China Energy Recovery, Inc. (CGYV)

[platothree]

10Q out yesterday.....lower revenues than the first 2 qtrs this year reflecting the slowing economy in China the last two years( as well as the slowing press releases) At the beginning of 2011 we had a flood of PR's ....my recollection of those early 2011 PR's was the projection of 2011 total revenues would be 115 million (Actual 90 million ) Not bad considering 2008 (23.1); 2009 ( 22.1); 2010 21.0) .....so 90 (2011) was not 115 but,not bad.......In early 2011 they also projected 2012 would have between 200-250 million in revs.....I doubt that......9 months we have 76.4 in revs.........we probably will beat 2011's 90 million but not by much..........Having read all this how in the world can the stock price be down during the last 3 years from over $1.00 to .20 cents.............China is showing signs of turning its economy around at the end of 2012............BTW...if youreadthe 10Q they only have about 50million in back orders.......PRC owns about 80% of the factories in China; so a turn around in the eco is needed ..........Good luck to all with the coming years