Replies to post #47428 on Zion Oil & Gas Inc (ZNOG)

[Mj7777]

It can only1 be the latter,.... they need more money
Doesnt make sense to extend something, it was a gamble
Unless its their best friends holding the warrants

[IRisky]

I'm starting to wonder.....

My Peruvian Flake Investments are starting to reap huge returns and ZN is still at ZERO.

[J777S]

Yes, I was always relieved when it became apparent time was up on my warrants ZION graciously extended my opportunity to buy on the cheap in the future.

I am not aware of any other way to look at it if you are a warrant owner and never selling until stock price is 20.00 plus.

I have always felt the extensions reflected well on our company?

Am I missing something? Enlighten me.