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Re: pumper_stumper post# 147174

Wednesday, 04/13/2022 3:27:22 PM

Wednesday, April 13, 2022 3:27:22 PM

Post# of 198638
Current market cap on Yahoo = $167million.

Market cap just prior to merger = $270,000

At it's peak, 2.7 billion outstanding shares @ $0.829 = $2.23 billion market cap.

Probably a bit overvalued. So, then: what is ENZC worth?

What matters to smart investors is the following: What is the likelihood of the IP (either ITV-1, the monoclonal antibodies, IPF Immune, the MS drug, the AI, etc.) somehow hitting and what would be the financial benefits of such a hit?

Frankly, if the IP is successful, the $2.23 billion is a bargain. If it is not, the $167 million is overpriced. But, it's very clear that discussions of minor problems / successes in IPF Immune, or minor changes in O/S or Float, or each individual tweet or PR just don't matter.

Everything else is just noise.