Zenergy International Inc. (ZENG)

[Mr Wizard a1a]

OK Grande, where were we? Oh, yes. You said -

"As far as I know, Zenergy needed to go public in order to raise the 35M or so to get production going."

That was the third possibility I listed. But there is no IPO as there would be with a fresh public company. THIS company already has 510 million shares outstanding with a market cap of $13 million. They have no assets, nothing in the bank, no patents, no business, no production, no facilities. (We know they did not in 2008 SEC filing and there is no reason to think that has changed.) They seem a TAD overpriced already.

You think it is their plan to place another 1.5 billion shares on the market to raise the $35 million you suggest the company needs?

That's why we started discussing Angels and Venture Capital.

So, you see why I ask - why did this company go public now. The only reason is close to what SI is saying.