Ceapro Inc V.CZO

Ceapro % Ownership

[oats]

Further to my post yesterday regarding "who knows Ceapro best", I think it would be very good to know what % of the company is owned by Ceapro Stockhouse posters.  

Once the numbers are in, I will be happy to relay this information to the company.  No obligation here but since this is really the only place of discussion, I think this group should be acknowledged by the company as being very knowledgeable and very relevant.  We can see where it goes.

[jrsloan60]

just about 200000 which is about 1/4 of 1 %

[Stinzo]

droping from 200k  looking tor reduce stake at 100k by end of year. 

[oats]

All, The purpose for gathering the Ceapro % ownership of re posters on this board is for information purposes only, there is no intention to start to make any demands on the company.  There is no reason to do so. The question with regards to the lack of communication will definitely be brought up and the reasoning behind it.   The % ownership that posts on this board is very

[westcoast1000]

My family owns .002 of the total shares.

[EbbFlow88]

I had 200,000 shares and now at 120,000. I cut down mainly to diversify more in my TFSA and would/will acquire more if another great opportunity arises. In the meantime I will sit with my 120,000 shares.

[User2020]

I currently have 1M+ shares and been waiting for a long time.

[Ciao]

Why haven't you voiced your opinion about the company before.  You've been sitting on a sizeable holding (more shares than 4 of the insiders) and just joined SH today. How long have you been patiently waiting?

[User2020]

Hey Ciao,  I've been around before the days of Dr. Redmond and seen the company trading at .01 and at 2.28. In the past, I had older usernames, but I let them lapped mainly due to forgetting the passwords.    Regarding voicing my option, I don't have much to add to the re-occurring themes: The company comms are lacking. I can contribute this to Gilles not being a

[Ciao]

Welcome to the forum. Well said and spot on. This is the general sentiment here on all your points. This appears to be a transformative year with the purchase of commercial PGX equipment. At the end of the day this is truly a disruptive technology for the delivery of bioactives. Hoping for a deal before the end of the year as a precursor for what will come in 2021.

[User2020]

Cheers Ciao, and  I forgot to add Digioffacts is a little enthusiastic, and I remember posts from Oats in the early 2000s if my memory doesn't fail me.  Plus, I appreciate all the discussion on the forum.

[Ciao]

Hi User 2020, I do recall Ceapro from 1990's ? when it traded on the Alberta Stock Exchange.  Didn't they produce some sort of cereal food ingredient or granola bar and or diabetic diagnostic test? The company has definitely reinvented itself. I came across it again in 2014 while scanning earnings reports. Sometimes you revisit a company. I could tell you about how I stumbled on

[User2020]

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

[Everestbaker]

Let's all gather around the fire and regale ourselves with stories from our past ...:) Joking aside, thank you both for the background information - I haven't been in CZO as long as some of you in here so the additional color is much appreciated. Just curious how long each of you think we can wait for a major news? I'm curious about how we're approaching it differently or in a

[westcoast1000]

In reply to Everest's question: I would think "we" (the company and shareholders) can wait an awfully long time, because we have a successful base business that pays for all our R and D with no dilution. That provides a lot of basis for patience.

[Ciao]

just to add Westcoast's reply, here is how the cash position has looked over the past few quarters with the most recent (ending Sept. 30) on the left, so we are comfortable to wait for news end cash position $M 6118.40 4267.32 2254.99 1857.20 2595.80 COVID has delayed some R&D expenses and with YTD rev up 35%, the cash position

[Everestbaker]

Thanks Ciao and Coast. I expect similar outcomes as Ciao has laid out so let's see how it actually plays out. Great point on the increasing cash in hand as that could be missed by people just looking at the ticker. All I ask is for a double digit share price, is that too much? :)

[westcoast1000]

A double digit share price would start at a 770 mil market cap. If any one of the several market opportunities we are looking at (aside from Juvente) really works, we could expect at least that market cap. If the covid inhalation treatment works and gets approved and helps people, that is worth a goodly multiple on a 770 mil market cap. 

[prophetoffacts]

This post has been removed in accordance with Community Policy

[jrsloan60]

When have a inked deal with a bigger company. We will get some notice. I had that with my BlackBerry shares. I have been patiently waiting. Good CEOs can find the opportunities of years of R&D. Without giving it away. Jc could have sold off BlackBerry in parts, but that is easy money. The real skill is getting all out of years of R&D.

[Ciao]

That is why Gilles said he didn't want a "Mickey Mouse" deal, esp. when he was in discussions with large multinational companies.

[westcoast1000]

"CZO could sell Juvente to a partner with the marketing clout and receive a royalty and be a supplier of PGX complexes." Yes, that is true. I will be happy if we can realize that dream, but we hear and learn next to nothing about Juvente as far as I can see. I hope I am wrong.  

[prophetoffacts]

This post has been removed in accordance with Community Policy

[Ciao]

User2020, For longer term shareholders, one can definitely appreciate the work that Gilles has done.  Essentially saved the company likely from bankruptcy and turned it around. Financial stability as a result of the base business has allowed it to "snatch" a disruptive technology and now PGX is on the cusp of commercialization.  As you noted,Gilles did not promote PGX for the