China Energy Recovery, Inc. (CGYV)

[Ecomike]

I have not had time to keep up, but for me the question is can they make enough profit to pay off debt from the plant expansion, with out selling shares. A real profit this quarter is great news, but the increased sales may tie up working capital (receivables), unless the jobs are front end funded. Did we get a PE this quarter?

I still have some shares (long term hold), and if we get clarity on a good low running PE and the ability to earn their way out of debt, I will buy more shares, but for now I am not adding.