Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
boom, up up and away.. how high will she go
Something has leaked. this stock is looking better and better. when news hits this is going to run hard
HERE we go!!! hold on tight the time is near
SunEdison settles contract fight to help close $150 mln sale
BY Reuters
— 7:00 PM ET 01/04/2017
By Jim Christie
Jan 4 (Reuters) - Bankrupt renewable energy company SunEdison Inc ( SUNEQ ) has reached a deal with a spinoff company that helps clear the way for a $150 million sale of its solar materials business to a Chinese buyer, according to court papers filed on Tuesday.
Chinese solar equipment maker GCL-Poly Energy Holdings Ltd ( GCPEF) agreed to buy the business in August, part of SunEdison's ( SUNEQ ) drive to shed assets to raise money to repay its creditors.
The sale ran into trouble due to an objection from SunEdison Semiconductor, which was spun off by SunEdison ( SUNEQ ) in 2014.
The spin-off company argued in an October court filing it had not consented to transfer of intellectual property licenses as part of the deal.
SunEdison ( SUNEQ )
has resolved that objection to help close the sale and will extend a services agreement with its affiliate through September at reduced rates.
In addition, SunEdison Semiconductor gets an administrative expense claim of nearly $2.7 million and a general unsecured claim non-priority claim of about $16.5 million, compared with the $40 million in unsecured claims it had asserted.
Once the fastest-growing U.S. renewable energy company, SunEdison ( SUNEQ ) filed for Chapter 11 bankruptcy protection in April after a binge of debt-fueled acquisitions proved unsustainable.
A hearing at which the settlement could be approved will be held in U.S. Bankruptcy Court in Manhattan on Jan. 24, two days ahead of SunEdison's ( SUNEQ)target date for filing a Chapter 11 plan. (Reporting by Jim Christie; Editing by Bernard Orr)
SunEdison settles contract fight to help close $150 mln sale
BY Reuters
— 7:00 PM ET 01/04/2017
By Jim Christie
Jan 4 (Reuters) - Bankrupt renewable energy company SunEdison Inc ( SUNEQ ) has reached a deal with a spinoff company that helps clear the way for a $150 million sale of its solar materials business to a Chinese buyer, according to court papers filed on Tuesday.
Chinese solar equipment maker GCL-Poly Energy Holdings Ltd ( GCPEF) agreed to buy the business in August, part of SunEdison's ( SUNEQ ) drive to shed assets to raise money to repay its creditors.
The sale ran into trouble due to an objection from SunEdison Semiconductor, which was spun off by SunEdison ( SUNEQ ) in 2014.
The spin-off company argued in an October court filing it had not consented to transfer of intellectual property licenses as part of the deal.
SunEdison ( SUNEQ )
has resolved that objection to help close the sale and will extend a services agreement with its affiliate through September at reduced rates.
In addition, SunEdison Semiconductor gets an administrative expense claim of nearly $2.7 million and a general unsecured claim non-priority claim of about $16.5 million, compared with the $40 million in unsecured claims it had asserted.
Once the fastest-growing U.S. renewable energy company, SunEdison ( SUNEQ ) filed for Chapter 11 bankruptcy protection in April after a binge of debt-fueled acquisitions proved unsustainable.
A hearing at which the settlement could be approved will be held in U.S. Bankruptcy Court in Manhattan on Jan. 24, two days ahead of SunEdison's ( SUNEQ)target date for filing a Chapter 11 plan. (Reporting by Jim Christie; Editing by Bernard Orr)
SunEdison settles contract fight to help close $150 mln sale
BY Reuters
— 7:00 PM ET 01/04/2017
By Jim Christie
Jan 4 (Reuters) - Bankrupt renewable energy company SunEdison Inc ( SUNEQ ) has reached a deal with a spinoff company that helps clear the way for a $150 million sale of its solar materials business to a Chinese buyer, according to court papers filed on Tuesday.
