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you are right-thats a different company
there is a limit to how long it can be before some news bc the 10Q,due by Aug 15,must relay info from Apr 1 to June 30
it also helps, as per a copyrighted stock newsletter i read today, that the russell 2000 has a better ROI than dow sp etc, especially at the end of a bull run like this ,as per the article,so we are still getting a push due to ZN's recent inclusion in the russell 2000 and 3000
Good find. I did a quick scan of the pr referenced at the bottom of your post -it would appear they thought they had a commercial well at that point
so what happened?
I didnt think insiders can sell either and they cant but they may gift in certain circumstances during blackout periods
assume he knows what he is doing bc he is a lawyer and former judge I believe and would have received the ok from ZN's lawyer
perhaps case law in free wheeling texas allows it
https://www.lexology.com/library/detail.aspx?g=2232230e-63a7-46fd-a152-87a77c144fb1
2 more gifts
it was a surprise to see a form 4 during this time frame during which they cannot buy due to material knowledge not shared w the public-but they can sell or gift
and w mrbojangles comments he avoids paying taxes to the govt he otherwise would pay if he transferred an equiv no of shares after pps increase
https://backend.otcmarkets.com/otcapi/company/sec-filings/12853989/content/html
shows the ministries etc a relatively small number of his shares was gifted to
hopefully this is the corrected document-there were an error(S)in the original doc
https://backend.otcmarkets.com/otcapi/company/sec-filings/12853631/content/html
excellent
excellent summation to the max totally and from the july 5 2004 article which initially thought was just days ago-others might think so too
to post an image download an image to your PC -
then on this site select "settings"-'my pictures'- 'image upload'-'browse' or 'upload'-
once image is uploaded click on the [chart]line below "imbed' to highlight the chart line -select 'copy'-open new zn post-select 'image'button to left of post- [img] [img] will appear in post
place cursor between the 2[img] and select 'paste'
I'm sure they would know ahead of time as i've seen other companies PR their soon inclusion in the russell 2000 and 3000 well ahead of time
Excellent-I have learned something.Thank you.
Neither OTC nor ZN makes it easy to research old PR's and I hadn't researched farther back than Jan this year and hadnt seen any mention of the type of rock,which I thought was a little odd
all of the israel quakes i've seen are ca 30 miles north(in an unrelated video rusell lee and victor said that area was 30 miles north)
effects of a quake of course diminish away from the epicenter- so far i've not fond any articles how much -especially underground-and it will no doubt vary w the depth of the quake and probably the rock strata between the epicenter and ones location
so does anybody have info on these things so we might have an educated guess of what the impact might be on the strata ZN is testing
i'm sure there have been many quakes worldwide near oil wells and somebody should know something about this in the industry
yes-i was aware of that and reported that earlier
at the end of the meeting-and not in direct response to the earlier question j.b. said in what appeared to be off the cuff remarks which i reported earlier more exactly, said he wasnt looking for just 1000 bopd he was looking for 10k or 25k or 50k bopd or whatever God provides -but as far as i could see he wasnt answering the question of how many bopd they considered to be a commercial well
when the holder asked 3 q's victor wrote 1 down and answered it and Guinn answered 1 q but the other q was forgotten by them and not answered at that time or anywhere i saw in the meeting videos
the 2016 reference you now make is AFTER the sept 2015 letter,changing the game and the 2016 filing BY newc indicates there would be an admin hearing BEFORE anything was done and newc was working to resolve the issues and there attorney was communicating w sec-due process requires proper notice of such hearing-so a trader would not necessarily be concerned at that point in time when the 2016 8k filing u refer to indicates a resolution is being sought through channels
only those who thought the ceo was a crook or that this was a scam would interpret otherwise
in the law there is something known as laying the foundation -providing the history and the explanations necessary for the reader to understand a case or situation
the sept 11 2015 sec letter does not do that!!!!!- there is mention of a history but no listing of such and no link to that history so all a non-sec specialist can determine is there is some kind of spat
i'm not some idiot as u keep inferring-i was reading encylopedias in 1st grade when peers were trying to read 'see jane run' for 3 years and trying to count to ten-was doing college work by 5th grade valediction of my unversity top of my field w no peers professors would fall out of their chairs and say u've understood in minutes what takes a semester to teach and would call my adult guardians and say he's a genius
and i'm very aware of the unprecedented corruption and violations of the constitution in wash d.c. and the stock market from sept 2009 on
to this day the sept 11 2015 email letter does not make sense-it cant-we arent given the history necessary to understand
and as i've explained i gave up on using edgar bc time after time when i tried to research a stock on edgar w cusip, name and ticker i got a 'no results were found'
they dont make it easy to get info let alone lay the foundation for a non-sec specialist to understand
so the average stock trader,esp average penny stock trader who knows far less than me is not going to understand
so the average trader was not warned via the sept 11 2015 letter
Item 8.01 Other Events
On November 30, 2016 the Company received a letter from the United States Securities and Exchange Commission Office (the “SEC”) of Enforcement Liaison – Division of Corporate Finance which informed the Company that it was not in compliance with its reporting requirements under the Securities and Exchange Act of 1934 (the “Exchange Act”) and that, as a result, the Company may be subject, without notice, to an administrative proceeding to revoke its registration and suspend trading in the Company’s stock. The Company has not filed the required reports as of the date of this report, however it intends to file such reports as soon as possible. Nevertheless there can be no assurance that trading in the Company’s stock will not be suspended by the SEC at any time. Company counsel is in communication with the SEC staff with respect to this issue.
