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Cascade you are absolutely correct. Everyone with long shares could/should hypothetically sell all and reinvest all in new OPTION shares. It would be a win win for both the investor averaging down in cost and also help fund Zion Oil. ONLY drawback is the flexibility to trade at will - it takes a minimum of 2-3 weeks to have newly printed shares transferred from ZN to AST and back into home brokerage. Actually the large investment/hedge funds are doing this exact thing (hence the recent drop in ZN's ppps but they are also simultaneously funding ZN which is completely ok - even though their primary short term purpose is simply to have have more shares to short...) Its OK no worries as God is using their money too to achieve his purpose :) WHEN Zion announces their TD gusher, the shares will jump past $5 and ZN will have record windfalls of cash funding - so much so they will likely have to close the funding option early (which they can choose to do if price exceeds $5....) God has this all planned out!
It may be speculation but I can tell you the MM's have put ZN in a holding pattern and I watched them remove the cheap options.... Clearly something spooked them.
-buy the rumor
DEFINITE HOLDING PATTERN. MM's are checking their sources this very moment....
Something happened around 10:00 am. Strong buying and seemingly MM's have in a holding pattern around 2.70. MM's cheap Dec option selling evaporated. Good job Bliss on the early AM buy-in on the $5 calls :)
Who has heard of reports of IDF at drillsite? Thanks in advance.
Major earthquake beside Bali's active volcano Mt. Agung. Just occurred about an hour ago - and I believe Bali's Mt. Agung will be the "sign" prophesied by Mark Taylor: http://www.express.co.uk/news/world/870448/Indonesia-earthquake-6-7-magnitude-Bali-volcano-tsunami-warning-ring-of-fire
Dec 15 $5 calls are just 15 cents :)
What we are witnessing (like with the last $250 unit offering) are large investment firm BUYS of ZN's $250 unit offerings. They MMs are driving price down to avg down their unit purchases - then, once issued and transferred into their ZN share "bank" they will definitely short and hold warrants as insurance. Simply smart shorting risk mitigation. Double edged sword, yeah it hurts the PPS of ZN in the short-term, but the proceeds support continued drilling and production plans. No worries the oil will spring forth just like the prophecies and scriptures read.... and SOON Lord willing :)
Zion Oil and Gas Inc, Inst Holders, 3Q 2017 (ZN)
BY Dow Jones & Company, Inc.
— 3:23 AM ET 10/22/2017
The following table shows the largest shareholders in ZION OIL & GAS INC COM (ZN) for the quarter ended September 30, 2017, listed by holding size. The list represents up to 50 of the largest holders in the company.
Note: Unless otherwise mentioned the reporting date is 09/30/2017
Institution Shares Shares % Last
Held Changed Held Report
BlackRock Fund Advisors 334,157 132,569 0.644 06/30
Geode Capital Management LLC 222,752 74,569 0.429 06/30
Bridgeway Capital Management 142,385 0 0.274 06/30
The California Public Employee 115,780 (115,780) 0.223 06/30
B. Riley Capital Management LL 76,070 76,070 0.147 06/30
Northern Trust Investments In 67,447 1,478 0.130 06/30
The Bank of New York Mellon Co 31,030 (22,705) 0.060 06/30
SagePoint Financial Inc. (Inv 30,591 4,591 0.059 06/30
LPL Financial LLC 30,021 216 0.058 09/30
CSS LLC 21,132 (8,628) 0.041 06/30
T. Rowe Price Associates Inc. 21,100 0 0.041 06/30
Why partner when you can just hire? No need to sell part of the farm.
Prophecy video update given by JOHN BROWN the founder of ZN:
https://www.zionoil.com/updates/video-update-from-zion-oil-gas-founder-john-brown/
Relax everybody on the price drop. Consider if you will a few large holders that might have two to three million shares and they want to simultaneously bless (by funding) Zion by selling their current holdings in order to average down with new shares with lower price warrants.
If every current shareholder of Zion sold their existing shares and took part in the offering they would actually come out ahead about 15-20 percent after their warrants exercised. The only drawback would be the lack of ability to day trade should a major announcement hit the news... By taking part in the offering one has to wait a good month before the new shares are actually issued a transferred out of your AST account back to your brokerage. It's amazing how many factors are in play right now regarding the valuation of Zion oil with what's known and unknown! God is setting up the perfect storm for when the big news hits. Maximum short-covering pain compounded because everyone in the world will one in just a little bit because the story is so good!
what that means is nobody is selling lol... or buying much either... mm's don't know what to do lol MAX shorted .... need news up or down...
