Cereplast Switches Back to CERP

Top-ranking manufacturer of sustainable, bio-based plastics Cereplast, Inc. has changed back its trading symbol from CERPD to CERP, after it temporarily switched to CERPD on March 15, 2010.

Cereplast’s CEO, Founder, and Chairman Frederic Scheer stated that the company received the temporary ticker symbol from the Financial Industry Regulatory Authority (FINRA) after approval of their reverse stock split. Frederic further added that this change will facilitate better visibility and liquidity of the company to analysts and institutions and also reflect the company’s pursuits in the area of bio-degradable plastics.

Source: http://www.cereplast.com

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