Ceapro Inc V.CZO

Votes

[fossi_2002]

If Oats carefully considers the merger of AEZS and CZO and at least abstains or does not participate in the vote, we have a good chance that the merger in this form will not get the necessary votes.

[prophetoffactz]

Ronnie Miller, Chairman of Ceapro. “After careful consideration, we believe this transaction is the best way forward for Ceapro and our valued shareholders.”

[Ciao]

Why would he want to abstain? It's clear that given the track record of shareholder value destruction at AEZS under Gilles as CEO and as a board member, and even without him is a disaster: by selling CZO at a below liquidation valuation, he needs to vote no to this merger. It's about time that Gilles gets knocked out for his years of stringing us and OATS group of devoted shareholders to

[prophetoffactz]

"Gilles has essentially given up on CEAPRO by selling it for next to nothing" H.C. Wainwright had a US$15 target on AEZS which is about ~C$100 million in market cap. That value is likely substantially driven by the diagnostic test. As a merger of equals, with shareholders of each company controlling 50% of the new company, CZO can be thereby seen as being valued similarly. Gilles

[Tencents]

Who will be board chairman of new company 

[prophetoffactz]

There should be an information package shortly with more details and the new name... "A new name for the combined company will be announced in the coming weeks..."