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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

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Comment by billy4325on Mar 23, 2019 5:20pm
71 Views
Post# 29527558

RE:March 31, 2019

RE:March 31, 2019Trial was supposed to start 2016, new plant transition supposed to be done Q1 2017 (trial planned to start before the new plant).  Both are extremely late.  Sorry to burst your bubble but the is not some master plan to greatly delay both projects because management is into numerology.

digitel wrote: If I was running a clinical trial I would want to use the product that I would be going to market with. That is, I would want to use beta glucan from a fully certified plant and PGX beta glucan from a large-scale production run. Is it any coincidence that the clinical trial start date is one day after March 31, 2019? 

"In order to comply with current customer risk mitigation requirements and to further assess the potential of large-scale production of PGX dried beta glucan, we expect to keep operational two manufacturing sites until at least March 31, 2019."
Read more at https://stockhouse.com/news/press-releases/2018/11/19/ceapro-inc-announces-completion-of-successful-audits-by-major-customers#ewV5PPWFA7vb4FWD.99


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