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ZENG Zenergy International Inc (CE)

0.000001
0.00 (0.00%)
27 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Zenergy International Inc (CE) USOTC:ZENG OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 00:00:00

Zenergy International, Inc. Announces the Securing of Substantial Feedstock for Production

17/11/2009 2:59pm

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Zenergy International, Inc. (PINKSHEETS: ZENG) is pleased to announce that the Company has secured feedstock from two different suppliers to continue operations and facilitate extensive production in Littlefield, Texas.

Zenergy International has recently embarked on a Biodiesel facility acquisition strategy. Greenlight Biofuels, the first of Zenergy's acquired facilities, is a sizable Texas operation currently capable of producing five million gallons per year, with the potential for substantial expansion.

Greenlight Biofuels employs a robust, proprietary, and proven technology capable of processing a variety of different feedstock. In alignment with the corporate strategy, having technology that can use flexible feedstock is particularly advantageous in switching to lower cost feedstock or use of potential new feedstock like algae oil.

"We are very pleased to have achieved the second milestone in our development plan, as we continue to search for idled and underutilized facilities to add to our Zenergy International production platform. We are striving to create further shareholder value by using our network and relationships to maximize the potential of our facilities. We believe this unit will strengthen our position and we are ready to restart Littlefield with low-cost feedstock," stated Robert Luiten, Founder & Chairman of Zenergy International.

As recently announced, the Company's management has refined the initial capital structure, enabling Zenergy to maximize the growth potential of its shareholder value. It is, and will continue to be, of paramount importance to Zenergy International; that as the Company evolves through new business development and acquisitions, that Zenergy International's shareholders are given an opportunity to grow with the Company through an established favorable environment for profitability.

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.

For more information visit our website at www.ZenergyIntl.com or Contact Investor Relations: Gibraltan Financial (407) 830-9777

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