Zion Oil & Gas Inc (ZNOG): The settlement procedures for warrants a...

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Zion Oil & Gas Inc (ZNOG)

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Re: djcomfort post# 1507

Thursday, 01/06/2011 7:03:09 PM

Thursday, January 06, 2011 7:03:09 PM

The settlement procedures for warrants are the same as those for rights.In other words, contact your broker. On another note, todays action was rather interesting. I suspect holders of the ZNWAW series sold shares on the open market to raise cash to exercise their rights at the time sensitive bargain price recently announced. Of course they could have waited for news but then again no one knows for certain what the news will be. Regardless their actions created a buying opportunity for me. Of course I could be totally wrong. Then again, I could be dead on. jmho

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