Enzolytics Inc (PK) (ENZC) News

Doc do we need to hold to get in the class action or can we sell and still get in? thanks

When it dips now, ENZC gets down to .00158 before some clown buys it back up to .0018. Whomever is holding this stock up, is just delaying the inevitable drop to about .0001 where activity will cease, maybe before the SEC locks them down officially.

Only the folks silly enough to still be buying these shares. Zhabilov or Sharabura are putting these wild fictions up, so after the SEC shuts their trading down, you can probably expect a PR out of them claiming the 'Virtuous Harry Zhabilov is taking this sham of a case into an Appeals court" which of course he never will, he'll be on a shady cargo flight to Bulgaria to go hide in the hills, Savov waiting for him with a hit squad on the other side of the pond.

GLTY

Let's wait and see if we have to launch the website first. This week will tell.

GLTY

thanks Doc for all your efforts. do you want everyone signed up at this point? I have friends and family that hold shares and have told them to hold on to their shares for Now.

Are us shareholders paying for all these PR's? Lol

BUT, but, Harry's selling ITV-1 Materials to the Angeloff Institute in Bulgaria for curing cancer and specifically melanoma now... Surely those must be reprints with type-o's !!

And yes, I'm calling Harry (fat) Shirley!

Gotta' laugh at this latest one Timing. They do that at least twice per month now, usually something like, " this harsh and misleading information is such a travesty...!"
Yeah, tell me to cease and desist, if you dare.

GLTA

Gotta' laugh at this latest one Timing. They do that at least twice per month now, usually something like, " this harsh and misleading information is such a travesty...!"
Yeah, tell me to cease and desist, if you dare.

GLTA

I stand corrected thanks. Was not thinking of that one, and it was settled after going to court. Hmmm.... I have 5 other case notes on my desk here, where it was all screaming about shares and cash being not being returned. What a way to run a company Charles...!!

Maybe they will be ready to settle our case, does not really cost them anything.

Yes, we're awaiting the receipt, if not in by Wednesday, I'll start tracking.

Funny how they are still listing SAGA as the parent company of Virogenics, and hence the owner of ITV-1, when SAGA is a delisted company. LMFAO. They keep claiming the business combination went through, but SAGA was delisted and we were never issued the shares we were PROMISED in writing, along with a "make whole" promise in case SAGA share value tanked immediately. These people are so out of touch it's hilarious at this point.

So to summarize: ENZC claims to have been sold to SAGA, a delisted company, which now owns the ITV-1 patent and the IPF patent. Meanwhile, the Coptropias and Chandra have bailed to start Adnexus with Clone 3 and the A.I. tech. So what is left at ENZC? Absolutely nothing. They have both bailed on a publicly traded company and taken intellectual property with them in violation of law and fiduciary responsibility to the shareholders. This is beyond fu#ked at this point.

To keep the record straight:

The GLD vs SAGA case in my opinion does not appear to be a lousy claim just looking to get more shares or more cash. To me it appears they have a legitimate complaint and just want their cash returned to them. This wasn't caused by one of Harry's past dealings. The CCC team was a part of ENZC when this deal was being done.
https://www.courtlistener.com/docket/67985445/gld-partners-lp-v-sagaliam-acquisition-corp/

At least one case was settled.
PLEASE TAKE NOTICE THAT Plaintiff Ellie Sakayan and Defendants
Harry Zabilov and Immunotech Laboratories, Inc. have reached an agreement to
resolve this action in principle, subject to the drafting of an agreeable settlement
agreement.
https://www.courtlistener.com/docket/65352442/elie-sakayan-v-harry-zabilov/

$ENZC Really , Can there be "Any More Drama" here. Unbelievable. Here Harry Z , Kelli A, Barry K and others are being investigated by the SEC and yet they put out a News PR on Savov today . OMG where will it END!!!
see here
https://otcmarkets.com/stock/ENZC/news/Enzolytics-Inc-Response-to-Competitors-Continuing-False-and-Misleading-Statements-Regarding-Zhabilov-Trust-Patents-State?id=455612

If you have a certified mail letter, don’t they give you a tracking number to check if the letter was delivered?

