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56Chevy

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56Chevy

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Re: None

Friday, 06/26/2020 2:43:55 PM

Friday, June 26, 2020 2:43:55 PM

Post# of 433
Bankruptcy imminent.

The Company has engaged advisors and has been in negotiations with holders of its 9.50% senior unsecured notes due 2026 and the ABL Lenders on terms and conditions of a prearranged bankruptcy filing. Regardless of whether the terms and conditions of a prearranged filing can be agreed upon with the debt holders, the Company expects to file for protection from its creditors under the United States Bankruptcy Code.



Source:
https://ih.advfn.com/stock-market/NYSE/hi-crush-HCR/stock-news/82732194/hi-crush-inc-reports-first-quarter-2020-results-a


No surprises here...its been a long constant decay to this point.

Marker;
Hi Crush Inc (HCR)
0.1905 down -0.1895 (-49.87%)
Volume: 19,095,934

What started in a garden.. was finished in a tomb. Amen.

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