Humanigen Inc (HGEN) Quote

HGENQ shares are now cancelled but get no message from broker. It's a new symbol. HGENQ ticker has been cancelled with no notifications etc.

No information from transfer agent or company management in SEC filings.
No notification from SEC
No notification from company
No notification from broker
No notification from transfer agent
nothing
Some companies don't even bother filing for bankruptcy and just not file SEC reports and get delisted and disappear. That is how regulated the stock market is. less regulated than some street vendor in the flea market. or craigslist. or some guy selling fake concert tickets. no legal recourse nothing.


When a company cancels its common stock, it declares all existing common stock certificates to be null and void. Most often, companies cancel stock when going through bankruptcy proceedings. After cancelling, the company may cease to exist or issue new shares in a reorganized company. In either instance, the cancelled shares only have value as souvenirs, not as securities.

Notification

A company can cancel common stock in bankruptcy and occasionally in other situations such as reverse stock splits, though a temporary recall is more common. The company may need authorization from a regulatory power before it can cancel, depending on where the company operates. It then instructs a financial service, called a transfer agent, to notify all investors, exchanges and other parties involved in the exchange of its common stock.

Certificates

The transfer agent notifies all relevant parties and updates databases so that all outstanding shares of common stock appear as "canceled." If an investor holds a paper certificate, the transfer agent may try to recall the certificate but can also simply update databases so that any search for the certificate number will show that it is no longer a valid stock certificate.

Meaning

A canceled share of common stock has no value as a security. The company no longer recognizes that share as representing ownership in the company and therefore other investors no longer recognize it as valuable.
Situations

Companies can cancel shares and not issue any more, which frequently happens in bankruptcy cases. Companies can also cancel existing shares of common stock and reissue new shares. In cases where common stock is reissued, the old shares have no value and no longer represent ownership, while the new shares do.

Dr. John makes me wonder...did we have a coup by croup (artistic license)? Relative to dementia following Biden's vaccinations.

https://www.google.com/search?q=youtube%2C+dr+john+campbell%2C+dementia&sca_esv=67eac9aa2b9499b8&sca_upv=1&sxsrf=ADLYWILkL1aSU6B65nBrwAdh2z1Nb67mgw%3A1721698932777&source=hp&ei=dAqfZquTKr25kPIPz5Sl0AU&iflsig=AL9hbdgAAAAAZp8YhDNpX5IZ0ueVGMsSBaN2wqmCQ5iK&oq=youtube&gs_lp=Egdnd3Mtd2l6GgIYAiIHeW91dHViZSoCCAAyBBAjGCcyBBAjGCcyBBAjGCcyChAuGIAEGEMYigUyERAuGIAEGLEDGNEDGIMBGMcBMgsQABiABBiRAhiKBTIQEAAYgAQYsQMYgwEYFBiHAjILEAAYgAQYkQIYigUyCxAAGIAEGJECGIoFMgsQABiABBiRAhiKBUjxOlDjCViLG3ABeACQAQCYAXegAb4FqgEDNS4yuAEByAEA-AEBmAIIoALfBagCCsICDRAuGNEDGMcBGCcY6gLCAgcQIxgnGOoCwgIKECMYJxjqAhiLA8ICFhAuGIAEGLEDGNEDGEMYgwEYxwEYigXCAgsQABiABBixAxiDAcICChAAGIAEGEMYigXCAgsQLhiABBixAxiDAZgDCZIHAzMuNaAH5Vg&sclient=gws-wiz#fpstate=ive&vld=cid:5933400a,vid:t0KuH3r9RMI,st:0

"FDA not approving a drug that has potential to save millions of lives is the real crime..."

I agree.

But so do companies like Sanofi, Gracell/AstraZeneca, and Novavax. Entities like Mayo Clinic, IMPACT, and SAHMRI also likely agree. And as additional information regarding vaccine injuries and excess deaths comes to light, the worldwide medical community will all turn to lenz.

"The question why is the one guy who still owns 100 million shares didn't sell?"

