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Well, that's 140M new shares/dilution to the OS over the past few months (That doesn't include the 32.5M from last year, so if we add that, it's 172M in dilution)
So it looks like OTCN is dilution, and based on the 900M increase to the AS, means we could be dealing with them for a very, very, long time.
Unfortunately no. However, until OTCN is done selling and/or until we get some updates/clarity/answers/PR's from Charles, I believe we'll continue being pushed down. Don't forget, we've all seen how quickly they whack the top few bids, then immediately drop the ask to push us red, so as long as we're still trading in the "laughable range and OTCN is responsible for the bulk of volume," it's all the same to me (whether we're up 0.0005 or down .0005). We are beyond undervalued, and it's intentional.
We really need to hear some updates/info from Charles.
1. Why did we increase the AS by 900M shares?
2. Who is selling? OTCN sells, VIRT controls the pps/holds down at beginning of day until OTCN appears on L2, which makes me believe that we're either watching some kind of transfer, dilution, or more conversions (Don't forget they have an incentive to drive pps down for conversions). Strange trading IMO. Just watched OTCN bow out/disappear, then somebody else sold 1.3M at .053, and immediately after OTCN re-appears at .054. So if they're trying to sell, why bow out when big orders come thru and/or why not sell the 1.3M at .053? They'd rather sell unlimited 50K lots at .0525? Doesn't make much sense. Image below shows them re-appearing after somebody else sold the 1.3M, and second image below shows them selling bottomless 50K lots at 0525, as well as bottomless bidwhacks under .0525.
3. Where did the increase in OS come from?
4. Clarity on SAGA deal.
5. Why are we still sitting on SEC Reporting???
6. Last but not least, and may be late to the party on this, but what happened with the Savov case? We know it's settled, but did he actually get all 71M shares or less? This may have been explained already, but I haven't been watching much lately, so I may have missed it.
Anyway, point being that until we hear something, I wouldn't expect much of a change. Although I originally thought that we broke out of the pattern when we went back above .10, I'm not so sure anymore. All of that was erased immediately after, and now we're pushed down every day via the OTCN selling (w/VIRT assistance), as well as assistance from ENZC via their silence.
As long as VIRT+OTCN are allowed to control the pps, as they’ve been doing, we’ll continue to be driven down, or best case held where are.
If I had to guess, I'd say that some type of conversions are going on now, not just selling. Pretty sure that's the reason why they drove us as low as they could before they started selling... If I remember correctly, they some kind of discount like " convert at 50% of the lowest closing price over the prior 7-10 days, or something along those lines...) In other words, there is an incentive for the drive/hold the pps down when they convert.
I think we're well past 25K. I'm pretty sure that every shareholder bought several botles. $25K is only 625 bottles purchased. On the conservative side, I'd say that we're looking at a minimum of $40K (1,000 bottles purchase) but I think thats ultra-conservative.. I'd be more inclined to believe that we're pushing $100K+ (2,500 bottles purchased).
Could be wishful thinking on my behalf, but there were a ton of people waiting to buy, and Im guess that many went back for seconds. I personally loaded up the first time around when ordering from Rosetta/Bulgaria, and I'm sure many id the same once it became available in US.
Guess/Hope we'll find out tomorrow...
I hope so Mutat. I think there is one thing we can say with 100% confidence, and that is there are definitely NDA's involved with Clone 3 & mABS, in general. The question becomes, "at what point can and/or will they start disclosing what's going on then?" Hopefully sooner vs later, as I'm not sure that we can take another (-50%+) week.... Need some major love from Charles & co, and hopefully this week...
Yeah, really hoping to see the disclosure on Monday, and hoping that it includes some earth shattering news..... It's time!
Bonnie - I'm not really sure what you're talking about. I never suggested that he stole the shares, only that those70M shares were already accounted for in the OS, so any increase to the OS that we've see over the past 2 months (increased by 32.5M then increased by another 60 or so Million) has nothing to Savov. Nothing more nothing less....
Truthfully, I don't believe any of the added shares to the OS have anything to do with Savov. To the best of my knowledge, those 70M shares that were in question, were already reflected in the OS, so anything that's been added/increased recently has to be from something/somebody else.
So BT, did Savov get the full 70M shares?
Yup. Jumped up by exactly 20M shares. Went from 2,890,435,953 to 2,910,435,953.
Regardless of what anyone else is thinking, I still believe that moving to SEC Reporting should be #1 priority right now. There is nothing that would make my day more, than seeing this happen.
