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AONE [NASD] A123 Systems, Inc. Technology | Diversified Electronics | USA

By: capt_nemo in ROUND | Recommend this post (1)
Tue, 16 Oct 12 8:35 AM | 47 view(s)
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WOW Electric car battery maker. Guess they aren't such a good idea.......

A123 Systems, Inc. (AONE)
-NasdaqGS

0.24 Up 0.0026(1.10%) Oct 15, 4:00PM EDT|After Hours : 0.1450 Down 0.10 (39.58%) Oct 15, 7:59PM EDT

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15-Oct-12 11:04PM A123 May Seek Bankruptcy as Company Sees Cash Shortage at Bloomberg

08:50PM Electric Car Battery Maker A123 Expects Debt Default at The Wall Street Journal

A123 Systems, Inc., together with its subsidiaries, designs, develops, manufactures, and sells rechargeable lithium-ion batteries and energy storage systems worldwide. The company's battery products are based on its Nanophosphate technology that delivers energy storage solutions for power generation, transmission, and distribution for application development in the transportation, electric grid services, and commercial markets. Its battery systems comprise energy storage solutions for BAE systems; and grid storage solutions, prismatic battery systems, starter battery systems, and lead acid replacement batteries. In addition, the company provides research and development services to government agencies and commercial customers. A123 Systems, Inc. sells its batteries and battery systems directly to end-user customers, as well as through reseller and distributor channels. The company was founded in 2001 and is headquartered in Waltham, Massachusetts.

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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