Enzolytics Inc (ENZC)

[foxi]

Good catch yall, thanks for the info.


Maybe they're positioning to raise some operating cash following an upcoming news drop? 32 Million shares at .07 is only worth $2,240,000. I guess we'll see if the selling pressure keeps up and float keeps growing.


The dilution shouldn't be in the year-end report. If the OS showed the increase between 2022-03-30 and 2022-04-11, the activity won't show up in the OTC disclosures until Q2 or Q3 (ie it will be reported in the quarterly disclosure ending March or June 2022)

But yes, apparently they DID dilute right after they issued the supplemental information claiming "no dilution" on 03/16/2022. Oof.