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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 Ciaoon Nov 23, 2023 9:26am
144 Views
Post# 35749828

Failure to be engaged

Failure to be engagedMr. Gagnon’s residence is listed as Sherbrooke, Quebec (where he owns his pharma consulting business, Prodev Pharma) whereas CEAPRO’s operations are in Alberta. How can he effectively manage the company’s operations without residing in Alberta is questionable and given the lack of progress in building the company’s base business, or monetizing PGX to any commercial deal? Is he working 40 hours a week and if so, results over the past 10 years is more than underwheliming.

For an annual salary of $500K plus you could get a CEO who is much more capable who would be more engaged with boots on the ground.
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