Enzolytics Inc (ENZC)

[bankjob]

The beauty of investing is the inevitable speculation that exists to some extent and making reasonable deductions based on disclosed information to determine one’s risk appetite.

What’s in a number? Thank you for pointing out who holds the special series shares. While you’re assuming they won’t convert except in the long-term, that’s my position as well. Or, they can convert periodically but probably wouldn’t do so until a reasonable share price value has been achieved - and the potential share price appreciation here is enormous…IMO.

We’re these shares not in the hands of management, I would say that the picture here and confidence level would be different.

Great post!