cowtown jay
2週前
The top two posts currently on Humanigen's X.com site were written by me in 2023 and 2024, and are as follows:
1. "cowtown jay
Re: None
Sunday, July 23, 2023 12:35:24 PM
Post#
39925
of 44398
"Canadian Investment Regulatory Organization (CIRO) is the recognized SRO to operate as a successor to the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (the MFDA). IIROC and the MFDA amalgamated to continue as the New Self-Regulatory Organization of Canada (New SRO), effective January 1, 2023, which subsequently changed its name to CIRO on June 1, 2023."
https://www.osc.ca/en/industry/market-regulation/self-regulatory-organizations-sro/predecessor-self-regulatory-organizations/investment-industry-regulatory-organization#:~:text=IIROC%20and%20the%20MFDA%20amalgamated,CIRO%20on%20June%201%2C%202023.
In my experience, the US government's abuse of discretionary authority was never more clearly illuminated than when my former focus company, SpongeTech, would introduce an Original Issuance of Shares (OIS) to a group of investors who were located in both the US and in Canada.
IIROC came down hard on everybody involved: the clearing firm; the brokerage; and the individual broker.
For the most part, there wasn't a peep from the American Self-Regulatory Organizations (SROs) such as the Nasdaq, FINRA, or the SEC, for the protection of American investors who received shares from that very same block of shares issued by the company.
I was able to subpoena FINRA's Electronic Blue Sheets (EBS) trading records, which showed tens of millions of shares naked shorted every day. And the primary clearing firm SPNG used, Penson Financial (which came out of nowhere and had quickly become the country's 3rd largest financial firm), declared bankruptcy. The SEC also ended up, finally, charging Penson with naked shorting. Here is info for anyone interested.
https://www.sec.gov/news/press-release/2014-101t
https://www.sec.gov/litigation/admin/2015/33-9914.pdf
Of note, though, is this:
"The Commission will hold funds paid pursuant to this Section in an account at the United
States Treasury pending a decision whether the Commission, in its discretion, will seek to
distribute funds or, subject to Exchange Act Section 21F(g)(3), transfer them to the general fund of
the United States Treasury."
from the 2nd link, page 23
The SEC is chartered to protect the investing public, and to return disgorged funds to injured investors. They should add a sentence clause to that mandate, "if they want to." They didn't want to restore injured investors against an informally associated individual here.
I don't know what management's plan is in regards to Failures to Deliver, but I'm glad they are astute enough to manage this situation themselves, by the design of their share structure, and I look forward to a 5:1 forward stock split, and a stock-for-stock merger, or two.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172414602
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2. cowtown jay
Re: cowtown jay post# 41369
Saturday, January 13, 2024 4:22:17 PM
Post#
41597
of 44398
One thing to note is that Taran entered into an Asset Purchase Agreement with Humanigen, not a Buy Out, to include our pipeline products, the equity in one of our subsidiaries, and "certain causes of action." The main cause of action I want to see is the recall of our loaned shares. Humanigen will do nothing that would eliminate those shares until the short positions have been bought-in. That transaction could leave a substantial amount of cash on the balance sheet, following the resolution of the bankruptcy. It could certainly be enough in value to meet Nasdaq Listing Standards for a number of interested entities.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1293310/000121465924000421/o152468k.htm
Such interested entities could include some of whom we may have engaged, such as Baudax/TeraImmune, Novavax, Gracell, and possibly AstraZeneca.
Our own interest, especially if Taran's purchased subsidiary survives as the Parent company of Humanigen, might best be served in Australia.
"Expansion of the PREACH-M study is a critical next step in our realignment strategy. Associate Professor Thomas is a world expert in CMML and program leader for Blood Cancers at SAHMRI. SAHMRI is a leader in precision medicine that assists patients in finding the proper treatment for their cancer," commented Cameron Durrant, Chairman and CEO of Humanigen. "Lenzilumab was discovered in Australia, so it is only fitting that we leverage the wealth of local knowledge that exists for lenzilumab as we continue clinical development. Expanding the number of sites may accelerate enrollment. We anticipate seeing preliminary results from this study in the first half of 2023."
https://ir.humanigen.com/English/news/news-details/2022/Humanigen-and-SAHMRI-Announce-Expansion-of-the-PREACH-M-Study-of-Lenzilumab-in-CMML/default.aspx
Further, we now know the interim results of the PREACH-M study have been phenomenal.
