Enzolytics Inc (ENZC)

[foxi]

No worries! I found it mentioned in the latest quarterly under Liquidity on Page 6

https://www.otcmarkets.com/otcapi/company/financial-report/352649/content

In 2021, the Company has raised $2,000,000 in sales of Series E Convertible Preferred Stock and additional $950,000 in sales of subscribed Series C Convertible Preferred Stock. On May 12, 2021, the Company entered into a distribution agreement with a company to distribute the Company's anti- HIV-1 therapeutic ITV-1 in the countries of India, Pakistan, UAE, Indonesia, Philippines, Nigeria, Benin and Togo, Kenya, Tanzania, Rwanda, Libya, Uganda, North Sudan, Egypt, Morocco, and Tunisia. The Company received $1,000,000 in cash from the distribution agreement. As a result, the Company believes there are sufficient funds to continue operations and research and development programs for at least 12 months from the date of this report.

Agreed with the original post they are probably running short on cash. Same filing Page 2 shows $294,316 cash on hand in September '22. But as long as they have that connection open with Valentin Dimitrov and other private investors, they may be able to avoid Common shares dilution.