Honestly, I think we need OTCN to finish transferring their shares, followed by some kind of major news from Charles that will bring in retail from the fence, and make the VIRT+OTCN tag team obsolete, so we can get back over .10 and sustain the climb. If we can finally reach a point where we break .15-.18, I believe we'll be off to the races, regardless of what games are played....
Just watch VIRT for the games. Especially on the ask side. See image below. VIRT got hit for 185 shares, so they immediately bow out, then come right back in at the same pps, but now they're at the bottom (other mm's at same pps in front of them, so they don't need to sell).
This is why I keep saying that we need substantial retail buying to combat their algo and push this thing up.
I seriously doubt that's what's happening here. The point of dilution is raising funds, and OTCN worked in sync with VIRT to drive this pps under .10 before they started selling/dumping. If OTCN was diluting for the company, they would've began in the .12-.13 range vs intentionally pushing us down .04-05 before starting. Doesn't make sense.
Agreed. The past 5+ days we're pushing roughly 200M+ in volume, most of which was selling coming from OTCN, so they've gotta be just about finished....
I know I read some posts yesterday stating that the Savov case was settled. Do we know what the end result was? Did he get his full 70M shares, did they split 35/35, etc.... Just wondering if maybe OTCN is selling for Savov?
Hope you’re right, but we need a substantial increase in retail buying to break free, and I’m not sure that todays news will do that for us. Hope so, but not 100% confident that it will. Another 24 min and we shall see….
I hope so.... But typically whenever they hit us with a pre-market fakedown (drop opening ask lower than prior close), they hold us under it all day long. We'll see soon enough, but I agree that it's "games galore"
I'm gonna go out on a limb here and say that they're drop this under 06 at the open, then immediately stack under it, making 06 the new artificial ceiling. It really does seem as though they're taking us right back into 'the pattern," and we're gonna need something ultra-major-significant to break back out of it. The question now become just how low they plan on driving us?
Looks like they're not done driving this into the ground. News or no news, they're all setup for yet another pre-market fakedown. Just don't know how low they want/need to drive us, but this $h!t is getting old... Still have another 45 minutes to opening bell, but they're currently setup for pre-market fakedown. Let's see if it's a head fake, or if they follow through with it?
OTC DISCLOSURE & NEWS SERVICE
Virogentics and Enzolytics Refute Misleading Information Being Circulated on Social Media and Other Internet Outlets Biogenesis to be Featured in June Issue of Life Science Review
Press Release | 05/19/2023
COLLEGE STATION, TX / ACCESSWIRE / May 19, 2023 / Enzolytics, Inc. (OTC PINK:ENZC) (https://enzolytics.com/) Enzolytics wants to inform its shareholders that the ownership of the Company's patented technology is held exclusively in the name of The Zhabilov Trust, with Diana Zhabilov serving as the trustee of the trust. This ownership is verified by a review of the records filed with the USPTO and shown on the USPTO web site www.uspto.gov. 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.
Ownership of the Zhabilov Patents may be verified by a search of the Patent Assignment records in the U.S. Patent and Trademark Office at: https://assignments.uspto.gov/assignments/?db=pat
These records verify ownership of the subject patent is held in the name of The Zhabilov Trust.
For U.S. Patent No. 7479538
https://assignments.uspto.gov/assignments/q?db=pat&qt=pat&reel=&frame=&pat=7479538&pub=&intn=&asnr=&asnri=&asne=&asnei=&asns=
For U.S. Patent No. 8066982
https://assignments.uspto.gov/assignments/q?db=pat&qt=pat&reel=&frame=&pat=8066982&pub=&intn=&asnr=&asnri=&asne=&asnei=&asns=
For U.S. Patent No. 8309072
https://assignments.uspto.gov/assignments/q?db=pat&qt=pat&reel=&frame=&pat=8309072&pub=&intn=&asnr=&asnri=&asne=&asnei=&asns=
To further address the misinformation, Enzolytics and Virogentic want to inform their shareholders that all the licenses between Immunotech USA and Immunotech BG were canceled because of lack of performance by Immunotech BG, tortious interference by Mr. Savov the CEO of IMMB BG and by virtue of time limitations embodied directly in the licenses.
In addition, the Company strongly believes that, in consort with the individuals posting lies and misinformation on Twitter with the handle "Stocks and Stones" and on other social media, Nika Pharmaceuticals is making false claims on its website and in SEC filings.
The Company would also like to disclose that it is being featured in Life Science Review Magazine June issue as the most innovative monoclonal antibody company with a special mention of its AI platform and Monoclonal Antibody methodology.
