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ATTENTION: Hycroft HYMCZ warrant holders, also known as the latest Allied Nevada Gold Corp. ANV shareholders
A 96 page lawsuit was filed on June 13, 2023, with the Court of Chancery, in Wilmington Delaware, with approximately 300 pages in exhibits, and it is now well underway in the judicial process.
You may or may not be aware that there is a group of people fighting for you to receive a comparable amount of equity back for the warrants you were issued when Hycroft (Allied Nevada Gold Corp ANV) issued warrants under the symbol HYCTW which later became the symbol HYMCZ.
We have currently located approximately 700 warrant holders, and there are 10s of thousands more that we have yet to locate.
Please copy and paste this message to all of your message boards, email lists, investment communities, or any other groups you belong to so that we can help locate the rest of these individuals. If we end up getting what we are asking for, these individuals will want to be informed.
Things are about to get interesting.
This case can be followed at the Court of Chancery in Wilmington Delaware, Jordan Darga vs. Hycroft Mining Holding Corporation, Mr. Randy E. Buffington, Mr. Stephen M. Jones, case No. 2023-0612-LWW
Plaintiff Darga is also sending out email updates as the case unfolds. To be part of the email updates, please join the following email list. To get caught up on the case as of today all you need to do is follow the link to the Updates Page in your welcome email.
Receive Email Updates Here:
https://bit.ly/HYMCZ-bulk-email-list
No problem! My guess is that Hycroft is going to try and get the lawsuit dismissed by:
1. Relisting HYMCZ by extending the contract date to allow for time to provide relief and
2. Update the warrant share number and strike price according to the points listed in the lawsuit that have been missed by Hycroft in the past (which is pretty much every event!).
This would effectively close the case and would cost Hycroft nothing.
Can we please get a volunteer to sign up for that express service listed in the link below so that when Hycroft responds someone can post it here so everyone knows?
The link to the page that we need someone to register is here:
Then follow case: 2022-0957
https://www.fileandservexpress.com/
You will need to click “register” then scroll down and click “public access / Media”.
Please let us all know who wants to do this.
Thanks!
Link to HYMCZ case:
Anyone know if Hycroft’a response will show up as an entry here or will they only be added to the expressservice link service which is noted in the first entry?
We need someone to post the updates to the board as new entries are added to the docket. Any volunteers? I believe that Hycroft must respond within 30 days from October 24th so a new entry should be added to the docket soon.
https://courtconnect.courts.delaware.gov/cc/cconnect/ck_public_qry_doct.cp_dktrpt_frames?backto=P&case_id=2022-0957&begin_date=&end_date=
Hey Brian, about damn time someone did that! Do you know if the judge will only provide relief for Travus, or if they will provide relief to everyone if that case is won, or do we need to file a separate lawsuit including the list of all the holders in our group as members of a lawsuit?
If there is some way to get this list of individuals to Travus, he could add it to his current lawsuit. It would save a lot of people from having to do the same thing. What do you think is best thing to do? https://bit.ly/HYMCZ-Members-List
Also, we should ask Travus to update his lawsuit and add in the relief section that since they litterally wasted our time these last 5 years we should rightfully get the expiration date extended atleast 5 more years. I'm wondering your thoughts.
Hycroft: Urgent Matter Needs Immediate Attention
Sent: Monday, October 24, 2022
Current Status: Awaiting response from Dianne
Sent to: Diane Garrett, and several other individuals (individually, asking to make sure that Diane Garrett receives this, that it is urgent, so that we know absolutely for a 100 percent fact that she has received this request.
Hello Diane Garrett and Tara Petta:
We are writing to request that the expiration date of the HYMCZ warrants be extended 5 to 7 years from its current expiration date as the last trading day for these warrants just occurred on Friday, October 21, 2022.
We have included the AVP of Nasdaq, Tara Petta, as a recipient of this email as she recently filed form 25, Notification of Removal From Listing, and will be awaiting an updated application to extend the expiration date upon approval of this request.
Please allow us to introduce ourselves.
As you may or may not be aware, the HYMCZ warrants were issued to class 8 shareholders as part of a court ordered relief package due to the bankruptcy proceedings when Hycroft was under the name of Allied Nevada Gold Corp.
We are this class of shareholders and have since formed a group of approximately 500 individuals who collectively form the HYMCZ Warrant Holders Group.
From the date these warrants were issued until the date of the announcement that Mudrick Capital had acquired Hycroft, five of the seven valuable years had already passed for these warrant holders giving them absolutely no time to increase in value before the expiration date.
We solicit this extension in an effort to allow sufficient time for these warrants to provide the proper court provided relief to these class 8 shareholders.
This will result in zero cost to Hycroft and will bring great hope to warrant holders.
We would also like to request that the expiration date on the Hycroft website be updated to reflect this new date so that current warrant holders, who have not yet managed to find our group, can see that the warrant expiration date has been extended because we have no way of contacting them.
In closing, please reply to confirm that Hycroft has received this request and if this request is to be honored, please also include a confirmation of the new expiration date.
If possible, we would like to accomplish the extension before the majority of brokerage platforms begin to no longer display these warrants in warrant holder portfolios, so as to not confuse holders as to why their warrants may have temporarily disappeared. As of the writing of this request there has been one confirmed brokerage, Interactive Brokers, which has already removed these warrants from their platform, and will be awaiting confirmation from Nasdaq to add positions back to portfolios.
We greatly appreciate this extension and look forward to the drill exploration results as well as the celebration with Hycroft once drilling is complete.
Thank you,
HYMCZ Warrant Holders Group
About our group:
The HYMCZ Warrant Holders Group holds a combined total of approximately five million warrants, representing 39% of the approximately 12.7 million HYMCZ warrants outstanding. A complete members list can be found in Excel format at the following link:
https://bit.ly/HYMCZ-Members-List
Hey Altini how are you? I just saw your post about how you sold due to financial reasons. I know exactly how you must have felt when you finally hit the sell button.
I did the same exact thing but with the intention to be able to hopefully buy them back once I was able to return to work but since it was taking a little longer than expected and since things seem to be picking up steam now I had to get as many back as I could as quick as possible.
I really hope you are able to get 5000 warrants and just hold them. Even though it is possible that we would lose all our money, there is a chance that our hymcz warrants become the next big meme stock just like GME and AMC.
The reason why I say this is because I watched how big money holders tried to push hymc and the max they were able to make the price rise so far was approximately $3 dollars. These guys don't care about or even give a damn about Hycroft. They are just looking to push the price of any stock as high as they can.
It is very possible that they find their way to our hymcz warrants because there are only 12.7 million in existence and so it is a lot easier for them to accomplish their goals. They are an energy force that can not be stopped and now they bring the entire AMC community with them which naturally brings the GME community because many are investors of both.
Anyways I really believe that this is going to happen and I believe that all of us warrant holders will be surprised that it does.
Why I say this is because about a year ago our group was trying to get the attention of redditors so they could choose us as a meme stock.
