Zion Oil Frequently Asked Questions (FAQ)
Note:If you wish to view investment related questions specific to our Direct Stock Purchase Program (DSPP), please click HERE.
You still have them. But, if you wish to trade shares (sell or buy), then it is merely through a different market – OTCQX.
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 (OTCQX: ZNOG) – Robinhood and Webull.
We do know that Fidelity, Schwab, and most other major brokerages do allow the trading of Zion shares (OTCQX: ZNOG).
Zion’s common stock trades on OTCQX Best Market under the symbol “ZNOG”.
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.
The SEC has asserted no accusation of wrongdoing nor have they expressed any negative opinion of any person within Zion. Zion continues to fully cooperate with and work with the SEC.