Medizone Intl. (fka MZEIQ)

[Tane61]

MZEI: BROOKLYN MAN BILKED FIRM, DA CHARGES

Would that be the "ex liaison for the Italian trials" that NEVER WERE STARTED?

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Nevada Bankruptcy Court Case 3:18-bk-50412 - Medizone International

https://app.courtdrive.com/filings/nvbke_371614-3-18-bk-50412-medizone-international-inc

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B'KLYN MAN BILKED FIRM, DA CHARGES

A Brooklyn man with a rich passion for escort services has been charged with stealing more than $500,000 from a medical research firm that he directed, prosecutors said yesterday. Joseph Latino, 41, was accused of diverting the funds from Medizone International Inc., a California-based firm researching ozone therapy as a possible treatment for blood diseases like AIDS and hepatitis. Manhattan District Attorney Robert Morgenthau said Latino took the money between 1994 and 1997 when he was Medizone's CEO and director of research spending more than $100,000 on escorts over three years. Morgenthau said Latino spent the money on personal expenses, including trips with his family to Italy and visits from $450-an-hour escorts. Prosecutors said Latino lied to investors in Manhattan and elsewhere, telling them that experiments had been completed for Medizone in Italy when they never were started. Morgenthau said Latino, who was initially hired to run Medizone after serving as a consultant to the firm, also falsely said he had a Ph.D. in biochemistry. Morgenthau said the scam fell apart last summer when a new board of directors, investigating financial irregularities, discovered the scope of the problem and reported them. After being arraigned on charges of grand larceny, securities fraud and falsifying business records, Latino was given until next Wednesday to surrender his passport and raise bail, a $50,000 bond or $25,000 cash.

http://www.nydailynews.com/archives/news/b-klyn-man-bilked-firm-da-charges-article-1.817597

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MEDIZONE UNABLE TO MAKE ANY HOSPITAL SALES IN 6 YEARS

TO DATE, NOT ONE (1) SALE TO A HOSPITAL NOR ONE (1) HOSPITAL SERVICE CONTRACT HAS BEEN REPORTED, WORLDWIDE (The manufacture of the first production machine was announced back in April 2012)

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MEDIZONE FINALLY ADMITS OZONE CAN DAMAGE HOSPITAL EQUIPMENT

US EPA - Pesticide Product Label (excerpts)

Ozone can be corrosive. Repeated use of the AsepticSure TM Disinfection System can over time cause minor corrosive damage to ozone-sensitive materials or equipment. Ensure where possible that all such materials are removed from the environment before beginning an AsepticSure Disinfection Cycle (see Table 3).

WARNING: Because the gas formula is highly oxidative, care must be taken that the room to be disinfected be appropriate and compatible.Any sensitive equipment that may be adversely affected by ozone or hydrogen peroxide should be removed from the room prior to the start of a disinfection cycle.

Contraindications and Material Compatibility
WARNING: Ozone can be corrosive and is poisonous in high quantities.
Hydrogen peroxide at high concentrations can be corrosive.