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My Dear Lord we're looking at The Mother of All Short Squeezes. Slap that ask and don't let up until we put these jabronis out of business so they can stop messing with our other stocks too.
Great interview from June 2019 w/CEO of BioClonetics
He is an Ivy League Lawyer, Patent, Expert, and Scientist. He's also a man on a mission:
"My one greatest desire is to bring our therapy for treating and curing HIV to those who need it." - Charles Cotropia
He is advancing his vision with recent merger LOI. Interview linked and screenshotted in Tweet below:
https://twitter.com/UncleBillyMoney/status/1307425874921369601?s=20
Oh yeah, I'm thinking the same thing. A lot of breadcrumbs out there indicating that this will be a Mega Merger with several entities (and all of their assets and IP) getting rolled up under the $ENZC umbrella.
This new structure works to achieve economies of scale and it also makes sense to do a Mega Merger because there are synergies between each of the company's IP, research efforts, and direct connections between team members.
They've all been working towards a cure for many years and read each other's findings, know where the money flows (e.g., CEPI, Davos, and Gates Foundation), etc.
Its worth noting that our Duke PHD (Dr. Montefiore) received $32M from the Gates Foundation for HIV research in 2017 so the DIRECT connection is there.
The price action and dollar volume at these levels indicate big players are buying up massive blocks of shares and will be willing to wait for the results. This ain't a day trade for them.
Flippers and impatient investors are going to be sick when all of the catalysts hit.
This is a biotech with real potential in final stages of society shifting treatments in a space that covers $30.5 BILLION DOLLAR MARKET.
We've seen stocks like this (even lesser biotech stocks such as phase 1 or phase 2 completion) go to dollars real quick.
With Covid on everyone's mind and an HIV treatment proven to be 95% effective without harsh toxic side effects, there's no reason this can't run into dollars especially if 1 or 2 hedge funds get on board.
Weekends are time to catch up on research for a lot of people and the fact that this is still sub-penny is going to draw some monster whales to the party to continue to pick up massive blocks of shares.
Legit locked float multi-penny runner coming in hot. Look at the accumulation on the chart here. It's damn near off the chart:
https://twitter.com/UncleBillyMoney/status/1307102571656609803?s=20
I think that fake email really hurt. Just stick to the DD that indicates it is much more likely than not that commons will be preserved. SMH. Could be a waiting game now without news.
Please provide evidence for this claim. IMPORTANT READ
Below are some resources so people can see that this is very real. And very huge. This stock will continue to advance as these companies are coming together on a mission to SAVE LIVES.
Both companies are working towards a cure for HIV and a cure for Covid. This isn't like other tickers. If you claim it is a scam, then provide EVIDENCE to back up your claim.
Otherwise, for the sake of humanity, let's all rally behind this stock and pray these companies actually get the cures.
Imagine holding the stock of the company that announces a mass market cure for HIV? Then announces a viable Covid treatment?
BioClonetics is in the final stage of development of a treatment shown to be effective against more than 95% of all strains & VIRAL SUBTYPES of HIV.
They "viral subtypes" is an important reference because"
"The Companies plan to conduct binding studies combining the therapeutics produced by both companies to evaluate the beneficial effects and increased binding capability of the BioClonetics Clone 3 antibodies to multiple HIV isolates. Recognizing a significant correlative structure between the HIV virus and the SARS-CoV-2 (COVID-19) virus, BioClonetics has been invited by the National Science Foundation (NSF) to submit an application for funding for development of anti-SARS-Cov-2 monoclonal antibodies using its proprietary technology. Such application to the NSF and a corresponding application to the NIH are now pending."
