Just imagine if that investor he/she/it had info that ZENG has a joint venture or some sort of deal with one of the big boys such as EXXON, BP, SUNOCO, SHELL, INOS ect. Which Luiten has ties with, what do you think that kind of news will do to the PPS?
First, I am pretty sure it is illegal. All that insider information and deals for publically traded stock.
Second: The investor must have incredibly bad timing. The only time the stock traded near the .15 he paid was the morning of 8/10/09.
8/7/09 PPS .065 8/10/09 open .080 high .12 close .096 8/11/09 PPS .070
You say he would do this in exchange for secret information the company told him so he wouldd know he would make a killing. Gee, if we figured it out - maybe the SEC could? NAAAA