Topic: How To Invest

Pat: I recently was made aware of a company called Medizone. When I look at Medizone it appears to me to be a company with a potential blockbuster technology but has lots of risk to bring the new technology to market. Do you have any thoughts on this?

Article Excerpt

Medizone International, $0.20, symbol MZEI on the U.S. over-the-counter bulletin board (Shares outstanding: 269.6 million; Market cap: $53.9 million; www.medizoneint.com), has developed what it calls its AsepticSure decontamination system. This is a portable machine that cleans the air in rooms. Medizone believes AsepticSure can purify air to a very high decontamination standard. The device could be used in facilities such as hospitals, airlines, cruise ships, long-term care facilities, food-processing plants and schools. The company is also testing a version of the machine to protect against bioterrorism. Medizone has contracted SMTC Manufacturing Corp. (symbol SMX on Toronto) to make the machines. It expects the first units to be ready for sale by the middle of 2012. There is no question that superbugs, such as C. difficile and MRSA, are a growing problem. However, Medizone will need to spend considerable amounts on marketing to sell its sterilizers in markets that are still dominated by existing methods of sterilization, which are already in place and familiar…