Because those shares are beneficially owned by Humanigen, in my opinion. Don't worry, they'll sell. And demand for this stock will be insatiable, when they do.

for investment scams or investment frauds like biotechs, you need the co operation of the SEC, FDA, and management and paid promoters like cowtown to make it work. and judges and lawyers....over 100 million was ripped off from institutionaal investors. as for retail investors they peons and were not necessary and used to file the fake shareholder lawsuit. with fake creditors.

cowtown obviously works for humanigen and is the moderator. why he keeps posting about the lenzi and cheerleading about patents and this company even though it' has declared banktruptcy. either taran needs new investors if it decides to go 'public again' cowtown and humanigen selling hopium to speculators. either lenzi is snake oil or real deal. that is what is needs to be known. and FDA not approving a drug that has potential to save milions of lives is the real crime if lenzi does work but lenzi drug can be snake oil and FDA was willing participant of this investment scam.

The market for small caps and this stock in particular has no interest.
The question why is the one guy who still owns 100 million shares didn't sell? even 100 million at .01/cent 1 million or .005 is $50,000 yet the 100 million shares is still own by one guy.?? strange why people will not sell a worthless stock either they still want to own it and control the company even in bankruptcy.

It's interesting that neither of my top posts on X are available here. I think they are somewhat related, and portend well for us.

https://x.com/search?q=humanigen&src=typed_query

Gotta go now...Dr appt.

In regards to the RATinG trial, there is a "Planned interim assessment expected in 2024 following treatment of first 20 participants."

https://ir.humanigen.com/English/news/news-details/2023/Humanigen-Announces-First-Participant-Dosed-in-RATinG-Trial-of-Lenzilumab-for-Early-Treatment-of-Acute-Graft-Versus-Host-Disease-Following-Allogeneic-Stem-Cell-Transplantation/default.aspx

This is because it has already been addressed in the combined plan, and approved. They would not reference it again in a notice of appearance...

Currently, the chapter 11 case is considered 'corporate law' and assumes no criminal activity like investment fraud, bankruptcy fraud, fake creditor claim 'FRAUD' . With so much investment fraud, people or crooks might think this is all legal since everybody is doing and getting away with it.
Corporate law is more of civil crimes like contract disputes, patent violations etc. defamation
where as CRIMINAL law is like ROBBERY, and theft where there is intent to steal via fraudulent actions.
The gov't has made many civil actions as felonies like insider trading, front running and has given the SEC a lot POWERS which it should not get or deserve. SEC has abuse it's POWERS that was given to it by the gov't or congress or the politicians or the people but somehow over the years have become corrupt and the SEC is now failed institution like many gov't institutions including congress and the whitehouse or presidents office.
there is no incentive not to commit investment fraud in the exchanges but an incentive to commit investment fraud. only a fool would not commit investment fraud. since they have the protection of the SEC to commit crimes like investment fraud.

Did you notice that Taran doesn't address the covid indication anywhere on their site? Did you also see that I reported Taran was apparently not assigned the covid patents?

https://www.plainsite.org/patents/assignment.html?id=11607371

The covid information I linked was from "An investor's view: Pacific Royalties." The link was provided on Taran's 'The Opportunity' tab.

http://www.pacificroyalties.com/resources/taran-therapeutics/

That Executive Summary from Pacific Royalties also notes that Taran acquired Humanigen's Australian Subsidiary. In addition, the Executive Summary notes that, "When — not if — a new outbreak occurs, Taran will be among the first with the experience and resources to begin addressing that need quickly."

I've been discussing the complex merger activity of Inhibrx, prior to their becoming a subsidiary of Sanofi. I thought we could see similar activity, such as our merging with Humanigen Australia, then into Taran, which could be the end of the merging. However, if we see that Geoff has transferred our shares into either Taran or Humanigen Australia, we could see a forward split of 5:1 declared, and announce a further merger into a new entity co-owned by us and Sanofi and/or Novavax.

Savy, shrewd, and exactly what I would expect from this management team!

These criminals cost the taxpayers money even if they are guilty. death sentence makes sense, these criminals owe a debt to society when they commit crimes against the state.. and cost money to put people in prison like $100,000 /year and in private prisons. so incentive to lock people up when solution is just kill them and stop wasting public money for prisons. Especially for economic crimes, killing them is a better punishment as prison cost taxpayers money

The latest epiq 'BANKRUPTCY' document has two pages of nonsense or legal garbage sentences.

