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Post by Mr.W on Aug 19, 2018 16:07:13 GMT -5
Hello Friends!
Hope you all have had a wonderful weekend!
Now that we know the hole is not dry, and instead a Discovery was made, I've taken a few days to go completely off-grid. No sites, no anything.
It has greatly helped me with my spirit, and resolve.
I think MANY of us have spent the past few months on the edge of our seats, waiting on the answers. We have SOME of them now!~
(It's not dry) But how BIG is she!!! (The Reservoir)
A question I received:
Q: When do you feel the next update will be?
A:
I personally would not be surprised if Zion already has the PR drawn up for the offering. I feel that they wanted to give everybody an idea on where we were and what they needed, give them two days of trading, two days of weekend time to think it over, and once they see a settlement in share price they’ll probably set a dollar amount for the rights offering and send it out?
My guess is probably within the next week or two because I'm sure they need money ASAP if we are going to continue.
They want to know as soon as possible if investors are onboard or not so that they can fold up the tents and start saving money quickly if investors choose not to proceed
I'm guessing they’re going to need a small amount at first to try to not give us sticker shock?
Maybe $2Mil to $4Mil or so?
It would allow us to do some of the testing to see if it’s worth doing the rest?
(My current opinions, of course)
I've enjoyed the break, and now I'm ready for tomorrow, and to step up to the challenges that have been laid out in front of us.
To me, this is a PURPOSE.
For quite a while now, this game has been, "Do or Die".
Now, we've just magnified that point.
So, Do we? or Don't we?
Do we leave what we discovered behind? Or do we pull up our britches and go find out what we found?
These are the main points, in my opinion.
This all said I have a TON of emails, PM's, and other messages from you all that I am currently working on catching up on.
Love ya!
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Post by Ethan / JRyan on Aug 19, 2018 16:36:27 GMT -5
I would like Zion to give us more information, detail and descriptions etc. Something from the companies that are working for us. If they want to continue, what leads them to think it is the right thing to do? This last PR was not what we wanted but there was not much more to go on. I wonder if they will release more info, something that would at least be worth subscribing to another offer. Right now, I am a bit hesitant as I am sure others are.
We never tested the upper zone, I mean if it is gas then so be it.
I also want a better description of this "Active Petroleum System". I want details before more coin.
I also feel they could have told us about the packer and the charge issues before this PR.
They must go back and communicate like they have done in the past. The silence while understood with the SEC BS, made me think they had a good shot. The enthusiasm during the shareholders meeting was the same way.
No more out of communication. I believe in what they are trying to do, but they have to be honest and open about it from here on out.
The Hoo and Hub are getting vile and they give us nothing with which to defend. They know better and it is time for a change in that venue.
Edit: This board is for honest discussion and I want answers from them.
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Post by mrbojangles on Aug 19, 2018 16:51:45 GMT -5
I agree with you both. However, I think the state of Israel needs to step up to, especially if there is gas in the upper layers. We've done the heavy lifting since far, but it is in Israel's national security and economic interest to recover whatever is down there.
I've sent an email to the Ministry of energy to that effect, but have not yet received a response
Sent from my SM-G950U using Tapatalk
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Post by Ethan / JRyan on Aug 19, 2018 16:54:43 GMT -5
I am not sure Gas would help Zion continue however. I thought the pipeline would be cost prohibitive at best.
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Post by extexan on Aug 19, 2018 16:59:52 GMT -5
Ethan ... continued thanks for all your (and others) work in creating this board ... I've read some of the posts describing the frustrations leading to the creation here ... I too was growing more than weary of the naysayers but also the continued rebuttal by supporters (IGNORE the naysayers!!!!!) ... it just egged them on (and maybe put a few cents in their pocket? .............. anyway my initial frustrations here deal with a lack (I may have just discovered the answer) of a sequential listing of the comments like on the hub ... the shoutbox works for that except it (1) get's "flushed" and (2) I don't think posts responding to a particular thread are cross-posted on the shoutbox ... is there some way to show all postings sequentially on one thread and then be cross-posted to the appropriate thread(s)? ... without overloading you guys? ................ I'm slowly regaining some optimism after the initial disappointing read of the PR ... please keep up the good work ................... oh, as others have mentioned can those with paid hub accounts pm the good news of this thread to others on the hub? ... tks ...
