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If one is worried they can always buy a 1 for 1 or better yet 2 for 1 put option against their shares as insurance. Options are not allowed on OTC stocks. But with our saga nasdaq stock we should be good.
I have nearly 4 million ENZC shares.
So if I get about 36,000 saga shares at a value of $10
I can buy say 72,000 saga 10 puts to lock in my gains until I can sell
So If the stock drops to $5 I would still own my 36.000 shares and get double or $5 dollars a share on my 72,000 puts.
A good trading strategy is key.
I clearly understand some that have dreamed of ENZC going back to new highs soon are not happy with the saga deal of which the details are still not clear. They want to claim the saga shares will go down. while many other of us believe just the opposite Saga and Enzc could both run way up with details and / or trial results way before this deal is completed.
The way I understood it is the $10 valuation is from the $450 million dollars.
$450,000,000 divided by 45 million shares = $10 per share.
https://enzolytics.com/company-news/
LoL! Saga closed at $11.01 Friday
More ENZC Cheese please!
100K ENZC shares = $4,500
900 SAGA Shares x $10 = $9,000
900 SAGA Shares x $11.01 = $9,900.09
Plus still own Enzc.
Pass the Wine!
The way I understood it is if the value of saga is $5 are lower at that time we get 1800 share instead of 900
They also said The parent company ENZC and its other subsidiary RobustoMed, Inc. (“RBMD”) are not part of the transaction.
4.As additional terms and events regarding the transaction take place, the Company will disclose them through additional press releases.
So will there be other subsidiary spin offs post dividend payout?
Pass the cheese please. Go Enzc Got wine!
Virogentics, a subsidiary of Enzolytics, is the exclusive licensee for ITV-1 and the exclusive licensee in the U.S. and most world countries of IPF Immune. Claims made by any other company or individual is false.
Harry Zhabilov, CSO of Virogentics stated, "It is a shame that the individuals and entities are making false claims and these misinformation statements are allowed to continue to spread such disinformation. We are investigating what actions we can take in the courts and through regulatory agencies. ENZC and Virogentics has made tremendous progress in its goal of bringing ITV-1 to market. Human clinical trials are slated to begin this summer in Africa."
https://www.stocktitan.net/news/ENZC/virogentics-and-enzolytics-refute-misleading-information-being-i25nqjyoumyi.html
ITV-1 (Immune Therapeutic Vaccine-1), is a suspension of Inactivated Pepsin Fraction (IPF), covered by U.S. Patent Nos. 8,066,982 and 7,479,538. Studies have shown it to be effective in treating HIV/AIDS. ITV-1 has also been shown to modulate the immune system.
June 19, 2023
https://enzolytics.com/company-news/
June 26, 2023 at 10:55 am
https://www.marketscreener.com/quote/stock/ENZOLYTICS-INC-120792338/news/Enzolytics-Offers-Update-on-Virogentics-Inc-ITV-1-African-Project-44216757/
June 19, 2023
https://enzolytics.com/company-news/
Older
https://emerginggrowth.com/enzolytics-enzc-announces-the-discovery-and-patenting-of-8-target-sites-on-the-hiv-1-virus/#:~:text=COLLEGE%20STATION%2CTX%20%2F%20ACCESSWIRE%20%2F%20March%208%2C%202021,HIV-1%20virus%2C%20some%20with%20over%2098%25%20conserved%20sequences.
If you invest in a 401k or IRA you not only get the tax break against yearly income you also don’t pay taxes on them until you draw it out. You can always draw early with a 10% penalty before you are 59 and 1/2. Smart way to trade.
If you put say 25k a year In a 401k or IRA . That’s 25k you are not taxed on against yearly income.
The smart way to trade ENZC or any stock
https://finance.yahoo.com/news/enzolytics-announces-appointment-steve-sharabura-113000570.html
They also said The parent company ENZC and its other subsidiary RobustoMed, Inc. (“RBMD”) are not part of the transaction.
4.As additional terms and events regarding the transaction take place, the Company will disclose them through additional press releases.
So will there be other subsidiary spin offs post dividend payout?
