Bullboard - Stock Discussion Forum 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... see more

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TSXV:CZO - Post Discussion

Ceapro Inc > 2023

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Post by Alex1726 on Dec 30, 2022 5:01pm

2023

CZO will finish 2023 with much less cash compares to the end of 2022 and with a high probability of no new commercial developement on the horizon.

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Comment by Alex1726 on Dec 30, 2022 5:09pm

I would not be surprised to hear about a new financing in the coming weeks. Units at $0.50 with warrants that could be execised for the next 5 years at $0.65

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Comment by Alex1726 on Dec 30, 2022 5:15pm

And guess what , RBC will be part of the syndicate.

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Comment by Ciao on Jan 02, 2023 12:52pm

Why would they need to raise cash as they already have $13M on hand? And why would a syndicate, including RBC want to partake in a company like CZO given that the naysayers have been saying that no analysts, serious investors would want to invest in this company?

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Ceapro Inc