Humanigen Inc (HGENQ)

[Corundum]

New 8K David Tousley resigns due to health reasons and Dr. Chapell joins board. Never good to have accounting officer resign, but probably not an issue in this case. Maybe someone was not happy with the way the $100 million is depressing the stock price.


Dr. Chapell was made a director but also stays as Chief Scientific Officer. Most of you know that Dr. Chapell also is a major investor and represents other investors in HGEN.

"On February 3, 2021, David L. Tousley notified the Company of his resignation as the Company’s Chief Accounting and Administrative Officer,Corporate Secretary and Treasurer. Mr. Tousley’s resignation will become effective (the “Effective Date”) on the later of March 5, 2021 or the date that the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 is substantially ready to be filed with the Securities and Exchange Commission.Mr. Tousley’s decision was based on personal health reasons and was not due to any disagreement with the Company on any matter relating to its operations,policies or practices.

Mr. Tousley’s responsibilities will be assumed by Timothy Morris, the Company’s Chief Operating and Financial Officer, upon Mr. Tousley’s Effective