Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
LOL,
Their business model is what got them in trouble in the first place .... with BTC tanking.
Today's business model isn't much different than the original.
But you posted with the video that are up to 700MW. By itself. That is false. 700MW is a pipeline of projects. 160 MW is one of the component of the 700MW pipeline.
Today ... SLNH is running roughly 55MW. 25MW is totally hosted clients at Project Sophie and isn't going to produce alot of revenue. Just watch the videos on earnings potential per project.
Dorothy 1A is 25MW up and running but IS 85% OWNED BY Spring Lane Capital ... only 15% SLNH. They get all the money. Dorothy 1B was partnered with Navitas for prop mining. I believe is 50/50 if I'm not mistaken that is due to be up and running with 25MW this month.
The CEO is his interviews is NOT LYING. Never said he was. But he touts SITE LEVEL FINANCIALS. Not corporate financials to shareholders.
Example with fictitious numbers.
CEO would say something like Dorothy 1A to produce $10 million in revenues, EBITDA $4 million ..... problem is .... 85% of that goes to Spring Lane Capital which CEO doesn't highlight.
Been following this company for years. They like to play games with the numbers provided so you need to listen very carefully and understand the number being provided.
Fact is ... CEO's own presentation.... slide 20. SLNH EBITDA is projected at $1.1 million for the entire FY2024. It is $10.7 million with Dorothy 2 online. This company needs far more scale and MW producing and Dorothy 2 is part of the key to it for which the company has no money and not announced how it's going to get built even though it is characterized as shovel ready and is already approved by ERCOT.
So ... why are you posting a video about FY>>>2022<<< earnings ?
Those are long past. And not relevant to now. The company since those earnings shut down a data center due to being foreclosed on. And completely changed its operating model.
The next earnings report is the F2QFY2023 and they will be atrocious like I said.
Amigo Mike
Plenty of ECSL stock available for sale again. Almost 18K. Not a negative comment. Just statement of fact at present.
If ECSL closing this week, why isn't it being snapped up ? I penny doesn't make a difference if you think the stock is $$$ in the not too distant future.
Amigo Mike
No Question,
Certainly not about what I think ..... but stick to facts.
And earnings to be posted shortly will be atrocious. Count on it. Lotta noise about reducing expenses and EBITDA. This company has a deep hole to climb out of.
Amigo Mike
=)
I've been following this stock for years and know it VERY well. 700MW is a pipeline of projects that have been in discussion for YEARS. The pipeline has been as high as 2GW. If you'd like me to provide links to prove I'd be happy too.
Last video ... LOL ... talks about next Project Kati .... that is 166MW project in Texas that they hope is next project after Dorothy. Which is part of the 700MW pipeline which again has existed for YEARS. These clowns don't have the money. And bad financing on Dorothy is going to dilute this stock significantly. That is why it is in the toilet. And BTW ... the fireside chat stuff IS PAID FOR PROMOS BY SLNH.
The story is great. Mgmt execution and delivery is not.
Amigo Mike
LOL,
This company is at 50MW in production ... and on it's way to 75MW this month. It is NOT 700MW. Factually incorrect.
They have a PIPELINE and several hundred MW of projects that may or may not ever come to exist.
And the Preferred Stock isn't getting dividends paid any year soon. No money through 2024 to pay them plus ... to pay them ... they need to pay all in arrears ...... which equates to about $500K+ per month or $6+ million a year. AIN"T GONNA HAPPEN in lieu of need to build out new projects as the arrears is already roughly $6 million about now.
Nice pumping though.
Wait til convertible debt starts getting dumped on the market. $16 million convertible at 30 cents.
Put that in your calculator. I don't think that all will be converted but this company will encounter significant dillution below $1.
BTW ... I do think there is promise here, but mgmt is not above board with the numbers they present to shareholders and potential investors which is problem and leads to misunderstanding the current potential here.
Amigo Mike
LOL,
Nah ... couldn't be. Never. How dare you !
