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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 Stinzoon May 25, 2023 10:17am
95 Views
Post# 35463601

that cold hard truth

that cold hard truthjust a few weeks ago i had posted how gloomy the situation looked. now it looks even worse. 

i can understand that everyone has a different writing style then again there must be a reason why the release is written in such a way. No indications of future improvements, no indications of current quarter, no indication of how near the calalyst are ... which would in turn make you think that if its not written such, then it must be that they have nothing to say... what i mean is that, based on this press release, i would assume that even Q2 will not be great, and that the conversations their having are also in early stages. 

I dont understand why they cant put 1-2M for share purchase buyback
how will the AGM voting go? seems like only a very small percentage of shareholders (20-25%) vote. So will Gilles have less then 50% and would such a vote even mean much? 

does not look good for the short-medium term... i am afraid we will need to wait until mid 2024 for any hopes of a turnaround. 

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