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In keeping with my customary disclosures on swing trades ......
.... I sold a few hundred shares @ 7.88 from my currently open swing trade in ZIVO. This swing trade is already fully covered by prior sales.
This isn't a reflection on ZIVO's current prospects for a deal with big pharma .... but rather ZIVO's lack of price movement .... and opportunities to swing in other current plays.
Amigo Mike
Algaeboy,
Honestly don't know. Have spent almost no time on ZIVO of.late. Too many other companies executing their plan and generating shareholder value.
As far as I know, no announcement on the shaeholder meeting details for participation. Were I to guess I'd anticipate the potential to submit questions in writing ahead of time which should be the absolute MINIMUM they should accomodate. I dont expect they'll allow open call in questions. But one never knows. How they engage with investors .. IMO .... speaks volumes.
Amigo Mike
Oh my bad,
I looked quickly and didn't pay that close attention.
Well I hope that your "gut" is correct but I honestly wouldn't hold my breathe. These guys don't work on the timelines of the "small fry" so you more or less get what you get ... when you get it ..... and like it ..... unless you have something exceptionally compelling that is a must have.
My opinion is the ZIVO IP is more on the side of "must have" for someone but is not seenthat way at this point. And given it is based in a nature product, our pharma friends typically no likey until they can get their hands on a synthetic version that they can manufacture and rake in the dough.
But we shall see.
New York Times article on "long covid" still a problem. Would be simple test and I'm sure numerous people would jump at chance to try a natural product that might help eh ??
https://www.yahoo.com/news/report-underscores-seriousness-long-covid-171222928.html?.tsrc=daily_mail&segment_id=DY_VTO&ncid=crm_19908-1202929-20240605-0&bt_user_id=YQGGmd65MGegjWFr2C%2F7bMwyXvzeIcib1jpOsVZEcfVDpOUNfkXhvFcbQeGg13QQ&bt_ts=1717619120354
Amigo Mike
Gwinner,
Given her expertise and career, I've no doubt she doesn't need any help financially from ZIVO. Should be working pro bono LOL.
Anyway, tic toc .... tic toc.
Annual meeting next week. Payne doesn't usually show his hand at least in my review of his history. So far hasn't "failed to deliver" on what's he's stated albeit paynefully slow. I know very well that deals in big pharma move at glacial speed having seen many.
I am hoping he uses the annual meeting address to bring investors up to speed on the latest activities. I am sure any shareholder in the room would be asking for that information if not directly provided in the prepared remarks.
It's time for some movement one way or another.
Amigo Mike
LOL,
No explanation on the form which is a bit unusual. But given the annual shareholder meeting is next week, wouldn't shock me if this was first of multiple equity awards to directors.
Of course at ~$8 / share ..... amounts to near $300k award. Um, for what is known today, that is silly ass ridiculous unless there is more to it.
Speaking of which, everyone have their flight booked to Detroit to attend next week's meeting ? LOL. I should have gathered a couple troops and arranged a meet up but forgot about it. Oh well.
Amigo Mike
So,
You are in receipt of material non public info ??
And I didn't say anything about ECSL not making some deals. You assumed as is the norm.
My position from the beginning is still the same. This deal doesn't get off the ground without major petroleum names that everyone knows getting involved.
Amigo Mike
Is it time to wake up yet ????
😴😴😴😴💤💤💤💤
I'm sure that everyone is up in arms that Maxim Group downgraded ZIVO from BUY to HOLD earlier today. What a laugh Maxim is. Nothing but con artists and whores scamming the average joe and small companies.
Not going to bother going to get his report. His prior reports on ZIVO weren't worth the time and 99.9% sure this report is the same.
Presuming ZIVO has also dumped doing any business with Maxim too ...... I'm sure part of the reason for the "downgrade" ... LOL.
Amigo Mike
Dangriff,
ECSL is in the same position it was 6 months ago with the exception that they have title to some land that doesn't produce much revenue and certainly not enough to support traditional debt arrangements.
Isn't it obvious what is about to happen ?
Amigo Mike
BTW,
On the ZIVOlife front .... LOL ..... 4th qtr revenues were UP .... almost 35% QoQ .... lol.
