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Date of registration: Sep 28th 2012

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Monday, October 1st 2012, 10:51am

$32M loan

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…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.