Zion Oil & Gas Inc (ZNOG)

[microcaps1]

this or something like this,from p.40 of the 10q, has been posted in every 10q and 10k since zn learned of the inquiry

it is an inquiry and investigation- no charges have been filed-it is not a court case-thats what zn means by non public fact finding inquiry
no allegations have been made by the sec
just bc somebody is subpoened does not mean guilty-in a democracy as opposed to a dictatorship

from the 10q:

" As previously disclosed by the Company, on June 21, 2018, Zion received a subpoena to produce documents from the Fort Worth office of the SEC informing the Company of the existence of a non-public, fact-finding inquiry into the Company. Prior to the receipt of the subpoena on June 21, 2018, Zion had no previous communication with the SEC on this issue and was unaware of this investigation. The SEC stated that “the investigation and the subpoena do not mean that we have concluded that [Zion] or anyone else has violated the law.” To date, Zion has furnished all required documents to the SEC and will continue to fully cooperate with the investigation.



The Company cannot predict when this matter will be resolved or what further action, if any, the SEC may take in connection with it.