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VIRT is not going to allow this up and/or back over 04
I couldn’t agree more bigtalan! I think $450M is insanely low, and feel as though Charles is giving away the farm; but that’s just me.
We’ll, looks like VIRT is going to ensure that artificial 04 ceiling remains locked in place….
Honestly BigT, I think it has do with ENZC Goals/Biz Plan vs that of BP.
ENZC and their mgmt team genuinely want to bring CURES to market that eradicate these diseases/viruses, whereas BP doesn’t. They want to continue with status quo of bringing treatments to market that target the symptoms, but not the actual virus/disease, as that would destroy their long term profits.
I agree with that, but also believe that BGEN/VIRO should be holding ENZC between .10-.15 (conservatively) until sold to SAGA, but for some reason we just keep getting pushed lower into the laughable .03 range. I personally don't believe this is organic.
Also, I believe that once the SAGA deal is complete, we will see/hear about some BIG progress, but I think Charles is waiting until they're officially listed under ENZC. Seems that he is doing everything possible to separate them from ENZC, so I doubt any big new pertaining to them will come while they're still listed under ENZC. Sucks, but I just think that's how it is..
One things for sure, they didn't waste any time this morning. Hit us with a pre-market fakedown, followed by immediate cliff-drop. Usually when we're hit with a pre-market fakedown, they'll hold us under that open (.0385 today) at all costs all day long.... How much lower they push from there is anyones guess, but that .0385 will be guarded with their lives... Gotta love it...
Well, they were able to add some RSI padding by pushing it up to 45 on Friday, so it's not exactly a shocker that VIRT+OTCN tagteam back in action today..... They have plenty of padding/room, so today will likely be an ugly day, and we could potentially see the VIRT+OTCN tagteam drop the .04 artificial ceiling down to .035 before today's close... Hope not, but that's how this pattern usually works.... The games here never end....
Yeah, that’s what I found as well on another site…. Pretty sure that’s correct and/or it’s right around there (between 4-5M)
Not necessarily. OTCN has sold somewhere around 1B shares since their reign began, and if they've been selling to SAGA brass (could be selling at agreed upon predetermined pps, which would explain why OTCN backs off as the pps goes up, waits for VIRT to take it back down, then jumps back in), they could be doing so in a way that holds the pps steady as it has. The only reason I've suggested SAGA brass buying, is because one would think that they'd want to increase their post-deal ownership. ENZC had to have shown them something to move the sell price up $200 (From $250M to $450M). However, right now I believe SAGA's OS is only around 5M shares. If 45M new shares are added for ENZC shareholders, then SAGA Brass's ownere % post deal is very small, but if they've been adding over the past 4-6 months, those shares would be eligible for the dividend and hey could each buy somewhere around 150M ENZC shares before they'd have to file/report anything (> 5%). Anyway, I'm not pretending to know anything, so this is just an explanation of my theory why I believe it's very possible that SAGA has been buying.
Again, at this point I'm just sitting back hoping/praying for the best, but I still believe that we (ENZC) are currently severely undervalued, and I believe that it's intentional.
Sorry DRUHMI - Just now seeing your reply. Honestly I'm not sure, but I'll give you my best guesses.
1. I find it hard to believe, nearly impossible that Gries & Assc finished 2020-2021 as quickly as they did, but still haven't finished 2022, which should've been much easier?
2. If the SAGA deal is going to happen, I believe those behind SAGA are doing everything they can to accumulate ENZC before the div is paid out, which would increase their post-deal ownership of SAGA.
Other than that, I don't pretend to know any more than the next guy, but what I've been watching just doesn't make sense. The entire purpose of selling a stock is to make $$, so why does OTCN stop selling as the pps goes up? Then VIRT usually shows up to help push back down, at which point OTCN begins selling again. Why sell for less? They've been doing it for a while now, and it just doesn't add up.
In addition, why are we trading at a whopping $121M MC, with a $450M deal on the table that should put us around .14-.15? Then everyone is expecting SAGA to hold at least a $10pps after 45M new shares are added, but how? The subs they're buying can't even get ENZC to $125M, but all of a sudden once under SAGA they'll immediately at $450M? Doesnt add up. Then if the make whole provision kicks in and they have to add more shares, that's just going to drive SAGA's pps even lower.
