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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 Minty_33on Jan 17, 2024 10:36pm
109 Views
Post# 35832756

Try not to imagine....

Try not to imagine....That your investment in Ceapro is going to zero. Imagine if Ronnie, Gilles and the rest of the clan would actually put more skin in the game instead of collecting hefty salaries and options.
Gilles repeatedly said that the base business is solid and therefore the business is de-risked. Fast forward to the last two quarters and....oops. Sorry we were wrong. The base business is in peril and shaky at best with one major customer that could pull the plug anytime. Not a very good business model. And Juvente? What the heck are they doing or did / have done? NOTHING
The whole deal with AEZS smells like cow dung and I believe Gilles is just trying to hold on to making his paycheck at the expense of shareholders. DISGUSTING

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