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Nothing has changed. Credibility lost. This doesn't restore it. Just like no blast off with the announcement. Not even 100,000 shares traded by 10AM for a premarket release of the news. Funny. I asked who was gonna buy on the deal closing before and it was crickets. And who is offering all that stock ?
It is nice to see the deal has finally closed. Those with rose colored glasses can't see that mgmt still cannot communicate the details of the transaction which is an ongoing problem so an investor cannot extrapolate anything beyond the PR.
LOL at ALL CAPS in the headline ....
Purchased land and "business assets" ? Not 2 businesses ?
The combined purchase price of $33.5 million .... but ..... did money change hands ?? And if so THE MONEY CAME FROM WHERE AND AT WHAT COST ?
And no indication of any follow up PRs sooooooon .... 1st area of growth ... Dynamo ... ROFLMAO
Certainly a milestone for the company and I congratulate Mills and Lawrence for finally getting it done. However all the important details are still MIA for real investor interest to occur.
Not bashing ..... Just pointing out the facts. And ... where are all the buyers ? Thought this was going to $2 on the announcement ??
I'll buy ECSL if Mills is replaced ...
Amigo Mike
This is ZIVO.
Expect the unexpected.
So what you are saying is ... speculative buying should continue cause ..... results should be expected ..... any day now ..... 😁
Amigo Mike
Algaeboy,
I agree with your timeline assuming your later start date of October 30th. That just punctuates the problem with ZIVO. The communication is horrific.
That said ....... Payne and Marchiando said at the Dawson James Conference on October 12th that it was supposed to start the following week around the 19th. Putting completion around Dec 1.
Of course as you note, ZIVO PR October 30th. Some of it present tense. Some future tense. Again .... horrific unclear communication but clearly stated expecting to report results by year end. Of course they did not specify "which" year end ... LOL .....
Mid February .... frankly I don't mind waiting that long but if that is true .... and I would expect by now that ZIVO has been in contact with the CRO at the very minimum to ask WHEN ... then ZIVO should damn sure issue a project update at minimum to reset expectation they themselves provided.
Amigo Mike
Its worse than that,
The test was to start late October and end basically around the beginning of December. ZIVO has given no indication of delays or anything getting it started. I would guess that the CRO would require a little bit of time to compile results. Not sure how long ZIVO agreed to on that but of course they prior indicated results by year end.
As noted, I don't think the insider action last week happens if they have those results. So the question is ...... WHEN ?
Amigo Mike
Typical ZIVO,
Fireworks for a fraction of a second .... nonethingness for months.
Been a staring contest since 10AM ..... not much action either way.
Tic Toc ......
Amigo Mike
Agree,
ACSM top bidder right now and been all morning. I think they are trying to scale out of a short and probably got out a bit yesterday.
Amigo Mike
Welp,
I'm still of the opinion that mgmt didn't have the results as of last week as I think the insider buys would not have been allowed. So from that standpoint, can't speak to what you don't have.
But when they get them I'd certainly expect them to be released within 4 days as required by the regs.
But agree, overall communication is horrific.
So far this morning not looking like anyone willing to part with any stock of any size.
Amigo Mike
Forgive me ,
What does that mean ... LOL ? Long and strong or ...... something else ?? LOL
Amigo Mike
The reading on MM ACSM and pink sheet stocks is interesting.
Lotta conspiracy they are leading shorts on the pinks. Bidding ... which they are .... trying to cover ..... offering .... they are shorting.
Can't say I believe all that but these guys have been in on the ZIVO action as far as I've seen lately.
Amigo Mike
Still some larger bids showing up. In my mind those are questionable given ZIVO has not said anything for quite some time now.
I get that results are pending but I can't see folks dropping any significant bets on the stock after the recent run up. So I wouldn't be too quick to sell into larger bids.
Presently 3000 share big at $3.50.
Gotta hold strong people but know your limits and your risk tolerance. I'm sure that we are in for a wild ride soon .... it's already been one ..... but one way or the other ... there is surely more to come !! Some consolidation is good.
at 10AM .... more larger bids at $4
Amigo Mike
I am wondering if we saw some short covering last 2 days. OTC Markets has the shorts at 55k for December 29th. And float at only 560,000. I think it would be a challenge to cover that much as thin as this is. We know alot of stock is tightly held.
Might explain a couple of the larger bids last 2 days.
The way I see it, if longs are willing to hold strong and be disciplined in bleeding out minimal shares as it rises ... good news and lord only knows how high this could go.
I'm ok with the close today even though the stock ran over $11 for a split second. Frankly very surprised that it ran that far without news.
🤞 let's see the results !!!!
Amigo Mike
LOL,
Does that mean you aren't buying any more ? PTSD .... good description cause I'd own a lot more shares right now under normal conditions but would definitely have sold to cover cost already. Looks like small seller has stepped in there a bit.