Godspeed $ENZC
SOURCES:
https://www.bloomberg.com/press-releases/2020-09-16/enzolytics-inc-announces-execution-of-letter-of-intent-with-bioclonetics-immunotherapeutics-inc-with-additional-u
http://bioclonetics.com/who-we-are.html
https://enzolytics.com/
https://microcapdaily.com/bioclonetics-loi-sparks-enzolytics-inc-otcmkts-enzc/127849/
The Treasure Trove of DD on this is astounding. The DIRECT connections to The Gates Foundation (our Duke PHD received $32M), DAVOS Billionaires, and a whole lot more will be systematically drip drip dripped out
ENZC along with X*T R *M are the most undervalued stocks in the OTC by far
Imagine holding the stock of the company that announces a mass market cure for HIV? Then announces a viable Covid treatment?
BioClonetics is in the final stage of development of a treatment shown to be effective against more than 95% of all strains & VIRAL SUBTYPES of HIV
Please read this and know what you are holding here. The catalysts are going to send this into another stratosphere.
https://twitter.com/UncleBillyMoney/status/1306994193571680257?s=20
yes I do think we hear something sooner than later. They identified the 3rd party lender in the past week but I believe it is an unsecured creditor who is familiar with the facts and has been part of the proceedings from the beginning which should expedite the process.
I do think the OS can be cut in half and possibly more. Any shares that TCA has should be retired and they fraudulently obtained many shares per the 8K I posted earlier.
That's a huge piece of DD. They are continuing on with operations. Perhaps it was those same employees adding to their stash?
Market playing catch-up with new reality
$ENZC is trading at a 6,864,093 market cap.
But $ENZC is merging with BioClonetics which has a valuation of $10,000,000.
Additionally, just one of $ENZC's patents is is worth $5.2M
$15.2M real value vs. 6.8M Mkt Cap. Undervalued!
Sweet spot of value investing & momentum should take it multi-pennies.
The market is still playing catch-up to the reality of what the new company is & its new value.
Anything in the 00s is a steal.
In addition to the $15.2M minimum referenced above, $ENZC was also INVITED to apply for Covid Cure Development Funds by the
@NIH and application is pending.
Imagine the buying bonanza that gets set off if they get granted funds to develop a cure for Covid?
The upside potential of picking up a few million shares in the 00s, locking them up and letting all of the catalysts play out is enormous. I don't see how this stays sub-penny much longer.
https://twitter.com/UncleBillyMoney/status/1306812239438123008?s=20
Oh wow this is gonna RUN hard. Great find man. I think this may be a mega merger and BioClonetics is just the first entity to be publicly announced. I bet details are still being worked out, that's why it was a Letter of Intent with all details to be crystallized in the final agreement.
Would be huge if the other members of the Covid Cure "consortium" are also coming in on the deal with $ENZC
https://bravopharma.com/corana
Our Duke PHD received $32M from Gates Foundation for HIV research in 2017. Always nice to have that type of connection, particularly when BioClonetics specifally mentioned The Gates Foundation in their February Facebook post regarding the $1Billion Davos Fund to fight Covid.
A lot of nice connections here. I found even more and will be releasing them throughout this run. I need to add more shares
https://twitter.com/UncleBillyMoney/status/1306745908860801029?s=20
I don't know how to member mark but I definitely approve your message.
No selling and the 100M+ that's constantly on the bid and WANTS those shares badly will have to come up to the ask. I think it gets real thin once we hit 00s. We can let it fly.
Yes that's definitely the best part
Thanks OKWIFE!
Davos Money Coming in Hot. DD on this is incredible. Looks like BioClonetics has been eyeing up that Billion Dollar Davos Fund for HIV/Covid since February.
Oh and look who's attending Davos World Economic Forum in a couple of months. BioClonetics CEO
This is HUGE
https://twitter.com/UncleBillyMoney/status/1306707915097726978?s=20
Huh? OS is not the same thing as float. https://www.investopedia.com/ask/answers/062315/what-difference-between-shares-outstanding-and-floating-stock.asp
696,428,862 Float as of 02/13/2018. https://www.otcmarkets.com/stock/ZNGYQ/security
Trades like a bit more though. Accumulation is sky high right now. A little volume and it heads north quickly.
Can you please elaborate?
