InvestorsHub Logo
Followers 4
Posts 186
Boards Moderated 0
Alias Born 07/27/2016

Re: lilsidepot post# 31325

Tuesday, 12/06/2016 1:15:58 PM

Tuesday, December 06, 2016 1:15:58 PM

Post# of 36208
To the contrary, TERP stated in its 8-K Nov. 29th that it was pursuing a strategy to make it totally independent of SUNE by the end of January 2017, and stated in both its most recent 10-K and 10-Q in the section Going Concern:

"The risk of substantive consolidation of the Company with SunEdison and inclusion in the SunEdison Bankruptcy as well as the existing covenant defaults and risks of future covenant defaults under a number of our financing agreements, raise substantial doubt about the Company's ability to continue as a going concern."

TERP is running as fast as it can to get away from SUNE. If SUNE needs TERP's assets to sell in order to raise cash to pay off its creditors what does that tell you about SUNE's real position?
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.