AONEQ ->Heating Up & Far from Over: He has to say that to cover his azz legally and to properly disclose. However there are some keywords in there you should take notice to because this is "FAR FROM OVER"
I'm 100% Bullish on AONEQ
Quote:
stokjockey Member Profile stokjockey Member Level
Saturday, January 19, 2013 12:13:38 PM
Re: iheartweimers post# 19407
Post # of 19409
Wanx can not use the A123 name. It is right in the accepted bid paperwork. Wanx will have nothing to do with "A123 Systems" period.
It will be up to Vinau, the CEO if he wants to save shareholders. Problem is he stated:
"The completion of the sale to Wanxiang is subject to certain closing conditions, including approval from the Court as well as from the Committee for Foreign Investment in the United States (CIFIUS). Because the total purchase price for A123's assets would be less than the total amount owed to creditors, the Company does not anticipate any recoveries for its current shareholders and believes its stock to have no value."
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