Zion Oil & Gas Inc (ZNOG)

[KyOil]

clarification on my statement "begging" for funding:

Zion, in my opinion, will be begging for funding if they simply offer another units program at 5 cents, or whatever, without providing investors with the rational for investing.

However, if they pull together a proper investor presentation on the "active petroleum system" including 3D data, log data, DST details, etc to give evidence what is there and what the next step would be to explore it, then that is not begging for funding. With a compelling presentation backed by data they will not have difficulty obtaining financing. Its common in the industry to need another round of funding after finding the system.

The initial investors took the most risk and had the highest potential gain. And I'm sure many who came along early will move on. If Zion can demonstrate that the risk is now lowered as the system's existence can be verified with data, then other investors will come along. Many professionals in the business would not invest until the system was proven; they would rather sit out until then.