Ceapro updated July 8, 2023

The report on Ceapro Inc. is updated and rated Speculative Buy at $0.44. 

This company has been a disappointing investment to date. But it does have a strong balance sheet and is trading down very near its book value. It generates cash and profit from its “base business” even after expensing its research efforts. It claims to have a number of promising developmental areas that may be close to commercialization if it can do a licencing deal. It has other research efforts hat are longer term. So far none of these research efforts have panned out but there is definitely potential This is a Speculative penny stock and is suitable for only a smaller investment.

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