Humanigen Inc (HGENQ)

[cowtown jay]

I think this may answer the question, "What are frenemies for?" Drive the target's stock price down, cause the company to be snowballed with litigation, then present a lowball offer that many shareholders will want the company to accept.

The best thing management did, after the successful Phase III, was to secure our intellectual property.

The reason we have such a high float is the biggest question I wonder about. When you take Durrant's comments about a partnership as something to remember from his last presentation, having so much liquidity is a potential positive. But that is if the company and insiders have a majority beneficial ownership of the shares. In support of that possibility is paying off the Hercules loan.

If we have maintained controlling interest, we'll be fine.