Enzolytics Inc (ENZC)

[Dyno89]

Since BGEN and the assets under it were not part of the SAGA deal after all, and those clearly left with Charles and Chandra, the best anyone could hope for here (if the court was to decide the SAGA deal was not legal) is that ITV-1 and IPF (assets under VIRO) would come back under ENZC. And even then, they’re all but worthless as we’ve seen. The only real potential here was Clone 3 (whole reason the merger happened in the first place in 2020) and that’s gone. And if they couldn’t get funding or even begin real clinical trials on that in 3 1/2 years under ENZC, what makes anyone think it’s remotely close to those under a new company / shell.