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Wednesday, 03/22/2017 11:55:21 PM

Wednesday, March 22, 2017 11:55:21 PM

Post# of 36208
BTUUQ. Peabody energy. Look BK came out of it and look where it ran. SUNEQ has better odds than they did. One day people one day

Peabody Energy (OTCPK:BTUUQ) looks set to exit Chapter 11 bankruptcy early next month after a bankruptcy judge said he would approve its plan to cut more than $5B of debt.
BTU's reorganization plan, which will repay secured lenders in full and received overwhelming support from its creditors, will be financed through a $1.5B sale of stock, consisting of a $750M rights offering available to bondholders and a $750M private placement of preferred equity for institutional investors.
The company reached last-minute settlements on various objections to the plan, including one from individual investors who said they were wrongly blocked from the private stock sale.

If they can do it SUNE for sure can

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