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Could be SA, but as I've posted many times, their valuation and/or "under-valuation" seems to be more intentional to me. I still haven't ruled out that SAGA execs are working to hold this down/load, so they can increase their ownership % post-deal. As long as they remain under roughly 154M each (less than 5%), they aren't required to file anything.... But again, that's just a guess.... Who really know's what's going on?
I consider any type of control to be manipulation. I hear you about lack of volume, but I'm just going off of our history with VIRT+OTCN. I actually haven't been watching much lately (just checking in every few hours), but noticed VIRT back and aligned with OTCN. The other day when we saw another teaser spike, our RSI jumped 27 points and has only fallen 11 points since, leaving plenty of padding, ASCM still here, and now VIRT shows up aligned with OTCN? I just don't see this being allowed to sustain any green and/or move up to where we should be anytime soon. Unfortunately, I actually believe they'll drive us back into 03s before we see 05-06 again.
As always, we shall see, but based on our history I personally don't like seeing VIRT on L2; especially while ASCM is still around, and OTCN is still selling what seems to be never-ending shares from a bottomless stash.... But that's just me...
Great! VIRT back with OTCN…. Fun never ends!
We’ll, Looks like ASCM is still here, likely still covering (dropping ask because they know OTCN will jump them to drop lower)
Oh well…. Maybe one of these days we’ll wake up to a BIG surprise where the games are done, predictability is over, and we finally trade organically…
falon - I agree with what you are and have been saying. However, "pre-results," most bios are priced somewhere in between true value and potential value (post-good-results), whereas ENZC has remained below true value for years now. I'm not saying that we should be trading in dollars right now, but I do believe that at the very least we should be trading at no less than 10% of potential/projected value. Using just Clone 3 projections, we should currently be trading around $0.30. Then if we want to even more ultra-conservative, we could say that we should be trading at the MC of the $450M SAGA deal, which would put us around $0.146 using our newly increased OS. Either way, we have been and are still currently undervalued.
Anyway, my point being that I agree they need to produce results for that serious increase we all want to see, but that doesn't change the fact that we are still severely undervalued as we wait; and I believe 100% wholeheartedly that its intentional.
Nobody is going to make money unless the company produce results.
It don't matter who has how many shares or what class of shares.
Bottom line is will the company do any of the following:
1. License agreements
2. Africa ITV-1 treatment success
3. Samsung Biologics Website: https://samsungbiologics.com/en Partnership
4. Scendea USA, Inc. (www.scendea.com) Partnership
5. IPF Immune(TM) revenue
6. SPAC deal with SAGA closes
7. Abveris, a division of Twist Bioscience Corporation https://www.abveris.com/ Partnership
8. Effectiveness of ITV-1 immunotherapy on Diabetes.
9. Clone 3
10. Development of Feline Leukemia Monoclonal Antibodies
11. Clone 7
12. Production Monoclonal Antibodies against HIV
13. Development Monoclonal Antibodies against the Corona Virus
14. Patents protection
15. AI
16. Advancing multiple therapeutics targeting numerous infectious diseases
Nobody knows what the outcome is going to be at the point and time.
The non-binding agreement was made.
The Business Combination Agreement was executed.
De-Spac process is moving forward to the closing of the project.
Will it be a Halloween Treat, an Early Bird Thanksgiving or a Very Merry Christmas?
Not really sure, but it's always right at 9% of daily volume and never over 10%. Been going on for quite some time now.
I saw that. Actually at higher closing pps too…
Guessing we’ll see another T Trade for 1.3M at 0435ish…. Just a guess…
Xtremetz1 - This hasn't been allowed to trade organically in a very, very, very long time, and I agree this is and has been far from normal trading. Unfortunately there's not much we can do about it. Also, I'm pretty sure that anyone who's been watching this knew that we'd be taken right back down, so they likely held off on buying. As long as OTCN continues, we'll remain in this ridiculous range. Also, even though the deal is now binding, there is technically still an "out" if they don't complete it by 12/31, so that could be playing a role as well. I'm hoping that once it's officially closed, we'll see some organic buying and pps movement.
