[StocktonCA]

http://www.j3sg.com/Reports/Stock-Insider/generate-Institution.php?tickerLookUp=SAGA&pageNumber=1&descending=1&sortBy=value

[archilles]

The downers appear and this is the time when ENZC will go strong soon

GO ENZC

[TheOTCstocksGuy]

So glad I dumped this ages ago! Never ever going anywhere!!

[KMC-1]

I disagree. Everyone knows where this is going - but there is a chorus of about 12 or so people on here who refuse to believe they have been and are, bag holders. They've been duped by a pump & dump scheme run through social media 2+ years ago by an "entrepreneurial investment corporation" (AKA a scam artist) who presented "savage DD" compiled by "his team" of "savage DD warriors" (AKA made up fairy tales).... LOL.... you literally can't make this shit up.

We all see where this is going, but that core group of believers (AKA a Congregation) can't accept it and keep throwing around conspiracy theories of "the dastardly MMs!!!" manipulating this stock every day using algorithms day in and day out to control the share price.

LOL... this would be funny if it wasn't all true.

Please remember to buy a hat or mug!!!

[Hunterdave]

Truth is...this board spent ALL fricken day on this crap that they have NO control over
Can they get to 4 cents before you start calculating again?
Damn

[KMC-1]

Wooohooo! Made it into the 3s!!

Enjoy that "Generational wealth!!!" kids!

And please, remember to buy a hat or mug!

[DRHUMI]

It also includes Leadership restricted shares while they already have their dividend in place

[AISI304]

What? Bought in too high? What a hoot!
Better to buy in low, sell at higher points.
Don’t you know that timing is everything.
No need to put any thought on your bs.

[rockie101]

I think it will figured ONLY off the OUTSTANDING SHARES....float is part of the OS.

[nobody9]

Truth is, nobody knows where this is going anymore, everything is nuanced, *figure it out for yourself* is the way here, don't invest what you aren't willing to lose, cross your fingers it works out the way we hope it does

[DRHUMI]

That's the scenarios. People were going off the example of 900 shares for every 100000 that was given, and they held onto that without looking at the numbers on the OTC site, which aren't accurate because of the float date being last year...

People are also ignoring the ENTIRE pathway to a dividend in every single company that offers them... The Declaration date when they tell us we have 6 months or whatever, the EX date when we have to own, the Record date when it's all tabulated and then the payment date.

There's only a few numbers to work with, but one scenario I didn't think of was the example scenario.

They could say we get 900 for every 100,000 because they determined that was what they wanted to do, but that number would go from 36M to 3,580,601 based on shares owned by us minus the float on the OTC site.

So, if people really think they are going to dangle 36M shares out there then reduce it by 90 percent, I don't think so.

[raja48185]

I am aware that from the original 45M shares, 9M were allotted to Chandra, Charles and 2 other guys.

Trust me, I am not complaining if we get either -
(Have a decent number of ENZC shares now)

a) 0.0904 SAGA shares for every ENZC share or even

b) 0.0467 SAGA shares for every ENZC share.

It would have been easier to agree with your argument if they had specifically mentioned in the agreement that the 9M shares were awarded solely to account for the shares held by the 4 big guys at ENZC.

Better to wait for reality while hoping that the deal goes through sooner than later.

[DRHUMI]

No. The dividend will be divided as follows one of two ways

I don't think leadership will be included in the 36M since they already got their 9M. If they double dipped and got the part of the 36M, the number would be:

372,363,185 Restricted Leadership Shares
397,844,580 Our shares (Unrestricted Minus Float)
Total 770,207,765 divided into 36M = .0467 SAGA shares for every ENZC share

Without Leadership being involved

397,844,580 Our shares divided into 36M = .0904 SAGA shares for every ENZC share.

They will apply the Dividend OFFER to ALL THE SHARES in the float, which is why there is an EX date for us to grab up as many shares as we can, reducing that .0904 number depending on how many people / institutions buy in that 6 months or whatever.

The ONLY other scenario that covers ALL shares in existence is just that... The dividend applies to ALL shares, then the ones that aren't owned by us or institutions are cancelled with the new company, resulting in the 36M being reduced, so a lower OS with the new company.

That covers ALL scenarios, period.

[raja48185]

OK, so going by your numbers...

36 Million SAGA shares will have to be shared with/by 2,313,596,368 ENZC shares (the Float, as stated by you).

It means for every ENZC share or (per share of ENZC) you will get : 36,000,000 SAGA shares / 2,313,596,368 ENZC shares = 0.0155601904 SAGA shares/1ENZC shares.


