Hong Yuan Holding Group (HGYN)

[Skyline2012]

yes folks , m loading up at .02 good price, yeah I had a loss, but I think they have a big contract since the plastic sanction took in effect in Italy Recently. I found this from old PR, about plastic sanctions.


This article was posted July 1, 2011



BREAKING NEWS

Cereplast Inc. (CERP), the U.S. maker of plant-derived resins, said it may be profitable by the end of the year because of “exploding” European demand for environmentally friendly shopping bags.

The company will meet its forecast for sales rising to as much as $34 million this year, from $6.3 million in 2010, Chief Executive Officer Frederic Scheer said today in a telephone interview. Revenue may climb to $100 million next year, he said.


The reason i think this is big news for us bec recently there was a sanction on regular plastic and look at what they were expecting just from the bags. I feel like something big is in progress since plastic is being sanctioned in Italy for sure.