Replies to post #160938 on Enzolytics Inc (ENZC)

[MAGA_PATRIOT]

foxi - That's a good point about the 115M. There seems to be quite a bit that just doesn't make any sense, as we're missing pieces to the puzzle, and as long as we are still waiting on the audit (ENZC not yet officially SEC Fully Reporting), they can avoid disclosing certain things.

Now, if your #2 is correct, we wouldn't see that until Q3 filings.

With #1 in your post, also makes me wonder if there is some way that the Zhabilov trust was sold for this purpose?

I will say this, it seems that "Something" is going on that they don't want disclosed yet and/or cannot disclose yet.

[Timing101]

Foxi .. and all a lot of questions.
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However when you read the disclosure THE AGREEMENT was back in 2018. The 8.22 disclosure brought up as of MARCH 21, 2020 (note that 2020) . there was around 447 Million converted of the total AGREEMENT of 563 million. So that tells one that from THE AGREEMENT until that time a chunk was converted from debt to Common Shares . (the key here is you do not know when they were SOLD, just converted, which leads to all this speculation).
https://www.otcmarkets.com/otcapi/company/financial-report/344142/content
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Then Two Weeks later another updated Q Disclosure and then it states (changed on purpose) as of Sept 7, 2022 (the Disclosure was only through June, so this is HUGE that the later date was put on) the entire total of 563 million had now been converted which left the difference . Now you know it was "converted" from Debt per THE AGREEMENT to shares , but one does not know when, if they were, or are being SOLD. ( all indications of sell volume (they came from somewhere) is that is the case. IT will End and I just used some Math , Sell Volume AVG since the 9/7 date and came up with the 'prediction". I think it will be pretty close as at the start of each Day , there is an immediate sell off of about 2 million shares in some format . That is NOT RETAIL, That is an order to MM to sell at this XX range and it will continue until that difference is gone.
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a. So were there new issuances , NO. The AGREEMENT was back in 2018.
b. Has the negotiations been on going with past debt since Charles and Team took over in October of 2020, yes indeed over the past two years.
c. My read is that since the 9.14 PR was very clear of Legal items being taken care or in favor of the company (that was about shares) , The Accounting firm that came on in July finalizing items and this latest collaboration announced is related to what the DISCLOSURE A DAY LATER showed in the Change
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I am standing by Charles and team have done many things cleaning up this ticker and past history in less than two years that took TWO DECADES of past who knows what and addressed it all. I give them credit for that , that type of determination (they could have walked away) shows me that the time has come as there is truly very little if any Legal , clean up , past history that has not been disclosed, and Months of Auditing for Record and Disclosure purposes. The Hiring of the Scientist in TX , just another item that says the Path is clear now to moving forward there. Take Note of the Job Description indicating Presenting the Results to other Parties, they have someone in mind and it is a TOP GUN who all will respect and follow.
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Lets see.