So 1 share of ENZC share gives you a dividend of 0.0156601904 SAGA shares.
For 100,000 ENZC shares you will get (0.0155601904 SAGA shares/1ENZC shares)x 100,000 ENZC shares = 1556.01 SAGA shares.

If the ENZC float is > 2,313,596,368 shares, then the number of SAGA shares as dividend, will be lesser than 1556 shares for every 100K EZC shares

[DRHUMI]

Right, that's why there is 2 numbers... The unrestricted and the float... Subtract the float from the unrestricted and you get the total that was locked up in our brokerage accounts as of 3/31/22.

On that date, the remaining shares in the float were not owned by retail or institutions, they were "free agents".

When the dividend declaration is announced, they will set an EX Date in which we will have to have as many shares by COB that day to apply to the dividends. The dividend ratio will then be determined based on our 36M shares.

It's apparently rocket science for some people, but it's clear as day on the OTC page...

2,711,440,948 Unrestricted

2,313,596,368 Float

If we owned "all the shares" as claimed, there wouldn't be a float. If everybody was a holder, nobody sold for profit, nobody sold period, there would be no float and that 2.3 Billon would be locked up in our brokerages and the SP would be $$$$$$$$$$$$$$$

It's not because that float is probably pretty realistic if not more since the SP then was 7 cents. There is at least 2.3 Billion free agents out there that we can trade back and forth every day and that will be used in what I think will be a buying frenzy when the close happens and the declaration date is announced.

[raja48185]

The definition of a float is the available shares to trade. The amount owned fluctuates every day for every stock.

The amount of shares traded every day fluctuates, not the total amount owned by all of the investors. For example, you may own a million shares, but you may trade only 100K on a given day, keeping the remaining 900K shares with you. So now you own 900K shares and someone owns your 100K shares that you sold.

When they say the stock traded the whole float, it means theoretically, whatever was the total owned, the same number was traded ( yes 1 share can change hands a multiple number of times during the day - as in someone sells 1 share, which is bought by another person, who in turn sells it during the day to yet another person for a quick profit or minimal loss.

[bigtalan]

Great update , the can is kicked down the road again Lawsuit
STIPULTATION and Joint Revised Scheduling Order: C.A. 21-1599-RGA and C.A. 21-1600-RGA are consolidated. C.A. 21-1599-RGA shall be deemed the lead case and all future filings will be made in the lead case only. Fact Discovery completed by 12/15/2023; Dispositive Motions due by 6/14/2024; a three-day Bench Trial is set to start 10/28/2024, at 9:30 AM in Courtroom 6A before Judge Richard G. Andrews; a Pretrial Conference is set for 10/18/2024, at 9:00 AM in Courtroom 6A. Signed by Judge Richard G. Andrews on 9/25/2023. Associated Cases: 1:21-cv-01599-RGA, 1:21-cv-01600-RGA (filed: 09/25/2023)

[docsetc]

😆😅🤣😂😜

[docsetc]

I've been researching their info and releases since their investors began squealing in anticipation. You are correct Rockie, a lot less delays, fewer bad PR's and no over-promising several folks told me. They kept expecting a dilution that never came, and new large investors want in at the board level over there now.

Hope ENZC starts getting developments like that. They're farther along in the trials and could cancel the SAGA deals if other investors came in more nicely, before funding in January, and then funded just enough to keep it moving forward.

Oh well, I can wish....! Could you just imagine ENZC stock sailing over $120.00 pps the same way.? Even if they reset that figure down to say our current .045c average pitching point, we'd have pps around $24.00 pps by market release time and that would be huge for most of us.''

GLTY

[MAGA_PATRIOT]

Not really sure 2b, but they've been working the chart like this for years.

[rockie101]

They probably had very few if any delay delay delay soon soon soon and when they talked you it was clear what they said....just saying.

[docsetc]

"sometimes" its honest frustration.

[docsetc]

The preventative cure for anything SARS-2/Covid will surpass even the HIV cure, you'll see. It's going to ruin the plans of a lot of wannabe' tyrants.

[docsetc]

In keeping up with recent industry reporting, another biotech, Immunovant, with strong similarities to ENZC, has its products about to undergo final trials and FDA approval. Their flagship product, an antibody inhibitor, that can theoretically keep several bad diseases and afflictions out of infants, and has benefitted greatly by developments in mABS technology advances, just had its stock soar over a 96% increase in pps as the tests had great results and their Phase 1 results got picked up by the FDA for early review.

