HOUSTON, TX--(Marketwire - August 3, 2010) - Planet Resource Recovery, Inc. (
Included in the corporate charter granted by Bolivian Authorities, Raptor has the right to import and export products and raw materials including oil and gas in and out of Bolivia. This opens the door for Raptor Ventures to export its antimony and other raw material production from its mining operations to the international marketplace. Raptor will additionally commence the importation of PetroLuxus™ and other Oil & Gas related products for entry into the Bolivian oil and gas Industry.
Planet Resource CEO, Kurt Neubauer, in a statement said, "The import-export license is very important because they are very hard to procure -- they are not easily obtainable -- and with this import-export license, we have the right, to not only export our antimony production, but also gas and oil products. We have already been contacted by other companies that want to work with us to export products out of Bolivia. We expect our antimony mine operations to be up and running within the next seven to ten days. I will update you with the opening of the operational mine."
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 Products and Technologies!" Technologies developed for and marketed, is the 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. The thrust 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. The development of 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 First quarter ended March 31, 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.
Contact Information:
Contact:
Planet Resource Recovery, Inc.
Investor Relations:
Jillian Young
1-877-878-5333