Replies to post #28703 on Zion Oil & Gas Inc (ZNOG)

[tisdal]

Another frivolous lawsuit

A second lawsuit, filed Monday by Keith Smith, also accuses company officials of withholding information about the SEC investigation and that they were "improperly over-compensated."

So Mr. Smith, prior to investing in Zion, one would assume that you read the Company's SEC filings. Prior to making an investment, any intelligent investor would perform Due Diligence. At the time of your investment, the salarys were fine; however, now that you have sold for a loss, you feel it necessary to file a suit against the same company that you fully researched because now their salaries are too high.

GET OUT OF MY COURT ROOM!!

[janice shell]

july 11 8k satisfying zn's legal requirement to notify investors within 20 days

You've said that several times. What do you mean by it? An 8-K must be filed within four days of the occurrence of a material event.

In addition, motions for summary judgment are very hard to win, especially by defendants. They require that the party filing the motion prove to the judge's satisfaction that none of the facts of the case are in dispute.

Needless to say, that is not so easy to do.