And according to ZIVO prior information ..... late in the 4th qtr 2023 (December), production was supposed to go UP nearly 5x. Wonder how many here are getting ZIVOlife on a monthly basis.
AND, the plan was the production was supposed to go up by another 5X from December 2023 volume starting June 2024. Amazes me that ZIVO cannot provide a simple update on that even. Afterall .... a production capable increase on the order of 25X capacity is material to the possibilities and revenue generation while waiting for Payne to land a big fish on coccidiosis.
Funny the possibilities for ZIVOlife as an ingredient and Z Worldwide talking about how nice it is for your hair. Hilarious. Don't take my word for it .... right from the product page.
Great choice of top benefits to highlight. They need to flip that shit around and put it at the bottom. And start targeting folks with metabolic syndrome, long covid, arthritis and digestive issues. I realize they can't make medical claims ..... but .... c'mon. Gotta be a bit smarter than leading with "hair". Need to get in the hands of some influencers too. Not rocket science. But guessing they still couldn't handle a large increase in order flow.
>>>>
Customers Report:
Noticeably thicker, shinier, silkier hair
Reduction in shedding overall
Faster hair growth
Smoother, stronger hair shaft with less breakage
Improved digestion and optimal nutrient absorption
Better mood, energy, vitality
Reduced inflammation and stronger immunity
<<<<
ZIVOlife up to almost 3000 instagram followers .... LOL .... needs to be at least a thousand times more than that. =)
Apparently they were in Peru 2 weeks ago too. Not enough interesting pics although there is one video that shows one of the production ponds.
Amigo Mike
Gwinner,
What pray tell are the birdies tweeting ??
I heard ZIVO is expensive science experiment .... but guessing that isn't what your birdies are saying. LOL
Amigo Mike
LOL Weasel,
Couldn't have said it better myself.
Amigo Mike
Algaeboy,
Sorry to hear that you haven't traded this name more ..... but I understand it isn't everyone's cup of tea.
As noted previous, I have no doubts the algae and the molecular isolates (new discovery) do work and have significant impacts in multiple areas but most notably as you note ... with inflammation. It is the root cause of numerous human and animal health issues. I used to get Proalgazyme way back when for a family member with IBS issues. Cleared that issue up rather nicely. The applications are immense.
It is my opinion and has been for a long time that ZIVO has some answers to some huge health problems but has been completely mismanaged and never has had the right people in place to make it happen. And IMO there is no reason beyond ineptitude why this hasn't already been scaled for neutraceutical / ingredient options. I understand to a point that certain things needed to be protected first but there was nothing but excuses for years.
Your story on the industry and desperation for new non antibiotic options is true and widely known. Yet here ZIVO is with an answer and yet still sits trying to make a deal. The mastitis tests with Dairy Experts .... Zoetis hand picked CRO .... were positive as far as I know and other positive impacts observed .... but tabled. I believe some of that was ZIVO still hadn't ID'd the molecule at that point. Part of the problem with the industry is the good ole boy pharma network and money train. I believe Zoetis wanted synthetic version to make therapeutic or vaccine which I don't think ZIVO could provide at the time. I'm sure Payne has Kristin Peck in his rolodex and sits on same BoD with Zoetis Chief Medical Officer (who just retired) in recent weeks. So mastitis could come back fast ... but as usual..... all about MONEY.
Anyway .... I wish the best for you and your investment.
Amigo Mike
LOL weasel,
Not to mention both you and I..... post buys and sells when swinging going back several years. Didn't see all those posts quoted. =)
UNINVESTABLE has been stated many many times. I'll keep doing what I do, you do you. And we will do just fine. =)
Amigo Mike
Algaeboy,
Have you not traded this one at all over all those years ?
I've been pretty clear this thing has been "uninvestable" for years. The only way to get your money back and make money has been to swing the ZIVO vine when the opportunity presents. Weasel and I have been very forthcoming with swing trade buys and sells. I realize that isn't everyone's comfort zone though.
