JBII - JBI Inc - Page 4

TRTN 10Q is due. Last chance guys:

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

CEO: http://www.johnbordynuik.com
Company: http://www.310holdings.com

Executive Summary

=== Executive Summary. ===

1. CEO, John Bordynuik, is a very well respected scientist with ties to NASA, MIT, numerous Fortune 100 companies, United Nations, US Army. Website: http://JohnBordynuik.com .

2. Bordynuik has a very profitable private company that reads the 'unreadable', i.e. the over 50 million computer tapes from the early computer era (60's-80's). There is a wealth of information on those tapes, and he developed his own tape drives to read these degraded tapes.

3. He has a contract with NASA and gets paid $22 per tape to recover the data. They are processing about 700 tapes a day.

310 Holdings ===

In April, 2009, Bordynuik bought a public shell company, and moved most of the assets and production facilities from his private company into the public company. The public company now has a positive balance sheet, with revenues.

The company is fully reporting and compliant. Stock Symbol: TRTN

Share Structure: 53M OS, of which 40M Restricted is owned by Bordynuik. That leaves a float of only 13M shares.

The goal of the company is to move to the NASDAQ exchange within a few months. CEO will not consider FSing the stock until after it gets to NASDAQ, if then.

Plastic2Oil. ===

1. Existing machines are used in China, Thailand, Taiwan, etc to convert Plastic to oil.

2. Bordynuik discovered a catalyst that makes this process much more efficient.

3. After the data is recovered from these tapes (they weigh about 5 lbs each), they will be fed into the machine and converted back to the oil from which they came from in the first place.

4. The oil needs minimal refining, and will be sold into the diesel market. He already has buyers.

5. The whole process will be franchised across the country/world. The first franchise has already been bought.

6. The process will also recover oil from used tires.

7. Of course there is a huge amount of other waste plastic available to be converted to oil..

8. In larger metropolitan areas, the company will run it's own machines.

Bottom Line. ===

In 37 years of investing in stocks, I have never seen a more promising company. I am extremely excited about the prospects for TRTN.
Even the symbol has a nice way to remember it (That's Right, Top Notch).

z

Thanks. I love this company. Got some good news today:

310 Holdings Inc. Celebrates Completion of Newest Generation of Tape Reading Technology

NIAGARA FALLS, Ontario, Jul 8, 2009 (GlobeNewswire via COMTEX) -- Staff at 310
Holdings Inc. (TRTN) celebrated the completion of the Company's latest generation
of its proprietary, highly effective magnetic media reading technology last
night.

John Bordynuik, 310 Holdings Inc. President and CEO said, "We are very excited
about the success of our latest tape reading technology, which includes our own
custom designed amplifiers, bit detection, de-skewing algorithms, and tape drive
control, and use of the latest thin-film head technology. This technology
instantly scales from the oldest tape drives to current models, so we can quickly
retrofit the latest LTO and DLT drives to recover and migrate data exceptionally
quickly and accurately for our clients."

This celebration comes after 310 Holdings Inc. President and CEO John Bordynuik
and his staff of engineers had been working around the clock for the last several
weeks to complete this project. This technology replaces our previous generation;
it completely eliminates the need for us to do all post reading processing of the
data. As a result, the raw data is now immediately usable by our Swahili data
migration engine and many virtual emulators.

This technology scales from one head to hundreds of heads by increasing the
number of parallel bit-detection processors in hardware. It is presently scalable
in Altera's high-end Stratix-II, III, and IV "Cray-on-a-chip" FPGAs.

"Our new bit detection technology significantly exceeds the data recovery rate of
current enhanced PRML technologies. Our technology can be applied to hard drives,
and we plan to explore implementation in that market," said Mr. Bordynuik. "I
would like to emphasize that this bit technology is so effective that we do not
require and do not use post error-correcting algorithms or routines. We are using
this technology in place of original equipment hardware which is unable to
accurately detect bits after the media have been shelved for a few years."

This bit detection technology can accurately detect weak bits down to 10 per cent
of the signal's original amplitude.

This replaces our original technology which required some post reading.

310 Holdings Inc. will file a patent application to protect this technology.

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 June 25, 2009, 310 Holdings Inc. announced a definitive agreement to acquire
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. Provided all conditions to closing are met, 310 Holdings Inc.
anticipates closing this Asset Purchase Agreement on or about July 15, 2009.

