Tuesday, February 5, 2013
A123 Systems, Inc. (AONEQ) SHARES TO NO HAVE VALUE
The stock is indicated by the company website to get delisted from the OTC Board after the completion of bankruptcy filing. It also clearly states that the current stock shares have no value whatsoever,however, 13 m shares were traded as of the 4th of February,2013. If the bankruptcy filing gets completed the shareholders may try to sue the company for the total loss of their shares. However, that may just be justified by the court as shareholders fault for holding shares that have no value at all. In addition, there is a full proof of the warning what may come in the future soon enough once the bankruptcy filing is completed. Here is a useful link to the websites from where you can get further details. Link: http://www.loganandco.com/adhocdocs/ASI/FAQ%20for%20Shareholders.pdf Disclosure: I hold no shares in this company, and my notes are not to be taken as an investment advise but an opinion.