=)
Amigo Mike
Things that make ya go ..... hmmmmmmmmm ....
60,000+ shares being offered presently on ECSL. Awkward given assertions of ECSL closing on Lorton deal this week. Or .... maybe not so much .. eh ? Guess longs aren't all the confident in ECSL closing this week or 60,000 shares would be snapped up in a hot second. Oh wait .... ah yeah .... what ... it's the Tuesday MM games ?
ECSL isn't even remotely interesting til it at least moves above the .81-.85 range which it hasn't surpassed in quite some time.
Amigo Mike
BTTC looking like another great decision by Dr D on behalf of SPIN investors.
So far .... Bitech is a zero.
Speaking of which still holding at a nickel for price just seems ridiculous. Roughly a $25 million valuation. I still don't see it. Should be below a penny by now as cash should be gone and no news on money coming in or business generated. Looking like vaportech.
Amigo Mike
Understood,
And yeah I get it ... being able to refute certain messaging. Not saying all should be iggied but there are several candidates worth consideration that have more or less proven themselves worthy.
Meanwhile ... hey ... ECSL is up a little bit on a Friday. Weeeeeeeee ... .we're green ! (for now) =)
Amigo Mike
LOL Slojab,
Why bother ? Use the iggy feature. You know who doesn't bring value to conversation of ECSL or who is totally classless or doesn't even talk about ECSL. New recent rules just make it that much worse. I like to hear all arguments about an investment but when they step over the line and prove over and again totally worthless ... well ... time to remove that from the equation. Just isn't worth it.
Ya think I'm considered a basher of ECSL =) .... even though from the start .... I have maintained that ECSL had a deal going here ?? LOL Never said otherwise. I just take a realistic approach to investing and do my homework. And I pretty much don't say anything that I can't back up 100% (and usually do) ... one way or another. I don't need to lie about anything. Like there's no issued patent assigned or owned by ECSL or a known subsidiary. I've shown the proof of that with links to appropriate sources. That isn't bashing. It is just the facts. ECSL isn't proving otherwise and neither has anyone else.
I've had the pleasure of opposing pied pipers before ... one even mentioned in side swipe at me here a while back ... but ... some ..... didn't bother to actually read and know that I opposed the narrative of the pied piper and that stock ..... that eventually went into the toilet. I'm not saying ECSL will go into the toilet. It will if Lorton deal fails. But if Lorton closes .... there's a chance to make some money. We all know it is Lorton closure or bust.
So rid yourself of the riffraff. Life will be much simpler.
Amigo Mike
I'm still wondering about this product launch. It just isn't professional.
Ya can't be standing pat with Alimenta selling packaged dried algae under your own label that has zero brand anything. There just has to be more. Small scale cost is too high to compete as an unknown brand.
Payne did mention other products and .... did throw in a one liner at the end on the chicken study. Working to complete the study would seem to me to mean it is still ongoing .... or it's done ... and they are working on the evaluation of the study results. Either way, the note is just so non commital and non descript that it is difficult to glean anything from it. Damn sure better be working on it. Would have preferred to hear an estimate on when the results might be expected. Midyear is here. It is time !
Amigo Mike
LOL,
Slojab ... ECSL isn't even remotely interesting unless the Lorton deal closes and the stock is at least beyond $1.50. It hasn't seen the $1.50 plus level since 2018.
I wouldn't be opposed to buying some additional ECSL but each update continues to fall short on details. The updates are nice but not enough. And too many other opportunities elsewhere in the meantime.
Amigo Mike
Welp,
Can't say I'm surprised ..... Mr Market ... rather underwhelmed by the first commercialization announcement in more than a decade for ZIVO.
I am hoping (bad strategy) that this is a "warm up" for ZIVO coming out with more info. So far this first commercial offering looks like just the general dry algae powder for very basic human use.
Wondering if next item is NutriChipz/Chipuras .... although that was one of Dahl's buddies. So not sure that's even in play any more.
