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Does ANYone know anything about "the lawsuit" which someone mentioned Discord members are taking up a fund for? WHO is being sued and by WHOM?!
SO, then WHY do the Cotropias & Chandra & Zhabilov keep filing more applications, and stages of such, for their Patents????
Thus the question remains in my mind as to WHO REALLY owns these Patents!!!
???
Lol.. they need to scrub the whole site before it’s too late
TY!!! Finding the link to the release was ridiculous...not on otcMarkets, not on the website, not even a clear path to find the release on the ACCESSWIRE website.
Ridiculous!!!
https://finance.yahoo.com/news/enzolytics-inc-announces-dismissal-dimitar-123000204.html
I don’t know but I would guess that the way that SAGA got delisted and the dozen reasons why that weren’t possible to correct, there’s zero chance they ever see the Nasdaq again. At least not for years, if it’s even possible for them to somehow work it out or work their way back up and what good does that do anyone here. And without unwinding the deal completely from scratch, half the issues that they were delisted for in the first place wouldn’t be resolved at any point, even years from now. They’ve shown they aren’t doing that bc they’re attempting to still issue the dividend according to the recent PR. The otc is prob their only realistic option and I also don’t know how a delisted Nasdaq stock even goes about getting relisted on the otc. They haven’t even spoken out about their plans for SAGA so it’s impossible to know much of anything. I would guess they’re going to wait until the lawsuit gets resolved first and then decide on their course of action. And that could be awhile.
The financial facts do indeed tell a lousy story. The value of ENZC has always been intellectual property and the potential to deliver much safer/effective medical treatments. Delivery potential remains just that — potential. Execution updates have typically focused on “what we are planning to do”. There is typically very little commentary on what has been accomplished. So, we’re back to intellectual property primarily.
In your opinion, can ENZC/SAGA work with FINRA to successfully list SAGA on NASDAQ as planned? I agree that the $10 so was a slap in the face. ENZC’s exec team got greedy and grabbed more of the pie towards the end of negotiations. That action spoke volumes to me.
One thing for everyone to keep in mind regarding the main assets under BGEN. The Cotropias were in this merger in the first place as a way to try to bring Clone 3 to market. That science was their life work, everyone agreed with that here over the years. With Charles just ousted as CEO (whether he had already exited internally and they just had to vote in new positions as a formality, or he was actually voted out on bad terms), does anyone really think he’s going to allow Clone 3 or any other patent pending assets under their names to move back under ENZC, which would essentially give Harry and the new ceo control of their lifes work? No chance. What happens with the rest of the assets, who knows, but there’s zero chance Clone 3, anything under the Cotropias names filed for patents, or their assets, end up back under ENZC under any circumstances. The way Chandra just exited as well, you can bet none of his assets are going back under this as well. Best case scenario here is that IPF or ITV-1 end up back here. And those were a joke as far as I’m concerned anyway. I invested here for Clone 3. And I know for a fact that isn’t coming back here with Harry now in control.
Unfortunately I can’t see the dividend payout even being worth much if SAGA ends up on the otc and is tradable at some point. See my previous reply. I think what angle they will go with to try to win shareholders over with (if the dividend does get paid out), is something like, “hey you’re getting shares that aren’t worth much now, but when all our science comes to market, then they sure will be”. Something to that effect, to try put a good face on this mess. More empty promises to dangle more carrots.
Keep in mind those dividend shares were supposed to be $10 Nasdaq shares as well, and even then the majority of us thought that the dividend equivalent we were going to get was a slap in the face.
So if SAGA ends up the otc, what’s it going to trade at? No where in the same universe as $10 on the Nasdaq obviously. A penny? Trips even? If the $10 Nasdaq shares were considered by most to be a slap in the face to us long shareholders, what do you think the amount you’ll get out of them as dividend now would be worth? Maybe a hundred bucks. Maybe a grand best case if you had millions of ENZC shares.
