Fat Cash
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That Is correct. and we will see .05 very soon .
.036 will be blown away before PR
They are...just be patient...
Italian Plastic Bag Application Decree Published and Enforcement Begins May 27, 2013Font size: A | A | A8:00 AM ET 4/3/13 | GlobeNewswire
Cereplast, Inc. (OTCQB:CERP) (the "Company"), a leading manufacturer of proprietary biobased, compostable and sustainable bioplastics, is pleased to announce that the Italian plastic bag Application Decree has been published in the Official Journal, and sanctions for non-compliance with the legislation will be enforced effective May 27, 2013. Management estimates, based on certain provisions, that Cereplast's total addressable opportunity today for Italy alone exceeds $50 million.
Cereplast estimates that the total addressable market for compostable blown film grades in Italy exceeds $500 million. Currently there are 4 legitimate competitors who produce compostable blown film that are predominantly based in Europe, each varying in size from approximately $5 to $120 million in revenue. Based on current competition, current production capacity, a full production staff and sufficient working capital, the estimated market opportunity for Cereplast exceeds $50 million. Manufacturing capacity at the Company's Seymour, Indiana plant is currently 3000 tons/month. Based on current market pricing of $4,500/ton, this plant is capable of producing in excess of $10 million per month at full capacity. The Cereplast Compostables(R) blown film resins have a competitive advantage because they can be processed on traditional equipment without requiring modifications, and they do not emit problematic fumes.
Merchants must discontinue the use of traditional single-use plastic bags in favor of bioplastic bags or other alternatives. The law prohibits the use of OXO Biodegradable additives and requires Italian merchants to only use compostable applications as defined by EN 13432 that Cereplast resins comply with. The fines for non-compliance range between EUR2,500 and EUR25,000 and may be increased for large quantities of bags. This plastic bag ban is the first step by the Italian government to make Italy plastic-free.
Italian Minister of the Environment Corrado Clini stated, "This measure normalizes the uncertainties that have hindered the development of the production chain, promotes green chemistry and puts Italy in line with the EU."
Cereplast Chairman and CEO Mr. Frederic Scheer commented, "Many of our customers have been placing orders in preparation for this moment. We have tested our products with approximately 50 blown film converters in Italy, and now that the Application Decree has been published, we expect larger volume sales to follow in the wake of this news. We are excited about this key milestone and look forward to further serving the Italian marketplace with our proprietary bioplastic resins."
Time to move this up
Hi guys. I have a chance to load more shares in the last 3 days and we are all In. I will be posting more news about the company as we go. I agree his will be very good trade for all of us.
Shorts will be burned we will go back to 70s
we go up big time !
correct $PWEI Is ready for a big bounce up
NEW YORK (CNNMoney) -- The U.S. government said it will stop issuing permits for new nuclear power plants and license extensions for existing facilities until it resolves issues around storing radioactive waste.
http://money.cnn.com/2012/08/09/news/economy/nuclear-plants-waste/index.htm?iid=HP_LN&hpt=hp_t3
FXEN Is a winner
yes buys after the close 963390 shares @ 0.77
Nice now we will go up and up..
Lets see
Sorry guys I just got back from Hospital, had an car crash
Yes I'm here from today , did some trades on $HEMP and I'm up big time up plus $FXEN aded for long yesterday
I'm back on this board and On from Now ...crushed my car and legs... $GGR will be back . I have some dow to Invest dont worry
again Is good to be here :)
I'm holding - Is up to you. To be Honest no ones know !
I think we should spike at least to 12-14c level on some news
Company holds at least 23C/share In assets so may be Interesting
I know well there Is a lot of Insider selling
http://www.nasdaq.com/symbol/ggr/sec-filings
I'm bullish
I think this stock will fly
0.30 looks goot to me short cover on the way...still many shortsellers they will be whipped out
Pedro now you know who Is not BS good luck, see you at 12 cents
I will my friend good luck
so let me ask you why you here ? If there Is no value for you ?
What's the reason ?
I will not, I know Is a good play and on the way up...Is up to you what U do with your money...good luck
will gap UP over 7 c plus . just wait cover on the way
NSDQ BID 102K at 7 cents !
will stay green for the next 4 days 12 cents and over shortly
Shorts will cover also !!!
on the way....
Buy If you can we will see 20 cent soon...Strong Buy go $GGR
short correct
I have a put for 290 weekly and 285 looks like we go lower PUT PUT PUT or short from here
CMG will close below 280 this week mark it ... I dont think we have a chance at this volume to move up. 290 and 285 PUT for expiration Jan 4th.
Pedro be ready this will explode shortly ad more cheap shares If you can, we will see 12 cent very soon and over go $GGR
20 cents Pedro you call It !!!
No rush for me rally Is on the way...just this time a BIG ONE my friend
I'm not . Is up to you
cover Is on the way also
$GGR this Is just a brginning of the long term Investing In my opinion and will be a very profitable Investment.
Ok so now we have to wait and I'm positive on the news looking for 20 cent 18 cent level....yes 200% from here. I belive they will find a Investor very soon. 23 cents In assets $GGR Is ready to move up. Getting more shares at this level;
Thanks for pointing and responding to my post , you dont have to read It If you dont like my comments my friend, so HWY you are here on this board If you think there Is nothing atractive about this stock ?. Well I dont have a time to give you a long speach, not today. Have a good one.
real storm.. going to teens very soon !!!!
We will have a pop today ! going up
$1 will be nice go $GGR
$1 sounds good to me ..... go $GGR