Humanigen Inc (HGEN) News

"However, there are situations where identifying the injured shareholders is too difficult or the cost of distributing the funds is too high, in which case the money may go to the U.S. Treasury instead"

A listing of the Non-Objecting and the Objecting (NOBO and OBO) shareholders is a required filing in a bankruptcy initiation. The bankruptcy judge and the bankruptcy trustee in the SpongeTech case recognized the extreme naked short position in that company, and the judge waived the requirement to identify the victim shareholders.

Shareholders were granted the authority to subpoena the market participants for the NOBO and OBO lists, and related ownership records, to include the Electronic Blue Sheets from FINRA. There's no such thing as too much naked shorting to identify the victims.

In fact, the DOJ subsequently filed suit in the criminal court to have the company's shares forfeited to them. I Objected, and argued that if the DOJ could identify company-controlled shares they wanted forfeited to them, they could also identify shares held by injured investors. The criminal court judge sat on my Objection until the criminal court case against management was concluded, at which time she also denied to hear my Objection.

Criminal court Judge Denise Cote, on the other hand, filed contempt of court charges against the eight, or so, defendants in her SEC v Cavanagh case, after I notified her of the presence of those defendants in the SpongeTech case, despite her bar against them. I am very impressed with Judge Cote.

You provided, "When it comes to disgorgement—the process of forcing wrongdoers to give up their ill-gotten gains—courts often allow the SEC to seek this remedy, and in many cases, the money is returned to harmed investors. However, it is not always the case...Each case varies, but in general, the courts aim to return funds to the victims if possible."

I would like to know how often disgorged money is returned to injured investors, instead of being stolen from shareholders a second time, this being done by the government.

I am very glad that we had Judge Shannon for our bankruptcy court proceeding. I'm not impressed with whoever the District Court judge was, and I can only hope for the best from the Appeals Court judges.

Better send another letter to STEVE MNUNCHIN. 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Your absurd posts --------> 🚽

Much to the possibly pending chagrin of the class action lawyers, and contrary to the judges' conclusions in the District and Appeals Courts, the FDA's input was just the opposite of being "material." In fact, it is the FDA who has misled the courts, not management.

If you want to imagine a situation in which there is, "...a 100% cancer curing treatment," consider the findings of the PREACH-M study.

"PREACH-M trial: Lenzilumab may improve treatment response in chronic myelomonocytic leukemia...

These results suggest lenzilumab may normalize hematologic and inflammatory aberrations in CMML and improve the condition of participants."

https://www.news-medical.net/news/20230609/PREACH-M-trial-Lenzilumab-may-improve-treatment-response-in-chronic-myelomonocytic-leukemia.aspx

So the FDA's withholding of the beneficial impact of lenz, in both the PREACH-M and the LIVE-AIR trials, demonstrates it is they who are acting in bad faith...and permitting the continued preventable deaths, with the only justification for this criminal/willful negligence being the designed-to-fail ACTIV-5 government-sponsored trial of late stage patients on hospital ordinal scales 6 and 7, which exceed the disease severity levels established in the LIVE-AIR company-sponsored trial.

Are medical doctors expected to accept the criminal/willful negligence of the FDA, and watch the significant covid, covid-vaccine related, and excess deaths continue unabated everyday in this country? How about in other countries?

Remove the fact that you love the end product and the test results from the equation for a moment.

Dale acted on insider information and misled investors. Period.

I could invent a 100% cancer curing treatment, but if I withhold information from investors and act on that information in bad faith at the same time it would still be an issue.

I'm not really sure what you aren't getting.

"8-fold improvement in the treatment outcome of Black and African-American patients, as well as an 8-fold improvement in the treatment outcome for all patients who were in the 1st quartile of CRP levels."

