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Thursday, September 24, 2009 5:18:06 AM
marketwire
Zenergy International, Inc. Announces the Completion of the Retirement of 800 Million Shares of Authorized Common Stock
* Press Release
* Source: Zenergy International, Inc. (Paradigm Tactical Products, Inc.)
* On Tuesday August 11, 2009, 4:58 pm EDT
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Companies:
o ZENERGY INTL, INC.
CHICAGO, IL--(Marketwire - 08/11/09) - Zenergy International, Inc. (Pinksheets:ZENG - News) is pleased to announce that the Company has completed its retirement of authorized common shares to 700 Million from 1.5 billion.
Related Quotes
Symbol Price Change
ZENG.PK 0.0175 0.0000
"With this reduction in shares we have finalized our capital structure transition, and can proceed as an organization with the further development of our business. The Company will continue to provide complete transparency to our shareholders, as we embark on negotiations with possible acquisition candidates, potential joint venture partnerships, and enhance the organic growth of the Company as we proceed," stated Robert Luiten, Founder & Chairman of Zenergy International.
As recently announced, the Company's management has refined the initial capital structure, enabling Zenergy to maximize the growth potential of its shareholder value. It is, and will continue to be, of paramount importance to Zenergy International; that as the Company evolves through new business development and acquisitions, that Zenergy International's shareholders are given an opportunity to grow with the Company through an established favorable environment for profitability.
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