I must say that you have a good point here:
"Are shares that are delisted and aren’t tradable on any exchange worth anything?"
Are shares that are delisted and aren’t tradable on any exchange worth anything lol? And even if SAGA ends up on the otc, it’s going to be the same situation that some of us were leery about launch last year. They are going to be locked up shares, and by the time you’re able to sell yours, the company insiders who were handed out 22 mil each in SAGA shares as part of the deal, will have already been dumping theirs. Just like Harry’s been dumping his shares all along, he’s going to do the same with the stack of SAGA shares he got in the deal. And I’d suspect the rest of them will be dumping as well.
I also highly doubt that Clone 3 or the other valuable assets even stay under SAGA very long. That’s why Charles and Chandra have the new company. You’ll prob see the valuable assets, patents (if ever granted) and the ai eventually under some new shell. Or they’ll just keep them private and away from the stock market entirely.
If the SAGA deal did close and Biogeysis and Virogentics are now under SAGA, why do you believe the shares are worthless? I concur that the valuable intellectual property is still under Biogenysis (including exclusive licensee rights to the Zhabilov Trust patents). The value of ENZC has been Biogenysis for some time. So, if Biogenysis is now under SAGA, how can SAGA shares be worthless?
I agree with you that the new ENZC CEO did indeed make a statement that they were working with FINRA in order to consummate the SAGA dividends to shareholders. That statement implied that the SAGA deal has not closed.
Thanks
“1) Did the SAGA deal go through? It doesn't appear to have gone through.”
Actually the complete opposite. Why else would the new ENZC ceo just tell shareholders in the recent PR they were moving forward with FINRA to have the dividend shares issued, if the deal didn’t go through?
The valuable assets are still under BGEN, which is still under SAGA. If the deal was off or being reversed as people want to believe now to have some shred of hope left for themselves, why did the recent PR from the new ENZC ceo even tell everyone that they were proceeding with FINRA to attempt to issue the SAGA dividend shares. The deal went through, the despac is what didn’t. SAGA is no longer a Nasdaq company, so the SEC won’t do anything. Not like they would have before probably. They are going to try to justify “doing right by the shareholders” by giving out the SAGA shares still, which will be worthless. People are trying to come up with anything they can at this point to not have to come to terms with the disaster and losses here. It is what it is. Writing was on the wall for a long time. Even when things were seemingly going well here, we were trading at .03-.04 cents. It could be a year or two if things went all ENZC’s way from here on out with the SAGA mess and the lawsuit etc. Only at that point a year or more from now would there be any potential progress with what’s left under ENZC (if Harry brings ITV or IPF back under this), and then what? More waiting on Africa trials? Nothing happened in a full three years when things were on track and then it all derailed. If they ever got back on track (minus Clone 3 and BGEN assets under the Cotropias or Chandra) would it even be worth .02 cents again? Doubt it, after how many people are now turned off to this for good. Does anyone really think that Charles is out as CEO and Chandra walked away too (clearly signaling internal issues in the management) and that those assets like Clone 3 and the rest would ever find their way back under ENZC with Harry having control now? Get real. Clone 3 was the only reason I ever invested here and that’s gone for good for sure. No chance the Cotropias patents or assets come back under Harry’s control in a company they were just outed from (or purposely prior to the vote of new management, walked away from).
Agreed. The company has not been transparent in the least. I have the following specific questions:
1) Did the SAGA deal go through? It doesn't appear to have gone through. Biogenysis and Virogentics appear to be part of ENZC. The Biogenysis website is down -- perhaps for the same reason that the ENZC website was down. If ENZC comments when the website is restored, I'll be confident that both Biogenysis and Virogentics are definitely still in the ENZC family.
2) Is the SAGA deal still in the works?
3) ENZC's exec team is clearly taking the company in a new direction. The verbiage in today's AccessWire article layered on more anxiety for SH's (at least me). To my knowledge, only Virogentics has ANY experience in "Sales, Marketing and Distribution". Let's be honest here -- it isn't much experience. I'm thinking WTF?
