Suntech took a loan and media is talking about rescue package. $32M is not going to rescue anything or anyone. A lot of errors, convertible is called a loan here etc. Truth is that $550M is being payable in March 2013
http://www.sustainablebusiness.com/index…isplay/id/24130
I can imagine that this $680M fraud case had balance sheet' impact. It is time for the company to produce financial results. The trading warning and no financials make Suntech to look like a real penny stock and makes others look bad.
Thursday, December 6th 2012, 12:22am
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