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Re: rockie101 post# 181687

Thursday, 07/13/2023 9:56:47 AM

Thursday, July 13, 2023 9:56:47 AM

Post# of 199197
rockie, nobody knows for sure. I'm beginning to believe that we've been intentionally pushed down for the SAGA deal. Let me explain.

In the example they used, we would get 900 SAGA shares for every 100K ENZC shares we own. If SAGA can somehow retain a $10 pps after the 45M shares are added, it would break down as follows:

100k ENZC Shares Currently = $4,800
900 SAGA Shares @$10 = $9,000

We would see a gain of $4200 for 100K ENZC shares we own. However, what would it look like if ENZC was showing a more accurate valuation? There's a $450M deal on the table, which supposedly make SAGA worth $490M or more once done, so why doesn't ENZC's MC reflect that $450M before the deal? If it did, ENZC would be around $0.15 pps and the breakdown would look like this:

100K ENZC Shares @ 0.15 = $15,000
900 SAGA Shares @ $10 = $9,000

Now we'd see a loss of $6K for every 100K ENZC shares we own. Deal doesn't look anywhere near as good, right? Anyway, I am genuinely beginning to believe that this why we've been pushed/held down, and more importantly why it has gone completely unaddressed by Charles & Co. Others can disagree, but I've been watching this for too long and am 100% convinced that we've been under coordinated control for a very long time.