And then there was testing that was occurring with the dermatologist for topical skincare applications.
Or ... maybe even news on chickens eh ? Fancy that. Nice to have the dried algae on the market but I don't expect that does diddly unless offered as an ingredient and incorporated into an existing brand's product lineup either as a new supplement or added component (enhancement) to an existing supplement.
I would certainly like to press that little green "buy" button at these prices ..... but still just cant bring myself to do it. It is prolly a mistake not to buy at least a token swing position on the assumption chicken news is near. hmmmmmmmmmm
Amigo Mike
Ya,
It's a start. So ah, who here gonna jump on the introductory offer eh ?
I used to order proalgazyme back in the day. But can't say this latest offering is compelling in any way as it is presented currently.
Hopefully the website is significantly improved ... quickly. Certainly don't need a middle man for that.
Amigo Mike
And,
Website sucks.
Looks like first product cost $99 for introductory offer .... LOL. And it doesn't tell you what you get LOL. Picture is of 3 3.5 Oz pouches.
https://www.zivo.life/products/zivolife-microalgae
Well. At least have something out there. Testimonials on there as well. LOL. Amazing !!
Any bets on revenues for f3q ? LOL. $10k ?
Amigo Mike
Hate to throw water on the parade .... but ... semi fairly certain ZWorldwide is a nothingburger.
Alimenta already been working with for years one way or another.
Amigo Mike
Kinda looked like $1.75 got supported again in yesterday's trading.
Amigo Mike
LOL General,
ECSL hasn't been telling the whole story for more than a decade. Nothing new.
Case in point, how much is the deal with Lorton ?? How is it paid for ? Who is lending money ? Are they still buying the 10 parcels and 2 businesses ? ECSL disclosures only say the lender is to "provide $30 million for the Port of Tampa real estate closing". That doesn't mean anything other than how much the lender is to provide. No information on how the $30 million would be used. After 3 years, still haven't informed investors.
And BTW, there is no qtrly report next month. Won't see that til October ..... as ECSL FY ends June 30th so ... got 3+ months to report.
Amigo Mike
LOL,
Significant U turn ?? LOL
Guessing ... or get some new info ?
My guess ... same old shit. It is almost August and nary a peep out of ZIVO on progress for months. Bare minimum reporting.
Amigo Mike
Drip,
D r i p
D r i p
Someone picking up shares at 1.75 ?
Amigo Mike
Agree Weasel,
There isn't any support below. My initial guess was around the 1.50 area as that's were I'd potentially pick off shares with a stink bid. I think the market ... in lieu of the very smart move of zivo to say nothing .... is basically adjusted downward for the dilution even though it was advertised as market price. 1.50 was just my quick calc guess on downward adjust.
Anyway, not touching it for the time being in lieu of nothingness.
Amigo Mike
LOL,
$1.70s but bidder for 10K at 1.85 now. Not much else.
Amigo Mike
Weasel,
100% agree. All underwater.
Still not sure why you put Armistice in that category. Stephen Boyd is no joke hedge fund manager. But that of course doesn't mean they couldn't push ZIVO anywhere they want to.
I hold no swing position so I'd be missing any popping at this point. I'd love to buy it at $2 or less but the company not offering diddly. Hell ... anyone know where these clowns are with any of the testing process ? Anyone actually get a response from ZIVO mgmt ? I haven't bothered honestly .... too many other companies firing on all cylinders to waste time on the ZIVO black hole.
Amigo Mike
LOL,
$1.84 bid. There still literally almost no bid support in the order books for ZIVO. Of course this is point in time info and could easily change in an instance .... but .... Armistice buys at $2.67 2 weeks ago and is down over 30% already.
Tis why I never has purchase ZIVO in a pp ... ever. Wouldn't even consider it unless there was a massive change in how this thing operates.
Maybe gets to my stink target or even lower. Brilliant on mgmt's part. Pretty sad.