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Post by Ethan / JRyan on Aug 19, 2018 17:04:02 GMT -5
I do not know how to do that. This set up is different. I guess we could create a "lounge" and it would read straight through. I flushed the Shout Box to clean it out as it was mostly me testing things. That is one thing about the Hub it's set up is easy to follow especially with a phone. This not so much. The advantage here is we can have posts with details and informational items that can be used for research and not chat so to speak. I will create a lounge also. That might help.
I am always open to suggestions
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Post by extexan on Aug 19, 2018 17:07:28 GMT -5
Tks ... good idea ... also I pasted the above post to shoutbox, but only two lines showed up? ... my bad?
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Post by Ethan / JRyan on Aug 19, 2018 17:16:45 GMT -5
Tks ... good idea ... also I pasted the above post to shoutbox, but only two lines showed up? ... my bad? Yeah the shout box is not for conversation per se. The Lounge is created and we could do a 'Daily Conversation". If important items need saved that user can cut and paste what they want to save and place it in the appropriate folder. I figured out how to do sticky's so I am learning the landscape:)
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Post by Ethan / JRyan on Aug 19, 2018 17:24:00 GMT -5
Hey that wasn't to bad. I will get the hang of it at some point
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Post by NCbchBoy on Aug 20, 2018 13:12:26 GMT -5
Just an observation. Zion has removed the "chat" feature on their website. I can't imagine the amount of emails, calls and texts they received last week (and I was one of the people sending them). I am disappointed with the lack and level of communication between Zion and its shareholders. If they had announced an "active petroleum system" back when they were drilling, I imagine the stock prices would have stayed a 5.00 (IMHO). Why did they wait to announce that? I am even more disappointed with the lack of clarity in their last PR. Based on my experience, this may be intentional (lawyer's speak or strategic speaking), so I am hoping for a better picture of what is truly going on.
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Post by extexan on Aug 20, 2018 13:39:10 GMT -5
Well said ... mirrors my thinking/hope ... looking forward to the next PR to see if it is more informative ...
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Post by NCbchBoy on Aug 20, 2018 14:28:10 GMT -5
Open post to Cascade - deleted from IHub -
Cascade – It’s clear through each one of your post that you have conviction, passion and utter hate for Zion and you want to harm the company. I do not know the reasons for your position, and I can only image that you lost money and feel betrayed, or you are hoping to cash-in on the fear of wavering investors. Regardless of your motivation, we need to be clear about a few things.
Wildcat drilling is risky business. I had no knowledge about oil and gas operations before I invested, but I spent 2 minutes researching it and found that there are NO guarantees. This type of drilling operation is risky and performed in unproven areas that do not have concrete historic production records. Investing in this type of drilling is no different than throwing one's money down on a craps table in Vegas. If people invest, they better be comfortable with losing their money!
The other issue is the definition of “fraud.” Fraud consists of some deceitful practice or willful device, resorted to with intent to deprive another of his right, or in some manner to do him an injury. I am having a difficult time understanding how Zion and Mr. Brown are/have committing fraud? It seems that people that accuse them of crimes are actually the ones committing some type of wrongful action by making slanderous and damaging statements. Please explain how they are committing fraud.
BTW – I was down, then up, and I am back down but close to break even. I intend on buying more shares this week, - and I am holding until the shares head for the stars or Zion closes their doors!
