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When you're a majority shareholder (own more than 50% of the stock) the remaining shareholders effectively become silent partners, whether they like it or not.
We aren't owed anything at this point as shareholders (especially as holders of a penny stock).
They ($ENZC board) are the majority shareholders, so they don't need to communicate to anybody except themselves.
We are not their financial supporters. They made the money on the stock when it was issued, not on the current PPS. Were you one of the initial shareholders to buy when the stock was issued (making you a true financial supporter)? I highly doubt it.
Please don't.
Just. Don't. No.
We want CC and friends working on proving out their product and bringing it to market. CC is smarter than us and has thought through these things better than anybody on this board. Let the man and his team work.
Go $ENZC!
I bet the ride was addicting.
Say a bunch of stuff on forums/boards/discord/twitter and watch your bank account grow with every press of the Enter key.
I apologize. I get frustrated when it's recommended on this board to reach out to the board members of $ENZC to ask to confirm/deny things that may be going on.
I also get frustrated when it's said that $ENZC owes the investors explanations and whatnot. I imagine the largest (majority) shareholders of $ENZC are the board members themselves, so technically, they don't need to explain anything to anybody.
$ENZC is not a large outfit, let them do what they set out to do and the PPS will take care of itself.
<rant over>
Go $ENZC!
No, item 1 has to come before item 2.
I think what you may be thinking of is the order with Samsung Biologics. In order to get through trials, they need to produce their product in a commercial setting (instead of as a one-off in a private lab) to prove that it will work at scale (once approved). This is what the order with Samsung Biologics is.
In other words, the order with Samsung Biologics is not a full scale production run to put product on the shelves for public consumption. Maybe this is the point that most everybody is missing when they read the Samsung Biologics PR.
There are really only two things that will drive the PPS of this stock to levels unseen before:
1.) Complete trials of a proposed product and have it approved/recognized by a universally recognized agency (FDA).
and
2.) Bring approved product to market through necessary channels and proper marketing campaigns.
Item 1 will move the PPS pretty well, but item 2 will move it further.
No amount of audited financials, 8/10-K reporting, uplisting, and any other administrative filing will move the PPS to where everybody is expecting it to go. Would these filings be nice and bring stability to the stock while moving it up a few points? Absolutely, but profits can't be created from filings alone.
GLTA
Go $ENZC!
I think I read on Twitter that the shadow buyers are getting anxious and upped their daily buys to 50 shares a day. Stand back for insane price swings!
I think this theory is pretty well shot to hell.
It may have made sense 3+ months ago, it doesn't hold too well right now.
This loading the boat theory is usually tied closely with the dark/evil forces theory, which is also a steaming pile of bull dookie.
Take a step back, look at the fundamentals. This stock is priced right where is should be.
Go $ENZC!
I would guess that stop losses have little to no impact on the PPS.
Who sets a stop loss and then ignores a stock in the OTC? It doesn't make any sense.
The decline in price is due to MM activity, shorts and the tiny volume that this stock trades in.
Here's a fun experiment: Take 10,000 of your shares and start selling them at the bid, 10 shares at a time. Report back what the PPS was when you started selling and the PPS when the last set of 10 shares were sold at. I'll bet my lunch money there will be a decent spread. This is because of the low volume. This is why we see the daily declines, especially when MM and shorts are programmed to sell.
Not sure $427,280 worth of transactions for the morning so far would be considered "massive".
I kind of hope that $ENZC does not take on any business partners.
For those hoping that Intel/Samsung Biologics will buy in, that introduces a possible problem: Giving up some level of control.
If $ENZC reinvents the business model for bringing drugs/cures to market (without having to go through big pharma), the less outside influence, the better.
I feel that $ENZC is at the point where Facebook was when Zuckerberg figured out that his company was worth more to keep and develop on his own going forward than it was to sell out. That decision has paid off handsomely.
Go $ENZC!
No harm, no foul.
Other people on the board were probably wondering the same thing, and now they may have more clarity on things.
Does it really matter?
There were two legal actions that I've heard/read about on this board:
1.) $ENZC filed a suit for slander/defamation/talking sh!t against this joker to shut him up and prevent him from interfering with $ENZC's business - this is no longer a factor because the Samsumg Biologics transaction provides social proof that $ENZC is legit and this joker has nothing to do with them.
and/or
2.) $ENZC is working to reclaim the shares that this guy holds. Again, not a factor because these shares are already included in the overall shares outstanding. $ENZC is doing this more out of spite because they feel this guy shouldn't be able to partake in future profits. If $ENZC wins, retakes the shares, and retires them/pulls them out circulation, this would raise the share price. I doubt this (retiring shares) will happen though.
Thanks! I just need to figure out how to buy puts on/short this thing...
Just curious, where are the profits that you speak of coming from?
Is it an OTC stock thing or something else?
I concur. It would be a big deal.
Hopefully you got your adds in before the current spike. If so, congrats!
Anything is possible.
If the planned milestones hit in November and December, I would say the odds would tilt to make it more likely.
This is the time to have grace and patience.
This company is what a 20 - 30 person outfit? It takes time to do all of the things that are required of them. People on this board act like they have the resources of a Fortune 500 company.
I for one appreciate that they're heads down working to get a viable/approved product to market. Once one of them makes it, they'll have the resources to do what is expected of them in a more timely manner.
The stock will continue to slide until then, and that's ok. I'd rather they have real news to report to truly drive the stock out of the gutter once and for all.
IMHO
Cheers to all!
Go $ENZC!
How do I do this google thing?
If he's the main string puller, maybe that's why he keeps showing up on my TV screen when I'm trying to watch cartoons.
Highly probably, but not detrimental to the company itself.