That is correct. 8Ks are linked below for anyone in doubt. TCA owed payments in "monthly installments" on the $10Milli loan. We now know through the SEC fraud case that TCA misrepresented the amount of assets it had under managment. Ponzi Alert. And TCA stopped making payments to ZNGY that ZNGY was owed and then turned around and tried to put the blame on ZNGY.
https://www.otcmarkets.com/filing/html?id=13135065&guid=AFo6UWzJqebvIZh
https://www.otcmarkets.com/filing/html?id=13347551&guid=AFo6UWzJqebvIZh
Wickw50, you are correct.
Careful here, his post omits key facts and is misleading IMO. See my post below:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158349007
I've actually done deals with Senior Secured Lenders so its clear to me what's happening here. It would be one thing if it was just supposed to be a 1 time payment loan from TCA but TCA fraudulently induced ZNGY into believing it was capable of funding their enire operation with a $10M loan per the 8K which you can find on OTC markets.
TCA's shares which is more that half the OS will be retired as they cannot derive a financial benefit from their fraud under the law.
Good Morning Trader59, see my response in bold below.
"TCA is owned real money. It’s right in the company’s bankruptcy filing, $2.6M secured loan and $3M unsecured. That wasn’t fraudulent and is unrelated to TCA’s troubles with the SEC. This company hasn’t said a word about being defrauded by TCA and that debt will stand."
This is simply not accurate. In order to induce ZNGY into taking out the initial loan ($10M to be paid in installments), TCA would have been required to make certain representations about the assets they had under management and, at minimum, represent that they were capable of making the payments. We now know that they never had the money to live up to their end of the bargain, which is why TCA stopped making installment payments; therefore, TCA fraudulently induced ZNGY into signing the loan documents and TCA is responsible for all resulting damages. TCA certainly won't be permitted to derive a financial benefit from this fraud - that would be considered unjust enrichment. TCA's failure to continue making the loan payments disrupted Zenergy's business operations so any fallout, such as payments due to unsecured creditors, will now be TCA's responsibility. We found out 3 days ago that ZNGY has found a lender to fund their bankruptcy exit. Part of that will be paying the lawyers and making the appropriate legal filings. TCA remains under SEC investigation and the extent of their crimes is still unfolding so you can't go off of the old filings on this one without taking into consideration the new facts.
Yes, thanks Black Cast Iron. iHub posts dollar volume at the end of every day.
Here's $1M+ from Monday
$ZNGYQ $Million$ Dollar day. 1.4b Volume. pic.twitter.com/GPa5YYljFc
— Randylus (@randylus) September 14, 2020
iHub (the site we're currently on) posts the dollar volume everyday so you can look at it yourself man. I mentioned that in the last post. Here's a link:
https://ih.advfn.com/stock-market/USOTC/zenergy-brands-pk-ZNGYQ/historical
Notice the astronomical shift in volume and PPS change starting last week.
Thanks we're on the same page about asking questions to turn over every rock. We're all here looking to make money, not get left holding a bag. I've been clear the best way to play this is to take some profits/ride free shares, which it seems like most have done.
My posts are not just conjecture though and I think you know that if you read them. I link to sources (court filings, news articles, etc.) that indicate its more likely than not that commons will be preserved and there is a detailed explanation right on the BOX of this page laying it all out with links to sources.
$4M in volume (all COMMON SHARES being bought) in a stock that was doing $0 in volume. This $4M came in just 1 week before ZNGYQ announced that the original plan to cancel commons will not be moving forward and that they found a 3rd party lender "in the past week" to assist with a new plan that will fund their exit from bankruptcy.
Who do you think was buying those shares? Please, sincerely, let me know. I would like to know your opinion.
My opinion is that it was likely insiders who knew what was coming. Its just too much money and the timing too coincidental to the filing to believe it was anything else IMO.
I also provided links to confirm that TCA (ZNGY's lender) was running a fraud operation and was put into a receivership with the SEC. The filings also show that TCA was the party that wanted to take the company private and cancel commons shares. TCA is out of the picture now per filings.
