Edwin G. Marshall and Jill C. Marshall entered into a purchase and sale agreement to acquire substantially all assets of Medizone International, Inc. (OTCPK:MZEI.Q) for $0.5 million on May 17, 2018. The consideration will be paid in cash at the closing of the transaction. In the event the transaction is terminated, Edwin G. Marshall and Jill C. Marshall will receive a termination fee of $0.04 million. The transaction is subject to the approval of the bankruptcy court. As of August 7, 2018, the deal has been approved by the bankruptcy court. Merle C. Meyers of Meyers Law Group acted as the legal advisor for Edwin G. Marshall and Jill C. Marshall.