We attempted, but reddit at that time because of the frenzy it had caused, made extreme restrictions not allowing posts about anything other than GME or AMC. Fast forward about one year and we find that one of the two meme stocks some how finds its way to be a part owner of HYMC.
This brought all eyes to hymc and now when people type in the symbol hymc they will also see hymcz, hyml and hymcw and wonder what they are.
If just one popular person from reddit stumbles across one of our articles when they search for hymcz, for instance, the one about the bet of the century
https://bit.ly/Bet-of-the-Century-HYMCZ-A-Must-Read
and they post it to reddit, this will bring tons of people to hymcz and extremely quickly cause the HYMCZ price to shoot up like a broken fire hydrant because there will be very little resistance in selling because of the short supply.
Anyways, I really believe that this is going to happen and I hope you are able to get 5000 warrants back.
I do not trust in Hycroft at all. I think their management will never have its shareholders best interest in mind. However, I do believe that there will be another meme stock chosen in the near future and it seems as though all investors will jump on one after the other until the next thing you know, you have to pay a really high price to jump in on the action.
Also just so you know, we have been in contact with AMC Adam Aron and Rick Rule, Eric Sprott's right hand man in regards to the potential renegotiation of our warrant contracts.
Last night I sent the following email to CEO Adom Aron and within just an hour he had already responded. You should read the email in full as it is extremely important.
https://bit.ly/March-31-2022-Letter-To-AMC-CEO-Adam-Aron
We are perusing all ways conceivable in order to make this happen and we do not want you to have wasted years waiting for no reason whatsoever.
I hope all has been well with you!
Talk soon!
Jordan
BRIAN TUTTLE, PLEASE EMAIL ME IT IS VERY IMPORTANT. I HAVE BEEN IN TOUCH WITH BOTH ERIC RULE, ERICK SPROTT'S RIGHT HAND MAN, AND ALSO AMC CEO'S ADAM ARON REGARDING OUR WARRANTS.
AMC CEO ADAM ARON HAS ALREADY REPLIED TO OUR LETTER THAT WAS SENT OUT TONIGHT. I HAVE CC'D YOU ON ALL COOROSPONDENCE. I'M ASSUMING YOU NO LONGER USE YOUR LEGAL EMAIL.
LETTER HERE
https://bit.ly/March-31-2022-Letter-To-AMC-CEO-Adam-Aron
WE NEED TO PURSUE THIS QUICKLY AND FOLLOW IT TO THE END TO PREVENT HYMC SHAREHOLDERS AND AMC SHAREHOLDERS FROM LOSING ALL OR A SUBSTANTIAL PART OF THEIR INVESTMENTS. IF THE SEC WAS TO MAKE AN ANNOUNCEMENT TOMORROW IN OUR FAVOR, THE HYMC STOCK PRICE WILL CRASH HARD AND AMC WOULD SOON FOLLOW.
IF ANYONE KNOWS BRIAN'S NEW EMAIL, PLEASE SEND IT TO ME OR CONTACT HIM AND HAVE HIM EMAIL ME.
Guys if you have missed out on our previous updates, you need to see what things have been unfolding. If you are not part of our bulk email list, you can follow the updates at the following URL: You will want to bookmark this page as all updates are posted there and check it at least once per week until further notice as things seem to be heating up.
https://bit.ly/HYMCZ-Warrants-Updates-Page
THANK YOU!
Jordan
Hey guys! It's good to see some price movement with our warrants. I would be cautious about anyone buying HYMC though. It could become a meme stock to punish the shorts but just be careful if you want to jump on that wave. I'm expecting the SEC to make an announcement soon that their assets will he siezed and given back to the legacy HYMCZ warrant holders what was taken from them. When and if that happens HYMC will crash and become worthless almost instantly.
Fingers crossed that the perfect storm is brewing but this time in favor of the legacy holders.
Allied Nevada Shareholders paid for everything and have not given up the fight to get the mine back. In my opinion this is the end of the end of the period in which we all wait to hear if the sec took the case or not and actually opened an investigatio.
I woultd tread lightly with hymc.
Anyone hear anything before me please please let me know by email like you always do so I can let our group of over 500 warrant holders know.
Talk soon!
Jordan
Hey guys, funny how they tried to bury our warrants in the footnotes but now our warrants are worth more than both the W warrants and the L warrants. This tells me that we are right in track for some kind of tables being turned into our favor.
The mere fact that we are still here on this board more than 5 years after they took advantage of us also tells me that very soon we will get what we are after.
@freddie , about your comment a few days ago , about how you think all warrants are going to zero. I think that very much might happen too , except for the z warrants . I hope you were able to get yourself 5000 of them . If you haven’t yet, and you have a few bucks to spare it’s not a bad investment to jump on the boat with the rest of us especially with the price of less than 20 cents. You might literally be the last person to get them before we hear some real news that we have all been waiting for . You never know. Either way , we wish everyone the best with this as we have all put countless hours into trying to get justice. Might as well piggyback onto all our effort’s.
This year is our year guys ! Let’s keep our heads held high!
Hello everyone, Jordan here with a quick update!
Several people in our group have enquired over the past couple weeks if there was any latest news that they may have missed so I thought it would be a good idea to send out an email real quick.
Some of you may have noticed that our HYMCZ warrants are now trading for more than the HYMCL and HYMCW warrants and have been for some time now.
If you remember from a few updates ago we predicted this moment would come. One may think, how is it possible that warrants with a strike price of nearly $40 would ever trade for more than warrants with a strike price of $10.50. It would simply never happen. The only reason this is happening is because this is not about warrants. The warrants themselves are now practically worthless because they expire in less than one year and the share price is far from the strike price. The reason these warrants have value is because this is about what these warrants represent. These HYMCZ warrants represent the latest class 8 Allied Nevada Shareholders prior to the corporation commiting bankruptcy fraud.
These shareholders joined together and compiled a 28 chapter book explaining step by step how the corporation committed bankruptcy fraud and sent this directly to the SEC. With hundreds of complaints pouring in, there are high hopes that HYMC is under a formal investigation as we speak and is most likely in the final phases of dotting their i's and crossing their t's prior to releasing a formal announcement.
I personally am quite surprised that the price of our warrants have not closed at above $2 yet seeing that in a single day an announcement can take the price instantly to over $40. With the risk involved, it would make sense that these warrants would command a purchase price of atleast $2. Who would dare sell their warrants at $2 when they are expecting greater? With the expected announcement providing full relief to warrant holders plus some form of compensation for their time lost, warrant holders stand to receive up to $47.87 per warrant based on monetary damages alone.
Tuesday morning, premarket, our warrants traded for a little above $1 per warrant. Since the volume was not a large amount in comparison to the other few times this occurred, this was most likely just a few holders buying in late in the game to join our side.
You may have also noticed that Hycroft Mining Holding Corp has been trading for less than $1 per share for some time now.
This is just my opinion, but I believe that Hycroft trading for less than $1 can work out to our advantage if Hycroft assets are seized today, because the total market cap of the company will be a fraction of what it was which means we would have to pay back current shareholders much less before receiving our share.
