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tob999

04/21/16 1:46 PM

#18075 RE: es1 #18073

Agreed. There are some big institutional names that hold commons too.
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Aka_QA

04/21/16 1:47 PM

#18077 RE: es1 #18073

Only If what you say really happens here then that's great but... Most people knew this was 50/50... The reward would have been much greater then the loss...
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Alaskindream

04/21/16 1:58 PM

#18087 RE: es1 #18073

For as long as SUNE is worth value, my current shares continue to own ownership and tradeable through bk and new emerging Sune. The only true thing that happens is the symbol changing from Q to new emerging symbol.

If SUNE bk completely (which I do not believe) only then are they truly cancel because they completely have no share value.

Am I correct? Thank you in advance.
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yaboy520

04/21/16 2:06 PM

#18090 RE: es1 #18073

ES1 excellent post, but here is what you are missing, common shareholders are at the very bottom of the list to receive any value following a BK, doesn't matter if it is a Chapter 11 or Chapter 7, the commons 99.9% of the time get screwed, this is not a myth but without a doubt a FACT.

Trust me, unless Sunedision themselves say that common's will be spared, you can bet the house they will be wiped out.

Before today's news, the post on here saying there will be no BK vs post saying BK is coming were 10 to 1

Now that the company has filed for BK, you still have people on here claiming they are gonna LOAD the boat when trading resumes and that the shares still have value.

More than likely Sunedision will go private after it re-emerges

Commons have lost this battle, and if I am wrong I will be completely SHOCKED
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Stock_Gambit

04/21/16 6:54 PM

#18309 RE: es1 #18073

Very nice story! Makes a difference when the assets are higher than the liabilities...