notwithstanding that very few even know what a form 10 is it was never explained to me why they even needed a form 10 in 2015 when the security had not even been revoked then
again non-sec or non-securities specialists will not know the meaning of that 2015 sec letter which never mentioned termination or revocation
theres something wrong when you have to be a securities or specifically an sec specialist to trade stocks esp in an era when logic was turned upside down
and i had seen many stocks sec delinquent for years before anything happened
translate the following into english
https://www.sec.gov/Archives/edgar/data/772370/000107878215000981/0001078782-15-000981.txt
very nice analysis-
its unfortunate that specialization and the language specific to each specialization makes it difficult for non specialists to read between the lines-this is my only oil experience and of course zn has never had a commercial well,so the updates prior to june 19 were difficult for a non specialist to interpret
and there are specialists here -one who has not posted lately -with widely divergent interpretations
Dustin Guinn noted the difficulty and divergence between drilling a hole in Israel where there's practically no historical or offset data
vs texas
During drilling, the rock types encountered confirmed the reservoir structure'-
what rock types confirmed a structure
the holder at the june 5 meeting who asked 3 questions-including how many bopd do you consider to be commercial-that question was never answered- is it possible for to take a stab at that question? or are there too many unknown variables?
part of 1 of the recent PR's post here re timing of and whats involved in testing each zone -emphasis added
DALLAS and CAESAREA, Israel, May 17, 2018 – Zion Oil & Gas, Inc. (NASDAQ: ZN) announces that it expects to commence perforation, stimulation and flow back operations on its Megiddo-Jezreel #1 (MJ #1) well as early as next week in Israel.
Zion’s President and Chief Operations Officer, Dustin Guinn, stated, “After extensive well preparation, rig up and endurance testing of our service provider’s imported well testing equipment, which includes additional well control equipment, flare stacks, separation units, slick line unit, stimulation and storage equipment, we are ready to begin the highly anticipated testing and flow back of the MJ #1 well. We recognize that this has taken longer than expected, but the fact remains that Zion has just surpassed one year without a recordable incident, a great achievement, and we will not increase our risk profile to save a few days. While we do not have a definite timeline for the testing of each zone, especially if we need to perform extended flow back testing, we expect basic testing to require approximately 7-10 days per zone to perforate, run tubing, monitor flow, stimulate and resume monitoring flow. Extended testing will require more time.
8k's are filings -you said there hadnt been filings for several years- which means 3 or more years
amended 10k and 10q were filed may 2015
many many 8k's were filed after that,including the july 2016 8k re financials
the 2015 sec letter did not mention termination- i have multiple doctoral degrees including j.d. and 25 years experience in the so called justice system reading 100's of thousands of obtuse etc pages
and the sec letter always remained obtuse to me
i'm sure you must know that securities law is extremely specialized and localized -i've talked to many 100's if not thousands of attorneys and none of them were specialized in securities
in fact in my accounting economic and law degrees we learned nothing of substance re stocks -so its ridiculous for the sec to expect anybody but securities specialists to understand the import of their 2015 letter you referenced,which did not mention termination or revocation!!!
