before it s eliminated i will post this impressive
Post# of 1012
(Total Views: 181)
Posted On: 07/13/2018 10:59:57 PM
before it s eliminated i will post this impressive post by jryan to whom isent a pm on the basher board but doubt he received it
sorry his formatting and colors are not copied
Lets Review shall we?
Like Clockwork the Financial Times comes out with a "we told you so' article. It will be the one that pops up for those that are not following closely. It will cause shareholders to sell. To whom? My guess is the shorts, or at least some of them.
https://finance.yahoo.com/m/4909586e-3420-30d...s-sec.html
This is what you NEED to see about this, note:
Quote:. Probes Reporter, which first sniffed out a possible investigation via requests under the Freedom of Information Act, was onto something after all.
Well of course Probes sniffed it out, he sent it in to begin with! We have shown this in posts before. If you are reading this for the first time see here:
https://investorshub.advfn.com/boards/read_ms...=142149096
Note the dates!! I will publicly state that I think this Panda, Probes Reporter, and the Financial Times author are working together. Prove me wrong!
Zion did not know 'officially' but they knew as they watch these boards just like us. I told them to file a defamation suit to at least put the 'scum' on notice but Zion did not, and now here we are.
I still trust they know what they are doing and I have not lost a dime because I have not sold and to state again, my share are NOT for sale @$25 let alone $3.
The tree is being shaken, what fruit will fall?
On to some other thoughts and answers....
Quote:JR, good morning, would you say the timing of this latest news story is a non-issue?!
Absolutely NOT! We should have known it was coming. The shorts have risen from a little over three million to six million. That is 10% of our stock. These 'scum' make no money unless the buy the shares back for less than they sold them for.
The SEC is doing their job I would think. They must have had multiple complaints over the last few months and decided to look into it. I am not fearful of that, my only regret is I am out of powder and can not purchase more shares at these cheap prices.
Quote:The SEC doesn't confirm oil well logs. The SEC is investigating the last 10 yrs of financials, and how this company has operated as a business.
True - and that is what the Panda and Probes were after, the squeaky wheel gets the grease. They needed that share price to drop and coordination to do just that began. I wonder if the fee for this one was over $20,000. I believe that would be for the penny stocks, not one on the NASDAQ. I bet his fee was much greater for this hack job. Give him credit, it worked. This has cost Zion over $45 million in capitalization in less then 3 days.
Quote:ZN may be in the middle of an information spat with the SEC and the Israeli Government.
Folks that have been reading my posts for a while will note that I have said multiple times, the geopolitical situation is somehow related to what is going on. Genie is a confirmation of this. The SEC is just following up on leads they were given, honest ones or not.
Quote:I do not think that the management of this company would intentionally break any SEC rules,they all seem to be Honorable individuals .
THIS^
Quote:Y'all help me out please. We have a lot of shares selling, to be a sell there has to be a buyer. Who is the buyer?
Sorry for such a rudimentary question
Shorty, they sold shares at greater than $4, you need them lower to make your money. Buy them back at $3 and you made a buck. What would drive the timing? If that share price jumps to $10, you now have to buy those shares back at a $6 loss. Remember 6 million of our shares, 10% are sold short! Let that sink in.
If 'word' has leaked then for sure it is shorty covering after Probes has been paid to do what it is he does.
Quote:I agree, IMO management would not intentionally violate laws, rules or regulations. If something is found it is my opinion that no intent will be found. Therefore if something is found is found it is my opinion a fine will be paid is all.
Again THIS^ - I am 100% comfortable with this. They have always followed the rules and have been extra meticulous in doing so being in Israel and what the company stands for. If something was done that was not right, I am sure it was unintentional and amends will be made.
Ask yourself, why would the CEO gift shares when he was already aware of said SEC action? Think long and hard about that one.
I think we also have an answer to why Zion has been on lock down for the last three weeks.
I am not worried really, as I have said, I am willing to lose it all.
Quote:tisdal, it certainly is in the realm of possibility that the TX SEC wants to see documents before ZN announces a big find. Logs, 3rd party assessment, and test results would all be important. The rationale of the SEC would be to avoid a scam where investors are mislead about a big find that did not in fact exist.
I am not sure but it would make sense. Let reexamine the 8k.
