Replies to post #197615 on Enzolytics Inc (ENZC)

[NattyWhite]

Here is an old Immunotech Laboratories Inc 10K from 2009 with Felizian Paul mentioned. It appears he is an old business associate with involvement as a director of Immunotech Laboratories Inc.


http://getfilings.com/sec-filings/110105/Immunotech-Laboratories-Inc_10-K/


NOTE 11 – MERGER AND ACQUISITION
Acquisitions
On December 12, 2008 International Technology Systems, Inc. merged with Immunotech Laboratories, Inc. The terms of the merger consisted of the transfer of 40,000,000 common shares of International Technology Systems, Inc. formerly held by the Board of Directors (Alie Chang and Felizian Paul) to the nominees of Immunotech Laboratories, Inc., specifically to Harry Ahabilov, Ara Ghanime, Solidere Holdings, LLC, Lord George Equities, LLC, La Meridien Investment Group, LLC, Dubai Securities Investments, LLC, Milan Investment Group, LLC, Diamond Investment, LLC, and BRA Investment Group, LLC.

Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On December 15, 2008 Alie Chang, the President of the Issuer, along with Felizian Paul, Director resigned from the Board of Directors of the Issuers. In place of Alie Chang, Ara Ghanime was elected President of the Issuer and Harry Zhabilov was elected Secretary.


Read more: http://getfilings.com/sec-filings/110105/Immunotech-Laboratories-Inc_10-K/#ixzz8YYfh4fH2

[Valuator2]

I asked the same question when I found a similar name in a subsequent event footnote (Page FS-8) in Notes "For the Periods Ending June 30, 2023 and 2022" attached behind the September 2023 fins attached to the ENZC 3Q Report. I couldn't find anything on him at the time, but now it appears his name may be Felizian Paul, and I did find something on a person with that name, but it appears to be old info. Thanks to Natty White's post, the IMMB 10K he referenced shows that Paul was a director, and his wife Alie Chang was CEO, of a company back in 2008 that merged with IMMB. International Technology Systems, Inc, which ties to the info on Paul in the link below. They both resigned from ITSI with the merger. Don't know why he's in ENZC now, but the old link indicates he has (or had at the time) Chinese connections. FWIW, decide the value, if any, of this information for yourself. I have no opinion at this point.
http://www.walkersresearch.com/profilePages/Show_Executive_Title/Executiveprofile/F/Felizian__Paul_100001732.html

It is peculiar that only Harry's Trust's 7,200,000 Preferred A's are recognized in the insiders' share disclosure in the 2023 Annual Report, but he is clearly mentioned in the Supplement filed.
https://www.otcmarkets.com/otcapi/company/financial-report/398927/content
https://www.otcmarkets.com/otcapi/company/financial-report/387028/content

On September 15, 2023, Enzolytics, Inc. executed and closed the Business Combination Agreement with
Sagaliam Acquisition Corp. (NASDAQ: SAGA) for the sale of the Company’s two operating subsidiaries
Virogentics, Inc. (“VIRO”) and Biogenysis, Inc. (“BGEN”) in a stock purchase transaction valued at $450
million paid in the form or 45 million shares of SAGA. The agreement also provides for a monthly
Administration fee of $30,000.00 for use in regulatory filings and legal matters. As part of the business
combination of Bioclonetics, Inc. and Enzolytics, Inc., the controlling shareholders of Enzolytics, Charles
Cotropia, Joseph Cotropia, Dr. Gurav Chandra and Zhabiov Trust, surrendered 46,800,000 shares of their
combined Series A Preferred Stock (11,700,000 shares each), which represented Enzolytics control block, to
facilitate the SAGA transaction resulting in a change in the majority ownership control in Enzolytics. The
former controlling shareholders retained their officer’s and board member positions. An amendment to the
designation of the Series A Preferred was also approved by the Board as part of the SAGA transaction where
the remaining 13,200,000 Series Preferred shares will be eligible for conversion at a rate of 10 Common
Shares for 1 Series A Preferred share once the designation has been filed and approved by the Delaware
Secretary of State. The current holders and controlling shareholders of Enzolytics, Inc are Zhabilov Trust,
owner of 7,200,000 Series A Preferred shares, and Phil Phelizian, owner of 6,000,000 Series A Preferred
shares. The intention of Enzoytics board is to dividend the SAGA shares received in payment for the operating
subsidiaries to the holders of the equity on a fully diluted basis once the dividend has been approved by the
regulatory authorities. Enzolytics is also anticipating implementing a new business strategy which may include
the acquisition of vetted targets.

[StocktonCA]

Felizian Paul Biography :

Mr. Felizian Paul with his wife Alie Chang are the founders of "International Telecommunications, Inc." and its subsidiary "EarthNet Telecom, Inc." trading on the OTCBB NASDAQ under the symbol: ITS.

Mr. Paul, with more than 25 years of corporate and entrepreneurial experience, has developed and nurtured a wide network of business, professional and interpersonal relationships in Europe, China and the United States.

In recent years, he has endeavored to provide a gateway for international businesses to enter markets in China and to aid in establishing their presence there, as well as to assist companies from China to trade internationally.

Mr. Paul's diverse roles in corporate, private and community based sectors provided him skills as an entrepreneur in multi¨Ccultural deals. He was instrumental in creating new opportunities between US and China.

For the past decades, Mr. Paul also has served as Chief Executive Officer of Pac Pacific Group Int'l Inc. His entrepreneurial endeavors, business acumen and strong engineering background motivated him to form his own successful real estate development and general construction company. This company has constructed more than one million square feet of industrial complexes, resort developments, large-scale residential developments and high end custom homes. He has served as consultant to large real estate developments in Europe and has built strong relationships with the European and Asian business communities.

Through Mr. Paul's leadership, Pac Pacific Group Int'l Inc. brought National Geographic Television programs to China. As result, today NGTV is a well known brand in China and now has established its own cable channel there. Together with his wife Alie Chang, Mr. Paul produces and distributes lifestyle and home improvement / interior design television programs for China, thus enabling U.S. companies to merchandise consumer products via product placement and also leading TV viewers to their e-commerce site.

In1990's, Mr. Paul served on the Board of Directors of the Building Industry Association of Los Angeles and has served on the Board of BIA, State of California. These organizations are affiliated with the National Association of Home Builders (NAHB), the single largest association in the US.

Mr. Paul's companies have been publicly commended by the State of California as well as Mayor of the City of Los Angeles for their outstanding achievements and contributions to the economy of the City of Los Angles as well as the State of California.

In 2001, Mr. Paul and his company brought more than 70 U.S. companies to participate in Shanghai Expo. In 2003, Mr. Paul also successfully organized over 25 US companies to participate at the "Beijing Procurement Expo for the Olympics". These two events won them high recognition NAHB and the U.S. Department of Commerce.

Among other community and social organizations, Mr. Paul is on the Advisory board of China Affairs to the Pacific Rim Chamber of Commerce.

After the Katrina disaster, Mr. Paul was recently appointed to be on the Advisory Board of the ECA (Enterprise Communication Association), on Disaster Preparedness.

 

Felizian Paul Colleagues :

Name Title Email

Willy Chang

Dir. - Marketing, Shanghai Office, China Please login

Alie Chang

Dir., CEO, Pres. Please login

John Callaci

Dir., CTO, Chief Scientist Please login

Klaus Hilgers

Dir., Business Management Please login

Hou Haibin

[archilles]

see Valuator2 's post number 197524

[BonnieMac]

Thanks, Timing, for bringing this to our attention! ABSOLUTELY WEIRD!!! VERY disconcerting!