Replies to post #132554 on Enzolytics Inc (ENZC)

[Wisdom of Locke]

Savov - more thoughts:

Looks to me like Savov has taken shares of ENZC he is not entitled to and ENZC is trying to get them back with their Delaware claim - protecting us shareholders.

And, they are pursuing criminal charges in Bulgaria

Savov claims to want 2 million Euros, but to my knowledge, there is no document that he invested anything. How do people justify believing self serving lies?

Where is the public filing reviewed by the OTC and other professionals? Where is the DD? Where are the breadcrumbs? If there was a study in Bulgaria on ITV-1, where is it published?

Looks to me like ENZC (and previously Harry and IMMB) are the victims. Why would a victim settle?

Charles and Harry have stood firm not caving to threats and attempts at extortion. There wil be no settlement in my opinion. ENZC and IMMB are all in. The only thing Savov can do is to interfere with the ENZC business plan and make comments scaring shareholders. No leverage.

[mineanddine]

Actually, he doesn't need to worry about Delaware, as the judge herself doubts her judicial authority in the matter. The injunctive effort failed, therefore allowing Savov's clan to transfer the shares - if they wish. Unless something has happened in the past few days that I don't know about, *legally* the shares are his for the taking and there's no current remedy to stop him from doing this.

I really don't think it's a big deal if he does get them - from the basis of the shares being gone. There are so many stinkin' shares outstanding that his alleged chunk is kinda insignificant in the grand scheme. What's far more toxic is that there's people of his ilk with the power to damage the company at the flick of a few keys. Of greater concern is that there's no telling how many Bulgarian sleeze-bag skeletons are out there - past and current, with potential to boil over in a similar, ongoing fashion.