1st, it had not been several years-if i remember right they had a july 2016 8k filing in which they reported financials-i reported that on this board multiple times- the suspension was sept 11,2017 - just 14 months later-not several years
they also had filings in 2015
i've never liked edgar- even armed w cusip #, name, ticker symbol edgar will often tell me,to paraphrase, 'no search results were found' -whereas if i go to otcmarkets.com its easy to find the info,so i rarely use edgar
besides during that time auditors reportedly were engaged by NEWC
in fact auditors reportedly said they would be finished ca 3 days after the suspension actually occurred- so unless the sec contacted the auditors and determined from them that that would not happen it seemed ridiculous to suspend just ca 3 days before auditors reportedly promised they'd be finished
no need to trample on longs further -thats unnecessary and cruel
the vast amount of detailed info given by newc in scores of pr's is not the pattern of a scam nor is being sec reporting
if they were not sec reporting they likely would not have been suspended by sec-they may have received a ce from otc for so many pr's without current financials but still would have been trading
delays are the rule in life and every one of the thousands of companies i've looked at has experienced delays so if u are going to use that as a barometer u will totally eliminate longs from the market
pending further fulfillment of promises i tend to think that inter alia this was a case of mr murphy on steroids -something very common in defenseless pennies since sept 2009
My habit is to do massive dd -a lifelong learner and reader etc. I've read 10q's and pr's etc of thousands of market companies to help out my best friend etc.
What i've learned is that the market is almost completely illogical; it is literally saturated by fraud bc the gatekeepers became part of the fraud due to unconstitutional orders
the most reliable things about the market and stocks is childish overreaction to everything
and just as delay is a part of our lives due to the secular mr murphy (to be pc on this site),so delay is also a part of every companies lives,including Zion oil and gas-18 years and growing. i dont think i've ever seen a companies wishlist re timing ever come true!!!!!
So i expected pr to wait til july 14-21 and for impatience to do its work on the pps,but in the meanwhile pps unexpectedly grew due to zn's unexpected inclusion in the russell 2000 and 3000-another market rule -surprises! Other companies pr their soon inclusion in the russell 2000 etc well beforehand.
so i expected to be able to increase my zn stock before pps rose considerably- an expectation destroyed by russel 2000 etc pps increase.
So as ZN pps rose above 4.20 i wondered whether i should chase-but He said 'do nothing'-so i didnt chase.
Despite writing 1000's of pages under the inspiration He still operates on a very tightlipped need to know basis in peoples personal lives,which is why so many use crystal balls etc.
I had less than zero interest in stocks bc of the widespread fraud,wasnt focused on money,but am the ultimate giver helping every body. A company i used to be president of but had retired from due to bigger responsibilities was experiencing a hostile takeover so i had to come come back to fight it bc people have no discernment and are lazy and dont know to do things.
My main ally in the fight -somebody who would personally greatly benefit from blocking the takeover since i'm apparently the last one to do things for altruistic reasons-became my best friend.His sucessful construction co was destroyed by the great recession just after he had built a large house for himself for the 1st time heavily mortaged. So to avoid foreclosure, in desperation he got into pennies and made a 40 fold return in 6 months w no dd whatsoever.He kept begging me to get into stocks -which is all he was then doing and so to remain friends i would have to follow suit bc i discovered he and his family were members of the 2nd largest pharisee biblical craft cult-so the only way i could try to save his and his families lives was to get into stocks w him.Since i despised the fraudulent market and was also concerned about the gambling angle i defered for 6 months but eventually got into to save thier lives and bc of the parable of the talents- i unusually had some extra money and money market accounts were essentially paying zero
SOP would be to tell the Romanian well workers not to divulge anything-should be written into their contracts- part of thier job-they are getting well paid as per articles on zn employee pay and like govt workers and spys would not be allowed to make money by divulging protected info
'If I can find this stuff with a few weeks of work, then the big boys that get paid lots of money have to be either with me or ahead of me.
