Enzolytics Inc (ENZC)

[foxi]

Here's the moment:

27:40

If there's any doubt how investors interpreted things, see the chat replay explode just after he gives the timeline.

The "days to weeks" sounds vague enough to be off the cuff, but:

1) The new audit firm "fulfilled all the requirements" and they "will be submitting an audit very soon" makes it sound like the work is already done.
2) "The audit and the uplisting remains our #1 priority" makes it sound like this will indeed be expedited.
3) No clarifications or updates after, encourages people to invest based on what his message sounded like.

It's careless at best (if the process is out of their control), disingenuous at worst (if he's misleading investors with crafty words he knows they want to hear), but they can make it all right by:

1) Being transparent (ie give us an update) what's going on with the process. Or
2) Actually following through!


I agree, he should at minimum tweet an update at this point to reassure shareholders. Maybe there was a great reason for delay. And if he's lining up a slew of big news drops to catapult the company forward, he might be holding back a few more days.