AMC investment in HYMC is peanuts worth of $25M in comparison to the fiduciary duty violation of AA and the board. AA releasing APE without shareholder approval is his crime against AMC shareholders. AMC shareholders own 100% of the AMC company and no CEO or board can undermine the owners of the AMC Co which is its 100% AMC shareholders. AA acted without the approval and blessing of the owners of the AMC co. He should have asked us to vote on the APE release before violating his fiduciary duty to us. He should be TERMINATED at a minimum with possible jail time. Look what they did to Martha Steward for committing a much lighter violation of INSIDER TRADING SHE GOT 10 YEARS IN PRISON. Some of these MFs in Wallstreet think and act like they are above the law. So FU AA and all you did to defraud us the AMC shareholders.
Hum Did some retirement fund lend out their shares ?? And they don’t want the gravy train for share lending income to end? Or They can’t get their stuff back because they don’t have the real stuff but a contract or something different