Prediction ZN will not have to partner with anyone and will actually have to halt the recent offering early. PERFECT STORM: As ZN continues to drill, we wait for word on hitting the TD gusher. With recent update and offer program, the "stage" is now perfectly set for fully funding a massive influx of cash for production build-out multi-rig expansion. Think about it - if ZN strikes a gusher and halts further drilling - this news will send ZN to $15-20 overnight. And then, new investors (including BIG PLAYER hedge funds from all over the world will want in a very bad way) - and guess what? yes the recent stock w/warrants offer will be the MOST attractive for new investors. ZN coffers will be literally be so flooded they will have to halt the program early (a good thing :)
Founder of Zion Oil: John Brown's video update and testimony discussing God's WORD and inspiration prophecy for the creation of company ZION OIL and GAS
https://www.zionoil.com/updates/video-update-from-zion-oil-gas-founder-john-brown/
Pre-market spikes are usually a "tell" signal that news is coming. Look for positive press news report to be released this morning.
Even so, the MMs are keeping ZN in a range between $3-$3.50 ... for now
Still waiting on pending TD elephant gusher...
PERFECT STORM: As ZN continues to drill, we wait for word on hitting the TD gusher. With recent update and offer program, the "stage" is now perfectly set for fully funding a massive influx of cash for production build-out multi-rig expansion. Think about it - if ZN strikes a gusher and halts further drilling - this news will send ZN to $15-20 overnight. And then, new investors (including BIG PLAYER hedge funds from all over the world will want in a very bad way) - and guess what? yes the recent roll stock w/warrants offer will be the MOST attractive for new investors. ZN coffers will be literally be so flooded they will have to halt the program early (a good thing :)
The discovery in the Golan by Genie Oil remains a mystery and by that I mean very little details have been forthcoming after the initial announcement. They clearly found something that they liked in their 350 mt potential reservoir zone and then they went silent perhaps at Israel's request. From looking at the rig that Genie used to drill, I don't think they could go much deeper than 9 to 10k feet. I have a feeling their head geologist wished they could go 5k deeper. This geologist now works for Zion...
What is the current drill stem width and is it possible they may not need to reduce down to 5" ? Assume porous soft reserve material?
5 immediate takeaways:
1. remaining short interest positions will now decide to cover @$3-4
2. ZN self funding mechanism is now IN-PLACE to fund future production + drilling (the short hedge funds were aware of this financial need and knew this "financing shortfall" was "protecting" their short positions... but not much longer...
3. new day traders will be jumping in to take advantage of new volatility further exasperating the existing short position
4. potential of large "elephant" discovery much more likely w/new revelation
5. new short position run-up spike likely... $7 plus then reset to $5? Or run up to $12-15??? Goes higher then ever expected and lower lol...
Thing is... Aint nobody sellN ZN :O
I'm a Jew too. Draw the water, prime the pump, pour it out as an offering (first fruits) and then stand back and let the blessings rain down! selah
With this latest (surprisingly very short) round of "self-funding" offering to the ZN faithful, we will assure the necessary production investment. When the gusher strikes, the offer will FILL up fast. Remember Elijah and the widow with her jars?
I LOVE how ZN is now going around the world's system of shelf offerings and COMPLETELY SELF FUNDING!
ZN did run wirelog test and production perforated casing through the promising 350 meters of hydrocarbon shows - obviously they stopped to inspect and case for a very good reason. Do wire-logs and other tests run prior to casing get independently verified? Also, I would assume during casing operations oil and water flow shows would be present as downhole mud pressure systems are turned off. ZN may very well have a lot of promise to report shortly... even as they continue to drill deeper
Question for all: with 3rd party analysis of the upper 350 meter pay zone shows they tested as they installed casing - would that alone suffice legally to announce they appear to have a productive oil well or would ZN have to actually wait until they have real flow test performed first? All professional insight appreciated.
Are you guys predicting ZN may announce the 3rd party verified 350 meter hydrocarbon showing zone soon? Perhaps even before they have completed their drilling?
John Brown takeaway: Prepare your personal ZN testimony of personal praise for when you are asked :)
Dec ZN call OPTIONS are all dirt cheap!!! ZN strikes we go to $20 overnight and then with public BLOOMBERG John Brown press to the MOON - GREAT STORY, great lease, great prophecy, every Mutual fund out there will want to have exposure - THE VALUE OF ZN will not be based on 1 productive well alone but on the BILLIONS OF GALLONS in potential reserve - SERIOUSLY we could see $100 pps plus. Absolutely not kidding.
