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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 > Working hard or hardly working, the remote work model
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Post by Ciao on Dec 30, 2023 8:20pm

Working hard or hardly working, the remote work model

Where would you find AEZS management if you wanted to contact them?

From their listed contact page;

Where would you find AEZS management if you wanted to contact them?
in the US; the location is the South Carolina Research Authority
in Canada: it's a law firm
in Germany: it looks like an office in a non-descript building in Frankfurt

This likely explains the whole culture: management is likely working remotely, trying to re-purpose a drug and outsourcing of R&D, while enjoying a great compensation package: this explains the decades of shareholder destruction with the issuing of paper, share rollbacks (most recent 25 for 1 in 2022), and 96% share price devaluation in 3 years (after raising funds in 2021) --- I don't think CEAPRO shareholders want or need any part of this.

The lack of insider ownership at AEZS speaks volumes.
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