ZNGY Latest News:
Zenergy Brands, Inc. Announces New Zero Cost Program™ Client with Hotel Resort & Conference CenterPress Release | 04/10/2018
Dallas, TX, April 10, 2018 (GLOBE NEWSWIRE) -- Zenergy Brands, Inc. (OTCQB: ZNGY), the nation's leading next-generation utility, announced today that it is has landed several new clients this year, one of which is a new Zero Cost Program™ client—Tanglewood Resort & Conference Center. Through Zenergy’s Zero Cost Program, the Company will be able to provide an entire suite of conservation-based products and services that will enable the Tanglewood facility to achieve its sustainability goals as well as have a positive impact on its bottom line.
Situated on Lake Texoma, just north of the Dallas/Fort-Worth area, Tanglewood provides the perfect setting for both personal relaxation and business retreats. The hotel features 248 spacious guest rooms, as well as a reception and registration area, state-of-the-art meeting space, two on-site restaurants, business center, poolside lounge, lakeside activities, swimming pools, gift shop, and a Nautilus Fitness Center.
“When I learned about Zenergy’s unique sustainability offering, I immediately knew it was something I wanted to implement in our hotel,” Tanglewood Proprietor Roger Thiltgen said. “We believe in optimizing all of our facilities with the latest in efficient technologies and have wanted to undertake such a project for some time now. However, the costs for such large-scale sustainability projects are often exorbitant but thanks to Zenergy’s Zero Cost Program, it is now feasible for businesses like ours.”
Aspects of this project encompass the installation of efficiency technologies and air conditioning systems, refrigeration, and freezers, as well as smart LED lighting throughout the hotel. Post-installation, Zenergy’s energy efficiency solutions will have reduced Tanglewood’s current annual energy usage by over 26 percent.
“Of course, this is a great client and fit for Zenergy, but the value proposition for our client is phenomenal. We can guarantee at least a 25 percent reduction in Tanglewood Resort’s carbon footprint, and we are also saving them money in the process,” said Zenergy Vice President of Business Development Jeff Bay-Andersen.
Thiltgen added, “We evaluated proposals by three different companies over several months and Zenergy came out as a clear winner in terms of professionalism, price and technical competence. I was also impressed that Zenergy inspected every light fixture and component on the property prior to bidding—all 6,482 of them!”
Prospective clients wanting to learn more about the Zero Cost Program™ can do so by visiting Zenergy online at www.whatiszenergy.com.
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Zenergy Brands Closes Acquisition of Retail Electric Provider, Enertrade ElectricPress Release | 04/09/2018
DALLAS, TX, April 09, 2018 (GLOBE NEWSWIRE) -- Zenergy Brands, Inc. (OTCQB: ZNGY), the nation's leading next-generation utility, announced today that it has concluded its acquisition of Enertrade Electric LLC, a Texas-based Retail Electric Provider (REP) on April 3rd.
This acquisition culminates efforts that have gone on for more than a year, and the Company is pleased to officially enter the REP space with Enertrade as a subsidiary of Zenergy. With its management team's extensive knowledge of the deregulated energy industry, combined with its smart controls and conservation business platforms, the Company now aspires to become a market leader and single-source provider of retail energy sales, smart controls and responsible energy initiatives (Conservation, Green Energy Sourcing, Demand-Response and Time-of-Use Programs).
“We are very grateful to the executives of Enertrade for remaining patient and sticking with us as this deal did take longer to close than we originally expected,” CEO Alex Rodriguez said. “But we are so proud and excited that we now have the REP platform to complement our smart controls and energy conservation offerings.”
With this strategic acquisition, Zenergy adds an essential complementary service to its suite of smart energy products and services, this time a reputable, fully operating, licensed REP, thereby further increasing the firm’s value proposition.
Rodriguez added, “Since our founding, our vision has been to converge smart controls (home and building automation) with energy conservation and retail energy to deliver the comprehensive smart energy service to customers. With this acquisition now complete, we are fully equipped to fulfill all aspects of that mandate, which is a development that our shareholders should be excited about.”
Zenergy Chairman, Byron Young, said, “The closing on the Enertrade REP Acquisition is a major milestone for Zenergy because we believe that the combination of the REP and Zero Cost services offered as a commercial package may create a very strong, low churn, highly valuable book of business. Moreover, we will be able to offer traditional residential and business electricity services.”
