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Author Topic: JBII - JBI Inc. - Plastic to Oil
IWISHIHAD
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I actually put a few bucks in this one.

The plastics break down is where my main concern is about the this play.

Their other investments seem fine from the little bit i know, but the big dog to me is the machine and how well it works.

This one can go either way in a hurry depending on how legit it is, of course that's always the big question with pennies.

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oldseven
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quote:
Originally posted by IWISHIHAD:
I actually put a few bucks in this one.

The plastics break down is where my main concern is about the this play.

Their other investments seem fine from the little bit i know, but the big dog to me is the machine and how well it works.

This one can go either way in a hurry depending on how legit it is, of course that's always the big question with pennies.

I am waiting before I invest. I would rather purchase a processor if that's possible.
No 10Q yet as promised - AGAIN. I assumed that would happen. Well maybe it will be out today.
Maybe z**** knows something and can enlighten us.

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Only ONE good stock away from retirement!

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zardiw
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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.php?param=&ipage=6476872&DSEQ=1&SEQ=&SQDESC= SECTION_BODY&exp=


z

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Faster horses, yw, ow, mm.

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oldseven
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quote:
Originally posted by zardiw:
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.php?param=&ipage=6476872&DSEQ=1&SEQ=&SQDESC= SECTION_BODY&exp=


z

Yes, with a net profit of $19,300!! That makes this a 50 cent stock currently IMO.

I will wait to see what happens from here. New facility, new larger processor, more tape readers, etc.

I still would like to get one of these processors in my area. How soon can I do that? Heck, I will even build it myself in my own manufacturing and machining facility - we are slow anyways. Can I buy the plans or at least quote on making these processors here in the USA?

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Only ONE good stock away from retirement!

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zardiw
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TRTN Large Production Machine to arrive any day now..........z

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Faster horses, yw, ow, mm.

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oldseven
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quote:
Originally posted by zardiw:
TRTN Large Production Machine to arrive any day now..........z

Arrive where? Is this the machine that is going on a truck for demonstrating? Or is this the large processor that will have a permanent home? How long before its fully operational? Will we be able to see this in operation?

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Only ONE good stock away from retirement!

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buckstalker
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LOL...Paid pumpers don't answer questions old7

--------------------
***********************

It's all in the timing...

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IWISHIHAD
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Quote another board:

"Large Production Machine has arrived in Toronto. Toronto to Niagara Falls: 73 miles..........."


This is the first of the machines arriving from China.

It's going to be assembled and tested in Niagara Falls from what i gather, which is suppose to take several weeks. I would imagine they will have to work out some kinks, i would guess it might take longer.

I think they are waiting to see what type of production they get out of it, even though they have run trials on a prototype. They have several options that have been talked about including franchising it.

This is what i have gathered so far. I don't think they have everything planned out yet, probably figure if it works real good they have many options.

We will see.

The tape reading part of the business is rather interesting also, a lot of old tapes from NASA, millions of pounds. Sounds like this part of the business is already starting to generate good revenues.

I am just watching, reading and seeing what happens, all sounds good now, we will see what actually materializies in the longer run.

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oldseven
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Where in Niagara Falls? I would like to go see the actual space this Processor will occupy. I can then get a feel for the size of this operation. Can I assume the facility where this Processor will be housed is already completed and there are several hundred tons of plastic waiting to be converted? Converting that many tons of Plastic-2-Oil has got to take up several acres of land. Is this garbage(sorry-I mean free plastic) stored outside or inside? At the rate this thing will convert Plastic-2-Oil, we must be talking several large pieces of heavy machinery, miles of automatic conveyors, several trucks, tankers, etc. All this equipment already in place and waiting for the Processor to go on-line? Just how many tons of platic can one semi trailer hold?

I am involved with a local business that converts corn(and some other foods) to milk. They have over 5,000 machines doing the converting on a 24 hour bases. The amount of acerage needed for the input of these machines, the tankers to store and haul the milk, and the waste produced by the machines is very very costly. I can safely say in the millions.

I will try and visit the site and get more answers. Is this a good time of year to travel to Niagara Falls?

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Only ONE good stock away from retirement!

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IWISHIHAD
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I am just taking a few things from another board.

I've never found a good time to visit Niagara Falls, maybe some day, but getting a little older now, so very unlikely.

