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Re: Dusty18 post# 185219

Tuesday, 08/29/2023 1:05:16 PM

Tuesday, August 29, 2023 1:05:16 PM

Post# of 198805
Dusty - I know many on here likely disagree with me, but I'm convinced that SAGA is intentionally dragging out the deal. The more ENZC shares they can purchase down here in crazy-undervalued-land, the larger % ownership of SAGA they'll have post-deal. Right now there are only roughly 4.X million in SAGA OS, so once the 45M shares are added, those who currently own the 4.X M shares will only own roughly 8.5%, but if they've been loading the past 6+ months, that % could increase exponentially depending on how many they've purchased. As long as they each (each SAGA exec) remain under 150,540,206 ENZC shares, they are not required to file anything with SEC (5% ownership, etc...)

Again, just a theory, but I am really leaning towards this one.
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