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Poor basher, nothing to offer of substance. There are a couple of strong reasons why they are working to gain control of ENZC, and it won't be years of legal battles either, they have established law and potential voting share control coming to their side. Those reasons are not limited to their love of shareholders either, its specifically to avoid any more legal issues. Their care for shareholder interests and their own coincide here.
Sorry you can't see that. I hear HALB is making a sick joke of their shareholders again, go over there and bash them to death.
And if they don't gain control of ENZC, they'll announce what other ticker ENZC shareholders can move over to.
GLTA
Anything is possible in OTC:PINK land, but I don't think we've been duped by the current things going on since March.
Still, I respect the risk and informed opinions by others here.
I see no motivation for the CCC gang to mislead us now about ENZC things going on, and other things going on around it. There are no conceivable motives to even bother doing what they are doing now and not just firing up one of their shell companies instead to go public and march on forward with the hand they already hold. They could walk away from ENZC altogether and make their fortune quickly elsewhere.
If they got ENZC back, their fortunes would be greater, simple math and they'd face no risk or liability from the defrauding of shareholders under the ENZC share ticker. Harry would be left holding that bag.
It's that simple to me. The only question I have not fully answered at this point is how, in detail, they'll get ENZC back. We all have good, educated guesses as to how, but nothing concrete yet and when that will happen.
So, both pumping and bashing at this point, is entirely useless and irrelevant. The options and what could be the paths, have narrowed in range and gotten a little clearer for the educated investor. When they sign with the partner, a real one at that, and announce the final volunteer trials, that can be confirmed fast, this stock value will rise significantly. Patent approvals and final trial/approval submission, and it's off to the races in a second significant pps jump..
If it's all an elaborate deception, no one will be worse off here than it already is in the stock pps right now.
Stay logical, keep your eyes peeled for more information.
GLTA
Yeah, pretty sure Charles and Chandra are keenly aware of that. Getting their products into final testing and volunteer trials is at the top of their list, and they are in final planning now to begin that in their new test market area. I don't think they want legal tie-downs to delay them either, both for shareholder interests as well as their own.
Trading maybe… and even less likely of a chance today or tomorrow unless it pumped with the holiday weekend coming up. Just saying…BTW legal battles won’t keep ENZC from moving up. It didn’t any of the last time(s)…
If you are holding out hope thinking Chandra and Charles care enough or are willing to go through years of legal battles to “take ENZC back” while they are busy pushing a new company (Adnexus)… I have a beach house in Overland Park, Kansas to sell you.. so gullible lol
LOL, OMG ... I GLOW posting why waste ones time , posting about a PINKY ! LMAO , to funny from the Mouth of the OTC PINKY POSTER.
SAGA is a SPAC not a company. They violated their articles of incorporation and should have begun the disbursement process when they missed an extension deadline filing and payment. In my opinion what you wrote does not apply to a SPAC. If someone can show otherwise, I would love to see it.
In case you didn't know, both of the Cotropias and Chandra have been removed from the company as of 3/25/24.
See Page 24 of the following link
https://www.otcmarkets.com/otcapi/company/financial-report/403184/content
The person now responsible is Steve Sharabura, Chief Executive Officer.
https://www.otcmarkets.com/stock/ENZC/news/ENZOLYTICS-INC-ANNOUNCES-LETTER-OF-INTENT-FOR-EXCLUSIVE-LICENSING-AGREEMENT-FOR-PATENTED-NITRIC-OXIDE-FORMULATION?id=441446
They can't claim $360 Million because the SAGA stock was delisted and as a SPAC the price was $10 - but this is odd because SAGA isn't trading on the OTC.
From a March 7, 2024 a SAGA Press release:
"The Company intends to work with OTC Markets to facilitate the continued trading of the Company’s shares on the OTC Markets."
But more bad news.
When a stock is delisted from a major exchange like Nasdaq, it typically takes around 10 calendar days for it to start trading over-the-counter (OTC) on platforms like the OTC Bulletin Board (OTCBB) or the Pink Sheets.
