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No OTCN, but INTL has taken their place. They have sat on the lowest ask 85%+ of the past 3 days. We need them to finish and/or some definitive/non-fluff news to move back up… Without one or both of those things, we’ll likely be held in the .042-.0449 channel…
Like I mentioned in an earlier post, I believe that's intentional. If they dump on bid and push us into the 03's, RSI would go oversold, so instead we're held in the .042-.0449 channel for a while. If you look at the chart over the past 3 years, this always happens following one of our teasers/climbs/uptrends. They drive the pps down, erase any/all gains from the teaser/climb/uptrend, and the RSI falls to just above oversold in the process. Once this happens, we spend several weeks in a tight channel until the next teaser, but they'll make sure the RSI rides just above Oversold during that time. Wash + Rinse + Repeat
Next time they update OTCM, we should know if INTL is dilution or not. I am leaning towards it, but find it extremely strange that INTL wants this held below .045.
Well, I'm praying that it's not. As Dyno just posted, it's long overdue for some updates on the C3 front, and they could come at any time. What happened with Enzo? Was he cured with C3? What's going on with Samsung? There are several items we could be surprised with, and I'm praying that we are....
Also, lets not forget that our pps has been controlled for a very long time, and if it continues following the same pattern, they'll hit us with another teaser-climb over the next few weeks. Not sure how high they'll allow it to go (if held to the pattern they'll keep it under 065, but you never know).
Lets just hope that we get some kind of surprise PR soon, that nobody is expecting.
Yeah, I actually have a buy order sitting in the .03s (just in case), but I don't think they're gonna let it down there. After every uptrend, they immediately erase any gains we saw, and eventually drive the pps down, and the RSI with it. Once the RSI reaches low 30's (just above oversold), they hold us in that channel for several weeks, not allowing the RSI to reach oversold; and it appears that's exactly what's happening now. INTL won't allow this to stay over .045, and the rest seem to be keeping us above 042, so I think we'll be stuck in that channel (.042-.0449) for a while. The only way we'll break out of it is if:
1. INTL Finishes with their endless shares
or
2. Charles actually delivers something definitive/major/non-fluff
Outside of at least 1 of these 2 things happening, I'm expecting to ride this channel for a few weeks. Hope I'm wrong, but this is just more De Ja Vu from the past 2+ years. Wash + Rinse + Repeat
No. INTL doing their thing…
It truly is almost unbelievable that we're 6 months into 2023 and trading at .042. Also, we haven't traded this low since early February, long before the SAGA announcement, yet somehow we get pushed right back down to this level. The past 2 days INTL has held this under 045 at all costs with endless shares, when we easily could've gone higher.
We had to deal with STXG, then PAUL, then PUMA, then OTCN, and now INTL. At what point does all of this BS stop and actually allow us to reach an accurate value?
Im beginning to wonder if that's what's behind INTL's endless shares (diluting to fund the insurance)? OTCM hasn't been updated since 5/30, so I'm not sure if INTL is diluting or selling existing shares, but the AS was increased for a reason, which we still don't know.
2b - Good points, but in regards to VIRT it wouldn't make sense that they were somehow related to the Zhabilov Trust.
First, with exception to the 18.9M Series A Preferred, the Zhabilov trust doesn't have any other shares left, and hasn't for some time now. Second, any normal person selling shares for money would want to sell at the highest possible price/pps (more money). However, VIRT has been used to drive the pps down, which is why I believe that OTCN was executing conversions, while VIRT assisted by driving down pps. Conversions would be the only thing that make sense because there is an incentive to drive the pps down (convert at 50% of lowest closing bid pps over a certain # of days or something along those lines).
No. I'm Not on any other boards...
rockie - I wouldn't say it's about giving shareholders encouragement, as much as it is about showing us some kind of return on our investment after 3 very, very long years, where we've taken a beatdown day after day after day etc.... I wouldn't consider it such a big deal if we weren't so incredibly & intentionally undervalued. As I've said before, we have $250M deal on the table, yet our MC has dropped to roughly half of $250M. This is not normal and should not be. Then factor in the projected value of C3 for HIV (roughly $9.09B per year or a pps of around $3.10-$3.15), and it literally makes zero sense unless viewed through a lens of intentional takedowns/hold.
