Plant is not operating ... appears to be Mothballed. Recent visits have shown the plant to be in a bad state. Power turned off. Place in a state of disrepair. No employees present
Zeng revenue for 2010 is ZERO. Same as the other years. The currrent production of Greenlight plant is ZERO. Nothing has been done to "expand" capacity. No PR -or any communication from the Company or IR - has been placed to explain the complete lack of activity.
It appears to be a Pinky pipe dream - whereabouts of the CEO and founders is unknown. Hope the SEC can track them. We'll see.
Check the weasel wording and conditions in the PR:
pleased to announce that its anticipated revenues have increased to $12 Million for the fiscal year of 2010. These projections have been calculated based on the current capacity of 5 Million Gallons per year; with updated projections expected as further negotiations materialize, and the plant expands to facilitate the doubling of capacity as recently announced.