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Last $0.03 USD
Change Today -0.0019 / -7.04%
Volume 52.2K
PRRY On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 04/1/15 All times are local (Market data is delayed by at least 15 minutes).

planet resource recovery inc (PRRY) Snapshot

Open
$0.03
Previous Close
$0.03
Day High
$0.03
Day Low
$0.03
52 Week High
04/3/14 - $0.05
52 Week Low
10/8/14 - $0.02
Market Cap
2.0M
Average Volume 10 Days
106.4K
EPS TTM
--
Shares Outstanding
78.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PLANET RESOURCE RECOVERY INC (PRRY)

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planet resource recovery inc (PRRY) Details

Planet Resource Recovery, Inc. develops, manufactures, and markets environmentally safe solutions. Its technologies include PetroLuxus family of products for the oil and gas, and environmental industry; and AquaLuxus for the water industry. The company was founded in 2005 and is based in Pearland, Texas.

Founded in 2005

planet resource recovery inc (PRRY) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

planet resource recovery inc (PRRY) Key Developments

Planet Resource Recovery, Inc. Receives Exceptional 90-Day Results

Planet Resource Recovery, Inc. announced that the company has received exceptional 90-day results and pump rate increases from irrigation water wells treated with AquaLuxus WC on various farms in the Mesilla Valley in New Mexico. In early November, the Company's authorized AquaLuxus WC dealer in New Mexico, Gobao Enterprises, coordinated AquaLuxus WC treatments on different farms in the Mesilla Valley. Working in conjunction with the company's Colorado dealer, NWP Consulting, irrigation water wells were treated on Lack Farms, Porter Farms, Adams Produce and Ponderosa Farms. A total of 7 wells were treated varying in size and volume of water production. The Mesilla Valley, home of the famous Hatch Chili, is a fertile agricultural area that extends from Radium Springs, New Mexico to the west side of El Paso, Texas, encompassing more than 82,000 acres of irrigated land. Farmers in the area grow onions, pecans, alfalfa, lettuce, cabbage, sweet potatoes, wheat, cotton and other fruits and vegetables. Due to the climate, the Mesilla Valley has a long growing season starting in April with the harvesting of lettuce and ending the season in January with pecans. This long growing season makes the performance of irrigation wells and the need for plentiful water crucial to the growers. Farmers where the AquaLuxus WC was used to treat their water wells are reporting exceptional results after the first 90 days since treatment. After AquaLuxus WC (Well Clean) treatments, pump rate increases are being reported of well production increasing from 300-400 gpm (gallons per minute) to over 700-900 gpm or greater. One well treated is pumping greater than 1,000 gpm Reports also indicate that the water quality has improved and is much cleaner. All of the farmers are very pleased with the results thus far and in talks with Gobao Enterprises to treat additional water wells. One farm is so pleased with the results, they are negotiating to treat an additional ten water wells with AquaLuxus WC.

Planet Resource Recovery, Inc. Appoints Carlos Uresti to its Advisory Board

Planet Resource Recovery, Inc. has expanded its Advisory Board with the addition of Texas State Senator Carlos Uresti. Senator Carlos Uresti is a prominent San Antonio attorney with 20 years of experience who has 17 years of elected public office in both the State House of Representatives and the Texas Senate. He represents over 800,000 people, in one of the districts in the U.S. covering more than 35,000 square miles.

Planet Resource Recovery, Inc. Announces Unaudited Earnings Results for the Nine Months Ended September 30, 2014

Planet Resource Recovery, Inc. announced unaudited earnings results for the nine months ended September 30, 2014. For the period, the company's sales revenues were $639,570 when compared to sales revenue of $265,457 for the twelve month period ended December 31, 2013. That is an increase of 240% over the full year 2013. Net Income was $75,000 versus a net loss of $210,989 for twelve months of fiscal 2013.

 

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Valuation PRRY Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 35.3x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 42.0x
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