Enzolytics Inc (ENZC)

[foxi]

Some of the information you quoted doesn't look accurate. But I'd love to hear your reasoning why you think ENZC wouldn't sell subsidiaries.

It's interesting ENZC is moving to sell Biogenysis and Virogentics to Sagaliam at the same time ENZC increased A/S here in the pinks. On the one hand it's a possible fast track to Nasdaq GM for Chandra and those subsidiaries; on the other hand, the hype might support insiders dumping new shares. Increasing A/S would get negative hype if they did it without pairing it with exciting news. It looks savvy or sketchy depending on one's point of view.

There's been an increase in O/S of roughly 90 mil since March 2023. Float on otcmarkets still reflects the March 2022 total.

The ENZC management have real problems because there isn't anyway a Form 15 or Dark company like ENZC is going to sell two newly created empty subsidiaries for $250M - it will never happen.