Zion Oil & Gas Inc (ZNOG): $5M goes to corporate expenses? They do...

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Zion Oil & Gas Inc (ZNOG)

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Monday, 12/10/2018 11:24:18 PM

Monday, December 10, 2018 11:24:18 PM

$5M goes to corporate expenses?
They don't even pretend to look out for shareholders.

What happens if they only raise $5M of $10M? No testing? I'm sure they're not going to forgo their salaries.
What if it takes 2 years to get to $10M, then all of that goes into the executives pockets?

In case it wasn't clear before, Zion is just looking to get paid, with O&G activity as a distraction.

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