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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

Comment by prophetoffactzon Dec 18, 2023 3:25pm
59 Views
Post# 35790427

RE:RE:RE:RE:RE:RE:RE:RE:If I could run 5X faster than the competition...

RE:RE:RE:RE:RE:RE:RE:RE:If I could run 5X faster than the competition...

"I'll be voting NO on the merger and later in the AGM as well."
 

Show us the expected cash at the end of Q1 and the best way forward given the costs of the avenanthramide clinical trial, the simultaneous 5X/10X PGX scale-up and need to support a potential PGX partnership, the need for money for the fibrosis trial, and for a wound healing partnership. Where is the money coming from for a $40 million PGX-YBG plant for an immune booster if that is a priority? Ronnie Miller says that after careful consideration this merger is the best way forward. Bloom Burton provided a fairness opinion. Gilles is an insider at CZO and AEZS and is posiitoned better than anyone. What information do you have that this isn't the best way forward as stated by Ronnie Miller who was President and CEO of Roche Canada? Where are you going to get $50 million cash, the potential diagnostic cash cow, the tax loss carryforwards, and the other assets. Do you want to try a $40 million finanicng with warrants?  


“We are thrilled with this exciting transaction to merge with Aeterna and combine two complementary companies and teams, in support of our plan to drive significant growth,” said Ronnie Miller, Chairman of Ceapro. “After careful consideration, we believe this transaction is the best way forward for Ceapro and our valued shareholders.” news release

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