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The future revenue from this development is where our value lies. Exciting!
Once completed, the transaction will provide BGEN and VIRO with significant additional capital to continue developing and expanding their existing and future technology platforms.
Sagaliam expects to raise additional capital through private investment in public equities ("PIPE"). The anticipated capital raise from the PIPE is expected to be primarily used by VIRO to pay transaction-related expenses and fund the clinical trials of it anti-HIV therapeutic ITV-1, complete the African Project and advance marketing of IPF Immune™. The funds are to be used by BGEN to complete the production of and test species-specific monoclonal antibodies (mAbs) for treating [/b]COVID-19, HIV, and Feline Leukemia. The funding will significantly enhance BGEN's drug discovery capabilities using its proprietary, cutting-edge Artificial Intelligence (AI) technology and enlarge its IP portfolio while also expanding the AI platform's capabilities to advance health care from that based on reactive disease care to P4 medicine, namely care that is predictive, preventive, personalized and participatory.
Have a great trip Coach! ENZC news will make your trip more enjoyable!
All signs point to the move up coming soon. In the meantime, I will take some more at .0023.
I would like to say thanks to those that have been selling. Any positive announcement now will move us upward. The selling action today is different than the past few days and my long time OTC trading experience tells me that the selling is about over. INTL moving in and out is different than usual and could be a sign of his sell order being complete.
Doing great Rockie and thanks for asking! Walking a mile a day and had a PM adjustment yesterday. My low HR can now go to 70 with the upper at 100. That will help with not tiring as easily as in the past.
Of course, I would like some ENZC excitement and test that 100 beats per minute. LOL
Sounds like you're doing well with your hip. Therapy should continue for a while as it will help.
Hey Doc, I am on the same ship as you and a firm believer we will set sail in the near future. Multiple developments are coming along, and we could hear significant news at any time. Patience is required as we await announcements. Good luck to all the believers in ENZC.
Yes, I won't waste my time! I know what I own and do my own DD. All good!
Thanks Timing! While the African development of Virogentics is important for the future of ENZC, the future value of Biogenysis may in fact have the potential for a much higher value. By using AI in drug discovery and the quick turnaround in doing so has the potential to bring in large revenues and can do so in a short time. A pay for service fee and or a license fee. I love the potential!
Stop losses just got hit! Some never learn!
Thanks Falon for reminding us why we hold on to our investment in ENZC. Half truths and outright lies do not affect my belief in the future of this potential life changing medicine.
Solid information! Continue development along the way. All good!
Added more this morning! My bet is that we will get an update soon. Any solid information will take this back up and as history has shown, it will move quickly.
And just like that OTCN is gone. https://investorshub.advfn.com/secure/post_new.aspx?board_id=16827
And as soon as I post that the MM's look to not be taking us down then OTCN shows up. Ugly development!
MAGA, I cannot see any reason that SAGA will be delayed any longer than necessary to complete the transaction. IMO it doesn't help either party. I also do not believe we will see the volume before price action like we did in the "good old OTC days". The management teams involved seem to be very closed lips and not much will be released until its time. In the meantime, I have the opinion we will hold around this current level as I do not see any attempt to take us lower. Of course, we can always have "Joe retail" place spoof large asks to try and manipulate the PPS. For now, we watch and see.
That is great! You probably just showed off to the good-looking nurses. LOL
Sorry to hear Art! Sending prayers your way. I cherish each day now and look forward to as much family time as possible. The best to you both!
3-5 days of pain and it starts to get better. Careful with the pain killers. Coming off the opioid is a nasty feeling. All better in a few days to weeks.
Nice 250K hit on the ask. Someone believes in ENZC just as I do!
In agreement here!
Whoever has unrestricted shares!
Trading by OTCN, INTL and ECN's all can affect the PPS. And yes, we have in the past and as of today it continues.
The whole point of this discussion is whether shares being dumped are affecting the PPS. It is not by accident that OTCN and INTL show up when shares are available for dilution. It also may very well be electronic communication networks (ECN) that are trading at the same time, but my bet is that OTCN and INTL are the culprits here.
Yes, I can! A total of 158 million shares became unrestricted between April 19 and May 30, 2023. OTCN and INTL are known for dilution and represent sellers of large numbers of shares being sold. It doesn't take much to understand the combination of unrestricted shares and two MM's who sell large quantities of unrestricted shares will affect the PPS and the ability to control it.
The "club" as you refer to is an imaginary group that Jim64 created well over a year ago that consisted of large, long-time holders of shares that joke about having a club house with waiters, parking attendants as well as other workers to take care of the so-called members. These "workers" qualify for their jobs by posting negative comments about ENZC. Nothing more and nothing less! All in fun! I hope this helps!
OTCN seems to have disappeared for now and if INTL would do the same we can head toward .06. The financials are getting cleaned up and getting ready for the SAGA completion. Patience is required here!
Again, this morning we have three trades of 999,999 and the ask did not change. Strange and hard to follow how this is trading.
Interesting! If so, why hasn't affected the ask amount?
Yes, in 10 plus years in the OTC, this is the most I have ever witnessed MM's holding it back intentionally. How many times have we seen 3-5 million shares in the green to only see a slight increase in the PPS and then witnessed a 1 million shake down for a major decrease in the PPS. Naked shorting with counterfeit/ghost shares and fake asks to scare people into selling. ENZC has had so many shareholders without knowledge of how to trade it has been easy pickings. Using stop losses on ENZC have proven to be a disaster for those who place them.
CSTI is trying to manipulate the PPS with the big ask and hoping it goes back down for a re-buy.
GTSM and PUMA are trying to short it after this morning's run up.
These 999,999 trades are interesting. MM to MM transactions? Cleaning share count up before news? Many questions but without answers.
Getting ready for future transaction! Looking good!
Now that is a down day!
I think you may be right. Good enticement to get her on board. Highly qualified to help with the African development.
Wished I knew! Could come at any time as multiple developments are underway.
I disagree! INTL and OTCN do sell shares as contracted by sellers such as entities and large investors who received cheap shares usually for loans and/or services.
Good point! My guess it is for an insider paying for services and or employment reward.
Actually we have weathered the dilution storm pretty good MAGA. These next few trading days until news will be interesting to watch.
I believe most of those .04's shares that flippers got have been flipped. That leaves the question of why INTL did not dump on that nice bid. IMOP that is a good sign that their sell order is either finished or close to being finished. Today may give us a better sense of what they are going to do.