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Welp,
No last minute buying of ZIVO today ..... and just a SWAG ...... but doubt we'll see news from ZIVO tomorrow unless it's after the close (YIKES).
Looking like another fail to deliver as previously offered.
Sadly, par for the course.
Amigo Mike
LOL,
Just 52 ? LOL .... multiples of that each week. I especially like the "follow Amigo and General" comment this week. Hilarious.
My position as you know has not changed on this deal since day 1. But we know some can't read or quote me correctly. And I also haven't implored anyone to buy or sell this stock nor made silly predictions that have been proven totally wrong time and again. I'm and others aren't lemmings and can think for ourselves. Which some don't like. Oh well. Too bad and could care less. Actually can't remember last time any ECSL bullish commentary provided any info of value ABOUT ECSL or anything for that matter. Nasdaq listing soooooooon ? ROFLMAO !!
It is past time for Lawrence and Mills to offer more details to investors. An update today would be perfect time to set the record straight.
Amigo Mike
Hi Gunner,
I sent email to Marchiando about it. My guess .... is someone along the line didn't do the warrant reverse correctly as ZIVO SEC filings say they were adjusted for the reverse and the price updated to $33.
But based on what I've heard, wouldn't shock me if Marchiando didn't respond quickly. I may send an email to the "info" email address at ZIVO that I'm pretty sure is monitored. I could stir the pot more significantly but I'll give it a minute or 2. =)
Amigo Mike
Good one Tony,
Ya forgot a few things ..... but yeah that all happened.
And $33 is not beyond the realm of possibility for a stock with 2 million shares outstanding. That is a $66 million market cap which is peanuts if coccidiosis candidate test results are positive.
But you still own the stock ..... sounds like you think there is still a chance.
Amigo Mike
And no one responded to my ZIVOW question.
I did go back and check my account as well as review ZIVO SEC filings. The last 10Q shows there are 495K ZIVOW publicly traded warrants at an exercise price of $33.00 per share ..... but there was no change to the number of warrants I owned with the RS in October. My account statement for October clearly shows the RS and corporate action for ZIVO common and the change in share count and CUSIP .... but no such adjustment for ZIVOW. Someone didn't execute something correctly on these.
Would be nice for the stock to rocket northward now so I can sell all the presplit warrants ... and then point the finger at whoever as not being my problem. =)
Anyway, sent an email to Marchiando to ask ... wassup ?
Amigo Mike
Who was buying the stock today ? Seems to have almost all been on the ask today.
Tony .... nothing to add on Payne's 30 years in animal health ? Continued active board memberships in the industry ? The man is highly regarded in the industry.
Amigo Mike
General,
The run to $2 is impressive isn't it ? LOL. Although ..... the prior prediction didn't mention ... which .... New Year. =)
Details matter.
Amigo Mike
LOL,
Ok ... whatever you say Tony .....
So ... you are saying ... right now ... today ... that Payne doesn't serve on same BoD as Chief Medical Officer of Zoetis ?
And it is no longer public info but BoD of Compassion First Animal Hospitals had BoD members from most major animal pharmas (executives) ... ya know, the one he is currently Vice Chair of after a merger. I mean ... Animal Hospitals .... they wouldn't use drugs from all the major animal pharma ... would they ? And current CFO of those hospitals also sits on ZIVO's BoD ..... but neither of them couldn't pick up the phone and talk to a major animal pharma in the blink of an eye.
Wake up Tony. ZIVO is zippo and already gone without him. That doesn't not mean that he will be successful. Just saying .... he's currently ZIVO's only and potentially ... last .... hope.
Payne is responsible. Never said he wasn't.
Amigo Mike
No news means there's someone else to blame .... haven't you been following ZIVO ??
Payne IS a golden rolodex. You just haven't done the work. He got ZIVO the Zoetis deal. He knows the C Suite people having directly worked with them over the years. You'd know that if you looked and/or asked. The evidence is out there. As is the evidence that he serves on the same BoD with executives from several animal pharmas ... you'd know that as well if you looked. And ZIVO has already stated working with major animal pharma on coccidiosis. Who ya think got that connection going ? Marchiando ? ROFLMAO.
