just noticed that this post of many days ago reply
Post# of 1012
of course there is never any direct notice that a post has been removed so by the time u re-post it (removing any possible material) much of the damage by a basher has been done
"sorry-i dont know whether u are long or short -and if zn deleted your post then obviously they dont either- but let me explain:
we've discussed this before ad nauseum bc of some shouting 'fire' and 'the sky is falling'
the sky is not falling- zn had 180 days from the notice to raise bid pps to 1 dollar or move to another qualifying sector of the nasdaq- assuming they meet market value requirements etc of the alternative qualification
and as a last resort they can always r/s if they want to remain on the big boards rather than the otcqx (min bid pps of .25)
btw,theres nothing wrong w the otcqx either- walmart of mexico and adidas are examples of co's that were on the otcqx- which contains many foreign blue chips- bc despite having the near equivalent reporting information it is much cheaper to list on the otcqx-doesnt require a 150k/yr listing price and only requires 25c pps
every companies wish is that they will be able to show value sufficient to bring pps to 1 dollar during these time frames rather than r/s (which is not the disaster some always portray)-
r/s has a nasty connotation bc of the occurrence in companies where pps falls to .0001 so the co will r/s to raise money via stock issuance bc the company has no other way to raise money- those .0001 companies sometimes dont even have a product and are just a shell with no assets-
zn is not in that company- but those who immediately jump on the r/s bandwagon are implying zn is-which is a great insult to zn and all the hard work they are doing daily as a real nonshell co spending millions to show value
if other activities raise the pps or if the 3d survey makes a good case for a reservoir,there is a good chance the min bid pps will reach one dollar for 10 days-and then restart the clock
and then before that clock runs out there is a good chance that zn could reach whatever reservoir is identified by the 3d
some always forget there is 2 sides to a story
so as in the link below zn feels it has answered that question -in the link below zn notes they have 180 days to raise pps or slide to another qualifying segment of the nasdaq market based on market value- and if that doesnt work -and zn will be watching the min bid -as a last resort zn can r/s to remain on the nasdaq
those who immediately jump on the r/s option are betting on failure -they are the same who call zn a scam
they are betting that all of zn's efforts to show value will fail-its on that basis that zn would delete posts if they did - i just dont follow facebook for many reasons
https://www.otcmarkets.com/filing/html?id=131...qxrs0NjJyh