What the fact that many of these companies going into receivership means is that the original owners in 90% of the cases were not able to turn a profit.
Sooooo the question is, if 9 out of 10 businesses in this industry have already failed, what chance does this give Zenergy?
Combine that with a lack of revenue and the fact that none of the previous "Energy" companies that Lutien consulted for have done anything, I think you may have your answer.