"Results from an exploratory analysis of the LIVE-AIR trial also suggested that Black and African American patients with baseline level CRP <150 mg/L may exhibit the greatest response to lenzilumab, with a nearly 9-fold increase in the likelihood of SWOV (Survival Without Ventilation)."

https://www.medrxiv.org/content/10.1101/2022.02.11.22270859v1.full

"Exploratory analysis for the effect of lenzilumab on SWOV was conducted by the CRP baseline quartile. Response to lenzilumab was observed in the first through third quartiles of baseline CRP with the greatest lenzilumab treatment effect observed in the first quartile (CRP <41 mg/L; HR: 8.20; 95% CI 1.74 to 38.69; p=0.0079)"

https://thorax.bmj.com/content/78/6/606

The phenomenal results shown above were from early-stage patients, ~60% of whom were on room air, and were in hospital ordinal scale 4. The FDA excluded this patient population in their ACTIV-5 trial, and included late-stage patients in ordinal scales 6 and 7.

The FDA would not have material input into issues not reflective of the "product trials/reviews." What "actual facts" are you referencing in this sealed case?

Was that conclusion based on the Lancet and Thorax peer reviews, as reported by the Mayo Clinic's lead investigator in the LIVE-AIR trial, who also took the lead in the establishment of using CRP as a biomarker?
No. It was based on the actual facts of the legal case against Dale and not product trials/reviews. This is why I keep saying you have a serious inability to separate the two concepts.

"The court concluded that the FDA's feedback was material..."

LOL!!

Was that conclusion based on the Lancet and Thorax peer reviews, as reported by the Mayo Clinic's lead investigator in the LIVE-AIR trial, who also took the lead in the establishment of using CRP as a biomarker?

Maybe we'll find out more about the FDA's role once the case is unsealed. Maybe it will become evident that lenz showed an 8-fold improvement in the treatment outcome of Black and African-American patients, as well as an 8-fold improvement in the treatment outcome for all patients who were in the 1st quartile of CRP levels.

The Third Circuit affirmed the District Court's decision. It found that the SEC had shown a likelihood of success on its claim that Chappell violated insider trading laws. The court concluded that the FDA's feedback was material and that Chappell had the necessary mindset to commit fraud. The court also found that the preliminary injunction factors, including irreparable harm, balance of equities, and public interest, supported the injunction. The court noted that without the injunction,[color=red][/color] there was a substantial potential injury to Humanigen shareholders [color=red][/color]if Chappell was able to move assets out of reach of future judgment creditors

Q: Is there any precedence where SEC won against a insider trading allegation against director of a company. Did they keep disgorged ill-gotten gains or return to injured shareholders?
A: Yes, the SEC has successfully pursued insider trading allegations against corporate directors in the past. When it comes to disgorgement—the process of forcing wrongdoers to give up their ill-gotten gains—courts often allow the SEC to seek this remedy, and in many cases, the money is returned to harmed investors. However, it is not always the case.

The key precedent-setting case *Liu v. SEC* (2020) established that the SEC can only seek disgorgement in amounts that do not exceed a defendant's net profits, and the disgorged funds should be returned to the victims, not kept by the government. Following this ruling, courts have been working to ensure that disgorgement is indeed distributed to harmed investors whenever feasible. For example, in the case *SEC v. Blackburn* (2021), the court affirmed that disgorgement was used appropriately when it was returned to victims rather than going to the U.S. Treasury.

However, there are situations where identifying the injured shareholders is too difficult or the cost of distributing the funds is too high, in which case the money may go to the U.S. Treasury instead [oai_citation:2,SEC Disgorgement: Who Gets the Money? | News & Resources | Dorsey](https://www.dorsey.com/newsresources/publications/client-alerts/2020/03/sec-disgorgement) [oai_citation:1,Fifth Circuit: SEC's Plan for Distributing Disgorged Amounts to Investors Satisfies Liu | Insights | Holland & Knight](https://www.hklaw.com/en/insights/publications/2021/10/fifth-circuit-secs-plan-for-distributing-disgorged-amounts).

Each case varies, but in general, the courts aim to return funds to the victims if possible.