Those breadcrumbs are old, stale and have been eaten by the birds already. That's why we're still sliding lower.
This truly made me LOL. Thanks!
For what it's worth, today's trading session had no dark/evil outside influence on it.
7.7 millions shares were traded. If you did a calculation on a napkin (using the high for the day), that's $1.1M in transactions. In the world of finance, that's so tiny, it's comical. This means with ~$500,000 in capital, I can be a MM and push this stock wherever I want to. There are plenty of people on this board that could step in and play the role for a day.
Let's quit with the dialog of BP/the government/aliens/social media directly/indirectly manipulating this thing.
To distill this down to plain English:
$ENZC is paying Samsung Biologics to produce something using $ENZC's own recipe. Once Samsung Biologic delivers the completed product, testing (further clinical trials) will begin to ensure that it actually works.
Who's this Fauci character that everybody keeps yapping about?
Here's a thought (be careful reading the next sentence, your mind might be blown): Maybe Fauci is an investor. Maybe that's why $ENZC still exists. He probably put his hate/spite aside and bought 50+ million shares. If he truly knew/knows what he had, he could make all of the money with none of the responsibilities. This would free up his time to confuse the sh!t out of Americans on if they should wear masks and/or get vaccinated.
Of course, totally my opinion and entering the world of fantasy.
They don't want to influence the market in any way, so they're in "stealth" buying mode @30 shares/day. Either that, or they're big believers in dollar cost averaging...
If the government or BP wanted $ENZC gone, it'd be gone already. They wouldn't have made it this far and the government/BP would've used more direct tactics to take it down. The company would be gone so quickly that there wouldn't be time for all of these conspiracy theories to come up.
Can't tell if you're being sarcastic or truly have a tinfoil hat on.
If you'd like some counterpoints to balance the argument:
1. Patent the immutable sites on china-virus (cost the world trillions already), and we are worth less afterwards? - Patents are worthless until they're built and proven effective (by someone like the FDA, not a 3rd world country's version of the FDA).
2. Collaboration with INTEL (ongoing relationship) and we're worth less afterwards? - $ENZC is a paying customer of Intel's product and Intel did marketing through a whitepaper on how one of their customers is using their AI product.
3. Samsung PR, and we're worth less afterwards? - See response to Intel above (minus the whitepaper part).
4. Same efficacy as Tamiflu with 20X less the toxicity, and we're worth less after those results are publicly disclosed? - This is nice to know but has no impact on $ENZC's prospects. Tamiflu wouldn't be on the market at all if toxicity were a problem. It's like saying Advil has lower toxicity than aspirin. Who cares?
5. Projected 10YR earnings for C3 along at $100B+, and we're worth less afterwards (cut in half at that time... from .30 to .15). - Projections are made up numbers. Especially if you don't have anything current that approaches anywhere near the projections. Sorry, $200k in revenue is a reach to extrapolate to $100B
6. More "pre-market fakedowns" than I've seen on all other tickers that I've traded combined. (By pre-market fakedown, I mean dropping the ask lower than prior close, before the market opens. This should only happen after bad news, bad results, etc..., but with it us, it happens several times per week. This cannot be retail.) - This is the result of regular MM activities, shorts and the low daily volume that are being experienced.
To be honest, I've believed in all of the points noted above at one point or another. I hope that most are true, but feel they're unlikely.
GLTA
Go $ENZC!
When the muzzle comes off, the chastity belt goes on.
WAIT.
WHAT?
Sorry, trying another analogy/conspiracy theory on for size. It's not going well.
Go $ENZC!
The muzzle comes off when $ENZC cures rabies. That's why CC has it on the first place.
We thought the muzzle was an analogy, but it's literal. Poor CC! Thoughts and Prayers for our boy!
Go $ENZC!
Hang this on the wall next to your monitor.
Daily $ENZC stock price prediction table:
Was there good news since the last trading session?
YES: The PPS will go up.
NO: See bad news or no news entry below.
Was there bad news since the last trading session?
YES: The PPS will go down.
NO: See the no news entry below.
Was there no news since the last trading session?
YES: The PPS will go down (but not as severly as bad news) due to regular MM activity, shorts and low trading volume.
NO: This is not an option, since all possibilities have been exhausted.
News constitutes NEW information from a reputable source (directly from members of $ENZC and/or titans of industry PRs). News is not regurgitation of previous PRs/podcasts, tweets from people unaffiliated with the company, conspiracy theories or shareholder opinions/conjecture/whims/imagination.
I hope you find my guide useful.
Go $ENZC!
This has been explained 12,486 times.
There are evil forces out there with the expressed interest of beating the PPS of $ENZC down. They have great resources and influence, but choose to manipulate a penny stock in the shadows and through MMs.
These evil forces are also beating the PPS down to load up on shares (848 billion of them evidently) over the course of 8 months, because they want the shares on the cheap and are extremely patient.
Not sure if I got the summary right, but I'm sure someone will correct me. In the meantime, I'll work with my penny stock conspiracy generator to see if I can add any bullet points to the list.
Go $ENZC!
Cheers y'all!
Good point. Sellers are off chasing other sticks while the perfect stick (that they drop) is available.
I think the uplist is kind of a non-factor. Would it be nice to have now to add some stability and create awareness for a small pool of possible new investors? For sure. But think about it: If some of the milestones hit and the PPS takes off (past $1/share), the uplist will happen and nobody will really care at that point.
Get a proven product out to market and the rest will take care of itself.
or buyers. I know, Captain Obvious here...
There are people on this board that bought in at the trips and I'm sure it influenced their comfort levels.
Did it give everybody in their family F-You money? No, but it did make their lives better.
Now, if you bought in or around the high seen last February, then your statement holds.