Honestyl DRUHMI I'm praying that you're correct. However, I still think many are confused on the whole "we will own 90%." It's that part that comes after that 90% statement that brings the question. ENZC will own 90% of SAGA until the div's are paid, once their paid ENZC will have no assets and no operations. Yes, they can still do things afterwards, but I really don't believe that's the plan. I think this was a way for them to clean up share structure and leave the lawsuits behind.
That said, as I posted yesterday, how is it that SAGA will gain $450M in market cap (retain $10pps) after the 45M shares are added, when ENZC with BGEN/VIRO can't break $150M MC? Do BGEN/VIRO immediately increase in value the second they're sold to SAGA? If everything goes the way some that are excited about this are saying, thats great. However, there are still so many unanswered questions that as you stated, we just don't know. Like I mentioned earlier, I believe we are and have been intentionally & collaboratively pushed/held down, for this deal. If we were actually trading at the value everyone is expecting BGEN/VIRO to immediately bring SAGA once purchased, it would put us around 0.15 pps. That 900 SAGA shares for 100K ENZC shares wouldn't look so good then. However, the lower ENZC is at the time of div, the better it looks.
In regards to any law suits, I believe it depends on whether or not they knew they were making this SAGA deal & keeping ENZC on pinks, at the same time they were telling us that the #audit & #uplist of ENZC was a major priority. I'm not saying they did know, I'm saying "if" they knew.
I disagree about the RS. The only way that I would not see it as an RS would be if they actually followed through on what they told us they were doing with ENZC. #Audit #Uplist This seems very unlikely, given that our crown jewels (Clone 3 & AI) will no longer be owned by ENZC, and will be owned by SAGA.
Anyway, I hope/pray that you're right. I would love to see this work out the way that we were all led to believe it would work out for us if we held ENZC (generational wealth, yachts, etc...), but I find it much more unlikely that happens when we're reduced to 0.9% of our original qty of shares; and as you mentioned, they're not just gonna add 45M shares, they'll need more shares for institutions, large holders, etc..., which makes it much harder to reach those $200, $300, etc... per share price to bring that kind of wealth to us. But we'll see what happens. Just because I'm not super excited about this deal doesn't mean that I'm not hoping I'm wrong, and that it works out for all of us. I Am.
AI
