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Actually he confirmed first hand that ENZC has vacated the lab there and is gone. More writing on the wall (as if anymore was needed) that this is over.
The only thing anyone could really try to go after is Chandra’s Twitter posts. The PR’s all have safe harbor statements for a reason. So going after ENZC for anything in any press release ever put out will get no where. Going after Chandra for his pumpy, hopeful sounding Twitter posts is never getting anywhere.
These weren’t run of the mill everyday 9-5 “employees” sitting in a lab working on the hiv progress under Clone 3.
We’re talking about the company CEO who brought his families previously developed Clone 3 under this with the merger. Patent apps were under the Cotropias names. Any work which further developed Clone 3 into Clone 7 or whatever they are calling it would still not belong to ENZC. And it sure as hell would not belong to shareholders in any sense regardless lol. You don’t just throw some money into Tesla stock and suddenly own the patents and asset rights under Elon’s name or the companies. Lmfao. These assets were also under BGEN which was a subsidary. That was sold to SAGA in the deal which was completed and even the new CEO confirmed as much just two weeks ago in the PR stating that they were still going through FINRA to issue the dividend shares.
Zero and I mean zero chance that Charles just left the rights to the Cotropia’s “life work” to Harry Z. Not even a possibility. Whatever they want to call it now. Clone 3, Clone 7. Clone 101003828171. Doesn’t matter. Those valuable assets are gone. It’s just something people have to come to terms with here.
Don’t even get me started on that and the one behind it…
Didn’t mean you personally and agreed. That guy is supposedly a lawyer himself. So why’s he looking for $100,000 to “retain a lawyer”. I’d assume out of his realm on this one, but I wouldn’t trust that guy either with a penny let alone what he’s telling people he needs.
He ballparked needing over $100,000 just for starters to get the ball rolling. Majority of shareholders here took major losses. Who the hell is going to risk more of their money at this point and pony up over a hundred grand after already losing their asses on something that has little to no chance of ever going anywhere. The lawyers will be the next ones to walk away with all your money. Smfh.
You didn’t help them with anything. You invested in a publicly traded company and risked your money voluntarily. You do know what safe harbor statement are correct? Every PR they ever issued had one at the bottom informing you that basically nothing stated may pan out and any investment is a risk that can lose money.
Investing in a stock doesn’t give you control of their assets or patents in any way shape or form. Any lawsuit would be over other aspects of shareholder rights. And there’s less than a 1% chance anything would ever come of it.
Clone 3 was developed previously and brought here in the merger in order to combine with ITV.
Are you talking about the recombant Clone 7 or whatever new combo they worked on under ENZC and patent applied for?
Bottom line, it’s moot. You simply do not as a shareholder own company assets or patents just bc you invested in a companies stock. Get real. Are you actually entertaining this bullshit?
Clone 3 was not developed under ENZC. And you do not own a companies assets just because you’re a shareholder. Smfh.
Are you serious? You don’t own someone else’s patent just bc you voluntarily invested money in a publicly traded stock of their company.
I don’t know but I would guess that the way that SAGA got delisted and the dozen reasons why that weren’t possible to correct, there’s zero chance they ever see the Nasdaq again. At least not for years, if it’s even possible for them to somehow work it out or work their way back up and what good does that do anyone here. And without unwinding the deal completely from scratch, half the issues that they were delisted for in the first place wouldn’t be resolved at any point, even years from now. They’ve shown they aren’t doing that bc they’re attempting to still issue the dividend according to the recent PR. The otc is prob their only realistic option and I also don’t know how a delisted Nasdaq stock even goes about getting relisted on the otc. They haven’t even spoken out about their plans for SAGA so it’s impossible to know much of anything. I would guess they’re going to wait until the lawsuit gets resolved first and then decide on their course of action. And that could be awhile.
One thing for everyone to keep in mind regarding the main assets under BGEN. The Cotropias were in this merger in the first place as a way to try to bring Clone 3 to market. That science was their life work, everyone agreed with that here over the years. With Charles just ousted as CEO (whether he had already exited internally and they just had to vote in new positions as a formality, or he was actually voted out on bad terms), does anyone really think he’s going to allow Clone 3 or any other patent pending assets under their names to move back under ENZC, which would essentially give Harry and the new ceo control of their lifes work? No chance. What happens with the rest of the assets, who knows, but there’s zero chance Clone 3, anything under the Cotropias names filed for patents, or their assets, end up back under ENZC under any circumstances. The way Chandra just exited as well, you can bet none of his assets are going back under this as well. Best case scenario here is that IPF or ITV-1 end up back here. And those were a joke as far as I’m concerned anyway. I invested here for Clone 3. And I know for a fact that isn’t coming back here with Harry now in control.
