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SW: →Zion oil's WorldNet Insider: Ralph Devore: SEC Devore Resignation letter link added
In January of 2005 WorldNet Daily's primary link to Zion Oil hit the skids when a new report appeared on the Zion Oil website dated January 5th, 2005, announcing that WorldNet Director DeVore had resigned from Zion Oil as Director in December of 2004. [http://web.archive.org/web/20041015141936/www.zionoil.org/management.htm] However it is interesting to note that, despite the scandal, Devore did not divest his Zion Oil shares at that time, and Devore still holds considerable numbers of shares today, in 2009. [http://google.brand.edgar-online.com/PeopleFilingResults.aspx?PersonID=3801536&PersonName=RALPH%20DEVORE]
It seems the personal problems between Brown and WorldNet's Director/Zion Director Devore began in July, 2004 [http://barthsnotes.wordpress.com/2005/02/05/hal-lindseys-cousin-quits-zion-oil/] when over Jewish participation in the company, thus diluting its "evangelical" character; Director DeVore sent a subsequently produced an exceedingly bizarre and disjointed letter of resignation full of Biblical quotations, exclamation marks and ponderous capitalizationscapitalization, sent to Brown and VP Parry; the letter is filed with the SEC as "Exhibit x": EX-17 2 ex17-1.htm LETTER OF RESIGNATION AND RELATED CORRESPONDENCE<ref>SEC Edgar Online archive, [http://www.sec.gov/Archives/edgar/data/1131312/000113131205000002/ex17-1.htm/ "Devore Letter of Resignation"], ''Exhibit 17.1(i) Resignation letter of Ralph F. DeVore.'', December 30, 2004</ref>
:"Last night (Sat., 7-24) the Lord woke me up. I could not go back to sleep. He was troubling my spirit about Zion Oil! Lately I have been intensifying my prayer time, asking the Lord Jesus why Zion has not reached its minimum offering. I have been asking Him to show me what, if anything, is standing in the way of completing at least the $6.5 million minimum offering before August 31st."
:IS ZION OIL PRIMARILY AN EVANGELICAL CHRISTIAN CORPORATION? IS ZION OIL PRIMARILY A JEWISH ORGANIZATION? OR IS ZION 70% EVANGELICAL AND 30% JEWISH or THE OTHER WAY AROUND? IS ZION 50% EVANGELICAL AND 50% JEWISH? Some belief will dominate!…If the majority of Zion’s Leadership is guilty of vacillating between Christianity and Judaism, then the Word of God states that we are guilty of "Syncretism"! The MIXING OF GOD’S WORD WITH OTHER RELIGIONS! THE CHRISTIAN BIBLE CALLS THIS REBELLION TOWARDS GOD! IF THIS IS TRUE ABOUT THE MAJORITY OF ZION’S LEADERSHIP, THE WORD OF GOD ALSO SAYS WE ARE BEING DOUBLE MINDED."
Above, WorldNet /Zion Director DeVore claims Zion failed to strike oil in Israel because Jewish involvement amounted to "syncretism" thus angering God. Syncretism as defined by the American Heritage Dictionary is the reconciliation or fusion of differing systems of belief. This is most evident in the areas of philosophy and religion, and usually results in a new teaching or belief system. Obviously, this cannot be reconciled to biblical Christianity.
In another a previous memo, to former CEO Gene Soltero, DeVore wrotehinted at his displeasure with Jewish participation in the organization: "I personally believe that over 90% of the shares that have been purchased from our current IPO are due in some way to Hal [Lindsey]’s TV reporting on Zion’s oil exploration activities. On his TV show, Hal openly spoke about John Brown & Zion Oil being an Evangelical Christian organization with Evangelical Christian Leadership!"
Brown then wrote to DeVore, urging him to resign or face being removed at the next board meeting in Israel. Concerning this meeting, Brown writes:
