Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Just in case nobody saw this question, I'm genuinely trying to find an answer before it's too late?
No, I want to sue them them for lying & misleading us (all in permanent ink on internet), and royally screwing us. I don't consider a 1 for 250 RS a good thing, and regardless of whether people see it or not, that's what it is (if the div is 1 SAGA for every 250 ENZC shares owned). ENZC will die with nothing but lawsuits, which is exactly why I believe Charles pulled the 180 pivot from what he led us to believe for the past 2.5-3 years, and did every he could to get the value away from ENZC, even if it meant going with bottom of barrel SAGA who can't even file their SEC Reports, vs going the route he told all of us we were going.
If there was even the slightest hint of anything good about this deal and getting the dogsh!t div, the PPS would be increasing significantly right now, but that's just not the case. RSI is in the F-ing teens, and still going down...
In the even that it somehow does get completed, do you know the answer to that question? At what point can ENZC shares be sold and still get the dog-sh!t SAGA div?
Also, I am NOT joking about a class action. However, filing class-action vs ENZC would appear pointless at this point, so is there a possibility we can do so vs BGEN/VIRO, since they were ENZC over the past 2.5+ years, the entire time we were falsely led to believe what was happening (actually just flat out lied to)? Otherwise, what's the point?
They're diluting the sh!t out of us now, and every time the pps hits above .02 (.0205), VIRT appears to drive it back down. I genuinely cannot believe what they have done to us after 3+ years of holding and supporting them.
So here is my question if anyone can answer. Since the sale is completed, what's required to get the ridiculously low SAGA div? If somebody sold all of their ENZC today, would they still get the SAGA div, or do they need to hold until this goes trips? Actual question if anyone knows the answer?
RSI now in the teens at 18.xx, so maybe they push back 2.4 to get their magical 15-20 point RSI increase/padding, then back to down we go?
Unfortunately, both Dyno and I tried telling people that this was coming, and it looks like they're really gonna destroy this today. L2 setup for another pre-market fakedown, or in this case takedown with lowest ask already under Friday Close, and there we go back to .01's. RSI was sitting at 23, so how low will they take this?
400 shares for every 100K ENZC shares we own? Are you F-ing kidding me? If/when any other commons shareholders would like to start looking into class action, I'm ready. Like I've been saying this entire time, reverse split in disguise. This is absolutely disgusting! But all is good because Charles, Chandra, and crew got their 2.5M SAGA and as usual with OTC CEO's, us commons get screwed. Un-F-ing-Believable!
Unfortunately Dyno and I have been bringing up many issues that we saw and/or felt royally screwed us as ENZC shareholders vs what what we've been led to believe by Chandra, Charles, & Co for the past 3 years, but have been dismissed as bashers. Most who have been here for a while, know that I was one of the first ones here (March 2020) and one of the most positive/optimistic, if not the most, until March 2022 ("March isn't over yet, HUGE NEW''s coming," then they PR'd some fluff that was nothing and/or already known, which started raising flags).
Anyway, I Pray/hope that I'm wrong too, but something had to happen/change for Charles to pivot 100% from everything he led us to believe for 2.5+ years, and go with a bottom of barrel SPAC like SAGA. I don't believe it was just by accident and/or happen-stance, but since Charles does not keep his commons very informed with factual plans, it's hard to say. The part that bothered me the most is that one way or another, Charles seems dead-set on transferring/selling ALL OF THE VALUE that we were led to believe would be realized under ENZC, to somebody else, where we commons will not see anywhere near the type of return we were led to believe we'd see.
That said, regardless of what anyone thinks/says, BP does not want cures. There is money in cures, but not the revolving insane profits they see from treatments. So, this may be a bit far fetched, but one has to wonder if any of this SAGA business going on now, was intentional to hold back cures? Not saying that's what it is, just food for thought.
And with that, I will continue to pray that something BIG will surprise us, and sooner vs later...... Have a great rest of your Sunday.....
