Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of Perf Go Green (OTCBB: PGOG). Mr. Dean comments, "We have been waiting quite a while to issue this week’s idea and we think now is the perfect time for you to look at it. The stock has been sold off in recent weeks losing about 70% of its value for no apparent reason. Unless we’re wrong, it sure looks like a great bargain that won’t last too long. The stock now seems to be stabilizing and has actually started to reverse course over the past few days. If this is indeed a true rebound, then we are probably in the early stages and there could be a lot of opportunity for our members to make some fast money on this one.
With the US consuming almost 10% of the world’s plastic bags (100 billion bags per year) and contributing to over 16 million tons of annual plastic waste, there is a growing awareness of the need for eco-friendly products. In fact, according to Cone Consumer Environmental Survey, almost 32% of consumers have expressed an interest in conserving the environment, while almost 91% of them have a positive image of the company which indulges in environment friendly activities.
Our latest trade idea—Perf Go Green (PGOG) , an early stage distributor and marketer of biodegradable and eco-friendly plastic products including six new product categories such as trash bags, pet waste disposal bags, and drop cloths for residential and commercials uses. The company’s products made of recycled plastic are treated with an oxo-biodegradable proprietary application that helps the product to completely decompose without leaving behind ANY toxic or visible residue. PGOG claims that these eco-friendly plastic products, degenerate within two years of disposal, as opposed to the regular plastic products which can take hundreds of years!!!
Sure the stock has been beaten up over the past couple of months, but that only makes the opportunity that much more attractive to us. You can buy shares right now for about a two-thirds discount to what they cost just over a month ago. With the stock recently appearing to find a base around its current level, we think it is a perfect time to try to profit from this one again, before it makes another breakout higher.”
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To view the OTCPicks.com Company Profile for Perf Go Green, please visit: http://www.otcpicks.com/perf-go-green/perf-go-green.htm
About Perf Go Green
Perf Go Green Holdings, Inc. (OTCBB:PGOG), www.perfgogreen.com, is engaged in the distribution and global marketing of eco-friendly, non-toxic, food-contact-compliant, biodegradable plastic products. All Perf Go Green products are made from recycled plastics and completely break down in landfill within two years, leaving no toxic or visible residue, as compared to other plastics that take hundreds of years. Perf Go Green's corporate name reflects its "Go Green" mission to develop, market and distribute biodegradable plastic products as a practical and viable solution to eliminating plastic waste from the world environment.
About OTCPicks.com
OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks.com has been compensated nine thousand five hundred dollars from a third party (BlueWave Advisors) for PGOG advertising and promotional activities.