Just FYI As of this morning, 10/14/2024, the certified mail receipts have not come back from Chandra or the Cotropias. USPS says this is common for Certified Mail receipts, as some post offices enroute, tend to leave them for later duties in sending them on back to the issuer (us). I was advised this morning to wait until mail-delivery on this coming Thursday, before I get the mail receipts back or an "addressee refused delivery" notice back in the mailbox.

So, setting this coming Thursday as the execution time for the next step in the process.

GLTA

You’re absolutely right and the outcome will reveal what Charles, and his team are truly about. Hopefully, it’ll turn this situation into a positive for us ENZC shareholders.

Me too. But, I have to keep in mind, that Charles and Harry have lived in and out of court for Harry's past and some bad ENZC decisions over 5 years or so. CC may have thickened his hide and sticks to the shadows until another law firm gets him into a hearing. Then I bet he's very talkative.

Over and over, nitwits from Harry's past sued him and/or all of ENZC over lousy claims just looking to get more cash or shares. Charles coordinating defenses and legal maneuvers. All of those cases hit court, none were settled.

Our case has serious merit, but what happens next depends on the overall character of CCC, so this will either deny or confirm a lot of folks' feelings about them.

GLTY

Thank you, Doc! I believe taking the high road and offering a reasonable way out is the right first step. We as shareholders need answers. Anyways we appreciate the effort you’re making to resolve this responsibly. Hopefully, they recognize the value in addressing the situation before it escalates further.

Yeah, I was amazed at how long it took for Theranos and their financial backers, which included Yahoo, to kick her to the curb. The evidence of downside was everywhere from day 1. (Kinda' like Harry Z.)

Chandra exhibits some of the same bad habits and business decisions that Harry did. He "might" just be an AI genius and medical applications expert, but his business acumen, professional interaction and his unwillingness to get his hands dirty with some honest work, bother the hell out of me. A lot of us gave him a second chance, but now he's bucking for "3 strikes and you're out!"

Anyway, if Charles accepted and read the letter, he knows he has a nice way out of this, one that should help Andexus launch far larger than what they could do alone, without the deal we're offering. Even sadder, they may not be smart enough to even consider that option.

GLTY

Very possible Jack, and I can see that being Charles' response too, but I hope he's smart enough to not go that route. Chandra, I can see him running to his back-office room when the mailman walked in his office door with the certified mail signing pad.

If they don't want to talk to us, they can talk to their financiers when their investment money gets into an 'at-risk' situation, because if they do ignore us, I can promise you when their financiers get a copy of the complaints and a proposed hearing date, they'll wonder why their investment partner didn't warn them about it in advance or what obligations their wonderful IP's came into Adnexus under.

GLTY

As much as I'd like to land some screws to them, we did offer a gentlemen's way out, that should not cost them anything, but they have to discuss it with us first to review the details of it. If silent and evasive arrogance is all we get, the case moves forward, the website launches, and the full exposure on Adnexus Biotech becomes a mess.
100 aligned pumpers would be needed to just balance out 5 decent, honest folks' legal complaints about Adnexus/CBDW hitting the website and reposted all over social media. It's an honest, legitimate poison pill they may have to swallow if they don't deal with us responsibly. PS: we're still reading up to 1000 very upset people wanting to participate with this, maybe more.

GLTA

I still think, whether they receive the letters or not, that they are going to go the "ignore" route. They are going to go silent about the whole thing. I would be shocked if we see any kind of response from any of the C's.

No problem dog, this week we're looking for their return mail receipts on the legal notices we sent to them. If we don't have them by Wednesday, the website for the lawsuit will go through final construction and launch for the class-action sign up. I also have to contact the attorney's reviewing the case and get their latest recommendation.

