This was the last information I had regarding P&G. This is an email from the financial officer of OZON who has since passed away.
Thanks for thinking of me! Unfortunately, I'm still looking for work... Or at least work that pays!
As for P&G, there has been a little noise where they might be willing to "settle" the debt and Preferred stock for a permanent royalty on the sponge sanitizer and the related patent. That deal is remote, and a long way off.
Stoddard is the only guy that could pull it off, so we all wait together...
As usual, don't put to much faith in what you read in raging bull. Too much of it is just that... "bull."
We have been talking with a guy in Dallas that wants to take the company through a bankruptcy and reorganization, but I have asked him about three times for information, plans, stock exchange and issuance plans, and benefits to the existing shareholders. So far he has provided absolutely nothing. It's like I never asked... He just ignores me completely.
Anyway,
as a Director, I can't support something like that, with no idea about what he intends to do relative to the existing shareholders.
Other than that... All is quiet. I wish I had better news, believe me.
Neal
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