Why do you think the commons will be cancelled now that TCA is out of the way, a 3rd party lender has been identified that is willing to fund the bankruptcy exit, and $4M in volume came in out of nowhere?
We can hear news at any time.
I've answered this question a handful of times already. Here's a more detailed post on it: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158326465
Monday's filing says the original plan to allow TCA to take the company private and cancel commons is 100% NOT moving forward. The filings also confirm they found a 3rd party to fund their BK exit. https://cases.stretto.com/public/X038/10048/PLEADINGS/1004809142080000000017.pdf
Hi JesusLeadsJohn, links to Monday's court filings are included in the post you responded to. I've also made several other posts on this board where I link to more court filings, news articles, and the TCA receivership site; just scroll through my posts and I provide links to sources.
Monday's filing confirms the original TCA plan is dead in the water because TCA can't fulfill their obligations (due to the fact that they settled fraud claims with SEC and remain under investigation).
ZNGYQ is getting a new plan together with a new 3rd party lender to assist with their BK exit. Read the entire motion but focus on paragraphs 3-4:
https://cases.stretto.com/public/X038/10048/PLEADINGS/1004809142080000000017.pdf
Dollar volume is posted on iHub at the end of every day and I have a ToS scanner for dollar volume.
This is a link to all of the court filings: https://cases.stretto.com/zenergybrands/court-docket/#search
Here are a few examples of TCA news articles: https://www.i-aml.com/post/sec-sues-500m-tca-fund-management-four-cayman-funds-for-alleged-fraud and https://www.reuters.com/article/us-hedgefunds-tca-sec/florida-business-lender-accused-of-accounting-fraud-settles-with-sec-idUSKBN22P2Y6
TCA Receivership Website: https://tcafundreceivership.com/
Agreed on the parabolic move when updates come. The new plan and updates an come at any time. I mentioned this in my other post but its worth mentioning again: the new 3rd party lender is likely a lesser creditor who previously loaned ZNGY funds and is familiar with the facts of this case.
They have enough confidence in ZNGY that they are going to be a hugely successful business that they are willing to fund the BK exit now that TCA is out of the picture.
Since they know the facts of the case and they've been working on a new plan for months, I think we can will see updates soon.
Yes of course but the purpose of this board is to post FACTS about the stock, not fiction.
We have official court documents that were filed just 2 days ago that confirm the plan to cancel commons is 100% NOT happening and that ZNGYQ has identified a new 3rd party lender to assist with their bankruptcy exit; therefore, any statements asserting that commons are canceled now are not accurate. Please stick to the facts.
https://cases.stretto.com/zenergybrands/court-docket/#search
Actually ZNGYQ confirmed in Monday's court filing (filed under penalty of perjury) that they have identified a 3rd party lender willing to finance their EXIT from bankruptcy. Look at paragraph 4 in the filing linked below for confirmation.
In simple terms, that means ZNGYQ is getting out of bankruptcy as confirmed in official court documents - not a random post guessing about it.
Additionally, the filing confirmed that the original plan that would cancel commons and allow TCA to take the company private is 100% NOT happening. Those are the facts.
https://cases.stretto.com/public/X038/10048/PLEADINGS/1004809142080000000017.pdf
Facts Regarding Common Shares:
(1) Original Plan NOT Happening. The original Chapter 11 Bankruptcy Plan Proposed in March would have allowed TCA to take the company private and cancel the common shares. That plan is NOT moving forward per Monday's filing. For context and background, TCA was ZNGY's Sr. Secured Lender (i.e., their bank) and promised the company $10M to be paid out in several installments over time. Here's the 8K to confirm that fact: https://www.otcmarkets.com/filing/html?id=13135065&guid=AFo6UWzJqebvIZh
It turns out that TCA was running a Ponzi Scheme so they didn't actually have the $10M (unbeknownst to ZNGY or TCA's many other clients and investors). TCA was a predatory lender and settled claims with SEC on May 11 for fraud and TCA remains under investigation. TCA was also placed into a receivership so they do NOT have any resources to fight here. They have bigger problems to worry about - like staying out of federal prison to start.
