InvestorsHub Logo
Followers 19
Posts 2188
Boards Moderated 0
Alias Born 08/29/2000

Re: StockPick50 post# 26636

Tuesday, 12/04/2012 12:16:46 AM

Tuesday, December 04, 2012 12:16:46 AM

Post# of 52074
"I definitely understand where you are coming from. Management deceived us about the deliveries, so where does it stop with this company?"

This idea that we have been deceived, that management lied about deliveries in September, has gained circulation on these boards, and by now has been accepted as a fact. Maybe I'm missing something, but from what I gather, this claim is based on NSD's reports of his conversation with someone at MedCan, who said that they are not yet offering the machines to their customers, for reasons unknown.

If this is so, then there is a basic twisting of the information IMO. As far as Medizone is concerned, the machines were sold and delivered. The fact that MedCan has delayed offering them to their client base does not mean that they weren't sold by Medizone. Revenue was recorded for Medizone, MedCan is committed to buying more machines, and this is all that Ed said in his message. Whatever MedCan's marketing strategies are has nothing to do us.

So to claim on this basis that we've been "deceived" is blatantly false.

Let me add that I'm not saying that management has done a perfect job. Far from it. There have been foul-ups, and it has taken way too much time to move forward. And as I've said for years, the communication style all along the way has been sorely lacking and extremely frustrating.

But that still is a far cry from saying that we were lied to.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.