Hycroft Mining Holding Corp (HYMC)

[Richcc71]

Agreed:

Reasons for reversal include but are not limited to:

Failure to follow GAAP
Numerous SEC violations
Sarbanes Oxley violations
Write down of long lived assets totalling $390m only to be transferred to new company
Entering voluntary bankruptcy with a debt burden of $543m, emerging from bankruptcy with - according to Brian Tuttle estimates- a new debt burden of at least $680m! Absolutely sickening! How in earth can that be legal?

Disgusting and disgraceful- If this bankruptcy is not reversed, it will be a travesty of justice on a scale not seen before in the USA given the outrageous nature of it, and the billions to be earned by hedge funds and of course the management team.

Does beg the question: They emerged from bankruptcy over 2 years ago, why has the company not been sold?