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Friday, June 30, 2023 12:21:50 PM
With the sale of BGEN, who apparently owns the AI, and VIRO, what is ENZC left with? I know that ENZC will end up with a small % of ownership in the new co, but it will come nowhere close to the Qty of shares that we have each been holding for 2.5+ years. Like I mentioned in other post, if they determine our shares based on % ownership, we would end up with roughly 6,039 SAGA shares for every 1,000,000 shares of ENZC that we own. If ENZC moves into the new co, is this all that we're left with? 6,039 for every 1M ENZC we own?
Anyway, I hope Im explaining this right. I appreciate all of your input and by no means am I suggesting that I believe this deal to be good or bad, just that I want to understand the future of ENZC ticker, what it's left with, and if what we've been told for 2.5+ years is still happening, before I make that determination.
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