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Thanks Slob
What'a ya think? SUNEQ coming back? Will it do
the "dollars" I/We thought it would?....
I HOPE so!!! lol
By Tom Corrigan
SunEdison Inc. hopes to file a bankruptcy-exit plan by the end of March, after reaching deals to sell its two publicly traded yieldcos and to clear up legal obstacles that have complicated the sale.
During a bankruptcy court hearing Tuesday in New York, SunEdison Chief Executive John Dubel told Judge Stuart Bernstein that he expects SunEdison will file a chapter 11 plan by March 29, the expiration date of the company's exclusive right to file such a plan.
Untangling SunEdison from the yieldcos is an important step forward, allowing SunEdison to turn its attention to finalizing the chapter 11 plan that will detail how it proposes to pay creditors and ultimately exit bankruptcy.
"Without a doubt, this is the most significant development to date in the case," Anthony Clark, a lawyer for SunEdison, told Judge Bernstein Tuesday.
Under two deals announced Tuesday, Canada's Brookfield Asset Management will pay $787 million in cash to buy TerraForm Global Inc. and become the sponsor for TerraForm Power Inc., with 51% ownership of the company.
TerraForm Global and TerraForm Power, the so-called yieldcos, are publicly traded offshoots of SunEdison that bought its renewable energy projects and fed cash to SunEdison's investors. TerraForm Global owns projects in Brazil, China, India and other emerging markets, and TerraForm Power held projects in the U.S., Canada, U.K. and Chile.
SunEdison's stakes in TerraForm Power and TerraForm Global are its most valuable assets. Except for the TerraForm stakes, many of SunEdison's alternative-power projects have been sold, bringing in cash far short of what is needed to cover a multibillion-dollar pile of debt.
The deals are still subject to a range of shareholder, regulatory and court approvals and aren't expected to close until the second half of 2017.
Mr. Clark, the SunEdison lawyer, said in court Tuesday that SunEdison has reached settlements with the yieldcos resolving a morass of intercompany disputes stemming from the complex legal and financial ties between the yieldcos and their parent. The settlements are the product of months of negotiations and help clear the way for a sale to move forward.
Mr. Clark said he expects to file papers asking for court approval of the settlements by the end of the week.
Lawyers for SunEdison's unsecured creditors have complained that they are being kept in the dark as SunEdison and secured lenders make decisions about asset sales and strategies that ultimately will determine how much suppliers, junior bondholders and other lower-ranking creditors can expect to recover.
"Your Honor, it's time to really get us involved in these conversations, " Matthew Barr, a lawyer for the official committee representing SunEdison's unsecured creditors, said in court Tuesday.
Lawyers for SunEdison denied they have frozen the creditors' committee out of negotiations but agreed to share with the committee a preliminary draft of SunEdison's bankruptcy-exit plan.
SunEdison filed for chapter 11 bankruptcy protection last year, hit with a wave of lawsuits and investigations that called into question its accounting practices and the validity of a business model built around a growth binge.
--Peg Brickley and Joshua Jamerson contributed to this article.
Write to Tom Corrigan at tom.corrigan@wsj.com
(END) Dow Jones Newswires
March 07, 2017 14:18 ET (19:18 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.- - 02 18 PM EST 03-07-17
Sooooo WHAT HAPPENED?? lol....
I was pounding the table, jumping up and down, screaming YES YES YES....Then it hit .10sumpin' and died.
Did I misread the news?? Thought SUNEQ was headed to at least the $4.00s??
Help me out here?
My idea of "good news" would be
a contract to supply the "resin wire" to Lockheed for the F-33 fighter, or to Ford for a new Hybrid car/truck.
Something like that.....and THAT COULD happen.
I've lost track of how many times
I've posted today so if you ask or something and I don't reply..... Yep I'm a free user.
So let me say this.
I understand how investors here may feel discouraged...like a bag holder. Been there done that. I KNOW the company isn't discouraged, BUT they're imo working so hard trying to get it together, they "MAY" be focused on that and not thinking about the shareholders as they should. Again JMO.
If you're pissed, saddened, discouraged why not contact them and POLITELY let THEM know rather than just rant on a web site?
In case you forgot... http://www.electriplast.com .....
