It most likely will be more favorable than ENZC is. There’s definitely potential for SAGA. The problems I have with this deal are strictly about early investors / 2020 longs in this deal getting the shaft. Like Maga said, this is essentially a reverse split without calling it one. And the worst part imo is that holding long got us no where. We basically reset to zero and start new with SAGA when this finalizes. And that’s not even for 6-8 months from now. And even then, we have to begin anew with SAGA 6-8 months from now and wait a full year after that until those shares then become long term tax shares like our ENZC currently are.
This deal can be beneficial to some, but it’s not for original 2020 longs. We got screwed.
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