Looks like we want know until we get these additional press releases.
The way I understand it is If they dump there ENZC shares. on the dividend pay date they will lose the dividend to the buyer.
They have to wait until after ex-date which is usually one business day after the pay date.
https://www.dividend.com/dividend-education/special-dividends-everything-investors-need-to-know/
I mainly trade in 401k and IRA. Smart traders know this and do not worry about taxes.
They also said The parent company ENZC and its other subsidiary RobustoMed, Inc. (“RBMD”) are not part of the transaction.
4.As additional terms and events regarding the transaction take place, the Company will disclose them through additional press releases.
So will there be other subsidiary spin offs post dividend payout?
I also found this on no tax on a stock dividend vs tax on cash dividend.
Taxation policies are different for cash dividends and stock dividends. When the company releases the dividends in the form of cash, then the dividend amount goes directly to the bank account of the shareholders. For tax purposes, as per the regulations, these are treated as income and are subject to taxability as per the applicable slab of the individuals/entities. Whereas, in the case of stock dividends, no cash release happens. Instead, only additional shares release happens, i.e., the release is in kind are, like giving additional stock to the shareholders of the company. There is no release of any cash or bank transfer in the case of the stock dividends. Thus, there is no taxation on the stock dividends released by the company.
In simple words, shareholders have to pay tax for cash dividends and not for stock dividends.
https://efinancemanagement.com/dividend-decisions/cash-vs-stock-dividend
What is the 25% rule for special dividends?
If the dividend is 25% or more of the stock value, special rules apply to the determination of the ex-dividend date. In these cases, the ex-dividend date will be deferred until one business day after the dividend is paid.
I learned the difference between a regular dividend where the record date matters and a special dividend where the record date does not matter the hard way.
I was ill advised by a general manager at Keegan and Morgan on my special ATT wireless share dividend. That told me I had to buy 3 days before the record date and I could sell after the record date but before the pay date. I did as he advised and the person that bought my shares on the pay date received my dividend shares. Because with a special dividend the ex-date is after the dividend pay date not before. You have to hold them until the Ex-date which is usually 1 business day after the pay date with a special dividend unlike a cash dividend which is before.
I googled the SEC rules and they told me the difference.
With a regular cash dividend.
Under normal circumstances , the ex-date is two days prior to the record date which is the official date that the stock owner is, in fact, a shareholder of that company. Since it takes three days to settle a stock purchase, shares must be purchase three days before the record date. After that, two days before the record date, the stock goes ex-dividend and shares purchased from that point forward are no longer eligible to receive the dividend. The actual payment date is sometime after the record date. These standard rules apply to standard dividends and special one-time cash dividends which distribute less than 25% of the value of one share.
The difference
Ex-dividend date special rules
When the special cash dividend distribution or stock dividend is an amount greater than 25% of the value of one share the ex-date is set the day after the payment date. Therefore, if a stock is purchased after the record date but before the ex-date, the dividend is still captured. The ex-date always determines who receives the dividend, the stock buyer or seller.
https://www.thebluecollarinvestor.com/ex-dividend-dates-rules-for-standard-and-special-dividends/
As I stated With a special dividend usually you have to buy ENZC before the pay date and hold it until one business after the payday.
To capture a dividend a shareholder must buy the shares prior to the ex-dividend date
The biggest difference concerning special dividend stocks is that the ex-dividend (for special payouts) comes after the record and pay date, not before (like is the case with regular dividends or smaller special dividends).
https://www.dividend.com/dividend-education/special-dividends-everything-investors-need-to-know/
More explanations
https://www.thebluecollarinvestor.com/ex-dividend-dates-rules-for-standard-and-special-dividends/
With a special dividend you have to buy it before the pay date and hold it until one business day after. I learned this one the hard way.
Instead of these long term longs that are in at a higher price whining. They could average down for a what I believe will be a profitable dividend.
I bought 400k more shares today.
The dividend detail PR was just an example.
No one knows exactly what the final deal will be until the deal closes and the real details are announced.
