Enzolytics Inc (ENZC)

[Valuator2]

Agreed about the $20K fee SAGA put up in the NASDAQ case. I thought you were referring to the GLD case.
You asked:

If SAGA only had $19 in cash, who put up the $20,000 and why?

JMHO, they got it from the cash belonging to the 2 ENZC subs at the time of the alleged sale on 9/15/2023 according to the BCA, which is the reason I said in an earlier post that the cash, or access to it, is a possible issue between CCC and Harry.
https://www.sec.gov/Archives/edgar/data/1855351/000149315224009117/form10-q.htm#mj_001
From the SAGA 3Q 2023 Page 5, Statement of Cash Flow:

Cash Acquired in Acquisition 537,443

However, the cash reported as owned by ENZC at 9/30/2023 MAY be the same cash. IF SO, that COULD indicate either a mistake or a reporting hedge reflecting the lack of confidence the BCA was completed on 9/15/2023 or shortly thereafter. JMHO. Page FS1 of the Fins;
https://www.otcmarkets.com/otcapi/company/financial-report/387028/content

Current assets:
Cash and cash equivalents $ 559,554

Where did ENZC get that money?
From Statement of Cash Flows, Page FS4:

Cash flows from financing activities

Proceeds received from the issuances of notes payable from investors 559,587 -

Here's a likely source. From ENZC 3Q Fins, Note 4, bottom of Page FS14:

On May 12, 2023 and May 15, 2023, two investors loaned $125,055 each at 10% interest due May 12, 2024
and May 15, 2024 and June 15, 2024 to fund BioGenysis, Inc. and Virogentics, Inc.
On June 28, 2023, two investors loaned $375,000 each at 10% interest due June 28, 2024 and June 28, 2024
to fund BioGenysis, Inc. and Virogentics, Inc

Additional Note on Page FS12 re the above investor loans:

Convertible promissory note, due May 12, 2024, interest at 10% per anum, unsecured Convertible 125,055
promissory note, due May 15, 2024, interest at 10% per anum. Unsecured 125,055
Convertible promissory note, due June 28, 2024, interest at 10% per anum, unsecured 375,000
Convertible promissory note, due June 28, 2024, interest at 10% per anum. unsecured 375,000