Ceapro Inc V.CZO

Chemicals Specialty Chemicals

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

Ceapro Inc > plenty of cash?

<< Previous

Bullboard Posts

Next >>

Post by fossi_2002on Dec 14, 2023 9:24am

179 Views

Post# 35784121

plenty of cash?

Ciao,

Aeterna's shareholders will be paid extra for the 38 million cash!

I doubt whether we will be able to pay the development costs of PGX. In the first 9 months alone, Aeterna suffered a loss of around 11 million. If you include a further 3.5 million loss for the 4th quarter, the year-end balance is 35 million cash. In 2024 at least another 15 mill. loss plus the loss from Ceapro - so the money is running out fast.
In an initial reaction, Aeterna rose to 3$ on the NASDAQ and is now trading at 2.15$ with a MINUS.

<< Previous

Bullboard Posts

Next >>

Cross border trading in Canada and Australia