Enzolytics Inc (ENZC)

[Wisdom of Locke]

(Sigh) more weirdness.

Let’s talk facts:

1) “Dilution “ is not present when Outstanding Shares is unchanged.
2) The shares that matured due to debt conversion have been absorbed by the market LOOOOOONG ago.
3) Public disclosures show stability in shares outstanding , shares authorized, no changes in auditors, accounting firms, etc.
4) Public disclosures show significant progress in at least two areas: ITV-1 and the spray.

Company looks to be hitting expectations on what’s been disclosed publicly. Now, can ENZC hit weird expectations from board? Probably not. But, that’s not the standard. But, looking at filings, ENZC looks to be on track.

Smart analysts looks at public disclosures, and use REAL accounting definitions and real, tried-and-true financial analysis.

Onward!