Enzolytics Inc (ENZC)

[Dyno89]

The attached screenshot claiming it’s “dilution” has been debunked.

Look at the dates. All September 30, 2020 or prior. All before the announced merger LOI in September 2020 and finalized December 2020.

The shares you are incorrectly showing as “dilution” were already part of the share structure. They were prior debt settlement shares which have already sold long ago into the open market.

These shares never added to the authorized or outstanding share count structure of ENZC because they were ALREADY included in those share atucture numbers. So, when sold into the open market, they are NOT dilution.

Dilution is when a company ADDS shares to their share structure. Dilution will show a rising outstanding share count which has not happened here.

Bottom line, these screenshot of float prior to October 2020 are irrelevant and have already been explained and debunked.