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Pretty sure this is the reason Zion's SP is low.
"Stocks are trading higher on Monday but have been on a downward trend of late. The major indexes just recorded two down weeks in a row, and the Nasdaq Composite (COMP) is on track to finish the quarter flat."
WE have entered into binding agreements for 3-D seismic landowner permitting services and...
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PRESS RELEASE
Zion Oil & Gas Enters into Binding Agreements in Israel
DALLAS, Texas, and CAESAREA, Israel, July 17, 2019
We have entered into binding agreements for 3-D seismic landowner permitting services and for consulting services in connection with the required approvals from the Israel Ministries of Transportation and Communication for importation of the seismic equipment.
The biblically inspired vision of Zion Oil & Gas remains to discover oil and gas onshore in Israel. Our planned 3-D seismic program demonstrates Zion’s long-term commitment to our dedicated shareholders and to the citizens of Israel.
We are enthusiastic about the progress we have made to date with the 3-D program permitting process and other required approvals.
AGREEMENTS AND UPDATE ON 3-D SEISMIC PROJECT
Although our permitting contractor began preliminary work on the 3-D landowner permitting process several weeks ago, we have now formalized the scope and performance of that work with a signed agreement with our contractor as of July 1, 2019.
Our contractor has begun obtaining necessary infrastructure permits, acquiring accurate landowner identification for the seismic area and meeting with landowners and authorities.
This typically is a time-intensive but very important stage of the project because it creates a survey of the program area, which is a prerequisite for mobilization of the seismic acquisition contractor.
In parallel with the permitting process in the license area, we are utilizing the services of consultants to work with the Ministries of Transportation and Communication to obtain the necessary permits for the importation of the seismic source vehicles and equipment from Europe.
Our Israel team is pleased with the progress made so far on our 3D program permitting process. This is a vital step as we move forward with our exploration plans.
LEGAL UPDATE
In both the shareholder class action litigation in federal district court in Dallas, Texas, and in the consolidated derivative litigation in federal district court in Delaware, Zion, through its attorneys, has filed Motions to Dismiss all litigation, which Motions are now under consideration by the respective courts.
Zion Oil & Gas, a public company traded on NASDAQ (ZN), explores for oil and gas onshore in Israel currently on their 99,000-acre Megiddo-Jezreel license area.
View public press release HERE.
“The Lord Himself goes before you and will be with you; He will never leave you nor forsake you. Do not be afraid; do not be discouraged.”
Deuteronomy 31:8
“Sing to the Lord, for he has done glorious things; let this be known to all the world. Shout aloud and sing for joy, people of Zion, for great is the Holy One of Israel among you.”
Isaiah 12:5-6
I think you are on to something IRisky because the attacks on Zion Oil are vehemently expressed over & over. Those doing the attacking claim to be trying to shed the light to the Zion longs, but i know from experience that when i try to help someone with something i will only try maybe twice and then i'm completely done, unless i see the person i am trying to help making an effort to help themselves, then i am going to continue to help them. We(the longs) have expressed over and over to those trying to "help" us see the light that we aren't interested in their "help" but they just keep on and on vehemently, so that tells you right there that there is more to their story than they are willing to let on.....hence the reason we don't believe them...go Zion Oil keep up the good fight!!!
My husband and I feel the same way about Zion Oil and Gas, we have been acquiring stock for a decade now, we still believe in Zion's mission and the leadership of the company. Thank you to all those keeping the dream alive on here, you know who you are. I am reading your post when i can, you are great encouragers.
Cowboyeeee WOW!!! your song is awesome! GO ZION OIL & GAS...we are holding our shares and praying.
Thank you Cowboyeeee! We are still holding all our shares and praying for Zion's management. GO ZION OIL & GAS!!!!
Thank you Cowboyeee!! MOERAM and i are still here holding our shares & praying for Zion Oil. Next weekend we are planning on going to the Conference that John Brown is speaking at. He is having a meeting on Sat. with any shareholders that are at the conference.
I received 2 emails from John Brown on Tuesday the 4th regarding some planning around the conference he is speaking at the end of Sept. so i know he is in the office.
JRyan did i read in the form someone posted about Israels rules on drilling that Israel does not allow fracking?? I found your theory very interesting and highly possible regarding the cost of drilling coming down along with new and better techniques of retrieving oil from difficult reservoirs.
Thank you for these beautiful pics of Israel. I am so excited we will be going to Israel next year for Zion's shareholder meeting and i can see all this beauty in person and visit the holy sites.
Way to go Cowboyeeee!! Last week we also decided after carefully considering all the information released in the last month that we still believe in Zion Oil & Gas so we purchased some of the unit offerings thru Zion's DSPP program.
When you go to Zion Oil's website and purchase thru their DSPP program the money goes directly to Zion Oil to help them pay their bills, but when you purchase thru a brokerage it doesn't. We have our IRA's with Zion stock, but the last 2 months we have been purchasing directly thru Zion to help them the most and now i think we have more shares thru them than what is in our IRA's. Maybe someone else can tell you where the brokerage money goes as i don't know how that works. Hope this helps.