4) How does Dr. Chandra fit into the company's future? Is he still CEO of Biogenysis and a ENZC Board member?
5) I've read many times that the patents (intellectual property) are held in the "Zhabilov Trust" and that ENZC/Biogenysis is the exclusive licensee for the patents. ENZC's future value has been all about the future value of the intellectual property. Now the exec team is changing the strategy/model to "sales, marketing and distribution". What are they selling, marketing and distributing? Surely not "IPF Immune Support". Is the new strategy wrapped around AI and human monoclonal antibodies? If so, they're basically selling/marketing/distributing intellectual property.
Well, I just don't know. Does anyone?
That’s gotta be the stupidest thing I’ve heard yet. Leave it to the discord to concoct anything at this point to rationalize this disaster. Do you think Charles really would have been that stupid? There’s zero proof that this was some hostile takeover. People just need someone to blame because they still can’t come to terms with the losses and the fact that Charles and Chandra took the assets elsewhere. Keep in mind the valuable assets in BGEN were moved out of ENZC over 6 months before the change of control vote took place to elect a new board.
Everyone STILL ignoring the fact that they told us way in advance last July “no assets, no operations” left in ENZC once the deal went through. Some of us kept bringing this up last summer and were called bashers for it. Then when “no assets, no operations” left in ENZC became reality and they elected a new board, for some reason everyone is still scratching their heads and coming up with absurd conspiracies on why this occurred.
Mutat, WHERE was this posted?-- Where did you get this information? IF this is a new Company being formed by those mentioned in this/your Post, will it be offered as an IPO? IF so, I'm not interested. You know what they say about once-burned. I've been horribly disappointed & let down. It's just VERY SAD!
As far as I'm concerned, these people need to 1st correct the Company called Enzolytics they ran, that Shareholders lost money in. ONCE that's done, then I might be interested in something else they do.
I'm not judging the leaders of ENZC, and I'll gladly give them the benefit of the doubt, but they FIRST need to fix what went wrong in Enzolytics before I'd invest with them again. And I'm waiting for them to do just that, & pray they will succeed~ and soon !!!
We're all trying to figure that out.
A lawsuit filed by whom against whom? Who is the Plaintiff & who is the Defendant?!
WHY was nothing mentioned in this PR Today about ENZC's development of its Patents, CLONE3/7 as a CURE for HIV-AIDS, & ALL STRAINS OF COVID, as well as ITV-1, a TREATMENT for HIV-AIDS, and clinical testing for these Patents, and Partnerships involving them. Nothing was mentioned about this in Today's PR. Only medical devices, neutraceuticals, & VERY VAGUE "medical testing", whatever the heck that means! ???
WHERE ARE THESE PATENTS ~ WHO OWNS THEM?!~ ARE THEY STILL UNDER THE UMBRELLA OF THE FORMER ENZOLYTIC SUBS WHICH HAVE BEEN SOLD TO SAGA, WHO OWNS THEM NOW, OR WHAT?!?! OR IS THIS MATTER NOW TIED UP IN THE GLD LAWSUIT TOO?
I, for one, would surely like to know what's goin on with these 2 former ENZC Subsidiaries~ AND who owns these ENZC Patents involved with them..
Website is back up:
https://enzolytics.com
The new theory is that Harry used shares from the saga deal to pull the takeover. If true then we might see a reversal. The saga deal was dead and he couldn’t use those shares to have the vote. This is from discord discussion.
Did you read the financials - the last filing was the Q3 for 2023 - if you read and understood the financials you wouldn't be bullish.
From the Balance Sheet ENZC is insolvent.
From Operations - ENZC lost $2.2M.
Nothing to be excited about.
And reposting company created hype isn't DD.
What a bunch of clowns:
"The ENZC website, which was taken down by someone other than the Company, is being brought back online as quickly as possible and will be updated shortly for the changes in directors and officers and a copy of the disclosures and financial statements for December 31, 2023, will be published there."
