Replies to post #41254 on Zenergy International Inc. (ZENG)

[ghcnj]

For the 100th time Zenergy did not do a reverse merger it did a reverse AQUISITION. Read the PR. Zenergy was a private company that bought this shell by an acquisition which means the old company, management and crew are gone forever. There is a big difference between a reverse acquisition and a reverse merger. With a reverse acquisition as Zenergy HAS done here they buy the shell and the old company and old management are gone. With a reverse merger, which Zenergy did NOT do, two (2) companies join and it is both old and new companies. Zenergy did a reverse acquisition to take over this shell as a public trading platform and nothing associated with the old company or the old management exists. Totally new company and management here now called Zenergy International.

June 23, 2009
10:01 AM Paradigm Tactical Products, Inc. Completes Reverse Acquisition of Zenergy International, Inc. Spearheaded by Robert Luiten Distinguished Chemical Commodity Executive - Marketwire

http://www.investopedia.com/university/mergers/mergers1.asp

[Durkkdiggler]

Forget all this - only trading a week or so stuff.

I will not forget this. This is Major stuff. This is a new company with a reverse acquisition. It would of been the old company with a reverse merger.

I would agree with you to "forget the only trading for a week stuff" on a reverse Merger. But this is a Reverse Acquisition.

Distinction between Mergers and Acquisitions
Although they are often uttered in the same breath and used as though they were synonymous, the terms merger and acquisition mean slightly different things.

When one company takes over another and clearly established itself as the new owner, the purchase is called an acquisition. From a legal point of view, the target company ceases to exist, the buyer "swallows" the business and the buyer's stock continues to be traded.

In the pure sense of the term, a merger happens when two firms, often of about the same size, agree to go forward as a single new company rather than remain separately owned and operated. This kind of action is more precisely referred to as a "merger of equals." Both companies' stocks are surrendered and new company stock is issued in its place. For example, both Daimler-Benz and Chrysler ceased to exist when the two firms merged, and a new company, DaimlerChrysler, was created.

http://www.investopedia.com/university/mergers/mergers1.asp