I think your assertion is true. So far the stock is generally holding around the $8 level save a couple sells here and there. Someone still buying it back to $8 .... thus far. Given the tightly held nature of the stock I think that is a good sign that Payne is still working a pharma deal. Externally no reason for an outsider to buy it. No news. No info.
So we wait on the other shoe to drop. And like you ... I'm watching for clues as to the stock movement. The way these low floaters are popping off these days ..... a pharma deal from ZIVO could send this northward big time on release. Of course I would expect ZIVO to botch or blunt the release of that info as they always do ... if it happens of course. Remember that this is a novel approach for animal pharma. No change in this space for 6 decades. So a deal as we see not happening overnight. Encouraged by recent Maggiore buy and the stock generally maintianing level .........leads me to think things are still being worked given it's timing and the action.
Looking at a daily chart, if $7 becomes heavy..barring the unexpected...ZIVO appears to be starting its 'typical' slow death bleed into end of year as ALL VOLUME from 1/22/24 forward will be underwater.
Think 'they' know it too?? Check out that bid stack...lol. Granted, it's a puny number of 'shown' shares (no way to know if size is hidden unless those bids are hit)...but nevertheless...it's not a coincidence the stack is at this level.
PS- ALWAYS GTSM positioning themselves to be the first mm listed on both sides. Peculiar, indeed.