Zenergy International Inc. (ZENG)

[Mr Wizard a1a]

Reverse merger as Business Week calls it or reverse acquisition as Zenergy calls it in their PR. It is the same thing. The facts:

Zenergy wanted to become publicly traded. It had tried for two years with the SEC. Zenergy decided to do what is commonly termed a reverse merger - a process whereby it buys a publicly traded company. Which is what Zenergy did on June 23, 2009. First thing the new owner does in a RM is get rid of old shell management, which was done here and Mr. Luiten became CEO. What became of any Paradigm assets is unclear, but they probably belong to Zenergy.

Then it has the now wholly owned shell, the public company (Paradigm Tactical Products), change its name to Zenergy International. The process is stated in the PR, “Paradigm Tactical Products, Inc. will take the necessary steps to change its name to Zenergy International, Inc.” The Delaware filings show this was done in July 2009. Paradigm became Zenergy. Paradigm did not end business or cease to exist - it changed its name and became Zenergy. Zenergy International was a Nevada corporation – may still be? Company Notes: Formerly=Paradigm Tactical Products, Inc. until 7-2009

Finally, the publicly traded shares were cosmetically name changed from PTPC to ZENG. (PDGT had been symbol changed to PTPC May 29, 2009.) This was completed on July 31,2009. On Aug 7, Delaware recorded the A/S share change to 700 million.

This process is normally called a reverse merger (RM). Was something different done here which is NOT normally done in a reverse merger to require a new name for it?