Replies to post #48412 on Medizone Intl. (fka MZEIQ)

[pent]

Dr. Shannon is intensely loyal to his contract employees in Canada. My only guess is that's why. He put them ahead of himself several times I've seen.

Regarding your last four posts, this is a already in Chapter 7. That's no longer reversible.

Anything that happens, the trustee is the decider. It would have taken somebody adding funds to save the company. Once EM filed his forced BK, the company could no longer pledge or transfer shares in exchange for money. That meant someone funding the company would have to give the money to the company out of the goodness on their own heart, not getting any consideration of any kind for the money.

I don't see anyone doing that. Suggesting it can happen is giving false hope. Those that filed the forced BK timed it to when the company had no backup.

[BenK]

Did it ever occur to you that just maybe Dr. Shannon is willing to set aside his personal pain and distaste for the way Marshall did what he did, out of what he sees as a commitment to shareholders?

I wouldn't be at all surprised if he parted ways with Dodd and Co. over the issue of a Ch.11 vs. a Ch. 7.

I have heard from him in the past how he feels that leaving the shareholders out in the cold would be "immoral and unethical". Someone of his caliber may just be living up to his own moral standards.

That may be a novel idea to some of us, but believe it or not, there still are some people out there who try to live that way.

Thank G-d Dr. Shannon is one of them. And that just might offer a glimmer of hope for us.

As for "Florida", the main individual of that loosely defined "group" sold most of his shares a few years ago.