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Re: DRHUMI post# 187853

Sunday, 10/08/2023 2:22:20 PM

Sunday, October 08, 2023 2:22:20 PM

Post# of 198306
Not necessarily. OTCN has sold somewhere around 1B shares since their reign began, and if they've been selling to SAGA brass (could be selling at agreed upon predetermined pps, which would explain why OTCN backs off as the pps goes up, waits for VIRT to take it back down, then jumps back in), they could be doing so in a way that holds the pps steady as it has. The only reason I've suggested SAGA brass buying, is because one would think that they'd want to increase their post-deal ownership. ENZC had to have shown them something to move the sell price up $200 (From $250M to $450M). However, right now I believe SAGA's OS is only around 5M shares. If 45M new shares are added for ENZC shareholders, then SAGA Brass's ownere % post deal is very small, but if they've been adding over the past 4-6 months, those shares would be eligible for the dividend and hey could each buy somewhere around 150M ENZC shares before they'd have to file/report anything (> 5%). Anyway, I'm not pretending to know anything, so this is just an explanation of my theory why I believe it's very possible that SAGA has been buying.

Again, at this point I'm just sitting back hoping/praying for the best, but I still believe that we (ENZC) are currently severely undervalued, and I believe that it's intentional.

2) Not now. If the SAGA brass were buying like mad, the SP would be going up. I think when the dividend period is announced, then the spike will happen with lots of people weighing their options of just getting out or staying for the dividend.