Zenergy International, Inc. Announces Founder's Vision and Corporate Growth Strategy in Robust Biofuels Industry
August 03 2009 - 3:00PM
Marketwired
Zenergy International, Inc. (PINKSHEETS: ZENG), formerly doing
business as Paradigm Tactical Products, Inc., is pleased to
announce that the Company has changed its name to Zenergy
International, Inc. The company currently has 536,232,195 common
shares issued and outstanding, and will reduce its Authorized
common shares to 700 Million from 1.5 billion.
The Company's management has refined the current capital
structure, enabling Zenergy to maximize the growth potential of its
shareholder value. It's of paramount importance to the Company,
that as it evolves through new business development and
acquisitions, the Company's shareholder base continues to provide a
favorable environment for profitability.
Robert Luiten, Founder & Chairman, stated, "We have
carefully selected potential acquisitions that we feel will enhance
Zenergy's market value and allow us to compete profitably in the
lucrative emerging biofuels industry. The current biofuels market
has given us a unique opportunity to acquire existing plants, which
individually carry nominal valuations, and leverage our current
relationships to mature these plants to full capacity and
profitability, allowing Zenergy to enter into the revenue producing
stage in short order." Mr. Luiten continues, "As we concentrate on
non-food, low-cost feed stock in addition to scalable technology,
we are confident that our business model has been proven and we
intend to replicate the success of companies like INEOS, where
economies of scale have proved to be extremely profitable through
similar courses of action and growth strategies."
About Zenergy International, Inc.
Zenergy International, Inc. is a global biofuel solutions
provider which works to deliver biofuels at a competitive price,
focusing on sustainable resources, safe practices, and compliance
with all environmental laws. The Company strives to minimize
overall environmental impact. Zenergy is engaged in the development
and acquisition of biofuel sites, including constructing, acquiring
existing facilities and operating fuel-grade biodiesel and ethanol
plants. Please visit our website at www.ZenergyIntl.com for more
information.
Safe Harbor Act: This release may contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E the Securities Exchange Act of
1934, as amended and such forward-looking statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. "Forward-looking statements"
describe future expectations, plans, results, or strategies and are
generally preceded by words such as "may," "future," "plan" or
"planned," "will" or "should," "expected," "anticipates," "draft,"
"eventually" or "projected." You are cautioned that such statements
are subject to a multitude of risks and uncertainties that could
cause future circumstances, events, or results to differ materially
from those projected in the forward-looking statements, including
the risks that actual results may differ materially from those
projected in the forward-looking statements as a result of various
factors, and other risks identified in a company's annual report on
Form 6-K or 20F and other filings made by such company with the
SEC.
Contact: For more information visit our website at
www.ZenergyIntl.com or contact Investor Relations: Gibraltan
Financial (407) 830-9777
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