Endonovo Therapeutics Inc (ENDV)

[Biotech_Tradez]

Not enough buying demand to dump all that stock.

They would very quickly go sub-penny and need another reverse split.

Apparently the SEC is going after the convertible note lenders for being unregistered securities dealers. That means that the transfer agents that often are in on the scam are not allowing conversions because they fear being sued as well.

That is why ENDV is in forbearance and why their equity line requires at least 50% of the proceeds be used to pay back the lenders.

However, the equity line has not worked, just like the last one because the equity line holder is not making big gains from the equity line, they don't have 10% original issue discounts and 30% discounts on conversions. So the equity line holder is simply relying on the clause preventing it from becoming a beneficial owner to not buy more stock from ENDV.

FAIL!!