TCA wanted to do a hostile takeover.
(2) 9/14 BOMBSHELL FILING: Per Monday's filing (9/14/20), the hostile takeover attempt was DENIED. The original plan that would have cancelled shares is 100% NOT happening and ZNGY is working on a new plan. Link to filing here so you can confirm for yourself:
https://cases.stretto.com/public/X038/10048/PLEADINGS/1004809142080000000017.pdf
The 9/14 filing discussed the development that TCA was placed into a receivership by the SEC so the original plan would not be moving forward. Then ZNGYQ dropped this BOMBSHELL:
"In light of this development, the Debtors have been negotiating with various third parties to obtain funding for the Debtors. The Debtors have had a number of constructive discussions. In the past week, the Debtors have identified a third-party lender willing to lend to the Debtors and are working with the Debtors’ management to structure a bankruptcy exit."
That's HUGE! Anyone saying that ZNGY will not get out of bankruptcy is just plain wrong. TCA is out of the picture and ZNGYQ has found their White Knight to assist with funding their bankruptcy exit. ZNGYQ never wanted to take the company private; that was all TCA and now that TCA is out, a new plan can be established.
(3) FOLLOW THE MONEY: Notice the language in the filing. "In the past week" they've found a new lender. That's very interesting because 1 week prior to the 9/14 filing, approximately $4,000,000 worth of COMMON SHARES were bought when $ZNGYQ started that week -.0001 just a dead "Q" stock.
If you think the $4M flowing in 1 week prior to the filing announcing that they have found a 3rd party lender to assist with BK exit is a coincidence, then I have some oceanfront property in Oklahoma to sell you.
(4) NEXT STEPS: The new plan has not been made public yet and it appears they are working out the details. One can safely assume that the White Knight 3rd party lender identified in Monday's filing is a lesser unsecured creditor that has loaned ZNGYQ money and is familiar with the facts of this case. The creditor has an interest in seeing ZNGYQ succeed and said creditor has confidence that ZNGYQ will succeed if they can get out of this bankruptcy as it should have never been triggered in the first place but for the fraudulent actions of TCA.
One such creditor is Auctus Fund LLC, the same creditor who helped in the other BK case in which Commons were preserved.
(5) White Knight: Big Money Players who have the funds to bankroll bankruptcy exits don't do it out of the goodness of their heart. Their expecting equity returns and a VC can do something nice with $ZNGYQ's OS here. https://www.investopedia.com/terms/w/whiteknight.asp
(7) The details must be worked out but you can see from the 8K linked above that TCA must own quite a bit of stock at this point per the terms of the prior deal (that was reached before their fraud was known and confirmed by the SEC). Under the law, TCA cannot derive a financial benefit from their fraud; therefore, it is likely their shares will be retired and the OS made a lot smaller and TCA will receive nothing in these BK proceedings. Other than TCA, the remaining debt is pretty small here so it wouldn't take much for the new 3rd party lender identified in Monday's filing to provide a bridge loan to help ZNGYQ remain fully intact - including COMMON SHARES. Remember, it was TCA's plan to take them private via hostile takeover. ZNGYQ has new life now with the emergence of a new 3rd party lender willing to fund their bankruptcy exit.
Here's a link to ALL court filings in this case so everyone can do their own DD and decide for themselves based on FACTS: https://cases.stretto.com/zenergybrands/court-docket/#search
That's simply not an accurate reading of the facts and law here.
From yesterday's court filing, we know a third-party lender is willing to finance ZNGYQ's exit from bankruptcy. If it was not a viable business with huge upside potential to assist with modernizing the energy grid, then there would be no such financier. Big money players like that don't fund bankruptcy exits if there wasn't a big windfall for them down the line. www.whatiszenergy.com
I've mentioned this many times but I will say it again: TCA's original loan agreement with ZNGYQ is NOT valid under the law and TCA cannot benefit financially from its fraud; therefore, they will not be getting paid out at all in this case. The other unsecured creditors' lawyers know this and have pounced because TCA is NOW ON THE RECORD IN THE SEC CASE ADMITTING THAT THEY LIED ABOUT ASSETS UNDER MANAGEMENT. https://www.law.cornell.edu/wex/fraud_in_the_inducement#:~:text=Fraud%20in%20the%20inducement%20occurs,damages%20or%20terminate%20the%20contract.
