PRRY Planet Resource Recovery Inc (PK)

HOUSTON, Nov. 17, 2010 /PRNewswire-FirstCall/ -- Planet Resource Recovery, Inc. (Pink Sheets: PRRY) is pleased to announce that the company has completed financial statements for the Nine-month period ending September 30, 2010. The unaudited financial statements are available on the company's website and www.Pinksheets.com.

Planet Resource Recovery CEO Kurt E. Neubauer stated, "The completion of these financials is another step in the process to elevate the company for a higher standing on OTC Markets Exchange. We will continue the process in the most expeditious manner for the filings of the Company. We will publish press releases as these actions are completed."

About Planet Resource Recovery, Inc.

Planet Resource Recovery, Inc. is "Spearheading the Charge for the Maximum Economic Recovery of our Planet's Resources through New-Age Technology and Products." The company develops, manufactures, and markets products, processes and technologies based on scientific research and understanding of silicon and siloxane sciences to enhance the recovery of the planet's resources including metals, minerals and hydrocarbons and to provide enhanced coatings resistant to metal corrosion. Our goal is to create new methodologies to optimize Oil & Gas production, maximize the harvesting of base and precious metals, the remediation of toxic heavy metal environmental contamination and the reduction or elimination of corrosion of metal through the use of proprietary with breakthrough technologies utilizing advanced science and chemistry to increase efficiencies, reduce costs, protect the environment and resources.

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. 

Presently, the company is primarily focused on four distinct markets: 1) Oil & Gas Industry, 2) Remediation of industry toxic metals & byproducts, 3) Mining of base and precious metals and 4) Metal Corrosion Industry. The company has developed the proprietary compounds and is currently developing their related processes that will result in new technologies and methodologies for industry. For more information visit: www.planetresource.net.

"Safe Harbor Statement"

Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report for the year ended December. 31, 2009, the Company's Quarterly Report for the Third quarter ended September 30, 2010. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.

SOURCE Planet Resource Recovery, Inc.