Home > Boards > US OTC > Medical - Healthcare > Medizone Intl. (MZEIQ)

You Must Be Kidding !

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fcmboca   Monday, 05/20/19 12:52:42 PM
Re: teq0904 post# 49322
Post # of 49380 
You Must Be Kidding !

So your saying that the Marshalls (Ed and Jill) never conti9nued to promise that the MZEI AcepticSure was developed by Dr Shannon and had the product tested and raised money from investors again and again all the while that Ed and Jill took big excessive salaries year after year then deferred their salaries when the company ran out of cash then took "note payables" from the company and jumped ship. After the remaining BOD hired new management (Dodd and his associates who added their own investment funds and had arranged for external independent testing (never had been done by the Marshalls or Shannon. The Dodd group had also arranged for private investors to invest in the company when the Marshalls filed for the involuntary bankruptcy and in effect blew the company away

This is how SCAMMERS ARE DESCRIBED.

Raise Money From Investors------Try to develop a Product------
Never make sales or get revenue from customers------Take Big Salaries and Expense Reimbursements-----Drain Company Cash to near zero---Then Leave Resign from Company----

This SCAM sounds just like the Theranos Scam Where Elizabeth Holmes CEO raised money for new way to do blood testing and who now is under criminal indictment for fraud

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