Humanigen Inc (HGENQ)

[ArcherNebula411]

Starstone seeking releif and actually paid $5 million management insurance policy and now full paid out. Supposedly, the $3 million is in some Law firms escrow account. Likely they deny all claims from shareholders who send in the claims as there is no way to confirm who bought it. and how gets first . it's like 100 people want 20 million in claims but only 1.5 million after legal fees. Now how they confirm who and how it gets paid is another question. so $2 million has been advance to humanigen and maybe that is where Taran go the 2 million to bid for the assets. I don't see any $2 million payment from starstone in humanigen balance sheets. Either way Humanigen doesn't look like there is any insurance payment, no revenues. and case closing soon. For 2 million in legal fees, humanigen shareholders didn't even get bone. Why bother with chapter 11 and spend $2 million in legal fees. Only reason was to close the case clean. and walk fee. No person would spend this kind of money in legal fees over 1 million to declare bankruptycy sold assets for free and still owe money.