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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

Post by Ciaoon Feb 01, 2024 5:33pm
128 Views
Post# 35858211

Congrats ... a potential Mickey Mouse deal

Congrats ... a potential Mickey Mouse dealIt's takes a special kind of CEO not to sign an initial commerical deal for PGX to show proof of concept. That small success could have created momentum and led to a whole new path for CEAPRO. But he adamantly stated he didn't want a Mickey Mouse deal.  (As an aside, can you imagine sitting next to Gilles to negotiate a deal?). Now fast forward about 4 years.

As a pinnacle for his career Gilles will now go back home to a company where he was the CEO and led shareholder value destruction and ask that us valued shareholders allow him to create a Mickey Mouse of a merger deal. How pathetic.

Let's keep in mind his previous M&A success with Juventee, where he won't even publish revenues and where he kept a GM likely at over $150K plus / year doing next to nothing. 

Lets find a capable CEO who can lead CEAPRO. There are assets to be monetized and $10M or so cash to do it. VOTE NO to the merger, VOTE NO to Gilles' performance at CEAPRO and AEZS.




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