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A123 Systems, now known as B456 Systems (AONEQ.PK) expects its Joint Plan of Liquidation to...

A123 Systems, now known as B456 Systems (AONEQ.PK) expects its Joint Plan of Liquidation to become effective at some point after June 10 and "upon the satisfaction or waiver of certain conditions precedent." Last week, B456 won court approval for its plan to exit bankruptcy by selling off its assets. Shares +4.35% but down from earlier highs. (8-K filing)
Comments (5)
  • haleiwahu
    , contributor
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    I wonder if part of selling off assets included selling of their own discovery or creation of industry "secrets"? Even if those sales happen to go to China or other non-US companies?
    28 May 2013, 12:59 PM Reply Like
  • LibertyCampaign
    , contributor
    Comments (506) | Send Message
     
    Does that mean common stock holders are getting the shaft? Why did the stock go up yesterday from .023 to .031?
    29 May 2013, 12:21 AM Reply Like
  • abounous
    , contributor
    Comment (1) | Send Message
     
    What will happen to commun shares.?? Just cancelled.??
    29 May 2013, 05:27 PM Reply Like
  • mikeAV
    , contributor
    Comments (3) | Send Message
     
    Yeah,. Is this a buy at .02? Are people jumping on this? It's in bankruptcy and sold.. Why am I getting info on this stock,. It's still being traded?
    30 May 2013, 08:38 AM Reply Like
  • LibertyCampaign
    , contributor
    Comments (506) | Send Message
     
    It's still being traded, but why is it going up if the new owners were granted permission to liquidate...then the stocks will soon be worthless, what am I failing to see here? I guess it all depends on what assets they are planning to sell, and if they are going to retain this company or sell it off in pieces for profit.
    31 May 2013, 11:17 AM Reply Like
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