Enzolytics Inc (ENZC)

[MAGA_PATRIOT]

Agreed Timing, but right now we just don't know that answer. Like I said in previous post, I know somebody brought up the following yesterday, and based on what we see in the report, it's a logical conclusion.

The only Series B that are showing as converted in Q2 are from Harry. The report shows a negative (-2M) series B with the reason as "conversion," and then a positive 20M commons with reason as "conversion of B." This would suggest that they convert at a 10:1 ratio. I know that if this is true and Charles & Co decided to convert all of their Series B, they'd have to increase the AS by more than 4B. However, they may only plan on converting a certain qty, then holding the rest to maintain the voting rights (even though they have super-majority voting rights with the Series A they hold). Or even more likely, it could just be Harry who is converting his Series B. He holds roughly 48%of all of the series B out there (188,450,000), and since he/they sold all of the commons that the Zhabilov Trust held (something like 200M+), maybe he's now converting half of his B for commons, prior to the dividend?

Anyway, just a thought....