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Post by WILDCAT KEVIN on Aug 20, 2018 14:36:57 GMT -5
Can Zion Oil & Gas withhold good news on the well head? Maybe they did hit something and were not prepared to protect the surrounding lands from attack on the well sight. They put ALL this effort and money into this operation and they just come out and say 100 barrels of oil a day and that's it, then don't say anything else. They seemed excited at the share holders meeting, John Brown seemed upbeat on his last e-mail, I thought they were on to something, but then, NOTHING. This well operation was there biggest attempt, and it is not looking good with there silence. Does anybody know why there are so many lawsuits going on against Zion Oil? Why all of the sudden, numerous law firms attack Zion Oil? Why Zion, why not other Wildcat oil operations in the region. I do not think I can wait another 4 years to get another well sight going, that is 4 years of money just sitting there doing nothing. What does Zion expect shareholders to do, what do they expect, wait four more years of just maybe they will hit something. My faith is shaken on all of this!
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Post by WILDCAT KEVIN on Aug 20, 2018 14:49:11 GMT -5
Hello Friends! Hope you all have had a wonderful weekend! Now that we know the hole is not dry, and instead a Discovery was made, I've taken a few days to go completely off-grid. No sites, no anything. It has greatly helped me with my spirit, and resolve. I think MANY of us have spent the past few months on the edge of our seats, waiting on the answers. We have SOME of them now!~ (It's not dry) But how BIG is she!!! (The Reservoir) A question I received: Q: When do you feel the next update will be? A: I personally would not be surprised if Zion already has the PR drawn up for the offering. I feel that they wanted to give everybody an idea on where we were and what they needed, give them two days of trading, two days of weekend time to think it over, and once they see a settlement in share price they’ll probably set a dollar amount for the rights offering and send it out? My guess is probably within the next week or two because I'm sure they need money ASAP if we are going to continue. They want to know as soon as possible if investors are onboard or not so that they can fold up the tents and start saving money quickly if investors choose not to proceed I'm guessing they’re going to need a small amount at first to try to not give us sticker shock? Maybe $2Mil to $4Mil or so? It would allow us to do some of the testing to see if it’s worth doing the rest? (My current opinions, of course) I've enjoyed the break, and now I'm ready for tomorrow, and to step up to the challenges that have been laid out in front of us. To me, this is a PURPOSE. For quite a while now, this game has been, "Do or Die". Now, we've just magnified that point. So, Do we? or Don't we? Do we leave what we discovered behind? Or do we pull up our britches and go find out what we found? These are the main points, in my opinion. This all said I have a TON of emails, PM's, and other messages from you all that I am currently working on catching up on. Love ya!
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Post by ratbike1000r on Aug 20, 2018 14:55:39 GMT -5
One of the things that got my goat is they stated the rubber packers were only lasting 4 days. Then the said we only tested during the daylight hours. Aaa here's an idea if we work 24 hrs. Shifts while the packers are in the hole we can get twice as much testing done before the packers fail and we have to spend another 4 days tripping to replace the packers. I'm truly do not want to be a Sunday morning quarterback but damn it's our money that's being pissed away. OK I got it out, now I feel better.
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Post by WILDCAT KEVIN on Aug 20, 2018 14:59:27 GMT -5
How do you know it is a reservoir? I want to believe it is there, the timing of it being there are in the 90% range, I mean, the transition in the USA, with the military and Trump taking over, Jerusalem being the new capitol, volcanos and earthquakes popping off more and more, evil pockets in the world being destroyed and evil people being thrown in prison. What the world needs now to unite is good news, in the form of mass wealth in the right hands. A big oil discovery would do this, it would bring good news to people across this world and has the potential to unite us like never before. This is why I invested in Zion Oil and Gas, because I saw the handwriting on the wall, ALL THE SIGNS ARE THERE!
