Humanigen Inc (fka HGENQ)

[InfinitePhoenix4]

The document you posted does not lead to that conclusion . How did you interpret that data as saying that they still owe $385k? The DIP loan gets converted to a consideration against the APA . So the $2 million was available to settle debts . All post petition debts would also get discharged , if they are not new liabilities and are merely resubmission of claims, Question was, what is the amount of cash on hand, that the company will have after discharging all debts? Is that 0? That is the only asset they will have .

It goes back to the question that Jay had? Why was the filing not converted into chapter 7 ? That’s something I am curious about . What’s the revival plan ? Does the company have employees left ? If it does not what happens next ?