What happens to my shares?

You still have them. But, if you wish to trade shares (sell or buy), then it is merely through a different market – OTC.

You can see the share price here: https://www.otcmarkets.com/stock/ZNOG/quote

The relisting is happening automatically, and the only thing you might need to do is check with your broker if you use a third-party platform to be sure they handle OTC trades. If they do not, you would need to transfer those shares to a trading platform that does.

Do all brokers allow trading of Zion shares?

Most do. However, it does seem that two discount brokerages do not currently allow the trading of Zion shares (OTC: ZNOG) – Robinhood and Webull.

We do know that Fidelity, Schwab, and most other major brokerages do allow the trading of Zion shares (OTC: ZNOG).

Zion is dedicated to exploring for oil and gas onshore Israel and is focused on its Megiddo-Jezreel License, a large area south and west of the Sea of Galilee that includes the Jezreel and Megiddo valleys. This license gives Zion the exclusive right to explore in an area of approximately 75,000 acres that appears to possess the key geologic ingredients of an active petroleum system with significant exploration potential. Zion’s latest information on ongoing operations can be found on their website: https://www.zionoil.com/updates

Zion’s common stock trades on OTC Best Market under the symbol “ZNOG”.

All of this information is contained within the filings with the SEC. Please know that stock issuances do not mean executive staff actually exercise and/or sell the shares. Much of the rumors on the internet about how much the executive staff makes are exaggerated.

1. It is essential to understand that reportable compensation does not equal W-2 earnings.

2. Salary and Bonus represent less than 49% of all reportable compensation.

3. Stock options awarded, regardless of whether those options were exercised, represent over 38% of all reportable compensation.

4. It is important to note that there has been a company-imposed blackout period, restricting the sale or purchase of stock for all employees, implemented on May 15, 2017, which remains in effect to date.