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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 prophetoffactzon Dec 18, 2023 12:22pm
82 Views
Post# 35790005

RE:RE:RE:RE:RE:RE:If I could run 5X faster than the competition...

RE:RE:RE:RE:RE:RE:If I could run 5X faster than the competition...
lscfa wrote: Vote no to the merger. If it goes ahead, vote Gagnon off the board next AGM.


How much money will CZO have left if this merger fails by the end of the first quarter 2024? Gilles said CZO had $10 million cash in the October presentation. Q4 looks like a significant loss with the ramp-up of the avenanthramide clinical trial, simultaneous PGX scale-up of the 5X and 10X plants, and the costs incurred for this merger. There could be a $500,000 breakup fee for the merger. There was no indication CZO's major client had ordered for Q1 2024 suggesting another significant loss; especially with the avenanthramide trial and simultaneous work on the 5X and 10X scale-up. How much money left after Q1 2024.  
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