Replies to post #41262 on Manzo Pharmaceuticals Inc. (MNZO)

[DragonBear]

First he needs to become current-wrong

The MNZO zombie shell he bought was never a registered stock. As soon as he paid Wyoming the registration fee for a business license he was "current".

Usually the Microcrap scammer buys the shell, reverse merges a private company they own, have an audit performed on the resulting entity, and files a Form 10. CEO Bobby is playing this as a Microcrap company he bought via the preferred voting stock. He skipped the R/M step. Given there are no assets, an audit should be a snap. Then file a Form 10.

He can file a form 10 after that if he so chooses.

He will choose not to do so. Registering the stock would mean an auditor would have to sign off on the imaginary $Ms he claims his private $500M fund is going to pump into this scam. No auditor is going to sign off on something imaginary. Auditors do not like the PCAOB crawling up their orifices. The PR material would have to be accounted for in a filing. All of those 8Ks to file...

However if CEO Bobby never registers the stock with a Form 10, then we have the usual Pinky scam. He can file a bogus non-audited filing with the OTC Group. All it takes is paying the OTC Group a fee, so they can post slop at that site. The OTC Group happy to have another paying customer, marks them as "current" - oh what joy! LOL Then CEO Bobby can crank out they are buying all kinds of businesses, announcing LOIs. The "Pinky Investor" just assumes the capital is coming from the imaginary Bobby fund. In a subsequent bogus OTC yearly report, Bobby can just forget to mention how the funding occurred. Or that the LOIs never got finalized.

Why not give him a chance before we start calling him a scammer.

Because he is, and it's already too comical. The Bobby fund of $500M is imaginary. Extreme comedy is the idea a fund with $500M would choose a Microcrap shell with no assets to pump money into as an "investment". Yet to come will be the increasing O/S. The funding of CEO Bobby's salary will come from retail buying the future dumps. Not from some imaginary Bobby fund.

The only reason he probably updated us was because of all the emails he was getting from investors.

Why wouldn't he update the "investors" as to his latest scam? A scammer doesn't buy a shell for a few $K, and then not proceed with their scam.