There is no sentence detailing the state of the hamunigen 'shares'
no statement regarding the transfer agent who currently still has the shares in deposit.
no statement saying the shares are 'cancelled'
no statement on what the previous shareholders status is etc
2 pages of useless document saying nothing.
Don't these lawyers know how to write proper English.
The legal profession didn't exist prior to the middle ages.
The legal profession as a profession was mostly about disputes estates. Back then, law was swift and quick, no need for lengthy trials, judgements were don like in martial law. within a month and case closed.
Trump mistreatment of the US judicial system. and the need for legal reform in the country. As the current legal system is enabling crime not preventing crime.

Once again this is great for Tarran they got a bargain and left shareholders empty handed.

Savy, shrewd, and scammy!

"Many public health professionals are convinced that a new serious variant of the original COVID-19 source, will eventually emerge through mutation. By the end of 2023, a total of 772 million people worldwide had contracted COVID and its variants, and a new milestone was passed — 7 million fatalities worldwide (over 1.2 million in the US).

As of this writing (April 2023), people continue to die each day from COVID-19 and its mutations. Source: World Health Organization

Only disciplined application of monoclonal antibody therapies has kept these numbers from being much larger.

When — not if — a new outbreak occurs, Taran will be among the first with the experience and resources to begin addressing that need quickly."

https://www.tarantherapeutics.com/the-opportunity

As an aside, I found this interesting. "In early 2024, Taran acquired the assets of Humanigen, a NASDAQ-listed company, through a bankruptcy sale. These assets included LENZ, which had already been developed at a cost of more than $500 million." This is the second reference I have seen to a number greater than half a billion dollars.

For context: "the possibility of illegal bio-labs springing up across the country, and what could intentionally result from that, is a very, very real threat, and only serves to illustrate the great need we have for products like lenz." (oakhill3)

For context: "the possibility of illegal bio-labs springing up across the country, and what could intentionally result from that, is a very, very real threat, and only serves to illustrate the great need we have for products like lenz. (oakhill3)— Jay Booth (@booth37337) July 21, 2024

eb, you and I know how the market reacted to news of our topline data. I've said several times that I sold shares in the $27 and $29 range on the day of that news, which merely anticipated that the news would garner regulatory authorization.

Now we know that the bankruptcy judge has reason to be assured that lenz will get approved, because of his approval of the amended APA in regards to Milestones.

Further, we see that the Black Horse entities were stuffed full of Humanigen shares, as I thought they would be. And I always believed that these shares were controlled by the company.

So Humanigen, which I think may still own the non-CAR-T patents,* and which also owns the vast majority of the OS, could see a billion dollars+ in profit if they merged before the shares were canceled, whether with Taran, or with the entity leveraging the Sanofi/Novavax co-exclusive licensing and commercialization partnership.

We're seeing cash balances for our zero shares in our Humanigen accounts. I think our shares are just teed-up ahead of our pending merger.

Thank you for your sustained encouragement. I'm so caught-up in the narrative I developed after these years of trying to understand the obstacles management has had to navigate around, that I have no patience for alternative explanations that just don't seem to fit (even if they are somehow right).

*https://www.plainsite.org/patents/assignment.html?id=11607371

lenzi is more like vitamin D type of drugs. people dificient in vitamin D it's not anti-biotic..vaccines don't kill the virus, it's your own bodies T-cells that kill any viral infection with an antidote. people with no vaccine the virus overtakes the body and body is not making the antidote fast enough and patients is over run with virus infection. how lenzi can work. it's like protection against the viral infection making virus slower to spread as lenzi attacks the virus itself. giving your own body the time to make enough antidote. with some virus like corvid, it's too powerful and a person body cannot make enough antidotes fast enough and body is overunned

you know that lenzi was originally a drug for blood cancer. but is note effective in curing any blood cancer nor do a lot of drugs. it may just help prolong the life of a person with blood disorder or blood cancer along with other drugs but not a cure. there is no cure leukumia as far as I know.
you know that a vaccine is not the same as anti-viral drug or anti-biotic
Lenzi is more of a anti-viral drug it doesn't work with vaccine.
A vaccine is not an anti-biotic..only thing a vaccine does is it induces the body to create an ANTIDOTE like when bitten by a snake, you take the antidote which neutralize the venom or virus. or poison. A viral infection is similiar to a poison but much slower process. A Poison is fast death immediately as your body goes crazy and affects your bodies nerves and immune body response.