According to Bloomberg and Yahoo, the market cap of the company is now approximately $50 million dollars whereas back in September 2020 the market cap was over $500 million dollars. To provide an example of how this could affect us, let us assume the following:
If assets were seized back in September and the total value of the mine was agreed to be $500 million dollars then those shareholders and other stakeholders would naturally try and fight to receive as much as they could before the mine is handed back over to us. This would take away from the portion rightfully due to the HYMCZ warrant holders.
However, if an announcement was made today seizing their assets, then currently shareholders could not argue to receive up to $500 million. They could only argue to receive up to the current going shareprice for their shares. This would leave $500m-50m= $450m more for the HYMCZ warrant holders. For example, if other stakeholders agree to $200m, this would leave $450m-$200m = $250m to the HYMCZ holders. That is, if assets of the mine are valued at $500 million at the time the assets are seized and we can in some way agree to pay off all stakeholders. Under this scenario, a total of $250 million divided by 12,721,623 hymcz warrants outstanding = $19.65 per warrant.
Last year Hycroft announced that the 5 percent NPV of the mine reached a staggering 5.9 billion dollars. So total sellable assets of $500 million should not be hard to prove. The Hycroft mine would make a great addition for any major gold miner adding huge reserves to their corporation.
If an announcement by the SEC is just around the corner, then it actually will have worked out to our advantage having taken as long as it did because had the announcement came any sooner, it may have greatly affected the amount we would each receive.
So let us all stay alert on all the market place news websites for any announcement by the SEC so we can confirm our suspicions that Hycroft is currently being formally investigated.
Also, if you happen to hear something before me please email me at alliednevadashareholders@gmail.com so I can let everyone in our group know.
There are now approximately 570 people in our group who are all waiting to hear something.
A quick warning to anyone reading this who is not part of our group who happens to have a short position opened in HYMCZ: We encourage you to close your positions as soon as possible because if an announcement is made soon, the price can potentially instantly reach over $40. You do not want to have to cover your shorts at $40. In the event that our entire group is incorrect, it is better to have not shorted HYMCZ and missed out on a profit than it is to have shorted and went bankrupt. We hope you take this warning seriously. We only want the best for everyone involved here.
Thank you and as always please keep an eye out for our next update.
Jordan
This thing can spike high and fast with just a tiny bit of volume! Imagine what it could do with big volume! Could today be a big volume day?
Hey everyone, I just wanted to pop in real quick to catch up on all the posts. I hope everyone is doing good and staying safe from covid. In just a few more months we could realisticly assume that a sufficient amount of time will have passed for the regulatory authorities to put together something formal so if we are to hear something it should be within the next few months. Fingers crossed that it will be better than we expect. If anyone hears something before then please send me an email to my personal email address so I can send an email out to everyone in our group. I really appreciate it. Talk soon! Jordan
Sure thing! Can you please explain here also so everyone else can be on the same page with these new developments? Also can you send me your number to me by email real quick? I know I have it but it's lost in a ton of emails. Thanks!
In what way can the 500m that you are referring to help us?
If you are referring to us getting a lower strike price, all we have to do in order to accomplish that is to sell our warrants and buy the HYMCW warrants with that money. After all, we can do a 1 for 1 exchange from our HYMCZ warrants for the HYMCW warrants at the current price.
That would instantly drop our strike price of roughly $40 to $11.50.
If I thought that HYMC was going to flourish with this black halo hanging over them, I would be the first to trade my warrants.
So if a lower strike price is what we want, that's all we have to do. I personally think that HYMC is going down, and HYMCW, and HYMCL are going with it. That is why I have not traded my HYMCZ warrants for the W warrants.
It is pretty cool to know that we could if we wanted to trade our warrants for the W warrants and instantly get our strike price not only lowered to 11.50, but we would get roughly 4 times the shares because our current warrant to share ratio is roughly .25 but the warrant to share ratio on the W warrants is 1.00.
If we thought that HYMC was going to flourish and that we were not going to receive relief, we would be fools not to trade our warrants for the W warrants.
The only reason we are holding is because we believe we will hear an announcement soon by the SEC.
If they don't, then we all wasted 6 years of time and effort for no reason. I do not believe that this is the case. Instead, it will probably be a surprise to everyone when we all see an announcement that HYMC assets have been frozen, and the ongoing fraud against HYMCZ holders is finally revealed to the entire investment community.
We have all been waiting far too long for this to end in silence with nothing being done. The energy we put into this was enough to get their attention. Now it's up to them to do their part. We need this to come to a quick close so we can all move on with our lives.
Anyone have any idea of the opportunity cost of our investments?
If someone has just $10,000 dollars invested, If this was compounded annually at 10%, for 7 years, that is almost $20k. So we really need this to come to a quick close so everyone can receive their investments back.
Hey Rich, they sure are! And for a brief moment our warrants traded for 200% higher than the price of HYMC. So it looks like management is going to have to watch as we take the mine back, and wonder how it was possible.
Watch this turn 180 degrees as the closing price of the HYMCZ warrants slowly creeps up on the closing price of first the HYMCW warrants, then the HYMCL warrants, and lastly the actual HYMC stock.
My guess. HYMC has become a sinking ship in order for the market cap to shrink so low that when the announcement by the SEC comes, it is quite easy to pay back the entire market cap to current holders of HYMC and then give us HYMCZ holders back our 100% ownership.
There is a reason the market cap of HYMC is only $185 million when at a gold price of $2,100, the NPV 5%, of the Hycroft mine is an astounding 5.9 billion dollars. With gold at $1,300, the NPV is 2.1 billion, remember? So why is it trading at just $185 million? Oh, I think I know why. Because the Hycroft mine is a stolen asset, and it can not regain it's true value until it is given back to the rightful owners.
Once that happens, watch it flourish!
This will make one interesting story when it's all said and done. I can see the headlines now. Largest Recovery Ever Recorded By the SEC. I just wonder about the implementation of how it will be done.
For instance, would a fund be created to pay back current HYMC holders in the amount of (for example, if the share price falls to $1 by the time this happens, 59.9 million shares X $1 = $59.9 million). And then would shares be extinguished and current HYMCZ holders be issued new shares, starting with 12.7 million shares being issued, 1 share per warrant held PLUS whatever additional share offerings the corporation does in order to raise capital?
I'm thinking this has never been done before so it's anyone's guess.
Anyways, I heard that you had sold yours. I hope you were able to get them back at a good price. If you had to pay double, I feel your pain. Seeing that I've been out of work for a while now, I figured I could try and accumulate more warrants by just timing the market right, and I ended up getting tumulted by the recent large speculators who just purchased. So that was pretty brutal.
