Overall I am inclined to agree that anything under $4 "should" be a good price based on the assumption ZIVO actually reaches commercial stage sometime soon.
But the fact is ... Dahl is long on talk and short on delivery. 10 years worth. ZIVO stock is at more or less all time lows. And for good reason.
Need to see next qtrly to see what cash burn looks like and extrapolate time to run out of money. Like I said, Dahl should be spending like a drunken sailor to get to the finish line but how many PRs have their been announcing ZIVO progress towards commercialization ? NONE. Been 5 months since raise. No problem spending the money as long as there is progress reported and an end in sight that generates revenues. Not license payments but regular commercial revenues.
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