Manzo Pharmaceuticals Inc. (MNZO)

[DragonBear]

So are all of these people misrepresenting the product?

It doesn't matter if those paid to misrepresent it were paid or not.

SEC litigation

Kenny Manzio was litigated against by the SEC, and run out of the market a couple of years ago.

Once upon a time our fallen hero Kenny transferred at least his 50% interest in the patent for the miracle bug probiotic to MNZO, as part of the MNZO scam. As compensation a pile of preferred stock so as to ensure his forever voting control of the scam. Alas as stated above, the SEC ran him out of the market. His final act was to take back the patent rights, and return the preferred stock. Leaving MNZO as a defacto shell, with no scam angle.

Never fear some tycoon real estate character has the shell BOD (whoever that may have been) appoint him as the new CEO. Believe he was awarded the preferred as the follow up scammer. He twiddled around trying to present it as a supplement company for a few months. Then along came Bobby a failed private scam artist of some imaginary mega fund. Yep, that's right as the Florida typhoon exited out the door, he returned the preferred stock, which Bobby got. He started to pump the idea MNZO was now a holding company, with unlimited financial support from Bobby's imagainary mega Fund. That lasted about 6 months, at which time Bobby said he was leaving, and returning the preferred stock. Quite possibly the SEC or his lawyer told him to bug out. A known scammer in the private sector might get into trouble if he scammed a Microcrap whose founder had been run out of the market. Or at least the SEC's radar would pick up on his presence in such a stock.

Current status: There is no apparent management for this scam. It's an abandoned zombie shell. It will continue to "trade" until it doesn't. Once no trades have occurred for a few years, FINRA will eventually come along, and clean out the ticker. But as long a couple of trades occur per year, it will continue to be listed as a ticker. Exciting eh?

Meanwhile Kenny has gone back to his original private company with the same name. Offering yet another probiotic to the public. Where he relies on the likes of Amazon to peddle it. He tried scamming the OTC market, and he got busted. So he's back to selling a few $K (e.g. some minimal amount like under $10K) as a supplement.

Repeat: MNZO is a zombie shell, with no management left to pump it. Ref: the OTC market site, and try to find any recent news.