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cowtown jay

06/19/24 11:27 AM

#42699 RE: SorcererGuru44 #42698

Thank you very much for providing that information, which did include Board of Director fees for Cheryl and all of the other Board members. But that is not the document I was looking for. I'll post it, when I see it again.

I don't think there is necessarily anything adversarial involved. I did, initially. But Kevin Xie probably coordinated the integration of lenz into the highly enhanced CAR-T platform used by Gracell, and I suspect they are paying license fees to us. I think the BOD resignations were scripted, and designed to disqualify us from NASDAQ. It was in the KBIO playbook.

The recall of my car, which has now been at the dealership for about a month, is going to cost me thousands to repair, and I need good financial news, not more of the same surprises I've been dealing with.
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US-JUSTICE

06/19/24 11:50 AM

#42700 RE: SorcererGuru44 #42698

Before chapter 11 bankruptcy law after the great depression was to preserve companies from dissolving and shutting down.
Bankruptcy court is mostly to determine if it is 'valid' bankruptcy to not repay debts.
you notice hgenq has NO bank loans as no bank would lend money to this company. the company like most startups if they need money can sell equity, as there is no need to get bank loan as most banks want collateral. or personal gaurantees on loans. because hgenq is a LLC, any debts incurred, owners of the company are not liable for it. even lawsuits against the individuals can only be criminal charges rather than business. if criminal conduct was involved but debts incurred by the company, etc owners of the corporation are not liable.