I don't recall anyone saying there will not be any lease, unless it was tied to ZNOG running out of funds.
Most said that they were asking people to invest when they did not even have a lease.
This whole school cheerleading posting is absurd.
Yeah, Zion got a new three year lease after months and months of having no lease. So the stock gets a short term bump with some large sells tempering that bump.
Zion still needs $10m dollars right? Or will they fundraise for 2 years and finally announce in year 3 - they have moved the drilling rig and are finally about to begin drilling. Hoping to obtain more money and keep those salary payments flowing.
All this focus on Bruce, cracks me up. I mean eating crow because the lease was finally approved for three years. The company probably has roughly $400k left in cash and is spending around $97k a month.
If people don't start investing, that is going to be one skinny crow dying from starvation that Bruce is figuratively eating.
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