RE:RE:RE:RE:RE:RE:RE:Ceapro % Ownership Ciao, I remember Ceapro back in the days when it was called Vexco, and at that time, they were doing the fractionation of grains and moved into oats. They made oat powder for latex gloves and moved into the pet care products as well. From there, they started down the path of the early detection of diabetes and ran into a ton of money issues. Building the Sackatwen processing plant ($20M) and losing it. (My recount of events could be a bit out of order) At that point, I believe that when Dr. Redmond left and Gillies came on board. The company was broke and had minimum revenue and had to re-invent itself. If PGX didn't come along, the company would be nothing IMO. This is where they started to focus on this single technology.
What solidified my understanding and commitment to their strategy is when the cannabis crazy happen. They didn't bite, sure if Gilles pumped up the stock like every other company in that space, and we could have seen a pop to $12 like Radient Tech, but look at them now trading at 0.10. I don't think the company pursued cannabis as it would have distracted them from their game plan. It wouldn't have gotten any farther ahead and would have to deal with the fallout and jeopardize everything. Sure, I could have made a bit of money on that run, but I believe I can make close to the same or more if things play out. What they are perusing is a lot bigger and has more market opportunities than a single market.
Anyway, those are my thoughts, and I have been wrong before, and I've been correct.