Amigo Mike
Thanks Carl,
Yep understand. Plenty of opportunity elsewhere and definitely landmines lurking in the financial markets.
Appreciate your honesty. Lacking in these parts.
Amigo Mike
Carl,
So you aren't buying the ... "come hell or high water" quote from Lawrence that the deal will happen ?
Surprising that you'd be unloading of late what with all the DD on ECSL on this thread and the done deal chatter.
If you don't mind, what is your thought process on that ? Are you just fed up and at your breaking point or some other reason ?
TIA
Amigo Mike
LOL,
Good one.
Amigo Mike
Slojab,
Gotta give props to the bulls for getting ECSL to the top of the breakout boards without noting a single tidbit of valuable info on ECSL.
Impressive. I was actually wondering if this was the "some" or "personal attack" board. Given the new Ihub rules and all. Those topics probably got more play than ECSL.
So what happens with ECSL tomorrow eh ? The dump ? Flat ? Continuation northward ?
Amigo Mike
Nothing happened with the raise. 8k was already filed and new form D filed today to more or less put the icing on top.
Of course Zivo has chosen to remain silent so SEC filings the only thing market has to go on which no one really reads fully and doesn't add context like a PR might.
It's kinda like Zivo gone into a shell. Merger or sale of company is my vote at this point.
My stink bid wouldn't have gotten hit today. Was thinking $1.50 last week.
Amigo Mike
LOL General,
John Lawrence confirming what I have said for years. Deal doesn't close til everyone else comes to the table.
In this case, deal not closed due to environmental concerns of lender (still). i.e. Lender not yet willing to come to the table. Not my words .... John Lawrence's words.
You'd think even the simple minds could understand such simple concept.
Nice uptick today. Nice to see for once. The question is whether it is sustained and continues.
Amigo Mike
Dazetrader,
See above in blue.
Have you not noticed change in ECSL discussion today ?
Amigo Mike
LOL,
Uplisting .... that's been dropped from the narrative as I said wouldn't happen .... and that EVERYONE would know when any uplisting would occur one way or another.
Will be interesting to see how the ECSL discussion further degrades from bad to worse with the new rules starting this week.
Amigo Mike
Oh General,
Don't you get it ? It has taken ECSL this long ... maybe .... to actually get somewhere and to find potential partners/tenants for the deal. Of course deals that would follow the Lorton deal don't just fall off trees when talking to reputable firms and require alot of time to get done. It is my opinion that "other" parties have provided support such that Mills and Lawrence were eventually introduced to potential partners/tenants. The added fun is the local community and property history.
Is ECSL still acquiring the 2 Lorton businesses ? What do they do ? How much revenue and earnings ? ECSL acquiring their employees as well ? BTW, how much is the deal ? Da clowns still haven't offered that information after 3 years. 3 YEARS. LOL. For a land deal to close.
I told everyone this deal doesn't happen til EVERYONE ELSE comes to the table. I asked what ECSL brings to the table in this deal besides stock and an idea. There were no answers. EVERYONE ELSE HAS TO COME TO THE TABLE TO MAKE IT HAPPEN. ECSL cannot do it by itself .... NEVER COULD ...... unless of course it raises cash for 70+ million shares to do it. ECSL can't service any debt it takes on for this deal unless the 2 Lorton businesses themselves can support it .... or lender agrees subsequent deals will support development and payment.
All the time spent has been finding partners to do this deal .... and the other assertions of Mills asking for too much .... is highly likely part of it as well. ECSL DOENS'T BRING ANYTHING TO THIS DEAL and has no business asking for more than others are willing to allow. Hell, ECSL being a landlord coming out of this deal would be a win for ECSL. Not wildly that big of a deal but ... a win nonetheless. At least would have a potential steady income from tenants on the property for the long term eh ? Maybe ECSL install a few solar panels and windmills on the land to generate some electricity cheap for the project eh ? Could get ECSL bulls to keep going with the bullish rhetoric to provide enough wind and hot air to power the turbines !! Cheap power to sell to tenants direct on site.
