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MNZO, the company, never actually had the patent
And when the SEC ran him out of the market, he took the patent with him.
Not the first time that has occurred in a Microcrap.
I am thinking they are working on getting off expert market hence keeping it active https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=108194067094219057175103048254161232094048197154
$MNZO
MNZO, the company, never actually had the patent. Ken was named on it but it was not his not the companys.
Jusy sayin'
Yes scam angles are regularly associated with patents.
As your link to "Crazy Patents" proves, it doesn't take much to get a patent.
MNZO super bug had no proven clinical value. And it's extremely difficult to defend a challenge to a bug patent.
Of course MNZO had the advantage the patent would never be challenged. As no one was interested in the nonsense.
Jusy sayin'...
You called it a "scam angle," but the patent office found their product worthy of a patent.
Which really isn't saying much, since risible ideas like these were also granted their own patents.
You may have found it hilarious, but they got a patent on it.
So?
They genetically altered a bug to produce lactase. Then patented the usage. It cost Manzio some patent lawyer fees.
Then they dosed a few of their employees, who then made testimonials of how good they felt.
What did not happened was a controlled clinical trials sanctioned by the FDA. Where it proved the super bug was any better than probiotic bacteria sold at Walmart. Or the lactase enzyme sold on the market.
It was nothing but a scam.
You may have found it hilarious, but they got a patent on it.
https://patentimages.storage.googleapis.com/4e/d8/6b/4e1da7754307c5/US8236297.pdf
I can never understand why folk can't be bothered to do the DD that establishes very quickly that the CEO is lying to them
Because it's the dream of the big score. Along with having no understanding of what they are invested in. I wouldn't touch a financial or banking stock - I don't understand their banker language in the filings. But when you have the dream, who cares if you understand the business. Which means no DD is required outside of reading, and getting excited over PR pumps.
"The original scam angle by Kenny (why are these CEOs always named "Kenny"), involving a super lactase producing bug was hilarious, and entertaining."
I can never understand why folk can't be bothered to do the DD that establishes very quickly that the CEO is lying to them.
Do you think it will come off expert market?
Nope. Zombie stocks like MNZO wander around aimlessly. Difficult to apply the term "expert" to Zombie stocks. So the OTCM instead gives it the Jolly Rodgers symbol.
Do you think it will come off expert market? Did you see how quickly it went to .002?? $MNZO
LMFAO!!!!!!!
Reinstatement and license renewal don't mean shit in scamland (except that someone wants to dump more shares).
There are hundreds of stinky-pinky shells with thousands of bagholders just praying for someone to come along and bail out the POS they invested in.
That's like buying a building permit in a toxic waste dump where hundreds of other landowners have been unsuccessfully trying to sell their property for years.
So......GLWT!
Hey - I see the pool installers have arrived.
Wow!! Thanks for that info. I'll be checking in here often to see what's going on!
Yeah, watching paint dry, and flake off is exciting.
Wow!! Thanks for that info. I'll be checking in here often to see what's going on!
So what's your take on what's happening now?
A group of retail has put out $6K total for 19M shares. The goal is to get some 3rd party stock site to notice the sudden surge in volume. Then crank out to their paying subscription base that MNZO is a "hot stock". In comes a flux of dreamers from the 3rd party sites. The PPS goes from 0003 to 003, and the group of retail that started it, sell. Who knows maybe the forum makes a top 10 list in IHUB (e.g. volume of posts, whatever).
Then again, maybe absolutely nothing happens. The sudden volume surge goes un-noticed.
In the end it's still a Zombie stock. With no management to pump it, as a follow up.
The original scam angle by Kenny (why are these CEOs always named "Kenny"), involving a super lactase producing bug was hilarious, and entertaining. Alas that gave way to selling vitamins with the Florida real estate fella. Then came the clown
Robert Rich
Pretending he was a wanna bee Buffett, and going to make MNZO a gigantic holding company. As he drove a stake into the original probiotic nonsense for good.