The FDA, NIAID, the NIH, the SEC, etc., have met their match, bencozey. The same is true for their Big Pharma partners, and those who bet against our success. Truth is going to prevail. I can only hope that this leads to rescinding the discretionary authority embedded in the offices of unelected government bureaucrats. But I am least more confident that investors will see the benefit of an even bigger short squeeze than we saw previously. Management was smart in the way they designed their share structure. They were able to see the potential in lenzilumab, and leveraged that with a number of biotech firms, which may include Sanofi, Novavax, AstraZeneca, and Alphamab. I also think research entities such as Mayo Clinic, IMPACT, and the European Hematology Association are advancing lenz and ifab in CAR-T, CMML, and aGvHD.

We were very fortunate to have had Judge Brendan Shannon hear our bankruptcy case in Delaware. His approval of our amended Asset Purchase Agreement was a clear signal to me that management successfully proved their case, and I look forward to our restructuring.

Both of them are punk ass bitches for raping shareholders while they collected millions by selling stock

I'd like a lot more than 10 minutes with both of them. I'd like to see what their beautiful minds can accomplish in addressing mitochondrial issues, especially in adults. Here's an AI-generated synopsis of the disease.

"AI Overview
Learn more
…
Mitochondrial disease can affect adults in a number of ways, including:
Progressive
The disease can progress slowly, making it more difficult to do everyday activities as people get older.
Multisystem
The disease can affect multiple systems in the body, even if symptoms are mainly in one organ system.
Subtle
Adult-onset mitochondrial disease can present in subtle ways, or it can be recognized later in life after symptoms were present in childhood.
Neurological
Neurological manifestations are the most common presentation in adults with mitochondrial disease.
Muscle weakness
Mitochondrial myopathies can cause muscle weakness in the face, neck, arms, and legs.
Exercise intolerance
People with mitochondrial disease may experience unusual feelings of exhaustion after physical exertion.
Progressive external ophthalmoplegia (PEO)
This condition can cause the muscles that control eye and eyelid movements to become paralyzed.
There is no cure for mitochondrial disease, but treatments can help manage symptoms and slow down the disease. Treatments may include physical therapy, vitamins and supplements, special diets, and medicines.

https://www.google.com/search?q=mitochondrial+disease+in+adults&sca_esv=89b9e73d172150e9&sca_upv=1&sxsrf=ADLYWIJ0cTFdrS15syndXqt_7AVDZ3-Oxw%3A1727009912745&ei=eBTwZpeULbbckPIPiLe3sQs&ved=0ahUKEwiXsP2izdaIAxU2LkQIHYjbLbYQ4dUDCBA&uact=5&oq=mitochondrial+disease+in+adults&gs_lp=Egxnd3Mtd2l6LXNlcnAiH21pdG9jaG9uZHJpYWwgZGlzZWFzZSBpbiBhZHVsdHMyBRAAGIAEMgUQABiABDIGEAAYFhgeMgYQABgWGB4yBhAAGBYYHjIGEAAYFhgeMgYQABgWGB4yCBAAGBYYHhgPMgYQABgWGB4yBhAAGBYYHkinMFCeCli-LHABeAGQAQCYAWmgAZIHqgEDOC4yuAEDyAEA-AEBmAILoAK1B8ICChAAGLADGNYEGEfCAg0QABiABBiwAxhDGIoFwgIKEAAYgAQYQxiKBZgDAIgGAZAGCpIHAzkuMqAHlEY&sclient=gws-wiz-serp

My doctor said that all of her patients complain about chronic fatigue, and there's no effective treatment or prevention.

id like ten minutes with both of them no holds barred

problem is the sec will confiscate the money and keep it

dales cash haul should go to the injured shareholders. that pos lied and stole the money. and durrant helped him do it .
they both lied their asses off

Only thing worth following and keeping up to date is any development in the case of SEC v. Dale Chappell et al. And the manner in which Dale will hopefully be violently disengorged of his ill-gotten gains on the back of naive investors such as us. Not worth even discussing or giving heed to schizo-based illusions.

