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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 > Congrats ... a potential Mickey Mouse deal
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Post by Ciao on Feb 01, 2024 5:33pm

Congrats ... a potential Mickey Mouse deal

It's takes a special kind of CEO not to sign an initial commerical deal for PGX to show proof of concept. That small success could have created momentum and led to a whole new path for CEAPRO. But he adamantly stated he didn't want a Mickey Mouse deal.  (As an aside, can you imagine sitting next to Gilles to negotiate a deal?). Now fast forward about 4 years.

As a pinnacle for his career Gilles will now go back home to a company where he was the CEO and led shareholder value destruction and ask that us valued shareholders allow him to create a Mickey Mouse of a merger deal. How pathetic.

Let's keep in mind his previous M&A success with Juventee, where he won't even publish revenues and where he kept a GM likely at over $150K plus / year doing next to nothing. 

Lets find a capable CEO who can lead CEAPRO. There are assets to be monetized and $10M or so cash to do it. VOTE NO to the merger, VOTE NO to Gilles' performance at CEAPRO and AEZS.
Comment by prophetoffactz on Feb 01, 2024 5:58pm
"It's takes a special kind of CEO not to sign an initial commerical deal for PGX to show proof of concept." Ciao is the submissive beta male who doesn't believe he can be a success any other way than to sell out in a Mickey Mouse deal based on a 10L pilot scale plant and sit back and collect a tiny royalty.  It takes an alpha male to create a profitable base business to ...more  
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