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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 > Gilles destroyer of shareholders
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Post by boazklinghorn on Dec 19, 2023 12:04pm

Gilles destroyer of shareholders

It is no wonder that no analyst or instituion has any interest in anything Gilles touches. Over the last 20 years while enriching himself Gilles has laid waste to tens of millions of shareholders dollars.
No rational human would invest a nickel with this guy. 
Damn, looking in the mirror is hard sometimes. 
I am going to write an investing book just with the lessons I've learned from CZO
Effing Ronnie and his BS about "our valued shareholders"  To whom we refuse to talk. He is just as bad. 
Can we please take these idiots down?
Comment by Ciao on Dec 19, 2023 12:16pm
When you bring your AEZS track record as the CEO and try to sell yourself with CEAPRO you have a lot of explaining to do. We know why Gilles avoided talking to analysts and fund managers. Working remote from home, he did as little as he could, going through the motions while collecting an obscene salary of $500K. No doubt he will replicate the model with the new AEZS if the gets his way.
Comment by Ciao on Dec 19, 2023 1:03pm
Does anyone believe AEZS could issue more shares to raise funds for their pipeline given their track record? More recently, shares were issued in Feb. 19, 2021 at $1.45. Shares were trading for $37 USD taking into acount the 1 for 25 share rollback. On July 22, 2022 they went for the share consolidation and shares were $4.83. That's a 94% shrinkage in the share price. Since that consolidation ...more  
Comment by prophetoffactz on Dec 19, 2023 1:12pm
"Does anyone believe AEZS could issue more shares to raise funds for their pipeline given their track record?" It's night and Ciao thinks it will always be dark. The sun comes out in the morning and he's wrong again. We've been in the worst biotech market on record. Many preclinical assets have been trading below cash. That's the potential opportunity as bull markets ...more  
Comment by boazklinghorn on Dec 19, 2023 1:53pm
Blah Blah Blah here idiot shareholders buy some more of my magic beans.. For the last sevearl years Gilles has been babbling about how we had sufficient funds to develope the pipeline and now suddenly that isnt the case anymore. Every thing that fat french phuque says is a lie. The truth is right in front of everyone 20 years of shareholder wealth destruction while making bank for himself. That is ...more  
Comment by prophetoffactz on Dec 19, 2023 2:13pm
"For the last sevearl years Gilles has been babbling about how we had sufficient funds to develope the pipeline and now suddenly that isnt the case anymore." There is sufficient funds to develop the pipeline through the next key milestones. He wanted $40 million for a PGX-YBG immune booster plant and you know it. There was never enough for that. The biotech market window closed due to ...more  
Comment by boazklinghorn on Dec 19, 2023 2:41pm
One thing I do know is that despite this avalanche of BS Gilles has never bet on himself. He wants you to do it dear shareholder. But he wants his money/your money up front in his pocket and regardless of the outcome. He has never bought a share of Ceapro with his own money. Why is that. As the Proph is so fond of saying Gilles knows more than you do. Well now you know what he knows he has never ...more  
Comment by prophetoffactz on Dec 19, 2023 3:18pm
"One thing I do know is that despite this avalanche of BS Gilles has never bet on himself." Gilles's never sold a single share in over a decade. How many President's and CEO's can make that statement? His holdings have only grown over time. He's dedicated the most important years of his professional career to this company. Over one decade. His vision has been consistent ...more  
Comment by boazklinghorn on Dec 19, 2023 3:19pm
TLDR
Comment by prophetoffactz on Dec 19, 2023 3:22pm
That means everyone should read it twice so here it is again... "One thing I do know is that despite this avalanche of BS Gilles has never bet on himself." Gilles's never sold a single share in over a decade. How many President's and CEO's can make that statement? His holdings have only grown over time. He's dedicated the most important years of his professional career ...more  
Comment by boazklinghorn on Dec 19, 2023 3:22pm
Proph I tell you what any point you want to make I will beat you down on. Of course he hasnt sold, they were FREE shares. How bad does it look if not only dont you buy shares you sell the free shares too. Even Gilles isnt that stupid. 
Comment by prophetoffactz on Dec 19, 2023 3:33pm
"Proph I tell you what any point you want to make I will beat you down on. Of course he hasnt sold, they were FREE shares. How bad does it look if not only dont you buy shares you sell the free shares too. Even Gilles isnt that stupid." They were not all 'free shares'. He bought some in the market. With his blood and sweat over a decade, after becoming President and CEO at $.095 ...more  
Comment by Ciao on Dec 19, 2023 3:42pm
All gas lighting.  At the end of the day look at shareholder value destruction while GIlles was at AEZS as the CEO and later as a board member. Look at what Gilles did at CEAPRO, he has the valuation at less than breakup value when ex-cash, the company sells for 1X sales with ZERO value for PGX dispite all the R&D put into it and very promising results with PGX CoQ10 loaded carriers ...more  
Comment by Mofonomo on Dec 19, 2023 3:57pm
Gilles isn't after the shares nor does he care for them. The racket is his oversized salary. $500K + Shares for a Company that used to make $15M in revenues is insane. I know companies with 10x the revenues where the CEO makes 1/2 of what Gilles makes.
Comment by prophetoffactz on Dec 19, 2023 4:17pm
"$500K + Shares for a Company that used to make $15M in revenues is insane." CZO didn't attract Ronnie Miller because this is a $15 million company. Dr. Ask, Dr. Kolb, Dr. Hoare, Dr. Li of the Angiogenesis Foundation, and the Canadian government have their eyes on something other than a $15 million revenue company. The $15 million revenue base buisness was mean to support a multi ...more  
Comment by PBaelishh on Dec 19, 2023 5:43pm
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