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Monday, April 11, 2022 4:49:10 PM
Disclosure for the period ending June 30, 2021 shows 5 shareholders of record for Series B and the Bulgarians aren't listed in the tables.
https://www.otcmarkets.com/otcapi/company/financial-report/300160/content
Disclosure for the period ending September 30, 2021 shows 10 shareholders of record for Series B and the Bulgarians are all listed in the tables.
https://www.otcmarkets.com/otcapi/company/financial-report/311215/content
Disclosure for the period ending December 31, 2021 shows 10 shareholders of record for Series B but the Bulgarians are NOT listed in the tables.
https://www.otcmarkets.com/otcapi/company/financial-report/325767/content
Series B converts 1:10 into Common shares according to the Seacor Capital conversion from October 2020 where 20,000,000 Series B converted to 200,000,000 Common. The Bulgarians collectively own 2,000,000 Series B, which could then potentially convert to 20,000,000 Common.
Why did their share issuances (and restricted/unrestricted status) fall out of the disclosures? Was it an accounting error? A way to mask conversions until ENZC fixes the omission on a later disclosure? Either way it'd be good to have clarification. (And audited disclosures in general.)
I edit too much! Refresh any of my posts within the first few minutes to get silly little updates and clarifications. :)
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