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Monday, 09/06/2010 3:28:37 PM

Monday, September 06, 2010 3:28:37 PM

Post# of 12022
CERP = NASDAQ stock forecasting massive growth and profitability

Some TIDBITS from their first conference call:

(1) 16 million pounds of bioplastic to be shipped in 2010. Guiding for sales could be $7 to $9 million for the 2nd half of 2010 or a +450% to +600% increase in sales. Forecasts operational profitability for Q4 with rapid growth in 2011.

(2) One contract alone is for $900,000 per month in sales beginning September 1.

(3) "The company and a large multi-billion dollar company....filed recently for a grant with the department of energy to fund a research project on our algae bio-plastic." Commercial use begins for algae bioplastic end of 2010 to early 2011.

(4) Pricing structure is now currently competitive to petroleum-based plastic.

(5) Current full capacity 80 million pounds of bioplastic = $100 million in sales per year. Goal is full capacity by 2012. Existing pipeline of clients suggest that deadline will be met [from them alone]. Thinks bioplastic market in general could top $10 billion by 2020.

(6) August 26 -- CERP rang the NASDAQ opening bell:



CC LINK:
http://biz.yahoo.com/cc/1/116421.html

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