Honestly, I'm not sure anymore. The faith that people once had in ENZC, and especially Charles, Chandra, & Co appears to be dead as we continue to hit new 52 week lows daily. Nothing but silence from Charles. Late (Extension) filings. No audit. No SEC Reporting. Not even and a freaking update to his shareholders, who he supposedly cares about.
While I don't like the SAGA deal, I'm pretty sure Charles is dead set on removing/separating the value that we've all been holding for and/or waiting to see realized under ENZC, so even if the SAGA deal dies, I'd bet that Charles would hold out for years before allowing BGEN/VIRO true value to be realized under ENZC. Because of this, I'm really not sure anymore, but this pps action is just getting ridiculous, and the fact that VIRT is back in the game, tells me somebody really wants this lower than it already is.
It's Friday and a nice day out (I'm on East Coast visiting family for a couple weeks), so I think I'll take my "Chandra-ENZC #Yacht" out for a while." Oh wait. Nevermind, none of that BS Chandra was posting and Charles was talking about ever came true (#Audited, #Uplist, SEC Reporting, #Partnerships, etc...) LOL.....
Honestly, it would just be nice to get an update and maybe some confidence/motivation from Charles, as our PPS is driven lower and lower each day, but that’s just too much to ask.
I'm pretty sure they'll file by the 20th. It is my understanding that the Q was due on the 15th for normal co's who file on time, but those who file for extension (Charles every time since Bioclonetics+ENZC merger), have an extra 5 days. In other words, Charles never files by the actual "on-time-due-date" for Q's & K's, but at least he usually makes it by the cutoff of the end of the extension. I believe there was one time in 2021 or 2022 that he didn't and we moved to the stop sign on OTCM, but other than that he's filed before the stop sign went up. Currently OTCM has the Yield Sign up for us, but most of us have grown used this by now.
What's more concerning to me is that our great & wonderful CEO doesn't feel the need to update shareholders on any of this, as we begin to push towards new 52 week lows each day. We are half-way through November 2023 and appear to be worse off then we were years ago, with no signs of any positive changes "soon."
We can almost guarantee that at least one of the following will take place every day the market is open, some days several of them happen, and some days all of them happen.
1. Pre-market fakedown (Drop opening ask lower than prior close)
2. 10:30AM EST cliff-drop/takedown
3. 2:30PM EST cliff-drop takedown
4. End of day (last 10-30 minutes) takedown/push to low of day or lower.
All of the above help with ensuring that the RSI doesn't fall as quickly as the pps. Always leaves them some padding to continue what's been happening for 2.5-3+ years. When the RSI does eventually fall below 30, we always see a magical day where the pps is green by +1-3%, but somehow the RSI jumps 10-20 points. Same BS day in, day out, and nothing but silence from Charles. How Awesome!!!
Certainly wouldn't be surprising. This is what we've grown accustomed to over the past 2.5-3 years, and it's just sad.
Agreed Timing... They've done this every time for roughly 3 years now, ever since the Bioclonetics+ENZC merger. We can literally set our watches by it...
Not on my computer and typing on my phone, so let me try this again with the short slow version.
Yes. 2020-2021 were audited, but finished too late (very end of 21) to do all that was required for SEC reporting, which meant they’d have to audit 2022 and use 21/22 for the 2yr audit. Gries has been under contract supposedly working on the audit of 22 since early 23, yet we’re approaching December and still nothing. This is why I said repeat of last year.
Dont have the time to keep replying tonight, but will explain in detail for u tomorrow if u r still having trouble understanding what I’ve said.
I’m right there with you Dyno. 2.5-3 years of this BS is enough, and now we’re almost finished with 2023 and sitting in 02’s, no audit, no SEC reporting, no uplist, no #yachts, no BP partnerships or licensing, and the list goes on and on and on…. And then of course all of the value weve been holding for is being intentionally separated from ENZC, and will be realized under SAGA or some other co where we’ll end up with 1/100th of the ENZC shares we hold, or less….. Unbelievable!!!
Like I’ve been saying, I personally am sitting on hopes and prayers, but that’s about the extent of it.