Do you have any statistics to back that statement up??? I have plenty to prove you wrong, i have worked for a exploration company for 10 years and Zion mgmt. are just as competent as the one i worked for, and they are still in business and respected worldwide.
I just publicly wanted to give a BIG shout out of THANK YOU!!! to those who are able and are defending Zion Oil in the marketplace today, you know who you are. And as John Wayne would say "Give em H3ll"!!!!!
We are HOLDING!!! Zion is still testing and "all things are possible"
Mccain333 i'm from lower Arkansas and ready for Zion to launch too!!!
I did want to clear up a misunderstanding regarding only being able to purchase $10,000 worth of shares a day on Zion's DSPP site, that is simply not true because we have done this more than once. So today while on the phone with Zion i asked her about it and she said "it's $10,000 per transaction" which means if you wanted to purchase $50,000 worth of shares you would simply fill out and process 5 transactions @ $10k apiece. GO ZION GO!!! G_d Bl3$$ Isr@3l and alot of others who are standing with her.
You can speak to me face to face next year at Zion's shareholder meeting in Israel cause i'm definitely coming!!! Maalox & Pepto Oh My!!! I think you need to meet my Functional Medicine Doctor something is definitely wrong with your digestive system. :) GO ZION GO we also bought more shares yesterday at the sale prices and am planning to buy more at today's sale prices in anticipation of the "hours not days" PR.
I am thinking the same Watchman...Zion will provide PR on Friday around 9am our time would be 5pm for Israel, just a guess though.
I'm buying...but directly thru Zion's DSPP
Yes Moses that's exactly what i was told on Monday in my conversation with IR, and i got that same enthusiasm!!! HOURS NOT DAYS BABY!!!!!
Ever hear of "innocent until proven guilty"....all the proof of innocence will be in the PR that Zion is about to release at any moment now, isn't that exactly why we are hearing all this noise today.
Yes!!! I am super excited. Zion called me yesterday to make sure they had the name correct on several stock purchases I have made in the past 2 weeks & I told her we are praying for them, she said thank you, then she said this is the week of the 13th, I could tell by her voice she was just as excited as we are.
I'm going to be singing about Zion this week I have a feeling. Go Israel, Go Zion Oil & Gas. Thank you for sharing Cowboyeeee! Also I am a very proud redneck Cowgirl & yes I drive a truck!
KyOil I believe you are dead on point about the SEC asking for info regarding the reservoir. We must continue to pray for wisdom & protection for Zion's mgmt team. I know they want to & will fully be compliant, but at the same time I wouldn't trust any one.
Pretty sure I read somewhere that the info would be made known within 12 - 24 hrs of them knowing.
LOVE Samaritan's Purse, our church where my husband works is a huge distribution center for Operation Christmas Child, the shoebox program ran by SP. We also pack shoeboxes for OCC, distributing shoebox gifts and the word to children all over the world.
Welcome to the board. We are happy to have you!!
Thanks! Yes i have been buying thru DSPP and they usually pull the money from my bank account the day after i order the shares. I am pretty sure this check is good but haven't taken a check from this business before so we are just being a little cautious i guess, making certain that the funds are in our account before i order the stock.
I'm trying to buy more but the bank has a hold on a check deposited yesterday, they said it will be released tomorrow (roll eyes) i keep checking my online account hoping it will be released so i can buy!!
Right now per million $712 to $870 depends on the quality of the bills too
safedinar.com you fedex them in and they do a direct deposit into your checking account
Hubby was so desperate to find some more mason jars this week while the price is low that he dug up 2 million Iraqi dinars that he had bought and buried in 2006, sold them and actually broke even on the sale. Buying more Zion Oil shares with the sale of Iraqi dinars lolol.....
Oh i'm not worried..i sleep very well at night..because this information was at the very botton of the 10Q it can be overlooked & that is the only reason i pointed it out. I bought more Zion shares today thru them!
ITEM 5. OTHER INFORMATION:
On August 8, 2018, the Company received notice from Justin Furnace of his resignation as a Director effective August 13, 2018.
Congratulations!!! GO ZION OIL & GAS!!! G-D BLESS ISRAEL!!
So proud of your daughter ratbike!! what G_d did in her body was an absolute miracle! plus she will be able to draw strength from going thru that storm for the rest of her life. Another thing several of us have in common, my youngest daughter is also a nurse with Cardio specialty. The storm that Zion has been going thru is also producing much character and strength by Hi$ hand.
"Took A Leap Of Faith Off The High Dive Award" sign MOERAM & GIGI62 (husband and wife) up for this one please. Since 6/25/18 we have purchased thru the DSPP on Zion's website 11,700 shares, plus both our IRA's are all in for Zion Oil & Gas as they can be. We have total peace. We are also holding back some more powder to help Zion directly fund the next round. So thankful for this board, y'all are an awesome bunch. We've never been to Israel but will be there next year to meet ya'll.
Lightrock here's some old timers advice on that...Tell a gelding, but ask a mare, I am the Alpha horse of my herd & they know it!
I'm definitely interested in that CD...all things Zion & all things to do with the West!