Like ENZC, they flustered low for about 4-5 years, but never went below about .25c pps,and slowly rose up to $1.00 as the tests approached readiness, and some investors came aboard without receiving ownership of subsidiaries like ENZC did. (They got stock and future sales interests, but no company ownership other than stockholdings.) Their stock worked its way up to about $2.00 pps.

Now in the past few months, from $2.00 pps on up to $40.00 plus pps share value increases. When their products pass final stage IV trials, they expect to enter the market with over $124.00 pps value. Most of their early investors got in around .025-.048c pps, I'm told on their board.

I really hope ENZC does not blow this. This other company never had to give out new companies with product rights they originally owned in the original biotech, and the shareholders are just loving it right now. The link is here:

https://www.biospace.com/article/immunovant-stock-soars-on-positive-phase-i-autoimmune-antibody-data-/?utm_campaign=Newsletter%20%7C%20GenePool&utm_medium=email&_hsmi=275832002&_hsenc=p2ANqtz-8b0Vz9dwtVqg9GTsR1dE4anRh0CHdh7_rkoIoX4N0O6Oc2-BbGCQlgo3E_NvmgtYw89TR0YClT29HlfatE_j20R0AHNw&utm_content=275832002&utm_source=hs_email

[docsetc]

Yep, exactly what my gut was telling me too.

[archilles]

I say we dont need SAGA. There is nothing wrong of being ENZC with PPS running over $1 like last time except this time we have a proven IVT-1, a cure for AIDS which I expect to pass Africa test trials with flying colors. I like to keep my same number of shares and have PPS running to over $1 and higher as financial institutions can then buy in after PPS reaches $1. It would simply be a walk from OTC to NASDAQ when PPS is over $1. Who knows how high PPS will run to after financial institutions start to buy in
Go ENZC !

[outlook2020]

Dissing is increasing. These folks appear to expect another move up, otherwise why be around to talk it down?

[Bud-Wiser]

Is Godmother still selling merchandise?LMFDO

[Bud-Wiser]

Relying-to-a-sticky=And it’s still dragging on-8-months-later

[Deportes]

Yup 3 s is what we get now. BS

[Bud-Wiser]

Back to the 03’s for this Shit-Show

[2business]

MP._1''Better,,Quest./How's-it-gettin-done_Holding''RSI''/As sells..Goin-to.03s-looking now

[MAGA_PATRIOT]

Let’s see what happens Thurs/Fri. Friday is next short interest settlement date, so maybe a little teaser spike?

[2business]

Maga..U..have doc, The times+MM's/.Quest''-Why'Do-posts-say-it's_About_your- friends

[DRHUMI]

If you create a company with 100 Million shares, and your CEO rings the bell at the exchange and the action starts...

You're saying that all the 100 Million shares are owned by retail or institutions right then?

[DRHUMI]

Are you brand new to the stock market?

[bigtalan]

Maybe the flippers will run it up to .05-.06 and rinse and repeat , haven't heard any beer money being made lately so it should be time . GLTA

[MAGA_PATRIOT]

Agreed.... But SAGA always seems to be a little bit behind sharing those things, similar to the extensions. I would expect to hear something between Friday-next Tuesday, if they did actually present something to Naz yesterday. Anyway, I guess we'll see. In the meantime it's after 2:30 EST, so "down we go..."

[SeniorApollo]

My difficulty in understanding your stance is that the basics of investing doesn't seem to apply. What the hell is an "unowned" share.

Who gets the money when one "unowned" share is sold?

Why would ENZC be diluting if they could just sell this magical 2.3B just laying around?

I think you are confusing available, with unowned. And your calculation is severely flawed.

[outlook2020]

ASCM isn’t shorting, they are barely even participating.

[bigtalan]

I guess buying time again , what is alittle strange you would think if SAGA presented a plan to NASDAQ yesterday they would have posted something to say just that and we are waiting to hear if they accept it. NASDAQ then looks at it and says your plan is to go into business with another company that is not current , unaudit ect. ect is on the OTC Pink and holds a .04 share price sounds good to us your back on NASDAQ. GLTA

[DRHUMI]

The definition of a float is the available shares to trade. The amount owned fluctuates every day for every stock.

In your scenario where we own the entire float, how in the world are we below 4 cents?

If all the shares were owned, there would be no dividend run up, there would be no declaration date, there would be no EX date because they would know the number because all the shares would be owned.

Where is the difficulty in understanding?