ZIVO and it's investors been burned by these financings. They've gone the way of the middle finger salute to IBs and hedgies for the last 18 months. Not sure that I see that changing right now.
On top of it .... don't know how much they are engaged with Michigan and the Feds .... if they think they'll get awarded grants next month .... I'd preferably take those.... and LOL .... if there's a pharma deal involving money at or near completion ..... I'd let the warrants expire.
Of course repricing also shows weakness/desperation to an extent ..... and would likely drop the stock too. But JMHO .....
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