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Zenergy Brands, Inc. Makes a Second Installment this Month Towards Executing its Balance Sheet Clean-up PlanPress Release | 01/18/2018
Dallas, TX, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Zenergy Brands, Inc. (OTCQB: ZNGY), the nation's leading next-generation utility operating in the emerging smart energy and energy conservation industries, announced earlier this month that it has officially started cleaning up its balance sheet by paying off over $100,000 of convertible loans before the debt is converted into shares of ZNGY common stock.
Today, the Company is pleased to further announce that it has made another installment (its second this month) of $25,800 towards paying more of these convertible loans. This specific loan was tied to registered shares on the recent S1 filing, enabling Zenergy avoid immediate conversion.
Alex Rodriguez, CEO of Zenergy Brands, Inc., said, “We certainly have our work cut out for us this quarter but if we stay focused and consistent, each of these small efforts will add up and, before we know it, we would’ve accomplished one of our most critical goals, which is to clean up our balance sheet.”
Zenergy continues to work diligently to provide long-term value for the Company and its shareholders alike by increasing revenues and executing its clearly defined growth plan that would allow ZNGY to become the premier source of smart energy, sustainability, and micro-grid solutions for commercial, industrial, and municipal customers across North America.
Rodriquez added, “My conviction that our business model is an industry game changer remains very strong; however, I also recognize that it is time for us to focus on fundamental building blocks, which for us means cleaning up the balance sheet and achieving our revenue goals, which must occur simultaneously.”
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Zenergy Brands, Inc. Begins Executing Its Balance Sheet Clean-up Plan by Paying off a Sizeable Portion of the Company's Convertible Debt ObligationsPress Release | 01/10/2018
DALLAS, TX, Jan. 10, 2018 (GLOBE NEWSWIRE) -- Zenergy Brands, Inc. (OTCQB: ZNGY), the nation's leading next-generation utility operating in the emerging smart energy and energy conservation industries, announced today that it has officially started cleaning up its balance sheet.
This is consistent with the Company’s business objectives for the first quarter of 2018 as communicated in its recent end of year Shareholder Newsletter. Alex Rodriguez, CEO of Zenergy Brands, Inc., said, “Cleaning up the balance sheet is one of three major objectives for us this quarter. I look forward to continuing to chip away at these types of debt obligations, while simultaneously introducing our company’s products and services to the marketplace.”
The Company made its first major step toward this objective by paying off over $100,000 of convertible loans before the debt is converted into shares of ZNGY common stock.
Rodriquez added, “As we grow and get healthier, we gain increased freedom and flexibility to fulfill more Zero Cost installations, which, of course, allows us to start achieving our revenue goals for this year.”
Zenergy Brands, Inc. continues to work diligently to provide long-term value for the Company and its shareholders alike by increasing revenues and executing its clearly defined growth plan that would allow ZNGY to become the premier source of smart energy, sustainability, and micro-grid solutions for commercial, industrial, and municipal customers across North America.
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Zenergy Brands Announces New Carbon Footprint Reduction CounterPress Release | 12/21/2017
DALLAS, Dec. 21, 2017 (GLOBE NEWSWIRE) -- Zenergy Brands, Inc. (OTCQB: ZNGY), the nation’s leading next-generation utility, is excited to announce today its new Carbon Footprint Reduction Counter on its new corporate website, ZenergyBrands.com. This new Carbon Footprint Reduction Counter will show in real-time the effectiveness of Zenergy’s suite of responsible energy conservation, smart controls, and efficiency-based products and how each installation positively impacts the environment and the nation.
The carbon footprint is the overall amount of greenhouse gas emissions, consisting primarily of carbon dioxide, associated with an organization and is one of the most common measures of the effect of a community, industry, or country on the environment. With every Zero Cost customer contract, the company is able to make a considerable positive impact on the environment; this counter will reflect each and every contract that Zenergy enters into.
Once companies and municipalities understand the effect that their carbon footprint has on the planet, they often want to know how they can reduce both their utility costs and their carbon footprint. This is where Zenergy steps in to assist with expert analysis and effective sustainability solutions, without the premium costs normally associated with “going green” initiatives. Zenergy’s trademarked Zero Cost Program ™ focuses on reducing electricity, natural gas and water consumption levels for commercial, industrial and municipal end-use customers across the entire United States.
The purpose of this online ecosystem is to educate customers, prospective customers and shareholders alike about Zenergy’s impact on our nation’s Carbon Footprint. With this new Carbon Reduction Counter, you will be able to see Zenergy’s impact on the Carbon Footprint in real-time, with each new customer contract.