The process is as follows: After being notified of delisting, the company has 10 calendar days to file a Form 25 with the Securities and Exchange Commission (SEC), which is the official notification of removal from listing and registration. Once the Form 25 is filed, the stock is officially delisted and can begin trading OTC on the next business day.
The 25-NSE was filed on 04/09/2024 - so it is well past 10 days.
So much for the $360 Million in assets.
"Investment in SAGA shares: $360,000,000"
Actually the statement doesn't sense - ENZC is stating that they invested in SAGA stock and it is now worth $360 Million.
ENZC is headed for disaster.
IG
Agreed. Funny how these assets were not listed in the Annual Report when the transaction was stated as being complete last year. I'm surprised that they now claim them in the Quarterly Report and then try to pretend that SAGA is a separate entity that wholly owns VIRO and has returned BGEN to ENZC. SAGA announced the novation agreement through a source other than otcmarkets.com, but now SAGA and VIRO updates are occurring via ENZC's press releases. I know it's because eventually the ENZC shareholders may receive their SAGA dividend shares. I do recognize that those shares are now worthless.
Why waste your time posting about a pinky fantasyland pumping press release when you find nonsense like the following:
"Marketing will be managed through ETC Marketing, the recently announced venture formed by ENZC, focusing on licensing of products in the medical devices, nutraceuticals, medical testing and other wellbeing and safety product markets. As part of the relationship with ETC Marketing, SAGA is expanding its product categories from nutraceuticals, to also partnerships in the distribution of consumer medical devices and home tests for multiple indications. To fund this opportunity, SAGA is in the final stages for an award of a $25 million grant from an organization based in Tokyo, Japan with a mission to sponsor promising technologies and businesses focused on making significant global contributions to healthcare, science, technology and education."
SAGA isn't a company it was a SPAC or Blank Check company.
Cotropia is in pumping desperation mode. A LOI - waiting for a unnamed Japanese company to provide a $25 Million grant - this is the type of pumping to get the SEC’s attention and get suspended.
IG
Noted , but do not MIX UP that Enzolytics is Claiming. Harry Z is claiming Assets with Barry K and Steve S, they are the THREE STOOGES.
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I can not lead a "Horse to Water" all I can do is give what is disclosed on what ENZC OWNS , pgs 22 and 23. NO VIRO , NO SAGA , THERE ARE NO SAGA SHARES anywhere and ARE NOT REGISTERED by any BROKERAGE. THE SEC IS TELLING ONE THAT here.
--
Disclosure what ENZC owns, pgs 22 and 23
https://www.otcmarkets.com/otcapi/company/financial-report/403184/content
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SEC delisting SAGA and ALL SECURITIES (SHARES) from EVERYTHING, GONE !
https://www.sec.gov/Archives/edgar/data/1855351/000135445724000257/xslF25X02/primary_doc.xml
One should not depend on any OTC LOI as it is NOT BINDING. Harry Z as usual up to something here, on that recent PR today.
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FOLKS the bottom line is VIRO AND SAGA are NOT PART OF ENZC , Period , says right in the latest disclosure
Pages 22 and 23, just read it for yourself
https://www.otcmarkets.com/otcapi/company/financial-report/403184/content
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SAGA is NOTHING , there are NO SHARES in any BROKERAGE at this time, NASDAQ booted them , delisted, REMOVED , here is the
LINK from the SEC . FORM 25 FILED and CONFIRMED BY SEC, OFFICIAL
https://www.sec.gov/Archives/edgar/data/1855351/000135445724000257/xslF25X02/primary_doc.xml
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So WHERE are those Millions of shares of ENZC used in this transaction, YET TBD. All those statements being put out about ASSETs of VIRO,
are FALSE and SAGA is NOTHING< no Money , No Shares, NO NOTHING. Charles C is just all the pieces together and TIME WILL TELL.
--
How many times are ENZC shareholders going to fall the infamous Letter of Intent (LOI)?
