Platinum Research Organization, Inc.(fka PLROQ)

[speckulater]

Re: The Increase In Cash

I am very glad you asked that question. As part of the stock shares exchanged, investors contributed $4,500,000 to PLRO. The additional cash probably came from here, page 18 of the 10-Q:



Plan of Operation

On April 18, 2007, we closed the Contribution Agreement which resulted in our acquisition of Platinum LP and the appointment of a new slate of directors. Under the terms of the Contribution Agreement:

· GP Transferor contributed all of the capital stock of PRO GP (the “PRO GP Capital Stock”), free and clear of all liens to the Company;

· each Limited Partner contributed all of the outstanding limited partner partnership interests of Platinum LP (collectively, the “Partnership Interests”) held by such Limited Partner, free and clear of all Liens to the Company; and

· the Investors contributed $4,500,000 in new capital by way of private placement to the Company. This private placement included the conversion of the convertible promissory notes totaling $1,000,000 held by two Investors.

In return, the Company issued the aggregate total of:

· 55,000,000 unregistered shares of its common stock to GP Transferor for the Pro GP Capital Stock for the Partnership Interests;

· 5,000,000 unregistered shares of Series “A” Preferred Stock to the Investors; and

· 2,500,000 Common Stock share purchase warrants to Investa Capital Partners Corporation and Ms. Cecelia Pineda.

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That also clears up the REGDEX Filing that mentions a Private Placement, that was bothering me.

http://www1.investorvillage.com/smbd.asp?mb=6922&pt=s