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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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Post by hoffbagon May 27, 2021 5:42pm
99 Views
Post# 33283033

AGM

AGMOk presentation, more informative during the Q&A, some of these topics should have been addressed in the presentation (new plant, some business plan items).  Questions very good and on topic and should have had a page in a presentation.  Would have liked a slide of objectives for 2020 with progress.  Alot of times mgmt is afraid to remind everyone of what they committed to that year and what their result was :).  BOD should demand it.  

I get the impression they are too conservative?  Need to staff up to move through their projects.  Also need to consider this in light of succession planning and in-house capability (Proph mentioned previously that they like to bring the students in-house).   I know it might be economical to do clinical or research work in universities but this will hold back the cadence of development because lets face it, as a Ceapro mgr you lack influence (too put it bluntly, you cant fire them).   I dont know if this is a Ceapro board obstacle or a mgmt issue with spending a bit more money.  

Success ......, is just around the corner ; ) 
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