Well guys it has been quite the run especially for those that have been in this since pre-bk. Has anyone else noticed it has been awfully quiet in the media as of late, AUG was most definitely the quiet before the storm. For those holding here and for future gamblers trying to get in, I believe SEPT is a huge month for SUNE(Q) and shareholders. I also believe that this thing is finally getting close to the end and the final stretch is here being SEPT-DEC. IMO by the end of the year shareholders will know their demise but the events are finally getting started, listed blow:
Upcoming Events
SEPT - Auction Deadlines (TERP/GLBL, Assets, etc.) also many court deadlines to move BK forward.
OCT - More pending news
NOV - ReOrg Plan
DEC - Clarity on Forward Guidance
Possible Final Outcomes
- Payoff Debt cont. biz commons survive
- Reduce debt + Merger or Buyout, possible. Commons survive
- Can't pay debt, emerge, commons wiped
- Turns into Chapter 7, Liquidate, Gone; commons wiped
** As I stated before the signs are off the building in Belmont, CA.
