Enzolytics Inc (ENZC)

[foxi]

Both a temporary restraining order and an injunction should prevent the transfer agent from allowing Savov to sell the disputed shares.

"A temporary restraining order serves to provide emergency relief and to preserve the status quo until a hearing may be had on a temporary injunction. The purpose of a temporary injunction is to preserve the status quo pending a full trial on the merits."


The restraining order buys time until they can get the injunction. Not sure if ENZC has been withholding news due to the court case, but I bet they'll have more room for big PRs after getting an injunction. (Savov would have to win the lawsuit to lift the injunction, and that's probably not happening, haha)