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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 PBaelishhon Sep 22, 2023 4:02pm
65 Views
Post# 35649975

RE:RE:RE:RE:RE:RE:RE:re: ' Thank me later' ?.......I HAVE BEEN F***** SCREAMING

RE:RE:RE:RE:RE:RE:RE:re: ' Thank me later' ?.......I HAVE BEEN F***** SCREAMINGAhhhh the peace and quiet of blocking Proph; you are a patient one Boaz!

Ceapro has run out of time:
(1) Collapsed revenues with no end in sight = revenue hole (my guess is the former big users have found alternate suppliers / ingredients so the base business revenue is NEVER coming back)
(2) Stacking quarters of losses = cash burning
(3) Nothing to fill the revenue hole, aka impaired (negative) cash flow until...??
(4) Studies are irrelevant... Ceapro is going to run out of cash before anything meaningful would come of them and nobody will be interested in funding it through the drought ESPECIALLY with Gilles Gagnon as CEO
(5) Even if the studies showed promise in 6 months, promise is not a product and therefore promise will not generate revenue
(6) Gagnon will keep focusing on HIS product - meaningless, rambling press releases

I'm calling it, the end of the road is in sight... even if a real CEO who was a superstar showed up today... this tanker can't be turned in time.

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