This is more pumping:
"ALLEN, TX / OTC Markets / May 22, 2024 /Enzolytics, Inc. (OTC PINK:ENZC) ("enzolytics.com)(the Company)announced today that it has entered into a Letter of Intent with Enogenesis (ENGN) for the specific use of the therapeutic application of ENGNs patented Nitric Oxide Compound ( NOC)."
Real companies announce when a deal has been completed - only OTC scams post about a LOI.
IG
Abbreviating it to ENGN makes it easier to fool some investors into thinking that they signed a letter of intent with a NASDAQ biotech company. I didn't think they were the same, enGene is based in Canada. There may be no SAGA shares listed anywhere, but Enzolytics is claiming them as an asset. If ENZC owns $360 million worth of SAGA shares, then they must own some percentage of SAGA and its subsidiary Virogenetics.
I do not believe they are the same
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Here is Enogenesis from the PR , it is INDIA backed
https://www.enogenesis.us/
--
Here is EN GENE
https://engene.com/
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Different altogether.
--
Why they put ENGN as the symbol is TBD , yet the Enogenesis name matches for the CTO / CSO named in the article.
=============
There is NO SAGA Shares on any Broker NOW... Period .
WOW... Stunning Idiocy... How dumb are these people? ENGN isn't even the correct company! Here is ENGN's website, with different looking people than Enogenesis... They have different names and faces! Magic!
https://engene.com/about-us/
Does anyone know where to find that paper where Harry said he helped develop the recumbent clone 3. I posted about it about a month or so ago but it’s not letting me go back for some reason.
I think the Novation Agreement was announced by SAGA (posted on Yahoo Finance) and ENZC referred to it in the Amended 2023 Annual Report on Page 53, Subsequent Events, but I don't recall an ENZC PR about it. BTW, there is an inconsistency in the reporting of the "retirement" of the Series A Preferred as well. The full 60 million is still on the Balance Sheet, Statement of Changes in Equity and the schedule showing stock changes during the year within the report despite narratives describing how they justified the 9 million SAGA shares to management using an exchange of 46,800,000 Series A Preferred stock in September 2023:https://www.otcmarkets.com/otcapi/company/financial-report/401387/content
How can Enzolytics claim $360 million as assets from "Investment in SAGA shares" and not own any percentage of SAGA? These assets appeared in the current quarterly and were not listed in the annual report. It is possible that the failure to list SAGA was just more sloppiness by the preparer Camelot Nevada Trust (Kelli Austin). Its interesting that they shorten the name Enogenesis to ENGN. ENGN is the ticker symbol for enGene Holdings Inc. that is a biotech company trading on NASDAQ. I don't believe there is any connection between the two companies.
Agreed, it clearly states on the disclosure that ENZC , has really nothing to do with VIRO or SAGA as stated. How Henry Z , is taking that ENZC is connected is yet TBD, but one has to think Charles C . has picked up on that. Time will tell.
Just hoping that whatever attempt is made by 3C doesn't end up having to resort to a lawsuit. We've seen with Savov and then the SAGA mess how long and drawn out that can be.
I guess Sharabura is trying to move ahead with his new model of being a reseller and distributor of other people's products. This is ENZC licensing the rights to sell ENGN's products and maybe combine them with some of Harry's stuff later. It's not ENGN licensing Harry's failed ITV-1. Well, gotta' say it sounds better than his used medical devices catching rust in an old warehouse.
And I don't get too excited over this, maybe retail day-traders give us a decent spike, but ENZC's 'nutraceuticals' suck, no quality or sales there.
I take Metformin myself, for a light case of Type-2, and with insurance it's practically free to me all year long. Why pay more for an untested NOC version of it? I sure don't see the market target for something that costs more and also costs more to make.
Sounds like fluff to me, go CCC on your takeover plans...
GLTA
Yeah, I have to agree, but for whatever reason, the CCC gang don't seem to think regaining control will take too long. I'm not sure why, but I hope they're right.