Anyway ..... did you want him to run the tests too ? He opens the doors. It is up the the rest of the team and the product candidate to perform. He also has put his money where his mouth is.
He did make a mistake not moving to get rid of Dahl sooner .... however ..... if you recall, Payne was not chairman until later. The CFO Rice was the chairman of the board .... which was always a head scratcher for me until he stepped down and resigned. Rice did very little here, wasn't a public markets guy, schweetheart deals for himself and his wife that produced zippo and certainly not qualified as CoB for any public company. And Rice never put a dime into ZIVO.
Do a little bit of digging there Tony. I'm pretty sure I already posted a number of Payne connections available in the public domain.
Amigo Mike
Welp,
Looks like last chance to place your ZIVO bets if indeed chicken news is to be delivered by year end 2023. Nothing like dragging it out til the end.
Honestly the news will not shock me either way ...... this week ..... deliver ... don't deliver. This mgmt is never early and late excuse is always someone else's fault.
ZIVO investors surely need a rocket ship blast off on this thing. Would surely be a nice belated Christmas present. We've endured enough coal in our stockings !!
Amigo Mike
Incidentally,
Anyone else own the ZIVOW warrants .... I have some that I bought for leverage .... but it does NOT look like the RS in October resulted in a reduction in the number of warrants in my account. Just doing a year end review of accounts and was under the impression that all warrants and options were adjusted as well as part of the RS.
Given that it looks like a warrant share adjustment didn't happen on the RS .... wonder if the warrants now are still $5.50 for 1/6th of a share of ZIVO stock .... or they were supposed to be replaced 1 for 6 and a $33 strike ?
Just wondering if anyone else sees the same in their account .... or maybe I am missing something. Guess a call to transfer agent might be in order.
Amigo Mike
LOL,
When you sum it up .... yeah .... it is atrocious !
It all could change in a flash for sure. IMO, if chickens are positive .... and big pharma is interested ... I'm just saying .... $100 million is too low for the applications possible.
Also Payne is no spring chicken and there is no heir apparent that I see or know of ..... so something has to happen here in a relatively short amount of time ...... as I really don't see ZIVO moving to prove more verticals and taking another however many years to do so even though a much shorter path should be possible now. It is primed and packaged for a buyout. Just need results and the right number.
As noted previous .... I think any HEP Investments investors that have held ... I think need $48 / share now on their conversion shares resulting from the raise everyone was hosed on ... just to get their money back. And Maggiore, he's bought alot at higher prices as well. Who knows what his average cost is.
From purely selfish standpoint ... my 60 cents purchases would look very very nice at $50 and I have a few ZIVOW that would be worth roughly $17 each at $50. =) I'd take that in a flash !
Amigo Mike
Welp,
No news from ZIVO this week ..... no communications at all.
A shame really.
Ya reap what you sow. And mgmt has basically sewn up another disastrous year.
Failed chicken trial.
Launch of ZIVOLife .... but no supply and laughable sales.
Awful funding deal. Looks like decision against another bad funding deal
Loss of Nasdaq listing
Reverse split
And Stock price is down another .... what 90ish% ?
ZIVO investors have had to endure another crushing year of failure.
Awaiting results on latest chicken test. Will there be a last minute save ?
Judging from the lack of movement this past year ..... I'd also have to say Marchiando gotta go .... far overpaid .... can't raise money on decent terms and first year accountant could handle the company books ..... no value ...... as well as Harlan Miller who is supposed to handle ramp up of the algae grow process ... LOL .... apparently is the slowest in history for existing known growing process yet company claims no shortage of orders that can't be fulfilled. That means ... someone gotta go !
Amigo Mike
Mick,
ZIVO needs some ....eyes on ..... we are basically awaiting the results of a validation study supporting ZIVO's product candidate for coccidiosis in broiler chickens. It would be the first non antibiotic and first new product in the space in 60 years. And has further applications to other feed animals that would be targeted after a positive outcome from chickens.
Company has indicated results before year end ..... but of course ..... that could slip a little. Validation study was expected to end around end of November.
Amigo Mike
LOL,
Just making sure.
