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Monday, February 12, 2024 2:08:12 PM
I don't believe Charles wants the value of ENZC to move up, and I personally believe it is related to the lawsuits. Until that very first SAGA PR, Charles and Chandra had been leading us to believe the following:
ENZC would be audited
ENZC would go SEC Reporting
ENZC would move out of pinks
ENZC would start dropping partnerships and licensing deals
Then we got the first SAGA PR, which basically pulled a 180 bait/switch. BGEN holds the value we've all been holding for (C3, AI, and other mABS), so unless BGEN remains under ENZC (I don't believe it will. I believe Charles will separate it the second he can), I just don't see what PR can be dropped for ENZC that will provide the type of return that we were all led to believe was coming.
We're roughly 1.5 months into 2024 and trading in the .01's.
Nothing but silence on ENZC front. Maybe Charles will drop another fluff piece at some point or Chandra will tweet some bs, but unfortunately I don't believe it will go beyond that. I hope/pray that it does, but I think the odds are stacked against us and Charles is just waiting until he can officially separate BGEN.
Guess we'll see at some point.
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