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We should not have to try to figure things out. Management should be clear with their shareholders.
It’s almost as if they are misleading on porpoise, they need to quit floundering around and get the show on the road. (Pun intended).
I made nice bank trading this one the last few years. But it’s really fail in to the gutter lately. Good thing I found I G P K!
Good Luck and Happy Trading!
Does anyone have any idea why the PPS went up 18.18% today?
It might be. Have you gone to the Mab tech website yet? Looks like Joe in the ENZC lab at TAMU. To my knowledge, nothing has been said about CC or Joe resigning from BGEN.
You are a fool. Chandra is a corrupted pos
My bet is on Chandra as far as thinking about shareholders and doing the right thing. He seems like a person with high morale character.
I would say that the lawsuit holds any of that up until that is finialized and settled. If they didn't not file the extention as claimed the SPAC was then ended before the deal was inked as they stated , Are they paying the extension fees each month since Sept because they were asking for extension thru Nov 2024 so why would that be needed for a deal completed in Sept. Their own lawyer admitted that they did not file or deposit the required money in a timely matter. So again things dont ad up on their end. I know DESPAC takes time but we never saw this process officially happening in filings , NASDAQ delisting was an issue for 180 days that they didnt do anything about and still haven't or they would be relisted that was the pathway to trade on NASDAQ for the subs. Again showing some very shady crap was being done.
Docsetc, Thanks for traveling to TX A&M next week (?) i think you have your work cut out for you when you are there. Be gentle with them and ask easy questions first to get them warm up to you (assuming they let you in their office door) . You may have to bring a dozen of donut to the lab technicians there. Make sure you want to say hello to Harry Z and Charles if his office is still there
Forgot who said, "maybe you'll find BGEN and/or Mab Tech on the door signs at the TX A&M labs." That would be the best result of all of this we could hope for.
Can't hurt at this point Have a great night Hopefully a sqeaky wheel gets the grease one way or the other. I believe we were on frauded by their misleading statements we did our DD based off their PRs and statements The peanut gallery has been silent lately funny how when facts turned into reality crickets. Have a great night hopefully some will take a few minutes a fill it out with what they is the issues they have with both companies handling of the SAGA deal and related issues with the directors and their rule in this. Hopefully people dont treat it as a venting letter but stick to the facts that they have released to us or should i say the lack of it for a deal that was completed Sept 15 2023 as they stated
May be a BS tweet. The SEC will disregard most PINK:OTC business dealings and complaints, but if $10M did change hands and the ENZC stock value ended up in a company that will report, they can take action and will.
And there are several cases of Pink stock abuse that the SEC and local state authorities took action. I had posted 2 of them on this board in earlier times.
Most OTC:PINK complaints do go neglected by the SEC, but not all.
From the last PR and what Steve said, it is likely that the deal has gone through in their eyes or accounting books (maybe not recognized by the SEC, or at least not yet?). I dont know why they need a consultant who, by the way, could be an accountant to help with the book?
Someone said Charles is still on the ENZC board, but Chandra wiped out all his ties with ENZC. Does that mean Charles still think about us shareholders ??
If SAGA deal has gone through (again, in SAGA and ENZC accounting books) then they will need to execute the dividend shares, and Charles and his wing man, Chandra, are being directed by SAGA to do this. The best way they know how to do this is to form the new office home companies to get things going in hurry to race to the NASDAQ. Charles is 80 and he does not have many years left and he wanted to see things come fruitation? his "promise" to ENZC shareholders ??? I suspect shares related to the subject IPs will fly high as soon as they hit NASDAQ.
We ENZC shareholders are still in the dark, maybe not totally in the dark, but in a shade, and are still figuring things out.
Beyond the surface Val, if ENZC does not own BGEN by virtue of the SAGA deal dying, and it was set up before the alleged SPAC deal, then all officers of ENZC at the time are guilty of major anti-shareholder fraud operations. Major crimes on any exchange.
https://www.sec.gov/oiea/Complaint.html
https://help.sec.gov/s/
Investor Question Form is what i used
Been 4 for me too , was just stating the major fluff has been 2.5 years of stating trials, partnerships , WINNING , Africa , ect..
Got a link? I'll put one in.
Believe me, as many as I can.
GLTA
2.5 years? Been 4 for me, a bit longer actualy.
By business ethics, you may be right and should be right, but with legal options on Pink stock companies, it's all about the specific court and judge you draw.
DRHUMI 's post suggested that Charles and Chandra are doing this for us ENZC shareholders who, according to Steve, the new interim CEO, stated in the last PR that we shareholders will get our cut of dividend shares once they hire a consultant to help
If the deal did go thru why would we need a conultant to help with dividend , its issued and appears in your broker account based off your % held
If the deal wasn't complete their is no dividend to issue
With the dream team starting their companies , their is no ties to Enzolytics , and as many stated their is hard feels with Harry why would they then give back to Enzolytics
I am hoping for a better outcome then we are currently at , a good pump and I think we will have an exist point not what we thought 4 years ago but better than we are at.
