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I can't help but be a little bit suspicious of the timing of the "news" of the SEC whatcamacallit. Zion will be announcing its oil/gas find victory soon, or so I think. That said, let me spin a wild conspiracy theory.
First, look at Ezra 4, which details the trials and tribulations involved in the rebuilding of the second temple. Notice that the folks occupying the land offered a hand but were rejected. In effect, with the rejection of co-operation from the Israelites, the people who were attempting to maintain their control of the value in the territory lost it, and so, what did they do? They turned to leverage behind the scenes with the king of Babylon.
OK.... so consider the facts about the number of entities stocking up on sizable positions in ZN.... various ETFs & mutual funds & acceptance in the Russell, and so forth. Also consider the non-denial denials of one company, Genie Energy (GNE: (purportedly sitting on a huge find in the Golan). Now check out the pedigrees of the "advisory board" of GNE.... reads like a who's who of the deep state.
https://genieoilgas.com/about-us/strategic-advisory-board/
Richard (Dick) Cheney - 46th Vice President of the United States. Vice President Cheney also served as President and CEO of Halliburton Company and U.S. Secretary of Defense from 1989 to 1993.
Marry Landrieu
United States Senator from Louisiana from 1996 to 2014. Senator Landrieu served as chair of the Senate Committee on Energy and Natural Resources. In her capacity as chair, she sponsored and passed the U.S.-Israel Energy Cooperation Bill.
Rupert Murdoch
Founder and Executive Chairman of News Corporation etcetera
Bill Richardson
Governor of New Mexico from 2003 to 2011. Mr. Richardson has served as U.S. Ambassador to the United Nations (1997-1998), Energy Secretary in the Clinton administration (1998-2001), Chairman of the 2004 Democratic National Convention, and as Chairman of the Democratic Governors Association.
Jacob Rothschild, OM, GBE
Chairman of the J. Rothschild group of companies and of RIT Capital Partners plc. Chairman of Five Arrows Limited. Lord Rothschild is a noted philanthropist and Chairman of the Rothschild Foundation.
Dr. Lawrence Summers
Charles W. Eliot University Professor and President Emeritus at Harvard University. Dr. Summers served as the 71st Secretary of the Treasury under President Clinton and as Director of the National Economic Council for President Obama
R. James Woolsey
Director of Central Intelligence Agency (CIA) from 1993 to 1995 and as Under Secretary of the Navy from 1977 to 1979. Mr. Woolsey is co-founder of the United States Energy Security Council and is Chairman of the Foundation for Defense of Democracies.
OK... so just speculating, with ABSOLUTELY ZERO factual basis.... but lets say there really is huge oil under the Golan and that another massive find, close to it but INSIDE UNDISPUTED ISRAELI TERRITORY has been now been found by Zion Oil (ZN).
Ask yourselves: "If I'm a bigtime deep state swamp creature and I'm deeply sunk in an oil find in the Golan, which may not be at all valuable due to strategic geo-political vulnerability in the Golan.... If I want to get rich and another company (ZN) has found oil nearby, in the same area, but inside Israel itself, how could I use my deep state hidden powers to steal the other company's find?
Answer: "Gin up a fake controversy, (akin to a fake accusation of Russian collusion, for example) via a fake SEC investigation (that ultimately generates no violations of any SEC regulations) that drives prices down so I can accumulate at a discount, and which allows me to sacrifice the Golan in the name of "Peace" while financially benefiting from the gigantic find the other company has discovered (Zion Oil, for example). I'd say such an exercise of deep state raw swamp power would do the trick.
Just a theory. Just a wild theory....
Just saying'..... I've ZERO EVIDENCE BACKING ANY OF THIS UP. Just thinking out loud. Just read Ezra 4 and think horizontally and longitudinally.
Imperial Whazoo
Say, are there any aspiring novelists out there on this blog? I'd say I've just spun out a very good spy thrill-style paperback's plot, right?
EDITED... never mind. Found it. 8K
Would somebody please post an actual link to an SEC investigation? Reports by various blog sites not real evidence, IMHO. Actual evidence would be nice.