FDA didn't approve it because it doesn't work in curing blood cancer. it's just reduces inflammation of someone that has a viral infection.how it works. anti-biotics reduces your bodies immune system against virus as anti biotics also kills T-cells in some cases in killing bacteria from what is know about anti biotics, people are weaker when taking anti biotics which reduce white blood cell count. that fight off viral infections. anti biotics don't work in viral infections.. lenzi is more of a anti-biotic or probiotic that of drug. or anti viral drug. it not designed to work with vaccines. but to work with other cocktail of anti-viral drugs like the expensive anti-aids cocktail drugs that has made AID no longer death sentence that was developed in the late 1990's but you have to keep taking the cocktail forever medications the drug have to be in your system with daily consumption.

Don't let them deter you, Jay. Hang in there.

No FDA in the world will ever approve a GSF antagonist that will inherently lower immunity to be co-administered with a vaccine (lenz is given intravenously only, by the way). There are already FDA approved immunomodulators like to tocilizumab and baricitinib to control cytokine storm across many indications (which is part of reason why FDA denied EUA in the first place)

You are living in some weird made up universe. HGEN and Lenz is done. Please get some professional help.

I mention the patented lenz cocktail with the non-mRNA vaccine (so, with the Novavax vaccine in the US), for a couple of reasons. Lenz has the capacity to improve the efficacy of the active treatment ingredient. Secondly, since deaths aren't caused by the virus, but rather by cytokine storm, lenz is the best product there is to control this hyper-inflammatory response.

As far as mentioning lenzilumab and vaccination in the same light, you're apparently ignorant of the patent which does just that.

METHODS FOR TREATING CORONAVIRUS INFECTION AND RESULTING INFLAMMATION-INDUCED LUNG INJURY
Publication number: 20230109208
Abstract: The present invention provides methods for treating a subject infected with 2019 coronavirus (SARS-CoV-2) comprising administering to the subject a therapeutically effective amount of a GM-CSF antagonist or a therapeutically effective amount of a GM-CSF antagonist and a second drug, including an anti-viral agent, an anti-SARS-CoV-2 vaccine, and serum containing human polyclonal antibodies to SARS-CoV-2.
Type: Application
Filed: March 8, 2021
Publication date: April 6, 2023
Applicant: HUMANIGEN, INC.
Inventors: Cameron DURRANT, Dale CHAPPELL

By the way, note the publication date of May 16, 2024, for Humanigen's patent regarding MATERIALS AND METHODS FOR TREATING CANCER.

MATERIALS AND METHODS FOR TREATING CANCER
Publication number: 20240158467
Abstract: This document provides methods and materials involved in treating cancer. For example, chimeric antigen receptor T cells having reduced levels of GM-CSF are provided. Also provided as methods for making and using chimeric antigen receptor T cells having reduced levels of GM-CSF.
Type: Application
Filed: March 15, 2022
Publication date: May 16, 2024
Applicants: HUMANIGEN, INC., MAYO FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH
Inventors: Cameron DURRANT, Dale CHAPPELL, Saad J. KENDERIAN, Michelle J. COX, Reona SAKEMURA

https://patents.justia.com/assignee/humanigen-inc

I also think Cameron is complicit and shares fault with Dale with the exception that he did not profit from the withholding of FDA recommendation not to pursue EUA. If he had done what Dale did by submitting lower limit orders to sell shares and avoid losses by unloading millions in stock sales, he would also be under SEC's crosshairs.

They should have done what the CFO suggested which is disclose that info so all shareholders so we could make decisions on equal footing as Dale. That's why Cameron will never answer anyone's email and by doing so acknowledge the loss shareholders experienced. I know at least one in stock twits board who was on verge of suicide after losing everything while Dale got out with profits. They allowed ample time for Dale to make his sales while shareholders were in limbo waiting for FDA rejection that will surely come.

And no, Cameron will not issue you 5 shares of Taran for every share of HGEN out of the goodness of his heart. LOL

I think when someone mentions lenzilumab and vaccination in same light, it’s clear they’re not in the medical field. It’s either wild conjecture or just trolling. I find the occasional allusion to references and hgen related news useful but I find it entertaining at least somewhat. I just hope it doesn’t give some false hope to some, as the only hope left is the eviceration by SEC of the ill-gotten profits Dale made through insider trading. Even if shareholders don’t end up getting disbursed, it’s justice nonetheless for me anyway.