I'm hoping Harry runs out of funds, which looking closely at SAGA, is highly probable. In that scenario, he can't fight back against Charles at all. I think Charles already has the legal papers ready, some probably privately filed, but we won't hear anything until a court date is set, OR, a new voting structure on awarded and returned shares concluded. The latter is far preferable. CCC could take right over and push the operations back into high gear.
Personally, I think Kostiner will be on the run, and booking space at the Bulgarian Embassy's homeless shelter right next to Zhabilov's cot. Plenty of risk still involved, Harry could bankrupt the thing and ruin the stock shares, but he's probably too greedy to give up his shares in it as his worst-case-scenario plays out.
GLTA
So Harry is still trying to push ITV-1, though we now know it failed toxicology tests and is basically worthless. The rest of the supplements like IPF were already a joke.
$ENZC , NEW PR out today from Harry Z . Seems like he and Barry K, are taking the SAGA and VIRO "marriage" forward using Harry Z 's patent on this new adventure . One can only guess how SAGA went from a SPAC Blank Check Company to what they are describing now. One thing for sure all those previous SAGA Shares and structure are long gone and those Shares are going back to the Three C's.
--
In any case here is the PR , read for info .
https://www.otcmarkets.com/stock/ENZC/news/ENZOLYTICS-INC-ANNOUNCES-LETTER-OF-INTENT-FOR-EXCLUSIVE-LICENSING-AGREEMENT-FOR-PATENTED-NITRIC-OXIDE-FORMULATION?id=441446
--
Interesting now though ENGN (Enogenesis) is an India Pharma Company and is REAL.
https://www.enogenesis.us/
--
More to Come . Remember in the lastest disclosure PAGE 23 , it SHOWS what ENZC owns Biogenysis (and other) , NOT VIRO OR SAGA . IMPORTANT , clearly shows Harry Z on his own moving ahead on HIS OWN.
https://www.otcmarkets.com/otcapi/company/financial-report/403184/content
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More to Come from the Three C's.
If the 3 C’s can actually get this taken back and Harry and the other shady characters are gone, I’d be 100% back in this, and for more than I was initially in 2020. Always felt Harry was the one holding things back and preventing some potential partnerships. Just seems like this whole process, if it can even happen, is gonna be a long one. High risk still until we know more.
Hey Timing, this is exactly how I read it too, plus the advent of SAGA shares having to be returned. I still would be hard that Sharabura is already gone into the sunset to find another do-nothing job.
Used bedpans rusting hard out in the yard.
$ENZC , NOW back to Pink Current Level on OTC Markets , which is good , however little reaction to that at open . (see link)
https://www.otcmarkets.com/stock/ENZC/profile
-
Also note still STRANGE Steve Sharabura is NOT on the OTC Profile as CEO yet , although others have changed. There is still
per the last disclosure , documented items where the 3 C's are disputing shares , plus where Charles C is owed another 600,000 shares
that "somehow" got misplaced and those are preferred or Voting Shares. Page 49 States being Corrected for SECOND QUARTER, so CHarles
has something going on and is in the MIX. Not Surprising , Long time Attorney , taking on Harry Z , Plus the Attorney (Charles) has the past few years
of ALL THE HISTORY , Harry Z is really nothing against Cotropia .
Page 49 QUOTE of the Disclosure
"The issuance to Charles Cotropia should have been for 600,000
shares subscribed and paid for. This error is being corrected in the second quarter of 2024., "[/b]
See pgs 11 and 49
https://www.otcmarkets.com/otcapi/company/financial-report/403184/content
----
This is not over yet .
I tell you what they were good at They ran this stock into the ground.
The document I'm referencing is the "Quarterly Report For the period ending March 31, 2024" prepared by Camelot Nevada Trust (Kelli Austin).
The math checks out, $450 million - $90 million leaves $360 million left for Enzolytics. This explains why under Current Assets it lists $360 million from Investment in SAGA shares on page 28. The point was the transaction should still have been listed on page 23 as $450 million not $360 million. This filing does mention the novation agreement but fails to state the revised number everyone here is using. Where was the novation agreement announced? I don't recall seeing a PR from Enzolytics about it on otcmarkets.com. On Page 23 they do claim "The Company is 100% owner of Biogenysis, Inc".
