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Hey any of the ( X ), discord, or anyother platform ask Chandra what he is naming his yacht? GLTA
Under the terms of the agreement, Biogenysis, Inc. (“BGEN”) and Virogentics Inc. (“VIRO”) will become wholly owned subsidiaries of Sagaliam Acquisition Corp, which is currently trading on NASDAQ1. The new company will adopt the name SAGA Scientific Holdings Corp.1.
1 accesswire.com
https://markets.financialcontent.com/stocks/article/accwirecq-2023-4-17-enzolytics-inc-announces-execution-of-non-binding-term-sheet-with-the-special-purpose-acquisition-company-sagaliam-acquisition-corp-and-updates-the-progress-on-the-african-project
The other thing that is on a timeline for SAGA, which they have not addressed shown below , along with the plan to the SEC. If the judge rules against them and the creation of the 45m shares they will be delisted. Oh what will December hold for all of us? GLTA
Sagaliam Acquisition Corp received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC on May 26, 2023. The letter notified the company that for the last 30 consecutive business days prior to the date of the letter, the company’s Market Value of Listed Securities was below the $50 million minimum requirement for continued listing on the Nasdaq Global Market1.
In accordance with Nasdaq Listing Rule 5810 © (3) ©, the company will have 180 calendar days, or until November 22, 2023, to regain compliance with the MVLS Rule1. If the company does not regain compliance by this date, it will receive written notification that its securities are subject to delisting1.
Learn more
1
finance.yahoo.com
2
investing.com
3
globenewswire.com
4
nasdaq.com
5
mornings
The big misinformation is the share structure hasnt changed since the big run up. Listen at the 55 second to 1:12 That is when I stopped listening. GLTA
Everything that you have been asking people here that don't have an answer for you, better than writting thoses letters you tell everyone to write. Do you need gas money I am sure we can scrape it up for you. 30 miles really GLTA
BM that would be better then sending all types of letters. I know if I lived 30 miles away I would drive over and ask questions and verify they are there and will be for awhile. You are close enough tocheckout the investment for all of us.
Have a great Thanksgiving GLTA
Thanks for the updates and email address so it can be lit up by all that would like to do so. GLTA
Maybe that A S S Clown will move it up to .10 for all of us. GLTA
I think they are doing that so they can give the other 400+ to make whole later on to us and we will be grateful GLTA
How much do you get paid for being a moderator of 13 boards
I guess a question that we are over looking or avoiding. SAGA up the purchase price to 450m from 250m which they didn't have in the first place. They told us that they would be closing in a month or two back in the summer then extended it out a few times , which proves they don't have the 450m backing, the deal didn't close as they said it would and now need up to a year more. When this is all presented how does that look to a judge that sees the closing they claim has happened, the issueing of shares to the leaders of ENZC for the two companies and then need a vote to extend time needed to get said 450m in funding to support the SAGA share price. Some will say that is for funding of the 2 companies, it is also needed to give a valuation to a SPAC then to SAGA, if not the additional 45m shares will drop that share price dramatically without anything else in it's filings of value right now most shares are sitting idle of that 45m so it hasn't dropped once freed up it will be a different story oneway or the other. ENZC for 2 years didn't have more than a .05 average while holding the two subs if they are the value it didn't help share price or it would be higher, so moving the technoknowledge to SAGA doesn't increase overnight with nothing more than PR's that have not gone anywhere for ENZC.
The other interesting thing is that nowhere did SAGA mention they filed a plan with NASDAQ as required to keep from delisting that date is coming up also, along with stating they have sent the finalized deal that is claimed to be completed Sept 30 to SEC for approval.Wouldn't you think in their last two posting they would have addressed thoses two issues. Yes maybe the sueing party did a verb agreement they would vote yes, they do have the right to change their mind the vote hasn't happen right? So that is the major point they are saying , they were not informed of the vote and if ENZC doesn't have thoses newly created shares that vote by everyone is not a given.The original investors maybe are tired of 2 years and nothing was finalized by Barry until this last minute stunt, maybe they are asking the same thing we are, why hasn't ENZC with said good test results any further than they currently are, why no big backers for funding, why late filings all the time, why all the stated things from 2021 2022 and still nothing. If they had follow thru ENZC would be in a better tier of the market, a market cap better than it is and wouldn't have to worry about a SPAC with the cure in hand.
It is going to be a very interesting upcoming few weeks waiting to hear all this works out. GLTA
With the shares being issued to ENZC as they stated , it will be interesting to see if that date is the start date for dividend to be paid, since they are stating they recieved them and they nolonger own the two companies? GLTA
So now we need to keep an eye on ,does ENZC stay and keep renting at Texas A & M , and who actually remains. Management's 3 year contracts with ENZC is expired or is close to it. Hopefully we will see late filings as usual but they keep that current. The other thing I wouldn't past them at this point is a R/S before the dividend is issued. GLTA
Hey Jim what is your take on all this?
