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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.
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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
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Interesting now though ENGN (Enogenesis) is an India Pharma Company and is REAL.
https://www.enogenesis.us/
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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 .
Maybe Harry is trying a last-ditch maneuver, but I'd doubt that at a .003x stock pps base. Maybe the CCC bunch is working with them to stimulate more interest in buying shares on the retail end of things. I do know one of the CCC initiatives involves something that could be connected with this new MM choice.
If this new Argentinian MM sticks around, I'd suspect they may know something from the same source we've had recently. (wink-wink) I'll add it to my questions list.
GLTA
Yeah, I'd bet they're floating bad paper through 12/31 and up and until 4/1/2024, if not currently. VIRO was at $290 mill project, with no product to speak of, and SAGA having no cash on-hand, and lawsuits piling up.
But they did discuss about a $70 million cash transaction for more capital input in a PR last Fall, so I figured the lawyer-by-email just tossed a nothing-burger up as a representation letter they'd not be legally responsible for.
ITV-1 failed some toxicology tests, the SAGA deal has no money in it, and is pretty much dead even in some folks' imaginations now, so VIRO has less than nothing. That entire attorney letter is junk. BGEN is gone, and the CCC gang hold the IP and two new companies at present.
The stock holdings are all that is left of ENZC, used medical equipment resales sure won't go far, and I think Sharabura is already gone. So, I don't see the CCC gang having any issue being able to move more financially than what Harry has now, with many coming after him. I just have a feeling, for a rare occurrence, the chatter on this PINK risk is coming true, and that ENZC won't be Harry's much longer.
I don't think he can even pay an attorney right now to put up any effective fight.
Even if Charles was a poor attorney, he'd still know an easy target to win on. I don't think he's a bad attorney, I just think he was not a great CEO. To let the downward spiral go this far just because of Harry's involvement, makes me wonder and be concerned about risk here again. Maybe they've learned. Definitely a lot to answer for, if they ever have another ENZC Q&A with the stockholders again. Thanks for posting all of that.
Today I had a stock run to a 268% gain I reminded me of the day ENZC started that epic run. I miss those days hope the C boys can bring it back again.
T101.. interesting a.new MM .with.shares. on ask' to sell and that is one more. to watch
I thought the VIRO sub was only valued at $290 million, I could be wrong on this. VIRO only had $19 cash-on-hand if I remember correctly. That was before the GLD lawsuit and the NASDAQ delisting challenge.
I am not questioning the credibility of the attorney. I do question why they used unaudited financials instead of the audited financials. I don't see how the attorney would be held accountable for this opinion if anything is incorrect.
Just an interesting note. Have never seen Market Maker BBAR (Argentina Bank Based) on an OTC ticker in the past much less ENZC now on Level 2 on the ASK.
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Just strange is all.
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BBAR|Banco BBVA Argentina S.A. ADS|N| |N|100|N||BBAR|BBAR|N
Completely agree. There will be a lot of total-crap activity that will have nothing to do with ENZC's survival, or actual business operations, if it comes from anyone on Harry's board or Harry himself. I imagine Sharabura has already flown the coop.
A lot of folks are filing written complaints to the SEC right now, naming Harry, Kelli and ENZC in general. May not result in anything, but it's now in the SEC system so who knows? Harry will hear about it with an SEC notice, probably no action, but he'll get a notice of a possible, official inquiry. That's how the SEC handles all numerous complaints against a single, publicly traded company, even if the company is in the PINKs.
IMHO, nothing is ENZC news until we heard from the CCC Gang or one of their current entities, Andexus and/or Monoclonal Antibody tech. Let's hope it's an unveiling of a new-old ENZC management team. I suspect we may have a new fiscal quarter of corporate-shakedown 'hanging-on' coming up. I hope they're farther along with this.
T101..note./also.see.otcn.a.short.before.and.a.seller..in/out.+puma-usualyl.a-trend.signal
This then would take a imagination to buy and not see a decline strategy
One opinion adding on to the red flag issues you present
Just some notes
---
1. The attorney office address is a MAILBOX location in Ohio. says a lot there, but shows multiple OTC accounts they handle
2. The Accountant in WA, has a verified office building with their sign and also handles multiple OTC accounts
3. I still find it strange that Steve Sharabura does not show on the OTC profile anywhere, while other names have changed.
https://www.otcmarkets.com/stock/ENZC/profile
4, Why that Kelli Austin shows as a CONSULTANT on the OTC profile is really painting a picture of how Harry has his puppets doing things
5. That entire PR article , is subjective all the way through. The one part where Barry K , Talks about the partnership with Dr. L. Ivanov who shows
now holding various positions on ENZC Board of Directors is one of the biggest red flags around. Plus taking about products with SAGALIUM ,
which is virtually non existent and was a Blank Check Company to begin with . All False statements, amazing .
https://www.otcmarkets.com/stock/ENZC/news/Enzolytics-Inc-Announces-Formation-of-Marketing-Company-in-Partnership-with-Third-Coast-Fulfillment?id=439160
6. Ever since Barry Kostiner showed up , Said RED FLAG BEWARE. also stated then he showed as another CEO on an OTC ticker LEAI. NOW check this out LEAI , has gone from OTCQB (upper Tier) , DOWNGRADED all the way to PINK LIMITED, SEC DELIQUENT see here .
https://www.otcmarkets.com/stock/LEAI/profile
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Lets see where this goes , but Harry Z has backed himself in corner here. I do believe that the SHARES will come back in some format with the 3 C's (they have not sold any per comments and there is no indication anywhere) into play very shortly here. How OTC Markets moves next , making a decision on going back to PINK CURRENT may open the door to some next moves.
