Zion Oil & Gas Inc (ZNOG)

[microcaps1]

https://www.otcmarkets.com/filing/html?id=13727506&guid=cWWSUFsEBNDpy3h


may 2017- before the last well was spud- a 10q noted b/d had agreed to not make stock transactions as one method of supporting a stable market in zn stock and not encouraging speculators

so, for the 1st time 2 or more - i have not looked at all the form 4's and 3 yet- directors are selling stock acquired by option- such options are a regularly recognized way of conserving an organizations cash position by reducing cash salary in part due to the granting of options ,which directors can use to supplement their income

the exercise and or selling of such option acquired stock at this time tells me that at present there is no nonpublic material info known to the insiders.

in other words, the 3d data acquisition does NOT reveal whether there's commercial oil or not until the texas specialty analysis firm to which zn passed such info analyzes the data over probably a 2 month period or longer- much sophisticated computer analysis of the data is required for a 3d survey