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investor_61

08/05/14 11:49 AM

#23526 RE: alex15 #23523

I still wonder why he chose the FOGC shell, to take his company public. My suspicion is, he was given it for free by MMG because they were simply looking for a way to unload their position, and Manzo's "story" gave them the opportunity. According to the recent mini-financial statement, MANZO received ZERO shares of common stock in the merger; only preferred, control position, shares. Bizarre!
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sunspotter

08/05/14 11:58 AM

#23527 RE: alex15 #23523

"You are looking in the wrong place it's not behind you,mnzo could have sold the patent any time to anyone but chose fogc to start a company."

Nonsense. If the IP is worth a billion dollars as claimed then it should be on the Balance Sheet. Or is the claim untrue?