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Pink Sheets: Planet Resource Recovery, Inc. (PRRY) financial news, and detailed stock charts

Planet Resource Recovery, Inc. (PRRY/PRRY.PK) Penny Stock Summary:

Planet Resource Recovery, Inc., a petrochemical/oil services company, develops a proprietary chemical that dislodges hydrocarbons in natural and man-made environments. The company’s flagship product, PetroLuxus, and its derivative product lines have qualities to break hydrocarbon chains on a molecular level for cost-effective remediation and recovery of petroleum and petroleum-based materials. Its prospective markets for remediation and recovery include oil tank farm cleaning, marine ship cleaning, oil sludge pits, contaminated soil/oil spills, bio-diesel, waste oil segregation, heavy oil, tar sands, and enhanced oil recovery. The company was founded in 2005 and is based in Houston, Texas.
www.planetresource.net
Founded in 2005

PLANET RESOURCE RECOVERY INC (PRRY:OTC)

LAST $0.07 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of 8:10 PM 01/28/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of PLANET RESOURCE RECOVERY INC (PRRY)

OPEN
$0.07
PREVIOUS CLOSE
$0.07
DAY HIGH
$0.07
DAY LOW
$0.07
52 WEEK HIGH
03/4/09 - $0.28
52 WEEK LOW
01/21/10 - $0.06
MARKET CAP
5.5M
AVERAGE VOLUME 10 D
48.1K
EPS TTM
--
SHARES OUTSTANDING
78.4M
PRRY Does Not Pay Dividends
P/E TTM
--
K = Thousands  M = Millions  B = Billions

Key developments for PLANET RESOURCE RECOVERY INC (PRRY)

Recovery Enters into Joint Venture Agreement with MidWest General

Planet Resource Recovery, Inc. announced that the company has entered into a Joint Venture agreement with MidWest General, LLC to provide funding on multiple Planet Resource Recovery mining and remediation projects. Through the Joint Venture Agreement, Planet will provide its proprietary Green technologies and expertise while MidWest General will provide capital funding, construction, construction management and on-site operational oversight on mining, environmental remediation and other projects. Planet has spent the last year continuing to complete R&D efforts on its PetroLuxus(TM) technologies while also developing new green technologies for the mining and remediation of metals. The mining and remediation R&D efforts were embarked upon as the result of observations of the effects of PetroLuxus(TM) and other compounds on metals in crude oil. As 2009 comes to a close, Planet is ready to deploy the new mining and remediation technologies in 2010 and will be introducing new PetroLuxus(TM) technologies for the Oil & Gas industry.

Planet Resource Recovery Appoints Dr. Harold R. Potts as Director of Technology

Planet Resource Recovery Inc. announced the appointment of Dr. Harold R. Potts as Director of Technology. Dr. Potts has worked with PLANET in a consultant capacity on new green technologies and methodologies for the mining of base and precious metals as well as the remediation environmentally toxic metal. As Director of Technology for PLANET, he will be responsible for the design, development, proof of concept completion, patenting of proprietary chemical compounds, processes & methodologies and on-site equipment scale-up and installation. He will also collaborate on new applications for PLANET's hydrocarbon product--PetroLuxus(TM).

Emil Pena Joins Planet Resource Recovery Inc.'s Advisory Board

Planet Resource Recovery Inc. announced the appointment of Mr. Emil Pena to the company's advisory board. Mr. Pena is also President and CEO of GENERATION POWER Inc. Mr. Pena served in the U.S. Department of Energy as the Deputy Assistant Secretary for the Office of Natural Gas and Petroleum Technology, Office of Fossil Energy.

Planet Resource Recovery, Inc. financial resources

otc, otcbb, pinksheet, PRRY, ob Planet Resource Recovery, Inc.

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Valuation PRRY Industry Range
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Price/Sales 77.6x
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TEV/Sales 74.7x

PRRY

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Pink Sheets: More Recent Financial News About Planet Resource Recovery, Inc.

Planet Resource Recovery Enters Into Joint-Venture Agreement to Develop and Operate Mine in Bolivia With Franklin Mining

Quote:
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Planet Resource Recovery Presents at FSX Show in Dallas

Quote: FSX is one of the most reputable and established national alliances in the country for independent broker/dealers and their firms.FSX has a nationwide network of independent broker/dealers and sponsor organizations. To date, more than $2.8 billion has been raised for presenting companies through the FSX network.About Planet Resource Recovery, Inc.www.planetresource.comwww.petroluxus.com.Safe Harbor StatementCertain statements in this release are "forward-looking" statements as defined in the Pri...
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Planet Resource Recovery Retains A.S. Austin Company as Investor Relations Advisors

Quote: This allows client companies to increase sales volume and thereby increase revenues.About Planet Resource Recovery, Inc.www.planetresource.comwww.petroluxus.com.Safe Harbor StatementCertain statements in this release are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could ca...
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Feature Article on Planet Resource Recovery's Oil Field Products Published in Midland Reporter-Telegram

