I was good until they changed me.
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Make sure you are making the right decision. A decision can cost you hundred thousands of dollars. Just saying.
India and Italy have huge market values. US ban plastic bags and use paper as substitute. In order to market cereplast products would cost a lot of money in US which they don't have. But Italy and India alone would give them about $70 million annually opportunity when the transition is complete but it will take about a year or so. But hey the world changes everyday so who knows that they won't sale or will. I just know that the company have great products have a lot potential in growth. All of this info is based on my researches on changes in improving environment acts taking around the world.
5 employees because not much sales in the US but huge contracts in Italy and India.
They'll have PR next week for sure.
US is totally getting rid of plastic bags and using paper as substitute. It doesn't make sense at all.
If they shipped at least 10 containers totaled during q2, the rev will be about $1.1 million.
Guessing Q2 rev is gonna be around 500k to about 700k. Still it's better than last years and showing improvements.
I'm thinking rev for q2 is around a million. I don't think it's going to more though but who knows. When the last PR came out the hasn't ended yet so they might still be calculating the rev. We'll have something be end of mid Or by end of July.
Next two PRs will make it or break it. When they announced $1 million in sales for the first quarter it was two weeks after first quarter ended. So by July 2nd or 9th we will have some kind of idea for the q2 rev.
I put most of my college funds into Cereplast. The dilution has to end really.
CEO doesn't care. He's old and doesn't have anything to loose even if Cereplast goes bankrupt.
Next weeks new should be pretty decent.
It's dropping like a rock.
Why sell at lost knowing it'll go up someday? It don't make since. I'm loosing $5,000 right now if I sell but I know in the long run this company will do fine I'm pretty sure.
The Ceo needs to do something before he damage his own name.
No sale person can make a big difference positively or negatively. Sounds like you never own a business before.
Cereplast could be like NYSE: KS. $1.10 in 2009 and now $39 after 4 years. It'll be wonderful if it does.
Just recognize the improvement the company is making. People just ask too much sometimes. There's no short cut to any success in life.
Looking forward go $.30 :P
They're taking a class action on their lending for breaking an loan agreement/ illegally watering down the price per share from $.22 to $.02. When they win that in court it's millions of dollars they're getting back for the lost. I don't know how long the whole process is going to take but it is a good new and its been a little bit over a month since they file a lawsuit.
I need some Cereplast love .. Lol.
This stock is depressing looking at everyday. I'm just gonna pay attention and just let it be lol.
Nobody here knows what they're talking about. Just follow your instinct. It's a risky road.
Can close at $.02 today. May be $.019.
Hopefully they sell enough to pass $1 dollar from April to end of June so that way shareholders can see that it is improving.
I don't get it with Cereplast. Why would they release PR about the orders and not the sales amount? The company seems to want the price per share down to the bottom.
I don't think anyone exactly knows whats happening with the company it could be good or bad we can't be 100 percent sure but I it's always good to think positive.
No trades for 18 mins.
I love everybody on this board because you guys treat this company like its your own and that's how real investors suppose to be..
Yeah but Cereplast will have to put tremendous amount of effort into marketing their products. Most of the time is about marketing about how their products will benefit economically to the companies that produce finish products. I know Cereplast products does not require addictional equipments and they use 30 to 50 percent less electricity to heat them up which is a very nice saving for the converters companies but still there are always competitors too.
Nobody wants to sell it at $.023 come on people start bidding a little bit higher before it goes even higher lol.
Lets say I talked out of frustration.
Just reading an article about how much plastics Europe produce a year and its 45 million tons! If Europe pass the law to replace conventional plastics it will be huge opportunity for Cereplast when if it takes 5 or 6 years to replace 100 percent of it to bioplast. Lets say Cereplast capture 5%, that's 2.5 million tons which is equivalent to about $1 billion dollar in revenue at $4500 per ton that Cereplast charges to the customers. I'm so excited for the future of this company.
Things don't happen overnight in life. It takes time. At least that's my view.
New came out after the market closes today. It's a positive PR.
True.. I'm guessing the numbers weren't that good that's why they didn't release the cost of those orders.
It dropped from $.0275 to $.023 super fast. Oh man.
Down to $.023.
A million share at $.027. I'm just waiting on $.175.
It's going down the hill. For now at least.