I guess he can't read and understand what he even post . Please respond back GF it says best est. so what is good about that
https://www.courtlistener.com/docket/67985445/gld-partners-lp-v-sagaliam-acquisition-corp/#entry-22 they filed does anyone have access to Pacer to see the actually filing?
So nothing from GF to report after the court filings ??
We most have been on the same page at the same time . GLTA
Make it real easy for you . read NOV 17 DOC and Todays 11-19 filing TRO GRANTED and will most likley be signed off tomorrow by Judge with dates filled in.
https://www.courtlistener.com/docket/67985445/gld-partners-lp-v-sagaliam-acquisition-corp/
Gotcha I think people are questioning what Enzolytics knew with the share issues to their management team, and that they should get out infront of it if they can say they didn't know or have involvement, which they should if they can honestly say that. We all knew the 36m were not going anytime soon to the shareholders if at all, everything was examples not this is our plan definitely
We are on the clock now for news one way or the other.
GLTA
Did you
DRHUMI are you trying to say since the party you are trying to do a deal with are running out of time , they need to extend the time needed to complete the deal , you all the sudden get 45m shares issued to your company over all , 2.5m to four of your management team and then you get to vote on the deal to extend and you don't question it , You dont question where the 45m shares came from and you know you haven't closed the deal. The said company is behind on filings for the year , notice of delisting to the same NASDAQ you are trying to get to by this deal, and the SEC has to approve. Enzolytics management doesn't question a thing or doesn't know that their votes are needed to pass an extention.
OKAY I see your point. I just got 25m dollars of stock and you throw up your hands and say Yeah I got shares " I don't have any knowledge of why and how but again Yeah "
The fact is a court ordered TRO something is there they don't just ordered them, your defense lawyer replies with BS and doesnt send anyone to the hearing.
We will all have to wait til tomorrow, if as you say Enzolytics doesn't know anything they should come out with sometype of statement, if not at the very least it is a bad look.
Not going to argue anything , because their is nothing else any of us can say one way or the other that will change what is currently happening and hopefully be put to rest tomorrow.
We all see what was filed in court , what was responsed to, and the ruling, now it will be what is filed tomorrow to see what will happen. This could be why Enzolytics didn't file on time they wanted to hold off til after the vote to verify that the vote did happen and they could claim thoses 45m shares , if not and they filed that they held all thoses shares a question would be how and what did you give or get for them would be questioned.
I and others didn't say it was CC fault , we are questioning what they know about how they got thoses shares when the deal is not finialized
Enjoy the rest of the football games GLTA
Way ahead of what I think you are asking which I know I or anyone else won't get a reply
Sent: Friday, November 17, 2023 8:32 PM
To: bkostiner@fintecham.com; info@enzolytics.com; csc@bioclonetics.com
Subject: Honesty
Any of you would like to respond and tell the shareholders what this is all about
bigtalan
Re: None
Friday, November 17, 2023 5:07:50 PM
Post# of 190361 Go
I just posting this again so everyone can read the complete 24 page filing. IMO as we pointed out awhile back how did the Enzolytics get SAGA shares this will explain it and kinda appears that the ones that got the shares knew why they were getting them in exchange for voting rights. Would we be able to get thoses share that she and he got back to ENZC most likely not . CC just did the samething Harry did in the past gave shares away
I would love to see how GF or anyone else can spin this. GLTA
https://www.courtlistener.com/docket/67985445/1/gld-partners-lp-v-sagaliam-acquisition-corp/
Thank you
Thanks 89. Now we wait to hear CC update or read the filings next week. Have a great weekend all.
Understand what you are saying , what I was pointing out was that he went thru all the bs to get the books done then didn't follow thru way before the SAGA was a thought this should have been completed and followed thru one. Uplisting should have been done since that was a major objective he stressed. Now we wait again for news. GLTA
The Enzolytics 10 years that I posted is referring to Harry and his farther to put something together or get his work out over the past 40 years they have been working on it. Saying Enzolytics had 10 years was not correct since they haven't been around that long but what they were promoting has been around longer than they have was the point. Just wanted to clear that miss step with their name and ten years. GLTA
I was saying I don't know because I am not on thoses boards but we sure see it if it is good and silent when it is bad or not to the liking. What I also said was his positive gets posted and nothing else , atleast a few here will post positive and negative because this is what the board is suppose to be about , to help each other. Not bashed for stating the facts good or bad but I forget the times we live in , it is only oneway thinking for the sheep. Every post about him or the others on the other boards I have told anyone pass it on to them. I know he reads here to because if it is positive and the unicorns are flying he response to people on this board including me.His milestones have come and gone, yes some of the info is good never said it wasn't.
