Hong Yuan Holding Group (HGYN)

[mknmny]

I really like the below two statements from the recent PR's:

Since 2008 our team has developed and extensively tested algae-filled grades of bioplastics, and more recently has perfected this specific grade which is now ready for commercialization. We have several customers evaluating this technology and anticipate generating revenue from it during the first half of 2013. We strongly believe that our technology leads the algae bioplastic market and presents yet another revenue stream opportunity as we head into 2013

In the United States, Cereplast received several orders for compostable resins that will be used for food service applications. Multiple large food chains have started to embrace the use of compostable material for food service ware items including straws, cups and cutlery, for which Cereplast's resins are in demand

This is why I think we will be getting news about a huge contract, they are working with multiple large food chains and other customers are evaluating the new Algae bio plastic technology.$$$$$$$$$

Long CERP, know what you own.