Chinese solar equipment maker GCL-Poly Energy Holdings Ltd ( GCPEF) agreed to buy the business in August, part of SunEdison's ( SUNEQ ) drive to shed assets to raise money to repay its creditors.
The sale ran into trouble due to an objection from SunEdison Semiconductor, which was spun off by SunEdison ( SUNEQ ) in 2014.
The spin-off company argued in an October court filing it had not consented to transfer of intellectual property licenses as part of the deal.
SunEdison ( SUNEQ )
has resolved that objection to help close the sale and will extend a services agreement with its affiliate through September at reduced rates.
In addition, SunEdison Semiconductor gets an administrative expense claim of nearly $2.7 million and a general unsecured claim non-priority claim of about $16.5 million, compared with the $40 million in unsecured claims it had asserted.
Once the fastest-growing U.S. renewable energy company, SunEdison ( SUNEQ ) filed for Chapter 11 bankruptcy protection in April after a binge of debt-fueled acquisitions proved unsustainable.
A hearing at which the settlement could be approved will be held in U.S. Bankruptcy Court in Manhattan on Jan. 24, two days ahead of SunEdison's ( SUNEQ)target date for filing a Chapter 11 plan. (Reporting by Jim Christie; Editing by Bernard Orr)
Please post a link to the court doc, or where you got this information
Where do you see all this new news at?? it hasnt been posted
closing green today!!! will be a great Friday morning
I feel this is going lower tomorrow... I HATE Fridays.
BLOOD IS IN THE FUTURE
They A. havent even tried, B. are trying to contact the wrong person, C. just trying to stir up shit. Even if they ask questions that they can not answer he would reply and let them know that is the case. I have hear him tell me that more than once.
I have always got answers as well. infact he has put me on a list to be mailed new info when it is available.
Sold some and still holding. This stock will go up more in my openion. However I do think that it will drop before next up.
I think closing red, came out to hot
It will fall tomorrow morning and I will pick up some more around .31-.32 rang and then next week off to the races.
Dropping to about .31 and establishing a new base.
And down she goes!!!
Tomorrow will gap up huge in the am..
BOOOOOM TIME!!
CLOSING GREEN TODAY!! up up up we go
I agree, I think that tomorrow will drop some and then end of this week or next week it will run again. Chart looks good and as had steady mild drops and them better ups.
Will buy more at .17 sell at your .27 buy back in again on next dip and hold those because after .30 I don't think this will no fall again.
will grab more at .17 on the next dip
I have a feeling this is going to drop back down to about .15-.16 for a while then climb back up again even higher but that is fine will me still a steady up chart over all.
She is going to run today.. looking great
You are correct, and I hope that it happens. I hope this goes way way way up. I have bought back in at the low in order to average down. Praying to get some of my money back. I am glad to see more and more action on this message board.
The split and the amount of money that this has me in the hole with right now. Like I said if this gets back to $.75 I would feel better but it is a long long way from that.
WOW!!! look at this GO^ GO^ GO^ GO^^^^
OH and to answer you question there are many, and there are also some in the pot sector as well LXRP, OWCP, are just a couple, I am sure there are many many more.
Thought that to about 6 months ago!!!!! just saying watch out. I am still invested however it is because I was invested a lot and my money has now turned to nothing here. Trust me I wish you were right and this would jump up to $.75 or higher.. but I just have to LOL at that.
However!! It did do a R/S dropped a lot of money very fist.
This stock was just a R/S not long ago.... MANY MANY MANY lost a lot of money. know your DD before jumping in to this
Going to run big for power hour.
Getting ready for next run!! and I think that its going to be very soon
Its go time!!!!
This is really hurting!!! And i am getting worried...
MJTKD as finally bottomed out and jumping up fast. up 35%+ already today. expecting news soon im thinking
MJTKD finally hit bottom and is rebounding big.. up over 35%
LXRP new to MJ and finally getting noticed.. so thin and with a little volume this will fly