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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 Hopeforthebeston Dec 03, 2023 4:16pm
179 Views
Post# 35766053

Just a couple points of Clarification

Just a couple points of ClarificationFirst of all proph, a market cap of $20mm is F all it is nothing absolutely nothing a drop in the bucket.

Secondly, the reduction is profits (none), reduction in available money on hand and loss of sales has nothing to do with re-organization it has everything to due with total incompentence of gagnon and upper management, mainly a CRO who has been part of reduced sales since hired, Ronnie who has gone into hiding since hired and refuses to answer any questions. In addition, we has a CEO who is totally incompentent as a businessman (over production and massive amount of unsellable product on hand) no expansion of customer base (1 primary customer who is now a major competitor), no diversity in products (1 skew product line, 1 customer). patents expiring and of course has never made a deadline he has promised.
In 1 year the stock has cratered by almost 300%, sales by 200%. That is not re-organization and if you/gagnon belive the company is doomed.  
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