Weazel,
Someone has been dumping on the stock for a while ..... of course the silly comments that the company is a POS and scam that are worthless garbage don't help. But in some cases that is the intent. Combo of large seller that I still think is the holder who converted over 4 million shares last year, tax sellers and others who can't stand the pain along with Dahl providing no clear picture of anything despite producing a slide with the picture on it. I think another possible seller are the folk who got the shares from the Wellmetris purchase. Those are no longer restricted shares either and another million shares free to trade. Dunno if any of the long time big boys like Shapiro has been selling. I don't see him selling unless he was forced to do so. Marsh .... I wouldn't think he would be selling either but anything possible. In fact I'd be more inclined to think those guys buyers here.
Funny, now the company is now responsible for personal email spam filters. Ain't that a hoot !!!!!!
Anyway ..... I haven't been able to watch this week but what I observed last week was several six figure bids. Dunno if those still sit there ...... but the same MM typically shows a six figure offer or something close to it. Likely set to balance the market and work an order. Is there still a 140K+ bid on the board ? It was set under the market last week in the 7s. Quite honestly that is typically how I buy this stock. I like to buy when no one else cares and will sit on the bid .... no chasing ..... until I get hit ... or not. I did buy these lows a couple times but no way on the offer .....
I don't think warrants are an issue. If anything you'd want those to expire at low prices. Warrant table is published in each Q. In fact last Q a large number of warrants expired. Over 5 million. Another 2+ million were exercised. At present the lowest priced warrants left are 12 and 12.5 cents .... roughly 5.8 million in total. 2.5+ million at 12.5 cents will expire roughly in April next year. Those are the closest to expiration and are likely held by Maggiore or HEP Investments. ZIVO currently down to 11.6+ million warrants outstanding. Not a bad thing as the expiration reduces the potential fully diluted number which is a positive as it relates to cleaning up some of the capital structure.
I really do not know what the disconnect is for Dahl on these PRs. This go round there is no distribution on the Wellmetris PR. They did note it on ZIVO Twitter and Facebook pages ..... but not on ZIVO or of all places ... the Wellmetris website which still says its a subsidiary of the old name. I mean WTF ?!?!?!?! And the "formerly Health Enhancement Products" all over the place. CUT THE F***ING CORD. THERE IS NO VALUE TO THE OLD NAME. Kinda funny, launching two brand names and bungling both when you've just hired PR and IR .... which is what they do.
While I don't think the Wellmetris deal with Trion is huge .... it does represent a broad further validation test of the product with a company that is a benefits service provider with clients all over the country. Assuming the successful validation .... Trion appears committed to order the product representing presumably the first revenue generating transaction for Wellmetris. I also don't think Powerhouse Gyms has totally gone away either. I think some of the product redesign work of the last several months had to do with information obtained during the Powerhouse test. It will be interesting to hear what these "commercial relationships" are that Dahl mentioned in the PR.
Investors also need to see more on the recent tests for bovine and canine and in particular .... against glucosamine, especially because of the information offered at shareholder meeting.
One last thing ...... I have found ZIVO mentioned on external crappy stock website with totally wrong information in the body of the "write up". Ya know where a good portion of the info came from ??? DAHL'S SHAREHOLDER ADDRESS. Some of his comments taken wrongly out of the context from which they were offered. But that goes to prove my assertion he doesn't get how communications need to be structured. Like I said, he torpedoes his own message that the company is progressing forward.
Amigo Mike
AI
