Replies to post #27367 on Sunedison Inc. (fka SUNEQ)

[FEED_THE_FOXES]

Forget the news report. Read today's 8-K filing. The potential revenue from assets sales is a gross number before deducting for projects' debt and other liabilities. The most recent SUNE Court filings show that project sales are generating little to nothing in cash to SUNE after deducting for third party obligations. This has become a consistent pattern for SUNE asset sales. Look at their current cash flow projections and compare them to last April's: they are looking at September month end cash balances that are +$400 million less than what they originally showed the DIP lenders. The only hope for SUNE is a bonus on the sales of TERP and GLBL and that is not a strong prospect given they have not provided audited financials since 2015.