Replies to post #198533 on Enzolytics Inc (ENZC)

[Valuator2]

I don't know if this is splitting hairs or not, but does that notation refer only to ENZC? It's possible that it's just part of their preplanned strategy that is being carried on by Harry, who BTW is also now devising a new business strategy for ENZC. (That was one thing we were all concerned about post the BCA...no assets, no strategy, right?)

Keep in mind that it was disclosed in the BCA that the CCC group had become officers of BGEN under the new structure, but they had also retained their positions with ENZC. Harry and Dianna became officers of and in operational control of VIRO. IMO, this was to be the end of joint control of ENZC and the start of structural autonomy between the 2 groups, ie, it was the first step toward splitting the sheets between CCC and Harry. Under SAGA, they would both operate independent of each other under a figurehead CEO of SAGA. JMHO.

Seeing that back in September, my thought was (JMHO) that it would only be a matter of time before CCC resigned from ENZC, leaving Harry in control of ENZC, essentially moving on and giving the company back to Harry. The CCC group would have full operational control of BGEN (within SAGA (or not?)) and Dianna (actually Harry) would have control of VIRO within SAGA. JMHO.

JMHO...Whether SAGA has actually survived or not, Harry is operating ENZC as though SAGA has survived and he's in control of ENZC. One additional indicator is the Novation Agreement presumably between all 3 parties, including SAGA, that took BGEN out of the SAGA deal and "returned" it to ENZC. So, that disclosure you posted claimed that the CCC group was "removed" from ENZC, but how about BGEN?

This is my speculation, and others may have different thoughts. Now that BGEN is a sub of ENZC again (reportedly) and Harry is controlling ENZC, maybe who controls ENZC, and consequently the BGEN IP, is what the fight is about and that may center on (1) whether the Series A Preferred shares owned by CCC are still theirs (which would give them control of ENZC) or are they legitimately in the ENZC treasury as reported by ENZC and (2) whether SAGA is still alive or is being propped up by Harry in order to maintain control of ENZC as long as the GLD lawsuit is active. If SAGA is not alive the Series A preferred should be restored to each of the parties. JMHO.

Any other thoughts out there?