Ceapro Inc V.CZO

Chemicals Specialty Chemicals

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.

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Ceapro Inc

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Comment by EbbFlow88on Nov 13, 2019 9:50am

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Post# 30344519

RE:RE:Financials are out for Q3

What I've noticed off the bat is other expenses are down significantly as the quality management system is completed and the plant costs are now moved to COGS as they are capitalized. Expenses are down in both R&D and G&A but those will likely increase again in Q4. LTD is now officially at $0 and sales in China grew over 6X. Once again we are cash flow positive for the Q.

Overall, that's pretty solid.

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