Hong Yuan Holding Group (HGYN)

[Skyline2012]

yeah i was out, but picked it up again, since the company showing good sings of coming back, strongly believe this company has a big contract with Indian companies, I am not 100% positive, but out 36 companies half of them should buy the resins for their applications. Just recently they released a PR on STRAWS purchased by cell-o-core, we don't know the Revenue on that order, but if you go on their tweeter account their is a picture showing the products made from Cereplast, and if you look closely on the table their are the straws that Celle-o-core bought, look at all the other products, so many other products, and I think a lot of other companies have found cereplast products good since they are biodegradable. Big Contracts will be out soon, cerp is coming alive, PPS doesn't mean anything how the company is doing, its all how investor play it, but looking at the companies progress since last two quarters, they are gaining its momentum back, yeah they had a pretty whack year 0f 2012 since the European market was down it self, now European market is coming back up to, which means Cerp coming back up. Also there was a ban in regular plastic in Italy. Italian Senate Approves Plastic Bag Sanctions
Significant Revenue Opportunity Expected From Italy and Other European Nations That are Exploring
Similar Sanctions Significant Revenues, and they are talking about plastic Bags, they have not released any news on any bags, plastic bags it self is a big plastic market in the world, majorly used through out the world. Italy represents 25% of the European market which is about 5 billion in Euro Dollars, 20 billion is all Euro including Italy, but just imagine if they are talking about Significant Rev whats holding them up for the release. Either some big contracts are in play or don't know what , but I see the potential of this company providing it self significant rev as the company states it will.