"ArriVent Announces a Multi-Target ADC Collaboration with Alphamab
June 5, 2024"

https://ir.arrivent.com/news-releases/news-release-details/arrivent-announces-multi-target-adc-collaboration-alphamab

I wonder if former Board Member John Hohneker will facilitate the evaluation of Ifab as an ADC by ArriVent, where he is now on their Board. Management wants to use Ifab as an ADC, and ArriVent wants to develop new ADC candidates, so we could have a match. In fact, we already have promising clinical data regarding the use of Ifab to treat Glioblastoma multiforme (GBM), as I recall.

I'm also looking forward to hearing that another former Board Member, Kevin Xie, introduced the use of lenz in the greatly enhanced CAR-T platform used by Gracell, which has now become a subsidiary of AstraZeneca, where there are other applications for lenz and Ifab.

I'll continue to do as I have been doing, which is expressing my opinion, along with the reasons I have for forming my opinions. That's the whole purpose for stock message boards, such as this.

The last thing I want to do is to disparage a management team that doesn't deserve that, especially when I truly believe they are working hard us.

I think Geoff took care of getting the HGEN shares, owned by Black Horse, converted to Taran. The Liquidating Trustee likely completed that process, along with the IP assignment for patents that were not already transferred to Taran.

If this were true it would have been in the Combined Plan in at least one of the many iterations that were submitted. But it wasn't.

When we stop bending words, every single thing we know as fact says you are just incorrect. I understand your hope, but please stop misleading people with untrue snippets of information.

Your $200 price target is worth nothing. Put the crack pipe down and realize our investment is worth ZERO

I think the ground work with Novavax and Sanofi is largely completed. I was a little worried when Filip's wife retired, and decided it was time for them to see the world and enjoy life. But none of Novavax's patents were for inventions by Filip. I think he was crucial to incorporating our lenz vaccine cocktail into their operation, but that was from the standpoint of his position as the President of Research and Development. Besides, he can enjoy life with his wife, and still help to integrate operations with Sanofi. He's been contributing remotely already, anyway.

But, that brings up the question of Humanigen's other patents for applications that were invented by Dale and Durrant. As I said earlier, I think Taran was only assigned three or four of Humanigen's patents, and they were all for CAR-T. I think Geoff took care of getting the HGEN shares, owned by Black Horse, converted to Taran. The Liquidating Trustee likely completed that process, along with the IP assignment for patents that were not already transferred to Taran. Whether this was done via a buyout, or via a merger, remains to be seen. Either way, it reunites our IP with our shares.

So, the above reflects my thoughts on issues that may be developing. I have more confidence in these developments, than I have in accepting that I have monetary value in my account, based on zero shares.

I’m showing a value in my account for my worthless shares, that value I assume is based on the last quoted price of just over a penny before it got kicked to the EM.

Your tenacity is great Jay and has given me hope for a rabbit trick, unfortunately they took everything and ran, I don’t see a rabbit in this hat. Good luck to you and your health.

If Lenz was actually worth more than $2million Durrant paid for it, logic says others would have gotten involved seeing it was being sold for next to nothing.

Nobody wanted it, Durrant basically absconded with it, Dale took our money.

What’s 5x0? It’s over J, common shareholders have nothing.

The corrupt judicial system in US was not always like this. over the years with cops, judges, and lawyers who are addicted to drugs. they take bribes for the money and cannot say no to drugs, mansions and cars. and since everybody is corrupt and doing crime. it's normal now. Look at Trump guilliani, and so many people who got screwed by the gov't or state. for political persecution. abusing the judicial system or corrupt judicial system. Like in Mexico, it becomes a failed state....when institutions no longer work or functioning. as it should. The justice dept unable to carry out justice or enforce justice. that is failed state. too much crime. overload. only 3% of crimes are solved kind of situation. or rampant stock fraud in the exchanges so SEC is failed institution.

What we have is bankruptcy fraud. not stock fraud.
What is bankruptcy fraud.
declaring bankruptcy intentionally to embezzle assets and not repay creditors. or lawsuits. like guilliani but his debts are too high, there is no way he can repay his debts. as the debt was FAKE and bogus and unfair. The creditor committee is controlled by humanigen lawyers and Taran. the amounts they claim to be owed are fake. humanigen don't owe them anything. it's the Court, Judge, and lawyers in this show that is 'CONTEMPT of JUSTICE...'