We know that the Appeals Hearing has been terminated, and that the District Court case remains sealed pending the resolution of which items will continue to remain sealed. In the bankruptcy court case, we also know, "Status: On July 30, 2024, the Court entered an order resolving this matter.
Accordingly, a hearing on this matter is no longer necessary."

see pg 1/9
https://document.epiq11.com/document/getdocumentsbydocket/?docketId=1105685&projectCode=HUM&docketNumber=340&source=DM

I think management may have survived the lawfare, and may go on the offensive in that regard.

I don't see an immediate distinction between future and current shareholders.

Then you are truly lost and I am saddened that you are ensnared in an illusion of your own making.

My one earnest attempt to guide you toward reason and clarity seem to have faltered against the walls of your alternate reality.

Best of luck to you, and I am so sorry to all of those who lost in this scam.

If they planned on rewarding shareholders they would not have cancelled the stock making it worthless! They rewarded the shorts and their own insiders by not forcing them to cover their positions.

They are rewarding future shareholders if Lenz succeeds, current holders get nothing.

No one from management gives a shit about you or any shareholders losses, I’m sorry, they will reward themselves though, that’s how this market works.

My conscience is clear. I am also undaunted in expressing my assessment of our reality.

Contrary to a popular mantra, the truth doesn't always make you free. I think management is fully prepared to evidence the truth, and to see justice prevail, and to see shareholders rewarded.

The only madness I am trying to stop is the government's abuse of discretionary authority.

Jay, not sure why you continue to troll with these incredulous posts. These poor investors have lost a lot of money, with some claiming losses in the 7 figure range.

It’s time to face reality or your conscience. Please realize that your actions are unhealthy for both you and the victims of this scheme fka humanigen, fka kalobios. Please stop this madness and seek help if you can, I urge you.

None of which will have any effect on the disastrous formerly HGEN shares taking useless space in our portfolios.

But yay Lenz is amazing and will save the world and make Durrant and the other scumbags even richer.

I think we'll all be glad that we invested here. There's more potential here than I routinely talk about, but I think we could benefit by our relationship to Mayo Clinic, and I think former Board Members Hohneker and Xie will develop lenz and ifab for ArriVent and AstraZeneca. In addition, there is the rather inconvenient fact that there are no medical countermeasures to prevent or treat a virulent form of coronavirus, or another type of virus altogether.

Don't ever listen to Jay. He lives in some weird alternative universe. Sponge and now Humanigen. Dude needs to let someone else invest his money

No, you didn't miss anything. My discussion of Novavax, and Sanofi, represents my own conclusions. What little indication I have seen that I may be right are the co-licensing and manufacturing agreements there have subsequently been between the two companies, to include Sanofi using the Novavax vaccine as part of their Covid Influenza Combination (CIC) vaccine. That market is reportedly twice as large as the covid market.

“The world needs the lenz-enhanced Novavax covid vaccine.”

If I remember correctly, you have hoped and assumed Lenz was in the Novavax Covid vaccine? Did I miss this becoming confirmed and verifiable?

I noted previously that Novavax concentrated on obtaining regulatory approvals worldwide, before they even thought of applying for an EUA in the US. Smart CEO. And after they finally did apply for an EUA, I recall that the FDA wanted to see more data. I assume NVAX provided additional data from an alternate universe, but however they did it, they got additional information for the FDA to award their first EUA. Subsequent yearly EUA awards were not authorized until after the mRNA vaccines were approved. That happened again for this 2024-2025 current vaccine flavor.

"August 22, 2024
Updated August 23, 2024

Novavax and the U.S. Food and Drug Administration (FDA) are working together productively as the U.S. FDA continues its review of data in consideration of an Emergency Use Authorization (EUA) of Novavax’s 2024-2025 formula COVID-19 vaccine (NVX-CoV2705)."

https://ir.novavax.com/press-releases/Novavax-Continues-to-Work-with-the-US-FDA-on-Authorization-of-2024-2025-Formula-COVID-19-Vaccine

Once the mRNA vaccines had first-to-market access, NVAX was authorized.