Payne has the golden rolodex for that .... right to the C suite at all the major animal pharmas. All he has to do it pick up the phone to get a meeting at the highest levels.
I agree that a positive chicken test .... SHOULD .... put the company is a very nice position to either be acquired or to license the product for chickens. There are so many potential targets here both pharma and neutraceutical it is ridiculous. In my book ... even $100 million buyout is not enough given the market verticals possible.
Doesn't look like anyone placing bets on ZIVO these last couple days ..... had hope to see some stealth buying and stock inching higher but stock holding stable for the time being ..... and against my norms ..... and given pending news ...... I'm still holding swing position. I had considered selling a few to cover the swing cost .... but the swing cost is no big deal to me if ZIVO fails again. The risk to reward is heavily in favor of reward should the result come in positive.
Amigo Mike
Gwinner,
What specifically are you talking about ..... what ZIVO product ?
Amigo Mike
s Gwinner,
Every product candidate more or less has basic protocols that need to be done and proven in order for big pharma to take a look. Some more than others. In this case my understanding is that potential partners required these studies along with all the prior data of course.
As far as putting a "book" together ...... John Payne is a member of the "book".
Ok thanks,
Most here have been on this for a long long time. So we've been through the wringer on this one and sentiment is poor due to mgmt's lack of execution over the years for the simple things.
But we could finally be on the cusp of very positive announcements.
Tick tock .....
Amigo Mike
I forgot to welcome you prior cheusmann.
So ... welcome ..... I'll ask what brought you to ZIVO .... are you a very long term holder or new to the name ?
Anticipation ..... LOL ..... volume diminishing to nothing so .... at minimum looks like tax loss selling could be done. But .... no one buying in "anticipation" of very positive news.
My opinion is ..... if you "believe" this validation study will yield a positive result and lead to a licensing scenario ..... it's time to own it. Risk $1.30. Reward ? Could be big numbers.
Amigo Mike
That is part of the problem Gwinner,
NO COMMUNICATION. The PR of the 42 days study sez
Just1MoreShare,
That article has nothing to do with ECSL.
International Ship and Marine Repair ... is/was .... a George Lorton company, but these properties in the article are in the Ybor City area of the port.
ECSL parcels and companies to be acquired are not those mentioned in the article. I have prior posted all of the parcel info and which Lorton company owns each. And the "ECSL" proposed properties are an entirely different area of the port.
Amigo Mike
Gwinner,
In lieu of the failure to ramp algae production .... which IMO ... makes zero sense ..... seemingly all eggs in Alimenta basket which I dont get at least in the short term ..... I'd say chickens is "everything" at this point in time. So I tend to agree with ya on that.
Mgmt has flat out stated they have algae orders they can't fill yet ... seemingly does nothing about it when contract growers can be brought on board .... doesn't have to be forever contract but until Alimenta gets it in gear, they need to cut the BS and get something done. I'm sure it might be at higher production cost but zero revenues .... is FREAKING ZERO.
The silence is still a major problem for me.
But I placed my 60-62 cents bets and will see what happens. Not the position I'd normally swing with on ZIVO but have some tickets to the show.
Ya seen the nice AG1 commercials ? Others taking over the space.
Amigo Mike
General,
There is no legit aftermarket in stinky pinky land.
Yeah, signing closing docs that doesn't actually result in a closed deal is laughable. This borders on the absurd.
Amigo Mike
LOL,
No news today ... not even a shareholder update. SHOCKING isn't it ?
After hours maybe ?? LOL
Amigo Mike
Well,
Of course. The chicken test is independent and not run by ZIVO for sure. Everyone should expect that for unbiased results.
Amigo Mike
Well,
1 thing I am sure of ...... 100% .... Maggiore believes in the algae and its health benefits. So really not a surprise to see him supporting the company still. And ... not really concerned about no news because he bought. Frankly the purchase was at ~40% HIGHER than the market price on that date (if it really happened on that date) which is totally unheard of. So if positive chicken news hits, his purchase looks like inside info but it was at a HUGE PREMIUM to market ... and ZIVO has no control over market activity .... AND ... he can't sell anyway .... should the stock rocket northward. Plus simple to show any regulator the company needed money.
