Humanigen Inc (fka HGENQ)

[cowtown jay]

I think we may have been downgraded from Pink Current to Pink Limited.

"Pink Market Tiers: Current and Limited

Within the Pink market exist tiers. Companies that fully abide by the disclosure rules are dubbed "current," whereas those who do the bare minimum under Rule 15c2-11 and are perhaps late with filings are downgraded to the “Pink Limited” market tier.

Pink Limited is essentially a demotion from the Pink current status for those who don't fully abide by Rule 15c2-11. That demotion can lead to restrictions and is generally less favorable.

When a company no longer meets the requirements for limited information, it will be moved to the Expert Market, where there are no public broker-dealer quotations."

https://www.investopedia.com/terms/p/pinksheets.asp

I entered a small sell order to see how that possible demotion affected trading, and it appeared to have no affect at all.

But it seems that a brokerage with significant short exposure could have hell in the event of a recall of loaned shares.

This is beyond my pay grade. It's a whole new chapter in the playbook for me to witness.