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Cereplast Inc. (NASDAQ: CERP) Blasting Up 10% on European Deal

|Includes: Cereplast, Inc. (CERPQ)

Shares of Cereplast, Inc. are currently trading up $.35, or 10% at $3.75 after the announcement yesterday the company has inked a distribution deal with RI.ME. Masterbatch that allows Cereplast the opportunity to distribute its bioplastic resign products to the European market. The shares traded as high at $4.15 earlier this morning.

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http://www.worldmarketmedia.com/779/section.aspx/2291/post/cereplast-inc-nasdaq-cerp-blasting-up-10-on-european-deal