First of all I want to say that the first Webinar was successful. Finally some questions are answered. But let see what we can expect this and next months:

Kentucky: Since June 1 drilled 8 wells . Each Producing 250 McF/day. Working on 9th well. Completion going on now. Drilling ahead about 3 wells per month with completions to follow. Income at the moment: 300.000 USD/month. On the end of the summer should be 1.000.000 USD/month.

Tennessee: 4 Kenners will go online next two weeks. There has to be installed a more powerful compressor.

Wyoming: Production starts next week!

All together: More than 30 drilling points at the moment.

TPU: Selling of TPU rights will bring in 10.000 USD/month at the moment. Soon PLTG will sell another licence that will bring even more cash to company. At the moment they are developing a smaller edition of TPU in collaboration with a company in TX. PLTG has the exclusive rights in 25 Counties of the USA for the TPU.

Some other important points: Break even for operative costs at the end of september . Global marketing from 2009. During the Webinar PLTG got one question from Argentina from Mr. Jochen L. that worked for one big oil company from Argentina and he asked if PLTG can sell also some TPU to Argentina.

Some other informations out of the PPP:

- Appalachina Energy reserves: 69 Mill USD (PV10)
- All reserves:
* 24 BCF nat. gas
* 1.8 Mill. Barrels of oil
Decrease per year: 5%

- Some ambitions for the future:
* AMEX listing
* Financing by an Private Equity Fund
* Selling of some wells

Next Webinar will be at 08/20/08 mostly for US Investors.

Here I will also copy last part of Mr Thornton letter:

My own personal belief is that this Company has numerous accomplishments as well as a very bright future because of Mr. Merriam. As far as the price per share, what the market does is not within anyone's control. The recent downturn can be attributed to short selling and perhaps the general downturn in the oil and gas industry. Despite the market conditions which has been the same for Platina for some months now, we are making great progress in the field as well as recently having increased our oil and gas assets. As you know from previous press releases, our drilling program in Tennessee and Kentucky has been a great success and we have only begun to generate revenues. If you are a shareholder, you will be receiving a shareholder letter soon and I think you will be pleased with the progress being reported. Regards, Daniel W. Thornton

So now you have all needed information about this stock for this month and next months. Everything is great, we will have news from Kentucky, Tennessee and Wyoming and next 10-QSB which will be also this month and 10-QSB will be very important for the future of this great stock. I am satisfied with the progress of PLTG and information received from the Webinar. I will not watch this stock any more this month and I will come back in September, if you want to buy this stock this is the best time to buy before September in which we will see higher trading range for PLTG stock. This month is very quiet month and not so interesting for sp. If you are long this is the best time to buy this stock and then come back in September. So, happy green days and weeks in this month and see you in September!

Long and strong on pltg!!!