"The strongest remark I can make about my own qualifications is that I have been able to formulate this plan, form Sand Dollar Solution, a financial arm of this endeavor, and bring these distinguished people together."
"The enclosed proxy, which I strongly ask you to support, offers the opportunity to elect four very qualified members to the Board..."
After 16 years and multiple screw-ups it would appear that Edwin G. Marshall's is simply not qualified let alone "VERY qualified".
------------
Marshall has excelled at dilution though:
The Company had approximately 128,808,889 shares of Common Stock issued and outstanding as of May 1, 1997.
The Company had approximately 310,662,639 shares of Common Stock issued and outstanding as of July 29, 2013.
During Q2 1997 (when Marshall joined the company) the Bid Price high was 0.0825
Given the above it's surprising that Marshall had the gall to hold out his hand and take $195,000 in 2012
-------------
10Q - June 30, 2013:
Forward-Looking Statements and Risks Affecting the Company
Rigorous government scrutiny and regulation of our products and planned products;
Potential effects of adverse publicity regarding ozone and related technologies or industries;"
-----
ZERO(0)MARKET ACCEPTANCE
ZERO(0)MARKET SHARE
WHY?
Consider these excerpts from the 2011 SHEA/APIC/AHE letter to the U.S Environment Protection Agency:
"When used properly, HP also likely offers a greater margin of safety compared to other chemicals that can also be applied by vapor such as chlorine dioxide or ozone. (Davies A, 2011, in press JHI)
"Other chemicals such as chlorine dioxide and ozone also have many documented safety issues that would preclude their use in healthcare facilities. (Davies, JHI 2011)"