Imperial Whazoo
Well, that was a rather plain statement of price level support. I was sitting here calculating an end of day buy and BAM!!! It moved before I could even blink. I was hesitating because I needed to see some kind of confirmation of whether the levels it had been floating (in the 3.80 range) were going to hold or go down further. Well, I got my answer, LOL. Looks like the level the buyers want is going to be no lower than 3.80, and it may yet be declared to be above 4.00. We'll see.
Also, it may be that there will be news coming really, really soon. An old saying on the street is that somebody always knows something. We'll see if that's true. Here's hoping!!
On a side note.... man is this "trade war" market hard to trade! Just once I'd like to get a TVIX or a SVXY trade right. Just once!! Unbelievable manipulation by the plunge protection team, if you ask me. They will so almost anything to keep the markets from behaving normally. Control fraudsters operating along completely flawed idea lines, if you ask me, but it is what it is. Not really "idea lines".... more like "idea ruts".
Imperial Whazoo
Uh oh... when Cramer gives anything the "nod", its like roadrunner handing wylie coyote an anvil and dropping him over the ledge edge.
Bee-beep.
Bye bye.
Imperial Whazoo
Regarding dates of Zion oil sat photos:
I once had an opportunity to buy a book's plates. The plates were of older versions of a research bible that was originally published back in the 19th century. The creator of the new version who was trying to sell this to me told me about how you go about getting new copyrights on older docs. Long story short, the "trick" is to modify multiple spots in the previously copyrighted data where what you do is copyright specific changes but you get to generally declare copyright rights without having to specifically tell anyone where the exact new copyrighted data resides in the documents covered by the copyrights.
Transport this info to the current matter of the dates of Google copyrights of the sat photos.... Think for a moment about the perpetually updating process Google has itself involved in as it keeps its sat maps current. They absolutely have no choice but to cover the overall data sets of which the sat maps consist with general copyrights because, otherwise, they would be deluging users with unlimited notices on each and every change that they necessarily have to be making as the essence of their ongoing map services.
As a practical matter, then, it follows that the latest dates we see being discussed here are not dates referencing specific pages of data. There is, intentionally, no 1 to1 relationship. Simple as that.
The reality has to be that the maps we have were old photos and the new dates on the current copyright notices on Google maps cover the entirety of the maps in an umbrella fashion.
This thus explains the inability to clearly ID the well site. The photos pre-date the drill work. Simple as that.
Hope this helps.
Imperial Whazoo
Somebody is "blocking" movement of price to the upside by putting 60K plus on the ask at $4.13.
Not able to focus exclusively on ZN so I can not say for sure, but I was looking for "size" on the ask yesterday and the day before so I could do a quick large size buy at ask, a clean and done buy, but I never saw that size on the ask yesterday, so I think its some deliberate attempt to block a rise today, which is a truncated trading day. Someone intends to impede price rise into the shortened day's close today, or so it looks to me.
Imperial Whazoo
What I recall from an old post from someone was a caution that the timing of the actual delivery of shares obtained via exercise of warrants was controlled entirely by the company. Time between exercise and actual issuance was not defined. That was the gist of the posts about this matter.
So, if that is true (and my recollection was that somebody cut-pasted verbiage from the filing itself to prove this point), then the imprecise & unknown timing of the release of news would actually retard the flipping of shares obtained by exercise of warrants.... AT THIS TIME.
Consider the various scenarios:
The warrants might well get exercised and news could come out and such a person would end up with warrants that are not yet showing up in their account. The uncertainty would mean that a person could get caught betwixt and between. Alternatively, if the news were bad, and if they had spent the money right now (pre-news) to exercise the warrants, they could actually end up in a losing position.
So I do not think that these warrants are genuinely dilutive. Not yet, at least.
So, since the volumes are low today, IMHO, the reality is that there is not a rush on to exercise the warrants. My guess is that people will be waiting till news firms up the direction of the price chart.
IW
Yeah, but this being the third instance in the recent days, notice that the price level is about 10 cents higher each time. Some entity or entities causing this. Does not seem natural. Don't have any argument explaining it but it is not the norm in candlestick charts for the price to hold at a flat line for time durations such as we are seeing. I'll sure make mental notes. I've been into candlestick since Steve Nison's 1991 book and I have never seen this happen before. Only in low volume stocks is there this behavior, in my experience, and this stock is not a low volume stock. My guess is that it is proly caused by the strong belief in the market that the next thing we are all going to experience is historically fabulous news. The outcome is proly gonna be either a huge upside move if the news is fabulous or a monumental collapse if the news disappoints.
