Legacy EJY Inc. (fka ENJYQ)

[Renee]

ENJYQ: BK PLAN effective. All shares (and warrants) cancelled.

https://otce.finra.org/otce/dailyList?viewType=Deletions

[night diff]

Ok thank you

[trader59]

No matter, the shares in the Legacy company will be cancelled per the re-organization plan. They sold the company, and the plan of reorganization (docket # 504 or Delaware Bankruptcy Case 22-10580) says they'll be cancelled (page 38) once the plan goes effective. Once that happens, shareholders will have lost their investment in this company.

[Renee]

Yes.....all shareholders retain the exact amount of shares. The Brokers will effect the changes before the market opens on monday.

[Renee]

The changes are not effective until monday, Dec. 5th. I submit the changes to Admin. after the market closes so that I-hubbers can adjust to the changes before they actually occur.

[night diff]

Will i have shares in the new symbol?

[night diff]

The link just brings me to the site but when I put in the symbol nothing happens? What am doing wrong

[Renee]

ENJYQ: effective Dec. 5,2022 Enjoy Technology Inc. will change to Legacy EJY Inc.:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[Randylus]

10x commons and 20x warrants or bust 💸

— Randylus (@randylus) August 14, 2022

[Randylus]

https://www.reuters.com/legal/litigation/judge-approves-asurions-110-million-purchase-enjoy-technology-2022-08-12/

[Deuces]

Looks like AT&T won the bidding for Enjoy......

[Big Mikes]

(this gives good hope for the rise of $ENJYQ... fingers cross)
Enjoy is now poised to be taken over by Asurion — a provider of electronic device insurance and repair services headquartered far from Silicon Valley in Nashville, Tennessee — after it provided a $55mn loan to help keep the lights on at the company during its bankruptcy.

https://www.ft.com/content/a7a7b073-123b-4ec9-a45a-d6df4d530f46

[Big Mikes]

(this gives good hope for the rise of $ENJYQ... fingers cross)
Enjoy is now poised to be taken over by Asurion — a provider of electronic device insurance and repair services headquartered far from Silicon Valley in Nashville, Tennessee — after it provided a $55mn loan to help keep the lights on at the company during its bankruptcy.

https://www.ft.com/content/a7a7b073-123b-4ec9-a45a-d6df4d530f46

[Randylus]

What if Asurion Tech Repair & Solutions™ goes public through this ticker?

Asurion has agreed to provide $55 million of financing so that Enjoy can continue to operate as it reorganizes in bankruptcy protection from creditors, the filing said. Enjoy expects Asurion’s bid will be sufficient to pay all of its secured and unsecured creditors.

[jdp2000]

Now 12 cents

Got as high as .15. Will sell at .75

[jdp2000]

Will buy today

Hopefully at .09 or lower !

[jdp2000]

Way more assets than debt.
Load zone now.

https://www.csbankruptcyblog.com/2022/06/articles/recent-developments/new-chapter-11-filing-enjoy-technology-inc/

[Nazirite]

Any DD on CEO and path forward with this?
I got to think someone with his experience will bring this company forward and back to being listed on big boards

[Renee]

ENJY changed to ENJYQ, bankruptcy. Delisted from the Nasdaq to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

[Nazirite]

$ENJY very cool business to provide free IT help with a delivered to your door devices sales company. To have a supply rep show up at your house and setup the device for you. In multiple countries to even meet the needs of the corporate traveler providing a replacement device.
I am sure this will list again soon on the big board, IMO.
I am sure we will hear a lot from this CEO and how they are executing their plan for global service.
Great sales marketing.

[willlbone]

Bull trap.

[Zardiw]

#DDAmanda Chart on: $ENJY :

You can scan for these before they run.



#DDAmanda is still the best way to find #WinningStocks before they run.
Contact/Text: 760 702-2009

What the Fact (Factor) Column is:

The Factor is a proprietary indicator used for scanning in #DDAmanda.

It's defined as Today's $Traded divided by the average daily $Traded (20 day avg).

SO, if a stock has say a 10 Factor that day, it means she traded 10 Times the $ she normally trades.

That's significant, and many times indicates that a run in the stock is coming.

Z

[Zardiw]

Rarely..............

Z

[SmokeSignals]

oh.man..I have so many shares...lol

[SmokeSignals]

same here...just bought more AH

[Hercules1]

looking for .75 to $1 here this week.

