Zion Oil & Gas Inc (ZNOG)

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already previously asked and answered

re the legal costs
on p.33 of the 10q "The Company carries insurance that is applicable to these claims"
so insurance will pay a large part of the costs eventually,if the court for some reason doesnt award zn with its costs and fees


also, as zn claims, and i agree, the shareholder suits are without merit as is-and would require retroactive major changes in the rules of notice which are codified by statues and court rules -something that cannot be done retroactively and can only be done going forward by a higher court -not a trial court

so when zn wins the shareholder suits zn will ask for costs and fees -which the winner typically asks for-and courts often grant such even when suits are not without merit!!

re cash - i never included other current assets in cash- thats just make believe

i just debunked the myth which excluded other current assets from current assets,which themselves can be broken down into the quick ratio -items expected to be realized within 90 days -and the current ratio-items expected to be realized within a year