Replies to post #31240 on Sunedison Inc. (fka SUNEQ)

[Hugodrax]

Sorry Strategyone,

As explained ad nauseum, those are CONSOLIDATED figures including 100% of TERP and GLBL. SUNEQ only owns a FRACTION of those entities. Accounting rules force them to consolidate because of CONTROL, not ECONOMIC OWNERSHIP. One has to adjust for the fact that they only own a fraction of GLBL and TERP.

Also there is $2B of worthless "goodwill and intangibles".

Making those two adjustments makes equity instantly negative, and that is before the huge costs of the Chapter 11, the DIP loans, the massive contingent unliquidated claims such as lawsuits, and the fact that asset values they are selling are at the DevCo level are below expectations.

There is no chance the equity is worth anything. None.

Do the work or find someone who can.

[Handyman4545]

Sorry Hugo, you are wrong on your interpretation

I've been again, through the docket and it's numerous filings and despite your statement that the dockets have verbiage regarding the dissolution of the existing stock, I can find it nowhere.

In addition, the "bond market" that you mention has no direct connection to the disposition of the companies stock, no where in the Microsoft filings are the existing shares disposition addressed, and for all the searching I've done on Google, I can't find any mention of 20 minutes doing a segment on Sunedison.

I can therefore, find no credibility at all to your post.

If you know of a SPECIFIC filing that SPECIFICALLY states the disposition of the existing shares within the dockets, please call it out.
Otherwise, in my opinion, your postings amount to no more than unfounded opinion.