InvestorsHub Logo

NolsRgold

01/21/20 12:57 AM

#7718 RE: Tradernick5 #7717

Sure Nick,

Everyone needs to 1) demand the seller "Hycroft" inform the parent "Muds" that Muds will be assuming the warrant obligations and demand hycroft get a written instrament from Muds detailing how they will assume the warrant obligation
2) Put the parent "Muds" on notice that the warranties Hycroft is making in the purchase agreement are inadequate since Hycroft cannot retain the warrant obligation unless they are the surviving entity and put Muds on notice they will assume the warrant obligation 3) cc the acquisition sub everything 4) Anything else you guys identify from a regulatory standpoint ie self dealing etc.

We are not trying to blow up the merger just enforce that which we are legally entitled to under the warrant agreement. Hopefully by now everyone understands we will fight for everything we are entitled to, and quite frankly, deserve.

Additionally, I am a shareholder of both hyct and Muds. There is some concern about this deal and the treatment of hyct minority shares and Muds (although I can always just ask for a redemption). While the treatment is concerning, from a regulatory standpoint, it is not my main focus because the parties to the merger need to be afforded the opportunity to make amends.