Anyway, there's just a lot that doesn't make sense to me, so I'm waiting to see what happens and hoping/praying for the best!
LOL... I don't/can't see any of hit posts (added to my "not worth my time list" long ago), but I'll take your word for it. I also know that there are some on here who will disagree with whatever I post regardless of what it is, just because of my name/handle, but that's ok... This board is meant for collaboration about differing opinions on the ticker, and I've always posted exactly as I see it. Right, wrong, or indifferent, I post it as I see it.
The funny thing is that I've been called a "basher" lately because I don't like the SAGA deal, but there was a time (Prior to March 2022) where I was extremely positive/optimistic about this company, and likely the most positive on the board. However, circumstances have changed since then, and I personally feel as though we're being hit with an RS, but their not calling it an RS because we're keeping our ENZC shares. However, if ENZC plummets back to trips after the deal, what would be the point of holding on to them with no assets or ops, and only robustomed (which will be spun out) + lawsuits . I am still hoping for the best, but I really just don't know what to expect anymore. Every night I pray that Charles has some Master Plan where he literally pulls a rabbit out of a hat to take care of us long "commons," especially those of us who held based on what we were led to believe.
Anyway, is what it is. Nothin any of us can do to change it. Just need to hope for the best at this point.
I hear all of what you're saying DRUHMI and see it as a definite possibility, but I disagree with your statement on ENZC's auditor (Gries & Assc). I don't think that it's Gries that has flaked out. Truthfully I believe they're finished with the 2022 audit, but for some reason Charles is not releasing it. I find it hard to believe and nearly impossible that they could wrap up 2020 & 2021 as quick as they did, but 10 months into 2023 they're still not finished with 2022 (should be a hell of lot easier than both 2020-2021)? I'm just not buying it. I think they're finished, but it is up to Charles on when to disclose/release it. But that's just me, and I guess we'll hopefully find out soon enough...
Thx Timing... Great post & thoughts.... In regards to the question "if SAGA pps goes down, then more shares are issue," I find it very confusing. I understand the concept of the make-whole agreement and what they are trying to do, but I'm a little iffy on how BGEN/VIRO can't get ENZC MC above $125M, but somehow they're going to immediately add $450M to SAGA? If they don't and the pps goes down, then more shares are issued to ENZC shareholder to make up for it. However, if/when more shares are added for the make whole, won't that just push the SAGA pps down further?
Anyway, I appreciate the response and like I've been saying, I'm really hoping that Charles & Co. somehow pull a rabbit out of a hat as it pertains to us (ENZC commons), because I'd be lying if I didn't say that I'm a bit worried as to the future value that ENZC commons will end up with (ENZC shares + SAGA Div). It seems to me that the majority of value, as well as the most future excitement will be held by BGEN (C3, C7, AI, etc...)
Timing - What are your thoughts on this and/or what are you thinking as to to why?
It would also be nice to see ASCM gone. With the limited volume that we've had, it makes it that much easier for them to do their thing (mainly short) and control the pps. Any time we start seeing some upward movement, ASCM will drop to the lowest ask & highest bid, then control from there, until they push us back down with adequate room/padding. I'd love to see them go away...
We just need something that will re-instill confidence in retail buying. That is part of the problem right now, and why it's been so easy for MM's like ASCM, PUMA, VIRT ,etc... to control the pps. Over the past 2.5+ years, that confidence has been destroyed, as we've watched & experienced the same trading pattern day in/out. In other words, we need some kind of surprise that will shock even the most ardent believers, and bring back that retail interest we once had. Whether that "something" is the "assumed Regeneron Announcment," or something else, we just need something tangible that attracts that interest and re-instills that confidence.
For the time being, it seems as though we're just going through another teaser. They're all stacked under the artificial 04 ceiling, and if by some miracle we break through them, OTCN is perched at .04 to ensure we remain under...... Likely just adding some more padding to RSI (closed around 36 yesterday & currently back around 44) Same thing, different day...
