InvestorsHub Logo
Followers 74
Posts 7117
Boards Moderated 0
Alias Born 03/31/2010

Re: None

Monday, 04/18/2022 3:59:44 AM

Monday, April 18, 2022 3:59:44 AM

Post# of 54100
according to this ZNOG policy, directors and officers are restricted from buying or selling. And i've found no sec etc evidence of them selling. Sec disclosure can be found here.
https://www.otcmarkets.com/stock/ZNOG/disclosure
https://www.zionoil.com/faqs/
Stockholder meetings in this world are rubber stamp measures designed to blunt any and all opposition- bc this world is obsessed with power and control.

But theres also a practical reason. Suppliers and vendors etc have to be able to rely on their contracts with the company. Nobody is going to contract with a company if those contracts can be upended/violated every year as per stock holder wishes that year. There has to be a solid long term plan. There are legitimate stockholder concerns which can be submitted to the company via IR etc.(which i realize have been done). There are few restrictions on a stockholders ability to inform a company but companies are not allowed to inform us of material unpublished info. Since ZN has experienced the ever watchful eye of regulatory, ZN is especially cognizant of this and thus especially careful the last 4 years.
I've already spoken of the limitations of IR- which is between a rock and a hard place. It is normal for both sides to be frustrated in that equation- i've never seen it otherwise- its one of the few guarantees.
One of the few certainties of the crazy market is longs always want more info. Its almost never enough. This will always create a tension- that is a given. Again, I dont follow ZN's facebook page-


And hopefully by the stockholders meeting they will be able to give us at least basic information-whether the well is commercially dry or commercially wet. Count the days on the calendar if you have to. For those of us who have held for many years that is comparitively a very short period of time.
Usually somebody who mentions a r/s is considered a traitor but i think some longs and some in the company logically favor a r/s bc the of the dilution which comes from this ridiculously low pps- harming longtimers who paid two to ten plus dollars per share.
Many companies are ignorant re longs concerns and I dont remember ever talking to a stockbroker who even understands the penny market even though its part of his job.

One of the reasons why ZN is relying so heavily/depending on dspp program to raise money is that due to regulatory impediments/ eyes they've had to be careful about what they tell the public. This probably severely impacts/reduces or annihilates the usual historical meetings where the usa public were informed of their projects in Israel plus John Brown is no longer able to run a marathon every week.
Imagine spending your whole life on projects designed to benefit others instead of playing the usual sleight of hand associated with secular business.
If ZN leaders have flipped allegiance then communicate with the proper authority -who is interested in justice (unlike the world) and follow that authorities instructions bc popularity is very fleeting and demands constant compromise until there is nothing left to save.

This is NOT a guarantee of a commercial field. There are many historical stories of leaders sacrificially giving their lives as pioneers to bless, who did not reap now in this time during their lifetimes but received the reward for their sacrifice where it matters and those who followed them reaped what they did not sow.
I say this bc ppl are almost always looking for guarantees and will sue whosever to get satisfaction.
In listening to ZN podcasts -which i've not done for some time and other knowledge re ZN I've NOT felt the nongood/deception.

https://www.sec.gov/Archives/edgar/data/1131312/000121390021021731/def14a0421_zionoilgas.htm
I dont know whats going on facebook. There are alternatives to facebook.

Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ZNOG News