Replies to post #47326 on Zion Oil & Gas Inc (ZNOG)

[Bruce_Mcdonalds]

Instead of cutting 3% royalty checks to various established Israel charities, they created a FOUNDATION, like the Clinton Foundation, to pay themselves.

So let's use the Clinton Foundation as an example. As you know, 99% of what the Clinton Foundation collects goes to charity. Unfortunately 85% of that is administrative. So only 15% actually goes to charity.

The #1 person who benefits the most from the Clinton Foundation is the Clintons.

The #1 person who benefits the most from the SWISS Charitable Division of Zion Oil is Zion Oil,

The #1 person who benefits the most from the Texas Division of the Charitable Zion Oil Foundation is Zion Oil.

Investors will not see a penny.

[Mj7777]

... but do u know what kind of charities, who is on the board of these charities taking out salaries
In usa, charitoes are usually a way for rich people to avoid taxes! Please grow up