Thursday, July 20, 2023 2:49:44 PM
If the SAGA deal like we have been lead to believe is close , would the investors that are backing this 450M deal in SAGA be buying up shares of ENZC . To me if I am one of the investors who is involved in putting this deal together and it is close I would be buying ENZC shares right now like crazy. Meaning if I am involved in part of that 450M , I surely have a few extra millions sitting around to buy the stock I am going to be getting a dividend of sum sort.
ex 3 million would buy approx 65,217,391.30434783 shares , if it wasn't a good deal why would I be part of a 450M deal. So if there are say 10 people or groups that are investing to make up the 450M, think about the amount of people who would know and have deep pockets to buy ENZC shares at .045 even if it wasn't for millions of dollars each volume should be more than what is currently happening. IMO
Our volume isn't showing really anything different from our past volume when it trades in .044-.048 range a few million a day.
Either they don't have the investors yet, or this was a way of generating interest as some of the patents filings were anticipated over the next couple of months along with the Africa trials getting started and news closer to the end of year from there. Since it is a non bidding deal as mentioned that might be the loophole that keeps from breaking any SEC rules. All just thinking aloud. GLTA
This thinking might be caused from being on a mower for two hours in the Va. heat,
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