Zion Oil & Gas Inc (ZNOG)

[Jackleg1]

Jmaruschok,

Thank you for your post.

I was not aware that the shares were being diluted.
As a shareholder, I feel we deserve to know what's going on, but I also expect ZNOG to be acting in the best interest of shareholders as they face some likely, unexpected problems that need to be overcome (and paid for). Truth is, I don't really care what the stock price is today, what I really care about is Zion finding a large quantity of oil. Once that is done, the share price will be taken care of, IMHO.

My suspicion is they are fighting a battle at the well. They are not concerned about what the share price does today, they are focused on the mission. The mission is to find oil, not maintain an attractive share price today. I concede that they haven't drilled a successful well, but as long as they are actively pursuing it, my shares are not for sale.

The cycle of the short sellers seems to have arrived (they rinse and repeat the same talking points (i.e. dry hole, scam artists, charlatans, stupid Christians)). Its seems to me to be more likely than ever that the shorts get torched with a production well being drilled as we speak. When the PPS turns around with a PR, it will do so rapidly.

Jackleg