I always go back to VIRT because they are the best example of illegal activity (Using their status/abilities/algo's as MM to control the pps, without every actually buying or selling shares). It would be nice if a stop was put to this activity, and ENZC was finally allowed to trade organically.
Still here, trying to stay positive CK.... Not much to post about right now, as we're back in the pattern. Also, today will be the 2nd day that OTCN's been absent, but it appears that INTL has taken their place with unlimited shares, and is holding under .045 at all costs. Doesn't matter how many times their ask is hit, they're glued to .044ish and/or anywhere under .045. With retail buying being non-existent, I'm not expecting to see us move much; at least not until INTL is finished.
As I've said more times than a skipping record, I believe that we'll all know beyond the shadow of a doubt, when something (major/tangible/non-fluff) is about to drop. As stated above, retail buying is non-existent, so when we're hit with that "volume before price," it will be unmistakable. I don't know when it will happen, just that it will eventually happen.... Until then, just waiting like everyone else....
I noticed that too, but now they're back... They started off the day with the lowest ask, but then actually moved up to .0454, then again to .0482, and now back to .0444. Based on yesterday/today, it seems they desperately want to hold this under .045. They held us under all day yesterday, and then today as soon as we broke above .045, they immediately drop it back under. Regardless, it's still very early, so we'll see how the day plays out. If we look at the chart over the past 2 years, anytime the RSI gets close to oversold, it's always drug out for weeks (rides just above 30, as it's doing now).
We need something major/tangible/definitive from Charles to bring back retail volume at the levels required to break out.... Back in late 2020/early 2021, Charles used to hit us with Surprise PR's all the time. I really wish he'd start doing that again, but with tangibles..
Well, for 2+ weeks we had to deal with OTCN and their bottomless shares, and now it appears we're dealing with INTL and their unlimited shares. They've been locked in place as the lowest ask all day long, and regardless of how many times their ask has been hit, they only drop it further. Until they're finished or we get some major (definitive/concrete) news, I'm not sure that anything will change...
We sure could use a Surprise PR right about now...
LOL... Truthfully, as long we're trading in the severely undervalued laughable range with INTL, OTCN, etc... in control, I don't think it matters. I could care less if we close green or red until we get back over .30, where we should already be sitting.... The fact that we're 6 months into 2023 and still trading in the 04's is an absolute joke...
The timing of CFO leaving to be CEO of Sunfire is very interesting...
"Sunfire Acquisition Corp Limited operates as a blank check company. The Company aims to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization."
https://www.bloomberg.com/profile/company/SUNFU:US#xj4y7vzkg
Then all the negative statements about the CFO leaving. Thomas N . Well it turns out he left and is now THE CEO of
SUNFIRE ACQUISTION, plus has a very interesting past.
https://www.marketscreener.com/business-leaders/Thomas-W-Neukranz-0NW9YN-E/biography/
INTL has been sitting on .0441 for roughly 2.5 hours now, and has been hit over and over and over again, but never moves. Wondering how many more shares they have, and where the shares are coming from. Lets not forget that they also dumped somewhere between 40M-60M shares in the 04's back in December at a huge loss (Most of their purchases prior to that were between .12-.30).
Maybe, but we still have no idea what's going on with Clone 3 for HIV. Are they working with Samsung and/or some other BP? Did Clone 3 cure Enzo? Hearing something positive & definitive on this could easily send us to a new all time high, but I'm all good with hearing a surprise announcement about ENZC + Regeneron too.
I don't believe INTL or GTSM are shorting. ASCM was shorting yesterday (they seem to show up and short us every day a PR is dropped), but in regards to INTL, I believe they either have a large sell order or a pre-arranged transfer of shares in a specific pps range.
