Oculus Innovative Sciences, Pasadena (Forbes 2/28/05) is marketing Microcyn they say is a stabilized ionic water antiseptic "good for healing hard-to-heal wounds". It's made by electrolysing water.
You can buy stock in this turkey, which had an IPO and is listed. This makes me octothorpic (#&$#*#!).
I revisited a site I think is still run by Steve Lower. Oculus isn't mentioned (yet) but he told me in a private email that he thinks they probably get an effect from the chlorine residual.
A very nice site on water scams it is,
http://www.chem1.com/CQ/clusqk.html