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Re: rockie101 post# 185983

Wednesday, 09/13/2023 9:26:20 AM

Wednesday, September 13, 2023 9:26:20 AM

Post# of 198796
rockie I disagree. It is a rs, but in disguise. All of ENZC value (minus robustomed & lawsuits, but they've already said they're spinning off robustomed at some point as well) is being transferred to a new company, leaving ENZC with no assets or operations. We've all been holding ENZC for that specific value which is being transferred to new company. We will get something like 1 share of new company (SAGA) for every 100 shares of ENZC we own, which is the equivalent of a 1:100 RS.

Yes, we will still own our ENZC shares, but the value we were holding for will be gone, and ENZC will be worthless. That is why I've been saying it's a RS in disguise. Now, those with 20, 30, 40, 50M+ shares of ENZC will do just fine. Those will smaller holdings may do ok, but nowhere near what we were all led to believe was coming to ENZC. I already know many disagree with me, but I believe everyone will eventually agree and/or come to the same conclusion when this all plays out. There's a reason why all of this selling & conversions have been taking place, just as there was a reason Charles increased our AS by almost 25% without any filings, info, or clarification as to why. If it was for a good reason and/or a reason that Shareholders would agree with, he would've dropped a fluff PR the second it was done.

Anyway, like I've been saying, it is what it is at this point, and we're left with only "hope."
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