It's possible Chandra and Cotropia chose to refuse delivery of the letters, but we won't know for a couple more days. If that's the case, we'll let the official 'Notice of Intent to Sue' be delivered by the attorney who gets assigned to the case. If anyone else wants their attorney on the case, we can always work them in too.

GLTA

I as well have been incommunicado for the weekend.
You're the men Docs. Thanks again

Thank you my friend..Your DD is amazing as always. Sorry for the late reply..I have been away.

Time to put the screws to 'em. They all deserve it, in my opinion. CCC may have not been the ones doing the illegal moves, but they were complicit in the way they let it go on for so long, and continued to deceive investors, and now are trying to abscond with the valuable I.P.s when they represented them to be a part of ENZC. I honestly have no compassion for them at all.

HAHAHA... Congrats on your Win... I have always pictured Elizabeth as a Kelly Bundy type... "I know something happens every time I make the water go down that chair in the little room that Dad spends a lot of time in, but when I hold one of those soft White squishy things that people throw at our House to my ear, it doesn't tell me anything"...

Thanks for the legal info Doc...

Thanks for the info docsetc. Appreciated

I did ask the SEC if transfer agents are bonded,they stated they did not know the answer. We cant thank you enough doc !!!!!

In our case, just FYI, I am allowed to mention that 'aiding and abetting' even by negligence, intentional or accidental, is mentioned several times in the charges we're pressing the defrauded shareholders case against CCC and Harry Z.

GLTY

LOL, you never know. Holmes was known as a mindless idiot fraud when Yahoo first bragged about her ascension to top-dawg spot at Theranos. I bet my friends on that, what about 7 years ago now, that she'd come crashing down. We all just had a dinner and drinks at a nice steakhouse over that one 3 weeks ago. I finally collected my free dinner and drinks.

We have a similar bet going on now about how some Apple higher ups will be getting demoted by end of 2026. Collecting on these bets can take some time.

Charles has some possible 'outs' if we get to take him to trial. So, the lawyers currently reviewing the case are going over those with a fine-toothed comb, in telling us whether or not they or another class-action firm would take the case. But we would get a hearing and probably win that, to go to trial, they are telling me. They said the probable cause, standing and a little gray area about some legal mandates in a case like this, leave it wide open for a judge not to deny a motion to go to trial.
And there's a lot of pressure that would be dumped hard upon CCC and Adnexus/CBDW as a whole, not to mention GHS Investments, if this goes to trial. It could cost them their new partner and that partner's stake money.
We'll see.

CC might consider himself Bulletproof against lawsuits, but I don't think he would be so brave in the face of Prison... The only difference between him and Elizabeth Holmes for example is that was a famous case. The outright investment fraud he committed would make him famous fast, and then he could go join Elizabeth in Prison in Bryan!

He's probably driven past the place 500 times..

GLTA

AI Overview
Learn more
…
Yes, a transfer agent can be held liable for illegally transferring stock:
U.C.C.
Transfer agents are legally required to act in good faith and due diligence when processing transfer requests. They are also liable to shareholders for the same functions as the issuer.
FDIC
Transfer agents can incur losses if they don't comply with laws and regulations, or if they don't operate safely and efficiently.
General liability
Transfer agents are generally held liable for improperly transferring certificates. They must ensure that transfers are valid and proper.
Aiding and abetting
A transfer agent could be considered an aider and abettor of an unregistered distribution of securities.
A transfer agent can also face liability if they reject a request for insufficient documentation.

Sorry, not sure why some of my posts duplicate. May have a sticky keyboard here.

Not completely sure, but I did see some 'Tormont' talk on the GHS Investments Partners website, ,so probably so. CBDW's parent, SinglePoint, is also a GHS funded startup from a few years back. As are some key other players in the GHS portfolio.

