Replies to post #146598 on Enzolytics Inc (ENZC)

[pumper_stumper]

You don't because your "transparent" company refuses to publish the terms of the several preferred classes because they want to hide it from shareholders. They are betting that their shareholders wont be on the ball enough to see this as a red flag, and will be afraid to ask. So far, they are 100% correct!

For one class of Preferred, Foxi has found the one single conversion in a prior financial report. So, by accident that one was disclosed.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168313089

This ALONE would mean a doubling of outstanding common shares!! And, that doesn't tell us about the other classes. I say again, this, from a damn company that can insult our intelligence and say they are "transparent"??? Sick!

And, no they aren't probably going to be converted today or next month... but they will at some point! Of course the company won't disclose the conversion rules and dates. That's what garbage pink sheets do!

There is no doubt that there are hundreds of millions of shares in dilution coming from preferred conversions! What is the alternative? They are there for nothing? There is no market for them, they only have value if they are converted!