So who took down the site - and why doesn't the company file the financials with the OTC - who cares if they are on the website.
IG
:) makes sense.. tks for laugh.. need it for sure.
LoL! Some people think traders or traitors. Yet they themselves usually trade or sell at some point.
Dreaming is nice but trading can make dreams come true IMO!
The right News hits here and ENZC could fly.
No, delayed or bad news and we might get another chance at Loading cheaper.
I would not bet on another big dip at this point.
TRADER .. not traitor .. so much for talk to text
I think it’s time for me to be a traitor, instead of a dreamer
Looking at the past Enzc has been a traders Dream but it’s been a minute!
Yep! I bought up .0022 and .0032 yesterday but quit buying when it hit the teens. Hindsight I should have continued to load the boat.
Could have had better than a double. Good news I hope is I didn’t flip any of those shares at 004. I had my hand on the trigger but never pulled it. It’s only good news if it continues to rise or I flip for a profit before another dip.
Time will tell.
ENZC Enzolytics Offers Update (Source: AccessWire TODAY). Read the article below for updates on Business Model, Website, Twitter account, Business Model, and settlement of a two-year long legal battle.
ALLEN, TX / ACCESSWIRE / April 23, 2024 / Enzolytics, Inc. (OTC PINK:ENZC) (enzolytics.com)(the "Company") today disclosed that on April 9, 2024, the US District Court of Nevada dismissed the lawsuit, 22-cv-00401-GMN-DJA brought by Dimitar Savov against IMMB bringing to an end the claims alleged in this suit. Originally filed on March 3, 2022 against the corporation that ENZC had its assets, including ITV-1, IMMB and ENZC have successfully defended their position against the plaintiff through 2 years of litigation. Enzolytics will continue to aggressively defend any litigation.
Updating the progress on the December 31, 2023, OTC annual report the Company has completed its disclosure and financial statements and is waiting for an administrative issue to be resolved with OTC Markets. Because of the change of directors, a change in control had to be filed with OTC and the Company has done that, paid the fees, and is awaiting final approval. The Company is in contact with OTC Market representatives and expects the process to be completed with the uploading of the report to immediately following its resolution. The Company has discovered and corrected several other administrative issues in the past weeks and expects to resolve any remaining items soon.
The ENZC website, which was taken down by someone other than the Company, is being brought back online as quickly as possible and will be updated shortly for the changes in directors and officers and a copy of the disclosures and financial statements for December 31, 2023, will be published there. The Company has a new X/Twitter profile: @EnzolyticsInc.
Management has further defined the new direction being undertaken by ENZC. Negotiations have been entered into with potential partners and suppliers for the development of a strategy to provide sales, marketing and distribution services for Medical Devices, Nutraceutical and Medical Testing Technology. ENZC expects to enter into licensing, acquisition and partnership agreements from its current efforts.
"This is a victory for ENZC and brings to a close a legal battle. ENZC will continue to defend itself against all claims made by any and all plaintiffs trying to harm the company and the underlying Shareholder value", said Steve Sharabura, Interim CEO. "I am also appreciative of the progress we, as a team, are making in the implementation of the new business model focusing licensing, acquiring and partnering with entities in the medical devices, medical testing and nutraceutical products markets."
Yep. I had no expectations for the first 5 years and no reason to think otherwise. They're all scams until their not and that's why I only ride free shares. I don't call paying off my mortgage, buying the neighbor's 100-acre farm, and sending my kid to college losing all my money on ENZC. Learn to play the game before mouthing off.
Recovering from yesterdays 40% loss lol, a lot of I told you so for a stock now priced at .0045 :D HILARIOUS
I stickied your post FrankMD.
Thats sad.....I think there was a big mess and its slowly getting straightened out.
Damn, thought you had more in you than that. Weak!