Interesting to see the bravado and BS return around the 55 cents level. About what I'd expect for first defense. Notice no details ... just noise. Lotta private placement stock at 55 cents last couple years. No surprise really.
Amigo Mike
Tony,
I have had responses from IR before (external). Although no idea why they'd be paying for external IR. They aren't doing roadtrips and don't say anything so. Waste of money better spent elsewhere.
Email marchiando direct. See whatya get.
Amigo Mike
LOL,
My stink bid would be lower than $2 as I'm not interested in becoming a bagholder in ZIVO.
Right now, I'd be looking to swing on a very short timeline. Not buy and sit and wait as I may have done in the past .... as the stock continues to fall with no end seen at this point. No support seen as yet. Of course ... could change in a flash and I'm not watching that closely. But not putting myself in a bad position with this stock ... too much to make elsewhere that is not like watching paint dry.
Longer term, I do believe the stock is at all time lows all things considered. (.025 split adjusted). I know there were split second penny prices at one time or another on a fast drop .... but for normal trading .... pretty sure this is all time lows.
Impressive wouldn't you say ?
Smart business move on ZIVO part of say nothing for months. Especially when you need money. Well now they have money that would last for probably 9 months. Might cure NASDAQ delinquency for 1 qtr but back into delinquency without new money coming into the picture.
Was Dahl rehired and I missed the PR ?
Amigo Mike
Gwinner,
Fancy meeting a commercial chicken grower on vacation eh ?
Good info and basically what I've heard for last couple years ..... which is where .... I just don't get WTH ZIVO has been doing. I do realize nothing happens fast with big pharma. But this chicken solution just seems to be sitting idle 90% of the time. Dahl is smarter than everyone else so no surprise he didn't move it faster but Payne is an industry guy and I expected movement to be much more swift. Still not sure how or why Nutriquest dropped out of the picture as well. But Jesus, new non antibiotic answers are a must .... and ZIVO has an option ..... that may provide multiple benefits. I realize also that all must be considered and not just the target for side effects or even side benefits .... but it has really amazed me that money and partner resources haven't been tossed at ZIVO these last couple years. Ya, covid an issue and throw a wrench in there too. But again ..... the industry and regulatory bodies are looking for answers. So why has testing not been a nonstop situation to support a final product these last couple years. Whatever it takes. I just don't get it
SO WTH IS THIS COMPANY DOING?
Anyway, as noted yesterday, I am on watch for swing trade action. These guys are overdue on an update. Now have some added money in hand. The excuses need to end and real action take place. Of course stating the obvious. =)
Amigo Mike
Impressive the amount of communication coming from ZIVO eh ? Had expected some info on tests by now.
But I guess it's looking a bit more like "shoooo fly" where investors are concerned. Either that or they've ineptly blown another test.
Still waiting on the scale up of production ( LOL ... um .... bull $h I t) and licenses selling the algae as ingredient.
Still waiting on testing protocols ... launch of new test, end of new test. Test results and license for chickens.
Wonder what Boyd knows? I guess one potential downside to placing shares with one institution is not communicating with everyone else. No public offering per say so don't need to keep any new investors current and happy with their new investment.
For me. Sitting and watching. I'm sure institutions are dumping with the boot from Russell index. So looking at options for picking up the pieces for a swing trade. Considering a "stink bid" while waiting.
Amigo Mike
Correct,
ECSL has nothing to do with that. Not even in the business.
These things are brought up as "could bes" for ECSL .... and surely is ECSL stated goal ..... but reality is ... ECSL is not presently in the business of eFuels nor green hydrogen. Would they like to be ? Sure .... but ... the silence, stock price and the trading is indication ..... there is nothing to talk about with ECSL except mgmt's failure to launch up til now. No one buying in anticipation of a closing.
Maybe you know dangriff .... what does ECSL bring to the Lorton deal again ? Company stock and an idea ? Anything else ?
Amigo Mike