Enzolytics Inc (ENZC)

[pumper_stumper]

1 year ago docsetc: Terry starts looking into the lawsuit, but actually lists the reasons it will never happen. Of course in coming weeks, he then goes on to act as if those reasons somehow no longer applied! Yet another example why there are few in this world as entertaining as Terry!

Don't pin the hopes on me Swampy. I'll continue to do my best, but the catch is this: There are small-cap class-action attorneys in every state. One of them will take the case, but only if they see enough cash on-hand to cover the DD, research, plaintiff's complaint draft(s) and a court filing, plus the first hearing's expenses in escrow somewhere for their payment.

You'll have to be a wizard to find a small cap attorney who will bother to pursue an OTC:PINK company that could bankrupt itself at a moment's notice on a contingency basis. The odds of that lawyer getting paid drop to less than 5% in that scenario, and what smart attorney takes on that kind of case? NO ONE, unless that attorney themselves were an ENZC investor. Personally and legitimately involved, that one attorney may take the case on a contingency.

You'd also want the case filed in Texas, where all existing assets and principals still sit legally. This avoids, if you win the case, the automatic appeal citing different state laws and statutes. This cuts down where you can search for an attorney willing to do this.

So, when many rightfully disgruntled investors cry out for a legal action, this is the stumbling block. Someone managing the fund for the attorney fees, needs to help nab an attorney for the case. I've not managed a crowd-funded or go-fund-me online campaign before, it's not my subject-matter-expertise. I know how to set one up, but not administer it legally for donor expectations. This and the fact that I still work full-time plus, taking breaks to come back here and check up on things. I'm simply not the best choice to do this. (**this is a rare time that Terry is right! lol**) If no one better shows up, I'll see what I can do if Adnexus comes up empty for us. That's the best I can promise.

GLTA