Ask them for an update. Positive news is ALWAYS a good thing. If/when it hits, spread it around. Put it on Facebook, Twitter, Google....where ever ya do it.
If you're short, COVER!!! If you see any reason, buy a few more. TRUTH, I'm a disabled dewd, fixed income and a load of other pennies I don't wanna' sell yet and with no more money so I'm NOT going to ask anyone to "purchase more" BUY BUY BUY, when I can't myself. If I sell one I'll most likely put it here.
We HAVE to get the volume going. That's ALL there is to it. Sell, cover or try and see something positive about this company...but contact them and, again POLITELY, tell 'em how ya feel and ask for an update.
JMO
Actually....
I saw something in a filing as I did my DD. I'll leave it to you to see what I saw.
Baseless pump.....
I just told ya, "I FEEL IT IN ME BONES" as the pirate said. lol
No I mean that in my heart, but....well you know. I won't be any less excited if it takes a little longer.
Easy to understand....
Some, maybe MOST at this point, have held a while and seen the PPS drop. That's penny stocks.
I happen to believe the conductive resins are a product for the now.
GREAT for electric cars, aircraft, batteries, military apps, even small electronics. Non-Shorting, safe and reliable.
We'll see what happens.
250m AS 150m OS is NOTHING in the OTC. Things are BOUND to happen.
Heck, SNAP has lost $5M per year and look at the IPO in the $20.00s The market is a crazy thing.
I just "FEEL IT IN ME BONES" sumpin's fixin' to happen!!! If not, it's JUST money. We'll get more. lol
Volume starting to pick up.
Word getting around.
This is a GREAT product for the time. Light weight electronics are NEEDED more now than ever. imo
What's the link to that dog's page??
It sure would be nice if the MMs would
close the spread to LESS THAN .009!!! lol
DON'T sell MJTK BUT:
there's a nice list of pot stocks in THIS article:
http://seekingalpha.com/article/4052224-231-marijuana-stocks-one-week-returns-following-attorney-general-sessions-remarks?ifp=0
Go to the one before..29880 and you WILL
This one from "The Street". Maybe you'll
BELIEVE this one??? 4:10 long
This one is from "The Street"....
4.10 mins long BUT talks about legal weed...
Listen to this:
...another CNN, MSNBC lies believer.....
I like this one also:
https://www.facebook.com/search/top/?q=everx%20water
Lawyer says Trump will legalize....
Pot.
Some one HAS to grow it!!!! lol
http://longlivehealthtip.online/a-big-news-trump-administration-will-legalize-marijuana-and-cannabis-on-march-15-2017/
Here that NEWS from yesterday. Sorry:
Marketwire
SAN DIEGO, CA -- (Marketwired) -- 03/03/17 -- MyDx, Inc. (MYDX) (OTCQB: MYDX), a rapidly growing science and technology company that has developed MyDx®, the first multi-use handheld chemical analyzer for consumers, announced that it was recently featured on HBO's DAILY VICE News and will be speaking at the 3rd Annual Cannabis Business Expo to be hosted in San Diego, CA on March 5 - 8, 2017.
MyDx has been concentrating on the development and market deployment of MyDx sensor technologies and accompanying applications; improvement of the public company enterprise, including the reduction of cash burn and the retirement of substantial debt which has impacted the performance of its stock; expanding its global sales footprint for the MyDx product lines; and building the world's most complete database of physiologically relevant data from medical cannabis users.
"These are exciting times for MyDx," stated Daniel Yazbeck, Chairman & CEO. "Our company is maturing to the point where we can now begin to leverage our unique crowdsourced scientific dataset based on chemical profiles to create a better experience for consumers."
Mr. Yazbeck will be giving a talk titled "Finding the Right Strain for Your Ailment or Desired Feeling" during the Science and Medicine of Cannabis symposium on March 8, 2017 at 12 p.m. PST.
Please follow the link to see a short video documentary by HBO's DAILY VICE detailing the MyDx technology: https://video.vice.com/en_us/video/this-app-will-test-whats-in-your-weed/58adc7f3f74cd17013a4999e
About MyDx, Inc.
