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Ceapro Inc V.CZO

Ceapro Inc. is a Canada-based biotechnology company. The Company is involved in the development of extraction technology and the application of this technology to the production of extracts and active ingredients from oats and other renewable plant resources. Its primary business activities relate to the development and commercialization of natural products for personal care, cosmetic, human, and animal health industries using technology, natural, renewable resources, and developing products, technologies, and delivery systems. The Company's products include a commercial line of natural active ingredients, including beta glucan, avenanthramides (colloidal oat extract), oat powder, oat oil, oat peptides, and lupin peptides, a commercial line of natural anti-aging skincare products, utilizing active ingredients, including beta glucan and avenanthramides and veterinary therapeutic products, including an oat shampoo, an ear cleanser, and a dermal complex/conditioner.


TSXV:CZO - Post by User

Bullboard Posts
Comment by billy4325on May 18, 2019 12:26pm
45 Views
Post# 29758278

RE:RE:Vicario

RE:RE:VicarioJust a reminder what "solid" means to management in this growth-stage company.

From the 2016 MD&A: 
"We expect our base business in cosmeceuticals to remain very solid over the next 12 months".
Actual result was decrease in sales of 5.5%.

From the 2017 MD&A: 
"Ceapro has all the key ingredients in place for success and is poised for another solid year in 2018".
Actual result was decrease in sales of 10.3% (despite their record Q4).

So yes, I'm sure they will have another "solid" year.  And this is why they desparately need to actually get even a single PGX deal.
Bullboard Posts