Replies to post #36760 on Zenergy International Inc. (ZENG)

[Mr Wizard a1a]

You say: "I agree that ZENG will reduce the A/S to 700 million just as PR'd."

I agree too - probably. Seems clear to me Zenergy can not raise the money it said it needed to build plants by selling stock. They might as well make some PR hay by announcing. This is no buyback though. Don't even try to go there.

I see the problem being with those few who were given their shares from the PRIVATE company Zenergy, and now own 98% of the PUBLIC company. As they CHURN their shares into cash, it will have the same effect as dilution without generating any new capital for the company.

SO, we agree. Mark it down. It makes NO difference to where this company is going.