Nov. 23 at 8:26 PM
$ZIVO CEO Payne has repeated the same pattern that plagued Zivo before he arrived: big promises, firm timelines, and no executed deal.
In 2022, Payne said Zivo expected a final call from a leading partner by the end of the second quarter. Nothing happened. In 2023, the company suggested that diligence was nearly complete. Still nothing. By 2024, Zivo pointed to strong data from a key 42-day poultry trial and hinted that negotiations were entering their final phase. Again, no agreement. The latest pledge was that formal talks would begin in January 2025 and wrap up soon after. As of the most recent updates, investors are still waiting.
For a CEO whose message centers on operational discipline and commercial readiness, the repeated slips raise questions about how close these deals ever were. Either the counterparties are unconvinced, or Zivo has overestimated its leverage. Both possibilities point to deeper issues.