Humanigen Inc (HGENQ)

[10nisman]

Compelling evidence that management was expecting approval is shown by the fact that Humanigen did not sell a single share of what they had available to sell by resuming the ATM, until after we were Declined. But being deprived of a revenue source, they were forced to dilute us for less than half of the proceeds they would have generated if they had sold shares before the EUA Decline."

An obvious sign of an incompetent Management team...

And I hope that the company will not have to sell all of the remaining $33.5M worth of stock. That will depend on how much revenue is being generated through Clinigen.

Good luck with that. Clinigan isn't generating revenues and the Company continues to sell shares.

Merry Christmas, CJ.