A123 Systems fka AONEQ

[tradingfunds]

AONEQ->Someone knows something+MoMo+Pending News+ShortSqueeze

AONEQ to Emerge from Bankruptcy soon pending the approval of the Buyout by Chinese Billionaire that owns Waxiang which has stating he is coming to the table with an ADDITIONAL $350MM to fund and relaunch AONEQ. Or the USA Gov't has recently stated & hinted it would step in to BAILOUT AONEQ which also means the PPS could sky rocket much higher.

Take your pick. I say someone knows something here and therefore we are seeing BIG MONEY buying + shorts (mega short squeeze coming) starting to "TRY" and cover. This was NOT ihub money at all. Big Money is and has started to ENTER AONEQ. This is screaming Bail out by the US Gov't or this is screaming Relaunch & Emerging from Bankruptcy when they approve the Waxiang Buyout for $260MM since Waxiang is coming to the table with an ADDITIONAL $350MM ($350MM is for relaunch imo and backing as stated).

AONEQ ->Obama+Timothy Geithner=Bailout

CFIUS, headed by Obama’s outgoing Treasury Secretary, Timothy Geithner, is in the process of reviewing the transfer of A123 Systems’ technology to the Shanghai-based Wanxiang Group in a bankruptcy sale. Wanxiang’s founder and CEO is Chinese billionaire Lu Quanqiu, China’s 18th richest man and a 44 year member of China’s National People’s Congress.

In a maneuver described as “novel,” Wanxiang has established an “independent trust” to buy a majority of A123’s assets while awaiting a decision from CFIUS. “This ‘trust’ mechanism shouldn’t fool anyone,” Popps noted, “at the end of the sale, this technology will still be Chinese-owned unless CFIUS follows the mandate in today’s Inaugural address.”

http://www.businesswire.com/news/home/20130121005851/en/Obama-“We-Cede”-Energy-Technology-Nations

BIG NEWS....CFIUS Review of A123 Acquisition by Wanxiang

http://www.strategicmaterials.org/council-urges-cfius-to-block-sale-of-us-battery-manufacturer-to-a-chinese-company/

re-actor Member Profile re-actor

Wednesday, January 23, 2013 4:59:35 PM
Re: tradingfunds post# 19782
Post # of 19787
What do you make of StockCross Global (STXG) entering the scene?

Waxiang is buying AONEQ out for $260MM and investing another $350MM doing a relaunch however after yesterdays news it appear the US Gov't is looking to "BAIL OUT" AONEQ so either way they are the next emerging bankruptcy play.