Replies to post #197279 on Enzolytics Inc (ENZC)

[Dyno89]

Are shares that are delisted and aren’t tradable on any exchange worth anything lol? And even if SAGA ends up on the otc, it’s going to be the same situation that some of us were leery about launch last year. They are going to be locked up shares, and by the time you’re able to sell yours, the company insiders who were handed out 22 mil each in SAGA shares as part of the deal, will have already been dumping theirs. Just like Harry’s been dumping his shares all along, he’s going to do the same with the stack of SAGA shares he got in the deal. And I’d suspect the rest of them will be dumping as well.

I also highly doubt that Clone 3 or the other valuable assets even stay under SAGA very long. That’s why Charles and Chandra have the new company. You’ll prob see the valuable assets, patents (if ever granted) and the ai eventually under some new shell. Or they’ll just keep them private and away from the stock market entirely.

[Dyno89]

Keep in mind those dividend shares were supposed to be $10 Nasdaq shares as well, and even then the majority of us thought that the dividend equivalent we were going to get was a slap in the face.

So if SAGA ends up the otc, what’s it going to trade at? No where in the same universe as $10 on the Nasdaq obviously. A penny? Trips even? If the $10 Nasdaq shares were considered by most to be a slap in the face to us long shareholders, what do you think the amount you’ll get out of them as dividend now would be worth? Maybe a hundred bucks. Maybe a grand best case if you had millions of ENZC shares.