and yet, and yet...
This company, for all its well documented failures to launch, clearly has value. Algae as a nutritional supplement/feed additive is a growing market, undergoing consolidation as companies in this space make acquisitions or mergers. It seems to me inevitable that this process will inevitably happen to ZIVO as well.
The only questions are, when? and at what price? We've discussed before that it is likely to be in the range of .25-30, or maybe even higher if they show some tangible progress like a GRAS announcement. But the boatload of warrants put a ceiling on how far it could reasonably go.
As for when - well, we can all be extremely cynical about that, given the amateur hour management clown show that never seems to be held accountable to any kind of performance results.
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