Looks like FINRA has been working on the "F's" today. Maybe we see FAGI on it today.

http://otce.finra.org/DLDividendsDistributionsSplit

Good morning Rapture, you were originally correct. The quote on the PR was originally said by Dustin at the shareholders meeting.

On 6/5: “Testing results will be known in weeks. Not months.” - Zion President, Dustin Guinn #israel $zn

— Zion Oil & Gas, Inc. (@zionoil) June 11, 2018

MGXMF is the symbol. No issues with TDA.

Don't forget the expired NV license.

There is another company that I hold a small position in call MGX Minerals out of Canada. They are partnered with PurLucid, and have a process to treat waste water and at the same time extract minerals like lithium and magnesium. I would like to hear yours and Geo's thoughts on the process.


https://www.mgxminerals.com/
https://calgary.ctvnews.ca/video?clipId=1416343

TDA must be on the fritz. I am now showing 3.39 for the Bid and 3.36 for the Ask?

Zion tweet this morning.

On 6/5: “Testing results will be known in weeks. Not months.” - Zion President, Dustin Guinn #israel $zn

— Zion Oil & Gas, Inc. (@zionoil) June 11, 2018

Has FINRA approved it yet? The clock doesn't start ticking until that happens.

I was wondering the same thing. At 11:24 there were 76K shares dumped and another 50k at 11:26.

Hey now ratbike, I am a bean counter (CPA) and I understand perfectly. I had hoped to be there today, but the share price did not exactly let that happen for me. I am stuck here in Minnesota and will be anticipating updates. Thank you to all who will be attending. Have a blessed day all! All the Glory is His!

"...Starting on Sunday, we will proceed to the second zone, which is one of the most prospective zones of the well. "

Notice how it says One of the most, not the most. They may have already successfully tested the most productive zone or it may be to come.

Today is a day that the Lord has made. Let us rejoice and be glad in it!

Wow picked a bad day to be out of town and away from my computer. Was on vacation Friday and am now trying to get caught up. Has anyone wondered why this Probe's place conveniently cut off the end of the letter from the SEC? In my eyes the letter is out of context due to the deliberate cutting off of the ending. How many pages was this letter, or how many paragraphs of clarifying remarks were omitted?

I don't believe there is going to be a report. Based on my interpretation of Zion's Tweet, the drilling report that is due on the 31st has probably already been submitted. Let me know if anyone else interpreted this that way.

There have been false reports that Zion needs to announce well results by 5/31. Not true. By 5/31 Israel requires *drilling* report. Zion has completed drilling for months. There is not a well results deadline looming. #israel $ZN

— Zion Oil & Gas, Inc. (@zionoil) May 23, 2018

Latest message from Zion on Twitter.

However, we are wanting to release results as quickly as possible for our shareholders and supporters as soon as results are clear and accurate. $ZN

— Zion Oil & Gas, Inc. (@zionoil) May 23, 2018

As it approaches 10:00 pm in Israel, I was wondering about working hours. Are they currently running 24/6 or is there some down time other than Sabbath? Anyone know?

Just picked up 2k more.

It has begun!

https://www.facebook.com/zionoil/photos/a.162963465085.159463.154930410085/10156548739280086/?type=3&theater

Financials are out. Balance sheet looks great, showing almost $200k in revenue from mining. That is in less than a month and at recently lower bitcoin prices. Mining commenced in early March and financials are as March 31. I would vote to not go through with the merger as the 70 million share dilution would not be worth the less than double output. Let me know if I am off on the GBV capabilities, but I think they have 1,300 of the S9s and we are running 1,400 currently.

It appears he owns 153,534 shares of which we do not know the cost (Table I). Table II shows what must be options that are owned by him and executable at the prices shown.

That is my interpretation anyway.

The "D" is for Direct ownership vs Indirect ownership. Not for distribution. Happy to help.

https://research.ameritrade.com/grid/wwws/stocks/secfilings/filing.asp?data=B64ENCeyJEb2N1bWVudEtleSI6IjEzNy0wMDAxMzg5NjQ2MTgwMDAwMDItM1JGRzFLSFNEODFPNExIMTA1MExINEVPNFUiLCJGT1JNQVQiOiJIVE0iLCJGT1JNX1RZUEUiOiIzIiwiRG9jdW1lbnREYXRlX2YiOiI0LzE2LzIwMTgifQ%3d%3d&c_name=invest_VENDOR

If you are referring to the report on 4/17/18 Form 3, he did not sell any shares. As a new director he is reporting his stake. The report is a "new insider" report not a "insider buy/sell" report.

This is off of the website, not sure when he said it but it was a pleasant surprise to come across it this morning.

"We feel that in 2018, we will encounter that first significant commercial production of oil and gas." Victor G. Carrillo, Zion CEO

https://www.zionoil.com/dspp/

Looks like someone was busy updating the website.

http://fullalliance.com/

Good interview with the CEO. I like this company. Has anyone looked at the balance sheet? "Revenue by the end of the year"


https://www.otcmarkets.com/stock/MGXMF/news/Everett-Jolly-Hosts-Jared-Lazerson-CEO-and-Director-of-MGX-Minerals-Inc-on-Uptick-Newswires-Stock-Day-Podcast?id=191766

I will go with $48, based on a dream I had.

Did anyone else see the tweet earlier today? It almost sounds like they are testing now. Thoughts?

https://twitter.com/i/web/status/989547467258712064

Done. Go TNKE!

I think my right offerings just hit my TDA account.

This is good enough for me. I also picked a up a bunch more at .0015 the buyback program will really be more effective at this price.

Can someone explain how this merger is a good thing for current shareholder's? The price is 70,000,000 shares. As of 12/31/17 there was just shy of 12,500,000 issued. 461% dilution to current holders. I guess that is better than the original 910%.

Maybe some good news?

http://www.globes.co.il/en/article-givot-olam-oil-exploration-license-deadline-extended-1001231439

Done

Hi Moses, where are you getting the first come first serve from? My understanding is that you will get what over-subscription you request and pay for. If there is not enough to cover demand for all the over-subscriptions, then the remaining will be prorated based on your original allocation.

The dilution factor is comparing the book value of $0.91 (after the increase from $0.44 due to cash increase of $52 million, yes money in the bank, you know the kind that prevents bankruptcy due to non existing debt) to the strike price of $5. The 81.8% dilution is the premium attributed to the share price. That "dilution" factor would be bad only if there was no oil. And we all know there is oil. The book value in the calculation does not account for an oil reserve asset and revenue.

Remember you are a precious child of God.

News has not hit TD Ameritrade yet. I expect another run when that happens.

My guess is that they were waiting for approval from Israel on the testing plan.

The news is here. Testing equipment mobilized.

Let us all remember that nothing happens without the approval of our Father in heaven and things are working out exactly as He has planned.

IMO - Zion's management is doing exactly what they should be doing, and that is finding and producing oil. Management's priority is not and should not be to make impatient and whiny stockholder's happy with PRs and to respond to every change in the share price.

As previously mentioned today, the share price is irrelevant until day you sell. Number of shares is what is important.

Been a holder for 3 years. Missed many opportunities to trade. I to, have some mortgage and grocery money tied up into this. But, He will provide. He always gives us what we need and not necessarily what we want.

The same. Holding period starts on purchase date and the taxable event happens at sale. The only difference with a margin account would be that there may be some investment interest expense that may be written off.

Just remember: the good thing about paying taxes is it means you made money!