CERP - Cereplast,, Inc.
I like what this company is doing - renewable plastics. I think bio-plastics is the future of disposable products (cups, plates, bottles, utensils, etc.).
Cereplast has proprietary technology to produce the bio-resins used to make a wide variety of products. Apparently, they're going from a manufacturer of these products to a supplier of the bio-resins to current major manufacturers of plastic products. Everyone wants to be "green'
Cereplast has been recently featured in several publications.
Website:
http://www.cereplast.com
From the website:
Cereplast, Inc. (OTCBB: CERP) designs and manufactures proprietary bio-based, renewable plastics which are used as substitutes for petroleum-based plastics in all major converting processes – such as injection molding, thermoforming, blow molding and extrusions – at a pricing structure that is competitive with petroleum based plastics. Cereplast’s uniquely formulated resins are certified biodegradable and compostable by BPI (Biodegradable Products Institute).
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Share price as of close 7/13/07: 0.64
As always
do your own DD!
CERP - Cereplast,, Inc.
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