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Friday, October 27, 2023 5:32:01 PM
#1- ENZC is selling all its most valuable assets to SAGA, in exchange for our getting 9k SAGA Shares for each of our 100k ENZC Shares, which they are calling a "Dividend", which is a WHOLE LOT LESS than what my ENZC Shares would be worth had Enzolytics kept on its program of partnering with BP's or large investors to develop their prize-winning Patents for CURES of major worldwide infectious diseases, which is what Mgt has been telling us they will do. My profit would've been GREAT, based on the low PPS I purchased my ENZC Shares for over 3 yrs ago, but now it's only based on the number of each of our batches of 100k ENZC Shares, with no base-price at what I purchased them for as part of the equation or under consideration. Had ENZC done its own direct partnership with BP's & multiple-licensing out of their prize-patents, I believe the ENZC PPS would've been huge. Maybe Enzolytics will go back to that stragegy if this SPAC Deal falls thru.
and
#2- While we will be keeping our ENZC Shares, we have no assurance they will rise in value from where they are now at .02 or less, or will be after/IF this SPAC Deal goes thru.
ENZC will be left with only RobustoMed to start afresh, plus nagging lawsuits, besides some vague description that Mgmt will be "implementing a business strategy". What's THAT supposed to mean?! Clear as mud. Not very reassuring to long ENZC'ers. All we can do now is PRAY! Which I do daily! ! And I sincerely hope all ENZC'ers are doing the same!
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