There won't be any 'earnings'. I'm not bashing the stock. I have a 30,000 share position, for the record.
They have a mountain of debt. He wasn't able to make money when they had $20,000,000 in revenue. I just don't know long term. If he hires a top notch CFO and listens to him when they do begin generating decent revenues there's a chance they can turn things around.
As things have stood, they've been diluting and diluting the shares to keep the doors open. That needs to change. I don't have my life savings tied up in this. Any OTC is a speculative stock, and most never make any earnings, but I'm willing to give them a shot now that these new markets are opening up.
You forget CERP has done some major debt and business restructuring. Analysts see improving business, so they forecast CERP to be rising in 2013. That's why you've been seeing CERP stock going sideways and starting to curve upward now.
Businesses estimate that CERP's market industry will grow exponentially starting 2013 to 2014-2015 because countries are converting and trending towards bioplastics, and that will makeup for paying off more of their debt and be able turn profit very soon.
Before next December, I think this will be around 25 cents. They will explode by gaining more and more contracts with big stores. Their strong point is that their product is not only "recyclable" like most of plastics but biodegradable (which means it self-destructs in the long term without any negative impact on the environment, like manure).