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Re: Emptyhead post# 35357

Friday, 07/21/2017 6:04:25 PM

Friday, July 21, 2017 6:04:25 PM

Post# of 36208
I thought the purpose of these boards was to share info and opinions, good or bad. Unfortunately, too many like yourself do not know how to read financial statements and the footnotes. If you knew GAAP and the equity method of consolidation you would know that SUNE was never a $20 billion company. It never had control of more than 2/3's of the assets on its books. It's 10-Q for 9/30/2015 if stripped of the assets for the VIE's, yieldcos and goodwill/intangibles was less than $6 billion versus $8.3 billion in liabilities. They were doomed given their negative cash flows and perpetual losses. If you don't like my messages don't read them.
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