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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 Jan 31, 2024 11:30am
88 Views
Post# 35854985

RE:RE: The Path

RE:RE: The Pathfossi, "My God, do you really believe what you're writing?

PROPH..  CZO's major client undergoing reoganization

J&J has transferred the cosmetic care to Kenvue.
Why should our business suffer as a result?
If only for a short time and not over several quarters"

It appears that fossi believes CZO has lost its major customer.

With Gilles saying CZO had $10 million cash in October and the ramping up of clinical trial costs for the avenanthramide pill, the costs associated with the merger, and the simultaneous ramping up on PGX to 50L and 100L plus the costs of the study with the Angiogenesis Foundation and potentially for the fibrosis toxicology study(Gilles said a 6 month study required) how much cash does fossi believe will be left if the merger is rejected next month? CZO also said it had designed an animal trial for the immune booster. 
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