Enzolytics Inc (ENZC)

[foxi]

I flubbed up the math on the exec salaries, adjust accordingly. :o)

Balance sheet in the last quarterly showed only $156,559 in operating cash at end of March, which wouldn't even cover one month of management's salaries. ($40k/mo cash burn just for the four execs with the 2020 three-year employment agreements. See bottom of page 33)

$156k would cover four months of salaries at that burn rate. Point being, ENZC also has operating costs, other people to pay, etc. and $156k isn't a lot to work with. They might need to sell some shares to keep things liquid.