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God_Father

02/24/21 5:12 PM

#81072 RE: art35 #81065

Art -

Lets say Gilead acquires the controlling block of ENZC, essentially buying them out. Why couldn't we a non-wholly owned, publicly traded subsidiary to them? Public companies do it all the time.

We would still continue being publicly traded as the Commons isn't what's bought out. And it should explain the discrepancy that the company is not diluting and extinguishing debt, while also seeking to go OTCQB.

Shareholders still own shares. Not sure if anything changes, but maybe you have an idea?

gypsy7

02/24/21 8:22 PM

#81125 RE: art35 #81065

Definitely praying for a strong partnership for ENZC. Unless the team is just overwhelmed at this point, I would love to see them continue to nurture their baby. But I think its just getting good for them so I'd imagine they are re-energized about all of it.

I'd say most business founders/owners stick it out at least 40 years when they have something very special. There is a point where it's time to move on but not until they are very happy with who they are passing their business on to.