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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 > Merger info: no packages sent out, nothing on SEDAR
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Post by Ciao on Feb 11, 2024 3:49pm

Merger info: no packages sent out, nothing on SEDAR

There are no merger documents uploaded into SEDAR.com and this would further support that the merger may be postponed or cancelled. Given that there has been no news from the company and we are 16 days away from the meeting date, it as usual shows how well the valued shareholders are being treated.
Comment by Ciao on Feb 11, 2024 4:41pm
Also no info on merger deposited on SEDAR for AEZS either.
Comment by Ciao on Feb 14, 2024 12:34pm
Would the company purposely NOT send out the info circular and proxy material so we cannot VOTE on February 27th? Today I sent an email to Stacey Prefontaine (CFO, Corporate Contact for CEAPRO) asking why shareholders have not received the info circular / proxy materials to allow us to vote in 2 weeks on Feb. 27th.
Comment by lscfa on Feb 14, 2024 12:45pm
Sent email inquiry a few days ago. No damn reply yet.
Comment by prophetoffactz on Feb 14, 2024 1:07pm
Sounds like they didn't want to provide you selective disclosure that may have tipped you off. Something appears to have affected the plan and we will all find out at the same time. 
Comment by Tencents on Feb 14, 2024 1:59pm
The merger announcement stated the info circular would be available on or around 31 january so let's see when it comes otherwise discussions can be non ending in the meantime 
Comment by Ciao on Feb 14, 2024 7:40pm
I just need my proxy so I can vote NO. Based on the track record of management destruction at both companies and my knowledge of Gilles failures (both at AEZS and CZO), and essentially the takeover of CEAPRO at below liquidation value there's nothing in the package to convince me otherwise. Don't kid yourself, they can't even send out the proxy and info circular in a timely manner.
Comment by prophetoffactz on Feb 14, 2024 8:04pm
Ciao, "and essentially the takeover of CEAPRO at below liquidation value" Ciao still hasn't figured out that CZO shareholders get 50% of the shares of the new company. The value of the new company is confidential. Gilles knows the AEZS diagnostic deals that have been discussed and PGX deals that have been discussed. Gilles is in the catbird seat at both companies. The plan, near ...more  
Comment by PBaelishh on Feb 14, 2024 11:54pm
Right?!!!! So given that, what is the likelihood of any new product before all of the money is burnt?
Comment by prophetoffactz on Feb 15, 2024 7:36am
- New powder formulations of both of CZO's active ingredients are about to be launched with German giant Symrise allowing access to new markets. - The malted avenanthramide technology reached commercial scale last year allowing the production of four plants to now be produced in a single plant. This will allow access to the neutraceutical market for the first time. - CZO has talked about ...more  
Comment by lscfa on Feb 14, 2024 7:42pm
Co. must mail out voting materials 21 days minimum before a meeting. CZO meeting must be delayed or cancelled.
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