This is what he said in the Q3 results:
2013 Industry, Financial and Operational Highlights to Date:
Revenue for the first nine months of 2013 totaled $2.1 million.
In a recent document, the European Union Environmental Commission stated that they are in support of an amendment to this legislation, which is scheduled to go into effect in November and member states will have two years to comply.
Cereplast has estimated annual revenue potential from Italy alone to exceed $50 million.
For the past 18 months, the Company has worked closely with over 70 companies in Italy that have completed multiple successful tests with various grades of their blown film resins.
In India, Cereplast recently received a $1.4 million purchase order, which will ship over the next 10 months.
Additionally, Cereplast received five purchase orders in India totaling $450,000 for blown film resins which will be delivered throughout the remainder of 2013.
In the United States, regional and federal laws are supporting growth of the bioplastics industry as seen by movements in San Francisco, Portland and New York City.
Cereplast has valued the bioplastic industry in the United States today to be $180 million and expects to begin generating meaningful revenue in 2014.
Cereplast is actively pursuing 30 projects in North America with potential value of $10 million per year.
Cereplast recently launched reVive™ bioplastic resins, the first bioplastics to combine recycled polymers with biobased resins for improved sustainability, reducing the carbon footprint of this type of bioplastic by adding the environmental benefits of recycled plastic.
Now if you look at the bold statements I highlighted, you can see that they are getting Revs for Q4. From calculation estimate about 640k for Q4 just from India.
I strongly believe CERP will not cease operations, they just were closed for machine maintenance, we do that at our company as well every summer, 2 week shutdown.
I personally think, the wait is over and now its time that Scheer will give us the tsunami of orders before the R/S.
I think he wants to run the PPS high before the R/S, announcing contracts and revs, Q4 deff beat Q3 or even all quarters.
Excited to know what kind of contract MamaCangura has in store for CERP.
I think MamaCangura is huge, since its not bags, or bottles we are talking about, but we are talking about Child Carriers , alot more resins are required to make this products. MamaCangura is a huge firm and Scheer Said in August to one of the Interviewers that MamaCangura can bring back total of 50 employees like they had in 2011.
We have to understand here is CERP market is building rapidly and its matter of time CERP picks up contracts back to back and its about to happen, or it has happen that is why Cerp is really quiet.
I thin the production of the child carriers are in development since , on Mamacangura website it says Available in NOrth America by spring of 2014.
I really think this is a huge contract for them and they will announce this contract soon. It could be this coming week, but yes a contract is coming.
This 100+ day silence has to be for a reason. Scheer just did not sit in his chair, he is a hard working guy and he wants CERP to come up , as so we all do. He said he will continue no matter what to make CERP a successful story for many.
He did say in October of 2013 on Money TV. That shareholder will becoming very happy , when cereplast announces meaningful revenue exceeding shareholders expectation and he said that is what management is working towards. He did say stock PPS will not just go up like that, but it will when the time comes.
We have alot of questions, regarding North America contract, ITaly contracts, India Contracts, French ( the whole Europe).
He kept on saying about 2014 that CERP will start generating Rev of 1 million per month and will become cash flow positive in 2014 and it will be a great year for CERP.
Why would he say that, he has something in hand that we public dont know and this is the time I think we will hear it.
yes i do sound like a pumper, but i have been cerp for long, and yes i did buy and sell, but always accumulated shares for a major run that will take place soon.
Company is great and the products they have are amazing. One product they have is Alage, Alageplast is what buzzed my mind, i think filing a patent on Alage, was the best thing CERP has done. Big companies will want to get in to this, but CERP has the patent and that's when CERP will compete with big companies.
Their portfolio is amazing and this PPS does suck we all know that, but the smart ones add and hold, yeah its a penny stock so many want to get gains fast in a day or two or even a week, but many dont have patience to wait. The longs will be rewarded soon.
Many Believe Scheer is a liar , scam, or whatever, but its not his fault that many legislation takes time. The time legislation go in full effect, cerp will not be trading lower than penny, it will run with high intensity, PPS will sky rocket and many longs will be happy.
Bio-plastics is the step that humanity needs to take and its better for our environment. Sooner or later maybe all companies will require compo stable/Biodegradable products to maintain a healthy environment. CERP has planted the Seed and that Seed will grow.
GLTU and GLT all the longs. Lets see what happens.
GO CErP
