Enzolytics Inc (ENZC)

[foxi]

Yeah, I was wondering that as well. Depending on how well they budgeted and any unexpected opportunities coming from the resale convention, they might need some quick operating cash to help pay new short term expenses. Or maybe an extra expense related to developing the website.

It's not automatically bad for a company to dilute. It'd be better to dilute and maintain forward progress than to run out of money and get stuck. Saying they haven't diluted and then immediately diluting could be unfortunate timing without necessarily attempting to mislead. Being that this is an unaudited pink company, I can also see where the new dilution and poor communication could look like shady business instead.

Hopefully it's for the better! If it's ENZC creating shares to sell for quick cash, we might be in for a red week.