As to incompetence, absolutely ... and nothing new as has been stated here a zillion times. Including the BoD not stepping in years sooner to get rid of Dahl. But that was all part of the money train. Some investment support contingent on Dahl as CEO. HUGE mistake.
If you've stood pat all this time I'd have to guess your avg price would never be obtained. Hope that isn't the case.
Last opportunity was late last year. Remains to be seen if $8 is a floor or ceiling at this point . I know we are all hoping it is the floor. I still think this should be $20 today for where ZiVO stands presently... but investors simply aren't going to buy it with no information being offered one way or another.
As you know, for me I'm breaking my own swing trade rules presently .... standing pat for now .... pending more from ZIVO. So for now, I lean that Payne delivers something. However the wheels of big pharma move slower than molasses. So really isn't a surprise to me that a deal hasn't been announced as yet.
Amigo Mike
TKS,
So .. you've learned nothing ?? Monkey has nothing to do with the business of ECSL. So that is irrelevant.
Sad there is still nothing to talk about here. You may wanna reread the January PR and Lawrence's commentary and timeline.
Amigo Mike
TKS,
You seem a bit antsy.
Question, what have you learned about ECSL over these last 3+ months ?
Amigo Mike
The silence sucks doesn't it ??
Good to see the stock holding the $8 area. Would much prefer that to be $10 area but for now ... it is what it is. Given volume has basically trailed off to almost nothing ..... I would anticipate that insiders and those close to them are holding tight for now.
I still think the silence is a mistake on ZIVO's part but JMHO. And heard Payne and Company too busy pushing hemp pet business to get on with the business of ZIVO. LOL.
Amigo Mike
Amazes me this fleabag is above a penny still. 488 million shares. This company has no business having $40+ mil market value.
This new deal adds 222 million shares plus 100 million in options to mgmt ..... for what exactly? PLUS .... still have to raise money.
When is the RS for Nasdaq uplisting ... LOL ??
Amigo Mike
Weasel,
Agree 100%. Personally, I think ZIVO is just 1 mistake after another. This one ..... going dark after the completion and positive results for the final coccidiosis trial.
There's no doubt in my mind Payne is talking to big animal pharma. How many ... dunno, but what I do know is he has personal history with at least 2 of them. Those who actually take the time to look know this. But IMO silence isn't the answer on multiple fronts.
Chart .... yep ... unless it bounces back here above 8.50 it's broke. Again. There was a new bidder end of week for 5K shares at 6.80. Strange to me given the silence but legit bid nonetheless.
Yep ZIVO typical 15 minutes of excitement 364 days of "payne". Pun intended.
Yaldoo still owns a ton. But IMO is a zero outside of his money. And agree 3 guys are holding close to 50% of the stock. And I'm 99% certain there are others close to them that own more. For instance I believe latest Maggiore filings indicated no longer included shares of his brother in laws estate that I'm pretty sure werent sold.
The 10k has a note about a $500k loan on March 5th at 8.5%. Hidden on very last page of 10K. So they have gotten money recently. Of course that's not going to last long and certainly need more. And that is part reason the silence is a problem in my book. I can understand there could certainly be some sensitive discussions happening. And ZIVO has no leverage. But the test results in my book provide the opportunity to create leverage and generate interest to the financial benefit of the company and investors. IMO Payne is more or less part of what I'd call the "establishment" that does things a certain way. He's been the CEO of one of these animal pharmas and is still heavily involved in animal businesses with contacts to all these pharmas. So I can see how not wanting to "rock the boat" might be his style. Whereas a new age CEO might be plastering the results everywhere and doing things completely different.
Bottomline is none of this stuff happens fast in pharma. Clearly at least 1 pharma was in on the original test that was botched. So no doubt in my mind that pharma is still there. My question is who else is in on it? Leverage works wonders for better deal.
Timeline is also a problem. Who knows when ? Nobody knows. So ... ya either own it or ya don't. And patience and balls of steel are required.
I am still standing pat on my swing trade from 60 cents. I am admittedly breaking my own trading rules and hard to sit on such a large gain ..... however I did post my sale to cover costs. So letting it ride for the time being. And ideally would rather a large gain like this fall into LTCG category too but long way to go for that . =)
Amigo Mike
Looks like some "itchy" hands dumping some ZIVO today.
