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Sunday, 07/31/2011 10:11:21 AM

Sunday, July 31, 2011 10:11:21 AM

Post# of 40
PRRY.0189 was very close to being my next Spot Light Pick, long-term-play.

If it weren't for Enrique not returning my call, thus learning quite a bit more about PRRY, it could have moved closer too that spot, but no-go!

Nonetheless this one I like short-term.

DD Below:

My call into Enrique went like this:

He was busy boxing up their product and made this statement: "I am up to my ass in alligators trying too get this product out the door".

We set up a time for a call, both agreed, it didn't happen.

A/D for the past 3 months has been solid.

July 1st we were looking at a + 210k now 754k July 29th, that was the 1month A/D.

I'll add my DD below.

Planet Resource Recovery, Inc. PRRY .022
http://www.planetresource.net

52-Wk Range .0105 - 0.41

Authorized: 450 million as of

Authorized Shares 450,000,000 a/o Mar 31, 2011
Shares Outstanding 206,282,544 a/o Mar 31, 2011
Float 57,296,760 a/o Mar 31, 2011
Historical History: http://ih.advfn.com/p.php?pid=historical&cb=1264248899&symbol=prry
http://www.planetresource.net/profile.html

This gives you a good idea of where they were about a year ago: http://www.planetresource.net/PDF/PRRY.Intro_.10.07.09.br.pdf

Website: http://www.planetresource.net

Planet Resource Recovery, Inc.
USA - HOUSTON
8815 Industrial Drive
Pearland, Texas 77584
Phone: (281) 213-5622
Fax: (281) 605-5456
Email: info@planetresources.net

http://www.planetresource.net/about_us.html
Our vision is to develop new chemical compounds and related processes to maximize efficiencies in the Oil & Gas Industry, Mining Industry, Environmental Cleanup Industry and Corrosion Industry through environmentally-friendly, cost-effective and profitable platforms that are considered "disruptive technology" and will usher in new paradigm shifts in industry.

PPRY’s disruptive technology? PetroLuxus
The PetroLuxus™ platform of products is a “Green Technology.” It is a non-toxic, nonflammable and environmentally friendly method of separating hydrocarbons from both man-made and naturally occurring materials. Currently, the most widely accepted methods for separating hydrocarbons from other materials are the utilization of chemicals, water and or steam under extremely high pressure and mechanical processes. These methods are labor intensive, energy intensive and frequently cost prohibitive. PetroLuxus™ provides an alternative technology that is more efficient and at a lower cost. PetroLuxus™ truly is a Disruptive Technology. It will disrupt currently accepted best practices and change the way hydrocarbons are managed throughout the world.
http://www.talkguests.com/whatispetroluxus.htm



Planet Resource Recovery Inc
April 21, 2011

PetroLuxus Sales

The Company has completed its' initial studies on PetroLuxus and has begun to market the product. Mr. Enrique Salinas accepted the position of VP - Marketing - PetroLuxus as of January 1 of this year. Since accepting the position, Mr. Salinas has sold over $84,000 in PetroLuxus product for the first quarter of 2011 to former, current and new customers. The first quarter sales mark doubles full year sales of PetroLuxus in 2010. Sales for the second quarter have already begun and Mr. Salinas' goal is to improve the Company's first quarter sales performance results by 25%.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=47657

March 31st 2011
REVENUES $84,011
COST OF REVENUES $15,928
GROSS PROFIT $68,083
Please take time to read through latest Financial Report:

Since the above news except Mr. Enrique Salinas has been promoted, management change:
Company Officers
· Mr. Enrique M. Salinas, III – President, Chief Executive Officer
· Mr. George E. Harris – Chief Financial Officer
· Dr. Hal Potts – Director of Technology
Advisory Board Expansion: http://ih.advfn.com/p.php?pid=nmona&article=47437386


What has happened since then?
Planet Resource Recovery, Inc. Signs Stocking Distributor to Market
Date : 05/24/2011 @ 9:00AM

Excerpt: “Stocking Distributor Agreement to market PetroLuxus™ products with Lerro Processing Group, LP of Dallas, Texas. Lerro Processing has made an initial purchase of 2500 gallons of PetroLuxus™ Well Clean 100 well bore and production string cleanup, enhanced oil recovery and well stimulation product.”