It looks like large speculators are starting to find out about our group and passed the following article around to their associates causing the latest spike in price and volume. https://seekingalpha.com/article/4378476-allied-nevada-gold-corp-investors-may-be-on-track-to-soon-receive-relief-from-sec
If we take a look at the following chart, we can see the huge spike in article views on the 21st and 22nd for this article, which perfectly coincides with the large volume spike. Notice that prior to this spike, views of this article have been to a minimum because it got buried in press releases that were released after this article.
https://imgur.com/a/deCSQBG
These spikes seem to be occurring more and more frequently which to me shows that pressure is building around these warrants. Soon other large speculators will find out and also want to be a part causing more price spikes which will in turn most likely cause more higher and higher lows.
My guess is very soon we will have a fire hydrant type of explosion on the price of our warrants. It's just a guess but this is a normal pattern among stocks which have pressure increasing every month. As additional speculators continue to find out about our group, and the 28 chapter book that we sent to the SEC, it would not surprise me if we reach higher highs than previously. SEC complaints are still coming in month after month, and have not ceased since. So it highly likely that an SEC investigation is already far under way if they chose to take this low lying fruit.
I haven't released an update in a while so I will probably need to do that so that anyone who has not been following the recent price activity can stay up to date on the latest activity regarding these warrants.
Talk soon!
Typically what happens in a stock that has low volume is if someone comes in with a large order to increase the price 100% or more, it triggers alerts across investment firms worldwide. Then those investment firms (or individuals) each decide to get in on the action wondering what caused the price to move hoping to profit from the move. So the volume explodes quickly. Then after that happens price drops hard. This seems like it could be one of those types of price moves.
Hey guys!
Just thought I would pop in real quick!
My guess is that these are just speculators who bought today from those past articles that were posted a few months back.
Notice that after the price went way up, it fell really hard fast. Remember that the price of these warrants really don't matter. What matters is if we finally receive relief.
Just my two cents! Talk soon!
Hey guys seeing that everyone is posting about intraday price movements, I thought I would pop in here and mention something.
This is my opinion only, of course, but I would not worry about the price of these HYMCZ warrants. They can drop to a penny tomorrow and it will not matter. What matters is if we managed to get the attention of the regulatory authorities.
If we did, we got this in the bag. Let he who wants to sell, sell. But I just don't see why anyone would sell because let's assume someone has 5,000 warrants. Do they really think it's worth it to sell for 40 cents (and receive $2,000)?
To me it makes more sense to hold these because if we get a 100% recovery, that same 5,000 warrants can get us $200,000 and pay us for the time we all had to wait. In my opinion, it is better to lose $2,000 and have the chance at getting $200,000, than it is to have $2,000 in my bank account and then within the next few months hearing an announcement that causes us all to receive our investments back.
Imagine how that person would feel if they sold out at the very end, right before an announcement. To me it is better to consider that I lost my $2,000 so this way I can't sell it.
Again, this is just my opinion but the only way that it makes sense to sell is if someone has substantially more than 5,000 and they want to sell some of theirs but hold at least 5,000.
This way it doesn't affect their bottom line, and if we receive a 100% recovery, that person will still receive about $200,000.
Also, please keep in mind, if there are some people on this board who are considering selling, this means that there may be others who are not on this board that may also be considering to sell.
This naturally means that in the next few weeks we could see the price of the HYMCZ warrants fall.
So when we see the price fall, this is actually going to be better for the majority of warrant holders because it will keep them from being tempted to sell, because then it would really not make sense to sell, especially if the price drops substantially.
And if the price does drop substantially, we can almost guarantee that the volume will be extremely low because fewer and fewer people will sell at the lower and lower prices.
So if the best scenario is to protect the majority of the original warrant holders, the best thing for us at this time would be for the price to fall. So we can not look at the price falling as a bad thing.
I know that this may sound strange but if you think about it, it makes sense. The majority of warrant holders will be locked in and protected until the end.
So we can not be discouraged, even slightly, even if the price falls to a penny!
Hey Alex, thanks for that link. I just posted the following comment on their video:
ANYONE WHO HAS WATCHED THIS VIDEO MUST READ THIS OR YOU ARE AT RISK AT LOSING EVERYTHING IN HYMC WHICH IS THE REASON WHY THE STOCK PRICE RECENTLY IMPLODED: Great video but you absolutely must be aware of this: The reason why their stock imploded just recently is because their previous investors, the HYMCZ holders, have flooded the SEC with complaints, and has sent a 29 chapter book to them detailing a huge bankruptcy fraud along with many SEC violations which resulted in the theft of over $608 million dollars from the original shareholders (before the merger). HYMC holds stolen assets and the HYMCZ holders are the original owners who are entitled to these assets. Details here: You may not be aware of this. Please do not mislead the people. The stock just imploded right after this group of over 500 investors flooded the SEC with complaints. This is a serious matter. https://seekingalpha.com/instablog/52535199-hymcz-warrant-holders/5542105-speculative-bet-of-century-hymcz
PLEASE READ - HYMCZ holders need to protect themselves from individuals who are trying really hard to get them to sell.
Hold tight guys.
Why would we sell out now after all the work we did to get us this far? What if HYMCZ goes to $2 tomorrow, would we sell? Who would do that? Maybe if someone absolutely needed the money they might sell some at $2. We either win it all or lose it all with this.
Look at the work that was involved to get us this far:
This link takes the reader to a list of every single email that went into bringing us to today. This includes every single email ever sent to the bulk email list since the inception of the list in 2005.
https://us12.campaign-archive.com/home/?u=5a46d563ded9a805d71bcf969&id=a1704ef5a9
(**Edit -- the archive page only shows the latest 20)
This was no small task. It has been a group effort from over 500 people, starting as a group of a mere 30 individuals.
Selling out now would be compared to running a marathon and giving up at the last mile. Seriously, Who would do that?
Everyone, please protect yourselves from those who try and get you to sell.
Good for you Rich! Happy to hear it! Also, just so everyone here knows. Emotions have run high which is naturally expected so lets just all stick together from this point on. Congrats to all who are part of this. We are in it to win it!
Hey Rich, I just saw that you were the 2nd person added to the bulk email list. You joined on 10/18/15 11:54PM. You were in the race from the beginning. https://alliednevadafraud.us12.list-manage.com/subscribe?u=5a46d563ded9a805d71bcf969&id=a1704ef5a9
As of today we have 550 people, 9 of which just joined this month. These are people who just now found out about our group, who had no idea that they have had people fighting for them this entire time. They are very excited to have found us and for good reason.
Please do not give up hope now so close to the end.
Not today, but soon. The entire debacle with GME most likely moved us backwards on the timeline a few months. Great effort went into getting the attention of the SEC.
Also, only in the best case scenario will holders of just 5,000 warrants receive a starting value of about $200,000. That would entail either a recovery fund of $608M, or company assets frozen, current holders of HYMC receiving a fair value for their shares, and then the company being handed back over to HYMCZ holders. This is the only truly fair scenario, because it is not fair for HYMC holders to still be able to hold their shares when the assets they hold are stolen assets. They need to be returned to their rightful owners.
In the second scenario with the company behind handed back over to HYMCZ holders, with the gold market back at highs of $2,100, the price of our "new shares" could easily go up 5x in value which would theoretically make each holder of 5,000 a millionaire. Although most individuals will most likely not hold their shares long enough in this scenario since they have been waiting so long to receive relief. Most will be happy to receive whatever the initial value is that we all receive as part of our recovery package.