But why is this share price and the volume so stuck? That’s what is blowing my mind."
those are good questions- there was a large pop in buying due to inclusion on the russell 2000 and 3000 and shorts are down as per volume bot
but you've also said a couple times recently you are out -no longer long and then you came back bc of posts encouraging you, as u said
so if you have seen such measurements why would you sell and no longer be long?
in a few minutes i havent been able to find social media comments by the well workers
which is why i wondered when 1 or more persons online addressed the size of the reservoir weeks ago
i meant a minister on youtube video
"The SEC will demand according to 8k ( if you tell one person you have to tell all persons ) etc.,"
yes, if they tell one person they have to PR or 8k within 24 hours
which is why i wondered when 1 or more persons online addressed the size of the reservoir weeks ago
We both estimated july 14-21 for a PR if people want to visit that reasoning
i look forward to going straight up someday -preferably sooner rather than later,but everything is delayed in the mess humans have created
the stock market is literally saturated w fraud that would be actionable in real life/elsewhere
an attorney would probably quote you 25k or higher for retainer for an action- very difficult to prove legal fraud- must prove 9 elements via the toughest standard - clear cogent and convincing evidence
dont know whats going on with accounting/auditing-the adversary knows how to stall things
easier to wait for form 10- either j.c. is one of those unlucky people who meet the full force of murphys law(the secular moniker) or he's a pathological liar-but the details of what he's said over the years are far too detailed for a pathological liar- liars usually deal in generalities
nice
low pressure of 29.67 especially for a place -the kibbutz - 627 feet below sea level- is quite low-are there unusual circumstances in the area other than earthquakes?
highs of 105-107? phoeniz 107 today but thats normal for phoenix
longs may have to pray for workers when temps get this hot to keep the perfect safety/health record
'Tomorrow will be 0 minutes 38 seconds longer' despite the summer solstice being past-odd-error? -should say 38 sec shorter
i like underground myself
'Is there a way to post [embed] one of these on the IH ZN Message Board ?'
ask one of the mods to add to the board information -that big summary area below the monikers of the mods
longs may have to pray for workers when temps get this hot to keep the perfect safety/health record -fairly high humidity also
complacency is easy when you're on the top like saudis were but now the usa is if you include nat gas
Israel is on this list but not saudi arabia despite usa help/100's billions to keep the oil lanes open-saudis having trouble w even yemen
if iran and iraq hadnt neutralized each other from 190-1988 and if usa hadnt camped out in saudi arabia iran would've invaded
http://www.businessinsider.com/these-are-the-worlds-20-strongest-militaries-ranked-2015-9
more cloak and dagger-would have to think
'Maybe they will even have to move that one place back to Jordan.'
maybe you could post beit sheans weather on a reg or semi reg basis so we know what the workers and equipment are dealing with
https://www.currentresults.com/Weather/Arizona/Places/phoenix-temperatures-by-month-average.php
https://en.climate-data.org/location/28707/
beit sheanis very mild for its location much milder in summer than phoenix and even places further n like redding ca which is near 100 for 4 months in the summer
sedona 4500' phoenix 1086'
phoenix 107 degrees today -not for me
temp rises or cools 1 degree for every 186 feet,ca 5.4 * every 1000ft plus vegetation cover esp high arizona forests cools things several degrees also
i agree-saudi aramco doing an ipo doesnt make sense given the public scrutiny -shows desperation for money?
gorbachek embraced glasnost but that didnt work out to well for him-but thats bc glasnost was the only way to survive once the people found out there govt had been lying to them
an ipo and allowing women to drive in the same year may be too much for powerful interests
they would have to open the books and either explain why reserves are so much less than publicly reported or face massive lawsuits later
https://www.newsmax.com/finance/streettalk/saudi-aramco-ipo-public/2018/07/06/id/870265/?ns_mail_uid=104292828&ns_mail_job=1801251_07062018&s=al&dkt_nbr=010502fzj53t
very interesting and 1 of the weather site pics showed bet shean-higher elev than the wellpad -was over 300 meters below sea level-
thats lower than death valley - the lowest place in the usa though death valley has 12000-14000 ft snow laden mountains nearby
I've met people who lived in phoenix who said they couldnt even go outside in the summer -so, as in tucson, all those who can afford it have a pool -but didnt see any pools in the kibbutz-they have to be hardy to turn that desert into fields
and the mountains in israel are so tiny they dont offer a lot of relief
articles indicate they/ve been hardening the nuclear reactors for security and probably for earthquakes-were those two cooling towers in the haifa pic associated with reactors?
yes the jordan river valley-which i estimated was only 3 miles from the kibbutz- is part of the african rift
was all desert and swamps before zionists drained such and used drip irrigation etc
wonder what they grow in the numerous ponds-fish?