IW
Well, that Ezek passage says that the players who will have a hook in their jaw to draw them down into that prophetic event include, but are not limited to, Gog & Magog. So, frankly, it is obvious what part my comments play in relation to your post. And I did not miss the mark. You did. IMHO, you are just being argumentative and its a waste of my time, so either let it go or post lengthy stuff. I don't care. I think its pretty cool to be involved in this company because I think prophecy is coming to be right in front of my eyes. Dry bones, baby. Dry bones.
As to whether Zion is some how prophetically connected, all kinds of folks, yourself included, think that such a thing is entirely possible.
Might I suggest you read Ez 38 before lecturing me about how my comment is somehow unrelated. I don't have time to argue so figure the connection out for yourself. Zion is pretty cool if it is playing a part, though. All I know is that prophecy is, in fact, being fulfilled right in front of our eyes, and like many, I personally believe that Zion is in the mix somehow.
Please, just leave me alone. Like Jackson Browne famously says in one of his tunes: "I get tired of all this circling."
IW
Yep.
I like the fact that it closed just slightly below 4.36 (look left to see that 4.36 high) Also, the long tail on the candle is primo. And also, the volume to beat is way higher than the volume today (again, look left & compare). The volume tells me that the buyers at that move (ie, the volume of their buys) are not sellers yet. So, that means we are looking at accumulation. Rare run up opportunity, boils & goils.
Imperial Whazoo
Edit addition:
I looked up, after posting my comment (below) and noticed it at $4.03. Gotta say..... their ability to flatline price seems to have evaporated. I like the way this thing is running towards the EOD.
Edit ended
I've listened to him on youtube and I can tell you with 100% certainty that he has a very well defined comprehension of who Gog and Magog are. But I agree that it would be inappropriate to attempt to draft him into getting involved in Zion Oil publicly. Such a non-spiritual endorsement would be inappropriate, IMHO, because Zion is outside of the interest area he could logically be expected to gravitate to because he is a missionary and Bible teacher.
Imperial Whazoo
Well, it looks like the (whoever "they" are, LOL), are flatlining the price again, just like the other day when they flatlined it at 3.86. Of course, look at the price level... they are losing ground. Last time they had the "power" to flatline it. it was 10 cents lower. So, they thrash it around and go up and/or down but in the end, they are impotent and lose ground because its flatlining at 3.96 today. Keep it up, whoever these "they" are.... I'll play the thrashing being engaged in with delight. Thanx for the money, oh you "they" players. Thanx for the money. LOL.
Imperial Whazoo
Excellent example of taking initiative. Great thing to do, so, on behalf of the folks, like myself, who would benefit by being kept informed, let me just ask this:
Will you please post whatever answer you get to your phone call?
TIA
Imperial Whazoo
Thats exactly why it happened at the final 2 minute point.... to enable the least possible movement while, at the same time, accomplishing the stepping into of a huge position. That, folks, is a pro managing risk very professionally.
Imperial whazoo
Well, that was a very thorough PR.
Time to wait: several weeks
News releases we can expect to see: Nothing to be released until the end of the tests
Price after hours tonight: up a bunch
Forecast for tomorrow AM: Open up, flash up, return back down somewhat more slowly, then level off.....
...and we wait..... for an indeterinate span of time. Enjoy bickering for a while, folks.
:o)
Imperial Whazoo
Oh, and thanx Tab, for the private message. Notice a missing post? LOL
Yeah, the Board and the Advisors of Genie read like a working list of the who's who of the deep state, LOL. That is one reason I like ZN better.... it's not a nesting place for profiteering war hawks, looking to drag the world into another conflict in a geographical area replete with dangerous setups. Zion is looking for oil. If it finds it, it may well be the hook in the jaw of Ezekiel 38, but at the very least, its not a company where the halls of its power are shadowlands where creepy connivers lurk in darkened doorways, flitting about like bats at dusk.
Imperial Whazoo
Hey, I'm just using the other posters numbers. I neither agree nor disagree with whatever numbers got put out there. All I'm interested in is evaluating the value today of the two entities verses the single entity back a couple or three months ago. If you either can not or will not be helpful in laying the two options out side by side so the valuations can be compared, please, at lease TRY to not have either an over the top negative or an over the top positive bias. OK?
