n-s-d, is this what you were referring to? This is the list of reported sales by Dr. Shannon between April and June. The total is a drop more than 370,000 shares, as you mentioned.
Nothing new here. The last sale was exactly two months ago.
It is my impression that Dr. Shannon's compensation from Medizone is only through the restricted shares that he was issued. So it's obvious that he has to sell now and then.
IMO this does not represent anything suspicious, nor is it a reflection on the level of confidence that management has in what's scheduled to happen tomorrow.
Jun 9, 2011 SHANNON MICHAEL
Director direct Sell 0.27 70,000
Jun 7, 2011 SHANNON MICHAEL
Director direct Sell 0.2704 to 0.28 100,000
May 13, 2011 SHANNON MICHAEL
Director direct Sell 0.25 45,200
May 12, 2011 SHANNON MICHAEL
Director direct Sell 0.23 to 0.25 54,800
May 11, 2011 SHANNON MICHAEL
Director direct Sell 0.20 50,000
Apr 19, 2011 SHANNON MICHAEL
Director direct Sell 0.1541 50,184