Sunedison Inc. (fka SUNEQ)

[FEED_THE_FOXES]

It is just hyperbole based on two fundamental premises: First, SUNE is in fire sale mode to dispose of ALL of its core assets. Once they are gone there will be no core business, revenue or cash flow; and second, renewable energy development is a capital intensive business which requires huge amounts of upfront cash to do the pre-development groundwork. Lenders will not fund projects naked and new equity will never share with old shareholders for a previously failed business model. So SUNE will go nowhere without huge infusions of new cash and new equity will only fund it if the old shareholders are gone.