Page 23
JMHO: The total sale in 2023 was for 45 million SAGA shares (now revised to 29 million by excluding BGEN form the sale, but that is a 2024 event):
Mgmt- 9 million * $10= $90 million- taxable to individual management b/c they (instead of ENZC) each owned 10% of the subs after the Series A Preferred exchange
ENZC- 36 million *$10=$360 million-reportable by and taxable to ENZC
Total- 45 million * $10=$450 million
JHMO:
Who at ENZC thought a taxable sale was a good idea??
IMO, Harry should let SAGA die or opt out of it. IMO, he's controlling SAGA through Kelli Austin.
Maybe he's got some Bulgarian money committed for the PIPE and wants to see it through.
The valuation of the SAGA shares will be key for tax determination, IMO, if he doesn't opt out.
If he does opt out, that means the CCC group has a path to take control of ENZC again. However, Harry may be setting up to keep control by claiming that the CCC group gave up their Series A Preferred in exchange for 30% of BGEN stock, but if so, there's a conflict in ENZC reporting 100% ownership of BGEN due to the Novation. So, we'll see what happens.
In the same document, page 32 states $450 million. "The sales transaction was valued at $450,000,000" It's odd that page 23 states $360 million. "in a stock transaction valued at $360 million" The $90 million difference does line up with what the board members were to receive. It is probably just sloppiness on the part whomever wrote the PR to reference the transaction that occured September 18, 2023 with two different transaction values.
until we get good news from legit sources thsi is going down 10% a day .Who in their right mind is going to invest in this piece of shit?
I believe it was originally 360million to ENZC after the 4 board members got their shares from the 450M total.
The 290M is just for Viro, and who knows what happened to the SAGA shares that were supposed to be traded for the Preferred A ENZC shares. That is probably the biggest question mark right now.
Yeah, you are right, it was originally $450 million last Fall, and when BGEN left, it was allegedly reduced to $290 million for ENZC and VIRO alone, so you found the $360 million, who knows where the fictional merry go round will stop?
$ENZC So many questions on the LATEST 5/20/24 Disclosure. Obvious disputes going on between Harry and the Three Z's about shares pg 11. Charles C owed 600,000 Preferred C Shares being resolved, PLUS much more listed here. Lets see where all this goes ! NOT OVER
https://www.otcmarkets.com/otcapi/company/financial-report/403184/content
T1.all.said,.Argentina.,MM.BBAR.shows.up..@ask.04.,shows..new.seller.holds.shares-to consider
The sooner the better!!
Thanks to those that responded, agreed Charles C put in More than $100k. Just clarifies that there is more to come here . Documented
Yep, I was right there with ya, Mutat!
(Enzo and the other one)
Yes he did and it was around .19 at that time. We need some type of update that holds water not fluff from Harry . GLTA
Found the $360 million. It's on page 23. It's funny I thought the deal was valued at $450 million at the time. I must have missed the PR about the change in transaction price.
I thought I remembered that as well, but didn't have a link to it so I didn't mention it. The point I was trying to make was that according to the filings he has/had his own money in this.
I believe he bought $100k of common shares in addition to these preferred.
He definitely still has a stake in ENZC's success.
I'm seeing at least $300,000.00 according to page 19.
Quarterly Report is posted.
https://www.otcmarkets.com/otcapi/company/financial-report/403184/content
Means nothing. That’s pocket change for someone with his wealth. We’ve seen the mansions lived in / for sale. That’s like any regular person dropping $100. He prob believed at one point when he dropped that $100k here they were going to succeed, like most of us did.
One thing to remember and it is documented , is Charles C put $100,000 of HIS OWN MONEY at one point into ENZC. Charles is not done here, by any shape , fashion or form. More to come .
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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."_______
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