The other thing is that we are already in November, yet still no audit from Gries, so it’s looking like a repeat of last year. Maybe they’ll finish (I believe they’ve already finished), but by the time Charles actually discloses/files it, it will too late and we’ll need 2023 audit.
I find it very hard to believe that Gries finished what they did last year, but we’re almost done with 2022 and still nothing? Something is off with that, which is why I believe Charles is sitting on it. Truthfully I don’t think Charles will allow any news or updates to be disclosed that drive ENZC pps up. If/when he can disclose under SAGA or somebody else, that’s when we’ll see/hear about it.
For what? No disrespect rockie, but what will that accomplish?
So damn predictable. As I said, teaser spike to pad the RSI, then back to wash+rinse+repeat. There's our teaser spike, which magically drove the RSI up 8 points, so lets see what happens now.
Wow.... Nothing but silence. No updates. No audit. No SEC Reporting. And now it sure looks like they're trying to max out that AS.
RSI back to oversold, so expect another planned teaser spike of 3-5% to magically push the RSI up 10-20 points, so they can wash+rinse+repeat.... Gee, what a shocker....
I just love how they've worked the charts/RSI for 2.5-3 years straight now. We've been driven down to the 02's, yet our RSI barely moves on the way down and still sitting above oversold at 34.xx Unfortunately I think they're gonna take this much lower. They can more than likely get us to .024 or lower and still have the RSI at 30 or higher..... Then on the flip side, we see +3% day with comparable volume to what we've seen, and the RSI magically jumps 10-15 points, giving the padding needed to start all over again.
This has truly been a never-ending cycle of groundhog day. At the end of the day it's just plain sad & beyond disappointing, given the amount promise this had, and trust in it & in Charles & Co that we had, only to end up where we're at. Pretty sure we need to keep an eye out to see what they do at 2:30PM today. I've got that feeling based on history and pattern, that we'll see a significant "cliff-drop" right around 2:30PM EST today. Hope not, but guess we'll see soon enough (less than 1 hour)
They've been doing this for a while, and I actually interpret this as a good sign for us. Just means that they are playing their typical games to scrape whatever shares they can, but will go out of their way not to sell to retail at the same low, intentionally undervalued pps....
100% Agree Dyno
Of course I consider the SS, but, as I've posted more times than I can count, I personally would prefer to see them follow through on their original plan that Charles/Chandra led us all to believe was happening. It's ok if you and/or anyone else on here disagrees, but this is my opinion.
ORIGINAL PLAN OF CHARLES/CHANDRA THAT WE'VE BEEN LED TO BELIEVE WAS HAPPENING UP UNTIL FIRST SAGA PR (Also snuck into that first SAGA PR that ENZC would continue trading on pinks after years of telling us how important the audit was to get ENZC out of pinks. I considered that a true stinky-pinky move/statement, and didn't expect it from Charles
1. Audited
2. SEC Reporting & Uplist
3. Institutional investors, BP Partnerships, Licensing Deals, etc.... (All under ENZC, with ENZC still owning BGEN/VIRO and/or in other words, ENZC still owning the value/IP that we've all been holding for, waiting to see it's true value realized under ENZC)
4. No RS per Charles long ago, and minimal dilution.
Right now we have a 3.08B OS, which I'd be fine with if Charles was following through on the above. Less than a $13/$14B MC, which would put their pps somewhere between $4.22- $4.54, and would be high enough for naz.
Like I've been saying, at this point it is what it is, but that doesn't mean I have to like it. We have one bottom of the barrel SPAC Co (SAGA), who can't even complete/file a Q, coupled with another company (ENZC) who has missed every timeline fed to us, led commons to believe 1 thing for 2.5+ years, then pull a 180 and do something completely different that greatly impacts commons, not to mention that they haven't filed a single Q or K on time without an extension since the merger of ENZC+BioClonetics. However, I still consider myself one of the lucky ones, as my avg cost is 0.00041, so it's the family and friends that I talked into buying this at much, much higher levels that feel beyond bad for. Because of the higher cost, they're not sitting on anywhere near as many shares as most of us who have been here all along, so the Qty of SAGA shares they'll see as a dividend will be minimal at best, and almost certainly take them years just to break even.