Hi "geopressure" -if you take John Brown's words as a "grain of salt" why did you invest in ZN?
Did everyone catch how John Brown said the first 100,000 barrels has already been tithed to the IDF? That's a "tell" the upper zone is already known to be productive folks :)
LOL Nobody is selling (or real buying) - mm's just shaking the tree to test with computers selling in large blocks one to another from same hands.
FYI regarding shabbat. If they need to, ZN can technically continue to spin the drill string "on idle" to keep from seizing up and still fulfill the shabbat in principle. Kinda like Israel's "shabbat elevator" principle.
Excellent analysis regarding John Brown's recent update -Thank you Tisdal!
John Brown quoted:
There Will Be No More Delays
The time of waiting is over. Our quest is successful. The finding of hydrocarbons will no longer tarry.
IMHO: I absolutely KNOW that Zion Oil and Gas has found oil. It's already been stated and it has been Third Party verified. I have seen nothing to prove otherwise, and in fact, the tone of their releases have been of such a bold and positive nature, that I am convinced they have a lot. The real question is what is holding them from releasing details of the find. They are waiting geological analysis of the third party verified zones of interest and analysis of the zones of interest at a deeper level in MJ#1.
To be absolutely honest, they will not be able to be completely sure until the analysis phase.
I do have friends in this business. They just got done drilling an exploratory well here in the States. That well went to 28,000 feet. My friend told me, "We hope we have a gusher, but we need to complete the analysis phase to be sure". Guess how many of the investors have been told they have a gusher ... None. They do not share such information until they know for sure what they have. Sure, the investors get "We have positive signs", "Things are progressing well, and we are encouraged by what we have seen" (pretty much what Zion has been telling it's investors), but private investors are not privy to the belief of what MAY BE contained in an exploratory well until after the analysis phase confirms what they have found. To do otherwise is irresponsible and could cause legal implications. It is legally wise to wait until confirmation is received.
The brutal truth is that most investors do not understand how this works in the oil prospecting business. With Zion's last well, they announced that they had hydrocarbon shows. After the analysis phase, they found that it was not commercially viable and then declared a dry hole.
This time around, they got Third Party Confirmation. The answer to the question that I have been asking everyone to speculate on, "Why did Zion get Third Party confirmation", is that they did not do that last time and they are well aware that this time they had to, otherwise, short sighted investors (pun intended) would be screaming, "They said the same thing last time and look how that turned out". This time its not just Zion stating that they have hydrocarbons (oil) in the well, but it has been confirmed by a third party.
It could still turn out to be a dry hole (welcome to the risky nature of the business and this specific investment), but we are a long way from knowing for sure how this is going to turn out. Commercial viability will be discovered during the analysis phase, not the exploratory well phase. This is not the Beverly Hillbillies.
They already have told us that they have oil. That is third party verified, but as stated in the last press release, the cannot yet comment on specific amounts or on it's commercial viability. That will take place in the analysis phase.
Quote:
If it were not for these “failures”, I would not have the resolve in my faith that I have today and would not have been able to persevere to be able to witness the miracle of Zion and where we stand today.
Question: Where does Zion stand today? Today, the market says they stand at the door of doom and gloom.
IMHO: The market is wrong. I am more convinced that there is a powerful hedge fund that started a short attack on Friday after Mr. Brown's video. They saw an opportunity to short the stock and took advantage of the uncertainty of ignorant investors who do not understand the oil business. The sad part is that a lot of long term investors fell for it.
The short position saw it as an opportunity because Zion Oil and Gas has a consistent timeline with respect to when they release their information. They consistently release then wait one or two weeks to release again; therefore, the opportunity to take advantage of the less "savvy" investor was there.
I believe the Mr. Brown is announcing that Zion (or the Miracle of Zion and where is stands today) is standing at the sight of the future oil independence of Israel. That Zion has made it here (or Mr. Brown for that matter) is a Miracle in and of itself. This is a statement of VICTORY.
Quote:
God has proven faithful in His deliverance of Zion in so many ways, highlighted by the fact that He continues to shower us with faithful shareholders, talented employees, favor with Israel and protection from the enemy during our operations.
Question: Delivered from What?