Yes it will just needs to move to Pink which is what CEO is working on. Send him a message $MNZO
Very interesting.
information. So what's your take on what's happening now?
How familiar are you witj this company? I just found this and don't know the history. Do you think this can recover now?
Let’s get to pink!! CEO is working on it! $MNZO
MNZO...001s going here...off the 0001 alert...:party:
If one was to keep this active on WY SOS and wanted to get off expert market they would just need to file 211 form from FINRA??
First you would need a "they". Because currently MNZO is a zombie stock. It has no management running it. WY lists a Arthur Douglas Smitherman, who once claimed on this forum he was once Sec-Treasurer under Kenny. As long as he tosses WY $50 per yr, it stays registered in WY.
Kenny Manzio was run out of the market in 2016 as part of an agreement with the SEC. Then for a short time Morfesis a Real Estate agent in Florida was going to make it into an online vitamin company. That lasted only a few months. Finally in comes Ritch, a self described hedge fund manager who was going to make MNZO into a holding company, pumping in hundreds of $Ms. The SEC
Litigated against him
Someone in management (Smitherman?) would have to convince a MM, that all was suddenly in order. So that a MM could vouch for the future behavior of the company by sponsoring a 211. A MM that vouches for such a company can be held accountable by FINRA for the company's future actions. How do you do that? How to convince the MM to take on the risk of sponsoring a 211? Answer: File a Form 10 to register the stock. Given the jumbled history mess of this scam, that would be an interesting exercise. Neither is it likely a MM would bite.
Until you see a Form 10 filed, there will be no 211. And the likely-hood of a Form 10 is nill.
If one was to keep this active on WY SOS and wanted to get off expert market they would just need to file 211 form from FINRA?? $MNZO
Obviously it was registered at some point - it had to be to become listed on an exchange.
The shell MNZO was reversed merged into was "Fortune Oil Company". That scam came into existence around 2005. It was a registered stock, until 2010, at which point it filed a Form 15-12G, which effectively de-registered the stock, relieving it of the requirement to file Form 10s.
MNZO then reverse merged into a "clean shell". At no point was the MNZO stock registered. Neither is there a requirement that a Microcrap stock trading on the OTC be registered. A non-registered OTC stock is a Pink Sheet stock.
Thus, MNZO did the usual for a Pinky - pay the OTC Market Group a yearly fee to post
Bogus financials
Where there is no requirement they be audited. Neither does the SEC review them as they come out - stock isn't registered.
Obviously it was registered at some point - it had to be to become listed on an exchange.
And since it was never revoked it's still an active ticker and freely trading if anyone wants to buy or sell it.
The stock was registered - But then Barton and his cronies created and sold 981,000,000 shares that were never registered, from which they profited nearly a half million dollars.
Once revoked, the ticker will disappear from OTC as if it never existed.
Like ORYN and SHRK.
Revocation doesn't leave a zombie stock, the ticker is delisted
True, but that doesn't apply to MNZO. How can you revoke the registration of a stock, when the stock was never registered? No revocation, no delisting. Therefore, MNZO will continue to exist as a Zombie stock (no known mindless management) for as long as any trade volume is recorded.
To be clear, Harrington isn't being sued over the delisting.
He's accused of defrauding two companies by selling them clean shells for $60k each, but then never delivering the shells.
Those two companies understandably want their money back.
That is not the farthest they can go.
SEC has revoked many symbols - I posted a link to four that were revoked in the same order.
Revocation doesn't leave a zombie stock, the ticker is delisted.
MNZO was temporarily suspended in March, 2018. It should have been revoked then
And that's as far as they can go. Besides management fleeing, leaving behind a Zombie stock, it also leaves behind a rather filthy shell. That no one can use.
In the case of MNZO again it was never registered. As long as a blip of volume occurs, it will exist as a Zombie stock. When there is no trading for a few yrs, then FINRA, keeper of the OTC stock symbols, will take out the ticker symbol.
If the broker wanted to bee a "full service" Broker for ya (LOL ), they would agree to your request, that they buy all of your shares for $1. Minus whatever transaction fee they want to charge. In return you finally get to claim a tax loss.
