By the examples they gave which they stressed was examples we would get a ration based of ( x ) amount of ENZC shares held by each investor. The investor would still have his current amount of ENZC shares along with the SAGA shares that fit the ratio. They used 45m but we have since seen that number drop to 36 or 35m can't recall off the top of my head. So it makes you wonder what else they are planning. The major thing is that SAGA has the 450m in escrow to support the valuation of 10 a share. If not what is going to prop it up? It wont be the value of the two companies or we would be atleast valued at 450m giving us a current share price of .14+ if you use 3.1b as share factor. If they can break the 2 companies out of Enzolytics that easy , why don't they just setup to do an IPO for both companies and award the same ratio of shares to current shareholders that SAGA deal would bring? Basically it would be like all of us were invested in 2 private companies and then we go public by way of IPO. If the info we have been told about the results of the past and the technology they are creating I think institutional investors and BP would love to be able to buy into an IPO if everything is like they claim. IMO GLTA
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