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Re: rockie101 post# 185858

Monday, 09/11/2023 11:23:21 AM

Monday, September 11, 2023 11:23:21 AM

Post# of 198924
Personally I do. At this point it seems the only purpose of holding ENZC is to get SAGA shares. However, as I've stated all along, I still view this entire plan as a disguised revers split. Hopefully we will still make money with the tiny amount of SAGA shares we'll get, but it will not be the "#yacht $$" we were all led to believe was coming to ENZC for 3 years. Obviously those with large holdings (15M, 20M, 30M+) will do ok, but those those with much smaller holdings (especially those who purchased at .25, .30, .40, +) end up with the shaft. But, that's just my outlook. I personally don't like this SAGA deal and don't want it to happen. I would much rather see ENZC/Charles/Chandra follow though on what were being led to believe for the 2.5+ years leading up to the SAGA announcement.

1. #Audit
2. #Uplist
3. #Yacht
4. ENZC retains all of the value and licenses out and/or partners with other BP's, but definitely NOT give away the farm for $450M, while at the same time reducing the qty of shares we hold by somewhere around 1/100th.

What will be left in ENZC after the deal that would cause people to drive volume/spike? Robustomed + Lawsuits? I guess we can hope for a spike to get the SAGA dividend, but how high that goes will depend on our OS at that time, how many more conversions take place before that, etc... Per the Q2 fins, both Series B & Series E convert 10:1, so depending on how many more are converted, our OS could grow substantially before the dividend date and/or deal.

That said, as of right now we have no choice but to wait for OTCN to finish, then for PUMA & INTL to finish, before we have a chance of seeing any type of real movement. I don't count a green day where we remain in this ridiculous level (04-.10/.15) a big deal and/or a spike. The $450M by itself should have us trading around .14-.15, yet here we sit in the 04's? Why? Because whoever's converting has made sure that the pps is as low as possible, so they get the cheapest price. These end of day T-Trades for 9% of daily volume (just under .10%) at a pps lower than the highest closing bid (in many cases it's lower than the highest 3-4 closing bids) are not coincidence. VIRT+OTCN tag-team every time we broke .10 was not coincidence. This was all planned/coordinated and to this day has yet to be addressed by the company, but like I said in prior post, at this point it is what it is, and we can "hope."