Go to the
DD forum
and ask how a Broker can refuse to remove a stock which has been revoked or delisted? If they agree it should be, then the next step is demand they do so. Else FINRA will be contacted. Also the keeper of the brokers.
Of course they can!
MNZO was temporarily suspended in March, 2018. It should have been revoked then.
SEC suspends stocks (including dark or defunct) all the time - six so far this month and 23 in April.
In 2017 they revoked these four shells that were all grey (1 revoked, 2 dissolved, 1 defaulted).
ORYN had been dormant for years.
I was an unfortunate bagholder in that one at it's still littering one of my trading accounts - brokerage says they can't remove it until ordered to do so by the SEC.
Is there any good reason the SEC hasn't revoked this POS?
Don't believe they can. MNZO was always a Pinky. The SEC ran Kenny Manzio out of the market, leaving behind a shell taken over by the Peachtree gang. Then they gave way to that clown Ritch. Who was going to rescue MNZO, and infuse hundreds of $Ms from his make believe hedge fund. The SEC then nailed Ritch, while suspending MNZO. Surprising they didn't suspend when they ran Manzio out of the market. Afterwards some real estate agent in Florida was going to make it a vitamin company, selling crap online. Anything since?
The stock was never registered with the SEC, so not much more the SEC can do with this Gray Zombie stock. If MNZO had been a registered stock, then by now the SEC could have delisted it for delinquency of filing form 10s.
So here MNZO sits a Grey sheet stock. If absolutely no trades occurs for a couple of years, then FINRA will delete the ticker.
Wow - someone paid the $50 license fee.
Between February - April 2019: Arthur Douglas Smitherman added as President. Status changed to active at the same time.
Between August - October 2019: Arthur Douglas Smitherman removed.
Currently no active officers and owner is unknown.
Is Smitherman still involved?
Did he buy the shell and then find out the SS is too screwed up to fix, and then abandon it?
Is MNZO still tied up in the SEC's fraud case involving Ken Manzo and the 981 million fake shares, and therefore unable to be sold as a clean shell?
Is there any good reason the SEC hasn't revoked this POS?
Will Robin ever come out of the closet?
Yea that is a good thing he doesn't own it, so looks like someone else is keeping it active $MNZO
https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=108194067094219057175103048254161232094048197154
Delays?
Like maybe because MNZO was used to defraud investors? That could indeed be a problem.
Where'd you get the idea they were going pink?
The last disclosure was in 2016.
And the last news was an SEC suspension in 2018.
I'd believe in Hogwarts and flying dragons before I'd believe any of Barton's scams are gonna run.
Unless perhaps, another scumbag fraudster runs another P&D.
I know - Barton no longer owns this shell, blah, blah blah. That's the only good thing it has going for it.
$MNZO
yes brothers the waves are coming get ready stay patient thats how otc win
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not sure why you are replying to this post from a while back, we getting some news?? I think they were working to get to pink but ran into some delays $MNZO
It's a dead scam - it ain't goin' anywhere.
All of Barton's scams are dead.
ANA* has been trading on hype and bagholders are gettin' their hopes up, but the only difference between it and the others is it's current.
Need some updates here and need to move from expert market to pink $MNZO
I have an AON buy for 1,000,000 shares at .0001 if anyone wants to sell
What is $MANZO doing? Is this stock associated with a company yet? I seen little runs and wondering why? I have couple thousand shares I held onto.
Nice congrats! It does move easy just need some updates. Pretty sure move to expert market wasn’t for nothing $MNZO
Sweet. Finally got a partial fill on my 60day 1s order.
Glta
well someone got it. aorry bud
Looks like it got filled but I didn't get any... $MNZO
place a limit order for .0001 2,115,000 shares it’ll fill
ok well I am bidding for them there not sure why it hasn't filled $MNZO
no i am not. the order is placed at .0001 no AON
I think you are just pulling my leg haha $MNZO
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