Post by Ethan / JRyan on Feb 7, 2020 20:08:12 GMT -5
Ok First,
Drilling Rig and operating company for the rig.
First thoughts - I remember that from the last time. It never was clear why the deal fell through, but I am sure there was a reason for it. Zion went ahead and drilled but came up empty. No problem.
Now here we are, the last month or so, the attacks of the boiler rooms increased, just take a look at the Hoo. Some old hats came back to resume bashing. So my thoughts are why? Why now? Not desisted as they keep saying but Zion moves on.
LINK TO ZION OIL PR ABOUT RIG 2010
Some important thoughts from that PR.
This is not the same thing....Close but not the same. Why did it not work out last time? Who knows but it is not really relevant at this point.
So that brings us to the recent period of time. Look at this day (Volume wise) FORGET PRICE.
Then this:
This is a MASSIVE amount of volume and no real reason why. I have paid attention to 8-k's and the % of ownership. That is what I am watching.
Why? Remember the fella that bought a bunch of stock here a while back? It was a shot in the arm to Zion Oil. Of course the noise went apeshit over it, but nonetheless, it happened.
So if you are still with me, follow what I think....
Scam right? That is what the noise says, but what scam does NOT take credit cards?
I have lost some of you by now and that is by design,
Now to the guts of the theory, say I have $10 million dollars that I want to invest in Zion Oil. Would I buy on the open market?
Say the average price during the time I did this was 0.25 cents. That is 40 million shares. It executes, and the $10 million goes directly into the Zion Oil coffers. They now have cash to buy the rig and some other expenses. They are good to go.
What happens to the share count? It just jumped to 150,000,000 shares outstanding.
I am diluted yes, but my company now can move forward with the plan.
As a stock holder I would not be mad at all, yes my price and investment just got diluted by 50%. The issue is, we are moving forward..
So how did we pay for the 3D? Same concept but only $3 million not this. Say we have 190 million shares authorized and outstanding, so this makes sense in the larger picture.
What does this mean?
It means that the attackers LOST. We are moving forward. Whom is this mystery buyer? I do not know and it could be a single person or a group of people.
Anyhow it is a theory and the numbers work for the most part. I have been saying accumulation has been going on, slow and steady.
Say 195,000,000 shares are issued. Someone has controlling interest now and it will soon have to be reported but that would explain some things in my mind.
Still this theory could be bunk, and most likely is, but still it has been what I have been thinking this last month and the craziness I have seen..
And no I have not been drinking (yet).
Good Day all and Forward we go.....
Drilling Rig and operating company for the rig.
First thoughts - I remember that from the last time. It never was clear why the deal fell through, but I am sure there was a reason for it. Zion went ahead and drilled but came up empty. No problem.
Now here we are, the last month or so, the attacks of the boiler rooms increased, just take a look at the Hoo. Some old hats came back to resume bashing. So my thoughts are why? Why now? Not desisted as they keep saying but Zion moves on.
LINK TO ZION OIL PR ABOUT RIG 2010
Some important thoughts from that PR.
The MoU outlines Zion's plan to establish a subsidiary, tentatively named "Zion Drilling, Inc.", which will purchase AME's 2,000 horsepower drilling rig (currently located at Zion's Ma'anit-Rehoboth #2 wellsite, in Israel) in exchange for an initial payment of US$ 7.0 million and a series of US$ 1.0 million additional payments that are anticipated to coincide with Zion's drilling of seven (7) additional wells in Israel. Each of these payments is to be funded by Zion Oil & Gas, Inc. The MoU provides that Zion Drilling, Inc. will be 51% owned by Zion Oil & Gas and 49% owned by AME. AME will be responsible for the daily drilling operations of Zion Drilling, Inc
This is not the same thing....Close but not the same. Why did it not work out last time? Who knows but it is not really relevant at this point.
So that brings us to the recent period of time. Look at this day (Volume wise) FORGET PRICE.
Then this:
This is a MASSIVE amount of volume and no real reason why. I have paid attention to 8-k's and the % of ownership. That is what I am watching.
Why? Remember the fella that bought a bunch of stock here a while back? It was a shot in the arm to Zion Oil. Of course the noise went apeshit over it, but nonetheless, it happened.
So if you are still with me, follow what I think....
Scam right? That is what the noise says, but what scam does NOT take credit cards?
We do not accept credit or debit cards. Have your checking account, routing information and driver's license ready. International investors will have different options
I have lost some of you by now and that is by design,
The minimum amount for new accounts is $250.
When you complete this online form before 4 PM (USA Eastern Time, UTC−05:00) your stock purchase price will be today's high-low average. Receipt of payment may take up to 48 hours. Once Zion Oil receives your payment, it may take up to 7-14 business days for your stock purchase to be listed in your AST stock account.
Now to the guts of the theory, say I have $10 million dollars that I want to invest in Zion Oil. Would I buy on the open market?
Say the average price during the time I did this was 0.25 cents. That is 40 million shares. It executes, and the $10 million goes directly into the Zion Oil coffers. They now have cash to buy the rig and some other expenses. They are good to go.
What happens to the share count? It just jumped to 150,000,000 shares outstanding.
I am diluted yes, but my company now can move forward with the plan.
As a stock holder I would not be mad at all, yes my price and investment just got diluted by 50%. The issue is, we are moving forward..
So how did we pay for the 3D? Same concept but only $3 million not this. Say we have 190 million shares authorized and outstanding, so this makes sense in the larger picture.
What does this mean?
It means that the attackers LOST. We are moving forward. Whom is this mystery buyer? I do not know and it could be a single person or a group of people.
Anyhow it is a theory and the numbers work for the most part. I have been saying accumulation has been going on, slow and steady.
Say 195,000,000 shares are issued. Someone has controlling interest now and it will soon have to be reported but that would explain some things in my mind.
Still this theory could be bunk, and most likely is, but still it has been what I have been thinking this last month and the craziness I have seen..
And no I have not been drinking (yet).
Good Day all and Forward we go.....