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Post by Ethan / JRyan on Aug 20, 2018 17:56:33 GMT -5
Just an observation. Zion has removed the "chat" feature on their website. I can't imagine the amount of emails, calls and texts they received last week (and I was one of the people sending them). I am disappointed with the lack and level of communication between Zion and its shareholders. If they had announced an "active petroleum system" back when they were drilling, I imagine the stock prices would have stayed a 5.00 (IMHO). Why did they wait to announce that? I am even more disappointed with the lack of clarity in their last PR. Based on my experience, this may be intentional (lawyer's speak or strategic speaking), so I am hoping for a better picture of what is truly going on. I agree with the last statement 100% - its lawyer approved because at this point if they fart there will be complaints. No matter what they say will be questioned and some of that is good but we all know what some of the motivations are. They waited 2 months, and I think they were having problems with the testing and it took to the point they had to do an operational update of some sort, at least up to some time. I said I was not pleased with the communications from them. Period. If it is bad I can take it but I do NOT want to wait again. Yes they are swamped with calls as is expected. Can Zion Oil & Gas withhold good news on the well head? Maybe they did hit something and were not prepared to protect the surrounding lands from attack on the well sight. They put ALL this effort and money into this operation and they just come out and say 100 barrels of oil a day and that's it, then don't say anything else. They seemed excited at the share holders meeting, John Brown seemed upbeat on his last e-mail, I thought they were on to something, but then, NOTHING. This well operation was there biggest attempt, and it is not looking good with there silence. Does anybody know why there are so many lawsuits going on against Zion Oil? Why all of the sudden, numerous law firms attack Zion Oil? Why Zion, why not other Wildcat oil operations in the region. I do not think I can wait another 4 years to get another well sight going, that is 4 years of money just sitting there doing nothing. What does Zion expect shareholders to do, what do they expect, wait four more years of just maybe they will hit something. My faith is shaken on all of this! I can not disagree with you and your feelings. I have them somewhat myself. I do not think they hid anything per se, they had to do an update of some sorts. It turned out to be one that dropped the stock price 50%. Zion Oil and its directors are being attacked and that is one of the main reasons I do what I do. It is just wrong in so many facets. I think the SEC thing was a hit job and what is going on at Yahoo is the same thing, but that is my opinion see this article for what I think happened The Beginnings of a Probing PandaThe only other wildcat was Genie and there is an article here on that which I hope to update later. I think I am on to something but it is only a hunch at this point. One of the things that got my goat is they stated the rubber packers were only lasting 4 days. Then the said we only tested during the daylight hours. Aaa here's an idea if we work 24 hrs. Shifts while the packers are in the hole we can get twice as much testing done before the packers fail and we have to spend another 4 days tripping to replace the packers. I'm truly do not want to be a Sunday morning quarterback but damn it's our money that's being pissed away. OK I got it out, now I feel better. I can not disagree and there was a post here about those packers. Then again at the high end they are $300k so I guess I understand but I too am pissed about the 12 hours wasted. How do you know it is a reservoir? I want to believe it is there, the timing of it being there are in the 90% range, I mean, the transition in the USA, with the military and Trump taking over, Jerusalem being the new capitol, volcanos and earthquakes popping off more and more, evil pockets in the world being destroyed and evil people being thrown in prison. What the world needs now to unite is good news, in the form of mass wealth in the right hands. A big oil discovery would do this, it would bring good news to people across this world and has the potential to unite us like never before. This is why I invested in Zion Oil and Gas, because I saw the handwriting on the wall, ALL THE SIGNS ARE THERE! Let's hope there is still hope for MJ#1, I still have it. Open post to Cascade - deleted from IHub - Cascade – It’s clear through each one of your post that you have conviction, passion and utter hate for Zion and you want to harm the company. I do not know the reasons for your position, and I can only image that you lost money and feel betrayed, or you are hoping to cash-in on the fear of wavering investors. Regardless of your motivation, we need to be clear about a few things. The other issue is the definition of “fraud.” Fraud consists of some deceitful practice or willful device, resorted to with intent to deprive another of his right, or in some manner to do him an injury. I am having a difficult time understanding how Zion and Mr. Brown are/have committing fraud? It seems that people that accuse them of crimes are actually the ones committing some type of wrongful action by making slanderous and damaging statements. Please explain how they are committing fraud. He will not answer that and if you even try to get it out of him, it will be deleted. I am sure he is reading this and yes he can post, but he will not. I will let them post, but when the bash or post BS, they will be gone. I want the opinion of the other side as long as it is delivered with class, not on a paid per post basis.
