Zion Oil & Gas Inc (ZNOG)

[DragonBear]

if we don’t get funding via the DSPP, our only option is to merge with another company (Noble/Genie/?????). that is able to complete testing the well and bring it to production.

Geesh.

First of all a NBL with assets worth $17B, and a net income of $568M for the first 6 mos of 2018, would not offer to "merge" with a ZN scam that has $41M assets/cash total. Companies merge when they are near equals.

Which leave a NBL buying ZN. What's there to buy? What is current oil flow revenue? Answer $0.00. How much in proved, and probable barrels of oil does ZN possess? Answer: 0 barrels. There's nothing to buy other than a dry MJ1 well producing 0 bpd, in a known area with no conventional oil to offer.

Last, if a company buys another, they inherit any problems that the acquired company has with the SEC. An NBL didn't get to where it is now, by purchasing a scam like ZN with nothing to offer, under SEC investigation.