They won't call it a RS. My point was that I personally, view this SAGA deal, as an RS for us commons. I know others disagree and that's ok, but I say this because the overwhelming majority of our value is in BGEN (Clone 3 & AI), and the remaining value in VIRO. Both are being sold to SAGA for $450M, leaving ENZC with only Robustomed and the lawsuits. In return, us commons will end up with roughly with a qty of SAGA shares that is roughly 1/100th of the qty of ENZC Shares we hold. Yes, they'll be valued higher, as is the case with a reverse split. The difference here is that we're still keeping our ENZC shares, but with no assets or operations, how long do we think it will take post-deal, for ENZC shares to drop back down to trips? I view it as a RS disguised as something else.
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