Xtremetz1
Re: None
Wednesday, September 20, 2023 12:07:25 PM
Post# 186731 of 186752
Something doesn't past the smell test. This company releases profound news that would otherwise skyrocket other Bio companies and this company tanks and goes into the toilet! This doesn't feel like this is being allowed to trade organically. The forward progress they've made would have other companies in the dollar range and depending on share structure. It may even be in the multiple dollar range. This companies share structure sucks but my god. They are in essence performing a reverse split into the Nasdaq. The fact that the original company will move forward with a new business plan and the div will be determined by the amount of shares you own leaves any person with questions of why this stock isn't in the 25 to 30 cent range. That is not unusual and is still probably a little under valued in this shitty market. I find it hard to believe that this is normal trading. The job of CC is to address these issues and continue to move the value of the company forward. I sure hope that this strange pattern stops once the company moves to the Nasdaq. CC better do something quick because if the SPAC deal falls through. This company will be decimated down to less than any bought in at in the trips!
jngreene33 - I don't pretend to know why, but this is what OTCN has been doing for awhile, and it doesn't make much sense. When the pps goes up, they bow out, then it when we're back to the push down, they immediately reappear to sell for less. Again, only 2 possibilities that I can think of
1. OTCN is executing conversions for somebody who qualifies for the discounted conversion rate
OR
2. Some kind of pre-arranged deal to sell in a specific range.
Remove those 2 possibilities, and I can't make any sense of it.
100% correct!
One other thing doc, which I'm surprised I haven't seen yet, but I expected the "gappers" to come out in full force and say that we have a gap in the .039-.045 range. Last Friday we closed at .0387, then Monday opened at .046 and had a low of .0451. I'm not a believer in "all gaps need to be filled," but I did expect to see the gappers out in full force.
Unfortunately doc, I think this was to be expected. For roughly the past 1.5-2 years, ASCM shows up to short us with every PR that drives volume. Then in the 1-3 days following the PR, they work to erase whatever gain we saw, while they cover. The difference with this one is that we also have OTCN selling what seams to be unlimited shares, and ASCM knows all they need to do is keep dropping their ask, and OTCN will jump them; and OTCN is doing it in such a way that makes zero sense. They stopped selling and/or went off of L2 when the pps went up past 05, but then as soon as we're driven back down, they reappear to sell. This is why I believe they're executing conversions for somebody who qualifies for the discounted conversion rate (something like 50% of lowest closing bid over x number of trailing days). Other than that or unless they have some kind of pre-arranged deal to sell to somebody at 04 or lower, it doesn't make sense that they're intentionally selling for less.
From the looks of L2, they're not allowing this back over 05 anytime soon; or at least not without some help from a PR and/or news. The second we dropped under 05, L2 immediately shifted in perfect sync to stack under it. I think we're pretty much stuck under 05 for at least until OTCN is finished, and when that is, nobody knows. Maybe we'll see some sustained buying/volume when the deal is officially closed, or at least I'm hoping for it....
I haven’t been watching this whole time (prepping/cleaning/packing to move next month), but I would guess ASCM still covering…. We’ve seen the same thing with every PR that generated higher volume & moved pps over the past 2 years. Once ASCM is fully covered, they’ll disappear until the next PR…. Wash+Rinse+Repeat
Ok rockie, even though you and I have had this conversation numerous times and disagree (it's ok to disagree), I will reiterate and/or clarify as i've done many times before. Without plandemic-19, there would be no "mail-in voting," which "they" needed to cheat.
1. Get your facts straight. Never said plandemic-19 was a joke, only that it was planned, intentional, and carried something like a 97-99% survival rate.
2. It has been shown/proven over the past 1-2 years that the plandemic19 death rates were manufactured back then. Hospitals were incentivized to mark deaths as plandemic19. Hospitals were incentivized to put people on the "Remdesavir + Ventilator" protocol, which was basically a death sentence (Remdesavir causes renal failure). Then, after quite some time and after censoring people who tried to warn everyone, taking away doctors licenses who talked about it, etc... the CDC finally comes out and "quietly" admits that there is a coorelation between the plandemic19 jab & myocarditis. Lastly, do you knot find it strange that during this time that the PCR tests were "supposedly" diagnosing everyone with plandemic19, that for the first time in history, the flu completely disappeared from 100+ countries at the same time? (NATO countries I'll add)?
http://investorshub.advfn.com/uimage/uploads/2023/9/20/wgstoMyo-Pericarditis.jpeg">http://investorshub.advfn.com/uimage/uploads/2023/9/20/wgstoMyo-Pericarditis.jpeg" />[/img]
3. The PCR tests being used to test people for plandemic19 couldn't actually differentiate whether or not they had a common cold, flu, pnemonia, plandemic-19, etc..., so if any tiny little thing showed up, which would normally indicate common cold, they still marked it as plandemic-19.
4. They knew years in advance that the cure to all "SARS/Corona" viruses was Hydroxychloroquine. The paper below was authored by fraudci on August 22, 2005. So why did they collude with fakebook, twitter, instagram, youtube, google, etc... to censor anyone talking about this? Not to mention that they were literally threatening doctors with taking away their licenses if they prescribed it? Also, OSHA changed their longstanding reporting guidelines to stop reporting "adverse effects" for plandemic19 jab, and the FDA literally changed the definition of "Vaccine," which previously said "gives immunity" and removed that part. Lastly, if this was so deadly and the plandemic-jab was the only true cure, then why were the people listed in the 4th image below exempt from being required to get the jab? Does any of this seem normal to you?