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


z

TRTN: Schedule of Events:

* July 14, 2009: The gas chromatograph is scheduled to arrive at
310 Holdings Inc.
* July 15, 2009: Anticipated closing date of Asset Purchase Agreement
from John Bordynuik Inc.
* July 16, 2009: Large Batch Plastic2Oil Processor Machine leaving
port from China to North America
* August 1, 2009: 310 Holdings Inc. is scheduled to receive the keys
for our new Massachusetts office at 500 Technology Square,
Cambridge, MA.
* August 13, 2009: Anticipated arrival date of Large Batch
Plastic2Oil Processor from China.


z

310 Holdings Inc. Files Patent Application for Plastic2Oil Technology

NIAGARA FALLS, Ontario, Jul 9, 2009 (GlobeNewswire via COMTEX) -- 310 Holdings
Inc. (TRTN) today announces it is filing a patent application to protect the
Company's Plastic2Oil process and technology.

310 Holdings Inc. has developed a process to break down plastic molecules in
order to extract fuel from plastic: Plastic2Oil. This procedure utilizes a
process and catalyst that is not presently commercialized.

John Bordynuik, 310 Holdings Inc. President and CEO said, "As soon as our patent
application has been accepted by the USPTO and as soon as we receive the gas
chromatograph, we will demonstrate our technology on a small scale with our small
Plastic2Oil processor. We believe this will adequately disclose and affirm the
viability of our Plastic2Oil process by exhibiting the low processing time and
high yield."


The Company is looking forward to the following schedule of events:
* July 14, 2009: The gas chromatograph is scheduled to arrive at
310 Holdings Inc.
* July 15, 2009: Anticipated closing date of Asset Purchase Agreement
from John Bordynuik Inc.
* July 16, 2009: Large Batch Plastic2Oil Processor Machine leaving
port from China to North America
* August 1, 2009: 310 Holdings Inc. is scheduled to receive the keys
for our new Massachusetts office at 500 Technology Square,
Cambridge, MA.
* August 13, 2009: Anticipated arrival date of Large Batch
Plastic2Oil Processor from China.



"We are very excited to have our own in-house analysis lab so we can dynamically
change the variables within our small processor to quickly perfect the process
and determine processing time and yield," said Mr. Bordynuik.

By integrating this technology into a large batch processor, the Company believes
that it can accomplish the following:


* Approximately one liter of fuel is extracted from a kilogram of
plastic.
* The gas byproduct provides the energy necessary to fuel the process
thereby eliminating energy costs.
* Due to our catalyst and a highly optimized process, fuel can be
extracted in four hours from a large source of raw unwashed, mixed
plastics.
* Raw plastic materials can be acquired in many forms at little or no
cost.



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. Management has commenced operations with Plastic2Oil, a process
and service that extracts fuel from plastic. 310 Holdings Inc. is incorporated in
the State of Nevada and is publicly traded on the NASDAQ OTCBB under the symbol
"TRTN".

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

z

LOL you are nuts..

it was 0.20 in june and now its 2.00 -id be more interested in watching for reversal.

Maybe you can raise your sights. Start a franchise in your local community, like I am. Just released this to my local paper:

Plastic2Oil Comes to Palm Springs

A solution to the tons of plastic disposed of daily by residents of the Coachella Valley is coming to Palm Springs.

Plastic2Oil is a revolutionary new technology that converts waste plastic to oil. The oil needs minimal refining in order to enter the diesel fuel market.

Plastic2Oil Palm Springs is currently looking for a suitable site, and is scheduled to break ground in January 2010.

All construction will be performed by local companies. The company will recruit all management, and employees from local residents of the Coachella Valley.

Hans Brost, the CEO of Plastic2Oil Palm Springs, is quoted as saying. "We are extremely pleased to do our part in decreasing landfill waste, putting local residents to work, and solving this ecological problem".

In order to put this technology into production, Plastic2Oil Palm Springs Inc. will purchase a franchise from the parent company, 310 Holdings, Niagara Falls, Ontario, Canada. (Stock Symbol: TRTN).

310 Holdings CEO John Bordynuik is quoted as saying:

By integrating this technology into a large batch processor, the Company believes
that it can accomplish the following:

* Approximately one liter of fuel is extracted from a kilogram of
plastic.
* The gas byproduct provides the energy necessary to fuel the process
thereby eliminating energy costs.
* Due to our catalyst and a highly optimized process, fuel can be
extracted in four hours from a large source of raw unwashed, mixed
plastics.
* Raw plastic materials can be acquired in many forms at little or no
cost.