If it is a special dividend worth more than 25% of enzc share price the cut off date should be ……. For these larger 'special dividends', the ex-dividend date is generally one stock trading day after the dividend payment date.
dividends or distributions of more than 25% are subject to 'special' rules for ex-dividend dates. The major difference here is that for these larger distributions or dividends, the ex-dividend date is set as the day after payment (with the day of payment being the "payment date").
https://en.wikipedia.org/wiki/Special_dividend
It’s not going to be a shell IMO
The parent company ENZC and its other subsidiary RobustoMed, Inc. (“RBMD”) are not part of the transaction.
4.As additional terms and events regarding the transaction take place, the Company will disclose them through additional press releases.
Perfect example!
500k ENZC shares x .05 = only $25k,
that's 4500 SAGA Shares @$10 = $45k.
Saga is at $11 today.
So which one is more valuable and which one will have the resources to move the trials and products.
I choose SAGA!
This is a no brainer.
LoL! The value for shareholders is the saga nasdaq Diividend!
Saga $11
ENZC.049
Having the funds to move forward is very important.
Enzc can not do it alone!
Maybe CC will tweet with more details or Information!
I think you’re wrong today! Just took another $600 beer money did not budge the price!
The News today is positive for most IMO! except for those believing that ENZC would return to old highs on the news.
https://www.otcmarkets.com/otcapi/company/financial-report/376167/content
I just did a test for 200k at 05 they took them quick.
Oh well quick $600 beer money for today!
Holding a pile for the real Run!
It does not look like the markets agree?
Bid .0503/ask .051
Enough said! Some are not happy with the initial double?
Looks like a win to me
100k ENZC @.047 = $4700
900 shares company S @$10 $9000
900 shares of company S $9,000 per 100k shares. Plus addition 900 at the dividend date of shares of company S. 1800 shares per 100k Nice!
Looks like a win to me
100k ENZC @.047 = $4700
900 shares company S @$10 $9000
900 shares of company S $9,000 per 100k shares. Plus addition 900 at the dividend date of shares of company S. 1800 shares per 100k Nice!
Example shows 900 shares of company S $9,000 per 100k shares. Plus addition 900 at the dividend date of shares of company S. 1800 shares per 100k Nice!
LoL! “It seems most shareholders don't understand how a SPAC operates - SAGA has to raise capital to fund mergers and acquisitions.”
Sagaliam is a SPAC that raised $116.5 million in its initial public offering on December 23, 2021.
So what does that tell one about the 3rd party they raise the $250 million from and then renegotiated to $450 million. It tells me the 3rd party has deep pockets. LoL!
Hold tight details coming.
Could it be Regeneron are Samsung?
https://enzolytics.com/company-news/
$ENZC Checkout pg 27 of Regeneron IR slides uploaded today (Jan 9th, 2023). They claim a new #COVID19 mAb drug candidate that "target epitopes that are highly conserved" with "high neutralization potency"
— 𝐆𝐨𝐝𝐟𝐚𝐭𝐡𝐞𝐫 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 (@GodfatherCap) January 9, 2023
Coincidence?🤔 https://t.co/i9IedgF2q8
(Part I) https://t.co/LzWpBPm0oU pic.twitter.com/aUYZ4UYoVL
To Learn Try reading ENZC News and Filings. LoL! Watch, Read, Act, Learn and Earn.
https://fox4kc.com/business/press-releases/accesswire/764892/sagaliam-acquisition-corp-announces-amendment-to-non-binding-term-sheet-with-enzolytics-inc-and-addition-of-new-board-members/
https://fox59.com/business/press-releases/accesswire/765964/virogentics-inc-to-introduce-a-dietary-supplement-offers-additional-information-on-itv-1-and-diabetic-clinical-trials/
https://fox4kc.com/business/press-releases/accesswire/764892/sagaliam-acquisition-corp-announces-amendment-to-non-binding-term-sheet-with-enzolytics-inc-and-addition-of-new-board-members/
https://www.stocktitan.net/news/ENZC/enzolytics-offers-update-on-virogentics-inc-itv-1-african-k899fh1j2ivk.html
https://www.marketscreener.com/quote/stock/ENZOLYTICS-INC-120792338/news/Enzolytics-Inc-Provides-Update-on-Clinical-Trials-43607586/
https://www.fiercepharma.com/manufacturing/enzolytics-inks-cmo-deal-samsung-for-covid-19-hiv-drugs
https://enzolytics.com/company-news/
Food and Drug Administration Modernization Act (FDAMA) provides for health claims based on an authoritative statement of the National Academy of Sciences or a scientific body of the U.S. government with responsibility for public health protection or nutrition research; such claims may be used 120 days after a health claim notification has been submitted to FDA, unless the agency has informed the notifier that the notification does not include all the required information
https://www.fda.gov/food/dietary-supplements/new-dietary-ingredient-ndi-notification-process
The packaging/label is being submitted to the FDA for approval before beginning marketing and distribution.
