Replies to post #52869 on Zion Oil & Gas Inc (ZNOG)

[KyOil]

I was going to post the same two lines from page 25 of the 10Q and will again just for completeness:

For the three months ended March 31, 2023, and 2022, approximately $792,000 and $11,427,000 were raised under the DSPP program, respectively.

The company raised approximately $761,000 from the period April 1, 2023 through May 9, 2023, under the DSPP program.

Without communicating to investors what the opportunity is Zion will not be successful in raising funds. Also it looks like THE Whale is no longer participating in the DSPP.

[TAB78]

Markets reaction to the numbers, was actually positive, review the 5 day chart

What will the company do now?

If their listening to us, then they will do what is right and slash overhead by 90% PDQ style

$600k a month for non producing, non drilling company is insanity

"Insanity is doing the same thing over and over and expecting different results.” That witticism—I'll call it “Einstein Insanity”"

Then make some calls and see if they can the licensing sped up, once in hand, announce receipt of license and come out with a sweater offering deal at the same time reveal more data on why reopening MJ#1 is a good idea and leave the fluff out of the announcement.