New Mega Trade Alert Inside!
PennyStockLive Newsletter
Dear members,
Today we noticed a new company that we are absolutely thrilled to tell you about. This company has just released some fantastic news which has caused the price per share of the company to soar through the roof. The reason we are alerting this company right now is because we feel that the price per share valuation of this company will continue to significantly increase in the next several days.
The trade alert that we would like to provide for Wednesday`s trading day is Biopack Environmental Solutions Inc. (Public, OTC:BPAC)
Indicators:
(BPAC) has significantly risen in price per share in the past days.
(BPAC) rose over 100% in the past two weeks and rose over 20% just today!
(BPAC) traded on extraordinarily high volume of over 3.3 MILLION shares with the average volume close to only 110,000 shares traded. This represents a volume increase of over 30x.
(BPAC) has only 42 million shares outstanding and a market capitalization of over $5.8 million.
(BPAC) has a 52-week high at 69 cents, which represents a potential price per share appreciation of over 330%.
About (BPAC) :
(BPAC) manufactures 100% biodegradable consumer packaging products.
(BPAC) `s mission is to provide superior, innovative products in order to meet the demand for biodegradable and fully compostable packaging.
(BPAC) has earned the “premium brand” label in the biodegradable packaging market in Europe.
(BPAC) `s unique line of compostable packaging is sold in 12 European countries, North America, Hong Kong, Taiwan and South Africa.
(BPAC) has been in the environmentally sound packaging business since 1995.
(BPAC) uses readily renewable agricultural waste to create value-added packaging products normally made from plastic or paper.
In 2007, as a result of the demand for (BPAC) `s eco-friendly packaging, (BPAC) built a production facility called “Biopark” in Jiangmen, China
(BPAC) is currently expanding production to various parts of the world, thus securing numerous revenue streams.
Market Foresight:
In 2008, the global market for consumer packaging was estimated at USD $480 billion and was continuing to grow at a pace of five percent per annum .
Food packaging is the largest segment of this global packaging market, which accounts for more than half of the total market and is experiencing steady growth.
Moreover, the global consumption of biodegradable packaging materials is expected to show an annual increase of 22% (The Future Global Markets for Biodegradable Packaging, published by IntertechPira, UK).
(BPAC) `s products are well positioned to capture a growing share of this emerging market.
Breaking Developments:
Just today (BPAC) announced that it has formed a distribution agreement with almost all of South America!
The list of countries includes Brazil, which is the world`s largest producer of sugarcane .
This presents a brand new market for (BPAC) and one that secures new revenue streams into the company.
Press Release:
HONG KONG–(BUSINESS WIRE)– Biopack Environmental Solutions Inc. (OTCBB: BPAC.ob – News ), a designer, manufacturer, and supplier of 100% biodegradable and compostable packaging products, is pleased to announce it has entered into an agreement with Solupack Sistemas de Embalagens Ltda (“Solupack”) for distribution in Latin America.
The distribution agreement will include the Latin American countries of Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela.
Gerald Lau, CEO of Biopack says, “We are extremely happy to have Solupack as our new distributor for Latin America. They have very established operations there, and are making a strong commitment to expanding their market with the sale of our products.”
To read the full press release, please click here .
This concludes our (BPAC) newsletter.
We hope you were able to witness the potential of this trade alert.
Please stay tuned for further updates.
Happy trading,
PSL staff, www.PennyStockLive.com
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