Sunedison Inc. (fka SUNEQ)

[FEED_THE_FOXES]

The "SC 13 S/A's" were filed yesterday. SUNE now owns just Class A stock in the yieldcos. They have given up their 10X1 Voting Majority with Class B shares. Upon sale they may get from $500MM to $750MM (at 100% stock sale). The last of assets available for sale above book value are now gone. Where is the Plan Of Reorganization ("POR")? It may take many months, even years, but according to the Priority of Claims under Bankruptcy Law this baby is cooked well done. The fog of war? Anybody trading this stock other than for dead cat bounces since the filing is clueless.