Comments on: An MZM by any other name…

By: Ya Right

Ya Right — Fri, 19 Aug 2005 19:30:43 +0000

I am surprised the government has not tried to block this sale just like they are stopping the Duke from selling his home, which is the center of the investigation. You are right about it just being a different name with the same people. I would like to see them loose every contract they got on the BPA that the Duke helped MZM get… as well as not be able to rebid on those contracts. Won’t be surprised to see the NGIC continue to hand these contractors contracts as MZM… Athena… or whatever they are called… The good ole boy network at work.

By: Harry Landers

Harry Landers — Thu, 18 Aug 2005 15:47:20 +0000

And as for Athena, she was the Greek goddess of wisdom, war, the arts, industry, justice and skill. Perhaps, of greater interest, though, she had sprung, fully grown, out of her father’s head. Much as this corporate Athena seems to have sprung, out of the head of MZM.

By: Hans Mast

Hans Mast — Thu, 18 Aug 2005 13:28:13 +0000

At least it’s Veritas that’s buying them… Maybe that’ll put some truth into the proceedings…

(In case you didn’t know Veritas means truth and my above comment is a sarcastic one…)

By: Harry Landers

Harry Landers — Thu, 18 Aug 2005 12:54:13 +0000

It sounds like a move designed to avoid liability for potential future lawsuits. Veritas Capital only buys assets of MZM, Inc. They don’t buy the corporation. The money (“an undisclosed sum”) for the purchase will go to MZM, Inc. I suspect that it will be distributed to stockholders in some form, which would leave MZM, Inc. as an empty shell, to be shut down. No money. No assets. Nothing for potential litigants to take.

In the meantime, Athena/Veritas/MZM continues on its merry way. I wonder how long it will take them to put their PAC together? Paging Virgil Goode.