Replies to post #5801 on Zion Oil & Gas Inc (ZNOG)

[dreamer777]

Thanks everyone who posted encouraging words..God Bless you all and your families with every good thing.

[tisdal]

Music, they have no money allocated for that.

All money goes to the well. They are selling shares through their $250 Units to raise money so that they can continue. The shares they are selling go at the average of the high and low of the share price on the day the unit sells.

Today those units purchased shares at around 2.30 per share plus 15 $1.00 warrants for each unit.

[Mr. W]

They are pretty much putting every penny into this well. So much is on the line for them.

[geopressure]

Musicman1971; ZN is in the business of SELLING shares... They don't do stock buybacks...