https://www.accesswire.com/765964/Virogentics-Inc-to-Introduce-a-Dietary-Supplement-Offers-Additional-Information-on-ITV-1-And-Diabetic-Clinical-Trials
https://www.fda.gov/food/food-labeling-nutrition/how-submit-label-claim-petitions-notifications
The packaging/label is being submitted to the FDA for approval before beginning marketing and distribution.
https://www.accesswire.com/765964/Virogentics-Inc-to-Introduce-a-Dietary-Supplement-Offers-Additional-Information-on-ITV-1-And-Diabetic-Clinical-Trials
Wrong! That can be easily googled! LoL!
ENZC
The packaging/label is being submitted to the FDA for approval before beginning marketing and distribution.
Dietary Supplements | FDA
FDA regulates both finished dietary supplement products and dietary ingredients. FDA regulates dietary supplements under a different set of regulations than those covering "conventional" foods and drug products.
https://www.rlfoodtestinglaboratory.com/supplement-testing/?utm_feeditemid=&utm_device=c&utm_term=fda%20supplement%20label%20requirements&utm_source=google&utm_medium=ppc&utm_campaign=&hsa_cam=19634888848&hsa_grp=140899489650&hsa_mt=b&hsa_src=g&hsa_ad=646508533155&hsa_acc=%7B5577429648%7D&hsa_net=adwords&hsa_kw=fda%20supplement%20label%20requirements&hsa_tgt=kwd-42099646208&hsa_ver=3&gad=1&gclid=Cj0KCQjw756lBhDMARIsAEI0AgnaVHxCiY7cGSUY5I0uJhzJWQHjjhLDgW8l5RbZv3oIz0o5q9wc0hsaAh3sEALw_wcB
https://www.registrarcorp.com/fda-food/labeling/?lead_source=Google%20Ad&matchtype=p&device=c&utm_source=google&utm_medium=cpc&utm_term=fda%20food%20labeling%20requirements&utm_content=106825065783&utm_campaign=11024894609&hsa_acc=2630942621&hsa_cam=11024894609&hsa_grp=106825065783&hsa_ad=461367800629&hsa_src=g&hsa_tgt=kwd-389716073926&hsa_kw=fda%20food%20labeling%20requirements&hsa_mt=p&hsa_net=adwords&hsa_ver=3&gclid=Cj0KCQjw756lBhDMARIsAEI0AgliR3T06V9U3ZT2SJvJ8-n8kBTFj0eT9lY9OvtyLNdIOdq6qBTca9IaArRsEALw_wcB
Wrong!
The packaging/label is being submitted to the FDA for approval before beginning marketing and distribution.
https://www.accesswire.com/765964/Virogentics-Inc-to-Introduce-a-Dietary-Supplement-Offers-Additional-Information-on-ITV-1-And-Diabetic-Clinical-Trials
No doubt these MM are using and abusing there special market making rules with this one and many othersI had a stock that was cellular boxed at the bottom for 5 years with no way out then one day it took off 500% and I sold to my horror it keep running and I missed a big hundreds of thousands of % Run
Many companies have been done this way. What good does it do to address it unless you can afford to take action like buying back all the shares. The dividend is the best way to take action. It will make the shorts at least do a reset and cover are they will be responsible for the dividend on any short shares. Although they just like us are waiting on the details. I believe The vagueness is part of the problem. Hopefully we get the promised details before the 17th.
