Manzo Pharmaceuticals Inc. (MNZO)

[investor_61]

There are only two reasons companies go public: either to raise funds to develop a business or to make money on the stock. The SEC encourages the former and takes a dim view of the latter. In the case of MNZO, the motivation of its principles (whoever they are) is clearly to make money on the stock. If the motivation was to raise money to develop the business, they wouldn't have used a worthless, non-reporting, non-disclosure, Pink Sheets shell. MNZO is investment-proof.

If you take a very close look at other MMG shells, you'll see some are following the same course as MNZO. It's just MMG's new business template. Ken Manzo was probably hired by MMG to be the face of MNZO. Why else would he be involved? He doesn't own a single share of common stock, unlike Ray Barton and MMG.