Zenitech Corp (0001501225)

WEB NEWS

Saturday, October 2, 2010

S1 Registration

Zenitech Corp share holders register stock to take company public.

Company Snapshot:

Development, manufacture, distribution and marketing of environmentally friendly packaging.

Industry Snapshot: (Company Commentary)

  • Currently, the majority of disposable packaging products are made from plastic, paper or polystyrene, which are typically non-recyclable and non-biodegradable. Consequently, millions of tons of plastic, paper, or polystyrene disposable packaging products are discarded in landfills across the world each year. In the last decade there has been increasing public concern over the harmful impact that plastic, paper, or polystyrene disposable packaging products have on the environment. Because of this public concern, governments have begun to adopt regulations intended to restrict and in some cases even ban the use of plastic, paper, or polystyrene disposable packaging products and multinational corporations, acknowledging the need for environmentally sound solutions, have begun to seek alternatives to plastic, paper, or polystyrene disposable packaging products that are less harmful to the environment. As these trends continue, we believe that market for biodegradable consumer packaging products will face rapid growth.
  • The Chinese floriculture industry has to its advantage one of the largest plantation areas in the world as well as large worker supply. The industry has experienced a dramatic growth over the last thirty years. With expansion of the middle class, growth of consumer’s disposable income in the country, and increased demand for luxury consumer items, flower sales are consistently rising.
  • In addition to the great potential of its domestic market, China presents an attractive target marketing area, as it has recently began taking various measures to curb the effects of environmental pollution with focus on building  a more sustainable economy to maintain its current growth in the future.
  • The combination of the abovementioned factors, together with its geographic proximity to Japan, the second largest flower market after the United States of America, makes China an ideal candidate as base of our operations.

Post Merger Share Calculation:

  • 13,758,000: Pre IPO diluted shares
  •   1,758,466: Registered shares of Common Stock by current shareholders.

GeoTeam® best effort calculation of total post reverse merger shares assuming full conversions:  15,516,466

Financial Snapshot:

We have not yet entered into agreements with any floral businesses, stores, or wholesale distributors of packaging materials for distribution of our product,


Liquidity Requirements
We anticipate that we will need approximately $645,000 in order to carry out our business plan for the next twelve months. We intend to sell shares of our common stock in order to raise the required funds although there is no assurance that we will be able to obtain the financing this way.


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