I am not even sure if they made their court date to file papers. Nothing in the court docket I can see and they were due on Oct 4th. I wish they would just kill the stock and move on. Could take my loss on 2014 taxes.

Not much time left:
From the court, I am sure it's been posted before.. but FYI:
ORDER: Because Plaintiff has entered bankruptcy proceedings, an automatic stay of this litigation is required by 11 U.S.C. § 362. It is therefore ORDERED that this case be suspended. Plaintiff shall submit semi-annual letters as to the status of the relevant bankruptcy proceeding. Plaintiff's letters shall indicate whether this case should remain on suspense, or be dismissed or restored to the calendar. The first of these letters shall be submitted on or before October 1, 2014. SO ORDERED. (Signed by Judge Alison J. Nathan on 4/01/2014) (ama) (Entered: 04/01/2014)

I wonder when they will stick a fork in this pig and just kill the stock. If they are not going to pursue the lawsuit (dunno), then just end it...

Ya just never know.. This has more turns than a corkscrew...lol

Ok... I am in the dark as to what all this means for CERP. Anyone care to enlighten me....?

And it could also go on for months....

I prefer drug induced coma...lol

I agree...

I don't mind the pumping.. have at it!! LOL Already lost a ton.. what diff does it make if you pump it a bit.? seriously. I think I would have a heart attack if it did hit $1....lol

I am still here as well. No sense in selling. A few hundred dollars does not matter.. We will see what happens.. Like slowing down to watch a car crash. :(

LOL.. I lost 12k. If you can't afford the bet, don't gamble on stocks.. sux, but sh*t happens. I will hold onto my worthless paper until then end.. then I will at least have some toilet paper.

Not fooled... I know BK is not a good thing. I will wait for some kind of bounce in Ch 11 and get off this boat. Don't be fooled yourself on how much Big Oil does not want this bag ban in place either...We all must realize their "oily" fingers are all over this industry and it's players. BASF is nothing compared to Royal Dutch Shell and BP.

I agree Scheer has done a D- job getting sales, but It is hard to get a foot in this industry with all the lobby money and hatred from Big Oil. He stinks, but the market did not help either...

Sooo... by that logic.. The Mutli-Billion dollar companies that can squash competition are doing very well. That means small companies are idiots? LOL ok.. I guess all the electric car companies are idiots because the BIG 3 and Oil can't make it work... hmmmmm

How about.... Multi-Billion Dollar companies like their stranglehold on the market and good freakin luck to anyone trying to get it on it. It is not always so easy to say CEO is a moron or "this is a penny stock"... The only reason Tesla does so well is that Elon Musk can tell Big Oil to go F themselves. If he needed a ton of loans, he would be screwed. Kinda like Cerp...hmmmm

I guess you missed the part of the letter where Horizon had their assets frozen. Hard to pay for things with no available cash.

Maybe they want the patents so they can sell them to someone that is willing to pay... BASF.. DOW...etc....?

Getting loans to pay loans does make sense when Horizon is hell bent on closing Cerp out.

I have Fidelity and had my stock the next morning.

Because their real backers have an agenda... just that simple. Too much money on the table for Big Oil to not do something.

I smell big oil behind Horizon and their rejection of the buyout. As I have said.. none of us knew what actually was going on behind the scenes. Looks like Horizon only cares about destroying the company and all of us in the process.

And... what does that mean? Scheer's lack of ANY info is truly troubling...

There are sooo many things Cerp did that do not make sense if they are giving up. R/S, new loan, Ch 11 filing...etc

No one knows what will happen. If you say that here though, people jump all over you with the bashing. I use Kodak as a comparison because the stock jumped while they were in BK 11. No one was investing in them as they had to sell a lot of their patents just to have money to move forward. Shorters could drive this stock up in a CH 11. None of you have any proof to the contrary.

We just do not know. Until the 20th. I hope for the best, but an ready for the worst. That is all I am saying.

You may now bash and dissect this post...

There are no winners in BK....none.. At least I might be able to get some money out, if the stock stays active during.. We will ALL have to see.

That is not a fact... I held Kodak until 2 months before they came out of CH 11. Stock still traded. The stock bounced MANY times. This stock used to be on Nasdaq, so it is not some crappy sub penny.

We all know what happens in CH 11 and CH 7.. You guys have re-stated it 30 ways to Sunday... We get it...

You have NO idea if the stock will still be active after the 20th.. no one does. So... it is not fact.

Ok... instead of regurgitating what a CH 11 and CH 7 entails. Sky asked for opinions from SH about what they think might happen.

No need to get "bashy", just toss your opinion out there.

My opinion is that the shares will bounce around as speculators drive the price up and short... A LOT.

In the end of the CH 11, when the court approves the exit plan, the shares will be cancelled. Could be 3 months, 6 months..a year... who knows how long they will be in CH 11.

It probably rings more than a new lottery winner's does...lol I would let it fall to VM as well.

Agreed on management. I am just waiting for it all to come out in the BK and Magma suit.. Will be interesting...that's for sure.

Anytime you go head to head with: Big Oil(plastics), Big Pharma(medicine), or Big Tech(solar, wind....etc)... You better have a good game plan, because those industries will stomp you into the ground if they can... Look at the lawsuit BP filed against the bag ban in Europe. Pretty much saying F U environment, don't be cutting our billions in profits.. That was my biggest concern here... Big Oil would drag this out so that the little guys would die from lack of income.. Starting to look like they succeeded. Scheer did not help... but look at the big picture.

I agree Sky... I like how the bashers think hes is getting away with some kind of crime... faking numbers, looting assets... It gets pretty comical after a while. Gives me a little laugh as I watch my shares die...lol

"Call judge Roy Bean from the grave.. we gots a hanging to do"...lol

I read the report on the son and his license was suspended...not revoked.

Exactly

True... but constant bashing by people doesn't make the stock go up either... LOL

I am hoping it does a Kodak bounce during the CH 11 process and we can all get "some" of our money back.

I will hold my shares and wait for shorts to bunch the stock... before they emerge from CH11. What else can you do at this point?

I agree... Like I said... once the other shoe drops.. EVERYONE will know... and good or really bad.. it will all be clear...

I understand that Supra. But judges still do not like to see shareholders get wiped IF there is some kind of option to avoid it and get the CREDITORS paid. Best interests for all. You guys love to pick things apart just to show the negative sometimes....

All I can say is that most, if not all of us, will breath a sigh of relief and say "FINALLY"... when the other shoes drops in all of this. Until then it is ALL conjecture. Unless you know what the judge, all the attorneys, and the execs are thinking...You really know nothing. You can "connect the dots" all you want, but you are not on the inside so.....

Not pumping, I think CH11 is coming or son or contract would have saved the day already. Judge does not like to see shareholders lose everything, so he probably has to consider all options...besides just what Horizon wants.

My OPINION...lol

If he pays off the creditor (Horizon), why not? Money is money...is it not?

That is what this is all about... Paying the bills.

I never said BK was good 7 or 11. With 11 we MAY get some time before they emerge from it to get a bounce and sell some stock. It is not cannibalizing when we are all in the same boat. I mean seriously folks. BK is the end, but I will still try to recoup ANY amount I can for what I have. Te shorts will be all over this stock, so hopefully we can use their frenzy to catch a bounce before the end of the stock.

That is all I am saying.

Scheer's son in the mix is interesting. I guess if he got DIP control, then a whole new ball of wax would be formed.... interesting is an understatement.