Replies to post #144719 on Enzolytics Inc (ENZC)

[Dyno89]

Unfortunately, once again it bears repeating for those looking for factual, verifiable, accurate ENZC information:

Below is how dilution REALLY works, linked and validated by the most reputable investing source there is, Investopedia.
https://www.investopedia.com/terms/d/dilution.asp

“What Is Dilution?
Dilution occurs when a company issues new shares that result in a decrease in existing stockholders' ownership percentage of that company. “

“When the number of shares outstanding increases, each existing stockholder owns a smaller, or diluted, percentage of the company, making each share less valuable.”

Focus on the following: “Shares outstanding” Just as their experts confirm, a growing o/s indicates dilution. NOT float. This cannot be debated. If float was the sign of dilution, Investipedia would have said that. But they didn’t because it’s simply false.

If anyone wants to dispute the experts at Investipedia, please provide a more reputable known investing source with a valid clickable link here, showing dilution equals a growing float instead of a increased o/s.

Bottom line: Float is irrelevant for discussing dilution. There is only one thing an investor needs to look for to see if a company is diluting shares. If there is dilution, there would be a rise in outstanding shares.

Now that we have confirmed that dilution would equal a growing outstanding share count, here is another official, reputable link to 100% debunk any dilution claims. The link is to OTCmarkets officially updated ENZC share structure page, which shows that since September 2020, there has been NO change to ENZC’s outstanding shares.

https://www.otcmarkets.com/stock/ENZC/security

This is yet another example of zero dilution that cannot be disputed.

In summary, float alone does not equal dilution. Float is not relevant when discussing dilution, bc the first sign of any dilution will be an increased o/s. If there is not an increasing o/s count, there is simply not dilution regardless of what the float is doing. This is proven as fact by the above Investipedia link. There is not a more reputable source folks.

ENZC’s outstanding shares have not increased once since September 2020 and the time of the merger.

In addition to the proof above, the company also just updated share structure information in their official filing disclosures to debunk these false claims and reiterate to investors that there has been no outstanding share change since 2020 and zero dilution.

All the above information is beyond what is necessary to show proof of no ENZC dilution that cannot be debated. But as long as false claims about dilution go on, then so must these rebuttals.

Why do I keep mentioning September 2020 as a starting point of reference for these topics? That is when Enzolytics and Bioclenetics announced the two company’s merger. That is the starting date of the “new” ENZC with new direction and new management in place. So, when discussing the ENZC share price, float, share structure, etc, the ONLY relevant timeframe in full from starting point to present day is September 2020 through March 2022. This cannot be debated. That is the full, relevant timeframe to sample, as that is the date of the ENZC / Bioclenetics LOI for merger to current, present day. So, the only relevant complete timeframe to discuss, in full and not cherry picking snippets, is September 2020 through present day. Cherry picking anything less than the full timeline from start to current day would be completely inaccurate. This full ENZC timeline will be relevant in the next example.

Notice with all the false dilution claims, there are no reputable, verifiable sources linked. There is also only a screenshot that shows float numbers. Now. Take a closer look at the dates. ALL dates are prior to October 2020, the first full month since the merger announcement the end of September. Yep, all float information provided in the false dilution claims are prior to the merger. This was already explained partly due to previous operations debt conversions. Some of those continued after the merger as well, but are NOT dilution. That is why the company released information this week verifying that there was no dilution of any kind after September 2020. They used October 2020 as it was the first full month following the merger announcement, but since the merger LOI was announced during September 2020, I am using that date as the starting point for any discussions on share structure and share price. This has been explained numerous times here, but the float numbers continue to be incorrectly explained as dilution. That is simply false as I have proven above.

Again, the only relevant timeline is September 2020 through present day, March 2022.

The claim of a growing float equaling a "declining share price" is also completely 100% debunked. Sure, the float increases as the company grows, but a growing float has never equated to a “declining share price” as the claim states. Proof of this:

ENZC share price September 2020 : .0004

ENZC share price March 18, 2022 : .082

Sure doesn't look like a declining share price, does it?

The truth is clearly 1,000's of % rise in share price.

Summary. Indisputable, linked proof of zero ENZC dilution. Indisputable, linked proof of massive share price rise from LOI / merger to present day. The end.

[Dyno89]

The attached screenshot claiming it’s “dilution” has been debunked.

Look at the dates. All September 30, 2020 or prior. All before the announced merger LOI in September 2020 and finalized December 2020.

The shares you are incorrectly showing as “dilution” were already part of the share structure. They were prior debt settlement shares which have already sold long ago into the open market.

These shares never added to the authorized or outstanding share count structure of ENZC because they were ALREADY included in those share atucture numbers. So, when sold into the open market, they are NOT dilution.

Dilution is when a company ADDS shares to their share structure. Dilution will show a rising outstanding share count which has not happened here.

Bottom line, these screenshot of float prior to October 2020 are irrelevant and have already been explained and debunked.