Let's hope that was one of the items they were waiting on before releasing something tangible/significant/pps-moving (upward)!
Good for you D3 and congrats! Always great to hear these kinds of stories!
Volume would be 1M
Congratulations D3!!! How did you do it/what protocol did you use?
I hear ya and agree 100% Timing, but even without Barry and the late filings, I find it odd that given the IP/technology that we were all led to believe that we have, Charles decided to go with SAGA? I would think that Samsung would've wanted to be part of this (the part SAGA is playing), so I'm just having trouble understanding why they or some other BP is not willing to pony up the $$.
But, like you've said, hopefully we get some true clarification sooner vs later.... We sure could use some.
Dyno, I used very simple math and a basic calculation to arrive at 0.30. In other words, I basically took 10% of the projected value of Clone 3 only. If Clone 3 is projected at roughly $9.09B per year, that puts ENZC pps over $3.00. Since pre-trial/pre-results, most Bio's are priced somewhere between true value & projected value, I took the lower of 10% to arrive at $0.30. It was much easier to do this, then to get into the thick of it with projected value for each item (C3, C7, ai, ITV1, etc....).
Just not sure why ENZC isn't following the pricing model of the majority of other pre-trial/pre-resluts bios. $0.03 is an absolute joke.
I hear ya Timing. I just want to see something different. Nobody can deny that we've been watching the same pattern for years now, and it has NOT been organic. There is and has been a very obvious collaborative effort to control this pps for a very long time, and I'm just looking forward to the day it ends and/or is addressed.
As I've mentioned many times before, I'm not saying that we shoul be trading at $1, $2, + right now, but I do believe that we should be trading at/around $0.30, and a minimum of $0.15, yet we're sitting in 03's and are being pushed lower and lower with each day.
Lastly, the other thing that I find a bit worrisome is SAGA. With everything that we supposedly have, and SAGA for $450M was the best they could do? Where is Samsung? Regeneron? Gillead? The only I thing that I can think of that would keep these guys away is that they do NOT want a cure. They want another drug/solution that will treat the symptons only, but not a cure that would wipe it out, along with their never-ending profits. Anyway, just a thought, but SAGA still concerns me.
LOL... I've had that idiot keyboard-tough-guy on ignore for quite some time now rockie. Only way I see any of those posts is by following other posters replies... Just not worth my time/energy to engage.... Let them type away/keep responding to people who will never see their posts....
LOL.... rockie - Sometimes I just wish that Mgmt of this stock would follow through with just 1 of the many items they led us to believe. Just 1 would be nice.
Audit
SEC Reporting
Uplist
Monumental Shift in 6-12 months (19+ months ago)
Wow... Haven't seen an opening "Cliff-drop" like this for a while.... Gotta love the mm games that never seem to end. Funniest part of this (not really funny) is that if we we jumped up 7%+ instead down -7%+, our RSI would've easily jumped 10-15 points, where as it only drops less than 6 points this morning and still sitting at 36.x. They've still got plenty of room before the next teaser spike to add some more RSI padding.... WASH + RINSE + REPEAT....
Pretty that is a result of ASCM's action. The only time they show up is immediately following a volume generating PR, then short us into oblivion. This is the by far the longest that they've remained active after a PR, during the past 2.5-3+ years.
Yeah, I've been watching them do that for a while now 29. Funny how easy it is for them to get away with these things, and they've been doing it here at ENZC for at least 2.5+ years now... One of these days it will come to an end... Or at least one can hope...
What a surprise…. Seems ASCM’s not gonna let this over 04, and anytime we touch 04, OTCN pops back up. Same shit different day.
The more I think about this SAGA deal, it makes me laugh. $450M deal but some how were stil trading in 03’s? What a joke!
3 years later and:
No audit
No SEC reporting
No uplist
No tangible/non-fluff news/updates
No monumental shift
Nothing but the same old story and pattern; and the ENZC famous “soon”
Well, it's just past 2:30PM EST, and ASCM still in control. Gee, I wonder what the chart will look like for end of day? LOL... Looks like they locked in the artificial 04 ceiling now, so the question becomes how low do they plan on driving this? This pattern has to have set a record by now. 2.5-3+ years straight, non-stop. Almost unbelievable, but this is ENZC, where nothing is unbelievable anymore... $450M deal on the table, yet we're trading at a whopping $120M MC. Supposedly hold the cure for HIV, and still trading in the 03s.
