References to the past make all the difference in penny stocks. What you continue to ignore are track records. For somebody who knows the penny game so well, you seem to keep oblivious to the fact that there's a circuit of insiders who've done this for years. They promote "development" companies, sell shares, and make some money doing it with absolutely no intentions of being a legitimate and viable company.
Guys like Robert Gasich with ZENG, when you start reading their background, you start to pause a bit. What kind of "DD" is that, to not investigate the major insider shareholders of a company in which they own the vast majority of the shares? That's downright illogical.