MyDx, Inc. (OTCQB: MYDX) is a chemical detection and sensor technology company based in San Diego, California whose mission is to help people Trust & Verify® what they put into their minds and bodies. The Company developed MyDx®, a patented, affordable portable analyzer that provides real-time chemical analysis and fits in the palm of the user's hand. The multi-use MyDx analyzer leverages over a decade of established chemical detection technology to measure chemicals of interest. The Company owns a substantial and growing intellectual property portfolio of patents covering its technology. The MyDx AquaDx®, OrganaDx™ and CannaDx™ sensors are now commercialized, and the AeroDx® application is next in line. All sensors will be compatible with a MyDx App that empowers consumers to live a healthier life by revealing the chemical composition of what they eat, drink and inhale. For more information, please visit www.cdxlife.com.
Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27(a) of the Securities Act of 1933, as amended, and Section 21(e) of the Securities Exchange Act of 1934, as amended. Statements may contain certain forward-looking statements pertaining to future anticipated or projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements. Words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," or variations of these or similar words, identify forward-looking statements. These forward-looking statements by their nature are estimates of future results only and involve substantial risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, our ability to complete our product testing and launch our product commercially, the acceptance of our product in the marketplace, the uncertainty of the laws and regulations relating to cannabis, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed from time to time in our reports filed with the Securities and Exchange Commission, available at http://ir.cdxlife.com/all-sec-filings or www.sec.gov.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=3115770
Here ya go SamuraiJay:
MYDXX had news yesterday. In case ya missed it:
http://seekingalpha.com/pr/16760996-mydx-featured-hbos-daily-vice-news?ifp=0
Sessions to Senators: Expect No Major Shift on Obama-Era Pot Policy =
By Monterey Bud on March 3rd, 2017 at 9:19 am
In Washington D.C., trepidation and bewilderment have been the new norm for policymakers representing states that have reformed their marijuana laws. Appalled the new Trump administration could attempt to roll back their voter-approved reforms, more than a few senators have reached out to the new Attorney General seeking clarification from the Department of Justice (DOJ).
After privately confirming to Sen. Rand Paul that Sessions would “have some respect for states’ right[s],” and leaving Sen. Cory Gardner with the distinct impression that “nothing at this point has changed,” a DOJ spokesperson confirmed the Jeff Sessions era would adhere to the past administration’s policy, according to politico.com.
“The department’s current policy is reflected in the 2013 Cole Memo.”
Urging Sessions to maintain the DOJ’s current policy, Alaska Sen. Lisa Murkowski and Massachusetts Sen. Elizabeth Warren fired off a letter to the new AG on Thursday. Signed by nine other senators, the apprehensive group of bipartisan legislators requested AG Sessions maintain the Obama administration’s hands-off policy.
“We write to express our concern regarding recent remarks by White House Press Secretary Sean Spicer suggesting the Department of Justice (DOJ) may begin enforcement against states that have legalized marijuana, and ask that you clarify DOJ’s policy regarding state marijuana laws. To date, eight states (Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon, and Washington) and the District of Columbia have passed laws allowing for the recreational use of marijuana, 28 states have medical marijuana laws, and 21 states have decriminalized the use o f marijuana. These voter-approved laws have been evaluated by Governors and state Attorneys General, rigorously debated by state legislatures and the communities they serve, and implemented through thoughtful processes to ensure the proper regulated production and sale of marijuana.”
In hopes of encouraging the DOJ to continue its Obama-era policy, the following 11 senators spoke up for their constituents and the 10th amendment: Colorado Sen. Michael F. Bennet, New Jersey Sen. Cory Booker, Nevada Sen. Catherine Cortez Masto, Hawaii Sen. Brian Schatz, Massachusetts Sen. Edward Markey, Washington State Sen. Maria Cantwell, Oregon Sen. Jeffrey Merkley, Oregon Sen. Ron Wyden, Washington State Sen. Patty Murray, Alaska Sen. Lisa Murkowski, and Massachusetts Sen. Elizabeth Warren.
Poised to protect their constituents, Warren and Murkowski concluded in the letter “It is essential that states that have implemented any type of practical, effective marijuana policy receive immediate assurance from the DOJ that it will respect the ability of states to enforce thoughtful, sensible drug policies in ways that do not threaten the public’s health and safety.”
Finger crossed, A.G. Sessions and the new administration will respect states’ rights and the will of the voters.