5. Not only were massive numbers of people censored, banned, suspended from Twitter, fakebook, youtube, etc... for speaking against the narrative, but twitter also deployed "Bots" to push the narrative.
6. Read/Research both "Operation Lockstep" and "Event 201." Operation Lockstep (2010) is literally the step by step playbook they used for plandemic19. Event 201 was a planned "pre-exercise" in October 2019 just prior to the plandemic, held by WEF & Gates Foundation. It was literally a dry run of plandemic 19.
Rockie - There is plenty more research and evidence out there. All you have to do is look. However, you are entitled to your opinion as I am mine, and it's ok if we disagree. At the end of the day, regardless of what anyone thinks, those of us living in the United States of America Constitutional Republic should question it when leading experts are cancelled/censored/threatened, such as Dr. Robert Malone, the inventor of the mRNA jab. We should question it when we're told that we're not allowed to talk about this, that, or the other. And we should certainly question it when known cures/remedies are censored and "death treatments" are incentivized.
All of this being said, I've had this conversation with you too many times and have spent too much time trying to show you why so many people have woken up and can finally see through the illusion. As I mentioned above and many times before, we can agree to disagree, but I do ask that you get your facts straight on what I've said and/or haven't said.
LOL…. Rockie I’ve shut down my computer for the night and posting my full reply is too much to type using mobile iHub; and I’m unable to post pics using my phone, so you’ll have to wait until tomorrow for my full reply to your instigating post. However, by all means feel free to continue instigating. I’ll get back to you tomorrow morning…
I haven't been watching all day, jus popping in/out to see what the pps is doing, but noticed that OTCN is nowhere on the ask. Anyone been paying attention who knows how long they've been absent? I know they were here earlier this morning, but seems odd that if they still have shares left to sell in their never-ending stash, that they wouldn't be doing so while the pps is in the 05's vs 04's or lower?
Trying to determine if they're finished, or if they're just taking a break and/or playing games? It would be awesome if they were done. We'd still have PUMA & INTL to contend with, as well as ASCM covering, but I'd still look at "no OTCN" as a good thing/step in the right direction...
Agreed... Also, we've seen this exact action with every PR/good news over the past 2 years. ASCM shorts the hell out of it the day the PR/news drops, then drives it down to cover and erase all gains the following days. The difference this time is that as long as OTCN continues, we'll see it drop much faster/easier. We have not sustained any gain in more than 2+ years. Always the same story with the same ending.....
And.... Right as I posted that, sure enough OTCN dropped under ASCM, only to have ASCM drop lower, then OTCN drops lower to take the lead ask again.... And just like that, we're back in the 04's and very likely right back into the pattern. And around and around we go....
With 6 months to go before the div date, I just don't see a rush to buy ENZC quite yet. Anyone who's been watching this knows that OTCN is still going strong, which means the push down continues as a result. With plenty of time to buy to qualify for the div, I personally see most people waiting for OTCN to drive us lower/back in 03s or possibly even lower, before jumping in to buy... Lets hope I'm wrong...
It's just too easy for ASCM to cover, knowing that OTCN & INTL are still selling and/or converting. All ASCM has to do is drop the ask further, and they know that OTCN/INTL will eventually drop below them.
Well, it certainly seems that ASCM is trying to cover their shorting yesterday. Let's hope we see some continued higher-volume/buying that prevents the typical/historical cliff-drop/gain-erase that we've grown used to seeing after higher volume/bigger green days..... It's just too easy for ASCM to cover, knowing that OTCN & INTL are still selling and/or converting. All ASCM has to do is drop the ask further, and they know that OTCN/INTL will eventually drop below them.
MAGA_PATRIOT
Member Level
Re: None Tuesday, September 19, 2023 9:25:23 AM
Post# 186631 of 186632
Today should be interesting. Will we fall back to the typical pattern (ASCM covering yesterday + OTCN/PUMA push back down) which usually erases our total gain in blink of an eye OR do we see the volume/buying continue?
Today should be interesting. Will we fall back to the typical pattern (ASCM covering yesterday + OTCN/PUMA push back down) which usually erases our total gain in blink of an eye OR do we see the volume/buying continue?
Yup. T-Trade for 9.2% of volume, but wasn’t a huge discount today. Closed at 0.0502 and the t-trade went thru at 0.0501…
That would be nice, but I won't be surprised to see us pushed back to .0479-.0489ish.... I like 06+ better though...