The SEC and other authorities are perfectly capable of handling such a task. Give it just a few more months. It will be well worth everyone's time.
Hey Freddie, I know you think that we are not going to accomplish our goals and that too is respectable because you have your reasons.
However, I have to say, I really really hope that you go against your intuition on this one and get yourself 5,000 HYMCZ so that you can also celebrate with us once everything is said and done since you have been a part of this board for some time now.
We don't want to leave anyone behind. The "buying frenzy" on the HYMCZ warrants looks like it's over so there are very few warrants being bought and sold right now on the open market. That to me also points to the doors closing soon.
To get 5,000 at the current price of around 30 cents, it will cost around $1,500. That to me is well worth risking in order to receive even just a fraction of what we are hoping to get back seeing that 5,000 warrants originally accounted for over 50,000 shares of ANV.
Remember when shares of ANV were $40 per share for a small window of time? That equates to holding a value of $2,000,000 for those who made their investments during that period of time when shares were priced at $40.
Click this: https://www.investing.com/equities/allied-nevada-gold-corp.-chart
Then scroll down to the chart, and click 1M to show (1 month time spreads).
Then look at April 1, 2011, and August 1, 2011. The investors who bought at this time paid $2,000,0000 for 50,000 ANV shares which converted to approximately 5,000 HYMCZ warrants.
This same amount today in the equivalent of HYMCZ warrants costs just at $1,500.
I would just like to say that if I were you I would at least sleep on it and think about it very deeply.
Could all of our collective efforts go to waste, or will over 500 investors (currently roughly 550) have enough power together to not only cause the SEC to investigate but also lead them down a path that uncovers even more that was not included in the book causing the entire mine to be hand delivered back into the hands of it's previous shareholders (HYMC halted), and all current investors paid back at the current fair market value of roughly $300M for the current shares, causing HYMCL, and HYMCW warrants to become worthless, with the tables completely turned 360 degrees, with the seemingly worthless HYMCZ warrants being converted from warrants to 1 to 1 shares causing the new share quantity of the Hycroft Mine to be 12.73 million, with HYMCZ holders making up the entirety of the new shares.
This is a best case scenario. Anything less than this would not result in justice being served.
However, assuming justice is not served, and the current hedge funds and institutions get to keep the mine, it would still be considered a "fair" amount of relief to receive $47.87 per HYMCZ warrant. A fund in this amount will equate to roughly $608 million dollars.
The corporation can easily handle this fund and still flourish once gold finally reaches a bottom and continues it's previous bull run. The bottom can come quicker than anyone may expect. It may be $1522, or it could potentially test $1370. To see these levels of resistance just change the chart to the monthly candle stick chart on http://www.pmbull.com/gold-price/
I personally do not believe it will fall to $1370 with $1522 most likely being the lowest low that it will test before proceeding upwards.
Situations like this are extremely rare and this will most likely be a precedent that all precious metals companies will look at as "what not to do to investors", and will forever go down in history as the largest gold and silver mine heist ever attempted.
There is absolutely no benefit to us whatsoever if you get yourself 5,000 warrants. This is out of the goodness of our own hearts that we are trying to encourage you to do so. We do not benefit from a temporarily price increase. The majority of HYMCZ warrant holders are expecting to receive relief and are not selling. So even if the price has a sharp increase, most will not sell. We would for love you to be a part of this with us and hope you make the decision to do so. Time is of the essence!
You are awesome! I hope you got yourself at least 5000 extra warrants since we all received ours. I recommend to everyone 5,000 so that it is well worth their time to wait all these years if all goes according to plan.
I just saw that you have made 19,253 comments since you joined investorshub. That is incredibly respectable.
Your comment gives hope to all who comes to this board so thank you very much for that. I would like to quote that in one of our future email updates to all warrant holders, if you don't mind.
"I'm no wild eyed dreamer but the SEC is in place to do exactly that kind of work."
Because that is exactly correct! And I believe that they are going to do exactly that.
Things are incredibly lined up in ways that are unexplainable for this not to happen.
The list is too long and complex to explain here, but the fact that more than 5,000,000 warrants traded hands in a 3 month period, when never before in the history of these warrants has even 1,000,000 traded hands., this shows that many many people are rooting for us, and believe that we will end up accomplishing our goal.
It will be a shock to the investment community when the news is released.
Little do they know that the entire mine is going to be handed back to those little guys in note P17, "Does not include 12.7 m Seller Warrants which have an exercise price of $40.31".
HYMCZ warrant holders, get ready for the shock of a lifetime.
Anyone who holds just 10,000 warrants would own almost 1/10 of 1 percent of the new mine! 10000 / 12730000 = 0.000785
And thank you to the new management for cleaning up the company and getting it ready to thrive. We really appreciate that! We've been waiting quite some time to receive our mine back, so a new management team is really exciting!
Great job on the presentation too. Very nicely done!
https://www.sec.gov/Archives/edgar/data/1718405/000171840521000039/a2021presentation4-19x21.htm
ATTENTION HYMCZ HOLDERS:
I MEAN NO DISRESPECT TO ANYONE ON THIS BOARD. THIS IS NOT PERSONAL.
ATTENTION:
DO NOT LISTEN TO ANYONE ON THIS BOARD WHO HAS ANYTHING NEGATIVE TO SAY ABOUT OUR HYMCZ WARRANTS.
OUR WARRANTS DO NOT REPRESENT THE TYPICAL WARRANTS THAT ARE TRADED ON THE EXCHANGES. THEY REPRESENT OWNERSHIP OF THE HYCROFT MINE BEFORE THE COMPANY NAME WAS CHANGED FROM ALLIED NEVADA.
THERE IS A BIG DIFFERENCE. THERE IS A HIGH PROBABILITY THAT THIS FRAUD IS CURRENTLY UNDER INVESTIGATION AND HYMCZ HOLDERS WILL BE THE RECIPIENTS OF WHAT THE U.S. SECURITIES AND EXCHANGE COMMISSION DEEM NECESSARY AS A FAIR RELIEF PACKAGE.
WE HAD TO FIGHT A TOUGH FIGHT TO GET US THIS FAR. DO NOT LET SOMEONE SWAY YOU INTO SELLING YOUR WARRANTS. THIS FIGHT WAS NOT DONE IN VAIN.
IF ANYONE POSTS ANYTHING NEGATIVE ABOUT THESE WARRANTS THEY DO NOT HAVE YOUR BEST INTEREST IN MIND.
THERE ARE MANY PEOPLE WHO LOST THEIR ENTIRE LIFE SAVINGS IN THIS, AND WE ARE NOT ABOUT TO LET THIS HAPPEN TO THEM.
