Medizone Intl. (fka MZEIQ)

[fcmboca]

SO TO BOIL THIS PARAGRAPH DOWN TO BASICS------
1) The Marshalls and Shannon formed company to produce purified blood products which failed then turned to develop AsepticSure

2) Marshall sold shares and cv. notes to investors to fund the company developments

3) Marshalls and Shannon worked to manufacture AsepticSure using a new chemical process hoping for great results and seemed to prove process worked in the laboratory.

4) Products were never brought to point of creating revenues of any significance

5) Marshall continued to sell shares to finance development since little or no sales or revenue created.

6) All the while Marshalls and Shannon continued to sell shares and cv. notes until money ran out. Meanwhile salaries and expense reimbursements continue to accrue to Marshalls and Shannon despite having no funds to pay themselves.

7)Marshall's decide to leave company by resigning but at time create and negotiate notes for unpaid salaries and expenses knowing that there was no funds to pay them.

8) New management with successful track record joins company and makes good progress toward making product salable and moves toward revenue creation as well as major financing of remaining development and sales and marketing but rather than allowing new management to produce sales and revenues Marshall's et.al. decides to take back company by filing a Chapter 11 and hoping for a reorg and attempt to buy the company in the reorg thus screwing the sharholders all over again END OF STORY

This is what is considered in legal jargon as making a claim with DIRTY HANDS