Since the 8.01 event below there have been four fi
Post# of 1012
this is imo because the market is very shortsighted- not looking 9 months down the road as the market is theoretically suppose to do
rather the market -at least many otc companies (which ZN now is -being on the top tier of the otc- the OTCQX) is controlled by various mutant groups of manipulators-whose purpose is to make a quick killing by siphoning off the pps-such as shorters mm's brokers flippers and often speculators-
all at the expense of retail longs
the upside is our observations of the abovementioned filings-which indicate ZNOG is settling in for the long haul- testing followed by presumed infrastructure build out subsequent to testing confirmation of a discovery
the 10 form four forms filed by peter piper are filed at ca the lowest pps we've seen- which hopefully means ZNOG expects pps to rise long term from here- no guarantees -very few guarantees anywhere in this scamming get rich quick world
on the positive side there are no known officer/director abandon ship defections-all are presenting a unified long haul picture to my knowledge- which at least means the 3d etc info available to them allows for a significant discovery (doesnt guarantee)
the mutant scammers are still prevailing over long term logic, as is common to most of the otc world and even a good portion of the non-otc world -where the market runs on big boys insider knowledge hft etc-who are also scamming retail longs-without which the market could not run!!!
https://www.otcmarkets.com/stock/ZNOG/disclosure
Item 8.01 Other Events.
Zion Oil and Gas, Inc., a Delaware corporation, which has an active petroleum exploration license onshore Israel on their 99,000-acre Megiddo-Jezreel license area, has been granted an extension of its “New Megiddo”/428 License.
On November 29, 2021, the Ministry of Energy in Israel granted Zion Oil & Gas an extension of the “New Megiddo”/428 License until August 1, 2022 for the purpose of completing the activities regarding its MJ-02 drilling and testing.