CERP is at its turn around stage moving headquarters gaining new customers, lowering cost already $200,000 in for 3rd qtr and yes there has been a delay in the Italian decree enforcing legislation of the plastic bag ban and once it passes it will be even stronger because other countries will follow . You also forgetting about India who will be another source of revenue for CERP . The next 12 months is going to be terrific . Think about it this way ...... Here you have an IPO stock offer at .02 Which has a potential to tap into a 500 million market ( just Italy) and a growing billion dollar industry with infrastructure already in place ....