Zion Oil & Gas Inc (ZNOG)

[InFocus]

tisdale, everything you have described is accurate and you have probably summed up the feelings of a number of people.

I think some of the actions that have been used by short sellers were unavoidable. The change in leadership at this point in time is different.

I believe there's a reason to the departure. I believe Mr. Guinn is the right leader at this time. I believe an update will occur before October 19, and I think that update will be connected to some type of connection or partnership that the new CEO is responsible for/brings to the table.


Zion Oil has done an impressive job to get to the point they're at. Right now, Zion Oil is at a turning point. They cannot continue along the same path that has gotten them to this point. The scrutiny regarding their operations will not decrease.

Therefore, it is time to focus on results...in walks ZN's new CEO. Mr. Guinn has a different mindset from previous leaders because it's a different time in the company's development.

In 2017, Venture Capital investment in the U.S. was approximately $70 Billion. 1% of that total is still $700 Million. Every $7 Million of VC was just .01% or .0001 of the total VC for 2017.

I understand the delay during the High Holy Days and agree with the decision to operate safely. On other levels, the company needs to step it up. New funding sources must be addressed: partnerships and VC.