A123 Systems (AONE) says that it may not have sufficient cash to fund operations and may need to...

|About: A123 Systems, Inc. (AONEQ)|By:, SA News Editor

A123 Systems (AONE) says that it may not have sufficient cash to fund operations and may need to seek bankruptcy protection. The company failed to meet interest payments on approximately $143M of its material debt agreements today, and as a result, expects to be in default by tomorrow. Shares -47% AH.