PROGRESSIVE PLANET SOLUTIONS INC (PLAN)

[kahlua]

Doubled my position at .25 last week. Thought perhaps I could get even more at lower prices near .20 during the warrant acceleration period but the buying window quickly closed. Anywhere near .30 and I’ll add more if given the opportunity. I’d prefer the market continues to sleep on this one for a while longer.

I expect a sizable revenue increases going forward with solid margins as the integrated APL acquisition opens up the rock phosphate tolling opportunity in a big way. Success in the SCM market is going to take more time to materially prove out and be commercialized but with increasing cash flow from operations and ongoing warrant accelerations to bring in additional capital, the company can pay down the debt and self fund their growth and expansion plans. And just as importantly: STOP diluting shareholders with dirt cheap warrants to friends and family insiders. The share structure has grown rapidly in the last 12 months so I want management to be far more prudent going forward.