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Re: Dyno89 post# 180154

Tuesday, 06/27/2023 11:17:47 AM

Tuesday, June 27, 2023 11:17:47 AM

Post# of 198928
I know they wanted to renegotiate for more, but truthfully, I personally am not sure how much ENZC's current valuation (intentionally and IMO illegally undervalued by a ridiculous amount) comes into play, as it pertains to the SAGA deal. I say this because to the best of my knowledge, the only tech/IP held by BGEN & VIRO is licensed to them, not owned by them. So it seems to me that SAGA is purchasing 2 companies that have only licensed tech, so SAGA will own 100% of the companies, but not the tech/IP itself. In other words they are purchasing the ability to use that tech for profit based on the potential of Clone 3 & ITV1.

Or at least that is my understanding, and why I was asking yesterday how Chandra being CEO of one of them can be viewed as good for us, ENZC commons?