Humanigen Inc (HGENQ)

[shajandr]

The shareholder class action lawsuits will sink whatever is left of KBIO. Watch them tumble in. Saw the same thing with FNRG when the FBI arrested the chairman, Richard St. Julien, on securities fraud charges.

KBIO will wind up like FNRG (an exchange-traded listed stock at the time of the arrest) - dead. Killed by a deluge of lawsuits.

The investor losses here will totally swamp any amount of D&O insurance coverage and the entire asset base of the company. It will be forced into bankruptcy, and the assets sold off to pay creditors and the legal settlements/judgments.

This pig stock is now officially proclaimed DEAD.

It will trade for awhile, like FNRG, butt it's on the black diamond downhill slope now and gravity is unforgiving.

I could just do a search-and-replace on the company name for my earlier posts:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=112891155

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113223965