I am just investor trying to follow some of the things going on and take my best guess at this stock, like always.

Sounds like your more interested in doing business with them.

You might want to just call the company.

Here are a few things that maybe will help you get your answers.


Company Website: 310 Holdings


Authorized: 75,000,000
Outstanding: 54,576,260 (From 8K/A)
Treasury Stock: 10,000,000

John Bordynuik, CEO: 40,250,000 (Restricted)

Float Approx: 13,450,000

NOTE:

All of Mr. Bordynuik's personal shares are restricted (40M) and can only be sold directly to investment banks or others in private transactions. None can be sold through the exchange. (This usually takes weeks to months, and would be reflected in the filings).


SEC Filings: http://knobias.10kwizard.com/files.php?sym=TRTN

Latest 10Q (Note that this 10Q was filed before the company was bought by Mr. Bordynuik, so everything will be different when the next one is filed):
http://knobias.10kwizard.com/filing.php?param=&ipage=6339885&DSEQ=1&SEQ=&SQDESC= SECTION_BODY&exp=


Investor Relations

Director, Investor Relations:
Katie Matkowski
E-mail: ir*310holdings.com
Phone: 289-668-7222

Transfer Agent and Registrar


PACIFIC STOCK TRANSFER COMPANY
500 E. Warm Springs Road, Suite 240
Las Vegas, NV 89119

Tel: (702) 361-3033
Fax: (702) 433-1979
E-mail: info*pacificstocktransfer.com

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IWISHIHAD
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Oldseven, it appears that some of your questions are answered on the first page.

I just went back and read it again.

Looks like i just repeated some of the things already posted here by Zardiw.

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zardiw
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Large Production Machine has arrived.......will be operational in 3 weeks.......z

--------------------
Faster horses, yw, ow, mm.

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oldseven
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quote:
Originally posted by zardiw:
Large Production Machine has arrived.......will be operational in 3 weeks.......z

Arrived where? Can I go see it in operation? Will they have tours?

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Only ONE good stock away from retirement!

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zardiw
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quote:
Originally posted by buck*******:
12. Pumper that won't answer simple questions about his affiliation with the company - Check

I have no affiliation with the company...all my shares were bought with my own money.....Saw the original 8K....company came up on a scan on proprietary software I run daily.......sorry didn't reply sooner......didn't think anybody was even posting on her but me........z

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Faster horses, yw, ow, mm.

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zardiw
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quote:
Originally posted by oldseven:
quote:
Originally posted by zardiw:
TRTN Large Production Machine to arrive any day now..........z

Arrive where? Is this the machine that is going on a truck for demonstrating? Or is this the large processor that will have a permanent home? How long before its fully operational? Will we be able to see this in operation?
Arrived already in Niagara Falls, ONT. It will be assembled on a flat bed truck, so it can be operated at various locations.......z

--------------------
Faster horses, yw, ow, mm.

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zardiw
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quote:
Originally posted by IWISHIHAD:
I actually put a few bucks in this one.

The plastics break down is where my main concern is about the this play.

Their other investments seem fine from the little bit i know, but the big dog to me is the machine and how well it works.

This one can go either way in a hurry depending on how legit it is, of course that's always the big question with pennies.

You're not going to find a more legit company.....bank on it......Total Transparency.....I did my homework on this company, and its CEO, and it's Top Notch all the way..........z

--------------------
Faster horses, yw, ow, mm.

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zardiw
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quote:
Originally posted by oldseven:
quote:
Originally posted by zardiw:
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.php?param=&ipage=6476872&DSEQ=1&SEQ=&SQDESC= SECTION_BODY&exp=


z

Yes, with a net profit of $19,300!! That makes this a 50 cent stock currently IMO.

I will wait to see what happens from here. New facility, new larger processor, more tape readers, etc.

I still would like to get one of these processors in my area. How soon can I do that? Heck, I will even build it myself in my own manufacturing and machining facility - we are slow anyways. Can I buy the plans or at least quote on making these processors here in the USA?

Call John...John Bordynuik 905 354-7222 x226 tapes*johnbordynuik.com ..he's readily available......lock up a franchise in your area....and maybe you can make a deal with him as far as building these....He's going to be making some modifications to the original design, so he could probably use your services......I believe one franchise in NY has already been locked up.......I'm going to open one in my home town........z

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Faster horses, yw, ow, mm.