Not surprising really. Was wondering when it was going to happen given ZIVO pretty much gone dark again.
Unfortunate but chart watchers will see a breakdown here unless it bounces back above $8.50 and holds.
Amigo Mike
Agree,
I looked at the action. Almost all trades on the offer. So that's a positive. But can't last forever without news.
I assume you saw HEP Investments (Laith Yaldoo) post an updated 13D yesterday for 488K shares. Guess his group still holding a pile of stock. It is amazing to me he files a 13D and still holds. If you don't know, filing 13D is an indication that you intend to influence company mgmt vs 13G that is declaring passive intent.
Yaldoo IMO ... was and is part of the problem rather than the solution. Although now ZIVO has a CEO that has a clue. Yeah he funded ZIVO for several years but the condition of his funding was Dahl being CEO and his money allowed him to attend BoD meetings. He has zero background in bio/agtech science anything. And neither did Dahl. Of course now he's losing his shirt on this investment with ZIVO being YEARS behind where it should be.
There are tons of thing ZIVO could be doing now that they aren't. ZIVOLife for instance, can't wait to see the numbers on that. Not expecting much. But gut health, joint health, inflammation, sports recovery, covid .... the possibilities are massive. LIke I said I would have done side by side on glucosamine. CRP is an easy blood test for inflammation. I'd directly be comparing against AG1 that you see all over the place now. Of course there is that problem of can't produce in massive quantities. Although my due dilly yields pics of Alimenta's grow facility appears to have expanded with new raceway pond(s). There is at least 1 new one from last I saw and maybe more. ZIVO could easily update website on production progress with little to no effort.
But of course the elephant in the room is the coccidiosis license with one of the big boyz. Tic Toc .......... I can understand ZIVO being mum on that, but there are other things that can be shared with investors.
A couple of 1k+ offers at 8.99 to start the day.... =) I am still sitting patient with my swing position from 60 cents and already posted the sell to cover the investment so sitting on house money and waiting. And still of the opinion this thing should be sitting at $20 with the final coccidiosis results proven which doesn't even put the ZIVO market cap back where it sat historically.
Amigo Mike
Gwinner,
Now 4 offers of 1000 shares or better stacked up between 8.50 and 8.99.
ZIVO isn't going northward without updates. So only 1 side of the trade at the moment.
Certainly requires patience. Frankly IMO market been going good and ZIVO had massive run. If market tops out and starts to falter ... I don't think ZIVO will be immune to it especially if the silence continues.
Amigo Mike
Gwinner,
They've been there ... just at higher offers.
Amigo Mike
Gwinner,
The bull "flag" is still prominent on the chart ..... it is ready to go .... but there is stock available and has been.
Without some sort of buy interest ... it isn't gonna go anywhere.
Present offers.
1500 @8.99
2300 @9.00
Stupid to show that in my book but whatever. Gotta get past $10 which is also a psychological barrier and traders likely to jump on flag breakout if there is reasonable volume.
The issue with ZIVO is the same as always .... 15 minutes of excitement ....364 days of ..... crickets ......
It is a matter of ..... REASON TO BUY ...... and it will launch.
Amigo Mike
LOL,
POLO !!!
What is to discuss in light of nothing from ZIVO??
Nothing happening with trading except some dumb dumbs showing too much size on the offer. Or it is on purpose?
ZIVO has already indicated big animal pharma involved.
Typical ZIVO.
Amigo Mike
And of course sellers stacking today as well.
1000 shares at 9 and today's number of choice is 2900 at 9.35.
There's been a standing bidder at $6.80 for a long time. He's up to 5000 shares bid.
Of course with a $2+ spread sometimes ..... wouldn't shock me for someone to bid sit .... and if get hit .... immediately switch to best offer. No sense in MM whores making that bank.
Amigo Mike
Hell,
I still don't know why the clownshow Dahl never did side by side study against glucosamine. ZIVO should be the replacement for that as well. Shouldda been done years ago. Human, pets .... no brainer. Big market as well.