SEC still have no prosecuted a stock pump and dump case from 2014? what kind of justice is that? and the guy appeals and SEC wants 18 million from the man. All his vicitims he alledgedly ripped off is dead and won't get a dime but SEC want a cut of the 'alledged' ill gotten gain.
SEC wants to sue Dale for his money. SEC has confiscated and stolen so much money it has over 1 billion in the SEC bank account. that is more money that the futures on the table. You know it's corrupt, when crooks or corrupt SEC guys are stealing the SEC bank money and embezzling the money to themselves. over 100 million of the SEC cookie jar been paid to some 'confidential' person for whistleblowing, the public has no idea who got paid, just the money was wired out of the SEC bank account.

So you think a US BLA or regulatory approval, either domestically or internationally, which is required to activate a Milestone Event, is only worth pennies on the amount owed to Unsecured Creditors?

You've incorrectly merged multiple facts into one. I did not say that the milestones will pay off creditors in pennies on the dollar. I said the difference of keeping this CH11 and not 7 is fractions of a percent, aka pennies on the dollar. The whole process of not switching to 7 is cost of doing so, and the fact they structured the liquidation so creditors get at minimum what they would have in 7+ that fractional extra. I'm not sure why you believe the milestones will somehow equate to half a billion dollars to miraculously breathe life into a company that doesn't legally exist.

Just do the math they wrote in the docket for you.

I'm waiting to see if I end up with 5X the number of HGEN shares that I had. I'd like that, and I think Sanofi would like that, too.

Guy we're done, shares dissolved, asset sold to a private company. Wake up. Also how many shares did you have and at what average?

"As for the milestones, again, they are simply to pay off those creditors. Nothing more nothing less."

Nothing more?

So you think a US BLA or regulatory approval, either domestically or internationally, which is required to activate a Milestone Event, is only worth pennies on the amount owed to Unsecured Creditors?

Were you holding shares when our successful topline data was released from the LIVE-AIR trial? Even using your estimate of the company holding only 65% of the shares they issued, that could come to a whole lot of limbo moolah.

I'm sorry but this is categorically false.

The statement you reference is simply in regard to CH11 obligations and paying off creditors. This is based on the fact that creditors will receive slightly more than they would had the company gone CH7. We're talking fractions of a percent, because that's all there is to offer. No further restructure needed is quite literally saying they won't be restructuring because they will not exist.

As for the milestones, again, they are simply to pay off those creditors. Nothing more nothing less.

Quite the opposite of your mention of "any financial recovery will be far greater than...", the recovery will be nowhere close to paying off creditors (whether it's real debt or not is another story). Not to mention, if they did somehow manage to pay off creditors it wouldn't matter as the company does not exist, and thus cannot be a debt free company.

It's repeated over 50 times in dockets I have linked and others in the epiq archive. No payout to shareholders is expected.

If your belief is so staunch that Taran is somehow magically pulling the whool over the eyes of the judge with clever phrasing, then why not believe what they wrote plain as day?

I more than anyone feel your pain in this Jay, but incorrectly identifying loopholes that aren't real is not some light at the end of the tunnel.

I stand with you on the benefits of Lenz, the potential lives saved, the money saved, the vast applications, even the trial results. But, we aren't talking about if the drug is good or not, we're talking about bankruptcy - and in this one we got bonked over the head.

There are no employees, the company is no longer in existence per the court, the shares have been deleted, the assets have been sold. No amount of belief or positive thinking can change that unfortunately.

Besides....email Durant and ask him yourself, then share the response with us. I all but listed his email in a previous post.

Actually, my price is $200.

If Taran bought or merged with us then your short squeeze to $100 never happened

I was getting around to this subject in a previous post.

""...the Debtor believes all chapter 11 plan obligations will be satisfied without the need for further reorganization of the Debtor. "

I can't reconcile the Debtor's statement, that all CH11 obligations will be satisfied, with your opinions that shareholders will be screwed. This is especially true since the Asset Purchase Agreement was amended to increase the number of Milestone Events, and also increase the amount of the payments for each Milestone Event. And we know that a US BLA, or regulatory approval from any of a number of foreign governments, are REQUIRED to reach a Milestone Event. For you guys to be correct about shareholders getting screwed, then the value from reaching the Milestone Events could not exceed the amount due to Unsecured Creditors. That will not happen, any financial recovery will be far greater than the amount owed to Unsecured Creditors."

