Part of the problem is that he has given us no clarity, so at this point, all we know is that we're getting screwed with the qty of SAGA div vs what we were originally led to believe we were getting. And the really F'd up part of that is that our div qty was 900/100,000 when the sale price was $250M, then it goes up to $450M and our div qty drops to 400/100,000 best case (which is really just Charles subtlety saying it will be worse)?
A little bit of clarity on:
1. What happens with ENZC? Right now I'm expecting it to drop back to trip after the div, and possibly before, depending on the non-stop conversions/dilution. If it does go back to Trips, then this is truly a disguised RS, which I believe it is anyway.
2. Give us a solid and accurate number for the dividend, as well as details. How long do we have to hold ENZC for to be eligible? How long will our SAGA div shares be restricted?
3. Who is converting and how much more should we expect? In the first scenario shown to us (when he used 900/100,000), he also used an AS of 5B. Not 3B and not 3.9B, but 5B? Was that just happen-stance, or are we going to be hit with enough conversions & dilution that he'll need sneak in another AS increase without any filing or explanation?
4. 27 Days left in December, so if ENZC is going SEC reporting, they need to file the 2yr audit and other requirements ASAP, or once again we'll be waiting on them to supposedly audit another year (2023).
5. What happen to Montana results? Enzo? Clone 3? Samsung? Etc....
Anyway, dropping some accurate clarity on us would go a long way, but I genuinely believe that Charles views us commons as second-tier penny investors, who aren't worth his time. However, that's just my own personal opinion based on his actions or inaction, as well as how he pulled the bait & switch 180, then very shady-like dropped in the PR that ENZC would continue on pinks with no assets/ops; and he did this after leading us to believe that we would fully audited & SEC reporting this year.
RSI is back at 45.x as well, so I'm expecting some higher volume and lower pps, due to more conversions/dilution, They have the padding they need to continue.
But.... Like I've been saying, at this point, it is what it is. Just praying for some kind of miracle, as well as this SAGA deal collapsing.