Quote: Kurt Neubauer, President and CEO of Planet Resource Recovery to discuss PetroLuxus(TM) WC 100 Corrosion Control and the impact it can have on the Oil & Gas Industry. Corrosion in the Oil Patch is a major problem which is the primary reason for equipment failure in the field resulting in increased equipment downtime, maintenance cost while reducing production.According to the National Corrosion Center at Rice University, Corrosion in the US alone is a $276 Billion problem yearly.About Planet Reso...
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Planet Resource Recovery Enters Into Joint Venture Agreement With Project Funding and Construction Partner

Quote: PRRYNews), developer, manufacturer and marketer of PetroLuxus(TM) and other "Green" technologies for the remediation and recovery of the planet's resources, is pleased to announce that the company has entered into a Joint Venture agreement with MidWest General, LLC to provide funding on multiple Planet Resource Recovery mining and remediation projects. Through the Joint Venture Agreement, Planet will provide its proprietary Green technologies and expertise while MidWest General will provide capi...
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Planet Resource Recovery, Inc. Prepares for Patent Application of New Technology

Quote: This application for intellectual property rights protection represents a major milestone for the company as it will be the first technology patented and protected.About Planet Resource Recovery, Inc.www.planetresource.comwww.petroluxus.com.Safe Harbor StatementCertain statements in this release are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly...
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Glenn McGinnis, CEO Arizona Clean Fuels Yuma, Joins Advisory Board - Planet Resource Recovery, Incorporated

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Energy and Environmental Industry Expert Joins Planet Resource Recovery, Inc.'s Advisory Board

Quote: I look forward to working with the Planet team and advising Planet with the further development and commercialization of their products into the numerous markets."Chairman of the Board and CEO of Planet Resource Recovery, Inc. stated, "Emil brings a wealth of experience in the Energy, Environmental and Governmental Affairs sectors. He brings to Planet a notable list of industry contacts that can utilize PetroLuxus and other company developed products. I am excited that Emil as accepted to join o...
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Planet Resource Recovery, Inc. and El Capitan Precious Metals, Inc. Execute Memorandum for 7000 Acre "Enhanced Mining" Project in New Mexico

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Planet Resource Recovery Chairman and CEO Issues Shareholder Update Letter

Quote: Years of development of our core technology, PetroLuxus(TM), has opened the door to numerous new green technologies and applications which will be environmentally friendly and economically beneficial technologies that we anticipate will change many of the existing technologies in the remediation and recovery of commodities on a worldwide basis.We originally launched Planet Resource Recovery with the goal to develop and commercialize our green technology, PetroLuxus(TM), for the recovery of hydro...
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Planet Resource Recovery Appoints Ph.D of Applied Physics as Director of Technology

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Planet Resource Recovery and Franklin Mining Enter Into MOU to Deploy Planet's Green Enhanced Mining Technologies

Quote: Franklin also operates Bolivia's San Antonio de Turiri, a privately owned antimony mine.The MOU calls for a three-phase scale up:Phase I - consists of applying PLANET's metal recovery to multiple 10 lb samples of FRANKLIN gravity concentrated ore samples and assay resulting byproducts at commercial labs.Phase II - Upon successful completion, PLANET and FRANKLIN address the issues of equipment requirements.Phase III - Upon successful deployment and completion of the recovery and joint sale of ove...
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Planet Resource Recovery Inc. CEO Interviewed on Wall Street Reporter

Quote: Wall Street Reporter's interviews are in-depth, unbiased, unfiltered and deliver a first-hand, straight-from-the-source perspective, enabling their members to make intelligent and informed investment decisions.About Planet Resource Recovery, Inc.www.planetresource.comwww.petroluxus.com.www.planetresource.netSafe Harbor StatementCertain statements in this release are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to num...
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Planet Resource Recovery Realigns Technology Development Department

Quote: Smallwood oversaw the early stage development of PetroLuxus(TM).Planet Resource Recovery retains all intellectual rights for the development of PetroLuxus(TM) and other technologies. Dr. Potts will now complete the development to broaden the commercialization of PetroLuxus(TM) for the Oil & Gas Industry while bringing the company's metals and remediation technologies to completion and patenting.About Planet Resource Recovery, Inc.www.planetresource.comwww.petroluxus.com.Safe Harbor StatementCert...
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Planet Resource Recovery, Inc. Successfully Proves New Technology to Remediate Cadmium Laced Water

Quote: The company anticipates filing for protection of Intellectual Property rights for the newly designed reactor vessels and process controls.Further testing will be conducted in the near future on other common toxic metals of mercury, lead and zinc.About Planet Resource Recovery, Inc.www.planetresource.comwww.petroluxus.com.Safe Harbor StatementCertain statements in this release are "forward-lo......
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