Cascade you are absolutely correct. Everyone with long shares could/should hypothetically sell all and reinvest all in new OPTION shares. It would be a win win for both the investor averaging down in cost and also help fund Zion Oil. ONLY drawback is the flexibility to trade at will - it takes a minimum of 2-3 weeks to have newly printed shares transferred from ZN to AST and back into home brokerage. Actually the large investment/hedge funds are doing this exact thing (hence the recent drop in ZN's ppps but they are also simultaneously funding ZN which is completely ok - even though their primary short term purpose is simply to have have more shares to short...) Its OK no worries as God is using their money too to achieve his purpose :) WHEN Zion announces their TD gusher, the shares will jump past $5 and ZN will have record windfalls of cash funding - so much so they will likely have to close the funding option early (which they can choose to do if price exceeds $5....) God has this all planned out!
Well I am thinking about temporarily changing my strategy here and going with more of the warrants as you say. Either way - I am adding more to my share count as the days go by (like today) for I am putting all of the money back into Zion. When the BIG FIND news comes near end of the year or whenever - I think ALL the shares I own at that time are going to be worth a lot more! Day by day, week by week, I'm just adding more and more shares now without adding more cash.