Zion Oil & Gas Inc (ZNOG)

[bill_s30]

2 Legit 2 Quit

Zion is a legit public company and is in process of purchasing its own rig (unlike when they were unable 10 years ago with merely an MOU).

Stock is low since they didn’t find producible oil/gas after the last drilling and had questions triggering the need for a 3-D seismic acquisition and interpretation.

Additionally, there was a misinformation / short-distort campaign that worked pretty well against this small “different” company and that triggered the SEC inquiry. The opposition is OK, allows for the truth to come to the surface with time and milestones.

Past:
- S-1 approved by the very SEC that is inquiring. Legit.
- Senior securities fed judge in Delaware threw out the derivative suit. Legit.
- Investors allowed the 3-D to be paid for. Legit.
- 3-D seismic complete in record time. Legit.

Now:
- LOI (partially legally binding) for rig purchase. Legit.
- Two sub-companies formed to operate the rig. Legit.
- Claims to be able to pay for the rig in cash. Legit.
- Going through a process of whether NASDAQ will keep them on their market or they go over to OTC with a lot of other great companies and shareholders can still trade. Legit.
- 3D Seismic processing and interpretation continue. Legit.

Happy to support this legit company during difficulties and never saw that this could ever be easy.
Israel. Christians. Oil & Gas. Wildcat exploration. No wonder there's opposition. No wonder there's optimism.

It’s a compelling story that I get to watch and be a part of! Legit.

Enjoy -