Replies to post #41119 on Medizone Intl. (fka MZEIQ)

[jackcross18]

Don't know particulars of when the preferreds can be issued-I hope you are right. When the group from Utah tried to get a shareholders meeting about a decade ago, he declared them enemies of the company. I'm sure Ed will feel any effort to
Remove him as hostile.

Maybe cooler heads will prevail. One would hope the board realizes the current plan isn't working and would be ready for change.

I'm sure Ed will look out for his best interests---which may not necessarily be in the best interests of common shareholders.

[Eli's Gone]

The BOD can assign any rights and preferences to the preferred as they deem fit:

Our Board of Directors may authorize the issuance of preferred stock and designate rights and preferences that will dilute the ownership and voting interests of existing stockholders without their approval. Our Articles of Incorporation authorize us to issue preferred stock. The Board of Directors is authorized to designate, and to determine the rights and preferences of any series or class of preferred stock. The Board of Directors may, without stockholder approval, issue shares of preferred stock with dividend, liquidation, conversion, voting or other rights which are senior to the common stock or which could adversely affect the voting power or other rights of the existing holders of outstanding shares of preferred stock or common stock. Additionally, the issuance of preferred stock may have the effect of decreasing the market price of the common stock and reduce the likelihood that common stockholders will receive dividend payments and payments upon liquidation. The issuance of additional shares of preferred stock may also adversely affect an acquisition or change in control of the Company.