IMHO, by delivery, Mr. Brown is speaking to the consistent way he has witnessed Zion get into a tight spot and yet somehow, their needs are met. Mr. Brown (and I) believe this is divine intercession or deliverance. Case in point, they began drilling MJ#1 clearly stating that they did not have the funds to finish and were moving forward on Faith that He would provide.
I remember participating on this board during the early phase of drilling and we all wondered if they would get the funds to finish. We all wondered if the current warrant program would supply enough capital to complete the well. We found out that they had and that it did. In fact, as is usual when dealing with Him, Zion's cup overflowed and they had raised more than enough to complete the well. We all did happy dances over that knowledge ... One less hurdle.
Also, IMHO, I believe Mr. Brown is referring to how strongly positive they are that they do have an oil bearing well, but they cannot be 100% certain until they are able to scientifically and geologically prove the production capability of the well. To do otherwise would be irresponsible.
This is where the title of the Video comes into play most of all, "There Will Be No More Delays". They believe they have it, this is the best way to tell investors that we will not have to wait till next time, this time. The discovery of the oil will no longer tarry as stated in the scripture at the beginning of the video.
Quote:
It has taken 36 years to be able to have the platform that Zion has today to share the gospel of Jesus Christ through the blessing of, what I believe, is the security and energy independence for Israel.
If success had been immediate, in my own humanity, I may have attested this success to my own ability and understanding (Proverbs 3:5-6).
Question: What success? He just got done telling us his failures.
All of these statements portend a great ending to a 36 year struggle. It's Bold and positive.
Quote:
While I would be remiss if I didn’t confess that previous operational setbacks have been disappointing, the fact remains that this is a “ journey of faith” and more times than not, our faith is tested (1Peter 1:3-7, James 1:2-4).
If it were not for these “failures”, I would not have the resolve in my faith that I have today and would not have been able to persevere to be able to witness the miracle of Zion and where we stand today.
This is not a message of doom and gloom. This is a message of potential and good reports to come.
Thanks Bliss for your thoughtful kickoff depth analysis. Would make sense to me if they need to drill and frack the multiple hydrocarbon zones that they are already aware exist.
HOWEVER, if they strike an "artesian" oil pay zone, under immense pressure, may indeed have to drill entirely news holes once the 14" pipe reaches full capacity.
Notice the timing of yesterday's announcement and meeting in Moscow of Saudi Arabian KING and Russia entering into an agreement worth multiple $Billions as they are obviously going to be colluding for oil price manipulation... This was another part of the prophecy puzzle mentioned by either Mark Taylor or Kim Clement? I remember it but can't find it now... any help fellas?
Thank you Spike for the eagle eye new video find :) Totally prophetic for just this time!
Will ZN need the big expensive rig in place to potentially frack the promising 1200+ feet of porous rock we recently drilled through which had promising hydrocarbon shows? If the answer is yes then they would already be planning to import the necessary time sensitive equipment or looking into availability. The last thing you would want is to have to to pay a daily rig rental rate waiting on fracking hardware in transit. If the answer is NO, then it would indicate that ZN already has a very positive hydrocarbon flow rate expectation... Just saying I wonder if anyone has any insight? Also, as this is a test well and they are set up to drill many additional wells, will they drill diagonally from the same footprint or move the rig over several meters or even hundreds of feet?
Nevermind. Just reset their 50K shorting block. Holding pattern to remain until news....
Stock is acting as if we may get an update today... before Sukkot starts.
More signs (I see it as God's hand of protection that Bali has been granted much warning so that the people can safely evacuate - we need to keep the people of Bali in our prayers for protection and salvation):
On Saturday Professor Richard Arculus from the Australian National University predicted that Agung will erupt by the end of this week. He said: ”There’s a 70 to 80 per cent chance of an eruption within days, probably 90 per cent within weeks to months, but I'm reserving that 10 per cent in case it doesn't happen — so the odds are on, but whether it proceeds to an eruption or not is still uncertain.”
http://www.express.co.uk/news/world/861672/bali-volcano-update-mount-agung-eruption-latest-news-graphs-maps-seismic-warnings
http://www.independent.co.uk/news/world/asia/hindu-priests-climb-volcano-mount-agung-bali-indonesia-eruption-scientists-a7980721.html
Just a little more patience and you shall be rewarded. Entering into the "rest" of Tabernacles in just 1 more day... God is faithful and has set the banquet table. Exercise your faith with no grumbling. Selah
Rest in peace Tom Petty.