The US Bankruptcy Court gave an order approving the bidding procedures relating to the sale of the substantially all the assets of Medizone International, Inc. on July 26, 2018. The Court approved the asset purchase agreement between the debtor and Edwin G. Marshall and Jill C. Marshall, N.M.D., the stalking horse bidder, for the sale of substantially all its assets for a purchase price of $0.5 million in cash. The minimum overbid should be in the amount of $0.58 million or of at least $0.04 million greater than any preceding overbid. The stalking horse bidder would be entitled to a break-up fee of $0.04 million and expense reimbursement million in case of termination of the asset purchase agreement. The sale hearing is scheduled for August 7, 2018.