Zion Oil & Gas Inc (ZNOG)

[microcaps1]

zn said no effect on ongoing testing procedures and I would agree w that

non public-meaning,inter alia,not at the stage of a court action-just administrative-I was one of very few in law school who even took the one admin law course-at an admin hearing when i shook the hand of an attorney general he was sweating like a pig-i didnt understand why-it was no big deal

just some good old friendly fact finding-ZN noted it was 1st time they had dealings w sec- and given the high % of companies i've been in which had sec etc interaction would not be surprising

I do agree they will double check everything before releasing a PR-

ZN still has the legal obligation to keep us informed- and may suffer false accusation if substantive leaks are attributed to ZN before a PR-so ZN has to consider that also


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