other material
confidence high
sentiment neutral
materiality 0.80
Zivo Bioscience to voluntarily deregister, cease SEC reporting; CFO and director resign
Zivo Bioscience, Inc.
- CFO William Sullivan resigns effective March 30, 2026; board member Alison Cornell resigns immediately as part of cost-cutting measures.
- Company expects to file Form 15 on March 30, 2026 to suspend SEC reporting obligations and delist from OTC markets.
- CEO letter states anticipated revenue from AgTech distribution partner in coming months, targeting first-time positive cash flow.
- Board compensation eliminated; CEO continues to invest personal capital; alignment with shareholders emphasized.
- University of Georgia granted funds to study Zivo's product for Avian Influenza using company's algal immune-modulating technology.