Not completely sure, but I did see some 'Tormont' talk on the GHS Investments Partners website, ,so probably so. CBDW's parent, SinglePoint, is also a GHS funded startup from a few years back. As are some key other players in the GHS portfolio.

This GHS?!?!

Hey Dog, here's the breakdown you asked for.
It was pretty disappointing. I saw a couple of pumpers on Twitter talking about a 'few nuggets' in the short call, and I refute that with simple facts.

1) Lambrecht & Co refused to give even a hint of what percentage of Adnexus Biotech would be owned by CBDW, or how much would be invested in the ex-ENZC operation under CCC. He claimed, only at the time of closing and making the investment official, would any such details about their 'significant stake' be revealed to the public.
2) He suggested, anyone who wants involvement in Adnexus "probably needs to buy CBDW stock now".
3) He said he does not know if Adnexus Biotech plans to go public, "go ask them" was his response. Now, anyone who knows an LOI for large investment capital funding, knows full well, the funding party knows all of the plans for future and especially near-future financial plans of the target they are acquiring a 'significant stake in." This one is a lie, unless GHS Investment Partner's are keeping the junior Lambrecht in the dark. Somehow, I don't think so.
4) Lambrecht went into presenting his AI Chatbot product in detail, not much new to see there, all tech that's been done before, and if they have something really innovative and new, it failed to come across clearly. Keep in mind, I work with some of the best AI products around.
5) Seemed like all 7-8 of the questions pertained to Adnexus Biotech, and some financial planning of CBDW's (1 question) finances. The room kinda' went dead when no one else had more questions to pose to them, and many folks were on the call. They limited participant visibility, so they are worried about too many details getting out too early.

It all smelled of more possible delays and added credence to the rumor that $CBDW may turn into $ADNX outright. This would be taking Adnexus public in a wide-roundabout way. Personally, I don't see AI - Education about CBD to be very popular. Cannabis uses and desires by the public seem to be at an all-time low since many states legalized cannabis use. About 91% of most Cannabis stocks have failed on the market, some barely hanging on. The ones still making any money at all are corporate-for-medical-use Cannabis operations, and they are not 'raking it in' either. Having a PC sell you on using Cannabis via an AI discussion, just does not seem like anyone's priority. Simply, I don't see that demand much at all.
That being said, Lambrecht can probably make his AI product profitable, promised a lot of new customers about to launch their websites into it, but nothing was working well enough to show anyone yesterday, "technical issues being worked out" he said.
1606 Corp, CBDW has been at this for 2+ years now as a company and a couple years before that, so that statement of his was not confidence inspiring. Company employment sheet only shows Lambrecht and one other programming engineer at CBDW currently.

Their main funder, GHS Investments, not their parent, SinglePoint, is where the money has to come from to buy into or acquire Adnexus. If the deal does close and Adnexus gets the funding, you can be pretty sure they have the goods, because GHS will probably vet them well. Lambrecht indicated a serious interest in Chandra's AI, but also mentioned the mABS products a couple of times. If the deal does not close, you can bet Clone3/7 were faked or not developed well enough in either case. If they do get funded, my gut tells me all of Chandra's hints and promises about what was coming, are for real and probably just months off his projected deadline dates again. Money arrives to Adnexus, then the mABS and the AI are all working very well. (My thoughts on the Adnexus validity)

Personal opinion: My gut's also telling me, that CCC is probably selling off a majority stake in Adnexus, not a minority one like they should, having been through the Harry Z era and contributing to ENZC's overall failure. I think they want the easy way out. I believe they'll be given limited autonomy to run things any way they want, unless profit potentials plummet, and GHS has to appoint a new CEO. If the mABS, new licensing partners and trial efforts do work, and the AI does sell like Chandra says it will, he'll probably be CEO of Adnexus forever. But I bet the CFO, COO and other corporate stuff he'll leave for CBDW-GHS Investment assigned staff to handle. (Happily, too).

