Zivo Bioscience Inc (ZIVO)

[errata]

I'm really surprised it didn't just crash and burn. There didn't seem to be anything in the 10Q to justify any positive reaction. But there are a few things that we can maybe read between the lines.

Because we are engaged in a collaboration agreement with Zoetis ... we expect that at the conclusion of our joint study period, the two parties will engage in discussions regarding options and licenses, whereupon revenues can be expected.

So, the changes at Zoetis didn't affect the relationship with ZIVO. Remember when the announcement came out the ZTS was being acquired and ZIVO dropped like a sack of dirty laundry?

Also "revenues can be expected" actually sounds upbeat. A first for these guys.

Further, our current canine joint health studies may culminate in another option/collaboration agreement with a larger animal health company, or we may elect to pursue a direct supply contract with an established canine dietary supplement maker/marketer

This also sounds optimistic. "A larger animal health company"? "We may elect to pursue"? This is how people talk when they actually believe and expect things to happen - it's not the kind of wishy washy, not getting to the point talk that we heard on the conference call in June.

I guess I'm just the anti-mike :)