China Energy Recovery, Inc. (CGYV)

[Ecomike]

That is typical of that sort of a notice. It just covers the legal issues so that they can purchase shares with up to $500,000 any time they see fit to do so. To buy before giving disclosure would be violation. Also just a notice to the market that they feel the stock price is too low. If they actually post Form 4s, of actual buys, that may set a bottom?

I still have some shares in this one, but I have not followed it closely lately. I have been waiting for them to see enough positive income quarters back to back to get a good head start on paying down the debt they incurred to build that new plant. And meanwhile China/US stocks have not done well all year, so I have avoided buying any more yet. I have no idea when or where the bottom is. And I have not really looked closely at the last 2-3 quarterly reports. My biggest concern was dilution to pay off some of the capital cost loan from the new plant, if profits were not good enough the first 12-24 months. I think it is a good company to own some of, just a question of timing and price...value.