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JBII - JBI Inc - Page 6

post #101 of 452
Video Notes:

FYI, 1 Kilo of plastic was expected to take 4 hours to process. The actual time it takes is 15 minutes. 15 metric tons of plastic are expected to take less then 2 hours to process. Confidential data has been protected with John's hand

The chemical analysis will be released after the data has been confirmed by an independent lab. As is, and based on JBI's own analysis, the diesel extracted from plastic is more pure then the actual diesel.

The large stacks of tapes that are ready to process can be seen in the background.

z
post #102 of 452
NASA Baby....



Millions of tapes at $22 a pop: TRTN gonna be raking it in:

http://investorshub.advfn.com/boards...board_id=15341

z
post #103 of 452
Hmmmmmmm.................


facilitate two future acquisitions that align with 310 Holdings Inc.'s growth model.


http://finance.yahoo.com/news/310-Ho....html?x=0&.v=1


z
post #104 of 452
310 Holdings Inc. Announces an Impending Letter of Intent

NIAGARA FALLS, Ontario, Aug. 10, 2009 (GLOBE NEWSWIRE) -- 310 Holdings Inc. (OTCBB:TRTN - News) has completed its due diligence analysis on a profitable chemical company and anticipates executing a Letter of Intent for its impending acquisition in the immediate future. This well-managed company currently has annualized revenues in excess of $7 million, is growing at a robust rate and has already exceeded revenues by 41% compared to the last fiscal year. Its customer base includes many prominent national and local retailers. No difficulties with financing or integration planning are anticipated. Full details will be announced upon completion of the LOI.

John Bordynuik, 310 Holdings Inc. President and CEO, stated, "We feel that this acquisition will be a perfect complement to our growth model as demand for its patented and proven product is expected to continue to accelerate, while maintaining an excellent profit margin. Also, we will be able to share chemists, marketing, and sales teams, as well as have an additional site with ample room to set up Plastic 2 Oil processors. Our Company will continue to focus on our strong internal growth divisions as well as make synergistic acquisitions that will dynamically grow shareholder value, while creating a win-win situation for all participants."

A detailed announcement on the Company's Plastic 2 Oil division will be forthcoming shortly.

About 310 Holdings Inc.

John Bordynuik purchased 63% of the issued and outstanding shares of 310 Holdings on April 23, 2009. Subsequently, John Bordynuik was appointed President and CEO of the Company.

On July 16, 2009, 310 Holdings Inc. acquired certain assets of John Bordynuik Inc., including all of its intellectual property, its custom tape processing hardware, its Swahili data migration system, fixed assets, and its current customer base subject to certain closing conditions and adjustments.

For more information, please see http://www.310holdings.com and http://www.johnbordynuik.com.


z
post #105 of 452

TRTN. Amazing News: 310 Holdings Inc. Provides an Update On Their P20 Process

NIAGARA FALLS, Ontario, Aug. 11, 2009 (GLOBE NEWSWIRE) -- 310 Holdings Inc. (OTCBB:TRTN - News) has received confirmation from RS Marine that their initial Plastic to Oil processor will arrive at port on August 16, 2009 in two 40-foot shipping containers and will then be shipped by rail and truck to the first processing site. An engineer is coming from China to assist with assembly and operation. Assembly of the processor is estimated to take approximately 3 weeks, and the machine will then be retrofitted with the Company's catalyst system as soon as it is functional.

Initial test results have been extremely positive. A number of different plastics, including ground up tape plastic from the 1960s, have been tested. Gasoline and diesel fuels, acquired from local gas stations, were also tested and used as a control sample. The very encouraging results determined that 1 liter of Octane, with better than an 85% yield, could be produced in just 15 minutes.

John Bordynuik, 310 Holdings Inc. President and CEO, commented, "We are very excited about these results and look forward to operating our first large processor in the United States and, moreover, we feel that we can provide a viable solution to the world's plastic recycling problem with our revolutionary technology. Since it takes plastic some 500 years to photodegrade in landfills, our P2O process will help to minimize that problem, while providing essential fuel for consumers."

To date, the Company has received numerous sample plastics from various sources, including a large auto manufacturer in Windsor, Canada. 310 Holdings, Inc. is then able to analyze yield, quality, and other factors to determine which plastics will maximize profitability.

Management has found no lack of raw source material for free, since there is a vast quantity of unrecyclable plastic that currently costs the suppliers and municipalities $80 or more per ton to dispose of in landfill in addition to potentially expensive transportation costs.

Also, upon the completion and closing of the chemical company acquisition, the Company will be able to use this facility for production of their catalyst in a sealed plastic container for deployment to new sites, while also producing smaller packets to "top up" the catalyst in operating facilities. The shared resources would include a team of highly skilled acquisition executives, a chemistry lab and QC lab, a proven marketing and sales team, a knowledgeable staff, and a site on which to run a P2O processor.

http://finance.yahoo.com/news/310-Ho....html?x=0&.v=1

z
post #106 of 452
Are you in Zard?
post #107 of 452
Quote:
Originally Posted by junzhangyankees View Post
Are you in Zard?
Am I in?.......I am ALL IN.........90% of portfolio......this is the best company I've EVER found.........in 37 years of trading dude.............z
post #108 of 452
Quote:
Originally Posted by zardiw View Post
Am I in?.......I am ALL IN.........90% of portfolio......this is the best company I've EVER found.........in 37 years of trading dude.............z
BOLD
statement
post #109 of 452
Quote:
Originally Posted by cracity View Post
BOLD
statement

TRTN is a NO BRAINER:


