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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 > Well said Ciao
View:
Post by fossi_2002 on Feb 16, 2024 9:46am

Well said Ciao

Ciao, you are absolutely right with your analysis.

That Gilles is not ashamed to propose this exchange to Ceapro's shareholders.

I really wonder what kind of conscience such a manager must have.

The fact that Ronnie also comments on this positively with a "thrilled" is outrageous.

I have the feeling that the shareholders have fallen victim to the robbers.

Comment by Ciao on Feb 16, 2024 10:13am
Let's consider what if this was a non-arms length deal? Would CZO shareholders be appalled given that this would be a sellout of all that CZO has done with PGX at below liquidation value. With phase 1/2a results due in Sept to which Gilles says if positive we would partner with biopharma (I sure hope he didn't mean AEZS, but that wouldn't surprise me now). To merge with a high risk ...more  
Comment by Stinzo on Feb 16, 2024 11:12am
there is no way this merger happens, any shareholder with their right mind would vote against the merger. unfortunately we have to wait another month before our minds are at piece. 
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