HEP Investments ..... I think .... maybe .... might have a cost basis around $48 for shares that they potentially still own .... converted from debt when the Nasdaq uplist and raise occurred. I'd have to go back and look but not important to me at this time ..... but it's up there if they held all this time.
The PreMaggiore HEP Investments (Laith Yaldoo) has Dahl in there as a condition of their investment at the start. Huge mistake. A Yaldoo has no industry expertise either. So many many mistakes have been made in the oversight of this company.
Anyway ... maybe it all works out and maybe it doesn't. Let's see them chicken results ...... it is TIME.
Amigo Mike
Not necessarily true on the no news ..... but I suppose Tony will be happy. They damn sure should not be holding chicken news til January.
That 8k sez transaction date is 12/13 ..... ie. yesterday. As far as I know, the stock was never $1 yesterday .... nor were 45K shares traded. So the filing is BS.
I suspect the unregistered sale is more sales to HEP Investments people who are likely so far underwater they have to do it. Maggiore is/was a member of the HEP Investments "group" of investors. So I'm inclined to agree with you that this purchase is probably the Dec 5th sale at $1.
LOL .... two reverse splits does tend to damage the share count ..... 179K now is roughly 9% of company.
Amigo Mike
Well of course the lights are on .... but IMO ... almost all ZIVO staff are part timers.
What's Marchiando gotta do on a daily basis that takes 8 hours ?
The science ..... there's no lab where the PH'd go to work on things .... but I assume they still have the Ft Myers rental for a "lab" for Dr Belicka to go to ... who knows what they are doing because they don't communicate. I suppose what's his face Dr Harlan Miller goes there too. But other than that I don't think the science staff is full time cause there are surely no innovations and internal testing development happening.
Amigo Mike
Except for the daily chart ..... all shorter term chart timeframes down to 5 minutes have bullish crosses for the MAs I use to swing trade (among other indicators as well). The timing for the daily is still a couple days away but barring a sell off .... will signal a bullish cross as well. All nicely aligned to potential news from ZIVO. You can see the coiling I'm talking about ... but that of course can change in an instant. You will also not the main selling happened by Dec 1 .... could be sign of tax selling ... and potential buying back in come January. But who knows. That's up to individuals. I'm sure ZIVO has burned just about everyone that has bought the stock.
Of course when ZIVO opens mouth, stock usually tanks .... that has been a long standing joke ... because most PRs give no timelines, no accountability. More or less just states what already happened with no view forward or a very vague view forward.
IMO ... it would also be wise for Payne to post year end letter to shareholders .... what's on deck, what happening now on all fronts including summary of the decisions of last couple months (for Tony), what the expectations are looking ahead ... AND WHEN. Tough timing with chicken tests result pending ..... but I'd like to see chicken results posted with a look ahead (assuming positive) and then a shareholder letter shortly thereafter discussing all.
ZIVO needs to cut the silence BS and engage .... this is not difficult to do.
Amigo Mike
Looks to me like ZIVO coiling for another launch northward. Of course someone needs a reason to buy.
I wanted to buy more in the 60 cents range but I guess I cannot complain thus far.
Amigo Mike
The funny thing is ......
...... there are just over 2 million shares outstanding now .... and the float is probably around 1 million.
If Chicken test results are positive this go round ....... and an announcement of license with major animal pharma comes in behind that ..... this thing could easily run to over $20. Should actually run higher than that ..... but attach any major animial pharma name to a license here ...... and certainly could blast off.
Frankly that should get ALOT of attention .... a brand new ... NON antibiotic treatment ..... for chickens .... with added benefits ..... then ...... bovine mastitis ...... little piggies ...... and still don't know why glucosamine hasn't been challenged or sports recovery ...simple tests ..... hell I still think this would work against COVID and overall immune response.
But 2 million shares out now and selling for just above $1 ..... could be multiple bag winner for buys at these prices. The company and it's long sufffering investors need a win !
Amigo Mike
Take what to the bank ?
Dunno what was offered as that's been awarded iggy status long long time ago. I'm sure nothing offered .... nothing to take .... which amounts to the sum total of the bullish content from the ECSL mafia.
