Sunedison Inc. (fka SUNEQ)

[OTCdoc]

EBITDA 1.1B & reduction in guidance - This presentation was released before the market opened on Thursday and the stock was up 10%, so clearly the market received new guidance (and cash projections) positively.

Lowered guidance was primarily due to the project sales to JPM and a general slowdown to preserve capital. Axiom is just trying to make headlines to preserve their self-interest. The market wanted SUNE to do slow down development to save cash.

SUNE is now doing what the street asked and all of this should be considered positive.