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Saturday, March 09, 2019 2:21:46 AM
Zion Oil & Gas Inc Just Filed Its Annual Report: Note 13 - Subsequent...
Note 13 - Subsequent Events
(i) On January 7, 2019, the Company granted options under the 2011 Equity Incentive Plan to one senior officer, to purchase 25,000 shares of Common Stock at an exercise price of $0.01 per share. The options vested upon grant and are exercisable through January 6, 2029. The fair value of the options at the date of grant amounted to approximately $10,000.
(ii) Approximately $1,715,000 was collected through the Company’s DSPP program during the period January 1, 2019 through February 25, 2019.[emphasis added]
(iii) On February 24, 2019 Zion submitted its work plan for 2019 in accordance with the requirement referenced in Note 1 of its 2019 license extension. This work plan was approved on February 28, 2019.
(iv) On February 24, 2019 Zion submitted a request for approval for a license extension through December 2, 2020 on its Megiddo-Jezreel License. Zion received approval on its request for license extension through December 2, 2020 on February 28, 2019.
The above information was disclosed in a filing to the SEC.
but the givot olam story today could have added some interest to zn today and in the future
didnt see the rig specifically mentioned in the ca 97 pp 10k but i skimmed parts of it so far-could be a good science project for somebody to find in the 10k
Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?
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