Given the action on NO news ... it does give me pause regarding what the action would look like WITH positive news and proper update from ZIVO.
Hmmmmmmmmm ..... I think we've seen triple digit moves in recent years in some of these very tight float stocks .... LOL. I'd probably you know what in my pants if that happened here. =)
Amigo Mike
There's an offer around $71 on L2.
That's where I'd be interested in selling. 😁
You know the deal. If the ZIVO longs hold on tight .... and chicken news is good and ZIVO ... for once .... gives a solid outlook with some timelines on next steps and potential for a license .... today's action is NOTHING in comparison to what could happen.
Frankly surprised there isn't more selling. But guessing there weren't many buyers below $2. L2 slowly thinning out again.
Amigo Mike
cheusmann,
Quite frankly, $4 is a joke for this stock .... with about 2.4 million shares out ...... and assuming the chicken tests are positive ...... leading to a license for first non antibiotic treatment / preventative for coccidiosis in chickens ... literally the first innovation in this space in more than 5 decades ...... minimum value is well into double digits.
Amigo Mike
Um,
What did you learn about ECSL the last 2 weeks vs the last 3 1/2 years ? Nothing.
Same as usual. So enjoy the silence. As they say, empty barrels make the most noise. I think that's pretty much proven to be true here wouldn't you say ?
Also goes to show there is zero to talk about on ECSL until such time as mgmt offers an update.
Amigo Mike
Feels like a potential move coming soon.
Frankly ... I haven't sold anything yet ..... but my trading alarm bells are giving me a headache cause I am violating any normal swing trade rule by not selling to at minimum cover cost ...... =).
⏰️
Someone bidding 2.91 most of the day
Amigo Mike
I get roughly just under 2.6 million shares.
1.819 mil + ........ 200K + 266324 + 288359. No candy or fees being doled out.
Should be no surprise having not done a raise to maintain Nasdaq listing.
I'm still of the opinion they don't have the chicken results ... given the raises include purchases by insiders.
Amigo Mike
Profiteer,
My point exactly.
Cornell's purchase is noted as Jan 2nd .... and as such ... she can't buy if they know the chicken results and they haven't been released. But I'm confused.
😁
And I never said any of this action was negative in any way. Just pointing out at least as of Jan 2, they .... IMO ..... must not have the chicken results yet. I certainly think it is positive that BoD members are buying the stock. And if you TAKE OUT THE EXPECTATION OF CHICKEN RESULTS ... the company is probably close to ... or out of cash. So there is more than just chicken results here.
Hell, I publicly note my trades in ZIVO and put my money where my mouth is.
Amigo Mike
LOL Tony,
I'm confused ? Whatever you say. Guess my point just flew over your head.
Amigo Mike
Another director purchase. Also assume this to be a PP.
Cornell 41,666 shares at $1.20 on 1/2/2024
This action kinda makes me think ZIVO does not have the chicken test results yet. I wouldn't think they could buy ... if in receipt of that info .... and not publicly released.
Amigo Mike
LOL,
"technically" it would have broken the support line of the flag around 11:30AM this morning if using a 5 minute chart ..... longer timeframe could make a case that flag is still being formed.
Not totally gone but "drifting" aimlessly at the moment.
Frankly surprised not to see more selling today given the rise .... someone looking for some size at 2.75 but only 3k shares.
In search of ... the rocket ship formation ..... LOL and of course news from ZIVO ...... =)
Amigo Mike
This thing is wound up real tight at the moment and ready to POP with good news.
Now if only ..........
Amigo Mike
Yeah,
There it is. Last 10Q was 1.819 million plus the 466K I got just under 2.3 million. But I'm sure they'll keep issuing until they get a deal done ... assuming positive chicken results.
I find it interesting no mention of candy included in these sales. Unusual. Company also not paying scumbag IBs who I think are part to blame for the stock cratering last year.
C'mon chickens !!!!!!!
Amigo Mike
Welp,
Can't sneeze at a $2.75 close.
Hopefully portends very good news in the pipeline.
Amigo Mike
It is go time .... bidder back at the window ... LOL ....
Nice to see this ZIVO action. Doesn't hurt to be at 4x on a swing trade either =)
Amigo Mike
There is at least a slow slow burn slightly higher yesterday and today.
But that can change in a flash is there isn't news to back it up.
Amigo Mike
Might be a bullish flag forming on today's chart that would point higher.
Amigo Mike
LOL
Sitting tight here.
$4 today ?
Ah ....... hmmmmmm ... then you should be buying the daylights outta this.
Amigo Mike
Agree,
So far someone not shy about buying upward ...... which is highly unusual for ZIVO. Volume is no great shakes but .... any volume in like you said ...... could be some fireworks
Amigo Mike
Welp,
Frankly, I don't disagree. But ZIVO opens mouth and stock falls most of time because they cannot get it right. Ever.