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."
Enzolytics, Inc. Overview
Enzolytics, Inc. is a drug development company committed to commercializing its proprietary proteins and monoclonal antibodies to treat debilitating infectious diseases. The Company is advancing multiple therapeutics targeting numerous infectious diseases. One patented and clinically tested compound, 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.
The Company has proprietary technology for producing fully human monoclonal antibodies (mAbs) against infectious diseases which is currently being employed to produce monoclonal antibody therapeutics for treating the CoronaVirus (SARS-CoV-2), HIV-1 and the Feline Leukemia virus. The Company has also identified conserved epitopes on and has plans to produce mAbs targeting many other viruses, including HIV-2, Influenza A and B, H1N1 influenza, Respiratory syncytial virus (RSV), Small-Pox, Ebola Virus, Tetanus, Diphtheria, HTLV-1/2, Rabies, Herpes zoster, Varicella zoster, Anthrax, Mason-Pfizer monkey virus (MPMV) and Visna virus (VISNA). The Company has also analyzed epitopes of animal viruses and plans to produce mAbs for treating these animal viruses.
Safe Harbor Statement: This news release contains forward-looking statements that involve risks and uncertainties associated with financial projections, budgets, milestone timelines, clinical development, regulatory approvals, and other risks described by Enzolytics, Inc. from time to time in its periodic reports filed with the SEC. ITV-1 is not approved by the U.S. Food and Drug Administration or by any comparable regulatory agencies elsewhere in the world.
While Enzolytics, Inc. believes that the forward-looking statements and underlying assumptions contained therein are reasonable, any of the assumptions could be inaccurate, including, but not limited to, the ability of Enzolytics to establish the efficacy of its therapeutics in the treatment of any disease or health condition, the development of studies and strategies leading to commercialization of its therapeutics in the United States, the obtaining of funding required to carry out the development plan, the completion of studies and tests on time or at all, and the successful outcome of such studies or tests. Therefore, there can be no assurance that the forward-looking statements included in this release will prove to be accurate.
Such forward-looking statements are based on current expectations. They involve inherent risks and uncertainties, including factors that could delay, divert or change any of the statements made, and cause actual outcomes and results to differ materially from current expectations. No forward-looking statement can be guaranteed. These forward-looking statements are made as of the date of this press release. The Company expressly disclaims any intention or obligation to update the forward-looking statements or update the reasons why actual results could differ from those projected in the forward-looking statements.
Company Contact:
Enzolytics, Inc.
1101 Raintree Circle
Allen, Texas 75013
www.enzolytics.com
SOURCE: Enzolytics, Inc.
View source version on accesswire.com:
https://www.accesswire.com/756044/Virogentics-and-Enzolytics-Refute-Misleading-Information-Being-Circulated-on-Social-Media-and-Other-Internet-Outlets-Biogenesis-to-be-Featured-in-June-Issue-of-Life-Science-Review
Yeah Timing, I’m very interested/curious to what happens tomorrow, specifically as we approach power-hour. I personally believe that OTCN had some prearranged deal to sell those shares between 06-09, and hopefully they’re just about wrapped up.
As Catpole has mentioned several times, volume has increased due to the dumping unrestricted shares (OTCN). I don't disagree with him on that, I'm just a bit perplexed as to why they spent 2 weeks with VIRT, working to push the pps back under .10, before they started dumping/selling. Doesn't make much sense at all, if their goal is just to sell for the $$, as they forfeited roughly .04-.05 per share they're selling.
Possibly Catpole, but over the past 7 days, we've traded roughly 200M shares as we're being driven into the ground. I'm pretty sure those 81M could've been easily sold already as part of those 200M shares.
Well Tiger, theres a few ways to look at that.
1. The most Ultra, and I mean Ultra-Conservative way to view this would be the SPAC deal, which is valued at $250M. A $250M MC puts our pps at roughly .087. However, that is about as conservative as you could possibly get.
2. Our HIV mABS (Clone 3) are valued at roughly $100B over the first 11 years, which breaks out to $9.09 per year, which puts our pps at roughly $3.15 without any type of PE/multiplier factored in. Also, this doesn't include the value of mABS for MS or any other viruses/diseases, nor does is factor in the value of our AI technology. That being said, I think trading at roughly 0.32 pps, which is 10% of just Clone3, would be considered conservative, but fair.
Trading in the .04-.06 range is just laughable at best, and proves to me 100% that it is intentionally being held there. I don't pretend to know why and/or by who, but this range is a joke.
