Buying into Zion is Gambling. Expendable Cash Only!!!
If you have cash that you would use as kindling to start a fire, then put it here instead. Ya, that kind of Expendable Cash ;-).
This is a HIGHLY SPECULATIVE play. If you are not willing to lose the money, do not put it here. Most HIGHLY SPECULATATIVE investments come with a HIGH RISK, HIGH REWARD promise. Not so much here with ZNOG anymore. The outstanding shares have grown to such a number that the reward is heavily diluted.
I have been here for almost 15 Years now. I have not lost a cent because I have not sold a share; however, if one were to look back to the prices over the last 15 years, you will see at what price I started buying.
The following is not a complaint or meant to be anything but a statement of FACT:
1. This company has never, ever, ever, made a penny.
2. We are on our fourth? CEO.
3. To date, the only ones making money here are Mr. Brown, the Directors and the Employees.
4. The resume's of the upper management team are awesome, but (to date) we have had no need of their services. It's like having an amazing bull-pen but no one can find their glove :-).
5. Every year it's, "This is the year we find oil in Israel".
The one true positive about an investment here is that you will be blessed because you are directly investing in the future of Israel and blessing them.
DO NOT INVEST thinking you are going to get rich. That opportunity went out the window after MJ01 failed. At that time, there were only 60M shares outstanding. Now there are almost 4 times that number of shares outstanding.
The Reward here has been diluted because the stock is used as currency. That will not last much longer as people begin to realize that the stock is going to become worthless and therefore is no longer viable.
If oil is not found this time ...
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