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Re: rockie101 post# 180402

Thursday, 06/29/2023 11:55:04 AM

Thursday, June 29, 2023 11:55:04 AM

Post# of 198806
rockie - I think you were missing my point. I'm sure that ENZC shareholders will move with them to some degree, but what is that degree? As I just posted in a reply to Dyno, SAGA's pps is at 10.90 and we're at .048, so it takes 227 ENZC shares to equal the value of 1 SAGA share. My point being is that how they're going to determine our shares in the new company? They have intentionally omitted what happens with ENZC, and more specifically ENZC commons, in every PR about this deal.

Would you be happy after holding all of this time and/or view it as "good," if they were to move all of us into the new company at 1/227th of your current shares?

Once again, I cannot stress just how much I hope I am wrong here, but until they clarify, this is what I'm left to think/believe.
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