Contact:

Plastic2Oil Palm Springs Inc.: Hans Brost: 760 329-5700
310 Holdings Inc: 905 354-7222

---###---


z

TRTN Now Profitable with Assets/Revenues

TRTN. Assets moving into company today:

On June 25, 2009, 310 Holdings, Inc., (the "Company") entered into an asset purchase agreement (the "Agreement") to purchase and assume certain assets of John Bordynuik, Inc. ("JBI"), a Delaware corporation. This is an arms-length agreement between the Company and JBI by President and CEO John Bordynuik, who is the majority shareholder in both 310 Holdings and John Bordynuik Inc.

Under the terms of the Agreement, the Company will issue 809,593 shares of common stock, par value $0.001 per share (the "Common Stock") in consideration for the assets of JBI. The closing of the Agreement is expected to occur on or about July 15, 2009.


z

Latest News

310 Holdings Inc. Announces Detailed Update for All Shareholders and Prospective
Investors On the Definitive Agreement

NIAGARA FALLS, Ontario, Jul 15, 2009 (GlobeNewswire via COMTEX) -- 310 Holdings
Inc. (TRTN) today announced that it completed a definitive agreement to acquire
and continue tape data migration and transcription services of John Bordynuik
Inc., an agreement that was signed on June 25, 2009.

With this agreement, 310 Holdings Inc. purchased certain assets of John Bordynuik
Inc., including its custom tape processing hardware, its Swahili data migration
system, fixed assets, and its current customer base. The consideration for the
acquisition of the assets is shares of 310 Holdings Inc. restricted common equal
to the value of the assets. An 8k is being filed shortly that includes asset
details and a proforma financial statement for the tape operating profit center
only.

Through the agreement, 310 Holdings Inc. is able to use the specialized hardware
and software to immediately service existing clients of John Bordynuik Inc.,
which includes processing thousands of tapes from NASA.

Since the agreement was signed, 310 Holdings Inc. has processed tapes including
HRIR data for Apollo 14, Apollo 15, Nimbus III, and Nimbus IV, and is currently
processing Viking Lander I tapes. As part of its data migration profit center,
the Company has expanded its repertoire to include imaging of both film and
microfiche, and is doubling the resolution of solutions that is currently on the
market.

310 Holdings Inc. will continue to charge a flat rate fee of $22 per tape for
volume data recovery migration services. None of JBI's liabilities are being
assumed by 310 Holdings Inc. The fixed assets are presently valued at
approximately $500,000 after depreciation. This equipment includes in excess of
15 multi-core HP servers in a cloud configuration, dozens of HP workstations, a
complete 40-foot mobile data recovery container loaded with 18 tape drives and
JBI technologies to read tapes off-site; another 45 customized tape drives; and
other related supporting assets.

This is an arms-length agreement between 310 Holdings Inc. and John Bordynuik
Inc. by President and CEO John Bordynuik, who is the majority shareholder in both
310 Holdings and John Bordynuik Inc.

John Bordynuik, President and CEO of 310 Holdings Inc., said, "While we were only
able to recognize revenue from the tape processing for the last two days of the
quarter, this acquisition has made us profitable immediately and will be detailed
in our quarter financials that will be released shortly."


z

Just jumped in with a couple hundred shares. Excited to see what this will do!

Any new news for today?

Good deal.......all our socks should be blown off shortly.....Here's my account position in TRTN fwiw:

Any thoughts

Maybe a little move on some volume today. Atleast, that is what I am hoping for.

Revenues of $500K/month per 8K/A (It only shows 2 days of revs: $47K: http://knobias.10kwizard.com/filing....N_EXHIBIT&exp=

Assets: $1,226,044
Liabilities: $250

z

Btw, their Financials are Audited............z

EMail from CEO:

A few notes:

1) The costs reflected in the pro forma financial are for the entire
quarter.
2) We are profitable after 2 days of processing tapes.
3) The asset purchase was audited by James Gately.

We had the asset purchase audited to ensure everything was properly
accounted for, because it was an arms-length transaction, and because there
are so many scams on the OTC.

Regards,


John Bordynuik
CEO
310 Holdings Inc

Collaborative Researcher
Math and Computation Group
Computer Science and Artificial Intelligence Laboratory
Massachusetts Institute of Technology
john@csail.mit.edu
http://people.csail.mit.edu/john


z

TRTN 10Q is coming out in a few days. It will reveal the value of this new company in detail..........z