[INFOGRAPHIC] Zion’s Unit Option
Helpful infographic of Zion’s Unit Option…
Until March 31, 2016, we are offering our Units. Here is an infographic to help you better understand this unit option.
Please don’t hesitate to call, email or chat with us if you are interested in investing.
Click on the image to expand:
So, if I want to purchase, I must do so by May 4th What happens after that cut off date?
Hello Marilyn,
That is correct. Our unit option ends on May 4th, which means only our common stock will be available for purchase after that day. Please feel free to contact us with more questions during U.S. business hours by phone or webchat.
i need to get 12,000 shares. So if I buy 4,000 shares at 4.00. = $16,000 then I get 8,000 more warrants at $1.00 = $8,000 for total of $24,000?
Hello David,
If you purchase 4,000 units at $4.00 per unit, you would receive 4,000 shares of common stock, 4,000 ZNWAB warrants, 4,000 ZNWAC warrants, and 4,000 ZNWAD warrants for a total of $16,000.00. If you decide to exercise all of your warrants (12,000 warrants combined at $1.00 per warrant) it would cost $12,000.00. In total, you could pay $28,000.00 for 16,000 shares of common stock. Please reach out to invest@zionoil.com if you have further questions!
So, does this mean I have 3 times (warrants) to purchase shares of ZN stock for $1.00 per share for ever how many shares I want at that time? until the expiration date? I’m a little confused about the warrants also.
Sounds about right, Teresa! The timeline above shows you when you can exercise/use each warrant (e.g. ZNWAB, ZNWAC, ZNWAD).
One warrant can be exchanged for one share of common stock (for $1.00). I.e. an investor purchases 500 units which is 500 shares of common stock and 1500 warrants (each warrant, when exercised, is worth one share). Essentially, with the warrants, this investor has the opportunity to own 2000 shares of ZN common stock.
Lindsey, still a little confused. When I exercise my warrants and purchase shares of Zion common stock, say with the 1500 warrants in the example, what would be the cost to me? Have I already paid for these when I buy the units, 500 X $4.00=$2000 or would I now owe 1500 warrants X $1.00 for 1500 more shares? What is the advantage over purchasing the units over purchasing from a broker at say $1.95 which is approx. what Zion is trading for. Sorry for the seemingly simple issue here, but I am a new trader and have been watching Zion for a long time.
What you have here is correct. You would pay for the units initially and then $1.00 x how ever many warrants you desire with the potential total of 1500 more shares. If the ZN stock price were to increase within the warrants timeframe, those shareholders with warrants would essentially be able to pay that fixed rate of $1.00 for a share of common stock, which would be advantageous. However this cannot be guaranteed and we always tell potential investors to consult your financial advisor when purchasing units or common stock.
You may also purchase common stock only through our Direct Stock Purchase Plan and avoid brokerage fees.
Ok, I know what stocks are (common v. preferred) and I’m not afraid to sound totally dumb, so what are warrants? what are their purpose? what do they accomplish? why should one have them?
Hello Jo, These are great questions! First, a warrant is an option you have to purchase stock at a set price for a set amount of time.
Zion’s new unit offers three (3) warrants with one (1) share of common stock for $4.00 in hopes that stock prices will increase. If prices do increase, which cannot be guaranteed, investors who have those three warrants can exercise/use them to purchase stock at the set price of $1.00.
As with any financial investment, I suggest that you consult your financial advisor to discuss the advantages or disadvantages of purchasing this unit.
Once the deadline for buying the new unit option, future purchases will be at whatever the DSPP is at the time? I know nothing about investing and have never been led to do so until now. I know God would have my wife and I supporting Israel through Zion Oil. Interested in the new “unit option” at the minimum entry amount? That would be to get us started while waiting on some other things to develop so we can invest more.
Hello Kevin,
Thank you for your comment. Zion’s minimum initial investment through our Direct Stock Purchase Plan (DSPP) is $250.00. Until our unit option ends, you have the ability to determine whether you would like to invest in common stock, units, or a combination of common stock and units through the DSPP. If you give us a call at 214.221.4610, we would love to give you more information about the plan!
When your stock splits which it will; does the warrants also split or do you have to exercise warrants first before they split?
Hello C.W.,
While we have no information on stock splitting, it is important to know that warrants would be adjusted should the situation arise.
I have some Zion shares thru Sharebuilder (online). Can I convert these toward this
offer…….or do I need to just redeem those for cash, then use that money on this offer?
Ty~
Hello Donna,
The only way to purchase Zion’s new unit option is through our Direct Stock Purchase Program. Both current and new investors use either our easy online form or paper form to purchase Zion’s new unit. HERE is the link to our DSPP.
We are interested to continue with our buying shares but do not exactly understand it yet,
Thank you Charles and Lynn for reaching out to us. I will email you directly so that we can continue this conversation.
Please put my money where you know I can make money on the investment.
I will continue to watch my account grow each month. I respect your decision to do this for me. At the same time I will continue to Ask God to agree with all of us to work together. Matthew 18:18, mark 11:24, Psm 2:8, Luke 6:38, and The Jabez prayer to enlarge my territory with blessings as well as everyone who has part in this blessing. Thank you for your time keeping me up to date on the changes. Again I don’t know or have not learned how to invest in the past. I want to stand with Israel with favor with the Lord Jesus for me to have a great future with a nice bank account.
Terryzane
Ks
Thank you for your support of Zion Oil as well as your support for Israel. We want to ensure that you understand that we are not a broker and do not invest for individuals. Feel free to consult with your financial planner.
Can I use the warrants from my previous purchase to purchase more shares in this new offering? I’m not sure I really know how all this works.
Thank You.
Thank you for your question, Joan. If you would like to use your warrants to purchase Zion’s new unit option, you would need to exercise your warrants, sell the shares from those warrants, and then use the funds received to purchase new units. If you have further questions, please don’t hesitate to call 214.221.4610 or web chat with us.