"Humanigen and the Principal Investigator are assessing regulatory pathways that may enable
early results to support a regulatory submission and potential approval by the Therapeutic Goods Administration in
Australia, which could be expanded through Project Orbis10 to the United States and the United Kingdom."
https://s28.q4cdn.com/539885110/files/doc_news/Humanigen-Presents-Promising-New-Hematologic-Data-from-PREACH-M-Trial-for-Chronic-Myelomonocytic-Leukemia-Treatment-at-the-2023-Europ-OYZCQ.pdf
I think things could come together for us very quickly now, and we could have positive regulatory and structural developments to report, to coincide with, and support, the recall of our loaned shares."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173623120
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Humanigen's current X.com top posts are mainly focused on the period just prior to the bankruptcy and to me, they illustrate our path going forward once the bankruptcy case concludes.
cowtown jay
4週前
Bump.
Marty, please, you have to be aware of how your own comments serve to exasperate the very failures of the FDA that you lament.
Let me share my perspective on what you said here: “We have a bit of a public trust problem,” Makary said. “I think there’s a void of data. And I think rather than allow that void to be filled with opinions, I’d like to see some good data.”
I passionately agree with you that there is a public trust problem in the FDA. Let me get case specific here as it relates to my investment in Humanigen, and my faith in their Lenzilumab (lenz) leading drug candidate. The void in our safety and efficacy data is because the FDA Declined to review our EUA request. My comments at the time were as follows.
"Posted by: cowtown jay
In reply to: None
Date: 01/10/2025 05:59:07 PM
Post #: 43,649 of 43,854
Vigilant Fox,
The FDA granted IND (corrected) authorization to treat covid for Humanigen's Lenzilumab on April 2, 2020, just weeks after the pandemic started. So by May of 2021, it is likely they had full knowledge of the outstanding safety and efficacy lenz demonstrated under this IND authorization.
https://ir.humanigen.com/English/news/news-details/2020/FDA-Approves-Emergency-IND-Use-of-Humanigens-Lenzilumab-for-Compassionate-Use-in-COVID-19-Patients/default.aspx
Management communicated with the FDA during this year-long process, and the FDA knew the company was prepared to request an EUA based on their LIVE-AIR Phase III trial to treat hospitalized and hypoxic patients with covid pneumonia.
What did the FDA do? On May 25, 2021, "...The U.S. Food and Drug Administration today announced the following actions taken in its ongoing response effort to the COVID-19 pandemic:...As noted in the guidance, for the remainder of the current pandemic, the FDA may decline to review and process further EUA requests other than those for vaccines whose developers have already engaged with the agency as described in the agency’s guidance, “Emergency Use Authorization Vaccines to Prevent COVID-19.”
https://www.fda.gov/news-events/press-announcements/coronavirus-covid-19-update-may-25-2021
Three days later, May 28, 2021, "Humanigen Submits Application to FDA for Emergency Use Authorization for Lenzilumab in COVID-19." The FDA Declined to make a decision on our EUA application, based on their newly self-granted power to Decline to make a decision.
https://ir.humanigen.com/English/news/news-details/2021/-Humanigen-Submits-Application-to-FDA-for-Emergency-Use-Authorization-for-Lenzilumab-in-COVID-19/default.aspx
Lenz has the ability to program an appropriate immune response, which is also variant-agnostic. This poses a threat to a multi-billion dollar annuity revenue stream Big Pharma, who are major providers of government agencies' operating budgets, and grantors of royalties to government agencies' scientists, all currently enjoy."
https://investorshub.advfn.com/boards/manage_msg.asp?message_id=175649690
In addition, NIAID and the NIH conducted a "confirmatory" ACTIV-5 Bet B study of lenz. I voiced my opinion of that in expressing my reason for wanting no part of the litigation brought against the company in the Class Action suit.
