InvestorsHub Logo
Followers 59
Posts 10251
Boards Moderated 0
Alias Born 06/03/2008

Re: foxi post# 145385

Thursday, 03/24/2022 8:15:11 AM

Thursday, March 24, 2022 8:15:11 AM

Post# of 191398
Post of the YEAR! Great work!

I have been looking into this and know that the company has never released the Preferred conversion info discussion in their financials. I knew this info was big because the company hides it from shareholders!!! (that's what pink sheets are about... half truths, hiding the key info)

Other (non scam) companies always publish this info about their preferred. Who knows, maybe this is the reason the auditors won't sign off on their books!!!!

Several times, I've challenged anyone that tries to imply great knowledge of the company to supply this info many times, but if anyone notices, the challenges go without answers, or more often being replies that try to change the topic. (that's typical in a pink sheet).

There are several other classes of preferred stock, and the same questions as still open for those. Are those series 10 to 1? 100 to 1?? 1000 to 1??

You've hit the tip of the dilution iceberg there

This is a way of ENZC has hid the dilution! There is 50% dilution on the table (Doubling of common shares). The Preferred cannot be sold or traded on any platform. They HAVE TO BE AND WILL BE, converted to common, eventually!


Hey, do you think Chandra will comment on it? lol And no, "I have no current plans to convert" means nothing!

I will follow this up later, after I do a couple of calculations!!!