Replies to post #24850 on Zion Oil & Gas Inc (ZNOG)

[microcaps1]

sounds good

https://en.wikipedia.org/wiki/Midstream

re a rant re debt as of last 10q zn had 7.1M current assets-raised ca 5M since

and excluding an unlikely contingency for the convertible bonds only 2.9m current assets,which is a better current ratio than walmart which has had more cl's than ca's for several reporting periods
accounts payable is just a part of doing business

the post about zn debt forgets the main issue that there is no typical series of toxic convertible notes
sorry- hijacked this post to answer that so i dont put money in somebodies pocket