Ealixir Inc (EAXR)

[Neophius]

Everything on this board is “entertainment”.

Only EAXR can actually make itself valuable for trading. That means information.

Honestly, I have no idea when that will be. I’m irritated, but there isn’t an alternative to waiting.

Btw, I’m not sure it’s been discussed, but clearly the 1 million series Z preferred shares that were sold to Enea have been converted to commons, albeit restricted.

Btw, that’s why the float has always been small; the A/S was only enough to handle whatever conversation rate the Z shares were designated.

The last PR describing the percentages detailed that the float was less than 2% of the total shares, which is only possible if the preferred shares were converted during the RM.

Functionally, there’s no difference. The vast majority of the shares are restricted and cannot be sold to the public. However, the market cap is well over $100 million at this share price because of the conversion.

Enea is technically worth over $100 million right now, but as I’ve said before, it’s just accounting at this point.