Replies to post #27353 on Zion Oil & Gas Inc (ZNOG)

[Mr. W]

Careful on the taxes if you think you can dump your shares and buy DSPP.

Personally, to me, it matters not, what this share price is right now. I look at it as an artificial number if we establish commercialization, we will be revalued, in my opinion.

The market will do what it wants to do.
People have to figure out what it is worth to them.

[Porgie Tirebiter]

The only way this offering is good for the company and it's management is if the shares are trading below $1 on October 29th and after.

It's the only way this program makes sense for ZN itself.

So it kind of shows management's thinking in regard to where the share price is heading.

[microcaps1]

in almost any company raising funds bc they dont have net income yet, the warrants are priced below market as an inducement to buy bc such purchase goes directly to a companies treasury,whereas companies dont receive a cent off of our market trading

previous warrants, except for the feb rights offering, were all 1 and 2 dollars- presumably below market

if the company has a commercial find, the pps can weather the exercise of a number of warrants