The Company, assisted by Sagaliam Acquisition Corp. ("NASDAQ:SAGA"), is preparing a supplemental information filing to give insight into the SAGA transaction and offer explanations to some of the shareholder questions surrounding the sale of ENZC's operating subsidiaries, Virogentics ("VIRO") and Biogenysis ("BGEN"). The filing is expected to be completed the first of the week of July 10th.
https://www.accesswire.com/765964/Virogentics-Inc-to-Introduce-a-Dietary-Supplement-Offers-Additional-Information-on-ITV-1-And-Diabetic-Clinical-Trials
Is this what made OTCN step back? MM’s doing a double take!
Looks like those that emailed company asking questions are fixing to get answers.
The Company, assisted by Sagaliam Acquisition Corp. ("NASDAQ:SAGA"), is preparing a supplemental information filing to give insight into the SAGA transaction and offer explanations to some of the shareholder questions surrounding the sale of ENZC's operating subsidiaries, Virogentics ("VIRO") and Biogenysis ("BGEN"). The filing is expected to be completed the first of the week of July 10th.
https://www.accesswire.com/765964/Virogentics-Inc-to-Introduce-a-Dietary-Supplement-Offers-Additional-Information-on-ITV-1-And-Diabetic-Clinical-Trials
These are cold hard facts.
While I-G keeps claiming the Saga deal will not happens partners are paying these expense and closing the deal.
VIRO's partner has arranged for the health insurance for the volunteers and has paid all necessary costs for the issuance of the permits and manufacturing associated with the African Clinical trials.
https://www.accesswire.com/765964/Virogentics-Inc-to-Introduce-a-Dietary-Supplement-Offers-Additional-Information-on-ITV-1-And-Diabetic-Clinical-Trials
A stock dividend is different than a cash dividend. With a stock dividend the record date is not important!
A cash dividend and a stock dividend are different with different rules.
With a stock dividend If the dividend is 25% or more of the stock value, special rules apply to the determination of the ex-dividend date. In these cases, the ex-dividend date will be deferred until one business day after the dividend is paid you have to buy it before the pay date and hold it until one business day after. I have received several with penny stocks and profited bigley.
I had one several years ago from a bottom sub penny stock that ran to 93 cents.
Very profitable and these were otc stocks. Saga is a $11+ nasdaq stock.
What Is a Special Dividend?
A special dividend is paid to shareholders outside of the regular dividend schedule. It may result from a windfall earnings, spin-off, or other corporate action that is seen as a one-off. In general, special dividends are rare but larger than ordinary dividends.
with stock dividends, a company doesn’t have to tap into its cash reserves or profits since it is only issuing its own stock to its equity shareholders.
https://www.investor.gov/introduction-investing/investing-basics/glossary/ex-dividend-dates-when-are-you-entitled-stock-and
I have never had a dividend that affected my original shares.
But I have had many profitable dividends.
A dividend is also a good way to trap shorts
If shorts don’t cover before the dividend is given they will be responsible to pay the dividend on there short shares.
A cash dividend and a stock dividend are different with different rules.
With a stock dividend If the dividend is 25% or more of the stock value, special rules apply to the determination of the ex-dividend date. In these cases, the ex-dividend date will be deferred until one business day after the dividend is paid you have to buy it before the pay date and hold it until one business day after. I have received several with penny stocks and profited bigley.
I had one several years ago from a bottom sub penny stock that ran to 93 cents.
Very profitable and these were otc stocks. Saga is a $11+ nasdaq stock.
What Is a Special Dividend?
A special dividend is paid to shareholders outside of the regular dividend schedule. It may result from a windfall earnings, spin-off, or other corporate action that is seen as a one-off. In general, special dividends are rare but larger than ordinary dividends.
with stock dividends, a company doesn’t have to tap into its cash reserves or profits since it is only issuing its own stock to its equity shareholders.
https://www.investor.gov/introduction-investing/investing-basics/glossary/ex-dividend-dates-when-are-you-entitled-stock-and
Our Spac Saga closed at $11.30 today