Enzolytics Inc (ENZC)

[Valuator2]

Finance, there is nothing confusing about my post. Maybe you meant this comment for someone else's post?

Please Get Your Periods Straight!

The initial announcement for a 2-year audit did include 2019, but 2019 was prior to the late 2020 merger and it would not be comparable to the post-merger periods. I think I'm correct that later ENZC comments didn't mention 2019. Maybe M&B did it, but that would be "old ENZC" only. Frankly, if I were in CC's shoes, I would have wanted it, but for different reasons.

We haven't a clue why MB was terminated. ENZC just said they had no disagreements over documentation with MB. IMO, I don't buy it. Going 1.5 years on a PCAOB audit just doesn't wind up this way. So. what is the real truth?

Yeah, so what do you think the "real truth" is, IF different from what ENZC says? You obviously have a strong financial background, but also seem to have a bone to pick with ENZC. Do you have any insight on this, and have you had any contact with any of the auditors?

Also, getting the audits completed is only the beginning of what ENZC has to do. They still have to file a registration statement with the SEC to be a "fully-reporting" SEC registrant and be able to uplist on a different Exchange. All of the info in that filing has to be presented according to the SEC's rules and regs meaning the standards are higher than the OTC, i.e. much more disclosure - nothing skipped over or omitted.

I take your word for what you describe above but think you will agree that what you've described is necessary IF they want to upgrade within the OTC and beyond, but these audits are voluntary and not necessary if they decide to keep their current status. They have stated that their intent is to complete the audits so that they can upgrade.