Some say glucosamine works .... other say it's hard to say. Prolly why Dahl didn't do it. But ZIVO knows what impact the ingredient has on inflammation markers. Proven time and again.
https://www.forbes.com/health/supplements/best-vitamins-and-supplements-for-joint-pain/
Of course Dahl was smarter than everyone else.
Amigo Mike
Hey weasel,
Yup .... easily done with no volume activity.
There have been sellers lined up at various times during the week ..... the other day it was 1500 share at 9, 2500 shares at 9.50, 3500 at 9.95.
Stupid for anyone to actually show that .... but making it obvious not wanting it past $10.
That said ..... agree .... 200dma I have at 8.63 presently ..... the widely followed 20 and 50 dmas are rapidly approaching from below in a strong uptrend ...... certainly setting up for golden crosses coming soon. Other indicators have flattened and are primed to move.
Regular scale has nice C&H (but not volume on the H thus far to support breakout) ..... log scale shows bull flag that is coming to the point of action.
News on license now would be absolutely perfect !!!! But of course ... this is ZIVO.
I maintain the opinion that major animal pharma prior involved in these tests is still there. If I'm Payne .... they screwed the pooch the first time and while I'm sure this time they need some time to look over the results and validate and ask their questions ..... it's time to shit or get off the pot IMO. You had the inside track and inside view .... you screwed the pooch .... we went and proved without you ..... now pay up or ........
Personally were I Payne I'd be talking to every organization that is on board with non antibiotic push in animal feedstock ..... and putting pressure on the entire industry. And make the calls ..... up for auction. Of course he needs to have the expected market values in hand to know what the right deal is ..... but public pressure and industry competition yields best results.
This is a .... novel treatment ... that could change the industry on multiple fronts. Some seem to think pharma industry changes on a dime. It don't happen. But I think something happens sooner rather than later ... when that is ..... in terms of time .... hard to say. Weeks .... months ... I dunno .... but I think the iron is hot .... time for ZIVO to strike.
Amigo Mike
Fun item pointed out to me by fellow ZIVO long.
Curb Your Enthusiasm ...... Larry David just this past week. Brings his own eggs to his club .... because the clubs eggs are full of antibiotics .... LOL.
Of course ZIVO tests were on broiler chickens which are slaughtered long before the point of laying eggs .... but the point is .... there are any number of concerns farmers and citizens that have concerns about antibiotics in feed animals.
ZIVO has an answer .... the question is who gonna pony up for it ?
LOL,
666 share sell 5 minutes before close. Dumb.
Oh well ... not just yet.
Hello ZIVO ... anyone home ? Silence doesn't work.
Amigo Mike
Are we closing in on more action in ZIVO soon ???
https://schrts.co/bjmcsWKk
This is weekly 5 yr chart. Last couple years historically oscillating between $15 and $25 with no commercial ops ..... and no final anything tests in hand. IMO should already be at those levels but that's just my opinion.
ZivoLife ... producing. Albeit laughable at this point. Pending more updates on increasing commercial production. "Gut health" ..... today's big buzz words. But we know ZivoLife isn't BS and actually delivers. Over a decade of validations. Inflammation ..... inflammation ..... inflammation. ZIVO has natural answer in numerous verticals.
Coccidiosis completes final phase validation tests. Has USDA oversight and approval process determined. Has global animal health company involvement.
Tic toc tic toc ...... IMO ... if ZIVO doesnt move the product candidates to an AI style research process that can get it all done a zillion times faster ..... i'm still of the opinion ZIVO should be sold to highest bidder given it is final stage for first product candidate. There is no vision and timeline into the other possible verticals given the focus presently. Definitely ZIVO has dairy cow and porcine options in animals .... not to mention human GRAS and need to get production up to land nutraceutical ingredient business. The dried ingredient should be a hot commodity but they can't produce it in quantities.
So split it. Sell it ... split it into the biomass / ingredient .... and sell the IP and animal molecules to big pharma unless going to make major changes to the go forward process.
Amigo Mike
Looked to me like someone was putting in 4K to 5K orders at 9.90 and $10 before they were covered up this morning.
Silly to show all that and the orders should be for $99.90 and $100.00 offers instead of around $10.
