Hong Yuan Holding Group (HGYN)

[wri3ght]

Nobody is buying CERP because there is no good news and they basically sold nothing in the first quarter when we hoped they would have revenues approaching $25M this year.

Europe tanking is probably the cause because their prospects were brightest there.

In the latest report that CERP put out, they said that if they can't get funding they will go bankrupt.

Several months ago they had a secondary stock offering and raised some cash when the price was $1.38 or so.

I don't know if they can pull that off again.

Just recently, (I think) they got bond holders to convert their bonds to common stock probably because CERP was not able to make the interest payments on the bonds.

This looks like a penny stock in the making.

Sad.