LET THE PRICE OF OUR WARRANTS FALL TO A PENNY. IT DOES NOT MATTER THE PRICE. WHAT MATTERS IS WHEN THE ANNOUNCEMENT COMES FROM THE SEC STATING THAT A FUND IN THE AMOUNT OF _________ IS GOING TO BE CREATED FOR HYMCZ HOLDERS AND THAT TRADING OF HYMC HAS BEEN HALTED UNTIL THIS IS RESOLVED.
BURIED IN THE CORPORATION'S OWN FILING IT STATES THAT THERE IS A RISK THAT "THE DISRUPTION OF BUSINESS DUE TO THE PREVIOUS BANKRUPTCY". THEY ARE ABSOLUTELY CORRECT. THEIR BUSINESS WILL BE DISRUPTED.
THINGS LIKE THIS DO NOT HAPPEN EVERY DAY.
THE SEC DOES NOT RECEIVE FLOODS OF COMPLAINTS AND EXACT DETAILS OF FRAUDS ON A GOLDEN PLATTER ON A DAILY BASIS. THIS IS A RARITY.
THIS HAPPENED IN OUR CASE.
WE GOT LUCKY THAT A GROUP OF PEOPLE SO WILLINGLY TOOK THE TIME TO FIND OUT THE INFORMATION THAT WAS IN THAT BOOK. THIS GROUP OF PEOPLE DID NOT KNOW THAT THIS INFORMATION WAS GOING TO BE COMPILED INTO A BOOK AND SENT TO THE SEC.
WHEN ALL IS SAID AND DONE, WE NEED TO BACKTRACK ALL OF THE EMAILS THAT SENT THIS INFORMATION TO US, AND FIND OUT WHO EXACTLY WE OWE THE CREDIT TO, BECAUSE WITHOUT THEM, THIS WOULD HAVE BEEN IMPOSSIBLE. WE WILL BE GRATEFULLY INDEBTED TO THEM.
SO ANYONE WHO THINKS THAT OUR HYMCZ WARRANTS ARE WORTHLESS DOES NOT KNOW WHAT THEY ARE TALKING ABOUT. THESE WARRANTS ARE NOT RELATED TO THE PRICE OF HYMC IN ANY WAY. THE MANAGEMENT WHO MADE THOSE HORRENDOUS DECISIONS THINKS THAT THEY CAST OUR ENTIRE GROUP OF INVESTORS ASIDE BUT THEY HAVE NO IDEA WHAT IS COMING.
NOTICE HOW EVERY SINGLE PERSON LEFT THE COMPANY? THEY WANTED NO PART WITH WHAT BRIGHT SPOTLIGHT IS GOING TO BE CAST ON THEM. THEY LEFT, ONE, RIGHT AFTER THE OTHER, UNTIL THE VERY OWN CFO LEFT.
WHEN THE ANNOUNCEMENT COMES, HYCROFT EMPLOYEES WILL BE SURPRISED AND THINK, WOW, SERIOUSLY, THEY REALLY DID THAT? YES, THEY DID. THAT IS WHY THEY ARE NO LONGER THERE. THEY WANTED THE HELL OUT OF THERE AND FAST. WHAT THIEF WILL REMAIN AT THE JEWELERS HE STOLE FROM?
IN CLOSING, IT WILL BE MY GREAT HONOR TO ANNOUNCE TO EVERYONE, ONCE WE RECEIVE NOTIFICATION OF THE RELIEF PACKAGE, THAT THE TIME HAS FINALLY COME.
EVERYONE WILL CELEBRATE, ESPECIALLY THOSE WHO HAD BEEN ISSUED SO FEW WARRANTS, WHO HAVE ADDED TO THEIR PORTFOLIOS, BECAUSE FOR THEM, EVEN A RECOVERY OF $50 PER WARRANT WAS NOT ENOUGH TO COVER THEIR ORIGINAL INVESTMENTS.
THESE INDIVIDUALS, ABOUT 40 WHO HAVE CONTACTED ME PERSONALLY, HAVE RECENTLY ADDED ANYWHERE FROM 1,000 TO 5,000 WARRANTS AND HAVE BEEN PATIENTLY WAITING SINCE THE BEGINNING.
ANYONE WHO READS JUST THE TABLE OF CONTENTS OF THE BOOK, KNOWS THAT THIS IS NO ORDINARY FRAUD. THIS IS DELIBERATE DESTRUCTION OF STOCKHOLDER EQUITY IN VERY CLEVER WAYS IN ORDER TO APPEAR THAT THE COMPANY WAS STRUGGLING.
THANKS AGAIN TO THE RESEARCHERS WHO UNEARTHED THIS INFORMATION AND ALL 500 PLUS WARRANT HOLDERS WHO CONTRIBUTED TO THE FLOOD OF SEC COMPLAINTS.
Book download:
https://bit.ly/download-book-server-1
Receive the latest updates on these warrants:
http://bit.ly/HYMCZ-bulk-email-list
Original article about SEC complaint:
https://seekingalpha.com/instablog/52535199-hymcz-warrant-holders/5500776-u-s-securities-and-exchange-commission-receives-complaints-from-432-investors-filed-against
16 more clicks to the "Add yourself to the original SEC complaint" link since March 25, 2021.
https://imgur.com/a/VM3q9PV
Notice that these complaints that are still coming in have been coming in since the original submission. This is a tremendous amount of complaints in order to get the attention of the SEC.
It is my personal opinion only of course, but I believe that the SEC has already opened an investigation back in September when we had the original flood of complaints came in.
Just imagine what personnel were thinking when they read the table of contents of the book. They must be thinking, holy shit! This is why I believe that justice will be served. I wouldn't have wasted an ounce of energy on this if I didn't think we were going to receive relief. I would have sold out a long time ago! So guys, please hang in there!
Heads held high guys! We are in the 4rth quarter. 5 minutes on the clock. Keep strong!
Since the original SEC filing back in September, there have been 339 clicks to add themselves to the original SEC filing according to bitly ( a link tracking service ) .
This should be enough complaints in order to get the SEC to read the 29 chapter book's table of contents. https://bit.ly/download-book-server-1
IF the SEC did this, and they are not corrupt, then they should do what is right even though it might take them time.
Keep in mind, only about 7 months have passed since the original complaint. So if they started the investigation at that time, they could be finishing up on it right about now (if they worked quickly like they have done on some other cases ).
The Hycroft Mine is a STOLEN ASSET and it should be returned to shareholders, or at minimum, HYMCZ holders should receive relief in some form that is actual relief.
Lots of time and energy went into this from over 500 people to get us this far! We need to play this out guys!
That's not the dreamland Rich! The dreamland would be if, once we regain control, the company never had to issue equity again for the remaining mine life and as the years went by the price would keep going up seeing that there would only be 12.7 million shares, and it has a huge silver deposit.
So what happens to silver when gold increases? It moves at a faster velocity. Sell just one share here and there whenever you need to pay some bills. Now that is an absolute dreamland!
