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speckulater

02/10/07 5:36 PM

#57 RE: Tenderloin #56

Re: Number of Shares

As far as number of shares, apparently you did not read post # 7 Capital Structure. Here are numbers I got from PLRO Investor Relations AFTER THE CLOSING:

Authorized = 400 million Shares
Outstanding = 75 million Shares
Approximate Float = 20 million Shares

You are correct this is not official yet, since the merger is not closed. In my readings It also looks like there might be 5 million Preferred shares and possibly 2 million warrants. So it MIGHT total 102 million shares totally diluted. Not sure, it is confusing at this stage.

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speckulater

02/10/07 6:05 PM

#58 RE: Tenderloin #56

Re: Competition

* many oil and additive companies are developing oils that are low emission/ non catalytic convertor killers. In Europe a few are showing up now. *

This is from the PLRO Research Works Report Page 9:

Company management states that it is not aware of any other company that has advanced ZDDP-reducing technology to the same degree as PLRO or any other compound that has the same properties as TechroBond. The compound appears to be the front-runner to replace ZDDP as new motor oil standards are implemented.

From the PLRO Website:

Management believes TechroBond is the only commercially viable solution to meaningfully reduce ZDDP.

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Remember PLRO has 57 Patents Issued and Pending, including Europe.

Tenderloin
Please give links for the companies that you state are showing up in Europe with products now, we would like to reasearch these for ourselves.

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