Humanigen Inc (fka HGENQ)

[shajandr]

OUCH! HGEN issues MORE TOXIC CONvertible debt per the aftermarket 8-K. Blackhorse keeps chasing their losses, as the pile of CONvertible debt grows and grows in this pennyscam turdstock.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

Commencing September 19, 2018, Humanigen, Inc. (the “Company”) delivered a series of convertible promissory notes (the “Notes”) evidencing an aggregate of $2.5 million of loans made to the Company by six different lenders, including an affiliate of Black Horse Capital, L.P., the Company’s controlling stockholder.