Humanigen Inc (HGENQ)

[cowtown jay]

I used to do one of your "PIT" maneuvers almost everyday here, until the MM's cut our daily price range in half. And the share price appreciation after that made continuing that pattern impractical for a small shareholder like me. But I can still look for those opportunities with the low-priced IPIX and RLFTF shares I have. It's just that those are both parked at resistance levels, and not moving much.

I have a feeling of almost certainty that we are going to exhaust the remaining shares we can sell with our open shelf registration. Do you realize the company may only have aout $10M to cover operating expenses for this year? The 8-K this morning indicates that management may need to spend about $58 of the $68 million they have currently, on inventory and other commercialization efforts.

https://www.sec.gov/Archives/edgar/data/1293310/000121465921000716/d1222118k.htm