A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives
Green Car Congress
MAY 31, 2012
The above circumstances, along with the Company’s history and near term forecast of incurring significant net losses and negative operating cash flows, raise substantial doubt on the Company’s ability to continue as a going concern. A123 Systems has been the recipient of a number of state and federal grants and tax incentives.
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