InvestorsHub Logo
icon url

MAGA_PATRIOT

07/12/23 11:00 AM

#181547 RE: foxi #181542

This was my conclusion as well... And as long OTCN, INTL, PUMA, & STXG continue to hold us under 05 with unlimited shares, it's gonna be an uphill battle. Not to mention that if somehow we get close to .10 again, VIRT will rejoin the party to drive it back down.

Anyway, I originally saw yesterday's filing as an enormous slap in the face to commons, but then took some deep breaths last night and started analyzing it in more detail, which is when all of that post came to mind. However, if SAGA somehow does hold the $10pps after the 45m shares are added, and ENZC OS doesn't increases to 5B as used in filing example, it wouldn't as bad as I originally thought. The calculations would then break out as follows:

1M ENZC Shares = 0.03321% (This is based on ENZC current OS, not the 5B used in their example)
45,000,000 x 0.003321 = 14,946 SAGA Shares
14,946 Saga Shares @ $10 = $149,460
1M ENZC Shares = $49,000
Gain of $100K+

That said, I still don't like it as much as what we were all led to believe was going to happen with ENZC (SEC Reporting, Uplist, Appreciate to true value, go to naz, etc...), but it wouldn't be as bad as I originally thought. However, it really depends on whether or not SAGA retains a $10pps after the 45M shares are added, and whether or not ENZC's OS stays the same. Why did they 5B in the example? Also, we still have no idea why they added those 900M shares, but if they start hitting us while we're down here, they'll eventually push us back into the 03's, 02' or lower... Hopefully that's the not the case and our OS stays the same, while SAGA retains a $10pps

The success of the scenario depends on the value Biogenysis and Virogentics can create in the meantime.

icon url

Catpole

07/12/23 11:49 AM

#181555 RE: foxi #181542

Foxi, since you have painted a very negative overview of what might happen with SAGA and ENZC after the six-month completion of dividend payout I would like for you to also give your projection with possible license agreements with SAGA assets that could amount to millions if not billions of dollars. Completed animal studies alone can be huge. Multiple studies are in line and with PIPE investors the funding will be available to move these in a very positive direction. I think it would be fair to calculate these very possible events.