Hycroft Mining Holding Corp (HYMC)

[Olti100]

There is also a possibility that an amended plan may be filed that wipes out the existing common, with no warrants, as 'retaliation' for delaying the plan of reorganization by not approving the plan.
Thanks for your help but read more INFO Instead of that BSh of yours.Carefully to the Condition of the Cramdon.We are talking about our Property and still not yours akka Thieves in POsession.

http://www.law360.com/articles/468678/understanding-the-rules-of-bankruptcy-cramdown



hahahahahaha try us and lets see what happens?Take for your self the Warrants you want it to give to us.First of All Herr Loui I want politely say to you that You are Stealing my Property.Second Herr Loui you arent in position to do that as the BOD have to get the Releases and there is no UST Trustee to agre with that.And third the BOD and the IT Claims are going to surge and the battle to clean any plan will Comes up and of course there isnt going to be your Friend MAsciti but someone you cant even imagine to burn your behind outside this court and with RICO Charges.Comprende dear Cojones???The Equity Committee isnt anymore in the same place it was four months aggo and they should knolledge the Power of the Vote of the Add Hoc COmmitte.You either come softly to us or your Behinds is Grass for DOJ and FBI.SO which way you want it Hedge Puppy?By the way Dont come to bother your self and sell your Good Samaritan Thin in here when you are Evil and beyond THE WORD EVIL and have only one purpose in here.To Get our BEhinds in lines to be open from your Hedge Funds Wolfes.In this Situation here comes our GFY of ours.More to come Hedge Puppy.

Ps A Honest advice.Leave your Arrogance and look in the eye the situation as no one is giving a F..k for your threads in the Eye of those losses we have already endured as the result of the Criminal Activity from the BOD and the Hedge Funds who bought 150M$ in Notes after the BK Filling.IT and the BK is all over the place and this isnt going to get over so quickly.Read below Puppy.

If a class of interests is impaired and does not accept the proposed plan, the class may also be compelled to accept the treatment proposed under the plan under Section 1129(b)(2)(C) if the plan: (1) does not discriminate unfairly, and (2) is “fair and equitable” with respect to each nonaccepting, impaired class.

A plan is fair and equitable with respect to a nonaccepting class of interests in two instances.

First, under Section 1129(b)(2)(C)(i), a plan is fair and equitable with respect to a nonaccepting class of interests if the plan provides that each interest holder will receive or retain property of a value, as of the effective date of the plan, equal to the greatest of: (1) the allowed amount of any fixed liquidation preference to which the interest holder is entitled, (2) any fixed redemption price to which the interest holder is entitled or (3) the value of such interest.

Second, under Section 1129(b)(2)(C)(ii), a plan is fair and equitable with respect to a nonaccepting class of interests if the plan provides that the holder of any interest that is junior to the interests of such class will not receive or retain any property under the plan.

Generally, cramdown of equity is an issue only if the interest holders are contending that more than full value is being paid to the more senior class or, alternatively, there are multiple classes of interests, with some classes having liquidation preferences and others not.

Like unsecured creditors, equity holders can make the same arguments regarding valuation. Factors such as the amounts available for distribution and the extent to which the equity holders are out-of-the-money may determine whether the equity holders dispute such issues.

For example, if there are not enough assets to provide any distribution to unsecured creditors, equity holders may not expend their resources litigating a losing battle. If, on the other hand, a junior creditor class is receiving at least partial payment, equity holders may make such arguments in an attempt to secure a recovery.



Saayonara Puppy.