Replies to post #53696 on Zion Oil & Gas Inc (ZNOG)

[MrDicern]

Way to much logic. Did you really think all those people getting paid are in this for JB's vision? I believe no salary and they all leave the company, despite getting paid to essentially raise money, all these years.

[Bruce_Mcdonalds]

Unfortunately, it would be illegal to furlough a group of 17 "workers" whose median and average age is 74, in a way such that the company doesn't have to pay severance, unemployment, retirement, and other golden parachutes benefits that they are legally obligated to pay. A "legal" furlough which paid the workers what they are entitled would save exactly nothing. Which was the point of my previous posts showing the actual ages of the 17 senior staff and board members. ZION OIL CAN'T AFFORD TO TERMINATE OR FURLOUGH anyone!

And with the average age being 74, boy, would that age discrimination class action employee lawsuit ever be brutal, especially if you tried to furlough any of their senior lawyers on staff!

[married50]

So they should work for nothing? That makes about as much sense as it being an Affinity scam. Just one more post based on zero credibility.

[Monroe1]

Salaries for executives and board members should be put on furlough until the war is over and they can start drilling again.

I almost agree. They should be reduced to minimum wage. I dare say such a move would be well received by investors.