Serious question here. At what point does it end, and how does SAGA acquiring BGEN/VIRO increase their MC by $450M+, when they can't get ENZC to half of that? Also, I'd really love to know what Chandra was talking about 19 or so months ago when he said that we'd see a monumental shift 6-12 months or what did he think was going to happen when he tweeting with people about meeting up on yachts?
29 - The plan that we were all led to believe was coming to fruition was this:
- Audit was being completed to allow ENZC to move SEC Reporting, then uplist.
- NDA's put in place and backroom conversations with BP's pertaining to licensing the tech and/or helping to bring to trial and eventually market.
- All of this being done under ENZC
Then one day we wake up to find that ENZC is to remain on pinks, no audit, no SEC Reporting, and the majority of value/IP is being sold to a bottom of the barrel SPAC for $250M, and once that deal is closed, ENZC would be left with "no assets or operations.". Some time goes by, and that $250M increases to $450M, which is better than $250M, but nowhere near the true value that we were led to believe was coming to ENZC. Then over the past couple of months, Charles & Co have done just about everything possible to separate BGEN/VIRO from ENZC.
To be clear, I'm not saying that we won't make money with this SAGA deal, I just don't believe we'll make anywhere near what we were led to believe we'd make with the original route of everything remaining under ENZC. I would love to be wrong and hope/pray that I am, and that there is something else to this deal that we are not yet privy to. Unfortunately based on ENZC history, I don't think I'm wrong, but hopefully we'll find out soon enough....
I would have to agree with you here, because otherwise it doesn't really make any sense. The only part that frustrates me with all of this is that we were all led to believe that the true value of Clone 3 and other ENZC IP would be realized under ENZC, after they were audited, after they went SEC Reporting, and after they uplisted, which is why many of us held and/or bought more. As we watch this playing out now, it appears that couldn't be further from the truth and instead they are doing everything possible to separate that value from ENZC before disclosing it's true value to the world. Anyway, that's just the way I see it...
Exactly what I've been saying. So why sell the farm for $450M?
No disrespect Matat, but I think you're comparing apples vs oranges there.
Elon Musk - CEO of Social Media Co that he purchased at the request of ex-wife to help save free speech/stop censorship.
VS
Chandra - CEO/CSO of biotech company, where engaging with trolls, taking part in twitter spaces, telling people our "yachts will come," etc... is beyond outside of the ordinary.
That's what I'm "hoping" for rockie....
Yeah, I saw it coming from a mile away. These other companies/competitors (especially BP) have unlimited funds, unlimited resources, unlimited corrupt contacts in FDA, NIH, etc... (snippet below gives small example, but it's much worse than just this) and I knew they'd catch up if we didn't do/say/share/disclose something soon. What I find most intriguing and worrisome is that Charles is selling the farm to SAGA for $450M (45M shares) vs partnering with someone like Samsung, who has the funding and everything needed to take ENZC tech/mABS to trial and market. Why? Why has Samsung not ponied up what ENZC needed, especially when they came out like 1-2 years ago and said they had billions of dollars to re-invest in their lines of business. Just seems a bit off, as I always believed that Samsung was the most likely.
The only thing I can think of is that they wanted ENZC SEC Reporting and wanted lawsuits wrapped up before diving in. This could be why ENZC is falling over themselves trying to separate BGEN/VIRO from ENZC. Or even just as likely, but worse, Samsung, like many other BP's does not want an actual cure. They much rather prefer the status quo of treating the symptoms vs developing cure.
Anyway, just food for thought. All of these years I've been praying before going to sleep every night that I'd wake up to news Clone 3 curing HIV, followed by ENZC+Samsung Partnership, which would drive ENZC pps into $dollarS. Still hoping, but pretty sure that prayer, dream, wish has gone by the wayside with this SAGA BS.