Zion Oil & Gas Inc (ZNOG)

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been over this many times

if zn's pps reaches one dollar for 10 consecutive bus days by jul 8 clock is reset

if zn meets alternative listing standard by jul 8 zn gets 180 more days to raise pps to one dollar

pps has been rising -has more than doubled since its dec low-when a lot of companies bottomed due to agressive fed raising interest rates- no more raises predicted in interest this yr -some say fed may even lessen interest -and feds reducing their balance sheet exposure ends by sept-i.e no more tightening of economy

and oil has risen significantly since december

so at this rate of pps since dec pps would reach one dollar by july

a significant amount of oil interest in nearby areas is occurring which is encouraging for zn

and their could be an additinoal investment in zn or its license as occurred 20 mikes away when delek bought a 70% interest in an adjacent northern onshore israeli concession- and who is delek -only own ca 45% of the huge israeli offshore leviathon gas fields


so there are a number of things which could bring pps back to one dollar by july-and if the alternative min standard is met by july 8 they have 180 more days