Sunedison Inc. (fka SUNEQ)

[Short_moneyC3]

Follow the facts-
https://cases.primeclerk.com/sunedison/
Day traders love BK plays its called hot potato, just don't get stuck being the last one holding the potato.

In an FAQ for shareholders, SunEdison said if the stock is delisted from the NYSE, shares would likely trade on the OTC Pink market. The company plans to continue filing required SEC reports as well as monthly reports required by the bankruptcy court. The company also notes that “anyone,” including shareholders, can file a proof of claim against SunEdison, but that those claims are only paid after secured and unsecured creditors have been “fully satisfied.” In other words, shareholders investments are gone.

Although SunEdison didn’t said so on Thursday, in the financing negotiations that took place last week the company was expected to pledge all its assets in exchange for $310 million in financing. It appears that creditors drove a tougher bargain.