shortly after i mused re sec investigation still going -on April 10 they sent this to group emails and i imagine on their website
photographic material didnt copy
Update on SEC Investigation
Inbox
Zion Oil and Gas, Inc.
Mon, Apr 10, 5:56 AM (2 days ago)
April 10, 2023: Zion Oil & Gas Update
Dear Zion Shareholders and Supporters,
We are pleased to inform you that the SEC notified us on April 5, 2023, that it has concluded its investigation into our company, which began in 2018, and does not intend to recommend an enforcement action against Zion Oil & Gas.
This outcome is a testament to our company's commitment to maintaining the highest standards of integrity and transparency in all our operations.
We would like to take this opportunity to express our gratitude for your unwavering support and trust in Zion Oil & Gas throughout this process. Your confidence in our mission and operations has been invaluable as we have navigated through this challenging period.
As we continue our work in the Megiddo-Jezreel Valley, we remain dedicated to upholding the highest levels of compliance, accountability, and transparency. We will keep you updated on our progress as we advance our exploration efforts and strive to achieve our goals.
Once again, thank you for standing with us during this time. We give full glory to God for His powerful ongoing deliverance for Zion during this season of Passover! We appreciate your continued support and prayers, and we are excited to move forward together on our mission to explore for oil and gas in Israel.
Sincerely,
Rob Dunn, Zion CEO
We are currently offering a NEW UNIT Program
A UNIT contains both Zion stock and warrants (UNIT = Stock + Warrants).
Stock is a type of investment that represents ownership in Zion Oil & Gas.
Warrants are options to purchase stock later at the set $0.05 price per Warrant.
Note: Stock investments will be purchased at today’s high-low average market price if purchased before 4 PM (USA Eastern Time, UTC−8 PM). If the purchase is made after market close, your stock purchase price will be determined by the high-low average of the following market day.
NEW UNIT PROGRAM DETAILS:
For each $250.00 UNIT you receive:
$250.00 of ZNOG Stock for today's high-low average (if purchased before 4 pm Eastern).
500 Warrants with an exercise price of $0.05 each for 90 days.
You can purchase these UNITS until Zion raises $7.5 million or until 11:59 pm (your current time) on Thursday, April 27, 2023.
The Warrants will first become exercisable depending on the purchase date over three periods:
March 13-26, exercisable on March 31 for 90 days.
March 27-April 9, exercisable on April 14 for 90 days.
April 10 - 27, exercisable on May 2 for 90 days.
Bonus:
Those who purchase UNITS and sign up (or are already enrolled) for Automatic Monthly Investments (AMI), will receive:
50 Additional Warrants if enrolled for at least $50/month.
100 Additional Warrants if enrolled for at least $100/month.
250 Additional Warrants if enrolled for at least $250/month.
500 Additional Warrants if enrolled for at least $500/month.
* This Unit Program will end on Thursday, April 27, 2023. (Early termination if $7.5 million is raised.)
PURCHASE UNITS NOW
FORWARD-LOOKING STATEMENTS: Statements in this communication that are not historical fact, including, but not limited to, statements regarding Zion’s operations and the results therefrom, including testing and completion; Zion's ability to discover and produce oil in commercial quantities; Zion’s ability to continue as a going concern; operational risks in ongoing exploration efforts; regulatory approvals needed for our license and the rig’s operation; the effect, if any, of the coronavirus pandemic on the timing of the operation of the well, and liquidity for shareholders on OTCQX are forward-looking statements as defined in the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on assumptions that are subject to significant known and unknown risks, uncertainties, and other unpredictable factors, many of which are described in Zion’s periodic reports filed with the SEC and are beyond Zion’s control. These risks could cause Zion’s actual performance to differ materially from the results predicted by these forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A in Zion’s Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in Zion’s filings with the SEC. Zion can give no assurance that the expectations reflected in these statements will prove to be correct and assumes no responsibility to update these statements.
photographic material didnt copy
Update on SEC Investigation
Inbox
Zion Oil and Gas, Inc.
Mon, Apr 10, 5:56 AM (2 days ago)
April 10, 2023: Zion Oil & Gas Update
Dear Zion Shareholders and Supporters,
We are pleased to inform you that the SEC notified us on April 5, 2023, that it has concluded its investigation into our company, which began in 2018, and does not intend to recommend an enforcement action against Zion Oil & Gas.
This outcome is a testament to our company's commitment to maintaining the highest standards of integrity and transparency in all our operations.
We would like to take this opportunity to express our gratitude for your unwavering support and trust in Zion Oil & Gas throughout this process. Your confidence in our mission and operations has been invaluable as we have navigated through this challenging period.
As we continue our work in the Megiddo-Jezreel Valley, we remain dedicated to upholding the highest levels of compliance, accountability, and transparency. We will keep you updated on our progress as we advance our exploration efforts and strive to achieve our goals.
Once again, thank you for standing with us during this time. We give full glory to God for His powerful ongoing deliverance for Zion during this season of Passover! We appreciate your continued support and prayers, and we are excited to move forward together on our mission to explore for oil and gas in Israel.
Sincerely,
Rob Dunn, Zion CEO
We are currently offering a NEW UNIT Program
A UNIT contains both Zion stock and warrants (UNIT = Stock + Warrants).
Stock is a type of investment that represents ownership in Zion Oil & Gas.
Warrants are options to purchase stock later at the set $0.05 price per Warrant.
Note: Stock investments will be purchased at today’s high-low average market price if purchased before 4 PM (USA Eastern Time, UTC−8 PM). If the purchase is made after market close, your stock purchase price will be determined by the high-low average of the following market day.
NEW UNIT PROGRAM DETAILS:
For each $250.00 UNIT you receive:
$250.00 of ZNOG Stock for today's high-low average (if purchased before 4 pm Eastern).
500 Warrants with an exercise price of $0.05 each for 90 days.
You can purchase these UNITS until Zion raises $7.5 million or until 11:59 pm (your current time) on Thursday, April 27, 2023.
The Warrants will first become exercisable depending on the purchase date over three periods:
March 13-26, exercisable on March 31 for 90 days.
March 27-April 9, exercisable on April 14 for 90 days.
April 10 - 27, exercisable on May 2 for 90 days.
Bonus:
Those who purchase UNITS and sign up (or are already enrolled) for Automatic Monthly Investments (AMI), will receive:
50 Additional Warrants if enrolled for at least $50/month.
100 Additional Warrants if enrolled for at least $100/month.
250 Additional Warrants if enrolled for at least $250/month.
500 Additional Warrants if enrolled for at least $500/month.
* This Unit Program will end on Thursday, April 27, 2023. (Early termination if $7.5 million is raised.)
PURCHASE UNITS NOW
FORWARD-LOOKING STATEMENTS: Statements in this communication that are not historical fact, including, but not limited to, statements regarding Zion’s operations and the results therefrom, including testing and completion; Zion's ability to discover and produce oil in commercial quantities; Zion’s ability to continue as a going concern; operational risks in ongoing exploration efforts; regulatory approvals needed for our license and the rig’s operation; the effect, if any, of the coronavirus pandemic on the timing of the operation of the well, and liquidity for shareholders on OTCQX are forward-looking statements as defined in the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on assumptions that are subject to significant known and unknown risks, uncertainties, and other unpredictable factors, many of which are described in Zion’s periodic reports filed with the SEC and are beyond Zion’s control. These risks could cause Zion’s actual performance to differ materially from the results predicted by these forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A in Zion’s Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in Zion’s filings with the SEC. Zion can give no assurance that the expectations reflected in these statements will prove to be correct and assumes no responsibility to update these statements.
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