Planet Resource Recovery, Inc. Retains GBH CPAs, PC to Conduct SEC Compliant Audit
April 23 2010 - 8:48AM
Marketwired
Planet Resource Recovery, Inc. (PLANET) (PINKSHEETS: PRRY),
developer, manufacturer and marketer of PetroLuxus™ and other
"Green" technologies for the remediation and recovery of the
planet's resources, announced today that the company has retained
GBH CPAs, PC as its registered independent public accounting firm.
GBH has commenced the financial audit for the last two years of
operations of PLANET.
GBH CPAs, PC is a Houston-based SEC audit firm whose focus is
delivering audit, tax and advisory services to small and medium
publicly-traded and private companies. Their audit focus delivers
the most cost-effective audit through professionals trained to meet
their clients' specific reporting requirements. GBH's management
team began their careers with the Big 4 accounting firms. For more
information on GBH visit their website at
http://www.gbhcpas.com/.
Concurrently, PLANET's SEC legal counsel, The Loev Law Firm, PC,
is preparing the required SEC legal documentation to initiate the
company's filing of an S-1 Registration filing.
Upon completion of the audited financials and the S-1
Registration, the company will submit to the governing authority so
at that is it will be fully reporting and may be elevated to a
higher exchange.
About Planet Resource Recovery, Inc.
Houston, Texas-based Planet Resource Recovery, Inc. is the
developer, manufacturer, and marketer of unique, environmentally
friendly proprietary chemical compounds and processes that will
usher in a new paradigm shift in industry. The company is primarily
focused on three distinct sectors: 1) Oil & Gas Industry with
PetroLuxus™, 2) Remediation of mining toxic byproducts and 3)
mining of base and precious metals. The company has developed
multi-dimensional compounds and their related processes,
technologies and methodologies to provide these sectors enhanced
benefits and revenue opportunities. For more information visit:
www.planetresource.com or www.petroluxus.com.
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. Planet takes no obligation to update or correct
forward-looking statements, and also takes no obligation to update
or correct information prepared by third parties that are not paid
for by Planet.
Media Contact: Rod Mitchell 281-350-5506 Email Contact A.S.
Austin Company 858-537-7439 Email Contact
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