Humanigen Inc (HGENQ)

[cowtown jay]

To me, part of the reason for investing here has always been a stock play, such they executed previously DBA Kalobios. Does this sound familiar?

"KaloBios has been surging since Shkreli bought a 70% stake in the company earlier in November, rescuing it from insolvency. The company had announced just a week earlier that it was winding down operations because it was running out of cash while developing two potential cancer drugs."

https://www.marketwatch.com/story/kalobios-short-sellers-facing-squeeze-as-ceo-shkreli-says-will-no-longer-lend-stock-2015-11-27

alternate source:
https://moxreports.com/kbio-infinity-squeeze/

I have seen no reason to think that the company will not achieve certain strategic objectives, associated with Australian regulatory approval to treat CMML, perhaps with the addition of Filip Dubovsky to work with our new entity and with the Sanofi spin-off. I also believe Humanigen may control ~90% of their Outstanding Shares.

But to be sure, we appear to be in a precarious situation. However, I just don't believe that we are. I will believe that until management tells us differently.