Replies to post #49374 on Zion Oil & Gas Inc (ZNOG)

[Porgie Tirebiter]

All I've got is what's available to anyone on the OTC market site:
https://www.otcmarkets.com/stock/ZNOG/security

Outstanding Shares: 445,687,058 as of 4/04/2022
Held at DTC: 387,600,716 as of 4/04/2022

Outstanding Shares: 469,878,282 as of 6/01/2022
Held at DTC: 387,794,425 as of 6/01/2022

So an approximate 5.5% rise in "Outstanding Shares: in the last 8 weeks.

What's interesting though is the "Held at DTC" (representing shares held by retail brokerage customers) increased only .05% in the last 8 weeks. So the dilution has not been hitting retail at the rate it was over the last year. The lack of new retail shares being dumped into the market is probably the best explanation for the price drifting higher over the last two months.

Note that the company won't share the true "Float" with it's shareholders, but seeing that it was only 61,293,788 as of 11/08/2021 shows how brutal the dilution has been,

[microcaps1]

i don t know off hand but stock changes in no of shares -including via dspp are on page 3 of 3-31-22 10q which states over 11m raised via dspp from jan 1 to 3-31-22 and ca 2.5 m raised frm 3-31-22 to may 6,2022 via dspp

on p 24 0f 10q
For the three months ended March 31, 2022, and 2021, approximately $11,427,000, and $2,849,000 were raised under the DSPP program, respectively.
The company raised approximately $2,585,000 from the period April 1, 2022 through May 6, 2022, under the DSPP program.

the float quoted to you of 61m as of -- is incorrect no doubt though stated on https://www.otcmarkets.com/stock/ZNOG/security-