Orlando, FL -- (SBWIRE) -- 10/07/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Cereplast Inc(PINK:CERP), NewLead Holdings Ltd (NASDAQ:NEWL).
Cereplast Inc(PINK:CERP) shares gained 5.93% to $0.0143. The company on Sept. 24 provided an update on European legislation surrounding the use of disposable plastic bags that would allow member states to place bans or taxes on single-use plastic bags in an effort to protect the environment. Bans or taxes on single-use plastic bags would push the European Union (EU) market to use alternative materials, like bioplastic, in the manufacturing of shopping bags.
Additionally, the company on Sept. 17 said it is advancing in the research and development stage in preparation to bring to the market a more sustainable and cost efficient process for the development of algae bioplastic resins. By using an algae biomass selection process in which food-based materials are not fed to the algae for growth, the food chain is not impacted, increasing sustainability. The material is also expected to lower costs in algae bioplastics development by deploying post-industrial processes, enabling the re-use of materials.
Are investors worried about the recent updates with CERP? Find out with a free trend analysis HERE
NewLead Holdings Ltd (NASDAQ:NEWL) shares dropped 8.51% to $0.105. The company, on Oct. 4, announced that the Company received a letter from NASDAQ Listing Qualifications Staff of The NASDAQ Stock Market LLC ("NASDAQ") notifying the Company that it had not regained compliance, by October 1, 2013, with the $1.00 minimum bid price requirement for continued listing on The NASDAQ Global Select Market, as set forth in Listing Rule 5450(a)(1), and that, as a result, the Company's securities would be subject to delisting unless the Company requests a hearing before the NASDAQ Hearings Panel (the "Panel") by October 9, 2013 to present a plan to regain compliance.
Additionally, the company on Sept. 26 announced that the references in the press release, dated September 18, 2013, to the agreements between the Company and sellers in regard to the second mine and wash plant in Kentucky, USA, should have been referred to as advanced negotiations.
Is NEWL going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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