Enzolytics Inc (ENZC)

[Wisdom of Locke]

Some technical analysis of a particular set of transactions regarding Livingston.

Let’s look at the ENZC trading volume back in March of 2020:

https://finance.yahoo.com/quote/ENZC/history?period1=1582934400&period2=1584921600&interval=1d&filter=history&frequency=1d&includeAdjustedClose=true

Daily volume is shown in black. Certain dates, shown in blue, have virtually zero volume - Look at the two dates, one with zero (!) volume and the other with 300 shares at $0.0002 - a 6 cent trade - lololol.

THEN on March 12, 2020, Livingston is issued 114 million shares. The day earlier, March 11, 2020, the volume shoots up from virtually nothing to 155 million shares @ $0.0002 - $31,000 total, shown in red.

It's painfully clear that all the issuance of 114 million shares of stock to Livingston on March 12 was known and sold the previous day (March 11) for about $31,000. It is obvious that on this particular transaction, the shares issued were sold into the market, and remain in the public float to this day.

This pattern exists at every issuance of 3(a)10 shares to Livingston.

All upside in the shares was clearly realized by those retail investors who purchased the Livingston shares and sold later during one of the multiple turns of the float.