Replies to post #17948 on Hong Yuan Holding Group (HGYN)

[Renee]

Usandy: I know my posts present an unfavorable viewpoint. That is why I post on a sunday and not during the market week so that readers can at least consider those viewpoints WITHOUT affecting the stock on an off market day.

FWIW, Cereplast submitted the filing to increase the A/S and approve a reverse split. Do you think they are merely kidding?

I contend that Cereplast isn't kidding and I also contend that Cereplast can quickly (their word, BTW) authorize Preferred Shares to approve that vote.

[Carter]

This is correct, Cereplast has stated they've now satisfied the immediate issue of paying the interest on their debt for the remainder of 2013, which their recent financing accomplished. We've also seen that while these notes have been hitting - and the OS has been increasing - the price per share has also increased - meaning the dilutive shares are being absorbed. Doesn't mean there won't be ups and downs, because of course there will be.

In anycase, we're talking about something a few months off.

[MrMojoRisin]

Eh,still have 6 weeks before the vote. Plenty of time to reach .20 cents.