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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 27, 2023 4:01pm
60 Views
Post# 35657830

RE:RE:RE:Talking to Proph

RE:RE:RE:Talking to ProphSadly by the next AGM there will be no cash left as it will be pretty much the end of the second quarter... is that 6 or 7 straight quarters of losses at that point?

To reiterate, the buyers of the base business' product have found alternatives so that revenue is NEVER coming back and so we wait to see what the contracted minimums are.  Gagnon is not terribly smart - don't kid yourself, he knows he is always the smartest person in the room! - daft, he touts the minimum order volumes but revenues keep going down, down, down.  To live in his world must be amazing... the igonrant are ignorant of their ignorance.

...and the studies, that generate NO REVENUE and mean that IF positive results come, revenue is 2~3 years FROM the positive results.

Wait...

Do you smell that?

Burning money.

It's the end of the line folks.
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