Planet Resource Recovery (PK) (USOTC:PRRY)
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Planet Resource Recovery, Inc. (Pink Sheets:PRRY), developer,
manufacturer and marketer of PetroLuxus™,
announced today that the company has retained PiedmontIR, LLC to provide
an investor relations and financial communications program designed to
increase Planet Resource Recovery’s visibility
to the investment community.
PiedmontIR, LLC, a full service financial communications and investor
relations firm, provides strategic advisory services to emerging small
cap and mid cap public companies by specifically designing programs
suited to each individual client’s needs and
requirements. PiedmontIR has designed an active and well-organized stock
marketing program for Planet Resource Recovery, Inc. PiedmontIR, LLC
will help the company increase its visibility in the equity markets,
improve trading volume, provide greater access to capital markets
and enhance the credibility of the company’s
business model.
“After visiting Planet Resource Recovery’s
facilities in Texas, visiting with management and viewing PetroLuxus™
in action, we are impressed. We are very eager to launch the investor
awareness program,” stated R. Keith Fetter,
President of PiedmontIR. He continued, “The
product’s potential in the Oil & Gas market
is substantial. With today’s price of oil and
PetroLuxus’ effect on oil, this is the type
of company investors look for.”
Kurt Neubauer, President & CEO of Planet Resource Recovery stated, “After
considerable due diligence of numerous candidates, PiedmontIR stood out.
They have an impressive track record in bringing investor visibility to
client companies. PiedmontIR will be a crucial team player for Planet
Resource Recovery, while we continue to execute our business strategies.”
About PiedmontIR, LLC
PiedmontIR, LLC is a leading independent investor relations firm.
Founded with over 30 years of experience by successful Wall Street
professionals, the firm provides public companies with active and
well-organized stock marketing programs to help them attain key business
goals -- such as enhancing their visibility before the equity markets,
positioning complex financial transactions and coping with critical
corporate issues.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is an innovative PetroChemical/Oil
Services company that has developed a proprietary,
environmentally-friendly chemical that dislodges hydrocarbons in
practically all natural and man-made environments. The company’s
flagship product, PetroLuxus™, and its
derivative product lines have a strong affinity and rapid dispersement
qualities to break hydrocarbon chains on a molecular level for
cost-effective remediation and recovery of petroleum products. The
company’s prospective markets for remediation
and recovery include: oil tank farm cleaning, marine ship cleaning, oil
sludge pits, contaminated soil/oil spills, biodiesel, waste oil
segregation, heavy oil, tar sands, and Enhanced Oil Recovery, to name a
few. Planet Resource Recovery’s pilot
manufacturing plant is fully operational with PetroLuxus™
ready for commercialization.
For an audio/visual demonstration of PetroLuxus™,
click on the link below. http://www.planetresource.net/test76u31b.htm.
For more information please visit www.planetresource.net.
"Safe Harbor" Statement: Certain 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
cause actual results to materially differ from forward-looking
statements include, but are not limited to, the Company's ability to
meet the terms and conditions required to obtain its project financing,
risks and delays associated with product development, risk of market
acceptance of new products, risk of technology or product obsolescence,
competitive risks, reliance on development partners and the need for
additional capital.