Now that's a sweetheart deal. An investor pays 10X the going rate for shares, agrees to take them Restricted, and then doesn't get paid. I wonder if Zenergy is selling bridges too. Maybe the payments of debts are bogus too as well as that cash in the bank. Based ion intentions like the shares?
It has been two months since Zenergy showed the deal COMPLETE and how it spent the money. The deal is not complete until 3.8 million shares are issues. A/O a month ago, the TA had never heard of it and was saying "contact the company."
PS filing:STATEMENTS September 30, 2009 FINANCIAL
(Unaudited)
Email from TA: 10/26/2009
"If you look on page 3, the balance as of July 31, 2006 is the exact number we have on file. The 3,800,000 shares that was issued for cash was done within the company and any questions regarding that would need to be directed to the company. The contact number we have on file is 978-945-0373."
Sincerely,
Michael Atangan
Client Services
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