Sunedison Inc. (fka SUNEQ)

[FEED_THE_FOXES]

"Hidden Assets" are a figment of the imagination from those who don't do DD or know how to read financial statements with footnotes. There is absolutely no way any current person on the SUNEQ payroll is going to stick their neck out for fraud before the Court. SUNEQ grossly overpaid for assets which ballooned their Balance Sheet. The capital markets facilitated SUNEQ cash mismanagement by buying the hype and giving them cash every time SUNEQ held their hands out. When the market said no more in 1Q2016 SUNEQ had nothing to fall back on. Case in point: SUNEQ bought FW for $2.5 billion who had at the time less than $100 million in tangible net worth, had never made a profit and had never generated positive cash flow. Multiply that acquisition event and you have a house of cards built on expectations but bereft of sound business fundamentals.