[SmokeSignals]

yeah, I added more...(thumbs up!)

[Hercules1]

added a ton more at these prices.

could leap to $2 by Friday afternoon.

[SmokeSignals]

holding real sweet....I am not telling anyone to buy....lmfao... (sometimes some can't see)..I flipped my original shares for a wooping 5K, and back in....waiting for $3. imo. hey, you don't like my opinion, too bad. lol

[Invest-in-America]

ENJY: A pure, SUCKERS'-BATE morning gapper, if there ever was one. And all behind BANK-RUPTCY!! But, of course, wonderful (fluff) 'NEWS' that their CEO is gonna (personally) 'bail-them-out'. And don't forget, he USED TO work at APPLE!!! WOW!!!!

[SmokeSignals]

bull flag

[jr525]

When today? Lol didn’t the file BK

[SmokeSignals]

going over $2.5 imo

[SmokeSignals]

approx 15 million buys yesterday & now 20 mill pre mrkt, wow

[Arnold25764]

Anyone know if commons stay intact?

[SmokeSignals]

nailed a whole bunch of shares before the close

[willlbone]

8K...Blah, blah....Chap 11...Blah blah.

[glens0]

ENJY 35 MM on it. Must be getting ready for the big run, Tweet

$ENJY Don't miss the next move in a few hours!! https://t.co/DWu4TIPgQM

— Pallobi (@Pallobi65899023) June 23, 2022

[MonopolyTrader]

17% off nothing.

[glens0]

$ENJY .26

[tw0122]

Older news…
The Company announced today that its Board of Directors has initiated a review of strategic alternatives, including a potential sale, merger or other strategic transaction, and of the Company’s financing strategy. As previously disclosed in its Form 10-K for the year ended December 31, 2021, the Company has experienced recurring losses from operations and negative cash flows which require that it engage in additional capital raising activities. As previously discussed on its earnings call for the fourth quarter and full year ended December 31, 2021, the Company has been exploring a variety of capital raising options including partner funding, debt financing and equity solutions. The Company has secured interim financing of $10 million from a related party to help fund its operations as it pursues strategic alternatives. The Company’s estimated cash and cash equivalents, which includes the $10 million of related party financing and $6.1 million of customer prepayments against second quarter sales, was $36.1 million as of May 12, 2022. The Company is in discussions with multiple financing sources to attempt to secure additional interim financing that is needed to fund its operations and other liquidity needs. In the absence of additional sources of liquidity, management anticipates that existing cash resources will not be sufficient to meet operating and liquidity needs beyond early June, 2022.

[MonopolyTrader]

Had 2 good test pops off no news or anything. Just straight market buys. Should be good here soon

[glens0]

Got this from Stockwits, "sifter
07:13 PM
$SKYE
jump ship to
$ENJY
, merger news gonna bust it whide open. They are in talks behind doors. Grab em while they cheap imo. GL

[glens0]

5/17/22 the price target cut to .50 from $6 at Stifel Nicolaus
ENJY Statistics Data
Shares Outstanding 119.80M
Float 65.42M
Insider Ownership 4.10%
Insitutional Ownership 39.70%

[glens0]

Mark posted this, "$ENJY .24 check it out, down from $4+ to .24 now in 7 weeks, it was $12+ in Oct, due for a major bounce imo...it has dropped on relatively low volume too.

[MonopolyTrader]

Liking this for .50-.60

[isreal]

y all enjoy the long weekend...

[crudeoil24]

Enjoy the Memorial Day Weekend! Folks are accumulating ENJY shares; way oversold!

[crudeoil24]

>>>>> .24 <<<<< ENJY is a great $$$$$ opportunity.

[crudeoil24]

Enjoy Technology, Inc. operates mobile stores providing in-home delivery, set-up, and a shopping experience for companies. The Company has two segments that are based on geographic location: North America and Europe. The North America segment consists of operations within the United States and Canada. The Europe segment consists of operations within the United Kingdom. The Company delivers a range of telecommunications and technology products and accessories. The Company provides set-up and activation, and assists customers with hardware, accessories, and subscription services in the ease of the home. The Company assists consumers in evaluating and selecting a myriad of accessories, media sources, protection, broadband, and other services. The Company provides Smart Last Mile, which provides business partners with an omni-channel solution to enable trusted at-home retail experiences and to-the-door deliveries.

ENJY