I had a sell order in at the bell opening , then cancel and waiting to see a filing , I am glad I canceled it before going out with it atleast going up today the sell was 1m at .0045 again glad I pulled it back . Filing and a PR will hopefully put a light on something . GLTA
I would think until the SAGA lawsuit is settled , the 10M will remain in the trust and then refunded once the issue is resolved in court. Remeber 90% was already returned when some of the investors pulled out. SAGA has no PIPE if it did I am sure that thoses investors left would have been showed the committed 450m funding and what that investment would be funding AKA the technology the 2 subs had to offer and would be proof that they actually have the goods. Instead we have silence and removals of directors , new board members , and departing and resigning key players from multiple companies. We need some actual filings from Enzolytics with some meat on the bone and not the fluff we have been fed for 2.5 years.
If the IPs belong to SAGA, can Charles and Chandra go off on their own to found their own home office companies unless they have been directed by SAGA to do so? Are Charles and Chandra doing this for us shareholders as agreed by Harry (must be?) or they are doing this for themselves?
If the IPs dont belong to SAGA (because the deal fell through), are Charles and Chandra still doing this for us shareholders as agreed by Harry (must be?) or they are doing this for themselves?
DRHUMI 's post suggested that Charles and Chandra are doing this for us ENZC shareholders who, according to Steve, the new interim CEO, stated in the last PR that we shareholders will get our cut of dividend shares once they hire a consultant to help
Maybe things are going as planned for ENZC shareholders, but unfortunately the SAGA delisting caused by negligent SAGA management prompted or casted doubts in us and fed fuel to the bashers to beat the stock PPS down so their boss can buy in at cheap price??
Your post and mine are saying the same thing but i diagnosed the matter a little further
The IPs must be worth a whole lot, but some posters repeatedly stated they are not (for their hidden agenda)
I think if investors start filing the same issue with the SEC they will look into it, mine was filed about 2 hours ago . Not alot to it just have their contact info address Barry K and what your complaint is mine was on the deal, the fact of delisting from NASDAQ, the PR's related , the hype from the Doctor over the years . You can pretype out your complaint and copy paste it 5000 characters so plenty of room to site examples ect// If things were on the up and up the lawyer CC would have stated it before he ran off. As he was to be the best and honest and have the shareholders interest if so this SAGA deal was not a NDA and could have been better described to us, and then radio silence when they get delisted official and then gone from ENZOLYTICS. I still think they will lose the lawsuit and whatever is left will be returned but will it have any value left in them probably not. It is not being traded as a 450m (+) dollar company currently that is for sure. GLTA
That’s the way i see it. Let’s hope Harry has someone to buy us out. I will look forward to investing with Charles and Chandra in their new adventure when they go public or before.
Nice catch! I was hoping to bury the SPAC fraud related case by making it my third sentence and the first case I listed. I should have known I couldn't slip that by some of the savvy investors here. I never stated the Mergenthaler v. Zimbler case was about the SPAC. There was a summons issued in that case on the 11th that lists Charles, Harry, James, the subs, etc. From what I have seen of the case, I don't think it is "money collection" from a debtor. Mergenthalther is the main plaintiff in that case. What money was there when SAGA was delisted? The $19 cash? I would think that was used for legal fees or towards the NASDAQ delisting appeal. The GLD case is about the legitimate SAGA shareholders trying to not get screwed.
Charles is very good at his job i would think he covered his bases knowing Harrys past.
For clarification, the 3 PCT patent applications by joe Cotropia and Dr. Chandra previously recognized by ENZC are owned by BGEN by virtue of the assignments executed in 2022 and 2023 (before SAGA was ever mentioned) by those inventors. To my knowledge, ENZC did not share those assignments publicly until they were attached as an exhibit to the BCA with SAGA. Given those assignments, removing the IP from BGEN would be difficult, unless the assignments are defective, or Harry agrees. JMHO.
So, two questions are... Who owns BGEN...because that's where the IP should be? ENZC or SAGA? And are there any agreements between the Cotropia's and Harry? JMHO.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174251719
Correct, the internal problems were clearly going on for awhile. Companies don't hold board meeting to vote out the old CEO if things are going well, followed by the other main company exec declining a CEO position and then resigning all positions in both the company and sub, then scrubbing his professional profiles of all prior company info. Charles and Chandra as well as the assets most of us invested for are gone from ENZC. Just the reality of it.
"https://www.courtlistener.com/docket/67807413/26/mergenthaler-v-zimbler/"
Since the case plaintiff, Mac Truong, is a debtor, I suspect this has to do with money collection rather than the SPAC fraud related case
What I want to know is what about SAGA shareholders and money when SAGA went delisted. SAGA shareholders got screwed too?? isn't there a lawsuit somewhere filed as well?
It does not hurt to file a complaint with the SEC about concerns of fraud. I would not expect them to do much about it as the NASDAQ has already taken action by removing SAGA from being listed.
