No, ENZC management should have put out a PR letting everyone (general public and sharehlders) know what their plan was and set an execution schedule and dates so that shareholders can make a decision what to do. I can tell you this right now, No shareholders and the general public would allow officers of any company to take the IPs that were developed while they were employed under that company to go somewhere else and open up their own company.
That is stealing and robbing of shareholders as the value of the company gets diminished when the valueable IPs are taken away.
I suspect what have happened was agreed and planned out by the pact of four without putting out a PR prior to their plans and action.
News 
Market Data 
Discover 