TIA
IW
So, basically, its .35 for the FORK side AND..... is the other side of the two separated companies also about the same or is it either more or less?
Point is, compared back to the pre-event pricing, how do we stand with the two entities as of right now?
IW
Thanx man.... It really helps when I ask a simple question and someone is actually gracious in reply, LOL.
IW
Well, I looked through all my news links to see whether there was something causing the move, but I could not find that info. Do you mind posting whatever link you have that made that info known because my search for something of that kind drew a blank.
That said, I think that, as a day trader, I'd perish rather quickly if I did not rely on the rule that "You trade what you see", so when this thin charged up in that massive 1 minute move, and I aw no corresponding sell down (people taking profits), it was a classic example of this rule.... trade what you see.
So, again, where did you find the info that there are buy-out rumors?
TIA
Imperial Whazoo
Let me join in and say that I day trade it and there was just a major buy that renders a rather firm opinion of the value in the offering. Since the major move up in a single minute was on excellent volume that was not mirrored, as of yet, by corresponding profit taking, it looks to me like all the short artists just got their heads handed to them by a big player who knows how to force the shorter to sell by stepping into this stock in a big, quick buy.
On a 3 minute chart, the buy was 241K shares in 3 minutes on a price of $273.45 to $300.00 There was no corresponding crash of profit takers. Thats why I see this as a big player taking out the "all-too-self-assured" short artist as the low hanging fruit that they were. And having forced all those shorters to cover their shorts that way, and given that there is no corresponding crash back down, this thing looks to have a toe hold, at the very least, at the level just below the offering price. As far as the chart itself goes, it looks to me like the market has voted on whether $305 was too high a price for the offering, and they have registered their opinion as a very affirming "YOU BETCHA" in favor of (in support of) that $305 offering price as being supportable.
I mean, lookit folks..... the volume was 241K at a approx $286.5 average price of the 3 minutes of buying... thats $69 million value of the trade that happened in that 3 minute span. Thats huge, even for this stock & if the short artist that have dominated the posts on this board are representative of the market prior to that 3 minute move, then the fact that this did not crash after the move is very, very instructive.
JMHO, but thats how I see it.
Imperial Whazoo
Its altogether different. For one, the gas field is off shore. On shore, the politics of UN & world opinion undermining Israel are in play, while they are not in play at all off shore. A deep well that has multiple zones that can be perforated to create a shallower field in the entire northern border area is quite a big political problem, given the Russian, Iranian, terrorist, Turkish etcetera military presence in the areas immediately to the north and north east. It's political problems that will dictate the pace and nature of developments. Thats for sure. And it could cut either way. The pace could be dictated by the Israelis to be blisteringly fast or it could be frustratingly convoluted and drawn out. Whichever way, fast or slow, if a huge find is confirmed, defending that area will require lots of military involvement. Mr Brown can have the best of characters, which he apparently he has, but if the government says "Jump!!", everybody jumps.
Imperial Whazoo
Good answer and very logical. At least you're not recommending that they spend the time in the remaining weeks suing people, LOL.
I figure that, as an unspoken reality, the elephant in the room is the political situation. Aany governmental entity is going to fiddle faddle and be inefficient. Thats the nature of the beast. So, the big dog with all the real momo in this is the unseen hand of politcal realities.
If the government says "Run at breakneck speed!", ZN will do as you say & they will not test the zones you talked about. On the other hand, if the reality that dictates is political, the delays will be "explained" as testing of these zones,(because governemental entities always obfuscate). Thorough testing will be used to buy time to fiddle around with the political issues. Thats my cynical, not cost efficient, expectation. At this point, IMHO, unfortunately, this puppy is not dictated by logic or reason or efficient use of money. Its into the political. As a matter of fact, the counter intuitive probably dictates.
Just my lame opinion. It is what it is.... peering into the murky dimness and trying to make out shapes in the shadows..
