CDEL: Public Enemy #1
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The share price doesn't matter as much as you think it does, it's more about the market cap and share structure.
Company A at $10 with an OS of 10M is worth the same as Company B at $100 with an OS at 1M.
Might be important to set expectations on the 2nd tranche as well. They said they were set to receive it first half of this week, not that they would PR the second they receive it. We may see news next week that it all went through this week
Not sure, we'll have to wait and see.
I'd be pretty surprised if they changed the name and didn't put out a PR to explain
I do not recall the company ever setting a specific timeline.
Please find and post links to where the company set a deadline of October.
How does one get on this list...?
That is still the case. I cannot trade it with Fidelity, but can with TD
(Fidelity is super strict with pinks though)
Theoretically, yes. That would be the minimum based on current (not projected) valuation
Hahaha, that makes two of us!
At a $2B valuation, a lot of us here become multi-millionaires already
Here's a pretty good visual breakdown of what mAbs do
17M traded in 15 mins, we’ll see...
It’s more about the market cap than the share price. It’s not a 1:1 comparison. TS*A trades at ~$400/share but their structure is half of what ENZC is. So for even market cap, ENZC pps would be around $200. Does that make sense?
Yeah, a $100 pps is a little outlandish to even talk about right now. That would make ENZC a $275,000,000,000 company at the current share structure... (for perspective, that would make it twice as valuable as LLY today)
Let's work on making this a $1B company (pps = .35) first
Current market cap is ~$22M
Look how tight this is trading too. 14M shares brought it up 10%, float seems pretty locked up at this point.
That’s how I read it !
“ Final documentation of the combination agreement is currently being reviewed with closing anticipated to be before the end of the month. ”
Absolutely! +1
Charles is the CEO, not Harry.
I feel like they will continue coming out as they're completed. The company seems very good at communicating real news without fluff, and at the frequency it is coming out, you can feel the sense of urgency. They're just putting out news and old fin disclosures as they're finished, but this stuff takes time. This is essentially like going through a 3 year IRS audit. How quickly could you get all of that in order? It would take me months... So I think we'll see it whenever it's ready, but make no mistake, it's coming soon...
I wouldn't think they would formally announce the merger until the company is current, so I think this will all happen within the next 3-4 weeks.
My opinion of course.
Based on the wording from the most recent PR, we can surmise the merger will be finalized within the next 30 days. (My interpretation of the wording)
Everyone should read the summary from this post 20 times! This is the best piece of stock trading advice anyone can give...
This was not mentioned by the company, only by posters giving their opinions.
Re-read the PR Bonnie
https://www.otcmarkets.com/stock/ENZC/news/story?e&id=1717739
I have, but there is no mention of a deadline for going current or merger completion. This all takes time. Be patient, it will come, IMO
link to 10/19 pr
When did they say this ?
Talk about getting co*ky... lol
This hasn't even happened yet and already saying 'I'm the best'... LMAO!!!!
Have a nice day. Hahahaha
Based on the wording here, we know merger completion will be final within the next 30 days, at the latest.
Any way you slice it, at a 2.7B OS they can't dilute too much more without raising the AS, and we'll know if that happens.
If this goes the way we think it will, in the grand scheme, none of these down days will matter.
There are those who've done DD, and those who trade techs, guess we'll see who comes out ahead in the end
This could be true too.
Yep, totally agree. They're moving forward with operations and if they didn't need to raise money, there would have been no real reason to go public. Just all a part of normal business.
New numbers are up
OS = 2,758,670,097
Float = 1,670,830,512
DTC = 1,570,574,659
AS stays the same at 3B
https://www.otcmarkets.com/stock/ENZC/security
That’s what I thought. Was hoping it would move into the ‘overcompensating gloating’ conversation we had earlier... lol
Told who to listen to what?
Hope you’re right, GL!
CDEL, OTCX, ASCM, ALPS, PAUL, and VERT are all in the box. They are diluting heavily.
Be careful everyone. Watching for now GLTA
Not saying anything bad, It’s just a bit hard to believe is all. There aren’t any names, details, etc in the pr. Just a HUGE number that’s supposedly in the bank.
The failed lilly trial. “The good news for the public is that these trials are being done very well. While this one didn't work, another one may prove beneficial,” said Matthay, the principal investigator for the local NIH-sponsored trial network, which also includes UC Davis and UCLA. “
https://www.msn.com/en-us/health/medical/eli-lilly-e2-80-99s-monoclonal-antibody-trial-halted/ar-BB1aw4mo
Yep, and the fact that the company is moving forward with what they've promised is all I need to stay in and buy more. The lower we go the more I'll buy. The company has not shown a single red flag yet, as far as I can tell.
Agreed. In my experience, the people that gloat ("I make perfect trades every time because I'm the best"), are the ones overcompensating for something else...
That’s a great question. Depends.
It can’t at the moment simply because we haven’t ‘officially’ merged yet. Once that happens I feel it should be fairly quick, but we’ll have to see. Depends on if more note holders still want out, or if there is other company news accompanying the merger news good or bad. Too many variables to say right now.
I personally feel we will blow past .05, as there is too much in the pipeline for Bioclonetics in the near future, and to become current, which they are obviously working towards, they have to disclose material events.
I think this will be a good play for everyone that holds.
IMO of course.