$7M
Market Cap at the beginning of the day. Has a 20% stake in a defense division of large Turkish group and have acquired several patents said to be valued at
$1B
(BakerTilly). Patents include pharmaceutical products, EV battery tech, wireless police taser tech, and other Fintech disruptive tech. Look to be doing business out of their joint venture with that Turkish company, new company Wattoz formed 2020 that they’re trying to list on the NASDAQ ( WTTZ) and ENKS is said to have 51% ultimate ownership.
Waiting on some audited financials. 15M float. Unaudited financials seem solid compared to the beginning market cap - revenues of
$65M
with 20% margin; current assets are
$88M
with a current ratio a little below a 2 (current liabilities being mostly deferred revenues of $43.5M); and relatively low debt levels at $8.3M.