There is currently a case about what happened with the SPAC.
https://www.courtlistener.com/docket/67985445/gld-partners-lp-v-sagaliam-acquisition-corp/
There is also another case that lists Charles, Harry, James, and both subs.
https://www.courtlistener.com/docket/67807413/26/mergenthaler-v-zimbler/
A class action lawsuit sounds good, but they don't have any assets. Someone would have to fund the lawyers and then prove that it was intentional fraud and not just incompetence. The way the company is being run there is a good case for the defense of leadership incompetence.
There is a lot more to this than meets the eye and it didn’t just happen on the spur of the moment.
That’s good way to get a CE slapped on this thing by having a large group of shareholders reporting to otcmarkets. lol
The way this can work is someone like yourself or a group of us or an attorney (i am hoping one of us here is a lawyer) from this board drafts up a letter. Circulate the letter to only posters that you know will co-sign the letter and send the letter to OTCmarkets and to the SEC. Hopefully they will assign an investigator to look into the matter. I have seen this work successfully with another company. i was a shareholder prior to joining Investorshub
I think it will work because the "fraud" (if there was one) happened before, during and after SAGA which was a SEC regulated company before it got delisted (intentionally or non-intentionally).
If DRHUMI is correct, then is no fraud because Charles and Chandra are doing something for us ENZC shareholders from their personal home office and to take the two subsidairies to SEC which SAGA and ENZC shareholders will eventually benefit. Charles, if I have been told here, is still on the ENZC board???
You or someone else like mutat or Bonnie mac or DRHUMI should give us an email address so each of us long term shareholders will reply you with our own personal emails for you to forward the letter for co-signing the letter. We dont need someone who constantly bashing because we shareholders do not know their real intention are especially when they no longer own the shares
That is why you file it against SAGA and the SPAC a NASDAQ listing at the time . Do what you want to, doing nothing will give you the same result. Wether it helps or doesnt it doesn't hurt to type off a form , rather than post here about what can or can't be done . again not fighting with anyone just doing something positive than bashing everything and everyone. If anyone listen to a screen name on X telling you , you can't I would rethink it , you are free to do what you want to do. GLTA
Good call.
Maybe DRHUMI has a point
Did you miss Chandra removing all aspects of ENZC and BGEN from his LinkedIn as well as the company PR last week stating he resigned all positions in both entities as well? Come on…
One of the twitter regulars actually tweeted this week that they had emailed the SEC with proof against Chandra and ENZC AND everything that occured here and they said “go find a lawyer”. The SEC doesn’t give two shits about non SEC reporting companies in the otc and never will. Pointless road to waste anyone’s time going down.
Just because they are off some media sites doesn’t make it official. They are part of a corporation you just don’t quit they are more to it than that. Check the state corporate status where they are incorporated.
I have 3,437 posts (most of them were for ENZC) here since 2019 that is five years and I know most posters on this forum and user IDs and intentions. Maybe not everyone but more than I wanted to
File a complaint to the SEC to look into SAGA and Enzolytics name Barry Kostiner , CC and the doctor. The issue is Defrauding investors the shady deal , the creation of shares out of thin air, the lack on transparency on the deal, the law suits of the deal, mention the delisting from Nasdaq , and lack of response when emails , letters , and calls were made to both companies point of contacts. Also mention all the doctors hype on X, and all the PRs saying trials ect which is on Enzolytics own websites. Your choice if you want to draw attention to this deal and maybe get some help from the SEC if they can help. GLTA
You truly have no idea how any of this works.
Btw, I’ve been on this site for 4 years and average 4 posts per day site wide. I guess in your delusional state, 4 and 25 are about the same number of posts per day. Lmao.
Dude, are you serious. They are both gone and there’s a mountain of evidence to confirm it. It’s unreal how some here just can’t let go.
You are truly delusional.
Well, both have removed ENZC from their linkedin profile.
Wouldn't that imply they are not there anymore?
If the SAGA deal is still intact, then Charles and Chandra cannot take the Clone 3 to their new company because the technology is now belonged to SAGA
.....unless SAGA asked them to because SAGA has no clue what to do with the patents ? Maybe DRHUMI is right, Charles and Chandra are doing this for us, ENZC shareholders and the dividend shares ??
Now this would be a nice twist, and everything has to be kept in secrecy because there is way too much competition from other pharmaceuticals and whatever else
Charles and Chandra is still with ENZC they haven’t left. As long as they are there and this deal with SAGA does happen we might see dividend shares. This is a guess until we see it in a PR.
That is why our lawyer will prove that Charles took our invested money to develop Clone 3 and open up his own company. Clone 3 and whatever else belonged to ENZC would belong to ENZC and shareholders. We need to show the laywer our shares in ENZC.
An injuntion to be issued to Charles and Chandra and stop their progress
Assuming we shareholders here come together and hire a lawyer or maybe one of us shareholders here is already a lawyer who can help?
is Harry Z and/or Steve going to do anything about this? We need to know what ENZC plan is
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
Plano, TX 75074
972-292-9414
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