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Thursday, February 05, 2015 2:47:31 PM
What this means is, he and Ray B. have probably expensed the company to death. Keep in mind, the market cap. of MNZO is barely $500K. In order to pay themselves back this fictitious amount, expect a huge share issuance at any moment. By HUGE, I mean around $6,000,000 worth of shares. That's 5 billion shares! There are other possibilities, like the $4,000,000 was the cost of the study, but one way or another, someone is about to get a huge pile of stock.
Although Kenny says he's the boss and he's running the show, the evidence says otherwise. The company's legal counsel is Ray Barton's guy as is the company's accountant. Who do you think they care about the most? Furthermore, the company's IR/PR firm is Magna Biz consultants, which is MMG "in disguise". Also, Manzo lists MMG's address as it's official address, because the Wyoming Secretary of State doesn't allow PO boxes.
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