Imperial Whazoo
Another thought I have is that they have is sufficient money, as they said, for what they plan, but not for a war on shorters. It needs to sink in with the people who keep posting about waging a war on the shorts, that such a war on the shorts would cost money. I get weary of the unfair rap Zion has gotten here today for not opening up some kind of formal rebuff to the shorts. I'd much rather they spend on the well and on it alone and I'm perfectly content for the short artists to get their just dues as a matter of natural market forces. Waste no money on shorters. Its like swatting mosquitoes in a swamp. Endure it. Efforts to flail the air to address the shorts are a waste of both energy and money, especially given the 18 days left to endure till the clock runs out on the time in which to cover. Just forge ahead with a steady jaw and endure for but a little while more.
Imperial Whazoo
Tisdal - Up till now, I've seen things as you do, pretty much, but as regards the following, this is no longer the case.
Specifically, I would appreciate you elaborating on what you said, which was
Yeah, you did, and you said it well. but the incessant thump Thump THUMP of these nay sayers makes me think that there is value in being excruciatingly obvious. It is aimed at disarming the doubt that might creep in due to the constant "incoming" rounds of deliberate dishonesty. I mean.... I'm proly protecting my latest foray into the shares from decline.... ya think maybe?!?
And remember: nearly 10% professional players are in this puppy. I'd say that I'm not the only serious trader favoring ZN.
Make money today, my man. Make money!
Imperial Whazoo
Of course they haven't.
What else would be logical than for it to be unstated? To quote my neighbor's kids: "Like Duh!"
Imperial Whazoo
If there is not commercially viable oil, then Israel has no need to devote special resources to protecting the site. If there is, they have to do so, big time. Thus, it is 100% logical that the government over there has a seat at the table.
Ask yourselves: when would enemies want to act if there is oil? More precisely: are there two types of threats.... one from hate filled terroriats who simply do not want Israel to have an oil field.... and a second kind of enemy who wants the field to be found, who wants the development to be done, and who then intends to take the asset?
There are three cases to consider from a governmental/military point of view:
a) no oil or too little oil
b) oil that is there but the size is not yet determined
c) a huge field
In the case of a, there is no threat of destruction of the site. In effect.... who cares, in case a.
In case b, the type of terrorist threat is from small time actors who would not want Israel to even know. Protecting the site before it is developed would be the problem needing solving.
In case c, this is the real threat. Because there is value in a developed field, there is a huge need to protect the asset. The greater the asset, the more the enemy would want to take it intact, (if, for no other reason than the costs of development). State actors would want to seize a developed field rather than seize it and have to develop it. Remember all the burning wells in the Kuwait war.
My point is that there are rational reasons for delay. Even for an enemy of Israel, it would be of interest whether there is oil in commercial quantities. And actually, whether Israel has oil here is quite a different matter than the issues arising out of a large find that is in the Golan. In that instance, the argument from the international community will be that Israel is occupying the Golan illegally. As such, any oil there would be said to be Syria's. Here, in Megido, the area would actually have to be militarily conquered. The defensive needs of each case differ substantially.
So, it makes sense for Israel to control the timing of news. I think that the recent massive night-time bombing raids of Iranian ammo sites in Syria were related to the need to eleminate the threat of missile attacks by destroying the missiles before they are distributed all over Syria. A similar set of considerations would be relevant to enemies of Israel as regards the timing of anything they might attempt to do if a large oil find is reported.
From Israel's point of view, control of the news is critical. As a governmental reality, Israel has a huge interest in knowing the dimensions of the problem they have on their hands. As investors, it is irrational to refuse to recognize the importance of these realities, so, as far as I'm concerned, it is nonsensical to cry about it as though it is hard to understand and/or hard to explain.
As kids say today: it is what it is. Deal with it.
Imperial Whazoo
I, for one, both think there is a huge oil find here and that it will be commercially viable.
I make money trading the shares repeatedly. Everyone else here seems to buy & hold and thats why there is so much worry. The difference is, I suppose, that I day trade for a living. Basically, the idea is to buy, sell at a profit, buy again (more shares the next time) and do it again. Time it this way and I end up building a substantial position. I personally think very few people would be complaining if this was the general approach taken, but to each his own. So, argue amongst yourselves. As for me, I'm sitting pretty, over here on the side lines drinking a cool drink in the shade. Works better than getting my panties in a wad.
Just my way of doing it. I recommend it to everyone, to be honest.