https://nortonsafe.search.ask.com/web?q=jordan+valley+part+of+the+african+rift+plate&o=APN11918&prt=NS&chn=PIF001&geo=US&ver=22.9.4.8&locale=en_US&guid=FC7962A8-3A0B-42A9-92E0-CD7C3E61C3ED&tpr=111&gct=sb&qsrc=2869&doi=2017-06-13
yes those are the jordan mountains in the background of that pic-besides the greater distance you cant see their foothills bc they dont really have them and no visible habitation whereas the habitation of the west bank border mountains foothills to the S AND W are clearly visible in pics
that makes sense and somebody had indicated the photos and the copy right were divergent-i had not run into that problem before- but another problem is the terrible resolution resulting from a 1997 usa law concerned about israeli security -and google maps didnt even exist in israel until 1992 as per another article
https://www.google.co.il/maps/place/Sde+Eliyahu,+Israel/@32.4356485,35.5125356,2457m/data=!3m1!1e3!4m5!3m4!1s0x151c5f7a561c8ad5:0xefafc7d30d306e0e!8m2!3d32.441882!4d35.513803
except for the shadows which can be misleading near the solstice and thus i ultimately ignored them except to show we were looking east or west,i thought the same-that we were looking east as your map shows w the kibbutz to the left-north
i dont know where the radio station is except for the direction you indicate
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so this is Zions well pad supplied by lightrock from Zions site
despite the pic being taken ca 1hr from noon near the summer solstice(to make discernment of the location difficult?) the sun is still to the S(ca 21* N without looking up astronomical tables,cf to the ca 32*N of the well pad)
so we are looking either east or west-confirmed by the placement of nearby habitations- the background indicates looking E to the jordanian mountains-bc no habitations in those mountains visible -seemingly confirmed by riparian vegetation which flows east to the jordan river
everything indicates its likely the pic came from JRyans Southern marker
https://www.google.co.il/maps/place/Sde+Eliyahu,+Israel/@32.4323548,35.5126944,1228m/data=!3m1!1e3!4m5!3m4!1s0x151c5f7a561c8ad5:0xefafc7d30d306e0e!8m2!3d32.441882!4d35.513803
your S site pic which i have placed here ca 1.5" directly above the white Google nameplate in the pic is promising bc:
1)2 gravel roads at right angles
2)light colored monoculture fields surrounding the site with nearby green fields
3)will have to compare the background of the drill pad pic w google sat map
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this image is something i'm using to lay the foundation to try to find the drill site from another perspective since google maps are not helping us due to a 1997 usa law which prohibits usa map companies from using good resolution re israel
in the pic above we see the far N part of the kibbutz looking S(confirmed by the shadows which fall east-west) to the west bank mountains which form the boundary of the west bank populated w visible homes etc at the non-west bank base/foothills of those mountains.-there are no such habitations at the jordan moutains across the jordan river-so thats 3 confirmations we are looking S in such kibbutz pic
the top N site in your pic was my original 2nd choice(later 1st choice) and also the coordinates supplied by lightrock but I later saw a small grainy pic of that site - those are grain elevators
I will take another look at the S site-
the drill pad pic supplied by lightrock i will then post- shadows are not much help in such pad pic taken near noon near the summer solstice -but preliminary observations of the back ground in the drill pad pic i will post are that the pad IS S of the kibbutz bc no habitations or kibbutz are shown in such pic and that would be hard to do from an angle N of the kibbutz
reason for poor sat map images of israel-so google earth from another article didnt even begin in israel until 2012
so would have to use goturk sat images?
https://www.motherjones.com/politics/2011/06/google-israel-us/
'I'm not sure that copyright is related to date the image was taken"
in my experience copyright accurately detailed date of images but might not in israel for reasons unique to israel as noted above where i never used google sat maps before-so a learning experience for me also
the only logical conclusion-if the pad is within the logical limits of the outlying kibbutz land-is that the pics were taken before the well pad was built early 2017 and the copyright does not match the date of pics for reasons unique to israel
but at least i found the kibbutz on google etc maps so we have a much better idea of location etc
thats 1 of 2 possibilities i saw outside the red borderline of the kibbutz
those are the grain elevators,which i discovered via other means-the site of lightrocks coordinates-which on the free zoom earth program shows nothing but green field -indicating a crop of years past or from another season
perhaps the company can give us the coordinates -the pad is obviously very noticeable to anybody on the ground so any jihadists could easily determine its location anyway
if the well is within the fields that presumably belong to the kibbutz it should show the rectangular? site despite the poor resolution if the google sat pics were taken after the site was completed march 2017
unless the kibbutz owns land set apart from the rest of its land and thus is further away from the kibbutz