What is your take on the info that was posted today and the slight of hand it seems SAGA tried to do ? GLTA
I guess the cheerleaders are all talking to figure out how to spin this mess. Just keep in mind we were bashing when we had questions, now that the truth has been put in a filing to the courts we have crickets. It is a bad look IMO Enzolytics management didn't do DD , or review anything about SAGA and just ran with the word of Barry BS. I am sorry but as others kept telling us that CC is a lawyer and he wouldn't , I even recall someone telling me that he would go with the lawyer CC over what I was posting. Again I am holding 4m shares and want Enzolytics to succeed but if this goes the way the SAGA details are showing, it isn't a good look for any of them in Enzolytics management.
Hopefully like others are saying maybe another SPAC, buyout ect.. where are all the partners that was to be working with us, Enzolytics has had 10 years easy to get sometype of backing for what they said was already tested but not completed. Hopefully we hear something from the EU partnership that was funding 100% , or was that just another SAGA pipe dream. It is a fair question because we haven't heard anything on that progress and that goes back awhile now. Hopefully we see that none of the management share count has decreased when they file next week , and what they are going to do about the deal with SAGA. I cannot believe they don't have a clause about fraud or misrepresentation as a reason to cancel the deal. I truely hope they didn't have a clue, but that is a hard one to believe right now. GLTA
I just posting this again so everyone can read the complete 24 page filing. IMO as we pointed out awhile back how did the Enzolytics get SAGA shares this will explain it and kinda appears that the ones that got the shares knew why they were getting them in exchange for voting rights. Would we be able to get thoses share that she and he got back to ENZC most likely not . CC just did the samething Harry did in the past gave shares away
I would love to see how GF or anyone else can spin this. GLTA
https://www.courtlistener.com/docket/67985445/1/gld-partners-lp-v-sagaliam-acquisition-corp/
from the filing I posted item 63. On October 26, 2023, counsel for GLD Sponsor and GLD Partners wrote both
Sagaliam, requesting an explanation of the issuance of shares to the Enzolytics Shareholders.
Both Sagaliam and the Enzolytics Shareholders ignored that letter and have not responded to it.
Page 1 thru 24 a good read , kinda says what alot of us here was questioning. No second hand screen shots of a page here full pages everyone can read. Now the question is did ENZC Management know or didn't know. GLTA
https://www.courtlistener.com/docket/67985445/1/gld-partners-lp-v-sagaliam-acquisition-corp/
DRHUMI
Re: bigtalan post# 190299
Friday, November 17, 2023 3:48:17 PM
Post#
190300
of 190310
Well, you have to go back to before the SPAC to have a valid point on uplisting, since that ended right there.
Not sure what you are saying then, I took this as you were saying they were ,my fault if not , Enzolytics is still Enzolytics they haven't sold anything , haven't received anything from SAGA , so that statement did not end there. I am 4m long and just want the best to happen. Not arguing with anyone here just pointing the issues the red flags that have been here for awhile with SAGA. Check my post GLTA
176 pages later and you are saying they can find another SPAC now , so what market have they been uplisted on ? They have a yield sign on Pinks correct ? I would not call that an uplist
Yes you would think they would come out with something to the shareholders a few worlds to explain what is going .
they have been uplisted when did that happen ,are they current currently filings up to date, are we fully reporting SEC company ? please explain your statement
Well he got Enzolytics books done and then didn't follow thru on uplisting , and ect, ect so who really knows at this point.
She is a co trustee
search states this ( I’m sorry, but the information about the owner of BN Holdings Trust is not available in the search results. The BN Holdings Trust recently agreed to purchase all of the issued and outstanding equity interests in Sagaliam Sponsor, LLC123. However, the specific details about the owner of BN Holdings Trust are not provided.) You may need to conduct further research or consult a professional for more detailed information. Is there anything else you would like to know?
Learn more
1
news.spacconference.com
2
nasdaq.com
3
sec.gov
https://www.nycourts.gov/REPORTER/3dseries/2023/2023_51077.htm
So he would sign knowing the deal is off at the end of year , when the SPAC would end in NOV per the outline?
Here is a link with all filings on this site . 4 no letters posted here LOOK THEM ALL OVER the last filing spells it out. IMO the original investors af the SPAC are done after 2 years of nothing.
https://archive.org/details/gov.uscourts.ded.84075/gov.uscourts.ded.84075.17.0.pdf
Wouldn't you think that Enzolytics (AKA CC) when first looking into making this deal would have said hey you guys are out of compliance on filings what is the cause. If you need your books done we used Gries to get us current for 2021& 2022?
He never does , use that magic button