Novavax 2024-2025 Formula COVID-19 Vaccine Now Authorized and Recommended for Use in the U.S.
August 30, 2024

https://ir.novavax.com/press-releases/2024-08-30-Novavax-2024-2025-Formula-COVID-19-Vaccine-Now-Authorized-and-Recommended-for-Use-in-the-U-S

Dr. John just released a new video in this regard, with information from Florida.

"On August 22, 2024, the United States Food and Drug Administration (FDA) approved and authorized updated versions of mRNA vaccines from Pfizer-BioNtech and Moderna.

"The FDA approved the vaccine for people 12 and older and provided emergency use authorization for children 6 months to 11 years old.

•Unvaccinated individuals 6 months through 4 years of age are eligible to receive three doses of the updated, authorized Pfizer-BioNTech COVID-19 Vaccine or two doses of the updated, authorized Moderna COVID-19 Vaccine."

The Florida Surgeon advised against the use of mRNA vaccines. Dr. John provides the data in support of this decision.

But what a mess! And the price could be paid even from infants only six months old.



The world needs the lenz-enhanced Novavax covid vaccine.

I have not seen A.I. replace customer service online chats so far..so this A.I. in my opinion is rubbish.
and wasting people time chatting with A.I. as customers service as it's just random answers replies based on words you ask. that is A.I>?
and A.I. is auto generated chat talk like Jay.
notice Cowtown jay keeps talking the medical studies and nothing more.
jay could be more advance A.I. too.
cowtown is just randomly generated postings. and they call this A.I.
it's like those fake chats in custome service, it's basically random replies to questions and the A.I. replies to questions based on word you type. it's not even A.I.

the lawsuit was selling hopium. there is no hope and if the 'shareholders' didn't sue the company, the shares and the company would not need to go bankrupt. they wanted to go bankrupt so the shares are worthless. what don't you understand. no invesement company will invest in a company that is being sued by their own shareholders and managment and people operating this operation of company is 'shady' and have criminal connnections you know what I mean. every gov't insittuion is now 'corrupted' that is something the 'gov't censored and controlled media won't report because it's CENSORED. or self censorship, known in the streets as 'code of silence' and anyone who dare to speak out is fired,,literally or something band happens to them like accidental death or overdose tc.

the 'shareholder' LAWSUIT was created so it gave the company and EXCUSE to go bankrupt. it had 3 million in the bank and a shareholder LAWSUIT would scare any investor who would invest in the company and it was the reason the shares went from $20 to .0001. the controlling shareholder already sold his shares via short positions which why jay still sees naked shares not delivered or lots of shares were loaned to a short.
the retail investors or peons were call useful idiots like jay for playing along with the scam. the judge may approved the 3 million 'settlement' but you won't get a dime of that money. so you wasted your time as for the law firm who filed,,they obviously was paid by someone as lawyers never work 'free' and always want a retainer fee. even if you lose. or don't get any money from lawsuit. or someone paid them to ask for shareholders to file the 'lawsuit' or complaint.

Lenzilumab ought to be considered as one of the key Mabs evaluated by the ReVAMPP pandemic preparedness network. Lenz should be evaluated both as a therapeutic, as well as a vaccine enhancement.

Of course, distinctive selection of lenz for the ACTIV-5 Bet-B trial was achieved, to no avail. So the NIH AND management would have to agree on patient parameters for trial inclusion.

"Friday, September 13, 2024

NIH awards establish pandemic preparedness research network
Scientists will work on high-priority pathogens most likely to threaten human health."

https://www.nih.gov/news-events/news-releases/nih-awards-establish-pandemic-preparedness-research-network

thanks ..i have extremely low expectations unfortunately

Hopefully you’ll receive something.

i took the time to put it together and send it out , have not heard a word

Not me. I spent about 4 hours gathering all the info. Submitted everything on time. Received a letter from the law firm recently saying I didn’t provide all the necessary documentation. There was nothing else to give them. I documented all the buys and sells. They gave me a short time to respond or I receive nothing. I didn’t reply.

has anyone gotten any money on the 3mm ?
asking for a friend

i saw lenzilumab being sold for 50 bucks a vial lol. at least durrant can get lunch money off the inventory we paid for

You can’t merge stock when the shares are cancelled, there is nothing to merge! If they wanted shorts to cover they wouldn’t have cancelled the shares, they don’t have anything to cover.