TRTN Checklist

1. Current Filings - Check
2. Audited Financials - Check
3. Low share structure - 53M - Check
4. UnGagged TA - Check
5. Meaty PR's with no fluff - Check
6. Honest, reputable CEO - Check
7. Viable Business Plan - Check
8. Earnings - Check
9. Future Growth - Check
10. Unique Products/Services - Check
11. No Red Flags - Check

z
post #110 of 452
From the CEO:

1. The 10Q will be out tomorrow at the latest.

2. The 14c at the same time or shortly after.

3. The chemical company acquisition is just a matter of paperwork at this point.

4. He said there is ZERO difference between how the small machine and the bigger machine being shipped works.

5. The first machine is going on a flatbed truck so they can take it from site to site and demonstrate how it works.

6. The company will own the first 3 or 4 machines and keep 100% of the profits from them.

7. He is going to send me a spreadsheet showing exactly how the operating costs and profits break down.

z
post #111 of 452
#7 is what worries me. No good has come from all the stocks I've ever watched when the "CEO" of the company is in direct communication with a stockholder.
post #112 of 452
Quote:
Originally Posted by Eryeal View Post
#7 is what worries me. No good has come from all the stocks I've ever watched when the "CEO" of the company is in direct communication with a stockholder.

I guess the spreadsheet is not being sent.......but will be made available to people requesting information on the franchises.......

This is still a small company........and I don't think it's a negative if the CEO talks to the owners of a public company......the shareholders.....After all, company management is responsible to it's shareholders......z
post #113 of 452

10Q is out!

TRTN 10Q is out: $47,600, 'The company is reporting two days of revenue for June 29, and June 30, 2009.'

Do the math...

http://knobias.10kwizard.com/filing....TION_BODY&exp=


z
post #114 of 452
post #115 of 452
TRTN Large Production Machine to arrive any day now..........z
post #116 of 452
Large Production Machine has arrived.......will be operational in 3 weeks.......z
post #117 of 452
Thread Starter 
Ooo

Your still on thsi company you probly could retire with this cahrt haha
post #118 of 452
TRTN purchases Javaco, Inc.!!!

Item 1.01 Entry in a Material Definitive Agreement.

On August 24, 2009, 310 Holdings, Inc. (the “Company”) and Domark International, Inc. (“Domark”) closed a Securities Purchase Agreement (the “Agreement”) whereby the Company purchased 100% of the issued and outstanding common shares of Javaco, Inc. (“Javaco”), a wholly owned subsidiary of Domark, in exchange for $150,000 and the issuance of 2,500,000 shares of the Company’s common stock to Domark.

In connection with the Agreement, Domark has also assigned $9,997,134 of media credits in print and radio to the Company in exchange for the issuance of 1,000,000 shares of the Company’s common stock.

Except for the Agreement, there is no material relationship between the Company or its affiliates and any of the parties to the Agreement.

The foregoing description of the Agreement and the Media Credits Assignment is qualified in its entirety by reference to the Securities Purchase Agreement, and Media Credits Purchase and Assignment attached as Exhibit 2.1 and 10.1 respectively hereto.

Description of Javaco, Inc.

JAVACO, Inc., formerly JAVA Company, opened for business in 1997 as a sole proprietorship. Prior to opening JAVA Co., Judith Vazquez, owner and President, worked several years in distribution sales and finally with RMS Electronics/Channel. JAVA Company's initial focus was the sale of used cable TV equipment, including amplifiers and converters to Colombia, Venezuela and Mexico. JAVA Company teamed up with a distributor in Argentina to jointly cover a larger Latin American market. JAVA Company acted as their US office, providing sales expertise and a much needed North American connection with the manufacturers. JAVA Company coordinated the sale, expediting, invoicing and exporting of equipment purchased from the US and Canadian suppliers. JAVACO, Inc. incorporated in March 2000. Javaco is part of the Supplier Diversity Network, WBENC. JAVACO, Inc. currently distributes over 100 lines of equipment from fiber optic transmitters to RF connectors. To further enhance business in the United States, new distribution lines are frequently being added including a line of home theater and audio video products. Early in 2002, JAVACO, Inc. expanded its US business when it hired Tina Tomblin, with over 20 years in the cable television industry in both operations and sales, to manage sales in the United States. Javaco will operate and manage the Company’s Plastic2Oil sites in Mexico.

Item 3.02 Unregistered Sales of Equity Securities

As more fully described in Item 1.01 above, 310 Holdings, Inc. (the “Company”) issued an aggregate of 3,500,000 million common shares to Domark in exchange for 100 % of the issued and outstanding common shares of Javaco, Inc. and the assignment of $9,997,134 of media credits in print and radio.

The issuance of the common shares by the Company was exempt from registration pursuant to Section 4(2) of, and Regulation D and/or Regulation S promulgated under the Securities Act of 1933, as amended (the “Securities Act”).

Item 9.01.

Financial Statements and Exhibits.

(a)

Financial Statements of businesses acquired

(b)

Pro forma financial information

(d)

Exhibits


Exhibit No

Description
2.1

Securities Purchase Agreement between 310 Holdings, Inc. and Domark International, Inc.
10.1

Media Credits Purchase and Assignment
99.1 Pro Froma Financial Information
99.2 Press Release


z
post #119 of 452
This seems like positive news, I'm surprised there isn't more trading going on this one today
post #120 of 452
Quote:
Originally Posted by Parrothead View Post
This seems like positive news, I'm surprised there isn't more trading going on this one today

Real mystery. Makes no sense. I think people are just used to crap....so when they are offered a diamond, they turn up their noses.....lmao....

TRTN Assets = $15,120,595. Liabilities = $770,569

http://sec.gov/Archives/edgar/data/1...09ex99_310.htm

.......et z
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