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Re: Timing101 post# 198232

Wednesday, 05/22/2024 2:33:01 PM

Wednesday, May 22, 2024 2:33:01 PM

Post# of 199288
Agreed. Funny how these assets were not listed in the Annual Report when the transaction was stated as being complete last year. I'm surprised that they now claim them in the Quarterly Report and then try to pretend that SAGA is a separate entity that wholly owns VIRO and has returned BGEN to ENZC. SAGA announced the novation agreement through a source other than otcmarkets.com, but now SAGA and VIRO updates are occurring via ENZC's press releases. I know it's because eventually the ENZC shareholders may receive their SAGA dividend shares. I do recognize that those shares are now worthless.

I would like to assure the shareholders of SAGA, the majority of which are Enzolytics shareholders


https://www.otcmarkets.com/stock/ENZC/news/ENZOLYTICS-INC-ANNOUNCES-LETTER-OF-INTENT-FOR-EXCLUSIVE-LICENSING-AGREEMENT-FOR-PATENTED-NITRIC-OXIDE-FORMULATION?id=441446

I do not believe the transaction was legally completed last year even though both ENZC and SAGA state otherwise. I have no idea how a SPAC that was required to be disbursed last year thinks they are going to trade in any market. I do agree that they do not state ownership of SAGA on Page 22 and 23 . I'm looking at the Current Assets where they claim to own $360 million worth of SAGA shares.

Those that are currently running the show are delusional.