Replies to post #40297 on Manzo Pharmaceuticals Inc. (MNZO)

[DragonBear]

The SEC couldn’t confirm or deny whether there was a Wells Notice issued

Yep. No one gets to know until a litigation notice appears. If MNZO were a registered stock, then they would be required to file an 8K. But a MNZO pinky is required to file nuttin.

Raymond Barton, the owner of MNZO, certainly has assets.

The incorporation of Peach Tree probably protects his personal assets. Also Barton wasn't the scammer. He was just "investing" in Kenny's scam.

His experience means he should have checked out Ken’s background

The only thing Barton had to check out were the terms of the convertible debt notes Kenny was going to give him. His only concern as to Kenny's scam angle, would've been whether it caused enough excitement to allow him to dump into volume, after waiting 6 months. Whether Kenny would schedule the pumps when Barton was ready to dump.

The only way the SEC will ever take out a Barton is if he flocks up, and violates Rule 144, performing an illegal dump of shares. Assuming it's caught. I'm following another scam, a delinquent registered stock that keeps coming with the pumps. Where any insider, or affiliate sale of shares is a Rule 144 violation. So why are they still pumping, when unable to dump? It reeks of an illegal ongoing dump, with no SEC action.

The only real danger for a Barton is that some future scammer skips out with Barton holding a pile of stock, unable to dump em. Yet another thing Barton would have to check out - how the scammer treated past affiliates in other scams.