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174714874

I think, rather than to believe that a debt-free company can go bankrupt, which Humanigen would be if a Milestone Event was reached, it's more likely that Taran either bought us out, or merged with us, before the shares were canceled.

With the shares canceled where will the milestones payments for Humanigen go?

I have referenced this already. The value you are looking at in your account is nothing more than the limbo we find ourselves in waiting for the liquidation to complete. The shares have in fact been deleted, this is not disputable. You can't sell them, you can't trade them, you can't get certificates for them - because they do not exist.

What is disputable is whether or not the previously existing shares will have liquidity value upon the total liquidation of Humanigens assets in the process of paying off creditors.

Jay, if you consider 6 cents as monetary value, we can’t help you. May have been monetary value in 1936 when you were able to get a tootsie roll as a wee lad.

"What that means is that those shares were transferred to the Receiver of the Black Horse entities' assets, before they were canceled."

Is that why our non-existent, kaput, gone forever and ever, Amen, shares, reflect a monetary value in our account balances?

I just look at nefarious intent through a different lens. I've done so since college, about 40 years ago, and the last half of those years were focused here and on one prior company.

I've shown the publications from Dale in the late 1990's, when he was a Howard Hughes Medical Institute fellow at the National Cancer Institute, where he studied tumor immunology and published in the field of T-cell therapy, immunology pathways, and granulocyte-macrophage colony-stimulating factor (“GM-CSF”), an immune system protein that initiates the cytokine storm that can occur in COVID-19. Here's a link once again to his co-publications.

https://www.researchgate.net/scientific-contributions/Dale-B-Chappell-33729906

Fast forward to the arrival of covid.

"Chappell’s world may seem remote from the COVID-19 units where some of his medical school classmates now struggle through harrowing days and nights. But with the advent of COVID-19, his path and theirs have converged: he is helping oversee (and fund) trials of a drug that may protect coronavirus patients from “cytokine storm” that can make the illness dire.

In some patients, cytokine signaling proteins that activate immunity go on overdrive, and the immune system goes haywire. The massive inflammation that results damages lungs and other organs. Patients need help breathing, and often they die.

Chappell’s fund, Black Horse Capital Advisors, has invested in a drug that appears to interrupt cytokine overproduction. Called lenzilumab (or “lenz”), the drug did well in a small case-control trial this spring. Twelve patients who were given lenz improved more quickly than did 27 controls. No one suffered a serious adverse effect...

Lenz has a three-year head start: with financing from Chappell’s fund, Humanigen had already explored its ability to prevent cytokine storm in organ transplant patients and in patients with refractory leukemia and lymphoma. Doctors now urgently need such a drug for a hugely expanded pool—people worldwide stricken by the novel coronavirus. Since February, says Chappell, “It’s been a lot of very early mornings and very late nights.”

https://dartmed.dartmouth.edu/2020/10/20/dale-chappell-med-99-mba/

The SEC and the health regulators may indeed be the winner here. They abuse their discretionary authority. The SEC is chartered to return disgorged money to the investors from whom it was stolen. But they don't. They transfer those funds to the US Treasury Dept. Shareholders, and their victimized companies, have their investment money stolen again, by the US government. And in this case...

that means millions people of people have, or will, suffer preventable deaths, either from covid, or covid-related indications, or covid vaccine-related indications. MILLIONS OF PEOPLE suffering preventable deaths, basically at the hands of unelected bureaucrats. Do you think any single one of them know more about lenzilumab's role in preventing cytokine storm, than our doctor/MBA management team?

I think, as do some researchers like Geert Vanden Bossche, that the worst of the pandemic is yet to come. See The_Inescapable_Immune_Escape_Pandemic.

Right or wrong, we need to be prepared. And right or wrong about a highly virulent form of the covid virus becoming a reality, we have got to rescind the discretionary authority of our government agencies, who play a large role in our pandemic history, as well as in the future we may very well face.

You can focus blame wherever you want, even if it is on the company and the management team that may well prove to be our salvation. But I'll continue to focus on reigning-in the rogue elements embedded in our government agencies, and I'll look forward to seeing them suffer the consequences of their corruption. After all, millions of lives hang in the balance.

Like the people who complain the cops or tips on gangs. the cops will leak your info to the gangsters. and have you killed like the SEC, instead of getting a reward for reporting crime to the police or SEC, you will get punished for complaining to the cops about CRIME.