Enzolytics Inc (ENZC)

[Dyno89]

Charles did the smart thing after all. Some of us questioned for months why he was still allowing the SAGA deal to go through with all their major pending issues, putting their Clone 3 and other assets at risk. And reputations at risk with SAGA being shady, delisted and the lawsuit.

Going to speculate that Charles wanted this thing nixed and Harry refused to void the ENZC / SAGA deal and that’s the final straw that led to the falling out and change of control with Charles and Chandra both leaving to take their tech elsewhere. Makes perfect sense with how today’s PR was worded. Charles and Chandra left, taking the tech out of BGEN, leading to the change of control in ENZC and then this new amended SAGA deal without BGEN being involved. Why was BGEN not involved and the deal was cut from $450 approx in half? Bc there’s no assets left in BGEN clearly so it was not worth anything to be still part of the deal. I would bet anything this is how it played out. Just put two and two together from what we know without any bias and it makes perfect sense.

Charles did the smart thing to get his assets out of this and Chandra was smart to follow.