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Bullboard - Stock Discussion Forum 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... see more

TSXV:CZO - Post Discussion

Ceapro Inc > Proph, What is the job of a Revenue Officer?
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Post by Hopeforthebest on Nov 29, 2023 5:53pm

Proph, What is the job of a Revenue Officer?

Just curious, it has been well over a year since gagnon has opened the purse string and hired several high priced people to give Ceapro the shot in the arm to go to the next level. Unfortunately we as shareholders thought that level would have the intent to move things upward not downward. Well I guess we must have missed read gagnon's/proph's releases because the stock price has crashed by almost 300% in 1 year, revenue down by almost 200%
I guess the most obvious question prohp is to ask gagnon what exactly is the job of Revenue Officier is? and when does someone hold that person accountable?
Comment by prophetoffactz on Nov 29, 2023 7:52pm
"what exactly is the job of Revenue Officier is?" The CRO defined a 5 year strategic plan that has been presented in presentations. Priorities have been set for a record capital budget of $7 million or so. CZO has a number of new products being developed such as the preservative free, dry powder beta glucan and avenanthramide. The powder was incorporated into the recent Symrise deal ...more  
Comment by Hopeforthebest on Nov 30, 2023 5:34pm
Proph,aka gagnon that is not a business plan not even a plan. It is something that has been stated year after year with no results or definite plan to succeed. It is like a moron chasing all the shiny objects in the field never getting one but wasting energy (in this case money) trying. Your feed back further reinforces that you,aka gagnon and his merry group of robbers have no plan and absolutely ...more  
Comment by Ciao on Nov 30, 2023 6:11pm
Here's a good article indicating that the average tenure for a CRO is a mere 19 months...that time is almost up... https://sbigrowth.com/insights/a-cros-first-100-days-to-drive-revenue-growth I will toss out a theory that declining revenues were known and on the horizon, so that was the reason for a CRO (the renewed contract with min. annual volumes), there was a sense of urgency,  ...more  
Comment by PBaelishh on Nov 30, 2023 7:04pm
Thing is, as you know, hiring a CRO does not equate to hiring a magician who comes with a hat that they can pull revenue out of... as - I think it was Boaz who said way back - there are no 'levers' for the CRO to pull to generate new revenue. Broken record I know but, Gilles Gagnon has created no new products in his 12+ year tenure.  Moreover, all of his stupid experiments lead to ...more  
Comment by Hopeforthebest on Dec 01, 2023 11:12am
Thing is, as you know, hiring a CRO does not equate to hiring a magician who comes with a hat that they can pull revenue out of... as - I think it was Boaz who said way back - there are no 'levers' for the CRO to pull to generate new revenue. We all know that gagnon is a micro manager and definitely does not have any business sense and very little scientific capabilities. If what you say ...more  
Comment by prophetoffactz on Dec 01, 2023 11:58am
"Thing is, as you know, hiring a CRO does not equate to hiring a magician who comes with a hat that they can pull revenue out of... as - I think it was Boaz who said way back - there are no 'levers' for the CRO to pull to generate new revenue."   Gilles gave her a magic hat. How many times can one list all of the opportunity in development, before key milestones, and the ...more