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Welcome Browncornsnake !
I picked up more shares today, go Zion!
Tisdal,
Thank you for the info.
At least we know they are still testing.
My question
Dear Zion Oil and Gas,
Due to the lack of information can you please tell me if well testing is still ongoing? I understand you can’t say much but surely you can let us know if your still working or if there is a total shutdown of the well-site?
There answer,
Yes, the testing is still going on. Unfortunately, I only have the updates that are mirrored on our website here: https://www.zionoil.com/.
There answer
KyOil,
I really like the list, it shows we are not alone.
Married50
I totally agree.
That the pressure wouldn’t be any greater than 297PSI
Something funny is going on, 20,000+ buy disappeared! That’s strange....
Big buys at end of day! 30,000+
This has been very difficult waiting, I hope we get news this week.
Good afternoon all, let’s hope for a positive PR in the next 7-10 days!
Tisdal,
I agree, he stated facts about Zion.
tommyg61
I didn’t see any proof of that! Just hearsay.
Spike,
I sent the email this morning, and received the response this afternoon.
I am glad to share with all here, we are in this together!
Response from my Zion Oil and Gas email,
The only information I have is that the 8-K has been filed divulging all the information on the SEC inquiry. You can find it here: https://www.sec.gov/Archives/edgar/data/1131312/000121390018009064/f8k071118_zionoilgasinc.htm.
It reads as below:
“On Thursday, June 21, 2018, Zion Oil & Gas, Inc. (“Zion” or “Company”) received a subpoena to produce documents from the Fort Worth office of the Securities and Exchange Commission ("SEC"), informing Zion of the existence of a non-public, fact-finding inquiry into the Company. Zion, an SEC-reporting company with audited financial statements in the US and Israel for over a decade, will fully cooperate with this investigation. Until receipt of the subpoena on June 21, 2018, Zion had no previous communication with the SEC on this issue and was unaware of this investigation. The SEC stated that "the investigation and the subpoena do not mean that we have concluded that [Zion] or anyone else has violated the law."
While we acknowledge that our response to the subpoena will necessarily entail significant costs and management's attention, it should have no effect on Zion's ongoing testing procedures on its Megiddo-Jezreel #1 well. The Company does not intend to comment further on this matter unless in the Company’s judgment, it merits further comment or public disclosure.”
I hope for you to find peace in the fact that we are a faith based company that values and expects the highest level of integrity and ethics. We do, and always, have been transparent with our shareholders. We will continue to update our shareholders when there is material information to update.
Blessings to you and yours.
I just sent Zion an email asking for answers, I’m not selling! Yet
Sent
Microcaps1
Thanks for the info.
It sure would be nice to have some kind of update.
Well, it could have been much worse!
Let’s see what tomorrow brings.
What’s the feeling here that maybe this will delay an announcement ?
It will be interesting to see where this ends up today! I am sure glad this board exists because you guys have given me great support over the last several months. THANKS :)
When was the rebalancing of the Russell 3000, did someone try to hide a buy in the end of Day rebalancing?
I was going to buy at $3.75 today but it never made it, tomorrow may be a great day!
If this turns out like we all hope it will these twists and turns will be great story telling......
I think the theory of insider trading is a possibility, someone that is the know possibly spilled the beans because it’s a monster find......
I just may buy MORE shares, the timing may be perfect... it’s a risk but it’s been a risk all along!
I do see some people buying...hmmm
Hey Spike, can you please explain?
I may be the “ shortest “ long 2017
Well all know something is coming, I am sending out positive thoughts if you all know what I mean. Go Zion
Wow, this new twist is something, I wonder what’s going on!
It would be nice if they did a positive press release today, that way tomorrow would be a very good day!just wishing! I hope for the best for everyone here, all of you have taught me a great deal. Thanks!
Cowboyeeee,
Thank you for the info yesterday. I hope your having a great weekend.
Does anyone know if they make an announcement of a huge find how long it would take for a stock split?
I’m just wondering...... trying to think positive!
At least we ended up over $4.00
Very little volume today!
Good morning everyone, thank you for all of the information,advice and opinions . It has been and still is one heck of a rollercoaster ride! I hope you all have a great 4th of July Holiday. Let’s hope for a great day today!
?? Thanks ratbike 1000r!