CERP closed up 62.33% today, after announcing improved First Quarter 2013 Revenue Results.

CERP (Cereplast, Inc.) garnered major attention within the penny stock exchange today, closing up 62.33% on over 63 million shares traded. The incredible movement greatly sparked the interest of the Penny Stock Dream penny stock newsletter platform and will likely continue to garner major attention from investors most interested in buying penny stocks, as a result of stock scanners that will undoubtedly pick up on the incredible movement that the stock saw today. Another aspect that will likely trigger numerous stock scanners for special investing alerts, is the fact that the stock saw such massive volume traded, after the announcement about the heavily improved first quarter 2013 results over the first quarter recorded for 2012. The improvements are significant for companies trading within the penny stock exchange and are case and point the majority of the reason for why Penny Stock Dream has decided to take up an awareness initiative for this powerful penny stock play. We feel that with the sort of momentum that this major announcement has been able to garner, within this one day, there is a great deal of likelihood that there will be further attention turned toward this powerful penny stock, as more investors become aware of the improvements that have been made with regard to the companies bottom line. Penny Stock Dream will be sure to continue to follow along with the accomplishments of CERP, as it continues to grow within this industry.

The full announcement that was released before the market open, can be read as follows:

"Cereplast Reports Preliminary First Quarter 2013 Revenue Results: Exceeds Revenue for Entire 2012 Fiscal Year

Cereplast, Inc. (OTCQBNULL) (the "Company"), a leading manufacturer of proprietary biobased, compostable and sustainable bioplastics, today announced preliminary revenue for the first quarter ended March 31, 2013. Cereplast expects to report 2013 first quarter revenue of approximately $900,000 to $1 million, exceeding total revenue for the entire 2012 fiscal year.

According to management, approximately 65% of this revenue was generated in Italy due to the demand created by the recently published Application Decree, which requires merchants to discontinue the use of traditional single-use plastic bags in favor of bioplastic bags or other alternatives. Sanctions for non-compliance will be enforced beginning the end of May 2013 and management estimates that as a result, the Company will experience an increase in demand for its Cereplast Compostables® blown film resins during the second half of 2013 as merchants are forced to transition to bioplastic alternatives.

Based on certain provisions, including current competition, current production capacity, a full production staff and sufficient working capital, management estimates that the Company's total addressable opportunity for Italy alone exceeds $50 million annually out of a total addressable market for compostable blown film grades in the country that exceeds $500 million per year.

Cereplast Chairman and CEO Mr. Frederic Scheer commented, "We are pleased with our encouraging preliminary revenue results during the first quarter of 2013 and are optimistic for the remainder of 2013. In Italy alone, we conservatively estimate our market opportunity to be approximately $50 million. Additionally, we expect other European nations to enact similar mandates which will exponentially increase our opportunity in Europe. We are excited about these favorable trends and will provide future updates as significant events occur."

This news announcement is a powerful one for any company, especially for one trading within the realm of the penny stock exchange. As the cash flow for CERP continues to increase, it is more than likely that we will continue to see further updates from the company, showing that they have the cash on hand to complete more projects as time goes on. We highly suggest that all subscribers and followers keep a very close eye on what is to come from this impressive penny stock play as they move forward with their business plan.

We here at Penny Stock Dream aim to bring the best penny stock information to our subscribers, in hopes that they will be able to use that information in conjunction with their own due diligence to make the best investment decisions possible and to see the best penny stock gains. CERP (Cereplast, Inc.) is continuing to prove itself to be incredible penny stock pick and a big winner for our subscribers. Remember that subscription to our newsletter alerts on penny stock investment opportunities, are absolutely free! If you wish to subscribe to our alert system, you can do so at www.pennystockdream.com.

While our general penny stock newsletter subscription services are absolutely free, many highly successful traders have opted to sign up to our elevated Platinum Membership services, for the purpose of receiving various special alerts in advance of free members. This has given them a significant advantage in their ability to digest key information before many others are able to. Those wishing to sign up to our special Platinum Membership package, can do so at www.pennystockdream.com/platinum.

 

Pennystockdream.com and its employees are not registered as Investment Advisers in any jurisdiction whatsoever. We encourage all of those that are interested in trading penny stocks, or any other form of investment, to conduct their own research to garner a better understanding of what they are getting involved in. Be sure to read the full pennystockdream.com disclaimer at: http://pennystockdream.com/disclaimer.

Read other articles →

RSS RSS Feed

Archives

November 2034

June 2025

January 2025

September 2024

August 2024

February 2024

December 2023

October 2023

September 2023

August 2023

June 2023

February 2023

January 2023

December 2022

November 2022

October 2022

September 2022

June 2022

February 2022

January 2022

July 2021

March 2021

February 2021

January 2021

December 2020

November 2020

October 2020

September 2020

August 2020

July 2020

June 2020

May 2020

April 2020

March 2020

February 2020

January 2020

December 2019

November 2019

October 2019

September 2019

August 2019

July 2019

June 2019

May 2019

April 2019

March 2019

February 2019

January 2019

December 2018

November 2018

October 2018

September 2018

August 2018

July 2018

June 2018

May 2018

April 2018

March 2018

February 2018

January 2018

December 2017

November 2017

October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017

December 2016

November 2016

September 2016

August 2016

July 2016

June 2016

May 2016

April 2016

March 2016

February 2016

January 2016

December 2015

November 2015

October 2015

September 2015

August 2015

July 2015

June 2015

May 2015

April 2015

March 2015

February 2015

January 2015

December 2014

November 2014

October 2014

September 2014

August 2014

July 2014

June 2014

May 2014

April 2014

March 2014

February 2014

January 2014

December 2013

November 2013

October 2013

September 2013

August 2013

July 2013

June 2013

May 2013

April 2013

March 2013

February 2013

January 2013

December 2012

November 2012

October 2012

September 2012

June 2011

PCI DSS Compliant Stripe Payments GoDaddy Verified GoDaddy SSL Secured Visa MasterCard American Express Discover PayPal accepted