Imperial Whazoo
That is my exact opinion, too. There is great danger in the northern areas of Israel & the vulnerability is distinct. So, there is going to be a timeline that is dictated by entities other than Zion corporate needs. For example... what impact, as regards a hold up, did the move to a new embassy have? I think that such things as that intervened to hold up an announcement. And I think the air war that Israel is having to fight against the Russian anti-aircraft missiles that were intended for the Iranians was also responsible. And so on.
My opinions only.
Imperial Whazoo
Late in that article, this quote:
Buy it every time it dips, man. And if the stock is worth holding (buy and hold, like we were all in the wayback machine in 1960, is a dead strategy), why isn't it worth selling at the tops and then re-buying on the following pullback? Thats my take, man. I no longer believe in buy and hold because it just does not work. Not for stocks not called Apple, that is, LOL.
Buy sell recycle. Thats the ticket baby!
Imperial Whazoo
And on those two days back in March, the volume was much higher, and what that tells me is that there were buyers at the $4.00 level, most of whom are still in their shares. And how do I know the buyers are still in it? Well, common, old fashioned math. Just look at the volume on the day it climbed out of the flash crash: 3.6 million on 3/29. ( And consider that even on the down day, every seller had a buyer, didn't they?)
So, since then, volume has not traded on any day or any set of days. Volume since then is balanced: down day volume compared to up day volume... essentially equal. So, that means that, until more volume shows up, there is a supply of shares bought that day that are not being dumped. So, with volume telling the story, a down move like today was a buying day for folks who are looking to get in on the cheap.
Thats my read of it.
Imperial Whazoo
Edited.... this was a reply to the comment about the volume days at the end of March. I re-read my post a moment ago and realized that starting with "And" was too open ended to be clear. Sorry for the confusion
Yep. 2 million. And raising 50 million minus "expenses".... Nice work if you can get it. LOL.
Imperial Whazoo
I think you are absolutely correct in that "reading between the lines" summation. I also think its more than the Zion find. I think there were lots of politics going on.
I think that the threat to the Golan Heights by the Iran/Syria/Russia alliance was the political cause of the "announcement" that there was no oil up there on the Golan & I believe that there is a real possibility that the Israeli MOAB "earthquake" bombing of the recent days was so big a victory, in terms of weapons destroyed, that there is now room to operate in both the Megiddo region (Zion) & on the Golan (Genie).
That raid, IMHO, has been something that has LONG been sitting on the back burner, waiting for the right opportunity. Then there arose the need to protect the Zion find. Until the Zion find, the politics in the world were too hard to navigate for Israel to justify the raid on the ammo dumbs & missile bunkers. Then, the Russian missiles began to get ito Iranian & Syrian control, and there was no option but to pull off last week-end's raids.
If Russia had stayed with the policy of controlling the missiles themselves instead of delivering them to the Irnians & Syrians, then..... no raid, probably. But, they screwed up & Israel bombed. Game over.
I think that its not just the Zion find. I think that the massive ramp up of troop activity by the bad guys, a largely under-reported increasing Hezbollah threat to the Golan that kept getting more dangerous to Israeli interests up there, plus the military cargo supply flights into Syria, and the decision by Russia to finally deliver the A-400 missile systems they have long "promised" Syria.... all these things led to the pulling of the trigger on the raid last weekend. And the net/net of that raid was that there was such a huge victory that the threat to the Golan heigths diminished enough for Genie to magically reverse themselves and.... low and behold.... Oil! Whoda thunk it?
If Zion is real, and my money is in the game so I'm not equivocating (I think there is some real big oil, baby!!).... but if the Zion find is massive and real, and if the net/net of the victory that was obtained via the MOAB bombing.... all in all, my read is that the threatening military pressure is now off of both the Golan (Genie) & the Zion area.
As a point of fact, I think that Israel has deployed technology from an Israeli company called RADA (lised in New York.... checkit out)
....and so, the victory over the bad guys last weekend, together with the RADA technology serving as defense both in Golan & at Zion, will enable both Genie & Zion to complete their wells and operate them in safety. Thats why the announcement from Genie re-appeared. And next up.... Zion!
Thats my take. If Zion had not found oil, then maybe the raid would have still been held back, but because there are now two giant finds needing protecting, the necessity for the MOAB bombing was made undeniable, and the net/net was a huge military victory. Then, immediately after that bombing had inflicted its massive damage, Genie issues a re-announcement that there is, in fact, oil on the Golan.
