Enzolytics Inc (ENZC)

[MAGA_PATRIOT]

Agreed, but the way that I interpret it is that we'll be lucky if the deal is closed prior to Oct 23rd, because the SAGA 8k states that this is the 6th of 10 allowable 1-month extensions; and based on ENZC history coupled with SAGA thus far, why on earth would I expect to see/hear anything before the absolute final deadline.

I hate to say it, but I'm betting they use all 10 extensions, so I really hope that Charles delivers something tangible between now & if/when the SAGA deal is done. If he doesn't, I believe we're in for one ugly summer (just a repeat of last summer and/or every other day over the past 2+ years. (Hurry up and wait for something that never comes, such as 2yr audit, SEC Reporting, move out of pinks, "Monumental Shift in 6-12 months, etc..., etc..., etc...)

As for today, after watching the open (PUMA/INTL specifically), the artificial 05 ceiling is locked in place, and I'm expecting to see them drop it to .045 over the next few days. Still have another 30 minutes to see if we're hit with the usual 10:30 takedown, as shown below in yesterday's chart. Also, Anytime an ask is hit and they actually move up (majority of the time it's just a bottomless ask), they still keep it under 05. It truly is laughable, but we are right back to where we started prior to that teaser/climb to .13. Our current MC is about $107M less than the SAGA deal...LOL... Can't make this stuff up!

We’re assuming this PR means they are extending the time needed to June 23rd to finalize the deal with ENZC that was previously announced. Which means the deal is still on.