"Re: [External]Exclusion from Litigation
Jay Booth
From:
jayatthelake2003@yahoo.com
To:
Ann Cavanaugh
Sat, Feb 3 at 6:15 PM
Dear Ms. Cavanaugh.
Your instruction that I must send a letter by mail, and that I must provide transaction details in Humanigen securities, to be excluded from litigation, impose requirements that I don't feel well enough to comply with. I will simply comply with page 2 of the Notice of Pendency:
"DO NOTHING Get no payment."
I strongly disagree with the Lead Counsel, as I have publicly declared in the following.
cowtown jay
Re: bencozey post# 41218
Tuesday, December 19, 2023 7:38:43 PM
Post#
41220
of 41817 Go
As the ACTIV-5 government-sponsored trial of lenzilumab was announced, I felt that it was nothing more than the commandeering of our successful LIVE-AIR trial results. A simple comparison of the trial designs prove that. Look at the patient inclusion criteria for the two trials.
The government-sponsored ACTIV-5 trial inclusion criteria #6:
"Illness of any duration, and requiring, just prior to randomization, supplemental oxygen (any flow), mechanical ventilation or Extracorporeal Membrane Oxygenation (ECMO) (ordinal score 5, 6, or 7)."
https://clinicaltrials.gov/study/NCT04583969?intr=Lenzilumab&rank=2
The company-sponsored LIVE-AIR trial inclusion criteria:
"SpO2 ≤ 94% on room air and/or require low-flow supplemental oxygen and/or require high-flow oxygen support or NIPPV
Hospitalized, not requiring invasive mechanical ventilation during this hospitalization"
https://clinicaltrials.gov/study/NCT04351152?intr=Lenzilumab&rank=3
The government excluded room air patients in their trial, and included patients on IMV and ECMO. Humanigen did not intend to treat patients that were as seriously ill as the government included in their trial.
And in case you haven't seen just how successful the LIVE-AIR trial results were, here are the peer reviews from Lancet and Thorax on this page.
Humanigen, Inc.
I've been here since 2017. I know the company hoped that ACTIV-5 would corroborate our findings. But including patients in such a late-stage of disease progression in their trial, and excluding the room air patients who did so well in the LIVE-AIR trial, only demonstrates that ACTIV-5 was never going to corroborate the LIVE-AIR trial results.
Lenzilumab is going to be a blockbuster drug (generate over $1B in yearly revenue). Pfizer needs that revenue. But we don't need Pfizer, or any other Big Pharma, to capture this market potential. Durrant has already run 5 blockbuster products through the FDA validation process. And Dale is a specialist in the field of T cell memory function, having been published in his post-doctoral work with the Howard Hughes Medical Institute.
I have shown you the proof of what this management team has done. And I have demonstrated the government's effort to safeguard the revenue of their Big Pharma sponsors. Hopefully, facts will persuade you that the NIH and the FDA are the real culprits here, with the deadly abuse of their discretionary authority."
Thank you,
Jay Booth
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173768831
But, the government's deadly abuse of their discretionary authority doesn't stop there.
The FDA evidently told Humanigen's management that they were unlikely to approve the EUA. Keep in mind that the FDA ultimately Declined to even review the EUA application, despite positive peer reviews of the LIVE-AIR trial by both Lancet and Thorax publications. The FDA got the SEC and the DOJ to file charges for selling shares in the company despite the bogus concerns of the FDA, (except for the devastation it would cause their sponsors, Moderna and Pfizer).
"According to the SEC’s complaint, between June and August 2021, Chappell and Durrant sold Humanigen stock while in possession of material nonpublic information that the U.S. Food and Drug Administration was unlikely to approve Emergency Use Authorization (EUA) for Humanigen’s newly developed COVID-19 drug, lenzilumab."
https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26206
Do the right thing, Marty. Fill the data void you recognize by ordering your agency to Authorize or Approve lenz based on a review of the company's EUA request in 2021, and review the Lancet and Thorax peer reviews. Humanigen, it's shareholders, and patients, deserve the benefit of the paradigm shift lenz has facilitated as part of Generation Gold Standard, which I think it is. Approve the Novavax vaccine in accordance with the postmarketing commitment.