Think about that. In a pure profit scenario when all the mine's bills and expenditures are paid, the company produces:
As shown on their year end, 2020 press release just issued on March 24, it shows the 2020 production of 27,392 ounces of gold and 178,836 ounces of silver, an almost three-fold increase over 2019 and has projected for 2021 Planned 2021 run-of-mine production of 45,000 to 55,000 ounces of gold and 400,000 to 450,000 ounces of silver using conventional cyanide heap leach.
So we are very thankful that they are very slowly taking the gold and silver out at the current time. This will make it so that once the mine is back in our hands, the reserves will still be there.
Total proven reserves:
Gold 11,996,000 ounces
Silver 481,399,000 ounces
http://www.hycroftmining.com/?page_id=1295
(incredible how highly leveraged we are to the price of silver... guys, if we get the mine back in our hands we will hold one of the most profitable gold mines. Look at the enormous silver deposit!)
Take a look at the silver and gold prices on http://www.pmbull.com/silver-price/
Notice how silver can double itself multiple times before gold doubles once. What matters is how fast your asset price multiplies and how many reserves of that asset you hold.
Just wait. If we get what we want, which we should since everything was laid out on a platter for the enforcement agencies who make sure that shareholders are not defrauded, then it will be well worth our time.
Take a look at the current value of reserves:
When the silver spot price was at a low of only $11.64 back in March 2020, just one year ago, the total value of the silver deposit was: 481,399,000 ounces * $11.64 = $5,603,484,360 (that is $5.6 billion dollars)
At the same time the gold spot price was at a low $1,451. The total gold reserves 11,996,000 * $1,451 = $17,406,196,000 (that is $17 billion dollars in assets in the ground, at the low)
Yes, there are very high production costs to produce this gold and silver. I'm just using this as a point to illustrate that silver will produce much more when gold and silver increase.
Now lets compare the highs of gold and silver to see how the values change.
Using the high of the silver spot price which was $29.85, this causes the total reserve value of silver to be: $14,369,760,150 (an increase of $8,766,275,790 )
Whereas at the same time the high of the gold spot price was: $2,075 which made the total reserve value of gold: $24,891,700,000 (an increase of $7,485,504,000) A little more than 1 billion less value!
Now back in April 2011 when the silver spot price hit a high of $49.81, the total value of silver reserves were 481,399,000 *$49.81 = $23,978,484,190 billion and the gold spot price was $1,569 which makes the total gold reserves valued at just 11,996,000 * $1,569 = $18,821,724,000 (silver outshining gold by $5,156,760,190 !!).
The DARK HALO is hovering over the Hycroft Mine right now because it is a STOLEN ASSET. HYMCZ holders are the real owners. Once we get it back, it will be well worth the wait.
Any idea what just 1,000 warrants will be worth, once everything is said and done if everything works out according to our plan, in the best scenario possible?
There are many possible outcomes. The best being that the enforcement agencies, after investigation, see that there was a theft from the original shareholders. 12.73 million warrants were originally 120M plus shares. Don't forget that. This represented the ownership of the entire Hycroft Mine.
In the best case scenario, enforcement agencies see that a theft occurred, HYMC assets are frozen, current HYMC investors are paid back their $200-$300M, HYMCW and HYMCL warrants become worthless and our HYMCZ warrants become a representation of the ORIGINAL OWNERS of the hycroft mine, with the Hycroft Mine back in our hands.
Seeing that their total valuation is around $200-300M, this would put each of our HYMCZ warrants at (200M / 12.73M warrants = $15.71 to ($300M / 12.73M warrants = $23.56 per warrant.
Now seeing that the price of HYMC was at an all time high of $16.17 (even though this is NOTHING compared to it's potential), and the current price is around $4. Do the math. $16.17 / $4 = roughly 4x more. Take the price per HYMCZ of $15.71 to $23.56, and multiply that by $4 and you get $62.84 to $94.24 per HYMCZ.
Now what happens when we are valued at $1.2 billion, $2.4 billion, $5.9 billion (Remember, an 5% NPV of $5.9 billion has already occurred as stated by Steve Jones in last year's earnings conference call) and not $200M to $300M. How much would each warrant be worth then?
Now add this to the fact that the gold price is currently looking for a LONG TERM BOTTOM before continuing upwards again to break the previous long time highs of $2,100. Once it breaks these highs, it will not come down below $2,000 again. This is a long term upwards trend in the price of gold. People are not stupid. They know where the gold price is going.
What happens to the value of our warrants when the Hycroft Mine is back in our hands and the value of gold continues up? HYMCZ holders are holding a gold mine and instead of it being divided by 50M or more shareholders, being heavily diluted, they will only being divided by 12.73 million because there will be no reason to issue more equity because every ounce of gold and silver mined will line the company's balance sheet with profits.
Leave the little guys alone. Let them hold onto their 1000 warrants and stop trying to get them to sell. That 1000 warrants in a best case scenario can easily be worth $62,840 to $94,240 based on this math. Those who have 5,000 which is what I suggested, will have 5 times that which is $314,200 to $471,200, and it's going to happen sooner than later.
I have news for you, the people who have been waiting years for this have a better chance to get the entire Hycroft Mine back due to ongoing criminal BS against HYMCZ holders than HYMC has a chance to return to it's highs of $15.71 with the DARK HALO hovering over Hycroft.
The tables have turned. Previously, we would have wanted to be holding HYMC, HYMCW, or HYMCL. Now those assets are in the processed of being transferred back to the HYMCZ holders. It's like steering a big cruise ship. It might not look like it's turning, but just give it time. Oh it's turning alright and before you know it, it will be 180 degrees in the other direction.
Just a few months ago, the HYMCW, and HYMCL warrants were considered to be valuable. Now look at the prices. They are now considered to be worthless.
So hang in there and watch how this unfolds. It will be like a firework display when it all happens.
And everyone will be well compensated for their time.
I like the way you think! Everyone have a great weekend!
Pot seems to be starting to boil!
Anyone ever witness a situation in that an investigation which reveals ongoing harm to investors causes the asset in which the current shareholders own to go back to the hands of the previous shareholders (after of course the current shareholders receive back the going value of their investment)? I'm wondering how this would play out if this was the case.
For instance, if the Hycroft mine asset is valued at low estimation of $1.2 Billion and the total HYMC shares are valued at only $300M. The investigation would cause $300 to be paid back to shareholders, with the assets going back to those who were damaged, the HYMCZ holders.
Anyone have any idea how this would actually play out step by step if this was the case or does anyone have knowledge on what would most likely happen once the SEC announces that Hycroft management was found to have committed bankruptcy fraud among other things?
Thanks in advance for your input regarding this!
Hope this helps! This image just is just to show those who did not know that MUDS, Mudrick Capital, the blank check company that acquired Hycroft is a SPAC.
https://ibb.co/BLtSwpC
https://spaclisting.com/ticker/muds/
GREAT NEWS EVERYONE! LAST NIGHT REUTERS RELEASED INFORMATION THAT THE SEC HAS BEEN INQUIRING ABOUT SPECIAL PURPOSE ACQUISITION COMPANY, OR SPAC, DEALINGS. LETTERS WERE SENT BY THE SEC'S ENFORCEMENT DIVISION SUGGESTING THEY MAY BE A PRECURSOR TO A FORMAL INVESTIGATION. FOR THOSE OF YOU WHO DO NOT KNOW, HYMC/MUDS IS A SPAC.