Unfortunately I can’t see the dividend payout even being worth much if SAGA ends up on the otc and is tradable at some point. See my previous reply. I think what angle they will go with to try to win shareholders over with (if the dividend does get paid out), is something like, “hey you’re getting shares that aren’t worth much now, but when all our science comes to market, then they sure will be”. Something to that effect, to try put a good face on this mess. More empty promises to dangle more carrots.
Keep in mind those dividend shares were supposed to be $10 Nasdaq shares as well, and even then the majority of us thought that the dividend equivalent we were going to get was a slap in the face.
So if SAGA ends up the otc, what’s it going to trade at? No where in the same universe as $10 on the Nasdaq obviously. A penny? Trips even? If the $10 Nasdaq shares were considered by most to be a slap in the face to us long shareholders, what do you think the amount you’ll get out of them as dividend now would be worth? Maybe a hundred bucks. Maybe a grand best case if you had millions of ENZC shares.
Are shares that are delisted and aren’t tradable on any exchange worth anything lol? And even if SAGA ends up on the otc, it’s going to be the same situation that some of us were leery about launch last year. They are going to be locked up shares, and by the time you’re able to sell yours, the company insiders who were handed out 22 mil each in SAGA shares as part of the deal, will have already been dumping theirs. Just like Harry’s been dumping his shares all along, he’s going to do the same with the stack of SAGA shares he got in the deal. And I’d suspect the rest of them will be dumping as well.
I also highly doubt that Clone 3 or the other valuable assets even stay under SAGA very long. That’s why Charles and Chandra have the new company. You’ll prob see the valuable assets, patents (if ever granted) and the ai eventually under some new shell. Or they’ll just keep them private and away from the stock market entirely.
“1) Did the SAGA deal go through? It doesn't appear to have gone through.”
Actually the complete opposite. Why else would the new ENZC ceo just tell shareholders in the recent PR they were moving forward with FINRA to have the dividend shares issued, if the deal didn’t go through?
The valuable assets are still under BGEN, which is still under SAGA. If the deal was off or being reversed as people want to believe now to have some shred of hope left for themselves, why did the recent PR from the new ENZC ceo even tell everyone that they were proceeding with FINRA to attempt to issue the SAGA dividend shares. The deal went through, the despac is what didn’t. SAGA is no longer a Nasdaq company, so the SEC won’t do anything. Not like they would have before probably. They are going to try to justify “doing right by the shareholders” by giving out the SAGA shares still, which will be worthless. People are trying to come up with anything they can at this point to not have to come to terms with the disaster and losses here. It is what it is. Writing was on the wall for a long time. Even when things were seemingly going well here, we were trading at .03-.04 cents. It could be a year or two if things went all ENZC’s way from here on out with the SAGA mess and the lawsuit etc. Only at that point a year or more from now would there be any potential progress with what’s left under ENZC (if Harry brings ITV or IPF back under this), and then what? More waiting on Africa trials? Nothing happened in a full three years when things were on track and then it all derailed. If they ever got back on track (minus Clone 3 and BGEN assets under the Cotropias or Chandra) would it even be worth .02 cents again? Doubt it, after how many people are now turned off to this for good. Does anyone really think that Charles is out as CEO and Chandra walked away too (clearly signaling internal issues in the management) and that those assets like Clone 3 and the rest would ever find their way back under ENZC with Harry having control now? Get real. Clone 3 was the only reason I ever invested here and that’s gone for good for sure. No chance the Cotropias patents or assets come back under Harry’s control in a company they were just outed from (or purposely prior to the vote of new management, walked away from).
That’s gotta be the stupidest thing I’ve heard yet. Leave it to the discord to concoct anything at this point to rationalize this disaster. Do you think Charles really would have been that stupid? There’s zero proof that this was some hostile takeover. People just need someone to blame because they still can’t come to terms with the losses and the fact that Charles and Chandra took the assets elsewhere. Keep in mind the valuable assets in BGEN were moved out of ENZC over 6 months before the change of control vote took place to elect a new board.
