+ Watch CERP
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I am buying green stocks mostly alternative energy penny stocks at year low beaten down by market and performing well on earnings at or above estimates.
Financially over-extended and over-diluted. Will suffer from rising competition from the likes of Dupont.
the future of the plastic is bio..? why not..
Bio degradable plastic bags, they will be everywhere.
An early start, patents, green tech.
This whole new plastic idea is going to catch on eventually.
The future of bags, biodegradeable, everyone will be using them in the next 5 years
Cereplast just announced the opening of an office in Germany. And they just secured $5mm for capital improvements to meet growing demand. It appears to be on the move. May take awhile along with higher oil prices.
During the first nine months of 2010 sales revenue was about 2.45 milion by the middle of 2012 it is forcasted that sales will be touching 80-100 million. During this current quarter sales will triple.Legislature stemming from Europe will greatly enhance the future revenue of Cereplast. The bio resin industry will expand rapidly as focus enhances on green technology.This focus starts in Europe, but has already begun in areas of California,and the US will soon be following Europes lead toward bioplastics. Other countries will follow, and the green focus will his Asia as well. It will not be long before the updated factory is running at capacity, which is the reason why a new factory is Europe is in planning stages.This one will be a nice ride, but be patient
I like what they are doing
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