Replies to post #145331 on Enzolytics Inc (ENZC)

[Wisdom of Locke]

Perfectly normal (and exciting) drug development company.

Price is up 800 times from Summer of 2020.

Where is the problem? if it's an issue, report it to FINRA/SEC. But those who trash will not do that, because it's easy to make statements with no evidence.

Restricted shares are only 400+ million, of which 300+ million are held by officers and directors. Almost all other issued shares have aged and are free floating right now.

70 million of those restricted shares are the subject of the Savov litigation. In my opinion, the restrictions on those shares will NEVER be lifted. Using math, that means less than 100 million shares (less than 4%) are even available to mature and add to the float.

[Wisdom of Locke]

The shares falsely referred to as currently “diluting” were issued in 2019/2020 - as shown in the supplemental info. There was no dilution in 2020/2021 because of the disclosures that show increase in Outstanding Shares.

All the impact from any additional shares issued in 2019 and 2020 was realized at that time. That’s when the Livingston shares were clearly sold in the market, and they have clearly turned numerous times. The Livingston shares transferred at prices below $0.0145 and are in the public hands.

(And by the way, the price is up substantially AFTER those shares were clearly sold became unrestricted - up to $0.08.)

Livingston had a zero position in Enzc shares at 11-01-2020. Trace the conversions and the increase in trades on the historical data on trades.

The increase in float was normal and natural and followed SEC 114 guileless - from individuals that invested prior to 10/15/2020 and elected to remove the restrictions.

[Wisdom of Locke]

DEBUNKED!!! Livingston Shares and ENZC

Here is a repost of an analysis I did last week:

Some technical analysis of a particular set of transactions regarding Livingston.

Let’s look at the ENZC trading volume back in March of 2020:

https://finance.yahoo.com/quote/ENZC/history?period1=1582934400&period2=1584921600&interval=1d&filter=history&frequency=1d&includeAdjustedClose=true

Daily volume is shown in black. Certain dates, shown in blue, have virtually zero volume - Look at the two dates, one with zero (!) volume and the other with 300 shares at $0.0002 - a 6 cent trade - lololol.

THEN on March 12, 2020, Livingston is issued 114 million shares. The day earlier, March 11, 2020, the volume shoots up from virtually nothing to 155 million shares @ $0.0002 - $31,000 total, shown in red.

It's painfully clear that all the issuance of 114 million shares of stock to Livingston on March 12 was known and sold the previous day (March 11) for about $31,000. It is obvious that on this particular transaction, the shares issued were sold into the market, and remain in the public float to this day.

This pattern exists at every issuance of 3(a)10 shares to Livingston.

All upside in the shares was clearly realized by those retail investors who purchased the Livingston shares and sold later during one of the multiple turns of the float.
https://investorshub.advfn.com/uimage/uploads/2022/3/18/TPQGGVAUVTAMWVKZXBY.png