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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 > approval of at least 66-2/3 per cent of the votes
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Post by fossi_2002 on Jan 08, 2024 12:20pm

approval of at least 66-2/3 per cent of the votes

We will see a close vote on the merger!!!

At the last AGM, Gilles got an approval at 66.63% and 33.37% voted against him.

For the merger Gilles needs
 66 2/3% votes in favor.

If he doesn't manage that, he's history - and so is Proph...
Comment by prophetoffactz on Jan 08, 2024 12:52pm
Fossi hyped CZO's step-wise development plan for PGX  as a "MUST" and "in the right framework" less than nine months ago. For fossi it was the most promising development point as fossi promoted a potential tripling of sales towards 2026. Now the 5X scale-up is set to be commisisoned in Q1 and Natex is working on the 10X scale-up with 50% of the equipment and ...more  
Comment by Everestbaker on Jan 08, 2024 7:36pm
I'm curious how AEZS shareholders would vote as well. As for us at CZO, Gagnon got saved by Oats last time and let's see if that will be enough time around IF they still decide to support him. Regardless, I hope Oats and his group looks at all the recent developments and changes which exposes the utter lack of strategy and execution (Gagnon's paid pumper here is still using COVID as an ...more  
Comment by Ciao on Jan 09, 2024 8:38am
It's been another year of significant failures for Gilles and now he wants to sell out the company for less than liquidation value to a company he was the CEO of for over 10 years and recently rejoined as a board member for a  $980K seat in 2020. In those tenures the share price of AEZS has fallen about 95 % and 96% respectively. After rejoining AEZS , a 1 for 25 share rollback occurred ...more  
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