Replies to post #39173 on Zenergy Brands Inc (fka ZNGYQ)

[rukmusher]

RR only way to find out is to call Alex or Byron. Never hurts to ask. CHRO

[maddog 20/20]

I'm surprised nobody ask why they were there. I would be curious to the restriction they put on it and if they also had warrants. If they sold the shares at a slight discount and some warrants I would be interested. I would assume they would sell for .02 - .025 a share and be locked up for a year. I sent a email to the general mailbox on Tuesday and never received a reply.
I have always been a Lone Ranger with stuff like this so I have no idea the best method to split.
I seen it as a good thing they never responded to my email.
Got the impression they did not need the money.

They will have to file paperwork with the SEC if they ever report and then you can see exactly if it was a sweetheart deal to friends and family.
I also like to have free trading shares so I can be flexible.
Without the subscription agreement you have no idea what they did. With it you gain a better understanding of the value they put on the company. Not sure I would post the details on here for the whole world to see but it's a free world. You can almost expect the shares to hit the market when the restriction comes off.

The 3.5 million they discussed in financing would be a much bigger concern. That in the past is where a lot of pink sheet stocks have problems. Give them some room to operate but can become toxic real fast.

[maddog 20/20]

I am not a lawyer and if you have one available I would discuss the split with them. In the agreement you will find line after line of statements like.

d) the Purchaser may not offer, sell or transfer the Securities within the United States or to, or for the account or benefit of, a U.S. Person, unless the Securities are registered under the 1933 Act and the securities laws of all applicable states or an exemption from such registration requirements is available;

I sure somebody on I hub will have more experience than me in this area.

I doubt they will help with everybody watching a private message might gets a response.

If they respond to your request I could find out how difficult it is to split a typical agreement.

You might just ask Alex and then verify with outside sources.

[Smith Sam]

Hey RR - I thought about participating in the financing also. But at the end, decided to acquire directly on retail. Have accumulated a decent size now and when this opportunity first came out, the share price was trading at .025 anyways.
There's a section on the form (not sure if we are looking at the same form) - where it says only accredited buyers only. Per definition - net worth has to be $1M or your individual annual salary needs to be above $200k to fit that definition. If the offering is available for non-accredited individuals then that's news to me. Not suggesting that you don't fall into the first category.
In terms of your interest to split the interest, best contact from the Organiztion would be to reach out to Doug McKinnon. Best to send an email to him and cc Alex. I am sure they will accommodate the shareholders and come up with something. I am sticking with direct equity interest and adding more in dips.
Hope this helps.

Zen/Chro!!!!