I think with the CCC board members aging out, if you will, and only Chandra, Joe Cotropia and the Sanctum bioengineers left as the mABS and AI core experts in what may be a growing Adnexus venture, keeping say a 40-45% interest in Adnexus, as they had in ENZC, looks lucratively attractive to them right now. Even if they just drive up a stock spike to say $2.00 pps, for the entire thing, their share count would land more millions on them, for a lot less work and stress.

This is only a personal opinion, based in part on my gut warnings to be eyes-wide-open, the CCC player's repeating history, attractive terms of what would close GHS Investments fast during Chandra's Summer Trip to Seattle, where Sanctum introduced him to GHS Investments, and the priorities needed to get Adnexus off the ground and moving. I just get a buzzing in the back of my brain to expect this scenario to come out. If GHS only takes a minority stake, I'll bet its high, like around 48% of the company, just to make a full acquisition later an easy task to accomplish.

That's it, GLTY!

doc..plz let me know what is said on the call...Thank You

By the way, if you see any of the Twitter/X comments by Chandra's little boy-handmaidens, about how cruel and troll-like I and others are, for trying to hurt good people that had nothing to do with Harry Z's activities at ENZC, (referring to CCC), just laugh and ignore them. They're more concerned with cleaning someone else's @$$ for him and gaining inside information favors.
Facts and illegal activities that cost themselves money, not to mention us, is a silly little issue that should be left behind.

A level of disingenuous and integrity-free BS I'm leaving behind in any case. Might rebuff some harmful lies if I see more, but that's about it.

GLTA

Buyers in ENZC after April of 2024 may be screwed to some point, maybe not, depends upon what, if anything comes from this legal motion. Most buyers after May, if they did their own DD, don't have much of an excuse for buying into a seriously troubled PINK stock, unless they did it based upon implied promises from Chandra. (courts will have to hear about those cases). There was information everywhere about what ENZC trouble was brewing strong in an OTC:PINK stock that was restructuring completely, allegedly, their story changed several times in PR's alone. No sane person would have invested, so for those who keep buying the stuff, for whatever reason, really have no complaint about being defrauded except for the published Lies in their PRs. The SEC has chosen to ignore those for the time being.

SAFE not holders may not be so screwed. Their portions of the case are tied directly to CCC, and to their known business practices that helped lead to the defrauding of shareholders. We'll have to see Cotropia's response.

GLTA

Let me be frank, the latest ENZC shareholders got screwed. “SAFE” holders got double screwed.

You can forget it bud

SAFE is an acronym that stands for Simple Agreement for Future Equity.

Here is how the website Wefunder.com defines a SAFE:

https://help.wefunder.com/contracts/304785-safe-simple-agreement-for-future-equity

X-2

Very possible!

The SEC can't make the shareholders right - when they suspend a stock it is for future investors - not current investors.

The OWCP scam was different because the got back money from Friedland and the SEC started the Fair Fund. But only a small group of investors got any money back but weren't made whole.

Hopefully the SEC will go after the forum pumpers.

IG

Are you still pumping the ENZC scam?

Chandra is another scammer like Cotropia.

Why hasn't anyone verified the Chandra AI drug development platform.

Here is how it is done:

"Artificial intelligence (AI) is transforming industries, including pharmaceuticals.

Absci Corporation (ABSI), a biotech company in this niche, pioneers AI-driven drug development through its Integrated Drug Creation platform. By leveraging extensive datasets, advanced AI algorithms, and rigorous wet lab validation, it rapidly produces high-quality drug candidates, significantly lowering costs and enhancing research success.

Research and development expenses rose to $15.3 million, driven by IND-enabling studies for ABS-101.

In fiscal Q2, Absci teamed up with Memorial Sloan Kettering to harness generative AI for up to six groundbreaking therapeutic programs."

What has Chandra accomplished.

Adnexus is the same as SAGA - it is for pumping purposes only.

IG

Thanks docsetc. Appreciate your persistence.