Zivo Bioscience Inc (ZIVO)

[Amigo Mike]

Investor,

Zivo mgmt sez they need $6.8 million to commercialize Wellmetris. Grossly overvalued for the % offered and that ain't happnin'.

That is more than "some funding behind it". I actually don't disagree that it was and still could be the fastest to market. BUT, this mgmt hasn't shown they can't get a damn thing done and quite honestly I doubt Dahl could sell a bottle of water to a man dying of thirst.

As I said, this should have been handed off in a JV with an industry partner who knows what they are doing and can get it to market quickly without Zivo bllowing more time and resources on it. Bottomline, I think Dahl wants control over it. But they should be contributing the assets and a little money to a JV and let someone else finish the development and commercialization with Zivo retaining a % of the JV. Told Dahl that years ago. They basically retooled it which a partner could have done in way less time ..... and now it is still sitting collecting dust.

Amigo Mike