Or course not going to hold my breath for those numbers but that's where my GTCs are.
Tic Toc .........
I suppose folks loving the $2.50-$3 spreads too. LOL. Were one inclined to put faith in chart formations .... sure looks like ZIVO tryin' to put in a handle on sizeable cup'n handle formation. Of course this is OTC and literally almost no trading so anything can happen. But that C'n H would point towards the $11.50ish area for resistance / breakout area ..... and then it would be anyone's guess how far it could extend but longer term resistance in the $20 range .... which is basically where I think the stock should be today in the first place with the positive coccidiosis final test result in hand and shopping a license/co development agreement.
Amigo Mike
Gwinner,
I am saying the loss of Nasdaq listing had a very large impact on stock price last year. Virtually all the institutions that owned it solely because it was on Nasdaq ..... sold ..... and with no buyers and news ...... into the toilet it went.
Insider buying was and has been mainly because the company was also out of money. They obviously had a raise planned to stay on Nasdaq by their own admission .... and they back out of it ...... I'm sure the terms were pure shit. Instead insiders bought new cheap stock with no added candy. Six of one .... half dozen of the other ... shit financing or insiders buying at even worst prices ........ stock buys at bottom of barrel prices that frankly shouldn't have happened. Mismanagement again of the capital structure of the company. Par for the course here.
Anyway, the insider buys are unregistered .... so they can't sell and doesn't hurt current stock price. And not in the hands of scumbags. So some positives at least ...... but we also know that past insider buys .... while typically positive in the short term .... longer term ..... well you know the story. Here we are ... still waiting on the next step.
Amigo Mike
LOL,
Yes .... you were no fan of Armistice. I don't know if they have a mandate in their investment governance standards against OTC or not ..... but they did surely contribute to pushing ZIVO into the toilet. Among others of course .... I believe Vanguard had to unload the largest position last I recall during last 2 qtrs.
But anyway ..... i don't see institutions buying back in to this thing any time soon and without vision into the future so .... it's us retailers at this point. Hoping at least they all stand together and hold on til we get some additional info from Payne on the next step which I'm sure that we all anticipate is a license or co development agreement. At this point ZIVO looks to be leveled out in the $7-8 range. Not high enough in my book but it is what it is.
Frankly I'm still in the camp to sell this thing. But have a hard time thinking big animal pharma is going to fork up a couple hundred million for ZIVO at this point. Payne unfortunately is far up there in age and surely isn't gonna be around too long. No apparent succession plan. As currently packaged ..... probably as best it can be for a sale .... plus loss carry forwards would have added value depending ....... hell I think they could even sell the algae strain as well ..... much better than spirulina.
Amigo Mike
Hey weasel,
Just was doing some basic tooling around ZIVO .... took a peek at institutional holdings to see wassup given February reporting over last week .... and Armistice vacated the building during the 4th qtr. That placement I'm pretty sure was done with those scumbags at Maxim. Hopefully ZIVO has learned they are bottom of the barrel and don't do business with them again.
And obviously all those funds that held while the company was on Nasdaq have for the most part vacated the stock as well. No surprise. And big reason for late year decline. Starting from scratch again.
So Armistice appears to be out the picture excepting for the presumed warrants that they hold that are not listed on their 13HF.
June 30
https://www.sec.gov/Archives/edgar/data/1601086/000131586323000707/xslForm13F_X02/armistice2q2023.inftbl.xml
Sept 30
https://www.sec.gov/Archives/edgar/data/1601086/000131586323000886/xslForm13F_X02/armistice3q2023.inftbl.xml
Dec 31 ZIPPO
https://www.sec.gov/Archives/edgar/data/1601086/000131586324000239/xslForm13F_X02/armistice4q2023.inftbl.xml
So the institutional overhang appears to be totally out of the picture at this point. All retail and insiders. Happy to have scooped those 60 cents shares and looking at what's next for ZIVO. Sadly mgmt has again left .... the next step .... open ended .....
