Zion Oil & Gas Inc (ZNOG)

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72.9 M SHARES is an extremely low share count for a 19 year company

once penny co's [defined as stocks below 5 dollars pps] achieve substantial lasting revenue,since pps often lags real or percieved value at that point,co's often buy back shares with a common goal being to reduce O/S shares to 250M to 500M [from the billions of shares they often have before that point]

ZN doesnt even have 1/3 of the shares of the low range of shares targeted by such co's

once again the purpose of becoming a public co is the ability to raise funds via issuing shares until lasting revenue is achieved-thats just common sense

a lot of headaches accompany being public such as non stop magnifying glass disclosure

so if insiders are filthy rich they dont take a co public