Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > cash into 2025?
View:
Post by fossi_2002 on Jan 09, 2024 11:33am

cash into 2025?

AEZS Juli 13, 2023

"Based on our current projections, we believe the Company has the ability to meet its currently anticipated cash needs into 2025."

So if AEZS runs out of money in 2025, where will the money for PGX come from?
The only way is through a capital increase.

Comment by Tencents on Jan 09, 2024 11:42am
Or diagnostic or pgx upfront or something' But management has to indicate what plans are in place
Comment by Ciao on Jan 09, 2024 12:05pm
As they already stated, if the merger goes through, they will consolidate shares of the new company on the basis of 1 for 3 (or 4) to assure NASDAQ eligibility for min. share price requirements. So the 15M shares of the new company would become say 4 - 5 M shares.  Then they could raised $50M by offering 10M shares at say $5/share. That's another 100% dilution. The last share offering of ...more  
Comment by prophetoffactz on Jan 09, 2024 12:42pm
 
Comment by lscfa on Jan 09, 2024 2:36pm
I wish these damn drug development co.s were forced to do PEAs like the resource industry to disclose the expected capex needed for phases 1,2,3 trials and marketing costs when commercialized.
Comment by prophetoffactz on Jan 09, 2024 2:49pm
H.C. Wainwright has a US$15 price target for AEZS likely supported by a discounted cashflow analysis. The merged company should support more analysts. A NASDAQ listing and a US$100 million market cap should attract a whole new level of interest. Research Capital and Bloom Burton were used for the merger. With pediatric approval for the diagnostic, and 100L PGX scale-up and commercial licensing ...more  
Comment by tigerpro on Jan 11, 2024 9:52pm
There is no way they can do capital increase in the future.  Nobody believes them anymore. The management team has lost their credit.     After merge,  bankruptcy after 2025 is the only possible result for the new company.   Without merge, CZO's CEO will lose his job after this year's annual shareholder meeting. He knows this very well.  After ...more  
Comment by tigerpro on Jan 11, 2024 9:57pm
The merge will be harmful for both companies' shareholders.  The merge is only good for the executive managers of both companies(they can keep their jobs, nobody can easily vote them out in the annual shareholder meeting).  The best method for shareholders:    Vote No first, then For CZO,   change CEO during this year's annul shareholder meeting; For ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities