Zion Oil & Gas Inc (ZNOG)

[microcaps1]

still true

zn still has a better current ratio than many blue chips including walmart

zn, as always, when i've looked, has a positive -above 1- current ratio -with 3.839M current assets[convertible to cash within a year]
plus they have over 1.1M restricted cash in bank accounts

and current liabilities of 3.18M- of which 723M is a contingent liability which may turn out to be nil.

total assets of 11.9M almost twice as large as total liabilities of 6.4M


and zn is now in a current fundraise period of which we were not notified til Apr 24, so most of April was NOT a fundraising period,AND YET RAISED,as per P26 OF 10Q

Note 9 - Subsequent Events

(i) Approximately $504,000 was collected through the Company’s DSPP program during the period April 1 through 30, 2019.