Enzolytics Inc (ENZC)

[foxi]

It depends how the court views statements like these:

“In 2018, I received shares, which, I don’t know how much you know, were blocked when you received them – in the sense that when you sign the contract, you don’t immediately sell them to financial institutions. market, “said Ivanov, adding that this was the reason not to indicate them in the declaration of his ownership for the person in question.

(from the Bulgarian news article)

This claim seems reasonable as a bookkeeping error even though it could also be used to conduct a scam. But can ENZC prove it was used to conduct a scam?

ENZC is showing its teeth, which does have me worried. What is at stake for ENZC? (Seems like way more than the disputed shares. Namely the "rights" Savov failed to transfer opaquely mentioned in the lawsuit.) But Savov does sound like a shady character and it's got to be in ENZC's favor if Savov's been served with (or lost) legal actions before! At any rate all we can do for now is watch and wait.


E D I T: the news article talks about a guy named Lachezar Ivanov and not Dmitri Savov! So it's NOT the same guy (?) as in the Savov case, though then apparently different Bulgarians were involved with Enzolytics and did shady stuff with company shares. I'll leave the quote above as an example of the kind of defense Savov might bring that could create a situation where ENZC gets its shares back but Savov keeps his IMMB ownership interest/rights/etc. I'm not a legal expert so I'm unsure if ENZC can claim ownership in something that technically still belongs to Savov, even if he scammed them -- though they ought to be able to pursue significant damages in that case if they can prove wrongdoing.