You're on ignore now, pink sheet Patty
Keep reading further back with all your free time. Since you have nothing else in life. These were all free shares since 2021. It’s a lot of posts but I’m sure you can do it tiger!
Awesome.... LOL
In the past 52 weeks the price is down 97%. Today is insiders doing wash trades and spoofing so they can dump more shares.
IG
A new yet old regurgitated nutraceutical scam. Pig juice and liver pills will be forthcoming as PRs. Chandra and CC long gone. Crooks.
at these PPS, I'm holding for more news.
I thought you had this all figured out and you were smarter than everyone else. Bio takes 5 years and it's only been 3 1/2? And now you lost all your money and it's done? Either most people on this board are clueless or they're in on the scheme. No other explanation.
Good to hear from you, Jim. Sounds like you did pretty well anyway. As disappointing as this split up is, at least we have communication from ENZC again and they SAY they have a plan to try to make something of it rather than ditch the shell. The bigger question now is how are we non-insider ENZC shareholders going to continue to participate in the potential of the IP? ENZC paid the bills. ENZC and its officers made representations. It can't simply slip away due to reorganization or changing of the guard without consequences. JMHO.
Now we are supposed to say how Ive done. What a bunch of morons.
The roof over the Grand Ballroom caved in last week. Had to unload it to settle insurance claims. LOL
I expect there will be more news coming from the company.
I try to Ignore or not to read manipulative posts from posters with Ihub IDs we never seen before
I ignore all posts from old and new bashers IDs altogether.
Good to hear you are still around and doing good , been awhile. Were you able to sell the club too HaHa
guys. I think we are feeding a dead horse. The only good news on my part is I got out $1.76M ahead, the bad news is I could have made five times that had I not gotten greedy. Right now I am sitting on a paltry 1M shares. I think we all bought the kool aide and took a lot of healthy swigs from the ENZC packaged supplements. Now looking for a good place to place my bets. GLTA
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Independent Valuation Report Pre Clinical Studies
Investments
___________________________________________________________________________________
Press Release July 20-2021
Enzolytics Announces the Signing of a Letter of Intent with Creative Biolabs, Inc.
for Licensing and Commercialization of anti-HTLV-1 Monoclonal Antibodies
https://www.creative-biolabs.com/
https://finance.yahoo.com/news/enzolytics-announces-signing-letter-intent-113000339.htm
________________________________________
Press release July 21-2021
Enzolytics and Lonza Bioscience Combine Technologies to Fast-track Development and
Production of Anti-HIV and Anti-SARS-CoV-2 Monoclonal Antibodies produced by Enzolytics
https://www.lonza.com/
https://www.bloomberg.com/press-releases/2021-07-21/enzolytics-and-lonza-bioscience-combine-technologies-to-fast-track-development-and-production-of-anti-hiv-and-anti-sar
_________________________________________
July 22 INTERVIEW
with
James Hicks, Charles Cotropia and Gurav Chandra
http://www.youtube.com/watch?v=mdljO9VLgj0
______________________________________________________________
COLLEGE STATION, TX August 25, 2021
Important Excerpt from this news progress update.
>>>>>><<<<<<
"The monoclonal antibodies being produced by Enzolytics against the CoronaVirus target 19 conserved immutable sites on the virus, sites which the Company has now confirmed are conserved sites not only on the initial virus strains but also existing in the Delta and Lambda variants, as well as in the Alpha, Beta and Gamma variants."
Enzolytics Inc. and Samsung Biologics Announce
Development and Manufacturing Agreement for Anti-
HIV and Anti-SARS-CoV-2
Important Excerpt from this news progress update.
>>>>>><<<<<<
"Samsung Biologics (KRX: 207940. K.S.), a leading contract development and manufacturing organization and Enzolytics (ENZC), a drug development company committed to commercializing multiple proprietary therapeutics to treat debilitating infectious diseases, announced the signing of a strategic CDMO partnership agreement."_______
2000 North Central Expressway
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972-292-9414
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