Perf Go Green Holdings; ‘Speculative Buy’ Rating, Target Price $3.75 by Beacon Equity Research
08 Oktober 2008 - 1:00PM
Business Wire
Perf Go Green Holdings (OTCBB: PGOG) has received a Speculative Buy
rating with a price target of $3.75 by Beacon Analyst, Victor Sula,
Ph.D. The full report is available at
http://beaconequity.com/main/Page-data/
Adpages/Perf-Go-Green-Holdings-Inc.-OTCBB-PGOG. (Due to its length,
this URL may need to be copied/pasted into your Internet browser's
address field. Remove the extra space if one exists.) Anyone
interested in receiving alerts regarding PGOG research should
e-mail members@beaconequity.com with �PGOG� in the subject line. In
the report, the analyst writes, �We anticipate a very rapid ramp-up
for PGOG�s revenues in 2009 and over the next three to five years
as a result of the environmental advantages of the Company�s
biodegradable bag technology, PGOG�s steady progress in
establishing distribution channels through leading national
retailers, and a steady stream of extensions to its existing
product lines. The annual U.S. market for trash bags alone exceeds
$3.0 billion; we believe the potential market PGOG may address with
product line extensions could easily create a $5.0 billion annual
sales opportunity.� Other companies in the environmental
products/plastic bag brands sector include: Clorox Company (NSYE:
CLX), Pactiv Corp. (NYSE: PTV), China Green Material Technologies
Inc. (OTCBB: CAGM) and Biopack Environmental Solutions Inc. (OTCBB:
BPAC). Beacon Equity Research Disclosure The analysts contributing
to this report certify that the views expressed herein accurately
reflect the analysts' personal views as to the subject securities
and issuers. BeaconEquity.com is not a registered investment
advisor and nothing contained in any materials should be construed
as a recommendation to buy or sell any securities. BeaconEquity.com
is a wholly owned entity of BlueWave Advisors, LLC, which has
previously been compensated forty three thousand five hundred
dollars from Universal Management Services, a shareholder of PGOG,
as a marketing budget to manage a comprehensive investor awareness
program including the creation and distribution of this report as
well as other investor relations efforts. This report is based on
data obtained from sources we believe to be reliable, but is not
guaranteed as to accuracy and does not purport to be complete.
Please read our report and visit our Web site, BeaconEquity.com,
for complete disclosures.
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