Anyway, at this point we sit, wait, and watch the same groundhog day pattern we've been watching for years now, hoping/praying that Charles somehow pulls a miracle.
On a separate note, like I posted earlier regarding the pattern, our 2:30 drop is coming up.
Truthfully, all joking and nonsense aside, at this point, I'd be happy just seeing us finally break out of the pattern and hold above .10. At least until something tangible/significant is disclosed and drives us higher. It's this BS of being collaboratively held down where, following the same pattern for 2.5+ years that controls the RSI/PPs, which allows the pattern to continue, that just gets old/frustrating.
It is almost impossible to believe that we are 1 day away from being 11 months into 2023, yet we're trading in the 0.02's with Chandra still talking about naming "yachts" "we win" or "we won."? Hows about we break out of this controlled pattern first, hold above 0.10, then above 0.20, and finally sit/trade around .30 range before we start talking about yachts, winning, or generational wealth again? Just a thought....
As anyone here should've been able to predict, there is early morning opening teaser spike, immediately followed by cliff-drop that erases it. Next up is likely the 10:30 clif-drop that pushes down even further, followed by sidways trading until roughly 2:30, at which point we're hit with another clif-drop. Wash+Rinse+Repeat,
Just a guess....
Exactly Dyno! They (Charles, Chandra, Joseph, Harry, etc...) will benefit from this deal greatly and see that generational wealth we were all led to believe was coming to ENZC, but unfortunately the majority of us commons wont end up with anywhere even close to 2.5M SAGA shares, and most of us will likely end up with less than 100K-150K SAGA shares. Big difference with 2.5M shares vs the peanuts that us commons will be getting. Yacht? I doubt it. Maybe one of those rubber blow-up boats for pools & small rivers, but pretty sure that yachts will be out of the question for us pion commons.....
All joking aside, with exception to anything Chandra posts about science, IP, or AI platform, I wouldn't put too much faith into anything he posts on Twitter/X. I've been here since March 2020 and Chandra has yet to post a single statement, prediction, etc... that has come to fruition. Don't misinterpret this, as I'm not taking anything away from him as a doctor or scientist, but when it comes to business, running public company, strategic timelines, and financial projections, I'd put more faith in Charlie Brown than him. At least until something he's told us and/or led us to believe actually comes true.
If I had to guess, I'd say that those results (Enzo + Clone 3) are under NDA, but that's just my own personal opinion. Truth is that nobody know but ENZC and those they showed/told behind closed doors for funding, etc....
Thx... I think you're right wick. I know they originally/recently only had an OS around 4-5M.... (Or like I just told falon via reply, maybe I'm just losing it. Can't tell which way is up/down anymore, so I'll just sit back and see what happens......)
Yeah, I noticed that afterwords falon. They must've added shares for the div or something, because they originally (recently) only had an OS of somewhere around 4-5M shares. (Or maybe I'm just losing it. Very possible too....LOL)
Correct. So roughly 4-5M OS
Wick - I could be wrong, but I was pretty sure that SAGA only has roughly 5M OS currently, so maybe 4.95M shares OS, not 49.5M.
Personally I was always more of a Nintendo fan than I was SEGA, but that's just me.... (LOL.... Couldn't help myself Mutet. It's one of those Lazy, non-stop rainy days out here in Frisco, TX)
Anything's possible, but I don't believe that they have "nothing." I do however believe they're falling further and further behind, which if you remember was one of my worries months to years ago. However, nothing any of us can do but wait and see how it all plays out. The silence from Charles & Co has been deafening though....
bytheocean - I hear everything you're saying and can't speak for anyone else. Nor am I going to re-write multiple paragraphs again explaining why some of us feel this way (not trying to be rude, just beat today). Instead, I'll give you the short version I just gave to rockie.