Enzolytics Inc (ENZC)

[MAGA_PATRIOT]

Xtremetz1 - This hasn't been allowed to trade organically in a very, very, very long time, and I agree this is and has been far from normal trading. Unfortunately there's not much we can do about it. Also, I'm pretty sure that anyone who's been watching this knew that we'd be taken right back down, so they likely held off on buying. As long as OTCN continues, we'll remain in this ridiculous range. Also, even though the deal is now binding, there is technically still an "out" if they don't complete it by 12/31, so that could be playing a role as well. I'm hoping that once it's officially closed, we'll see some organic buying and pps movement.

Xtremetz1

Re: None

Wednesday, September 20, 2023 12:07:25 PM

Post# 186731 of 186752

Something doesn't past the smell test. This company releases profound news that would otherwise skyrocket other Bio companies and this company tanks and goes into the toilet! This doesn't feel like this is being allowed to trade organically. The forward progress they've made would have other companies in the dollar range and depending on share structure. It may even be in the multiple dollar range. This companies share structure sucks but my god. They are in essence performing a reverse split into the Nasdaq. The fact that the original company will move forward with a new business plan and the div will be determined by the amount of shares you own leaves any person with questions of why this stock isn't in the 25 to 30 cent range. That is not unusual and is still probably a little under valued in this shitty market. I find it hard to believe that this is normal trading. The job of CC is to address these issues and continue to move the value of the company forward. I sure hope that this strange pattern stops once the company moves to the Nasdaq. CC better do something quick because if the SPAC deal falls through. This company will be decimated down to less than any bought in at in the trips!