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.

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Ceapro Inc > Is it ok?

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Comment by tigerproon Jan 19, 2024 4:09am

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Post# 35835326

RE:Is it ok?

AEZS is lossing around $16M every year. In addition, it has around $10M -17M employee pension plan obiligation (the number is depeded on discounted rate - interest rate. when interest lower, the obiligation will be higher).

Another important issue, it is very hard to fire employees for a German company (AEZS' core business is in Germany), so its management team and employees will continue collecting salaries until AEZS goes bankrupt.

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