Helicos Biosciences Corporation (fka HLCSQ)

[47100Ugo]

Hello High5. I noticed on the BK petition each of the founding VC's have given up 5.35 million of their shares from the April17 2012 10K/A filing. That works out to 24.57% of the outstanding (87,033,038. Shares were not canceled and the filing was certified by Jeff Moore.
Why Steven Chu ? He was on th scientific advisory board due to his past at Stanfors with Steve Quake. This from Wikipedia

While at Stanford, Chu's research interests expanded into biological physics and polymer physics at the single molecular level. In the field of biological physics, he studied enzyme activity and protein and RNA folding using techniques such as fluorescence resonance energy transfer, atomic force microscopy, and optical tweezers. Chu's research in polymer physics made use of individual molecules of DNA to study polymer dynamics and phase transitions associated with these dynamics. He further continued his research in atomic physics as well, developing new methods of laser cooling and trapping.[18]

Depends on your source. Could be just a tout to help the short sellers build their positions. Cheers