I don't see where he stole anything from Humanigen shareholders. We still hold the covid patents.

https://patents.justia.com/assignee/humanigen-inc

And Taran still shows being assigned the CAR-T patents only.

https://www.plainsite.org/patents/assignment.html?id=11607371

For all I know, the rights Taran has for lenz may only relate to manufacturing and commercialization, for now.

I think the company is ready to announce a stock merger with Taran (or Humanigen Australlia), which was completed prior to the shares being dissolved. I think this will force a buy-in of Taran (or HA) shares to cover Humanigen shares held short.

I will not be surprised to see the merger news, along with regulatory approval of CMML, and possibly news regarding Sanofi and Novavax, tonight. I think we would have seen this news a few weeks ago, if the FDA hadn't delayed the Novavax authorization. I'm only saying this because you asked about what I expect, so now you know. This could be delayed if the District Court case remains totally sealed, so I would at least like to see partial case data, relating to management, unsealed.

jay if you go on the taran website they are actively selling the drug and moving forward. the only mention of humanigen is that taran purchased the assets of the company.
wondering when you expect durrant to show his merciful side and grant to the shareholders what he stole from the shareholders with shareholders money

Thank you for the 👍️, rjurko! I think management has more than just earned my continued confidence. I think I'm fixin' to be sincerely grateful to them for the bountiful reward they will make possible for me, and all shareholders. It looks to me like we are ready to succeed.

I have an expanded view of the facts in this case. I see no reason to take my focus off the graft and corruption of the US government agencies, and their Big Pharma benefactors/beneficiaries who have a role in this case. I have increasing confidence that our management team of Medical Doctor/MBA's, are on the right track, both to succeed, as well as to hold all parties guilty of malfeasance accountable for their actions.

As much as I hate to say this about another person, you are correct.

I feel for him here , but the reality is he is in complete denial of the true situation and refuses to separate his belief about the product from the facts of the scenario.

I do feel sorry for cow, he is living in some weird universe

If it was shell company we would at least have a chance at something. Shares are cancelled and will never have value or trade again.

My accounts no longer have the ticker symbol, it's just a bunch of numbers. Shell company status

It doesn't matter cowtown, the company is BK and the shares are worthless

Durrant once described the FDA as our collaborative partner. Later, he also claimed that withholding our regulatory authorization had cost tens of thousands of preventable deaths.

I don't think either statement remains accurate.

There probably are cooperative FDA employees who work with company executives in the design of their clinical trials. And I would not be surprised if management had productive working relationships with FDA employees in that group. But it appears that they are lower in the hierarchy than the FDA group that has authorization responsibility. That group granted themselves the power to Decline to award our EUA, despite the two peer reviews that made it impossible for them to Deny our EUA. That newly self-granted discretionary authority, which effectively kept lenz off the market without an insupportable Denial, should be rescinded, and the group that Declined to make a regulatory decision to approve the EUA should be fired and/or charged for failing to grant our EUA.

The tens of thousands of preventable deaths that Durrant claimed is a far cry from the tens of millions of covid deaths now being reported by some researchers. But Durrant was only referencing the preventable deaths that occurred from the time of our Declination, until the time of his comment. Nevertheless, that is STRONG language for a CEO to use against the FDA. But he did not back down from making the claim, and I think the abuse of discretionary authority by government agencies is part of the claims in the sealed District Court case.

So yes, I'm looking for the little guys to bring down the system.

Set us up perfectly? Dude we have worthless shares that have been cancelled! Yeah that’s great they sure are going to stick it to the man! Cheers to the little guy who is going to bring down the system lol.