Student of the Game

[Student of the Game @LifeFinances]

@KobeissiLetter Biggest obstacle - if unemployment continues upward, people cannot afford to move. People are “stuck” in their communities, with less WFH options.

Won’t be able to leave a low payment to absorb a higher payment, without significant wage hike.

[Student of the Game @LifeFinances]

@NewsXero Everyone’s acting like the Rock is just some random “replacement”…. Like there isn’t a Bloodline story still going on.

Jimmy / Jey…. Solo… it all becomes relevant again to setup “losing everything”

[Student of the Game @LifeFinances]

@ImKingofPrussia It’s almost like it was a strategy of theirs to start broad and narrow the focus based on the feedback…. Who would have thought?

[Student of the Game @LifeFinances]

@Andy_Dufresne1 @bojangles19981 A touch misleading… They’ve never said they’ll be of little value, in fact - they’ve said the opposite.

They did say “No assets and operations” with the caveat of “as new business plan” is implemented.

Not made up - just didn’t provide full context of the PR you referenced.

[Student of the Game @LifeFinances]

@Stocks_n_Stones Be careful - giving pro tips (not opinions) means you’re in the industry… maybe part of a certain family?

[Student of the Game @LifeFinances]

@Andy_Dufresne1 @teerading @Stocks_n_Stones @klingen_scott @james_krilich Given the daily volume - how long would it take to sell off 2B shares that no longer receive a dividend?

[Student of the Game @LifeFinances]

@klingen_scott @Andy_Dufresne1 @NurseLeeLeeLee @SteveTheWeiser 100% agreed on the low float being beneficial.

Overlooked detail - $SAGA agreed to the make whole provision. I’d assume they have a plan / know what they have to do to prevent it from going into effect. Pressure is on $SAGA to perform with the assets they are purchasing.

[Student of the Game @LifeFinances]

@Andy_Dufresne1 @Stocks_n_Stones @dan4dean On that same pie, only 50% of the pie was owned. Add in more guaranteed ownership, and how much of that pie will now be owned? 85%? I haven’t looked up their float - but again, it’d increase $SAGA ownership… guaranteed (if deal goes through, etc etc).

[Student of the Game @LifeFinances]

@Stocks_n_Stones @Andy_Dufresne1 @dan4dean Valid point. I think both stocks could be manipulated in the months to come, as more details emerge.

[Student of the Game @LifeFinances]

@Andy_Dufresne1 @Stocks_n_Stones @dan4dean Yes - $SAGa may increase their shares, but they will be owned shares - leaving the float low. These aren’t created shares with hopes to be purchased.

Company will have assets plus owned shares. Difficult for me to consider that true dilution, when comparing to other situations.

[Student of the Game @LifeFinances]

@Andy_Dufresne1 @Stocks_n_Stones @dan4dean All good. My question was more based around the no asset conversation.

I’ve continually read “$ENZC is worthless with no assets after the dividend,” but then also read $SAGA (who currently has no assets) is worthless because of dilution, even though it’s gaining assets.

[Student of the Game @LifeFinances]

@Andy_Dufresne1 @Stocks_n_Stones @dan4dean If $ENZC will plummet because it will have zero assets after transaction, why wouldn’t $SAGA maintain (even with additional shares) once they gain assets (currently have zero)?

[Student of the Game @LifeFinances]

@DonHollywood22 My guess is $ENZC is using this as a proof of concept, allowing them to “rinse & repeat” for their other planned pipelines. Why sell everything when you can sell it off piece by piece?

[Student of the Game @LifeFinances]

@Stocks_n_Stones @Andy_Dufresne1 @GodfatherCap Technically, they will own $SAGA and then disburse it 6 months after the fact as a dividend. Saying they won’t own any is a bit misleading.

Would be like saying a company doesn’t have profit because they issued a dividend.

[Student of the Game @LifeFinances]

My Interpretation: $ENZC moving forward as a business development company (rinse & repeat), while maintaining original shareholder interest in current technologies with $SAGA ownership.

[𝐆𝐨𝐝𝐟𝐚𝐭𝐡𝐞𝐫 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 @GodfatherCap]

$ENZC 💥MASSIVE PR + FILING 💥

1️⃣ "The issuance of the Purchase Shares will result in a 90% PLUS ownership position in $SAGA". 🔥🔥
2️⃣ #SAGA new Entrprise Value is now estimated at $4.5 BILLION PLUS 🔥🔥
3️⃣ Will host Spaces tonight, ~7pm ET⏰️

https://t.co/qZuFkspJA2

[Student of the Game @LifeFinances]

@Andy_Dufresne1 @bojangles19981 There it is - I was confusing myself with outstanding vs the float. I’m back on track now. 👊

[Student of the Game @LifeFinances]

“It is anticipated that ENZC will dividend to the existing ENZC shareholders the Saga shares received as the purchase price of the subsidiaries. This will occur on the dividend date in accordance with the individual shareholder's percentage ownership of the Company.”

$ENZC

[Student of the Game @LifeFinances]

@Andy_Dufresne1 @bojangles19981 Serious question (correct me if I’m wrong) - if only 119.5mm shares have been purchased by shareholders, why are we concerned about the 3B a/s?

[Student of the Game @LifeFinances]

@bioboybull @Cl4ytona_500 He’s definitely got “it” - such a fun player to watch.

[Student of the Game @LifeFinances]

@DonHollywood22 Very underrated statement! 👏