CEO video on future. About 2 mins, long:
http://www.b-tv.com/great-panther-silver-ceo-clip/
Pelosi's a TOTAL idiot imo. Insane and should GET OUT of politics!!! again jmo
Loving this .01+!!!
It's Friday.
Does that mean SGMD news today?? Looks like it to me!!
Just a reminder:
http://nypost.com/2017/03/02/sessions-hints-that-feds-wont-be-cracking-down-on-pot-use/
Just in case PLEASE READ THIS>>>>
Sessions reassures senators: No pot crackdown imminent
Worries about a shift in federal enforcement in states that have legalized recreational use may be overblown.
By BURGESS EVERETT 03/02/17 02:05 PM EST Updated 03/02/17 05:54 PM EST
Share on Facebook Share on Twitter
The Trump administration is causing serious paranoia among marijuana advocates with its hints of a federal crackdown on recreational use. But Attorney General Jeff Sessions has privately reassured some Republican senators that he won't deviate from an Obama-era policy of allowing states to implement their own marijuana laws.
Sessions has rattled both libertarians and liberals in ordering a review of the hands-off pot policy under President Barack Obama. But Sessions provided some private assurances to senators before he was confirmed that he was not considering a major shift in enforcement, despite his opposition to the use of marijuana.
I understand your discouraged. Just give it a little more time?
I really believe it'll "pay off"..... and yes, I admit, that IS my opinion.
Actually, Sessions recused himself from anything connected to the Trump campaign.
He'll not resign as POTUS has said Sessions should not.
Sessions is an honest man that will ONLY follow the law. The law is about to be changed. There are several bills ready to be voted on in Congress as I type and hopefully YOU read.
In the mean time Sessions has said he will follow the Obama plan concerning the states voting and approving legal reefer. He will NOT "go after" them.
So much false news about this and other subjects.....it's getting to where one can't beleve anything coming on TV and radio. That's dangerous!!!
The bashers hit a HOME RUN with these pot scare RUMORS just like them coming on IHub and trying to keep you and me from making ANY profit....Why I'll NEVER understand. JMO
Hey guys and gals, has anyone seen this:
“He told me he would have some respect for states' right on these things. And so I’ll be very unhappy if the federal government decides to go into Colorado and Washington and all of these places. And that’s not the [what] my interpretation of my conversation with him was. That this wasn’t his intention," said Sen. Rand Paul (R-Ky.). in an interview.
Hold your shares boys and girls:
I know it was posted before BUT read it!!!! Maybe a month we'll be sitting pretty IMO:
On March 1, 2017, the Company plans to respond to numerous investor inquiries concerning the status of its rollout Sriracha Seasoning Stix. Thus, the Company believes some of the information may constitute a material event pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934. Management plans to update investors as follows:
Representatives and license partners of the Company are in process of final inspection of one of the chosen contract manufacturing facilities and equipment is currently being delivered and installed in the satellite manufacturing facility located in Los Angeles. On February 10, 2017, the Company signed a lease for an approved culinary manufacturing facility, located in Los Angeles, CA, in support of the planned launch. The Company expects manufacturing equipment to be operational in Los Angeles during the week of March 5, 2017.
Investors have asked numerous questions concerning advanced website sign ups for product samples and free shipping upon launch of Sriracha Seasoning Stixs. Thus far, the Company has received 76,000 sign ups for free samples or free shipping. Management believes recent positive press covering the pending product launch has fueled the large increases in sign ups. The Company is not prepared to announce an availability date at this time, but is expecting to begin production during the month of March 2017, with a product launch occurring very shortly thereafter.
Management of the Company plans to discuss the above information with investors over the coming days in response to numerous inquiries.
The Company is making this Regulation FD Disclosure as it believes the above is a material event pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934. Members of the Company’s management team will likely be presenting and discussing various aspects of the agreement with suppliers, distributors and other marketing and/or financial partners of the Company over the coming days and weeks .
- 2 -
No. Sessions "recused" himself from ANY future or current
investigations involving the Trump campaign.
This all started due to the sleeeeeezy liberal media!!! jmo
Sessions speaks at 4:PM EST on Fox Bus.
Not to worry. MJTK will come back up....
the pennies ALWAYS do. Just a matter of time and NEWS!!! lol
Sessions to "speak" in a few mins,
they say on Fox Business Channel.