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Re: bb money post# 217

Wednesday, 04/29/2020 1:07:17 AM

Wednesday, April 29, 2020 1:07:17 AM

Post# of 348
I'm pretty sure ENZN and MYRX will always be separate entities. Carl Icahn owns around 16% of ENZN. There is speculation that he may utilize that shell after all the royalties have been paid out. That could be many more years though if SESN's bladder cancer drug is approved this year.
I think Couchman must think he can get a good return for MYRX buy using some of its $1M cash to buy ENZN shares. MYRX bought 1.4% of ENZN so far at .14 a share. It's already a decent return since the price is .18 now. The MYRX website that was updated a year or so ago states:

"Myrexis, Inc., headquartered in New York, New York, is in the process of evaluating strategic alternatives, including focusing on identifying, evaluating and making financial investments in life sciences assets."

I own shares of both companies. I think both of them will be utilized.

The board members of both ENZN and MYRX have vast knowledge and history of being involved with utilizing NOL shells