Thats my read. It as an opinion only.
Next up.... Zion oil makes major announcements.
Imperial Whazoo
Nice after hours nmove on news of NBA partnership/deal with the Knicks. I almost bought today's low but got distracted trying to milk a profit out of another stock and I missed the buy point. Hindsight, LOL.
Imperial Whazoo
Did they ever close on the hydro dam in New York or is that still in limbo?
IW
Yeah, Laser is BLKCF's baby.... theirs. They are the idea generator here and they are NOT using something that has come from some other outfit.
Also, look at the pictures. The team is pretty much the same as the team at BLKCF, too.
So, this is the "genius" idea underlying the direction that governed the fork & split into two companies. These guys were NOT behind the door when brains were pased out.
Imperial Whazoo
Now thats cool. SWIFT is the computerized money-exchange system that allows nations who trade together using the petro-dollar to efficiently transfer money amongst themselves. SWIFT is thus an obvious template on which to base a similar system facilitating commerce between the many different blockchain currencies.
The European "royalty" banks who own the SWIFT system make untold quadrillions of fee based "value" by acting as the switching yard for international trade transactions. If blockchain based exchanges are to have a future, there is a distinct need to control the interactions between cryptos. With this PR, it is clear that BLKCF "Gets It".
And here's what is REALLY important for BLKCF: if they somehow manage to succeed as at establishing themselves as the crypto equivilent of SWIFT, BLKCF will reap an absolute FORTUNE in fees.
So, now, the issue is for BLKCF to elaborate on some specifics on how they plan to embed themselve at the key junction-point in the emerging crypto world map.
So.... what an excellent piece of news this is, but until they have a toehold that turns into a foothold that turns into a genuine footprint, this thing will hove on the edge of exploding, IMHO. Hopefully, it will creep up and creep up and creep up. Slow and steady wins the race.
It is obviously extremely good news, but..... Promises, Promises.
I love it, to be frank, and now I wait for the other pieces to get put into place. IMHO, judging by the manner in which they have comported themselves thusfar, I don't expect them to make mistakes of any kind as they move forward. Stay tuned, I'd say.
We have some seriously thoughtful people inside this company who are acting very precisely to move this little company forward. This one is NOT all flash with no substance.
Imperial Whazoo
The gift that keeps on giving is a promise right now. The package is all wrapped up in 33k worth of ribbons and sparkling wrapping paper, but it remains to be opened and, at this point, all it is is a nice looking package. The actual items they sell into a disruptive technology industry, on the other hand, are real cash items.
I bought this puppy because of the crypto dominance of their hardware and because of the promise of low cost power from a hydro property they said they were just about to close on. I came to find out they were emphasizing a finance arm and a licensing/manufacturing deal that was yet to be delivered for real.
Anyway, I eagerly listened to their "openness", on display in their frequent web events. At first, they impressed. Then they bought more and more things on debt of one kind or another and they never quite closed on the hydro and they never quite got around to telling us (or showing pictures of) their crypto mining rigs. They trumpeted the big machines, but those also never quite came to a close. They got their finance vehicle licensed and thats not bad news, but all the other stuff.... not so much.
Now we find that there is a $33K monthly consulting contract that serves as a money drag.
All in all, I am displeased and tired of hearing about those magnificent big machines. I am tired of NOT hearing that the hydro dam is actually closed. I WANT TO SEE THEIR CRYPTO FACILITIES. Do these guys even know about youtube?
Its called youtube, Mr. Ault, & there are innumerable examples on it of companies who take the time to demonstrate to their investors that they actually have mining operations up and running. I go to all kinds of other sites and see them do youtube vids of mining operations and so forth.
I want to hear fewer promises and see real money flow. The big iron is a promise. Its a really cool piece of technology. I get it. But quit telling me promises of trips to Neverland, Mr. "Peter Pan" Ault, and come to grips with the idea that I'm representative of a lot of people who would welcome something other than promised big deals and new debt filings/expense items.
Give out news of the humble little stuff that is the bread and butter that pays the debt and the $33K monthly contract. If the big deals come to fruition... hallalluia! In the mean time.... how about showing off your mining sites and how about closing the deal on the hydro dam?
Imperial Whazoo