Planet Resource Recovery, Inc. Enters Into Service Agreement With High Plains Oil, LLC to Treat Oil Wells With PetroLuxus(TM)
Date : 07/20/2011 @ 9:00AM

“The Service Agreement executed on July 19, 2011 calls for Planet to evaluate, consult and perform PetroLuxus treatments on various assets acquired by High Plains Oil, LLC over the next 12 months. Mr. Jeff Johnson, Managing Member of High Plains Oil, LLC, stated, "For the past three months I have worked with Planet Resource Recovery staff, visited their production facilities and researched the results of various oil wells which were treated by PetroLuxus. The results have been impressive.
1. Higher daily oil production
2. Reduced maintenance costs and
3. Reducing overall downtime
If successful, PetroLuxus has the potential to be a 'game changer' in the oil and gas industry."

http://www.wix.com/be2fit4u/high-plains-oil/our-mission High Plains Oil. The web site has been up since 2008. [you need a password for inner data].


In the past this company was focused on: From Prior CEO dated April 21st 2011

“Many have probably wondered why Planet elected to take on these other technologies and challenges rather than just bringing PetroLuxus to market. The answer is that PetroLuxus was, at that time, still in testing and trials, and it seemed essential to create other more immediate revenue streams to slow down or stop share dilution through continued investment. This is the reason we went after these other opportunities. In an effort to minimize share dilution from these continued sales of equity to fund the Company, it was proposed to us immediate revenue streams could be created through these endeavors. Through the creation of Raptor Ventures to do Antimony mining in Bolivia or our previous acquisitions such as RADA Technologies or others, the driving force behind these projects was their expected capability to create immediate revenue streams for the Company allowing us to operate without further outside capital investment. That way any future capital investment could be used solely to expand our operations or to make acquisitions to expand our markets in the future. Obviously, this has not worked out for us. So, until solid revenue streams are established, we are concentrating on the sale of our core technology, PetroLuxus, and internal capital formation.

Big Question:
Since December 30th 2010, what has happened in regards to the litigation between the Company & Kent Weisenberger/Inspar Field Services LLC?


Seven months have passed now>>>

HOUSTON , Jan. 5, 2011 /PRNewswire/ -- Planet Resource Recovery, Inc. (Pink Sheets: PRRY) announced today that Mr. Michael Louis Minns of the Minns Law Firm, has agreed to represent the Company in the litigation between the Company and Kent Weisenberg/Inspar Field Services LLC. Planet was officially served with a Civil Suit on December 30, 2010. http://ih.advfn.com/p.php?pid=nmona&article=45887461
Planet Resource Recovery, Inc. Files Response and Counterclaim to Inspar/Weisenberg Complaint
Date : 01/25/2011 @ 12:33PM Source : PR Newswire
http://ih.advfn.com/p.php?pid=nmona&article=46160787
Planet Resource Recovery, Inc. (Pink Sheets: PRRY) announced today that the Company's legal team led by Mr. Michael Louis Minns of the Minns Law Firm, has filed a response and counterclaim against Kent Weisenberg/Inspar Field Services, LLC for the intentional damage to the Company's share value. The Company filed a Motion to Dismiss in Federal Court on January 20, 2011 and filed its Answers and Counterclaims on January 21, 2011. Planet was served with a Civil Suit initiated by Weisenberg/Inspar Field Services, LLC on December 30, 2010.

http://investorshub.advfn.com/boards/board.aspx?board_id=8618
A few interesting posts & Replies:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62331355
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63002056
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63492697
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60033620


I'm calling this from current level too .03 / .04 within a short period of time.

Carefully read the last two news items.

If you want to comment please use the home thread> http://investorshub.advfn.com/boards/board.aspx?board_id=8618

FYI JMO

DD_YOU

SuperC








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