Zivo Bioscience Inc (ZIVO)

[Amigo Mike]

Investor,

At face value, Dahl is still here because he is the CEO per the agreement with HEP Investments. This originally was Laith Yaldoo. Yaldoo put him in as condition to fund. Apparently he's still comfy with that arrangement. They've had representation at board meetings since the start and surely providing input since the beginning.

Later on, Maggiore became a partner in HEP Investments. He is now a director. So he is intimate with what's going on.

Having spoken directly with these folks at a past shareholder meeting, I know they believe they can get a return on investment well in excess of what they have funded.

IMO - Dahl - probably the right guy to clean up the crap of past mgmt. and set an appropriate course. After 3 years at the helm though, while there has been some success and a collaboration with a big boy, it simply isn't moving ahead as it should. An example is they haven't fully characterized the molecule. Well WTH ? Not like there hasn't been ample time. Kinda basic. No excuse. Especially since it is a condition of the collaboration. 2015 was DEPLORABLE given the news from January last year. I realize that not all things are within Dahl's control .... but that can't be the excuse all the time.

So like I said previous, the window is closing for me. I have given ample time. I have multiple other opportunities I have been working on accumulating.

Amigo Mike