SOURCE: Zenergy International, Inc. (Paradigm Tactical Products, Inc.)

August 11, 2009 16:58 ET

Zenergy International, Inc. Announces the Completion of the Retirement of 800 Million Shares of Authorized Common Stock

CHICAGO, IL--(Marketwire - August 11, 2009) - Zenergy International, Inc. (PINKSHEETS: ZENG) is pleased to announce that the Company has completed its retirement of authorized common shares to 700 Million from 1.5 billion.

"With this reduction in shares we have finalized our capital structure transition, and can proceed as an organization with the further development of our business. The Company will continue to provide complete transparency to our shareholders, as we embark on negotiations with possible acquisition candidates, potential joint venture partnerships, and enhance the organic growth of the Company as we proceed," 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, 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 Information

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