Zenergy mis-represented the 3.8 million shares for cash deal. They now say the deal was not complete. The $570,000 deal is bogus. Zenergy IS INSOLVENT!
Financials filing to PS for CE removal
Zenergy International Inc (ZENG) received $570,000 as a result of a direct investment from a Third Party Investor in exchange for 3,800,000 shares. Part of this cash infusion was used to pay open liabilities and this quarter expenses for atotal of $318,711.63 and $250,852..65 remained as cash available to the business.
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Email from energy IR
1. Has Zenergy issued Restricted shares without informing the Transfer Agent? How many? Why is this not done through the TA?
No, all share issuances are required to go through the TA. The 3.8 Million share restricted cert has not been issued but been accounted for in our financials.
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