Zenergy CEO, Alex Rodriguez, commented, “I have never been more privileged in my career than to head up a company that can immediately and positively impact the bottom line for our clients, while at the same time causing a significant and measurable positive impact on our environment.”
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Zenergy Brands Announces Commencement of Fourth Zero Cost InstallationPress Release | 12/14/2017
Form S-1 Filing Active
DALLAS, TX, Dec. 14, 2017 (GLOBE NEWSWIRE) -- Zenergy Brands, Inc. (OTCQB: ZNGY), the nation’s leading next-generation utility, announced today that it is now commencing the installation of its fourth Zero Cost project, which will be taking place at a large correctional facility located in Okmulgee County, Oklahoma. This project encompasses a comprehensive energy retrofit and smart controls solution engineered by the Zenergy team. The project’s technologies will result in a reduction in electricity, natural gas, and water consumption, all courtesy of the Company’s trademarked Zero Cost Program™, at no upfront out-of-pocket cost to the county.
Zenergy has been actively conducting energy audits, site surveys, and developing business with clients that cover a broad range of industries such as corrections, hospitality, retail, and municipalities. It is equally important to note that each Zenergy customer represents a seven-year revenue stream with a high probability of renewal. Zenergy believes that its Sustainability-as-a-Service business model will help fulfill its mission of creating a portfolio of customers for life while also significantly reducing the demand on the nation’s energy grid and water supply.
Zenergy also recently completed an S-1 registration with the U.S. Securities and Exchange Commission (SEC), which gives the Company access to an equity line of credit. The company plans to utilize this facility to implement its business plan. We invite the public to review this filing and learn more about our business strategy at our corporate website (www.zenergybrands.com).
Zenergy believes it is getting closer to securing a long-term and scalable project-financing solution for its Zero Cost Program™ contracts and prospects. “We believe that the above project is the first of several large-scale installations that will follow,” commented Vice President of Zero Cost Operations, Ryan Samuel.
In a September news release, Zenergy announced an engagement with Coit Capital, a FINRA registered broker-dealer, to secure a reliable funding source for its Zero Cost clients. This remains a mission-critical objective that Coit Capital continues to pursue on the Company’s behalf.
Zenergy CEO, Alex Rodriguez, said, “We are very excited about this installation and the value that we are going to add to the county’s bottom line while also significantly reducing their carbon foot print. We remain convinced that our Zero Cost Program represents the future of how energy services should be accessed and experienced by commercial, industrial and municipal customers.”
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Zenergy Brands, Inc. Announces New Websites and Social NetworksPress Release | 12/13/2017
Dallas, TX, Dec. 13, 2017 (GLOBE NEWSWIRE) -- Zenergy Brands, Inc (OTCQB: ZNGY), announced today a full suite of social media channels for its business operations as well as a new corporate website, ZenergyBrands.com, and a customer-facing website, whatiszenergy.com. Zenergy Brands previously known as The Chron Organization, under the previous ticker symbol of CHRO, is excited to have completely rebranded its entire online presence under its new trademark name, Zenergy™.
The purpose of this online ecosystem is to educate shareholders and consumers alike about Zenergy’s industry and operations and to build brand awareness so the consumer and shareholder alike is better informed when ready to make a buying decision. Over the past several months, the Company has been strategically developing and re-branding its digital ecosystem, with creative assets based on branded content from the Company’ brand book and style guide.
Effective today, all of Zenergy's social media networks are live and can be accessed via the following links:
Facebook: Zenergy Brands
Twitter: @ZenergyBrands
Instagram: @ZenergyBrands
YouTube: Zenergy Brands
Google+: Zenergy Brands
LinkedIn: Zenergy Brands, Inc.
Zenergy CEO Alex Rodriguez said, “We are so thrilled to be making this announcement and fully intend to use our digital presence to not only create awareness for our brand online but also to efficiently disseminate key information to our shareholders in a timely manner. So I strongly recommend that shareholders follow our social media channels and also subscribe for our monthly email newsletter to keep up with new updates.”
To keep up with the latest news, updates, milestones, and promos, Zenergy strongly encourages all shareholders and the general public to subscribe to its newsletter via the ‘Subscribe to Newsletter’ box on the corporate website homepage and follow the Company on its various above listed social media sites.
- Go ZNGY
