Hong Yuan Holding Group (HGYN)

[Skyline2012]

Good Morning ALL, CONFERENCE CALL POSITIVES:

I couldn't post anything yesterday bec my limit of 15 post got maxed out lol. but yeah here are the updates and very good ones.

Cereplast Reports 2012 Year End Financial Results:

Cereplast received several purchase orders from existing clients in India. Management is encouraged by the progress made in India and anticipates their investments in this new market will translate into additional purchase orders and future revenue growth in 2013.

In the United States, Cereplast received several orders for compostable resins that will be used for food service applications. Multiple large food chains have started to embrace the use of compostable material for food service ware items including straws, cups and cutlery, for which Cereplast's resins are in demand. Cereplast has fulfilled these orders and all payments have been received.


Now from Conference Call:


*we are more pleased with revenues during the first quarter of 2013 which exceeded all of our 2012

*This year Cereplast can be in 50 million REV because of the decree in Italy sanction plastic in the food industry

*No Reverse split as of now

*2 Clients from India already ordered, payment received

*7 ppl sales team is in place

*Big banks such as JPM took part in the conference call

*Seattle, Portland, and San Fransisco are few placing orders and orders are received


conclusion: CERP is making REV + bringing more customers + creating newer products based on other renewable sources such as Algae, getting a lot more attention by big companies now

Go CERP