Quote: On Thursday, June 21, 2018, Zion Oil & Gas, Inc. (“Zion” or “Company”) received a subpoena to produce documents from the Fort Worth office of the Securities and Exchange Commission ("SEC"
, informing Zion of the existence of a non-public, fact-finding inquiry into the Company. Zion, an SEC-reporting company with audited financial statements in the US and Israel for over a decade, will fully cooperate with this investigation. Until receipt of the subpoena on June 21, 2018, Zion had no previous communication with the SEC on this issue and was unaware of this investigation. The SEC stated that "the investigation and the subpoena do not mean that we have concluded that [Zion] or anyone else has violated the law."
While we acknowledge that our response to the subpoena will necessarily entail significant costs and management's attention, it should have no effect on Zion's ongoing testing procedures on its Megiddo-Jezreel #1 well. The Company does not intend to comment further on this matter unless in the Company’s judgment, it merits further comment or public disclosure.
Lets look at timeline.
2018
unknown = Call or correspondence from Probes to SEC about Zion. the initial shot over the bow.
Feb 23rd - first FOIA request and SEC found nothing.
March 29th - SEC denied Probes FOIA request on Zion records back to Mar 2016.
April 11th - Probes filed an appeal claiming the SEC did not look hard enough.
May 15 - Letter to Probes Reporter from SEC , states they failed to find some records the first time around. Tells them the records are protected and he can not have them. Why, two reasons. First - Law Enforcement reason either pending or possible. Second - Release could cause harm. Here is where Probes highlights the following statement:
Quote:"We have confirmed with staff that releasing the withheld materials could reasonably be expected to interfere with on-going enforcement proceedings.."
Now pay attention... He cuts out the bottom of that same letter!!
See for yourself.
\
June 21 - Zion get official notice of an active investigation into something. The something I am not sure, I hear it is financial records but I have not seen proof.
July 3rd - Zion CEO gifts shares. Headlines state Zion CEO Dumps shares but IH quickly figured out that it was NOT a sale.
July 11th - Zion Oil and Gas files an 8-K informing shareholders that the SEC has issued a subpoena.
https://www.nasdaq.com/symbol/zn/insider-trades
Quote:imo zn is now under attack by a well known shorting cartel i've done battle w before-sec specialists
Yes and we should have seen it coming, the endgame is near one way or another. The SEC thing does not scare me, I just wish Zion would address this is some manner.
sorry his formatting and colors are not copied
Lets Review shall we?
Like Clockwork the Financial Times comes out with a "we told you so' article. It will be the one that pops up for those that are not following closely. It will cause shareholders to sell. To whom? My guess is the shorts, or at least some of them.
https://finance.yahoo.com/m/4909586e-3420-30d...s-sec.html
This is what you NEED to see about this, note:
Quote:. Probes Reporter, which first sniffed out a possible investigation via requests under the Freedom of Information Act, was onto something after all.
Well of course Probes sniffed it out, he sent it in to begin with! We have shown this in posts before. If you are reading this for the first time see here:
https://investorshub.advfn.com/boards/read_ms...=142149096
Note the dates!! I will publicly state that I think this Panda, Probes Reporter, and the Financial Times author are working together. Prove me wrong!
Zion did not know 'officially' but they knew as they watch these boards just like us. I told them to file a defamation suit to at least put the 'scum' on notice but Zion did not, and now here we are.
I still trust they know what they are doing and I have not lost a dime because I have not sold and to state again, my share are NOT for sale @$25 let alone $3.
The tree is being shaken, what fruit will fall?
On to some other thoughts and answers....
Quote:JR, good morning, would you say the timing of this latest news story is a non-issue?!
Absolutely NOT! We should have known it was coming. The shorts have risen from a little over three million to six million. That is 10% of our stock. These 'scum' make no money unless the buy the shares back for less than they sold them for.
The SEC is doing their job I would think. They must have had multiple complaints over the last few months and decided to look into it. I am not fearful of that, my only regret is I am out of powder and can not purchase more shares at these cheap prices.
Quote:The SEC doesn't confirm oil well logs. The SEC is investigating the last 10 yrs of financials, and how this company has operated as a business.
True - and that is what the Panda and Probes were after, the squeaky wheel gets the grease. They needed that share price to drop and coordination to do just that began. I wonder if the fee for this one was over $20,000. I believe that would be for the penny stocks, not one on the NASDAQ. I bet his fee was much greater for this hack job. Give him credit, it worked. This has cost Zion over $45 million in capitalization in less then 3 days.