Providing accurate information is essential.
Follow the Money
$ZNGYQ Plain and Simple:
Last Week $ZNGYQ was a dead "Q" stock which started the week at -.0001 and ended .0005. Approximately $4,000,000 and 2B+ Common Shares were traded last week, almost as if someone or some group/hedge fund knew good news was coming.
Yesterday (9/14/20) Zenergy announced they found a third party lender willing to assist w/ bankruptcy exit "IN THE PAST WEEK."
Another $1M+ came pouring in.
I don't think the intitial volume and yesterday's bombshell filing were coincidental. If anyone does, can they please explain why the $4M came in out of nowhere and now we learn Zenergy has found a White Knight to thwart TCA's hostile takeover attempt?
https://twitter.com/UncleBillyMoney/status/1305623302724083715?s=20
Please take a look at my response linked below to see why TCA cannot be a beneficiary of its own fraud under the law and will not be collecting any payment in this bankruptcy case.
As noted, yesterday's (9/14/20) filing and motion granted to extend is huge because it confirms that ZNGYQ found a third-party lender to assist with financing the bankruptcy exit. This will allow ZNGYQ to go on the offense.
I think we will see a counter lawsuit against TCA from ZNGYQ and the other creditors so that TCA winds up being responsible for any and all debts on ZNGYQ's balance sheet.
The role of a Senior Secured Lender (here, TCA) is to be the business' bank and is essential to allow a business to function normally. The extent of TCA's crimes are still coming to light and they've already settled a massive fraud case with the SEC. TCA withheld the initially agreed upon loan payments from ZNGYQ because TCA was, in fact, a Ponzi Scheme that fraudulently misrepresented how much assets they held under management and didn't have the money to pay ZNGYQ. This prevented ZNGYQ from functioning normally as a business.
Imagine you closed a deal on a home and you would have easily been able to cover the monthly mortgate payments but your bank balked at the last minute and didn't assist with the uprfront costs that were agreed upon. The deal would blow up at no fault of your own. That's basically what happened here. ZNGYQ had a good business but, like any startup, required operating capital. TCA purposefully took away that operating capital and went in for a hostile takeover. That hostile takeover attempt has been thwarted and a new source of financing has been found (White Knight defense to a hostile take over).
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158279194
TCA cannot be the financial beneficiary of its own fraud under the law. Period. End of discussion.
Actually, let me provide a few terms for you to research: Fraudulent Inducement, Breach of Contract, Unjust Enrichment, etc. I can go on.
TCA is in for a bloodbath here and its their own fault.
ZNGYQ is going to recover. This is a VC's dream acquisition - they'll be able to do something nice with the OS and I think you know that.
$ZNGYQ Plain and Simple:
Last Week: Approximately $4,000,000 traded in a dead "Q" stock started week at -.0001
Monday's Filing: Zenergy announces they found a third party lender willing to assist w/ bankruptcy exit "IN THE PAST WEEK."
Quite the coincidence.
Hold 'em!
There will be some tree shakin but all you gotta do is follow the money here. Love it.
https://twitter.com/UncleBillyMoney/status/1305623302724083715?s=20
They need operating capital to generate more revenue/profits. They aren't selling hamburgers. They're making installations to help large municipalities and corporations reduce their energy footprint and save them money over time. Sound like an appealing product/service? Pretty timely too with all of the energy grid problems we face in this country.
That's why its such a big deal that TCA fraudulently induced them into the loan agreement and denied them the operating capital to continue functioning as a normal business. If TCA lived up to its end of the deal, ZNGY would have been able to fulfill more contracts and would have been a very profitable company. That's really all there is to it.