ZNO 0.00% 3.0¢ zoono group limited

Ann: Zoono AGM Presentation, page-14

  1. 1,787 Posts.
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    Hey @Martmarkmatt, nice find but maybe adding the following might give investor/shareholders an understanding of what happened !
    Not hard to find on the Net.

    The Company I don't think could have done much more - just donated US $325K to the US revenue office on our behalf !!

    ST

    2 companies were fined $325,000 after the EPA said they falsely marketed a pesticide as a weapon against COVID-19

    Zoono USA and Zoono Holdings are owned by the New Zealand company Zoono Group.

    The New York Times reported that the two New Jersey companies share the same address.
    A Zoono Holdings spokesperson told The Times that the company had bought the US distribution rights for Zoono products in late 2021 from Zoono USA and was "unaware at that time of any misleading claims being made by the distributor or sub distributors."

    "Zoono Holdings takes regulatory responsibilities very seriously and as soon as Zoono Holdings received notification from the E.P.A. that in market advertising claims were under investigation, Zoono Holdings halted all in market sales and worked diligently to remove any misleading claims from the market, " the spokesperson told the publication. They added that the company had a "zero-tolerance approach to regulatory noncompliance."


 
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