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Bid at 0.0036, you will get your shares but I can think at lots of stocks that are better deals short term
No doubt you will in the 0.003s today or… shortly, whatever your time reference is. They really are a joke as far as communication is concerned
Lrt's stop the speculation for now and reconvene after the filing. It just adds up confusion without any factual basis, so all ideas are actually worthless. Not saying that we will have a full nor clear picture of the non biding deal by next Friday (their record for explaining things in plain English is not the best), but we should get new elements to weigh in our position in ENZC for the future.
yep, the inability to hold 0.05 for more than 5 minutes is absolutely impressive
Once again, it looks like "shortly" is in fact taking some time, and beyond
Doesn't he have more urgent matters to deal with, like becoming CEO on BGEN, or is his ego commanding to issue papers? The latter would be better served by proving his business acumen
Although the deal is non-biding, I don't see why SAGA would assist in the filing if they were not say 90% sure to ink the deal, so it is a positive for me. I guess they forgot a word in "the first of the week of July 10th", guess it's either days or half. So let's hope they make good on this timeline for a change, we could than have an interesting week next week, that is if the filing has some substance
HOD close on decent volume for a change. Is capitulation about to rnd? Tomorrow will give first hints
I emailed on Tuesday the South Kivu French speaking newspaper boasting the Panzi hospital for being on course for the trials. I asked them if they were planning to follow up on the development. No answer to datd, will keep you posted
Hope Shaun will use the weekend to reflect on the power of communication, because this week is a perfect example of how to create (negative) impact. Let's hope he gets his act together for the next PR
we are trading at 0.0002 pre RS. Nothing to brag about. Having said that, 25% of OS traded today. Many some news on secured financing are leaking. But we need 50 dollars post split to start getting excited
Well, I'll be glad with 17 cents per share or a 450 million marketcap. That's all that will be on the table for the foreseeable future
The question is, if the two subsidiaries are leaving ENZC ownership (and it is clear in the latest PR), what could the NDA be all about? Is it going with the deal as well? In any case, they have to teach CC to write a clear PR. So many PRs on the topic and still no clue on what is actually happening to ENZC shareholders is a great performance. CC should do politics. Lawyers are usually good at explaining things emphatically, what we get is more questions after each PR. The key question being : if we jumped to 0.13 following the 250 million deal, why are we hovering below 5 cents following yesterday PR?
Nothing seems to make sense
Stick a fork in this one, it is done. Great way to manage the exit from CE. They had 2 years to get organized and time a communication blitz, bur obviously there was no substance. RIP Ameritek Ventures
ENZC still has a 140 millions market cap. Other drug development companies have much lower market caps, so the undervaluation is all relative when compared to peers
The scary part would be we haven't heard anything in two years because there is nothing to talk about as no progress was made
The week looked promising but will apparently end up in a bloodbath. It tells a lot about management ability to convey their "strategy"
Market reaction well deserved. I hope they will get the lesson and the message for their future announcements
Reading daily the french speaking newspaper in Bukavu (Le souverain libre). You would guess the testing would hit the news when it starts. Will keep you posted if anything hits the wire
Will they ever be able to speak in the present tense??"Later this year" is probably not as good as shortly. In any case, no 2023 revenues to expect from this one. Very disappointing, so let's hope they are doing better on the acquisitions topic, otherwise we are back to 0.004s
It looks like he himself recognizes that ENZC is going through difficult times!
It is not a matter of impatience but in the biotech industry time to market is essential and operations can not afford any complacency. IPF launch was a disaster, ITV-1 seems to follow the same path, picking Sagaliam as a partner does not look like a fast track project (btw what happened to Samsung Bio in two years?) and none of the milestones listed in their 2021 presentation was delivered on time and most are still pending. There is NO way a small biotech without appropriate funding can survive in this cutthroat competitive environment unless they start to operate at a professional level. Science is great nut translting it into a sound business model appears to be real hard for them
I think the insurance issue is a smoke screen to cover the delay. Why would you need an insurance for a chance to save your life? Or it is part of the bribery scheme to have to be set up in order to do business in Congo
It depends, BGEN and VIRO might still have to pay royalties to ENZC, so it will be a way to get rid of the operational side of things, where they suck anyway.
The PR clearly states a change of ownership, so BGEN and VIRO should be out of the ENZC galaxy
It is creating expectations that are often unmet and brings unnecessary volatility. This week could be interesting thiugh if they make good on their teaser tweet. Software companies are usually high margin, so if there are actual sales, it could improve the cash flow situation quite dramatically. We should know … shortly, whatever that time span leans to Shaun
Where will the money come from? Not from operating cash flow obviously, do they’d better pump the share price to minimize dilution
I do hope by now that Shaun will stop twitting and rather act, given the repeated market reaction to his useless messages
Bid at 0.0066 though, it could get red any time
The markets seem to be very impressed again...
it is the "shortly" I like the most...
New update, that’s what I wanted. Too bad it is once again bad news, with further delays in the application process, but is it a surprise after all. I think they will never get their financing if they continue like that. Will check in pne year if anything is left from the company
New update, that’s what I wanted. Too bad it is once again bad news, with further delays in the application process, but is it a surprise after all. I think they will never get their financing if they continue like that. Will check in pne year if anything is left from the company
Down big on decent volume. Not looking good. Looks like 0.004s are in order for next werk
monoclonal antibodies take two and a half weeks to produce according to the latest article. May be it is a typo, because it has ben two and a half years so far. So something is definitely fishy and the rotten smell might come sooner than anticipated, unless they do get real financing soon. The Gates foundation is very active for Africa, why don't they ask good old Bill instead of Sagaliam? 250 millions is pocket change for him...
Shortly, I guess. I just hope one day Shaun stops talking in the future tense
Just an estimation of sales price. Maybe we need the same on the Flexfridge… if news is not significant, it’s better to keep silent, unless it was a test for a more elaborate comminication channel
I guess they will be available « shortly » too (aka much later). Instead of « focusing on price », they should focus on availability and delivery. Guess Apple will lower their price soon and get rid of a competitor. Premarket is responding with a yawn
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For your record
As a shareholder, I have the right to complain (a lot) when things do not get done in a timely manner when announced. If it were not an OTC stock, class action suits would be all over the place. There is amateurism in communication and I still have to see anything moving operationwise, hence z business plan. They never made good on their 2021 strategic presentation. The fact that the share price has not recovered its pre suspension level tells a lot, ie there is no credibility in the market for this stock at this point. So I'll keep bashing until I start seeing some sign of professionalism in the management team