from 7-11 filing cited below
Item 8.01 Other Events
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." the sec has not called zn a scam nor has a court nor has any other ruling body
the sec has not made any public pronoucement re zn
so where do you insiders get all your inside info to back up your shouts of scam on every stock you target?
i know u are relying on one court case which said that shouting scam on an internet board was just an opinion and thus not actionable according to that one judge and that one jurisdiction
this is sometimes a problem where the law has not caught up to new technology or forums of expression
but that one judge is not the law of the land
and you are not presenting your shouts of scam as an opinion but as fact
as i've said before, the usa supreme court standard for defamation re a public official is "reckless disregard for the truth" something i see all the time when many call zn a scam
and zn officers are not public officials-public co but not public officials- dont hold any political office etc nor do they make their fame(if any) from being associated with zn
there is a sliding standard for defamation=- for an ordinary person all that must be shown is a negligence standard
zn is somewhere in between those standards
a whistle blower who apparently runs a shorting cartel with probably prejudice against zn's mission filed a lengthy complaint against zn
so it would not be a surprise that the sec would follow up on such complaint
zn itself said in effect that they were overdue for a look see as they had not had one in their 18 years of operation
Until SEC or a court or some other governing body rules-after careful investigation and due process- shouting scam without even qualifying it as an opinion-is either very advanced insider info( for many months now) or actionable defamation
since when is a private individual judge jury and executioner in a land of 'innocent until proven guilty'
https://www.otcmarkets.com/filing/html?id=128...n_AwxcHsth
