Manzo Pharmaceuticals Inc. (MNZO)

[investor_61]

Moody6900,
The company's authorized share capital is 888 million shares of common stock (which means they are authorized to issue up to that number) but only slightly less than 775 million have been issued, to date. Prior to MiniMart's involvement, there were only (approx.) 55 to 65 million shares outstanding (of which more than half were restricted from sale), which indicates that MiniMart issued over 700 million new, "restricted from sale", shares. Of course, unlike most public companies, they (FOGC) have never revealed WHY they needed to issue so many shares or specifically WHO they were issued to (although they did disclose a $25,000 private placement to Emry Capital, without disclosing how many shares were issued in return).

Here's a curious fact: if you go to Emry Capital's and MiniMart's respective web sites, they are VERY similar and even have the same employee photo on both sites. Draw your own conclusion!

One thing we can all be sure of; all of the more than 700 million new shares, issued by MiniMart, have now been unrestricted and, in fact, SOLD. This conclusion is further supported by the fact that last Friday's volume was equal to approx. one fifth of the company's issued and outstanding shares. If this type of trading doesn't raise a RED FLAG, I don't know what would.