How else do you suggest ZN raise money- road trips are falsely painted as fraud without dd to back up those claims,leaving only one reasonable alternative-what zn is doing
most companies raise revenue by issuing shares- in fact thats a primary purpose of a public company until self sustaining revenue is achieved- by definition!!! Nothing unusual!
thats often why public co's ARE public.
If insiders are filthy rich they avoid the enormous reporting hassles of a public co altogether and are a private co with very little public info.
zn does not get one cent from shares traded on the market
so, like all other companies they raise money by issuing shares - there are a variety of ways to do that - some companies use private placements, which give the private parties freebies
many penny[below 5 dollars pps] companies use toxic financing-where the loan shark gets shares discounted ca 50% below market value,pay a high interest rate to the loan shark and provides very generous conversions to the loan shark almost guaranteeing higher debt
many low penny companies utilize promotions where the promoter often gets millions of free shares and dumps them as soon as the promotion-which the promoter is handily paid for-is over.
which of these other methods should zn use??????- those other methods work against pps also- in fact promotions are often a death knell for a stock
summation
there is nothing unusual about a public company raising money as zn is doing
what is unusual is the potentially large investment pool,an offshoot of liberty not found in dictatorships
btw, i've seen co's up to $20 dollars pps without revenue
the risk reward is very good here-all wildcatting-if that includes the years of surveys zn has done-is high risk
ZN has spent 19 years in its present corporate form- and decades before that- narrowing the area to possibly contain a commercial field-[of course w the possibility they didnt drill deep enough-something that applies to mj1 also]
so for those who believe israel has more than the relativly small commercial fields found so far,that is cause for hope that the possible areas for such a field is being approached-
zn naturally provides all the legally required disclaimers - but hope is not yet illegal except in dictatorships.
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?
