bytheocean - I'm down on this deal because for the past 2+ years we've been led to believe that ENZC would reap the benefits of Clone 3, AI, and the rest of the tech going to SAGA. Clone 3 (HIV Only) was projected at roughly $9.09B per year, which put ENZC pps over $3, then factor in everything else. That is what we were led to believe was coming to ENZC. In addition, we were led to believe the audit was being done, and was to be immediately followed by uplisting. We were led to believe that they would get the funds to put their tech in trials and bring it to market by partnering with BP's, not selling them the farm. We were led to believe that we would eventually see ENZC uplist to Naz without an RS.
Many of us passed up on life-changing gains (I'm not just talking about the run to .958, but even after that. Many of us could've walked away with 7-8 figures gain at the time Charles did the first "Emerging Growth Conference," but instead held because we believed what he & Chandra were telling us). Now, everything that we were holding for has just been sold to another company. Yes, we'll get a few SAGA shares, and even make a few dollars, but it won't come close to what we were led to believe was coming to ENZC, which ultimately played a role in holding vs selling for 7-8 figure gains.
Lastly, I'm sure many others are in this boat that I'm about to talk about too, but I am speaking personally here. I talked several family members into buying ENZC years ago, some of whom paid between .30-.50 for their shares. They are not sitting on millions of shares, so not only do they have miles and miles to go just to break even, their chances of making the kind of money we were led to believe was coming to ENZC are pretty much gone.
For example, lets say a family member purchased 200K shares at $0.50, a cost of $100K. Right now those ENZC shares are worth a whopping $7,780, leaving them in the hole roughly $92K, and I don't expect the ENZC cliff-drop to stop anytime soon (expecting many more conversions/OTCN selling). The odds of them making any of that back via ENZC shares is pretty much gone, and based on the tiny qty of SAGA shares they'll end up with, I just wish I never would've convinced them that ENZC was worth the risk.
Anyway, as I mentioned to rockie earlier, I'm seriously running on empty from that 19+ hour drive yesterday, so I'll dig into the SAGA news in much more detail tomorrow. I hope/pray that I'm missing something and/or misinterpreting everything. Nothing would make my day more.....
Have a great rest of your weekend!
