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Re: 2business post# 181343

Tuesday, 07/11/2023 2:26:58 PM

Tuesday, July 11, 2023 2:26:58 PM

Post# of 198806
2b I really don't know. I believe the tiny bit of green seen today will be completely erased tomorrow as usual, if not by end of today. I believe that those who are actually excited about this are missing the fact that ENZC will be no more after the dividends. We're not getting SAGA and retaining value in ENZC. That is not happening. While we will retain our ENZC shares, they will be worthless. They clearly stated in today's filing that ENZC will have zero assets and operations after the dividend is paid. So the millions of shares that many of us have been holding because WE WERE LEAD TO BELIEVE THAT ENZC (NOT SAGA) WOULD BE GOING SEC REPORTING, AND WOULD REAP THE BENEFITS OF THEIR TECH AND APPRECIATE TO TRUE VALUE, will actually become worthless. In return for those millions of shares we've all been holding, we will get thousands of shares of SAGA. It is 100% a Reverse Split, but because the resulting shares that we're getting (fraction of the ENZC shares we own) are SAGA and not ENZC, they're not calling it a Reverse Split.

I've been warning of this for a while. No matter how great we all think a pinkie CEO, they always turn out the same. They all view us as "penny holders" and in the end, we always get the same thing. Less shares valued higher, which is a reverse split.
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