Amigo Mike
Slojab,
I would expect Lawrence has a plan in place of course. I'd have to expect that Lorton entities might have been provided some insight there in order to support the deal. IMO owner financing was last resort stop gap to close in lieu of not able to secure lender straight out. Lorton gets everything back if ECSL doesn't come through.
Push the can down the road 6 months for a big payment, give Lorton another pile of shares to do it and another discounted pile of shares for cash to include in the deal from the Laconia crowd as outlined on the disclosure.
I would expect to see partnerships/land deals to raise the money to pay the mortgage and lay foundation for more. ECSL at EOQ still no operating cash worth mention. And no indication of what revenues are to be expected from the canal. And assuming $2.5 million in debt with no indication of terms but it is listed in current liabilities for accounts payable which kinda makes it sound like it is more immediately payable vs a loan type situation payable over time.
The stock predictions ... LOL .... not worth time to read them ... no basis. Just playtime for some.
Yeah .... It boils down to definitive deals. The only thing definitive thus far is the completion of the Lorton deal ..... and Trucking Tower isn't killing it for additive sales.
Multiple other items mgmt has insinuated haven't come to fruition either. Mabanaft turning into partnership or some other definitive business arrangement should be expected at this point. They are fully capable and surely have the money and expertise. Although ... "partnership" implies that they are buying into something which likely means ESCL you and I get a smaller piece (more dilution in different form).
We shall see. I expected to see more by now from ECSL.
Amigo Mike
Well,
I hope no one was spooked into selling yesterday ..... seems Nasdaq decided to post a delisting notice yesterday ... literally 3 months late .... this stuff already happened late last year and looks like ZIVO filed 8K late to add clarification. A nothingburger.
In the absence of more updates ...... this is typical ZIVO. Not much reason to buy other than to speculate depending on your position ..... not much reason to hold. Enough reason to sell. As you know, ZIVO is typically 15 minutes worth of excitement ..... and 364 days .... of watching paint dry in recent years.
The company as usual is NOT doing itself any favors by remaining silent. And releasing update on the validation study after market at 5PM .... um .... stooooopid. Who looking at 5PM. That's when all the negative news is released and otherwise nobody remembers or even notices by morning. The public markets are driven largely by sentiment which directly impacts stock price. The current price IMO is ridiculous, but that is ZIVO's fault and routinely shoots self ... and investors .... in foot .... repeatedly. Sentiment isn't positive enough on this company.
Someone has been patiently waiting to buy 5000 shares at $6.80 for a couple weeks. And about a 1000 share buyer at $7 this morning. Got a nice sizeable cup with handle potential formation in play presumably if ZIVO were to begin a northward march in the not too distant future.
Amigo Mike
Wow,
It is amazing that no one discussing the fins.
What with the little nuggets of info from the Laconia connection that provided almost all the cash for closing the Lorton deal to the $18 million due on the Lorton financing by June 29, 2024, to the dilution (no surprise really and at discounted prices) and now 102 million shares out. Not surprising that ECSL isn't going up with no definitive deals since closing.
I think it was TKS that asked what the owner financing looks like and I noted it could be just about anything given the private nature of the financing. And sure enough .... big balloon payment due 6 months after agreement date. See below. All of it due in 2 years.
Presumably Lorton owns ~8.275 million shares of ECSL .... 4.275 million new shares to close deal.
Additive sales finally broken out ..... LOL .... revenues down QoQ. Thought additive revenues were supposed to be going up. Trucking Tower been on board for over a year and additive sales (AND SERVICE) are $82K for a qtr. Like I said ... that ain't gonna move the needle.
Land appraisal at $43 million .... and assumed some Lorton debt. Flipped shareholder equity to $5.8 million from a negative. No vision into the future offered. But obvious investors looking for definitive deals.
You see ?
Freely admits axe to grind. "pompous ass" ... need I say more ?
.... And if I did as accused I would have been kicked off Ihub.
"Mr Nice Guy" routine is a charade. Only here to stalk me and no interest in ZIVO.
Don't take my word for it ...... If you have time to waste you merely click profile and read posts. They speak for themselves.
Amigo Mike
Gwinner,
LTA is a board troll and only here to stalk me.
Do what you will with that information.
Amigo Mike