So that is a big factor. If test is positive in a big way they need to articulate that information in an understandable way and provide clear information on what's next ... and WHEN. They never do and it is a major problem.
$50 .... would love to see it ! LOL .... 62 cents spread at the moment .... super thin
Amigo Mike
LOL,
Make it so !!!
Amigo Mike
LOL,
Seems to be almost all buys at the moment. Both the bid and ask are about as thin as I've ever seen ..... since OTC ... can no longer see the order books either.
Nothing short of $20 should be acceptable .... and frankly ..... much higher than that ... assuming chicken tests are good, validated .... and lead to a license.
One would "hope" that Payne has already established a licensing framework with a potential partner and doesn't have to start from scratch ... cause that could be multiple months to work that out. But ya know how this goes with ZIVO .... expect little.
Amigo Mike
You were moaning about insider buying .... now you are getting it .... and still not willing to buy. LOL. So if they bought 3 months ago .... it would have been better ? LOL ..... SMH ..... LOL ....
Things are a bit more precarious at the moment ... and yeah ... Mags knows a lot more than you.
Someone fishing for more than 10K in the 1.30s
Amigo Mike
Ya,
I see the new Form 4 .... obviously a PP at $1.30 as that volume didn't exist in the public domain.
Funny to see Form 4 before an 8K announcing it. But ZIVO Legal said Marchiando was out sick. So who knows.
And remember, we've endured 2 RS. One at the raise to move to Nasdaq ... and the most recent in October.
1-80 May 2021 and 1-6 Oct 2023. Tends to put major dent in share count. Still can't believe $13 million raise in 2021 and still ... nada. Well we do have $12k in revenue from the algae .... ROFLMAO !!
What really sucks ..... if chicken test is good and license hints are offered and it happens, this thing should rebound to beginning of 2023 prices or better (with actual license) which is about $20 split adjusted. But because ZIVO can't communicate and control message and deliver on time ..... expecting that isn't gonna happen. Plus there is a terrible raise in there as well ..... but who knows ... it's a new year .... stranger things have happened.
Amigo Mike
LOL,
Someone scooping that is not me. Little bit of size available at 1.60 at the moment.
Heard from ZIVO legal already. Marchiando out sick and they have to look into the ZIVOW warrants. Meanwhile should we get news before this is corrected I wonder how the warrants will react and be treated because they have been trading here and there.
Amigo Mike
LOL,
Happy New Year Gwinner ... that would surely be a nice start ..... based on assumed positive chicken test results. I presume there would have been a 4th qtr board meeting recently which should have discussed that. I've been having a bang up last couple weeks of December and expect spillover into January so added onto my ZIVO swing would be a nice addition.
Separately .... heard from Issuer Direct and haven't yet heard from Marchiando on the ZIVO warrants. My guess is someone forgot the publicly traded warrants. =)
Issuer Direct apparently only does the work on ZIVO common .... not the warrants. So not sure who the transfer agent is on the warrants.
Forwarded note to ZIVO legal ....=) ... who I know generally responds fairly quickly.
Amigo Mike
Plenty of ECSL available for purchase ... as is the norm ..... why isn't it being snapped up ? ECSL was supposed to be $2 last week. Surely .649 is a deal this week right ?
Amigo Mike
I did enjoy watching the coordinated MM increase in bids and 1000 share trades ..... likely just distribution of what was taken in this week at lower prices.
Anyway, ya didn't really expect anything to happen "this week" did ya ? Just wordplay games. Certainly reasons to be positive when mgmt is forthcoming with information ... whether good or bad ..... but less reason when all is hidden in the shadows. Was hoping Lawrence would fix that but alas .... obviously not.
LOL .... you do you. I'll do me. It's obvious to most what the rest is.
Anyway ... 2024 it is. Onward and hopefully .... upward ...... for ECSL investors.
Amigo Mike
Well ....
.... Is 2024 the year ZIVO has an explosive comeback ....
or ......
..... it is the year the story ends ???
Wishing all very long suffering ZIVO investors a safe, healthy and prosperous New Year !
Amigo Mike
Slojab,
It is funny to go back and read the year end quips regarding ECSL for 2022 ... 2021 .... etc ..... Absolutely hilarious. And here ECSL still is .... the deal with Lorton still hasn't been announced as closing. Especially like all the ...... you dunno nuttin' Amigo stuff .... and all is about to change ... LOL. History of Lawrence updates basically confirms I've been right all along. And here we are end of 2023 .... and ........ what does 2024 bring ?
Did I miss the bounce to $2 today ? I don't see it on the chart ..... did I miss the impressive trading this afternoon ? Don't see that either. Oh wait ... this is just a message board. That's right. Even more hilarious !!!
Welp, ECSL closing 2023 with a whimper ....... and continued silence from mgmt unfortunately.
Anyway, wishing all ECSL investors a safe, healthy and prosperous New Year !
Amigo Mike