Zion Oil & Gas Inc (ZNOG): They don’t need it but still offer it? I...

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Zion Oil & Gas Inc (ZNOG)

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Re: KyOil post# 50063

Wednesday, 06/22/2022 4:59:33 PM

Wednesday, June 22, 2022 4:59:33 PM

They don’t need it but still offer it? If they close the offering because they’ve secured funding through a whale it would be bullish to do so but they haven’t. Why dilute the stock anymore if they have funding thru a whale? Its either to get more working capital thru dilution or the whale isn’t committed. The lack of details is what bothers me the most with Zion.

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