Enzolytics Inc (ENZC)

[MAGA_PATRIOT]

29 - The plan that we were all led to believe was coming to fruition was this:

- Audit was being completed to allow ENZC to move SEC Reporting, then uplist.
- NDA's put in place and backroom conversations with BP's pertaining to licensing the tech and/or helping to bring to trial and eventually market.
- All of this being done under ENZC

Then one day we wake up to find that ENZC is to remain on pinks, no audit, no SEC Reporting, and the majority of value/IP is being sold to a bottom of the barrel SPAC for $250M, and once that deal is closed, ENZC would be left with "no assets or operations.". Some time goes by, and that $250M increases to $450M, which is better than $250M, but nowhere near the true value that we were led to believe was coming to ENZC. Then over the past couple of months, Charles & Co have done just about everything possible to separate BGEN/VIRO from ENZC.

To be clear, I'm not saying that we won't make money with this SAGA deal, I just don't believe we'll make anywhere near what we were led to believe we'd make with the original route of everything remaining under ENZC. I would love to be wrong and hope/pray that I am, and that there is something else to this deal that we are not yet privy to. Unfortunately based on ENZC history, I don't think I'm wrong, but hopefully we'll find out soon enough....