Humanigen Inc (HGENQ)

[cowtown jay]

That's true, but not in the way you think it is.

Just yesterday, I questioned if the Appeal filed by Dale was in regards to, "... a conversion of investors' funds by the SEC once again? Did Humanigen have funds in an entity that was convicted by the SEC, with the disgorged funds transferred to the US Treasury Department, instead of being returned to injured investors, such as Dale's entities? Is it to be expected that Dale is the type of person that would file an Appeal, seeking to recover the funds that rightfully belong to his investors, including Humanigen, that the SEC obtained?"

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173549519

The SEC concludes, in their Mission Statement:

"As we continue to monitor the activities of more than 28,000 entities in the securities industry, we remain dedicated to the interests of long-term investors who are entrusting their hard-earned savings?to our securities markets?to fund home purchases, college educations, and other important life events."

https://www.sec.gov/about/mission

In reality, and as I saw that they did in the case I think Dale is Appealing, the SEC does not routinely return disgorged funds to injured investors. Instead, they may choose to transfer money recovered in these cases to the US Treasury. So they take money they have recovered that was stolen from us, and they steal it themselves.

I think oral arguments are scheduled on the 16th for Dale's case. I hope he recovers our funds, and that we can use that money to avoid the continuance of the bankruptcy filed today.