Enzolytics Inc (ENZC)

[foxi]

Great catch, that's very interesting info.

Not necessarily a flag, because of the categorizations involved.

From the amended and original filings, respectively:
Amended https://www.otcmarkets.com/otcapi/company/financial-report/327646/content
Original https://www.otcmarkets.com/otcapi/company/financial-report/275843/content

Looks like the "Total current assets" around $560k was pretty close for both filings, give or take about $8k. The extra $20 Million from the original filing was because of "Total other assets" which was mostly "Intangible assets" and "Investment in Subsidiaries" which are suspicious line items for an unaudited pinkie recently trading in the trips. Not surprised early unaudited ENZC would think it proper to report those, and that QB-grade auditors would want to nix those, going forward. It would be hard to provide a fair valuation of intangible things like IP.

Page 5 of the amended filing under "Merger Agreement" talks a bit more about ENZC subsidiaries. Looks like investments were made to create two new subsidiaries to acquire IP. I'd think ENZC would want to highlight this activity in its financials since it was a positive thing, but probably accounted it incorrectly.