My other question- why in heck didn't the real MNZO president make any announcements during this obvious fraud?
Because Bobby was the real MNZO CEO, or whatever title.
The sequence is:
Kenny Manzio sets up his MNZO scam. He trades his super bug patent with a pile of Series A preferred.
The SEC runs Kenny out of the market. As he leaves he reassigns the patent back to himself, in exchange for the Preferred going back to the company.
Some fly by night self claimed real estate baboon in Florida takes over, and tries peddling MNZO as an online supplement retailer. MNZO at one time did sell a Baby-burp supplement on Amazon.
In comes Bobby to save MNZO SHs. He promptly gets the pile of Preferred stock, and takes over from the baboon. What did he give in exchange? All signs point to Bobby offering up the 2 scam companies he claimed MNZO had bought, as part of his pumps. As in he owned the paper scam companies, and was trying to sell them for profit.
Now you have a repeat of the Kenny story. Bobby has a heart felt discussion with the SEC, who apparently has told him he needs to leave the market voluntarily. Thus, he buys back his 2 scam companies, and pays for it by turning in the Preferred stock.
Chances are large, scammers in general have caught on that the SEC is watching this scam. Unlikely anymore Florida baboons will come to the rescue. MNZO is likely not to have a new CEO coming in. At which point it will become a pink Zombie stock. Still on occasion being traded, but no CEO to provide the pumps.
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