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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 Ciaoon Feb 06, 2024 11:07am
138 Views
Post# 35865287

RE:The paid advertisement for the merger has fizzled out

RE:The paid advertisement for the merger has fizzled out
fossi_2002 wrote:
After AEZS was pushed up from $1.40/5 to $2.50, the price quickly returned to $1.70.

The paid advertisement for the merger of Proph... has fizzled out. The price is on its way to retest the previous low of $1.40/5.
No one on this board has any faith in Proph, Gilles and Ronnie anymore!


https://de.advfn.com/borse/NASDAQ/AEZS/chart/streaming



Effectively, given that the proposed takeover of CEAPRO was with paper instead of real money, the takeover proposal for the valuation of CEAPRO has effectivley dropped about 33%. Shareholders are getting less now than first proposed in Dec. That alone is another reason to say NO to this sham merger. The drop in AEZS's share price shows the true enthusiasm for this sham merger and how worthless the paper is. Let me  guess that as the voting day approaches the share price may artificially inflate.
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