Replies to post #37554 on Humanigen Inc (HGENQ)

[cowtown jay]

"I don't think the company intended to sell shares after April 5, 2021."

They paused the Controlled Equity Offering on that date.

"Our OS should not have exceeded the 62,376,876 share level we had after pausing the controlled equity offering, and concluding our 5M share public offering, if our EUA was approved, and we were generating revenue.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169675432&txt2find=resumed%20controlled%20equity%20offering

There was no reason to delay the EUA. The FDA knew they could not justify denying the EUA, and they didn't. They used their newly-created, self-authorized power to Decline to make a decision.

So our hopes were pinned to the ACTIV-5 trial outcome, which turned out to prove what I had been saying all along about that trial. It was simply a way to commandeer our company-sponsored trial, and make it dependent on the government-sponsored trial, which was designed to fail.

People died because of this, Yoo, and there are still preventable deaths occurring everyday because lenz has yet to be approved.

In addition, I was right about the design of the share structure. It is fulfilling its purpose, and people don't even see it. But you will.