Medizone Intl. (fka MZEIQ)

[never-say-die]

Same old, same old. The first good news in a year and the stock goes down. Why? Simple.

It's not the news the market is looking for. The only news that is going to get this thing rolling is US government approval. Patents don't matter right now. If patents were granted tomorrow, it would not move the share price much.

If and when the US market opens up the company has a chance. As long as the US market remains closed the share price will continue to flounder.

Sales of 50 or 100 or more machines in Canada isn't going to mean much to investors after you wack up the earnings 300 million ways.

Once they get US government approval, it still will take at least a year to get the business off the ground. And that is being optimistic.

So here's hoping long time investors like me live long enough to see this thing make some money.