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- Thursday, January 12, 5:33 PM While considering A123 Systems (AONE) a "serious competitor" in the electric car battery market, Dougherty's Andrea James notes the company faces serious liquidity issues, and believes it could run out of money by Q2 '13 unless the DOJ floats it a loan. A123, which had $349M in cash on its balance sheet as of Sep. 30 (offset by $204M in debt), has posted negative free cash flow of roughly $420M over the last 12 months.
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Maybe Obama can print some more.
Funny, how this one has not made the news ala Solyndra.