UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                              (AMENDMENT NUMBER 1)

           INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
            RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13d-2(b)

                                 PLANETOUT INC.
                                (Name of Issuer)

                                  Common Stock
                         (Title of Class of Securities)

                                   727058 10 9
                                 (CUSIP Number)

                                December 7, 2005
             (Date of Event which Requires Filing of this Statement)

     Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

      |_|   Rule 13d-1(b)

      |X|   Rule 13d-1(c)

      |_|   Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).



CUSIP No. 727058 10 9              SCHEDULE 13G                      Page 2 of 9

--------------------------------------------------------------------------------
1.   NAME OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     Petunia Resources, Ltd.
     n/a
--------------------------------------------------------------------------------
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                 (a)  |_|
                                                                 (b)  |_|
--------------------------------------------------------------------------------
3.   SEC USE ONLY


--------------------------------------------------------------------------------
4.   CITIZENSHIP OR PLACE OF ORGANIZATION

     Canada
--------------------------------------------------------------------------------
  NUMBER OF    5.   SOLE VOTING POWER

   SHARES           0
               -----------------------------------------------------------------
BENEFICIALLY   6.   SHARED VOTING POWER

  OWNED BY          827,195
               -----------------------------------------------------------------
    EACH       7.   SOLE DISPOSITIVE POWER

  REPORTING         0
               -----------------------------------------------------------------
   PERSON      8.   SHARED DISPOSITIVE POWER

    WITH            827,195
--------------------------------------------------------------------------------
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     827,195
--------------------------------------------------------------------------------
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          |_|
--------------------------------------------------------------------------------
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     4.80%
--------------------------------------------------------------------------------
12.  TYPE OF REPORTING PERSON*

     OO
--------------------------------------------------------------------------------



CUSIP No. 727058 10 9              SCHEDULE 13G                      Page 3 of 9

--------------------------------------------------------------------------------
1.   NAME OF REPORTING PERSONS
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

     Peter A. Allard
--------------------------------------------------------------------------------
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                                 (a)  |_|
                                                                 (b)  |_|
--------------------------------------------------------------------------------
3.   SEC USE ONLY


--------------------------------------------------------------------------------
4.   CITIZENSHIP OR PLACE OF ORGANIZATION

     Canada
--------------------------------------------------------------------------------
  NUMBER OF    5.   SOLE VOTING POWER

   SHARES           16,454
               -----------------------------------------------------------------
BENEFICIALLY   6.   SHARED VOTING POWER

  OWNED BY          827,195
               -----------------------------------------------------------------
    EACH       7.   SOLE DISPOSITIVE POWER

  REPORTING         16,454
               -----------------------------------------------------------------
   PERSON      8.   SHARED DISPOSITIVE POWER

    WITH            827,195
--------------------------------------------------------------------------------
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     843,649
--------------------------------------------------------------------------------
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          |_|
--------------------------------------------------------------------------------
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     4.89%
--------------------------------------------------------------------------------
12.  TYPE OF REPORTING PERSON*

     IN
--------------------------------------------------------------------------------


CUSIP No. 727058 10 9              SCHEDULE 13G                      Page 4 of 9


Item 1(a).  Name of Issuer:

            PlanetOut Inc.

Item 1(b).  Address of Issuer's Principal Executive Offices:

            1355 Sansome Street, San Francisco, CA 94111

Item 2(a).  Names of Persons Filing:

            Petunia Resources, Ltd. and Peter A. Allard.

Item 2(b).  Address of Principal Business Office or, if none, Residence:

            Seview, Chancery Lane, Christ Church, Barbadis, W.I.

Item 2(c).  Citizenship:

            See Item 4 of the cover page for each filer.

Item 2(d).  Title of Class of Securities:

            This statement relates to the shares of common stock of the issuer.

Item 2(e).  CUSIP Number:

            727058 10 9

Item 3.     If this statement is filed pursuant to ss.ss. 240.13d-1(b) or
            240.13d-2(b) or (c), check whether the person filing is a:

      (a) |_| Broker or dealer registered under section 15 of the Act (15 U.S.C.
      78o).

      (b) |_| Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

      (c) |_| Insurance company as defined in section 3(a)(19) of the Act (15
      U.S.C. 78c).

      (d) |_| Investment company registered under section 8 of the Investment
      Company Act of 1940 (15 U.S.C. 80a-8).

      (e) |_| An investment adviser in accordance with ss.
      240.13d-1(b)(1)(ii)(E);

      (f) |_| An employee benefit plan or endowment fund in accordance with ss.
      240.13d-1(b)(1)(ii)(F);


CUSIP No. 727058 10 9              SCHEDULE 13G                      Page 5 of 9


      (g) |_| A parent holding company or control person in accordance with ss.
      240.13d-1(b)(1)(ii)(G);

      (h) |_| A savings associations as defined in Section 3(b) of the Federal
      Deposit Insurance Act (12 U.S.C. 1813);

      (i) |_| A church plan that is excluded from the definition of an
      investment company under section 3(c)(14) of the Investment Company Act of
      1940 (15 U.S.C. 80a-3);

      (j) |_| Group, in accordance with ss. 240.13d-1(b)(1)(ii)(J).

Item 4.     Ownership.

            See Items 5-9 and 11 of the cover page for each Filer.

Item 5.     Ownership of Five Percent or Less of a Class.

            If this statement is being filed to report the fact that as of the
            date hereof the reporting person has ceased to be the beneficial
            owner of more than five percent of the class of securities, check
            the following |X|.

Item 6.     Ownership of More Than Five Percent on Behalf of Another Person.

            Not applicable.

Item 7.     Identification and Classification of the Subsidiary Which Acquired
            the Security Being Reported on by the Parent Holding Company.

            Not applicable.

Item 8.     Identification and Classification of Members of the Group.

            Not applicable.

Item 9.     Notice of Dissolution of Group.

            Not applicable.

Item 10.    Certifications.

            By signing below, each of the signatories certifies that, to the
best of its knowledge and belief, the securities referred to above were acquired
and are held in the ordinary course of business and were not acquired and are
not held for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not held
in connection with or as a participant in any transaction having that purpose or
effect.


CUSIP No. 727058 10 9              SCHEDULE 13G                      Page 6 of 9


                                   Signatures

            After reasonable inquiry and to the best of its knowledge and
belief, each of the signatories certifies that the information set forth in this
statement is true, complete and correct.

Dated: January 10, 2006

PETUNIA RESOURCES, LTD.


By:  /s/ Peter A. Allard                        /s/ Peter  A. Allard
     ---------------------------------          -----------------------------
     Peter A. Allard                            Peter A. Allard


CUSIP No. 727058 10 9              SCHEDULE 13G                      Page 7 of 9


                                    EXHIBIT A

                            JOINT FILING UNDERTAKING

            The undersigned, being authorized thereunto, hereby execute this
agreement as an exhibit to this Schedule 13G to evidence the agreement of the
below-named parties, in accordance with rules promulgated pursuant to the
Securities Exchange Act of 1934, to file this Schedule, as it may be amended,
jointly on behalf of each of such parties.

Dated: January 10, 2006                        PETUNIA RESOURCES, LTD.


                                               By: /s/ Peter A. Allard
                                                   -----------------------------
                                                   Peter A. Allard

                                               PETER A. ALLARD


                                               /s/ Peter A. Allard
                                               ---------------------------------
                                               Peter A. Allard