Enzolytics Inc (ENZC)

[foxi]

Again, the precise definition is super important.

Outstanding Shares
.......... 2,797,935,953
.......... 02/25/2022

Restricted
.......... 451,289,585
.......... 02/25/2022

Unrestricted
.......... 2,346,646,368
.......... 02/25/2022

https://www.otcmarkets.com/stock/enzc/security

If Unrestricted shares held by insiders or lenders aren't part of the float until they are actually sold on the market, we can conclude that all but 451,289,585 restricted shares have already been sold.


If shares moving to Unrestricted immediately enter the float, since they're "available" to be sold on the open market, we can't know how many shares have been sold from the 1,431,009,841 entering float from your screencap. ie whoever holds these shares may really have hundreds of millions left to sell...


The Ask walls MAGA_PATRIOT is seeing on Level 2 could be the lender trying to unload a big bundle of shares but refusing to take less than X per share. Pay MM's a spicy commission to micromanage sells to maximize profit. Manipulate the Ask with walls and fake walls to maintain buying pressure, enticing more buyers to help hit quota. Always strong downward pressure since the lender's ultimate goal would be to unload their millions of shares, but patiently playing the market since retail is happy to throw more money at it.


I'm a fox on the internet. If this is nonsense, somebody point me in the right direction. Ty and GLTA