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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

Comment by prophetoffactzon Jun 22, 2023 4:47pm
65 Views
Post# 35510016

RE:RE:RE:RE:RE:RE:RE:AVN trial delays

RE:RE:RE:RE:RE:RE:RE:AVN trial delays"I have already mentionned that he decided to delay all new development because he knows he does not have the cash to move them all forward"

The facility for PGX scale-up has been budgeted already. It's only about $5-$6 million and CZO has over $12 million cash plus cashlow. CZO has more than enough cash. The site license with the University of Alberta has been signed. The equipment is ready to be moved from Europe as he noted during the AGM. The construction of the facility is expected to be completed by the end of the year. The newly hired VP of Technical Operations has identified potential time and cost savings it was noted.   
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