It is a shame that Lawrence cannot articulate to investors update after update what the hold up is. And IR is laughable. I'm not sure why Robertson is being paid. I'm sure he's a regular seller of shares as well since that's his comp from ECSL. But he offers zippo except a shield to mgmt that "actual shareholders" are paying for .... tossing shares into the wind for no ROI.
Time for mgmt to "close it" or be frank with "actual shareholders" on what the problem is closing this deal. I understand there are other components to the deal. I've stated that was the case since day 1 and the only way this deal happens. So need to cease with the games and let "actual shareholders" know where things stand.
Amigo Mike
Wow,
Was too busy today. Didn't see the action. Wow I would have swung out above $1.50. Guess seller backed off the under $1.00 offers.
Fun times. Just like old times.
Amigo Mike
LOL,
I think the tired old song and dance ... "deal closed" .... "this week" has finally worn thin on "actual shareholders".
Ah .... who here has ever said they DON'T want the Lorton deal to close ? N O B O D Y. But there are "actual shareholders" who don't turn a blind eye to BS when they see it and/or there is no evidence to support claims made. Pretty simple. It isn't being negative, it is being realistic. Who here would not love to see $5 , $10 or even $20 on this stock ? All silly commentary because some "actual shareholders" don't drink koolaid and given the company history ...... nobody should be drinking koolaid.
It is why best to take Mark Twain approach. I see Mark Twain went bye bye. LOL.
Anyway I hope the Lorton deal closes ..... "this week" ... finally .... but Lawrence has offered nothing.
Amigo Mike
Yes,
Interesting 8K after hours.
And is Marchiando sooooooo busy counting the nonexistent revenue from ZIVOLife sales that he can't get an 8K out til the last possible minute ???
Significant event ..... to sell stock at $1 .... and of course has to be dilutive ..... technically almost 10% of the company.
According to last 10Q >>>>> There were 1,819,523 shares of common stock, $0.001 par value, outstanding at November 9, 2023.
This sale is more than 10% of the company at that share count ..... but totals 2.019.523 which magically is just less than 10% which would trigger insider Form 4 to be filed .... less than 10% assuming the investor didn't prior own any shares ...... but would be a 13(G) or (D) depending on whether they expect to influence over mgmt that I don't think needs to be filed immediately.
Sale isn't registered which also means can't be sold any time soon although the games can be played by those with the means to do it. Investor must be confident. Also not sold through clownshow IB that rips off companies and investors. No fees ... all money to company.
As always, shrouded in mystery and company shareholders last to know.
So, $350K raised in last couple weeks. Very interesting that investor would pay $1 for the shares when the price was materially not close to that high.
Someone still selling stock below $1 eh ?
Amigo Mike
Wow Slojab,
Did you really say that ???
LOL ..... and yeah yeah ..... tongue firmly planted in cheek. Sad really. Not much more than word play in thousands of worthless quips. More or useless although I do sense a change in tone.
Amigo Mike
Oh well,
1st .... welcome to the board Ohio Lake Girl. Given your screen name I might "infer" a few things about you and that you are not new to ZIVO. I see you Ihub name is shiny name just recently.
2nd ... stop that. I wanted a few more cheapies. =) But happy to see the stock at just under $1 for the moment. Run it to $2 please .... before announcement of coccidiosis results ..... and then by all means .... $10+ at least.
If you don't mind, how long have you been an investor in ZIVO and of course what brought you to the name ?? If you do mind .... no worries.
Amigo Mike
Yeah I get it,
Believe me .... I get it. If chicken test is good, the money will come ... I've no doubt. Its all riding on that test IMO. The market cap here is priced for disappearing. Problem is mgmt still not given market any reason to buy it. No way the market cap should be this low unless of course ...... it is on last ray of hope.
I am in for lunch money ... and far less than I'd normally swing with as well. I was able to buy some small lots between ..605 and .626. Someone putting a lid on it at .95 right now which frankly I think is stupid for the moment. But if bought at .50-.60 range .... I get it.
Amigo Mike
No one owning up to it eh ? LOL
.91x.94 ..... not counting chickens yet but up 50% roughly so far.
Amigo Mike
Ok,
Which one of you is not letting me scoop in some cheapies ??
Amigo Mike