With GTSM, 99% of the time they are just retail... That doesn't mean that they can't short us, just that I don't believe they are. As far as retail goes, I don't believe there are many shortable shares out there, and retail cannot naked short...
Well, I don't want to jinx us, but this morning is the first time in a long time that OTCN is not showing on L2 (ask side). Seems that INTL has taken their place for the time being, so we're still being controlled by "Non-Retail MM's." Regardless, it's still nice to see that OTCN is not on the ask....
Im not sure 2b, as the whole OTCN thing isn't making much sense to me. They are working with VIRT, and VIRT shows up at the end of each day to push us down further (10:30AMish & 2:30PMish as shown in chart/snippet below). If OTCN was selling for ENZC (diluting), why would they want to sell for less? This is why I've been leaning towards OTCN executing conversions (There is an incentive for those converting to drive the pps down. They can convert at something like 50% of lowest closing bid over a trailing period).
Honestly, unless viewing this through a lens where somebody is intentionally drivng the pps down, a lot doesn't make any sense. Such as we have $250M+ deal on the table, but our MC has done nothing but sink since it's announcement. We're now trading at a MC that is roughly 1/2 of the $250M. Doesn't make any sense at all.
Good Points Valuator. Although if correct, given that we're supposed to be a public company, and #Audit, #Uplist, and SEC Reporting have been dangled for quite some time, I'd expect Charles to let shareholders know what is going on.
For example, tell us if Gries & Assc are working on auditing 2022, so they can follow through on SEC Reporting/Uplist? If not, then why?
Welcome to my ignore list.... Bye now....
Looks like the Pattern is spot on, once again.... Unless we see a major flip in the next 40 minutes, I think next week is going to be another bloodbath in silence....
And right on que, end of day, VIRT appears to hold/push this down as far as they can. When OTCN drops the ask lower, VIRT disappears. If OTCN goes away, VIRT is immediately back to hold it.
Both.
1. We are severely undervalued. C3 for HIV only projected at $100B+ over first 11 years, which would put our pps around $3.10-$3.15. This doesn't include anything but C3 for HIV.
If we want to break it down even further, we have $250M deal on the table, and our current laughable MC is about half of that.
2. They have a problem with over-promise/under-deliver & shareholder (commons) communication. This is a problem, but doesn't take away value from the actual technology (C3, ITV1, etc..)
I always find it interesting how quickly the RSI moves up whenever we climb even just a little bit, but on the flip side, when they're selling unlimited shares and driving us into the ground day after day after day, the RSI has only dropped roughly 1/2 point today, keeping us a few points above technically "oversold." See pic below (circled RSI in white) how it rides just above oversold for the past 11 days (since 5/18 and with 10/11 red days)
I think today's close will tell us what to expect next week. If we don't see an increase in volume & pps prior to close, I wouldn't be expecting much next week. If we do see an increase in volume/pps prior to today's close, I'll take that as a good sign that some kind of news is coming next week.
I also don't like seeing STXG moved to a new, lower perch (.0467). Makes me believe that we're gonna continue being pushed down...
And VIRT showed up right on que. Right when they start the drop, VIRT appears to assist OTCN and hold it down. Again, the only way that driving the pps down makes sense, is if they're doing it for a lower conversion price. Other than that, why on earth would the OTCN seller want to sell for less? Doesn't make any sense.
I couldn't agree more.... As it stands right now, you are correct. PR's make their way through current shareholders, but not getting any new eyes.
raja - I can't speak for everyone here, but I believe a large part of the frustration is due to the "under-deliver" that we've experienced, coupled with 2+ years of a non-stop beatdown. We are so incredibly and severely undervalued, it's almost incalculable. We also know with 100% certainty that there has been a lot of illegal shenanigans that's went' on over the past 2 years to control this pps (specifically VIRT), and it's gone completely unaddressed from the company. VIRT is supposed to be a market maker, and therefore they should help to "make a market." However, all they do is show up and use their algo and MM status to control/hold/push down the pps. They never sell, just appear on the ask to give the illusion of stacked, and hold it down. When the ask falls to them, they immediately disappear then show right back up, so the ask is not on them. This is 100% controlling & not market-making, not to mention illegal, and it goes completely unaddressed.
