Enzolytics Inc (ENZC)

[foxi]

Afaik there's been no announce. There's a lot of FUD about it though.

I don't think ENZC would announce a R/S ahead of time, more likely just do it. They tend not to keep their shareholders in the loop about bookkeepy things until they make OTC filings. (We would know the day-of through our brokers.)

They also don't need a R/S if they can get a big enough catalyst to push share price up on its own. The current share structure isn't ideal for a company this size, but it's not terrible either if they delivered game-changing news.

With the market as bearish as it is right now, if ENZC or lenders have a lot of shares left to unload, they do probably need a R/S to avoid crushing PPS back to low pennies or trips - unless they can prop it up with news (like what's expected in March)