Enzolytics Inc (ENZC)

[MAGA_PATRIOT]

2b - The way that I understand it is that Charles basically sold ENZC for $450M. Robustomed, which currently doesn't even have a pipeline is the only thing left, once this deal goes though. Clone 3, ITV1, AI, etc... will all belong to SAGA.

In other words, I think the simplest way to put it is that Charles cleaned up ENZC, by selling all of its IP to SAGA, where he, Chandra, and the rest will also be going. As ENZC shareholders, we will get a SAGA dividend, which will literally be a fraction of the shares that we own in ENZC. Once we get the SAGA shares, per today's filing, ENZC is empty with no assets or operations. What do you think our ENZC shares that we've been holding for years will be worth then? So to sum up, as I've been saying, it is the equivalent of a Reverse split, but since the resulting fraction of shares that we get are SAGA and not ENZC, they're spinning it at something else and not calling it a Reverse split.

After the dividend to Company E shareholders, there would be no assets or operations in
Company E, but management would be able to purchase new operations or develop other
products that would be the assets of Company E. The Company E common shares would
continue to trade on OTC Markets as a new business strategy is implemented.