Everyone STILL ignoring the fact that they told us way in advance last July “no assets, no operations” left in ENZC once the deal went through. Some of us kept bringing this up last summer and were called bashers for it. Then when “no assets, no operations” left in ENZC became reality and they elected a new board, for some reason everyone is still scratching their heads and coming up with absurd conspiracies on why this occurred.
Lmfao, read a little deeper into things next time dipshit.
Damn, thought you had more in you than that. Weak!
Up about 35% here. How bout you lol?
Keep reading further back with all your free time. Since you have nothing else in life. These were all free shares since 2021. It’s a lot of posts but I’m sure you can do it tiger!
Prob why he / she is so miserable! Having to look at that reflection daily!
Lmfao, even more pathetic! Now I’m actually motivated to buy more, thanks! Putting another buy order in right now just for you sunshine!
I’ll have an extra incentive here besides making money on the UK approval. I’ll get to know how truly tortured you are inside for all time by the news.
Saying a lot from someone who’s been on this site for less than 4 months. I bought ENZC in Sept 2020 coming out of trips, so you can imagine what my profits were overall. I was in it the whole way up and kept free shares until things went south. And still came out with a good profit. My post history here proves every word going back to August 2020.
What will you do when this one eventually pans out one way or another? Regardless, it’ll be over for you. Seems this is the only thing you have in life in general, this specific message board. Can only shake my head at how pathetic that is.
I haven’t been in ENZC for awhile lol. Try again. And I’ve watched this for awhile and finally got in recently, so yea, that’s my avg. think what you want, literally means zero to me. I’ve seen your types on here. Such a pathetic real life that you spend it shitting on a stock board 24/7 instead of actually doing something with your life. You gotta be one of the worst of all that I’ve seen, which is even more sad. I can only imagine the disgust you must feel when you look at your face in the mirror everyday.
Got some .479’s, avg is about .485 now. Feeling good about that range. What’s some of y’all’s avg’s here?
After all Chandra’s bs the last 3 1/2 years and you’re actually going to continue to put your money in anything this guys in control of?!?
Honestly can’t see any possible way this even makes it back to .01. It’s heading to trips most likely, and it takes ALOT for any trips otc to get any where near .01. Especially one that has poisoned so many people against it now. Most that got out won’t touch this again for any reason.
Wish I had sold at the .12 run on the SAGA PR too, but things seemed great at that point for once. Who knew it would pan out like this. Truly worst case scenario actually happened.
Curious, what was / is your average? I managed to spend almost 4 years here and still came out green in the end, but that’s only bc I bought in here in Sept and Oct 2020. And also bc I got out weeks ago when the writing was on the wall in those terrible PR’s. Will never hold an otc long again for any reason.
I’ll admit, I believed the bullshit or at least some of it early on. When he started making those “4 revenue generating streams by end of 2022” type tweets and all the hashtags around that time, I started becoming very skeptical. Until about a year ago until I fully felt he was full of shit.
I mean, every other tweet and promise he made for two years was absolute bullshit. Now people are hanging on every “like” he makes? It’s unbelievable what it must take for some to finally see the reality here. Unreal.
Lmao, no one is “dissing”, they’re just discussing the reality of the situation here. If you don’t like the negative reality of things currently, don’t blame the posters, blame the company execs who got this to where it is.
I think .06 is realistic. I can’t see them moving an entire 7 bil+ company into an otc shell. But I’d love to be wrong.
And there’s always the other possibility that’s the elephant in the room. If the shell ends up being used for a new spin off, and not the current company, you’ll see the biggest one day sell off in otc history.
Correct, the internal problems were clearly going on for awhile. Companies don't hold board meeting to vote out the old CEO if things are going well, followed by the other main company exec declining a CEO position and then resigning all positions in both the company and sub, then scrubbing his professional profiles of all prior company info. Charles and Chandra as well as the assets most of us invested for are gone from ENZC. Just the reality of it.
That’s good way to get a CE slapped on this thing by having a large group of shareholders reporting to otcmarkets. lol
Did you miss Chandra removing all aspects of ENZC and BGEN from his LinkedIn as well as the company PR last week stating he resigned all positions in both entities as well? Come on…