Humanigen Inc (fka HGENQ)

[cowtown jay]

I think the company is trying to increase the float and improve liquidity, while at the same time, now, trying to minimize the damage to existing retail shareholders.

That's a noble gesture, if that is what we are seeing. For that reason, I increased the amount I am willing to pay to add to my position. So that is my bid on the line at $4.51. I should have joined drifter yesterday at $4.45. LOL!

I don't know who has filed the 15c2-11's for us. I know we have to have at least two market makers to uplist, and it may even be three. But I suspect that the company is working with the market makers to get more shares into the market without us just getting pounded with lower stock prices.

If you want to know more about 15c2-11, you can read up on it here:

http://www.legalandcompliance.com/securities-law/15c2-11-application/