Enzolytics Inc (ENZC)

[Valuator2]

It's possible that most of the 251.2 shares released from restriction were the 230 million distributed from the Z Trust to its beneficiary, Dannie. This has been posted about here several times recently.

Reading the disclosures, I understand that Livingston is limited to owning no more than 9.99% of the OS stock at any one time. Currently, that would be no more than 279.5+ million shares at any one time, and that has been the case since around the time of the merger or at least 12/31/2020. So, LAM had to have sold most of the shares it was issued...when they were issued...in order to be in compliance with the limitation.

I hope CC is verifying compliance with that limitation as well as the calculation of the number of shares issued for conversion of the $100,000 note given as a result of the 2018 settlement. Those latter mentioned shares were issued periodically from June to October 2020, mostly at $.0001.