Enzolytics Inc (ENZC)

[Wisdom of Locke]

These shares were free trading when they were transferred - check the disclosures. Looks to me like Livingston has been out of the market since 12/31/2020. Livingston converted and sold between March and October/20 - nothing in 2021.

There has not been any convertible debt since 12/2020 - thus, no one is cashing in. All convertible debt was from funds received by the company so there was skin in the game. Float has not gone up between June and September 2021.

The balance of the restricted shares should age this quarter. But, that does not mean the restrictions will be taken off. Livingston's were a 3(a)10 program where a federal court order authorized the removal of the restrictions.