Ceapro Inc V.CZO

AEZS q1

[lscfa]

https://www.globenewswire.com/news-release/2024/05/14/2881987/0/en/Aeterna-Zentaris-Reports-First-Quarter-2024-Financial-Results.html

[Hopeforthebest]

At the rate they are burning through money they will be broke midway way through 2025. Just another example of a well run gagnon company, make a 1000 shares into 2 and drain the bank at the same time 

[Tencents]

These results are alarming in terms of the rapid use of cash with no revenue Wainwright projeted  1.1m revenue  for the quarter It was missed by miles  hwc seem to be throwing wild guesses at the probable future development without having done any real analytical work 

[prophetoffactz]

They aren't alarming to Ronnie Miller. Far from it. Ronnie has repeatedly said that he is "thrilled" by the merger. Gilles has said he's "excited". Business is forward looking and not backward looking. Unlike H.C. Wainwright's analyst Gilles is in the catbird seat at both companies being also on the Board of Directors of AEZS. WIth AEZS's clinical trial for its

[Tencents]

Also aezs management discussion confirms their expectation of significant losses for the foreseeable future   they don't see potential cash generation at this point but no doubt they will be working to find a way to work through the challenge  In the circumstances they may have a backup plan to put the portfolio in the hands of a more capital rich player  to give it a

[prophetoffactz]

"Also aezs management discussion confirms their expectation of significant losses for the foreseeable future" They aren't going to fully disclose their expectations for upfront, milestone payments, and expected royalties from a diagnostic deal that is yet to be signed where the pediatric data is still to be released. In the meantime AEZS's says: "We also believe that our