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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 > Game Changing?
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Post by boazklinghorn on Dec 15, 2023 10:12am

Game Changing?

One has to ask oneself what is a so called "game changing technology" worth? For years Gilles has been using that term to describe the PGX. Game changing. Well now we know that for Gilles, if his personal future is at risk what was once game changing can be sold . Cheap. 50% of the game changing PGX technology is being sold from under CZO shareholders who have been faithful and believed for years in the much hyped potential of the PGX. Sold for about 20 Miillon Canadian dollars. Not in cash which would be bad enough but for shares in some crapppy money losing black hole of  a pharma failure that has been such an epic wealth destroyer as to boggle the mind. So now we know what game changing tech is worth. Your shares will be swapped one for 11 and then rolled up 4 for 1. So your 100 shares of CZO will eventually be 2.25 shares of the consolidated Newco.  Gilles has touted this PGX system for 10 years and now that he has run the company onto the rocks he is willng to basically give it away and throw his shareholders under the bus to save his own asz. Ask me If I am surprised. Vote NO and lets get us a new CEO and make some damn money.
Comment by prophetoffactz on Dec 15, 2023 10:29am
boazklinhorn, "One has to ask oneself what is a so called "game changing technology" worth? For years Gilles has been using that term to describe the PGX. Game changing. Well now we know that for Gilles, if his personal future is at risk what was once game changing can be sold . Cheap. 50% of the game changing PGX technology is being sold from under CZO shareholders who have been ...more  
Comment by boazklinghorn on Dec 15, 2023 11:02am
You are right, so right as always proph. 250 milion invested 38 million left  an amazing exapmle of wealth destruction  and its burning  cash furiuosly as we speak. Vote NO to this weath incinerating merger. Lets finally get a new CEO and get this company on track. 
Comment by prophetoffactz on Dec 15, 2023 11:09am
Given AEZS's history of losses what is the value of AEZS's future tax shield alone! 1) $60 million cash, 2) a cashcow diagnositic test with clinical development complete, 3) a sizable tax shield to protect future earnings, 4) a North American and European footprint ahead of PGX deals, etc., as PGX is demonstrated at commercial scale for the first time with NATEX. 5) and so much more ...more  
Comment by boazklinghorn on Dec 15, 2023 11:10am
I say again what has always been touted by Gilles and Ronnie as game changing is about to be sold for 20 million not even in cash. Gilles is the biggest liar, cheat, con man, self dealing POS I have ever seen. 
Comment by prophetoffactz on Dec 15, 2023 11:26am
"I say again what has always been touted by Gilles and Ronnie as game changing is about to be sold for 20 million not even in cash." You think you can change the game globally with $11 million cash, a ~40 person operation in Edmonton, and a TSX-V listing. Gilles is a big, global thinker and is eyeing $60 million cash, a diagnostic cashcow, a massive tax shield, and a North American and ...more  
Comment by boazklinghorn on Dec 15, 2023 11:29am
No idiot you change the game by growing your game changing tech into a big profitable company, not running it into the ground and then trying to swiim to catch the Titanic.
Comment by boazklinghorn on Dec 15, 2023 1:22pm
To answer your question. Hell yes you can change the world with a novel technology, 40 dedicated people 11 million dollars and a great visionary CEO. Oh hell yes you can. There was a time in the late 90s when Amazon and Ceapro were both baby companies. Each had a cool idea. One of them had Jeff Bezos. 
Comment by Ciao on Dec 15, 2023 1:33pm
Absolutely. PGX is a disruptive tech which can be used to deliver bioactives. Recall these spectacular results announced in Oct. 2022 “Ceapro’s PGX-processed carriers can deliver CoQ10 into the tissues, we will advance to the next stage which includes looking for efficacy of these new chemical entities along with a partner involved in the marketing and sales of various forms of delivery systems ...more  
Comment by Tencents on Dec 15, 2023 2:03pm
One reason could be that czo executives feel they don't really have anything and this is a last ditch effort to hang in 
Comment by Ciao on Dec 15, 2023 2:17pm
No, this is the only path Gilles has to get a NASDAQ listing and it sets up the new AEZS to get financing by touting PGX. In the meanitme as the new CEO Gilles will get a major raise as the new CEO of a larger company, much more than the $980K for his director's seat. The new AEZS will once again not have shareholders interest as they have next to no share ownership either from AEZS or from ...more