KoP seems to feel as I do, but I have to admit, there's no evidence yet, or KoP would have published his alleged SEC letter(s).
I plan on making another outreach attempt by end of week. See if any disclosure can be made without giving up moves on the Chess Board.
There has been no movement for 3 or more weeks on Monoclonal Antibody Technologies, Inc., nor BGEN, nor ENZC, nor VIRO, nor Adnexus Technology, Inc. There has been some behind-the-scenes activity to be certain, and that has not stopped.
Staying optimistic, but just barely.
I have received my second email from the @SECGov. I believe they are looking into what appears to be criminal and fraud activities happening.
— Scott Crawford (@ScottCrawfordKS) May 16, 2024
I believe, like most hack attorneys for PINK stock companies, he valued the SAGA deal as it was on paper, it (the attorney letter) the amount about matches their promise of the VIRO sub only, plus estimated cash-on-hand at SAGA, which was probably already spoken for, 3 or 4 times over.
Just imho, I believe this attorney letter was pure BS which he can't be sued for, since as the attorney, he can legally parrot his client's claims, pre-audit results, without fear of prosecution by anyone.
I don't think we saw any legit PR's since it hit the fan in late March. Probably the last half-accurate PR, by my estimation, was back in July 0f 2023. (Notice I said, "half-accurate").
I just hope the CCC gang float a big announcement soon, and that all IP's remain wherever we've invested in them.
GLTA
Can't hurt, but I'd strongly believe at this point, that this is Harry's new lawyer and accounting firm, that may have already terminated or reduced operations with ENZC due to non-payment. Both are hire-by-online-services, very small offices by individuals who work with small businesses. I suspect Harry reached out and contracted with both parties so he could mess with shares, money and incorporation by-laws. Probably from page 1 of his frantic web-search.
They could already be gone by now, or ready to jump ship once legal actions get landed on Harry's desk.
GLTA
From the Attorney Letter:
Maybe so, but I was just posting to point out the difference in the application numbers. Everybody can make their own conclusions about the status of older IP. I don't know if Dr. C's post gave us any clues about that or not.
What you said is worth repeating:
I just became aware of the tj24 post that I reposted this afternoon & have had no time to research character or characters involved in this development.
Post any & all pertinent information you have to show Fruci otc client scams & the same with Morgan Petitti as you claim.
Iglow needs to save the suckers buying up igpk right now lol
Check out Fruci and how many OTC scams they have as clients. They might be the next Borgers. They a number of companies on the Expert Market.
The same with the Securities Counsel -Morgan E. Petitti.
Nothing to brag about.
I see HUMBL changed from Borgers to Fruci.
IG
Look at my history when I have these OTC scammers down and I keep my foot on their throat until management moves on - or the stock is suspended.
ENZC isn't a large enough scam for me to waste my time to put together a 25 to 50 page report to send to my contacts to the SEC.
Shareholders haven't lost enough money - the smart investors have cut their losses and moved on.
IG
Why are you I Glow here. What is your motivation? I still can’t figure it out. The pps at 003 very little down left.
FWIW: Many may have already seen this post this month by TJ24 concerning an atty with ENZC. Morgan Elizabeth Petitti in Ohio.
TJ24
Re: None
ENZC's securities lawyer is Morgan E. Petitti.
Her contact information is as follows:
118 W. Streetsboro Road
Suite #317
Hudson, OH 44236
330 - 697 - 8548
pettitilaw@gmail.com
sources:
https://www.otcmarkets.com/stock/ENZC/profile
https://www.otcmarkets.com/financialReportViewer?symbol=OSCI&id=376096 (page 15)
Friday, May 03, 2024 11:29:04 PM
Post# 197894
of 198169 Go
ENZC's accounting firm is Fruci & Associates.
This firm's contact information is as follows:
802 N. Washington St.
Spokane, WA 99201
509 - 624 - 9223
877 - 264 - 0486
mail@fruci.com
sources:
https://www.otcmarkets.com/stock/ENZC/profile
https://www.fruci.com/contact
I strongly suggest that we flood the lawyer's phone and email inbox stated by TJ24.
Just tossing a guess out here Val2, but since animal application testing were the last operations going on in the A&M labs before they were suddenly shuttered in late March, I'd bet the paperwork on the animal applications are just now getting finished and will be submitted independently of this notice and past filing notices.
Just a hunch.
GLTA
Chandra's also pushing Monoclonal Antibody Technologies too, and valued patents that still hold ENZC interests natively.
The probabilities lie against your conclusions, and those of us not cultists can see that. We also see the risks inherited with this situation.
You're not reading closely enough, and you're scooping up more shares as you rant on.
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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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