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Friday, September 18, 2020 12:32:12 AM
$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
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