Replies to post #28505 on Zion Oil & Gas Inc (ZNOG)

[InFocus]

tisdale, everything you have described is accurate and you have probably summed up the feelings of a number of people.

I think some of the actions that have been used by short sellers were unavoidable. The change in leadership at this point in time is different.

I believe there's a reason to the departure. I believe Mr. Guinn is the right leader at this time. I believe an update will occur before October 19, and I think that update will be connected to some type of connection or partnership that the new CEO is responsible for/brings to the table.


Zion Oil has done an impressive job to get to the point they're at. Right now, Zion Oil is at a turning point. They cannot continue along the same path that has gotten them to this point. The scrutiny regarding their operations will not decrease.

Therefore, it is time to focus on results...in walks ZN's new CEO. Mr. Guinn has a different mindset from previous leaders because it's a different time in the company's development.

In 2017, Venture Capital investment in the U.S. was approximately $70 Billion. 1% of that total is still $700 Million. Every $7 Million of VC was just .01% or .0001 of the total VC for 2017.

I understand the delay during the High Holy Days and agree with the decision to operate safely. On other levels, the company needs to step it up. New funding sources must be addressed: partnerships and VC.

[RaptureSpecialist]

It's just Life Tisdal, the Good News is this well is not dry, bad news is its just also not wet yet either- laugh or cry, I choose LOL!
Dustin should give/throw us a bone real soon-

[NCBchBoy]

Tisdal - thank you for your response. I agree with your viewpoints. I also believe that Zion needs to hire a Public Relations / Marketing person that understands the oil business and human nature. Most of the press releases to date contained positive information but were overshadowed by the negative information. For instance, WHY would ZION consolidate two pieces of important information into one press release (e.g., Zion has a new president, and Zion is shutting down for the holidays).

While the press releases may be reviewed internally and by their internal/external legal department, they are poorly written from a marketing and public relations viewpoint. Why didn't the press release provide more details about the operations, shutdown plans, and justification for not resuming operations until the MIDDLE of Oct? This leaves TOO much room for speculation from EVERYONE.

We all agree that they need to be more transparent, but they still haven't gotten the message (even while the pps keeps falling). I will not invest any more money into the rights offering or purchase any more shares until Zion starts providing us with more details. I am hanging on to my stock, but I anticipate that it will become worthless while we are waiting for positive information. This drop in price also impacts Zion's market cap. Are they paying attention to that as well?