IF THE SPAC UNDER INVESTIGATION IS HYCROFT, THEN WE FINALLY HAVE CONFIRMATION. IT IS ONLY A MATTER OF TIME BEFORE THE SEC RELEASES TO THE PUBLIC MORE DETAILS ABOUT THEIR INVESTIGATION.
PLEASE CONSIDER THE FOLLOWING:
We are using all caps in some parts of this email to highlight specific areas.
Think about the timing.
On February 23, 2021, just one day before Hycroft Mining was planning on releasing it's 2020 RESULTS AND 2021 OUTLOOK, they decided to change the date of their press release to March, 24th, 2021. The outlook was not originally intended to be released on March 24th. Instead, something caused Hycroft to change this last minute. Hycroft claims to have changed this date to closely coincide with the filing of its first Annual Report on Form 10-K.
http://www.hycroftmining.com/wp-content/uploads/02-10-21-YE-Conference-call-Announcement.pdf
http://www.hycroftmining.com/wp-content/uploads/02-23-21-Rescheduled-YE-Conference-call-Announcement.pdf
On this same day, the price of warrants dropped more than 50%, EXCEPT FOR OUR HYMCZ WARRANTS, and the price of their stock dropped $2 most likely due to page 13 of their Form 10K. Under the Business-Related Risks it states that they have substantial risks which may cause them to not be able to meet their future obligations.
Now here is where it gets interesting. ON THE SAME EVENING, AT 10:54PM, REUTERS RELEASES A PRESS RELEASE STATING THAT THE SEC IS INQUIRING ABOUT SPECIAL PURPOSE ACQUISITION COMPANY, OR SPAC, DEALINGS. BECAUSE OF THE ENORMOUS INFLUX OF SEC COMPLAINTS FILED RECENTLY AGAINST HYCROFT MINING HOLDING CORP, THERE IS A GREATER CHANCE THAT WE ARE THE SPAC THAT IS BEING INVESTIGATED, THAN SOME RANDOM SPAC. THIS IS BASED ON THE LOGIC THAT HUNDREDS OF SEC COMPLAINTS JUST RECENTLY POURED INTO THE SEC ABOUT THIS SPAC.
IF THIS IS THE CASE, WE FINALLY HAVE CONFIRMATION THAT THE SEC HAS OPENED AN INVESTIGATION.
SO WHY CHANGE THE DATE OF THE RELEASE? THEY STATED FOR THE RECORD THAT THEY DID THIS SO THAT IT WOULD BE MORE IN LINE WITH ANOTHER REPORT, BUT THE REAL REASON MAY HAVE BEEN VERY DIFFERENT. NO ONE ACTUALLY KNOWS. WE WOULD LIKE TO BELIEVE THAT BY THESE DATES FALLING ON THE SAME EXACT DAY, IS THE UNIVERSE'S WAY OF TELLING US THAT IT IS OUR INVESTIGATION THAT IS IN PROGRESS, AND THAT OUR HARD WORK AND DEDICATION WORKING TOWARDS PROVIDING RELIEF FOR SHAREHOLDERS HAS FINALLY PAID OFF.
Our efforts have earned us a place in the "Cautionary Note" section of their 2020 Results and 2021 Outlook. Buried about half way down a list of investment risks, is the following sentence:
"Risks related to disruption of our business due to the historical chapter 11 proceedings;" The amount of work that has allowed us to get this far gives us the right to confidently assume that this refers to our efforts as shareholders grouping together to get the attention of the SEC.
This statement shows that we have made such an great impact that it warranted them to bury this in the list of risks because yes, there is a very high probability that justice will be served and HYMCZ warrant holders will receive 100% relief.
THIS MAY BE COMPLETE SPECULATION BUT WHAT WE DO KNOW IS THAT WE NOW HAVE CONFIRMATION THAT THE SEC IS INVESTIGATING ONE, OR MORE SPACs. THE CHANCES OF THE SEC INVESTIGATING TWO SPACS AT THE SAME TIME WHEN THIS IS THE FIRST TIME INQUIRING FOR INFORMATION ON SPACs, IS EXTREMELY UNLIKELY. THEREFORE, THE SEC IS MOST LIKELY ONLY INVESTIGATING A SINGLE SPAC THAT HAS BEEN BROUGHT TO ITS ATTENTION.
COULD THIS SPAC BE OURS? IF SO, IT IS ONLY A MATTER OF TIME BEFORE THE SEC CONFIRMS THIS.
COINCIDENCE? WE THINK NOT!
WE MUST BE ON HIGH ALERT FOR ANY NEWS THAT THE SEC RELEASES FROM HERE ON OUT.
IT IS OUR GREATEST DESIRE THAT THE SEC INVESTIGATION IS ALREADY ALMOST OVER AND THAT AS PART OF THE INVESTIGATION, THEY SIMPLY NEEDED TO KNOW SOME INFORMATION ON HOW SPACS ARE HANDLED TO SEE IF THERE ARE ANY OTHER LOOPHOLES THAT OTHER CORPORATIONS MAY USE IN ORDER TO TAKE ADVANTAGE OF THEIR SHAREHOLDERS, THUS PREVENTING THIS FROM HAPPENING AGAIN TO OTHER INVESTORS.
IT WOULD BE VERY UNFORTUNATE IF WE HAVE TO WAIT ANOTHER SIX MONTHS IN ORDER TO RECEIVE A 100% GUARANTEED CONFIRMATION BUT WE MUST ALL PREPARE OURSELVES MENTALLY IN CASE THIS IS NECESSARY.
We will remain on high alert for any other information regarding this as we all unite together for the final stretch.
PLEASE PASS THIS ON TO YOUR FRIENDS, FAMILIES, AND LOVED ONES. ANYONE WHO WISHES TO UNITE WITH US, THERE ARE STILL SOME WARRANTS FOR SALE ON THE OPEN MARKET. WE BELIEVE THAT IF THE SEC ESTABLISHES A RECOVERY FUND, WARRANT HOLDERS WILL RECEIVE UP TO $47.87 PER WARRANT AS SHOWN IN THE FOLLOWING ARTICLE THAT WAS JUST RECENTLY POSTED TO SEEKING ALPHA: https://bit.ly/Bet-of-the-Century-HYMCZ-A-Must-Read
WE WOULD LOVE FOR THE PUBLIC TO JOIN US AS WELL. IT IS VERY IMPORTANT FOR ANYONE WHO JOINS US TO KNOW THAT THIS IS JUST SPECULATION. WE DO NOT KNOW WHICH CORPORATION THE SEC IS INVESTIGATING. WE BELIEVE IT IS HYCROFT MINING HOLDING CORP. BUT WE CAN IN NO WAY GUARANTEE THIS UNTIL WE HEAR CONFIRMATION FROM THE SEC ITSELF.
Thank you!