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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 > Descision 2024
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Post by boazklinghorn on Feb 15, 2024 9:04pm

Descision 2024

Well here it is, the man who has stolen all your money for the last 10 years while enriching himself needs your vote so that he can continue ignoring you. The man who hasnt taken a question from a shareholder not filtered through the ever present Jenene in all the time I have followed this company, Gilles needs his "valued" shareholders to write his last golden ticket with their own money. This time it will be forever, Gilles will never again need you for anything. He is old and inches from that gorgeous retirement in la belle province. 5 or 6 more years to milk down the rest of the shareholder money that he hasn't yet taken for himself with a little split for Ronnie and badda bing he is out, the newco is dead, and all your money is gone. Boom.

This is a man with a verifiable track record of shareholder destruction a mile wide and 2 decades long. He has been spinning a web of lies every one of those years. We have this new thing and that new product, a game changing formula just over the next horizon, just one more study by the God damn Montreal Heart Inst. For 12 years he has used that BS to remain CEO and get paid every month and not one single time did any of it actually happen. Not one. Gilles and his idiot proxy are running that same tired game now.  Anyone who is stupid enough to fall for his schtick for the umpteenth time deserves everything they will undoubtedly get. 

Oh and Oats old buddy your big stake will get wittled down to a rump of 6 or 7 percent post merger and suddenly your calls will go unanswered and the rest of your multimillion dollar investment will be vapour. You have been played dude and this is checkmate. This is the last time anyone will care what you do.

I have a few shares left. I took my medicine and moved on but the shares I do have I would set on fire before I would give them away to these thieves. 
There is no business case for this deal except that Gilles wants to get his hands on the money and he wants it done before he has to show you the books for Q4. He has spent millions on this deal while ignoring the running of Ceapro. Revenue has crashed and Gilles and the board are burning your money to cover thier tracks with this sham merger. Q4 will be a disaster and cap a terrible year and nobody will know about it until its too late.

A union of 2 dying companies, both killed by the same man. A merger that will only enrich the guy who did the killing. Honestly you cant make this stuff up. Don't let Gilles bend you over one last time. Look at your brokerage account and rememeber all the lies and broken promises, the missed deadlines, the lack of new products and the complete and utter lack of accountability. We have been ignored and more, we have been totally disrespected as owners of this company.

Don't reward the worst CEO I have ever personally seen with more of your shareholder money. 
Vote No save Ceapro 
BK out forever
Comment by tigerpro on Feb 16, 2024 1:09pm
Agree.  Vote No and remove the bad CEO, this is the only method to save Ceapro.  
Comment by lscfa on Feb 17, 2024 11:27am
Vote HELL No!
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