Replies to post #32606 on Zion Oil & Gas Inc (ZNOG)

[Bruce_Mcdonalds]

And Zion Oil is on the third CEO since they opened the SEC investigation. Does that tell you anything?
That there are accounting irregularities is not in question, the only unknown is if the SEC sees those as criminal. Incidentally, since the SEC opened the investigation, the accounting firm quit, too. Tell you anything?
It's an investigation, not a matter. Top management people have been terminated. Last November's 6 to 12 month one and only [3D seismic] project has been placed on hold, to restart in April 2020. The stock has lost over 90% of it's value. 18 months ago the CEO, COO, and President went on the GodTV interview circuit saying they discovered and independently verified oil at their drill site, where is it? Plugged and sealed? Oh wait, it's hiding, and the 3D seismic test, to be completed by Feb of 2021, will tell us where the oil they found in Feb of 2018 is.
To tell the truth, many still don't get it. But they will!