Zion Oil & Gas Inc (ZNOG)

[Moses1492]

While we wait, a question for the board. I'm still intrigued and puzzled by the surprising announcement that ZN had FULL funding from the most recent stock/warrant offerings and was closing this funding source. There must have been at least one very large MYSTERY investor who took part in this fundraiser in order for it to have been so successful. Think about it, ZN likely raised 15-20 million! - and we all know that mom and pop Christian small investors just can't add up to this figure. Also, the offering was a bit complicated in description and execution to boot... I did not particularly like it myself (not enough warrants at $1 to take the risk for me anyhow). SOOO how did we raise this large amount of funding? My pure speculation here but could a large hedge fund like Blackrock -who may be motivated to fund large ZN stock purchases to cover anticipated shorting and /or to possibly run up and simply sell high for a profit? If a large hedge fund was the mystery investor - or even a large private individual, would they have had to disclose on the recent filings or is it possible they could legally postpone their increased investment activity? Also, could large, existing ZN company employee stake-holders sell existing shares to directly fund an equal "net" amount of subscription shares without triggering a major ownership questionable ownership debacle? THERE SEEMS TO BE A LOT MORE TO THIS STORY with who funded this recent endeavor that we are not aware of and ZN chose not to disclose the details. Your thoughts? Thanks in advance :)