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It is when everyone involved knows how worthless your one set of shares will be when there’s “no assets, no operations” behind the 4 billion shares of otc stock you still hold. We all know you know this and are simply deflecting as always.
Saga didn’t have $100 let alone $450 million. When you’re creating shares out of thin air, you can make it whatever number you want.
Continue to believe as you wish.
3 points!
Again, you are completely wrong. This wasn’t a cash deal, it was an all stock deal. The $450 million is in SAGA shares, not cash.
Prove anything I’ve stated is wrong. I’ll wait. Funny how everytime I ask this regardless who it’s in response to, crickets…
Of course you sold at the high, just like always. And bought on the low as well. You’re the perfect trader. Everything all other traders aspire to be.
This is why I’m finished replying to you like most here, you just repeatedly don’t get it when you ask and it’s explained to you. You are absolutely incorrect with half of what you just responded with. Feel free to continue to believe what you want.
Can we finish green again, despite outlook2020, 29yearinvestor and the coach all continually pretending to be bullish but actually flipping this?
ENZC has never owned the patents, they are in individuals names not the company. The $450 million isn’t cash so how would it ever be used for clinical trials? No press release ever stated that. I’m moving on, this has been explained hundreds of times now.
What do you think SAGA paid $450 mil for? And if nothing was sold, why was Charles own words for ENZC “no assets, no operations” post dividend payout? I really can’t understand how you’re still confused over this spac deal.
Pps is correcting bc retail is buying again. One, because it was way oversold since we dropped under .02 and two, bc the tax sellers a month ago are buying back in.
As far as Saga goes, they can’t just “get their act together” now after the fact and magically be granted a pass to remain on Nasdaq, unless someone high up decides to look the other way and ignore everything. They knowingly violated Nasdaq rules. They’re basically at their mercy for what Nasdaq decides. What’s their excuses going to be this time, much like the ones peddled at the court case in November? How do you explain knowingly violating so many rules and regulations? Judge in the court case wasn’t having their excuses and Nasdaq isn’t likely to either. Regardless, this sure isn’t a company anyone should be doing business with and the fact Charles is apparently waiting to see how this plays out bc he is hellbent on remaining in this spac deal speaks to his incompetence as well.
That’s what I initially was worried about, more radio silence for the whole first quarter of 2024. After all this time that we’ve waited with all these delays, just don’t want to deal with anymore.
Anyway, someone posted a March date and now I can’t find it. Anyone remember this or was the one who posted it about two weeks ago?
Again, January is the court hearing, March is the NASDAQ appeal hearing.
Since they have not been delisted yet, it does seem that they would have requested in the appeal that the delisting is stayed until the March Nasdaq appeal hearing. Either Nasdaq is still considering the stay on the delisting or they granted it. We can’t know without Saga issuing a statement, which they’re clearly worse on communicating with shareholders on than even ENZC.
Here you go slick. Straight from the December press release. They had the option within the appeal process to request the delisting be stayed until the hearing, which they obviously must have exercised, bc they aren’t delisted.
“When the Company requests a hearing, it may also request a stay of the suspension, pending the hearing. The request should include an explanation of why an extended stay is appropriate. A Panel will review the request for an extended stay and notify the Company of its conclusion as soon as is practicable…”
Bc like you were told numerous times, there’s an option within the appeal process to request for Nasdaq to delay the delisting until after the hearing. They likely requested it and Nasdaq approved.
Maybe you should help them out. And the rest of us. List the violations and then list your almighty solution to each one.
I never stated anything for a certainty. Clearly no one has a damn clue what is really going on.
They’re not my opinions, they’re Nasdaqs.
They’d have to completely redo the business combination from scratch bc half the Nasdaq violations dealt with that specifically. And many of the Nasdaq violations aren’t even things they can fix. They’re going to have to basically fix what they can and then beg them for a second chance and hope it works. And then there’s the court case to still deal with.
Bc we are correcting from being massively oversold. I’ve said for weeks we traded at a steady .04 cents before ever hearing about SAGA. That’s where we should be regardless of this spac deal mess.
Nasdaq may not boot Saga prior to the hearing in March. There was a part of the Nasdaq appeal process that allowed for a hold on delisting until the hearing. I would assume they granted that if we don’t hear anything this week.
Otherwise it’s good to see .02 again. We should be at .04 really despite what’s going on with SAGA.
I hate to think he’s not competent to run this company but it’s really shaping up that way. Of course we don’t know what goes on behind the scenes but come on. This Saga thing is an absolute mess.
Do these guys know that newswire Press Releases exist?
Lmao who didn’t see this coming. Ahh shit, get ready for the split.
Just because they say the deal is closed doesn’t mean it’s finalized. This never had the required legitimately done shareholder vote and was never SEC approved. Also NASDAQ saying it doesn’t meet their approval with numerous violations as to how it was even done in the first place. Calling this deal closed is an absolute joke.
Yes correct *450 mil, it was a typo. Can’t edit on the mobile app.
Debate? You can’t even answer a 3rd grade logic question.
It wasn’t sold for $0. It was sold for $45 million in Saga Nasdaq shares. 25 million dollars each to every insider. And they still hold insider positions in SAGA (would the deal go through) and patents in their own names / trusts names, the patents never were in ENZC’s name dufus. You’re literally the only one that still doesn’t get this. Keep ignoring Charles own words as you have from the start, “no assets, no operations”.
Exactly. The guy just doesn’t get it no matter how many times or ways it’s explained.
Put the guy on ignore, he’s worse than 2020. He’s confusing who holds the patents still with what was actually sold to Saga. And he claims anyone that says otherwise is saying they sold their IP for $0. Guess he still doesn’t comprehend that every insider got 25 million each worth of shares. He also refuses to acknowledge the statement from Charles own mouth stating ENZC will have “no assets, no operations” post dividend / closing of the spac deal. He claims ENZC has sold nothing to SAGA. I’ve asked him numerous times to answer one simple question and he refuses to address it let alone answer it.
- Company A (ENZC) has all (100%) of their assets.
-Company A then sells a certain number of those assets to Company B (SAGA) and is left with “no assets”.
-How much of their assets did Company A sell to Company B to be left with “no assets”.
lol. Pretty easy to answer that one.
I’m hoping he has some competence left in him or at least some common sense and does the right thing here, pulling out of this SAGA deal. Far too many red flags. No reason to wait for any hearings or court outcome.
Of course he does. There’s 25 million reasons each to like it.
March is the NASDAQ delist appeal hearing.
Have you ever had a useful post here?
Show the statement where I said this “would be back over $1 by end of 2023”. Waiting.
Saying “let’s get the ball rolling back to $1” is simply saying let’s see this move back in that direction instead of constantly down. I never once claimed, predicted or stated this WOULD be back to $1 at ANY point. Sad I had to point out basic reading comprehension, but you’re known to be one of the biggest morons this boards ever seen, so…
You were saying two years ago “1 year into a 3 year minimum”. Way to move the goalposts.
QB only has to be above .01. Never an issue here.