For this stock specifically, VIRT is always in sync and appears to be working with OTCN/OTCX. The fact that they continue to show up late in the day (synced up with OTCN) to hold the pps down, it makes me think that OTCN is executing conversions (conversion price is something like 50% of the lowest closing bid price over past X number of days. In other words, it's an incentive to drive the pps as low as they can). We see the same takedowns (10:30AM and/or 2:30PM) every day, and when we see those "cliff-drop" takedowns, that is when VIRT appears on L2 like clockwork; but not to buy/sell, just to control. Every day is the same, as shown below...
TODAY (6/2)
THURSDAY(6/1)
People invest in stocks to make money and/or have their money work for them. However, those who invested in ENZC have seen anything but. We've been beat down and held down for 2+ years, so that money we invested in ENZC definitely has NOT been working for us. It's been stagnant at best, and Charles/Chandra haven't exactly instilled confidence in everyone with what seems to be a cyclical ride of missed dates, timelines, and goals. I personally don't have a problem with that cyclical ride, as it's expected for small/young companies, but as a public company, I believe Charles could do a much better job of communicating. Everything we get from him via PR/filing, is extremely vague for the most part, which results in nonstop guessing/speculation. If we're gonna miss a deadline/date/goal, he should give detailed explanations as to why. Especially if it's something they've been dangling in front of us for years (SEC Reporting, out of pinks, etc....). I believe that a lot of us here who are frustrated would feel much better if/when something concrete/tangible is actually completed or if Charles would come out and give us some explanations:
- Why are we not SEC Reporting
- Why did they increase the AS by 900M
- Details on SAGA Deal and what happens to ENZC after deal is completed.
- What happened to the 27 IPF retailers?
docsetc - Don't get me wrong, I'd love to see a PR stating that the first African patients were given the HIV Treatment, but unfortunately I don't believe that will be anywhere near enough to bring in the retail we need.
I say this because we need MASSIVE volume/buying to offset the unlimited shares being sold by OTCN & INTL, with VIRT acting as PPS control (although VIRT not around so far today, but still expecting to see them by 2/3PM). We know that they could have up to roughly 1B more to sell, but if we're lucky thats not the case and their almost finished. My point being that for them to bring retail into the game in MASSIVE numbers, I think we'll need a bigger PR than ITV1 beginning in Africa. In addition, I believe that we'd need clarity on SAGA Deal & more specifically what happens to and/or what is the plan for ENZC ticker after the deal is done? Without that clarity, I personally just don't see those on the fence jumping in, but I hope I'm wrong....
Well Xtemetz1, I think the question then becomes: "Does CC actually care about his commons shareholders enough to worry about their concerns"?
I'm not saying he does or doesn't, just asking the question based on past 2+ years.
I cant believe CC is so smart and legally nonweldable and he cant find a way to ease investor concerns. Come on CC. The bullshit has got to stop and timelines need to be dropped in the laps of your devoted long term investors who continue to believe and defend and fight negative market sentiment on behalf of the company!! That's you job ! You cant convince me that you don't have a couple hours a week to spread a little hope and sunshine for your defenders !!! Sill holding out hope but dwindling everyday !!
One thing is for sure rockie, they have catalysts that they are & have been sitting on (move to SEC Reporting & move out of pinks, both of which could've and should've happened sometime over the past 6+ months)
This would be ideal raja, but I'm not getting my hopes up. When deals like this are in the works, the pps begins to reflect it over time (starts climbing towards that accurate valuation). However, our pps has not. It has been illegally controlled and demolished for 2+ years now, without so much as a peep from the company.
That said, I'm still hoping for the below to happen, just not holding my breath...
Or it is earmarked for some big event - as in some Pharma getting an equity stake in ENZC, around 20% to 25% ( not sure if- at all- it is going to be Samsung or Regeneron etc. hence won't take names).