the annual 10 k was filed 3-27 a follows
https://www.otcmarkets.com/filing/html?id=165...piQAeIUBhh
I've been too busy to keep track lately
if anybody has questions on 10k feel free to ask
znog applied for new license jan 24 =- but due to change of govt in israel (a common thing in the last few years) the proper govt authority who would review was not appointed for some time
and so they are still waiting for renewal of the license -they set these things out on p2 and 5 if remember
there a was a large impairment charge of the capitalized costs associated well no 2 on jezreel megiddo since such well was declared currently non- commercial
surprisingly since june 21 2018 sec still looking into things- experts on these things have said they normally take 2 years to investigate- dont know what they could be doing for almost 5 years now - imo these things are often political-certainly the charges were as they were brought by factions linked to shorters-as more fully explained on other boards
their otcqx standing is in danger if they dont get minimum stock price to 10 c for 10 consecutive days by ca july 10
if not drop down to otcqb (or alternatively pinks as 10k says)
min otcqx price 10 c min otcqb price 1 cent
nothing inherently wrong with either posting
otcqx often used as big board substitute for foreign big boys who want to save on big board costs and red tape as adidas and walmart of mexico did
otcqb used to be called simply "fully reporting "
as opposed to pinks back then) simply meaning sec reporting
all otcqb stocks are sec reporting
the only problem is the incomprehensible ignorance of many stockbrokers who know nothing about the otc market and thus steer their clients away from such out of ignorance- and if they do know anything they often assume its still like the pre 2000 wild west days
more clients - big boys -are lost-except for unscrupulous hedge funds-as you drop down to each lower tier -
even though investing in such otcqb and otcqx stocks does not violate any fiduciary duty (but boards out of ignorance in reliance on ignorant stockbrokers may steer companies away from otc stocks as noted above)
in the pink world penny investors are terrified of a r/s -but thats bc such stocks often dont have a product or a plan to actually earn money with equipment etc
which is different than ZNOG
90 day period to exercise last batch of warrants probably ends in may - i dont pay much attention to that and pps hasnt either from what i've seen
CA 4.6 m; CL just under 4M- so they need to raise money at the low low price they are doing unless they r/s- a subject normally preserved for voting at an annual meeting - which is in june- they have made no mention of any r/s to my knowledge
also they are without a license for 1st time in a long time until their jan 24 2023 preliminary license app is approved
almost as if they are in a position where they need more than natural help -which is sometimes the safest place to be - the important thing is to be in His Will-thats where the miracles happen-i've experienced many in my life
(though the new tech methods they plan on using to reenter well no 1 on the same well pad i'm sure have utility)
i havent read the last post yet
https://www.otcmarkets.com/filing/html?id=165...piQAeIUBhh
I've been too busy to keep track lately
if anybody has questions on 10k feel free to ask
znog applied for new license jan 24 =- but due to change of govt in israel (a common thing in the last few years) the proper govt authority who would review was not appointed for some time
and so they are still waiting for renewal of the license -they set these things out on p2 and 5 if remember
there a was a large impairment charge of the capitalized costs associated well no 2 on jezreel megiddo since such well was declared currently non- commercial
surprisingly since june 21 2018 sec still looking into things- experts on these things have said they normally take 2 years to investigate- dont know what they could be doing for almost 5 years now - imo these things are often political-certainly the charges were as they were brought by factions linked to shorters-as more fully explained on other boards
their otcqx standing is in danger if they dont get minimum stock price to 10 c for 10 consecutive days by ca july 10
if not drop down to otcqb (or alternatively pinks as 10k says)
min otcqx price 10 c min otcqb price 1 cent
nothing inherently wrong with either posting
otcqx often used as big board substitute for foreign big boys who want to save on big board costs and red tape as adidas and walmart of mexico did
otcqb used to be called simply "fully reporting "
as opposed to pinks back then) simply meaning sec reporting all otcqb stocks are sec reporting
the only problem is the incomprehensible ignorance of many stockbrokers who know nothing about the otc market and thus steer their clients away from such out of ignorance- and if they do know anything they often assume its still like the pre 2000 wild west days
more clients - big boys -are lost-except for unscrupulous hedge funds-as you drop down to each lower tier -
even though investing in such otcqb and otcqx stocks does not violate any fiduciary duty (but boards out of ignorance in reliance on ignorant stockbrokers may steer companies away from otc stocks as noted above)
in the pink world penny investors are terrified of a r/s -but thats bc such stocks often dont have a product or a plan to actually earn money with equipment etc
which is different than ZNOG
90 day period to exercise last batch of warrants probably ends in may - i dont pay much attention to that and pps hasnt either from what i've seen
CA 4.6 m; CL just under 4M- so they need to raise money at the low low price they are doing unless they r/s- a subject normally preserved for voting at an annual meeting - which is in june- they have made no mention of any r/s to my knowledge
also they are without a license for 1st time in a long time until their jan 24 2023 preliminary license app is approved
almost as if they are in a position where they need more than natural help -which is sometimes the safest place to be - the important thing is to be in His Will-thats where the miracles happen-i've experienced many in my life
(though the new tech methods they plan on using to reenter well no 1 on the same well pad i'm sure have utility)
i havent read the last post yet
1
