Enzolytics Inc (ENZC)

[falon]

The company will receive a majority of the SAGA stock.

What Company?

No

All the shares go to SHAREHOLDERS.

The company management owns the majority of the shares so the they would get the majority of the SAGA shares.

As soon as the Agreement is finalized, the Parties will file an 8-K providing the details of the purchase of the subsidiaries. It is anticipated that ENZC will dividend to the existing ENZC shareholders the Saga shares received as the purchase price of the subsidiaries. This will occur on the dividend date in accordance with the individual shareholder's percentage ownership of the Company.