Quote:ZN may be in the middle of an information spat with the SEC and the Israeli Government.
Folks that have been reading my posts for a while will note that I have said multiple times, the geopolitical situation is somehow related to what is going on. Genie is a confirmation of this. The SEC is just following up on leads they were given, honest ones or not.
Quote:I do not think that the management of this company would intentionally break any SEC rules,they all seem to be Honorable individuals .
THIS^
Quote:Y'all help me out please. We have a lot of shares selling, to be a sell there has to be a buyer. Who is the buyer?
Sorry for such a rudimentary question
Shorty, they sold shares at greater than $4, you need them lower to make your money. Buy them back at $3 and you made a buck. What would drive the timing? If that share price jumps to $10, you now have to buy those shares back at a $6 loss. Remember 6 million of our shares, 10% are sold short! Let that sink in.
If 'word' has leaked then for sure it is shorty covering after Probes has been paid to do what it is he does.
Quote:I agree, IMO management would not intentionally violate laws, rules or regulations. If something is found it is my opinion that no intent will be found. Therefore if something is found is found it is my opinion a fine will be paid is all.
Again THIS^ - I am 100% comfortable with this. They have always followed the rules and have been extra meticulous in doing so being in Israel and what the company stands for. If something was done that was not right, I am sure it was unintentional and amends will be made.
Ask yourself, why would the CEO gift shares when he was already aware of said SEC action? Think long and hard about that one.
I think we also have an answer to why Zion has been on lock down for the last three weeks.
I am not worried really, as I have said, I am willing to lose it all.
Quote:tisdal, it certainly is in the realm of possibility that the TX SEC wants to see documents before ZN announces a big find. Logs, 3rd party assessment, and test results would all be important. The rationale of the SEC would be to avoid a scam where investors are mislead about a big find that did not in fact exist.
I am not sure but it would make sense. Let reexamine the 8k.
Quote: On Thursday, June 21, 2018, Zion Oil & Gas, Inc. (“Zion” or “Company”) received a subpoena to produce documents from the Fort Worth office of the Securities and Exchange Commission ("SEC"
, informing Zion of the existence of a non-public, fact-finding inquiry into the Company. Zion, an SEC-reporting company with audited financial statements in the US and Israel for over a decade, will fully cooperate with this investigation. Until receipt of the subpoena on June 21, 2018, Zion had no previous communication with the SEC on this issue and was unaware of this investigation. The SEC stated that "the investigation and the subpoena do not mean that we have concluded that [Zion] or anyone else has violated the law." While we acknowledge that our response to the subpoena will necessarily entail significant costs and management's attention, it should have no effect on Zion's ongoing testing procedures on its Megiddo-Jezreel #1 well. The Company does not intend to comment further on this matter unless in the Company’s judgment, it merits further comment or public disclosure.
Lets look at timeline.
2018
unknown = Call or correspondence from Probes to SEC about Zion. the initial shot over the bow.
Feb 23rd - first FOIA request and SEC found nothing.
March 29th - SEC denied Probes FOIA request on Zion records back to Mar 2016.
April 11th - Probes filed an appeal claiming the SEC did not look hard enough.
May 15 - Letter to Probes Reporter from SEC , states they failed to find some records the first time around. Tells them the records are protected and he can not have them. Why, two reasons. First - Law Enforcement reason either pending or possible. Second - Release could cause harm. Here is where Probes highlights the following statement:
Quote:"We have confirmed with staff that releasing the withheld materials could reasonably be expected to interfere with on-going enforcement proceedings.."
Now pay attention... He cuts out the bottom of that same letter!!
See for yourself.
\
June 21 - Zion get official notice of an active investigation into something. The something I am not sure, I hear it is financial records but I have not seen proof.
July 3rd - Zion CEO gifts shares. Headlines state Zion CEO Dumps shares but IH quickly figured out that it was NOT a sale.
July 11th - Zion Oil and Gas files an 8-K informing shareholders that the SEC has issued a subpoena.
https://www.nasdaq.com/symbol/zn/insider-trades
Quote:imo zn is now under attack by a well known shorting cartel i've done battle w before-sec specialists
Yes and we should have seen it coming, the endgame is near one way or another. The SEC thing does not scare me, I just wish Zion would address this is some manner.
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