Viskase Holdings Inc (ENZN)

[dinogreeves]

I think it will be energy related, that's my personal opinion, all I know is this shell has 45 million dollars in the coffers, it should at least be 45 million dollars, will it get there in due time, all depends on the insiders, if they feel their shell is undervalued based on the cash alone, they will buy, this ticker needs to be above 10 cents for 30 days straight to not lose their tier status, so that means, no reverse split in sight. Also the puzzling thing for me is why change the dates on the annuals, if there was nothing in the works, probably the merger candidate requested for the changes because it coincides with theirs, the interesting part is NOL's, but I am not sure if a different sector privately held company can use the NOL's, my understanding is, in order to use the NOL's the private entity has to be in the same sector as ENZN was (Biotech). The current CEO is definitely not in the sector, but my guess is energy, it is more aligned with Icahn enterprises, but again who know what the plan is. The puzzling part for me is, he is 91 years of age, what is the motivation where does he take it from here.