Current market cap on Yahoo = $167million.
Market cap just prior to merger = $270,000
At it's peak, 2.7 billion outstanding shares @ $0.829 = $2.23 billion market cap.
Probably a bit overvalued. So, then: what is ENZC worth?
What matters to smart investors is the following: What is the likelihood of the IP (either ITV-1, the monoclonal antibodies, IPF Immune, the MS drug, the AI, etc.) somehow hitting and what would be the financial benefits of such a hit?
Frankly, if the IP is successful, the $2.23 billion is a bargain. If it is not, the $167 million is overpriced. But, it's very clear that discussions of minor problems / successes in IPF Immune, or minor changes in O/S or Float, or each individual tweet or PR just don't matter.
Everything else is just noise.