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Post by WILDCAT KEVIN on Aug 21, 2018 12:04:23 GMT -5
Thank Ethan, it is good to be here!
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Post by NCbchBoy on Aug 23, 2018 8:18:57 GMT -5
Ethan - I understand your concerns over the wells that were drilled by Genie. I do not know enough about them to speak intelligently, but I believe that the circumstances aren't the same. As I read post from you, Tisdal and KyOil, I feel reassured that I am making the right - personal - decision to invest in Zion. And if there is one thing that we all agree on is this investment is a significant risk based on faith, grounded speculation, and NOW, - more and more science. If Zion's well is declared non-commercial, I will take my loss, not think twice about it and move onto other investments.
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Post by NCbchBoy on Aug 23, 2018 10:30:52 GMT -5
Crickets in the background. Little action with the stock. Seems like the volume is balanced between buying and selling. SO, - we have a month to go before we will know definitely? I hope they keep giving us updates!
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Post by shout(ON)ZION on Aug 23, 2018 10:50:17 GMT -5
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Post by Ethan / JRyan on Aug 23, 2018 17:10:30 GMT -5
No I did not but thank you for the article. The point that should be considered from it is the geopolitical implciations of a 'large' company joining in the bonanza. The Opec nations are established with billions of KNOWN reserves. That is the safe play for the big boys no doubt. I have posts here that both Exxon and Shell know there is oil there, but it is not worth the political risk to them. That is my take. Further shown to be accurate below as I have been saying this for months. This is what puts Zion in a good position if they can just find commercial oil or gas for that matter. Of course then you have the Israeli politics and Environmental issues to deal with, Case and point but Zion seems to have good relations with the Israelis. I know that there are things that we shareholders are not aware of. That is the way it must be when you are drilling in one of the most hated countries around the world.
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Post by Ethan / JRyan on Aug 23, 2018 17:12:37 GMT -5
Crickets in the background. Little action with the stock. Seems like the volume is balanced between buying and selling. SO, - we have a month to go before we will know definitely? I hope they keep giving us updates! It is imperative that they do, that is FACT, and frequent too. It really is their only shot at success now.
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Post by Ethan / JRyan on Aug 23, 2018 17:59:59 GMT -5
Ethan - I understand your concerns over the wells that were drilled by Genie. I do not know enough about them to speak intelligently, but I believe that the circumstances aren't the same. As I read post from you, Tisdal and KyOil, I feel reassured that I am making the right - personal - decision to invest in Zion. And if there is one thing that we all agree on is this investment is a significant risk based on faith, grounded speculation, and NOW, - more and more science. If Zion's well is declared non-commercial, I will take my loss, not think twice about it and move onto other investments. Yes it is a risk and a big one. The reward could be equally large. The thing is Zion is not as forthcoming as they were in the past. The reasons for this can be many but here are a few that come to mind: (1) SEC is causing them to be overly cautious, reasonable in theory but not what a forthright Christian company should be worried about. We know why the investigation is there and it has been laid out already and Zion knows it, or at least I think they do. (2) They are not wanting to draw attention to themselves. This is bad in an environment they are trying to raise money. (3) They Zion/Israel are hiding what is in that well < Highly unlikely with the PR information and to directly lie to shareholders is not something I would think they would do. The can deflect somewhat but blatant deception is something I firmly believe they would not do. (4) Genie - I am working on my theory on this one but I need to do more research on it. Suffice to say, could some entity want Zion's license? It is possible and if they can keep them down for approximately 13 more months, then that could happen. This is pure speculation on my part.
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Post by Ethan / JRyan on Aug 23, 2018 18:08:10 GMT -5
Crickets in the background. Little action with the stock. Seems like the volume is balanced between buying and selling. SO, - we have a month to go before we will know definitely? I hope they keep giving us updates! I had such a busy day that I just now looked at the price. Yeah Flat.. We had better hear something sooner than a month. They will not be able to raise the needed funds with more silence.
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