I would honestly expect they are at or near out of cash by now. So not really surprising to me ..... and signals another middle finger salute to the IBs of the world. They are truly scumbags. And the buy is only $50,000 ... they surely need more than that.
Anyway I posted previous there are 250K Armistice warrants at $16.80 that expire July 5th. That's $4.2 million if exercised but of course that should only happen if the stock is above $16.80. I'd be surprised if the stock got past that price before then in the absence of news. Also wonder if it could factor into the "timing" of news.
Regardless .... insiders can't buy in front of pending news. So the other side of the coin is ... I wouldn't expect news now with the Yaldoo purchase. So I like the purchase but feels to me like we will still see nothing from ZIVO at least for now. Not good enough in my book and a big reason I would rather see the company sold at this point.
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