I hear ya Doc, but I personally think that us commons are screwed. The main value that we’ve been misled to hold (C3, AI, etc… now owned by BGEN), so we could see and our trading accounts would reflect it true value, is not going to remain under ENZC. I believe Charles will separate it from ENZC at all costs, even if it means selling for lousy $450M to an incompetent, shady, bottom of the barrel SPAC like SAGA.
Like I’ve been saying, I believe we have a legitimate class action. I believe that Charles knew he would be doing this way back when he created BGEN and VIRO, which is how he was able to talk those debt holders into not converting their ENZC shares. However, that didn’t stop him from telling us that ENZC would complete audit, go SEC reporting, uplist, and start BP partnerships and licensing for 2-3 years straight. Then one day drops the SAGA PR and sneaks in there that ENZC will continue on pinks with no assets or operations.
My point being that I very strongly believe that we were intentionally strung along to believe ENZC would be the crown jewel (C3, AI, etc… would remain under ENZC and we’d be audited, SEC reporting, uplist, see results, then partnerships and licensing deals), when all along he knew and planned on putting the valuable IP under BGEN, and planned on selling/separating it from ENZC. True stinky pinky CEO move.
Live and learn. I learned an enormous lesson on this one, but would love to take part in class action if there’s an attorney who take the lead….
Anyway, have a great rest of your Monday as we continue watching the pattern play out. RSI has plenty of padding, so we could see a new 52 week low today and/or this week. Guess we’ll see soon enough…
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