Wednesday, December 08, 2021 10:04:29 AM
That sounds great and if everyone is still honoring that agreement, and "most" really means most, there shouldn't be many new conversions for about another year.
But I did the math last night and between Sept 2018 and Oct 2020, ENZC issued 1,165,021,256 mostly unrestricted shares to Livingston Asset Management per https://sec.report/otc/financial-report/270351/Corrected-Annual-Report-12-31-2020.pdf
That's over half the current float. (2,141,602,954) https://www.otcmarkets.com/stock/enzc/security
Those shares are already unrestricted, so Livingston isn't prevented from selling for two years. Surely Henry Sargent sold some of them leading up to 2021. But surely he hadn't sold all of them before the big run in late 2020? How many might he have left or is 10 months enough time to liquidate so many?
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