Patterns haven't lied for 2+ years 2b. Sad but true. What everyone should've noticed during the 30+ days we were moving up was that there was very little retail buying involved. The majority of volume during those 30+ days came from non-retail MM's (ASCM, VERT, INTL, JANE, & VNDM, all while both VIRT+OTCN ran their synced up algos to prevent us from actully movinb up/sustaining.) Once VIRT+OTCN took complete control and successfully drove us back under .10, we were as good as done. Took them 5 days to erase 30+ days gains.
Like I've been saying, we need retail volume/buying pressure to make/hold sustainable change, which unfortunately we just don't have. Too many on the fence as a result of way too many unknowns. At this point, not much we can do until Charles delivers something that will force that retail off of the fence. People want/need to know what is the plan for ENZC. NOT SAGA, but ENZC, considering that all of us hold large qty's of ENZC and desperately need to know what the plan for ENZC is. Why no SEC Reporting? Why suggesting that ENZC will continue on Pinks?
Anyway, until then, we might as well just bend over and take it, because we have no other choice... This is just ridiculous and will likely take us another 30+ days to gain back even 1/2-3/4 of what we lost over the past 4 days. Laughable at best...
I'll join in the pattingn on the back when Charles delivers SEC Reporting as promised years ago. But hey, that's just me....
Could be. Unbelievable that they're dropping us roughly.02 per day, and as of now have erased all gains we saw over the past 2 weeks, with nothing but silence from company. All of us ENZC longs literally deserve trophies for what we've put up with over the past 2-3 years, without so much as a peep from Charles and co.
I wonder just how badly they need to destroy us before Charles ends it/delivers something beneficial to push us to an accurate valuation.
If that's true, they should be just about done by now. Also, still doesn't explain why OTCN+VIRT worked to drive this back under .10, before OTCN began selling. It would make sense if they were converting, as some of those conversions are done at a 50% discount of the lowest closing pps over period of time. However, I don't believe there are any shares left to convert, so I don't think that's it. Just doesn't make any sense as to why OTCN would want to sell for so much less than what they could have.
Yeah, we need something major/tangible from Charles. Until we can sustain retail buying/interest, it's just way too easy for them to control the pps as they see fit. It's almost unbelievable that we're about to be back into the .06's.
We're not even trading at a MC equal to the $250M deal. Seriously, how much more intentionally undervalued could we possibly be?
Like I said, could they be anymore predictable. Only 38 minutes in, and they've successfully stacked under 08 as they continue dropping further, and further, and further.
Can't believe I'm actually going to say this, but sure does seem like we're being driven right back into the pattern that took us 2+ years to break.
Pretty sure we can kiss 08's goodbye for awhile. I think they're gonna keep stacking against it to hold below, and depending on how aggressive they become, we'll likely close around .078ish. 99% of the time when they hit us with premarket fakedown for open, they usaually close us just under the pps they opened us at. Maybe we'll see a small teaser or two where they allow us to breach 08 for a few seconds, but they always end up driving us back under that opening pps.
Could be, but the problem I see with this theory is that the dumping didn't begin until VIRT+OTCN successfully drove us under.10 (without actually selling). Once under .10, OTCN began dumping/selling, which makes no sense. Why not sell for an additional .04-.05 per share?
I personally believe theres a lot of transfers going on, while at the same time trying to shake retail for as much as they can. However, if it wasn't pre-arranged at a specific pps, OTCN would've been selling in .10-.13 range, which they didn't. Anyway, just a thought, because nothing else makes much sense.
Pretty sure we can kiss 08's goodbye for awhile. I think they're gonna keep stacking against it to hold below, and depending on how aggressive they become, we'll likely close around .078ish. 99% of the time when they hit us with premarket fakedown for open, they usaually close us just under the pps they opened us at. Maybe we'll see a small teaser or two where they allow us to breach 08 for a few seconds, but they always end up driving us back under that opening pps.
Could be, but Retail cannot change the bid or ask pre-market. We can place an order for buy/sell, but the pre-market bid/ask will not change to reflect it until after the bell.
Wow! Looks like the past 2 weeks was nothing more than just another game. Pre-market L2 showing that they're gonna hit us with another pre-market fakedown to keep the push down going strong. Games never end at ENZC.....
Starting to wonder at what point is enough enough? At what point will they allow us to sustain some green and actually climb toward an accurate valuation? Also seems that all of the players are here. (PUMA, VERT, INTL, ASCM, STXG, and I'm sure that the VIRT+OTCN tag team will appear after the bell.