This is great Doc! We need more people like you taking the initiative to do things like this. As a TX resident, let me say "Thank you" for doing this!
I actually serve on a state-wide committee here in Texas to keep anti-Covid-jab mandates outlawed in Texas, and I've never had a Covid shot.
I don't disagree raja. Just pointing out that it's possible that statement delays the prolonged volume/buying we're all waiting for. The way we trade this week should tell us a lot. Based on past 2.5+ years of ENZC history, I would expect to see the volume dry up and back to the push down tomorrow/Wednesday. If that doesn't happen and we sustain substantially higher than avg volume the remainder of the week, I'll take that as a great sign. We shall see soon enough...
Thanks DRUHMI - Just now saw your reply. The only one I don't like and think could cause people to hold off from buying is this one. Even though it's now binding, they can still terminate the deal if not closed by Dec 31st. I think this will cause the volume that we've been wanting to be delayed until deal is actually closed and/or after 12/31 to ensure it's not terminated.
Page 20 said termination could happen if no close by Dec 31, unless the parties extend. I don't know what would prevent it from closing
ASCM has done this literally every time we've seen a PR that gave us volume over the past 2 years. Below are just a few snippets from prior PR's resulting in higher volume... We can pretty much set our watches by it... If PR drops that results in Volume, there is a 100% chance that ASCM joins the party to short it... Never fails..
Here you go DOGONE.... ASCM doing what they've done to us after any PR that resulted in higher volume over the past 2+ years. They show up and short the sh!t out of us all day long... Also noticed that PUMA's more active today as well... We're only 45 minutes into the day, so plenty of time left where anything can happen....
LOL…Gimme 15-30 min and I’ll be back at my computer. I can’t post a screenshot when using ihub app on my phone….
Agreed
On my phone SA so I can’t post, but as per usual, ASCM joined the party and was likely shorting us. However, if we can maintain volume/buying, we could hold and/or even move up further. Anytime we get a decent PR, ASCM does what they do, and only volume and retail buying pressure can stop them…
Thanks DOGONE. That's what I was afraid of. I do expect to see volume and ENZC pps go up some as we near that date, but with 6 more months to go, I doubt we see it anytime soon.
Has anyone went through the SAGA deal in detail yet? Curious if we have a dividend date yet and/or when we think that will be (last day to buy ENZC to qualify for the dividend)?
The $450M deal should've put ENZC around .15, but instead drove it down. Maybe now that it's a "binding" deal, that will change as a result of people wanting to get the SAGA dividend. Personally I'm not expecting to see much of a change in our trading tomorrow, as I believe we would've seen a change last Thursday/Friday. However, I'm still hoping for the best come tomorrow....
ENZC has been severely undervalued for several years now. I understand what falon and others are saying about "results," but many bio's are usually priced somewhere between potential value & true value, whereas ENZC has been driven under true value and held for years. For example, SAGA must think that ENZC is worth much more than $450M, or they wouldn't be paying that much; and $450M only puts us at .146. My point being that I still believe that our "undervalued pps" is and has been intentional.
Got it. The reason I asked is because that is my best guess as to what OTCN is/has been doing (converting Series B Preferred at 1:10 ratio. 1 B for 10 commons) and I would be thrilled if they weren't. What worries me about the Series B is that we saw Harry convert 2M B for 20M commons last quarter, and given the qty of B that he holds, depending on how many he decides to convert, it could eat up those 900M shares that were added to the AS real quick. Not as worried about CC & Chandra, as both of them also hold plenty of commons, but Harry and/or the Zhabilov Trust sold their commons long ago and could be trying to replenish prior to the dividend...
Anyway, guess we'll see soon enough...
Mutat - That may be true for now, but there should be no doubt that they'll increase the AS for future investors/partners, and I imagine that they'll do that sooner vs later. However, even if they doubled it and added another 49M (45 New + 4.x existing = 49M OS), it would still only be an OS of 98M which is still low.
Also - Where do you think OTCN's shares are coming from? They've sold way more shares than the qty of restricted that's moved to unrestricted, so I personally don't believe that's it. I'd just really like to know where they are coming from and/or if they're conversions, ENZC selling some of the added 900M, or some large shareholders cashing out (based on qty they've been selling for so long, would have to be more than one large shareholder).
Noted. I didn't see that. Does the same go for Series B preferred?
“"Subsidiary Shareholders" shall mean those members of the BGEN and VIRO management teams that elected to exchange their ENZC Series A preferred shares for common shares of BGEN (Charles Cotropia, Dr Gaurav Chandra and Dr. Joseph Cotropia)
and VIRO (Zhabilov Trust or assignees - Diana Zhabilov and Harry Zhabilov)”