Brewpup,
Thanks for response.
Zoetis, I get what you are saying.
ZIVO does have something .... 'tis a matter of whether this mgmt can get the job done and in a timely manner before the company is diluted to death. which it is getting closer to these days. Dahl doesnt care about dilution.
Now I get your "HEPI" comment to mean HEP Investments. HEPI is a bad word in these parts due to it being the former stock symbol and short for the idiotic former name of the company and the negative association with the founder/former CEO. HEP Investments is NOT an institutional investor. It is merely the group of angel investors who have been funding the company for several years. Havent looked into it for a while but the LLC is Laith Yaldoo as the managing partner. Yaldoo installed Dahl and Rice as mgmt as a condition of funding originally.Yaldoos background as I recall is a lawyer and credit card transaction processor. Dahl was brought in as consultant to see what could be done with the company prior to his installation as CEO and his vision was what brought Yaldoo in. Prior to Yaldoo, current board member Maggiore was the primary angel investor. Maggiore and his brother in law where funding the company and the studies. Kept the company alive for years. Later Maggiore joined HEP Investments. Since HEP INvestments became involved they basically own the company as the assets of the company secure the debt. They also know everything going on as they also are represented at every board meeting. So basically HEP Investments is a group of investors who believe in the opportunity this company represents via the algae and it derivatives. Their exit strategy is most likely a sale of the company. This company could become an ATM cash machine but that is yet to be seen if possible and could influence the exit strategy.
This mgmt is incredibly poor at telling the story. So that one too is a remains to be proven. Like you'd be hard pressed to find any investor who has an understanding of exactly where this company is, what's left to do, and when commercialization should be anticipated if all goes well. Because mgmt is terrible on the communication front and the company needs money to finish which is hit or miss at getting.
I dont know too many people that like thinly traded shares. Like I said I am not afraid of it and there is the likelihood the market doesnt know the name. I get it and own several stocks right now that are pretty thinly traded but I own them because I know what I own, just like I know what ZIVO is cause I'll do the necessary legwork. Specialize in finding stocks that nobody knows before everyone else finds them.
Anyway, you do realize they just voted to increase the authorized share count cause you were there. Its a big number, not that that many are issued ... yet but additional financing is gonna add 50 million more shares at least. IMO, this stock needs to get above .15 to land more of the financing needed but as I stated before and as can be seen daily there have been some sizable offers of late ... 150K at .11 presently and I'd expect that to continue until mgmt better tells the story and sheds more light on activities, provides targets and actually executes on them on a timely manner. Mgmt needs to show investors why they should think twice before selling.
Amigo Mike
AI