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zardiw
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quote:
Originally posted by buck*******:
LOL...Paid pumpers don't answer questions old7

Sorry ........wasn't even looking to see who had responded......Thought I was the only one posting on her...........z

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Faster horses, yw, ow, mm.

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zardiw
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quote:
Originally posted by oldseven:
Where in Niagara Falls? I would like to go see the actual space this Processor will occupy. I can then get a feel for the size of this operation. Can I assume the facility where this Processor will be housed is already completed and there are several hundred tons of plastic waiting to be converted? Converting that many tons of Plastic-2-Oil has got to take up several acres of land. Is this garbage(sorry-I mean free plastic) stored outside or inside? At the rate this thing will convert Plastic-2-Oil, we must be talking several large pieces of heavy machinery, miles of automatic conveyors, several trucks, tankers, etc. All this equipment already in place and waiting for the Processor to go on-line? Just how many tons of platic can one semi trailer hold?

I am involved with a local business that converts corn(and some other foods) to milk. They have over 5,000 machines doing the converting on a 24 hour bases. The amount of acerage needed for the input of these machines, the tankers to store and haul the milk, and the waste produced by the machines is very very costly. I can safely say in the millions.

I will try and visit the site and get more answers. Is this a good time of year to travel to Niagara Falls?

As I said earlier......just call the CEO.......he'll be happy to answer your questions.......and you may get some work as well.........z

--------------------
Faster horses, yw, ow, mm.

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zardiw
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OK....I'll make sure to check for responses from now on.......Will see if there's an EMail option here........z

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Faster horses, yw, ow, mm.

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zardiw
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I give up.....can't figure out how to get EMail's on responses.....maybe somebody can clue me in.......z

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Faster horses, yw, ow, mm.

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T e x
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Amigo,

As far as I know, that feature is not enabled here. You can choose to let admin contact you, and for notification of PMs, but not anytime someone responds to you.

I'll ask Bob.

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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T e x
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btw, fellas, zardiw is a colleague.

For newbies: that doesn't mean I'm saying to buy/trade this stock. By the same token, I'm not raising a red flag.

As always, do your own DD. [Wink]

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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buckstalker
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Thanks Tex...

Whenever I see a poster on here touting a stock and then refusing to answer legitimate questions about it or themselves, it moves me to question their intent...

My apologies zardiw...

--------------------
***********************

It's all in the timing...

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IWISHIHAD
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The big question here... Tex, Buck******* in or out [Smile]
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IWISHIHAD
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How come my post showed up that way with only buck showing?

It deleted the second part of his name.

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T e x
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quote:
Originally posted by buck*******:
Thanks Tex...

Whenever I see a poster on here touting a stock and then refusing to answer legitimate questions about it or themselves, it moves me to question their intent...

My apologies zardiw...

No apologies necessary, amigo. You and I have busted some of the slicker, slimier PnD con-men out there.

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

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buckstalker
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It always does that to me Iwish...I have no idea why

As far as in or out...I am not in as of yet...interested, but hven't pulled the trigger yet...I don't like the volume

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***********************

It's all in the timing...

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T e x
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quote:
Originally posted by IWISHIHAD:
How come my post showed up that way with only buck showing?

It deleted the second part of his name.

part of Bob's filters...

same with b l o g

I don't agree with it, but then? It's never bothered me enough to mention it.

What do you guys think?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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T e x
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quote:
Originally posted by IWISHIHAD:
The big question here... Tex, Buck******* in or out [Smile]

Truthfully, I'm not trading much right now. You know how it is when you lay off for a while.

Will say this: this looks like it may be a real company. Whether it's a trading stock, I dunno. As you all know, I'm not an investor.

For instance, I completely missed FHAI the other day...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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IWISHIHAD
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Originally posted by Buck:

"As far as in or out...I am not in as of yet...interested, but hven't pulled the trigger yet...I don't like the volume"

_________________________________________________

Been watching that also.

I am in and i like what they say.

Great ideas and great potential and definitely different. If we only knew for sure we would all be rich.

Although the last Canadian penny i was in was about three years ago.

There were several of us here that did some real chasing around to find out where it went, one guy was up in Canada.

Tracked the CEO back to three different companies.

Seems like one was PAIM and a couple of other ones.

Cleared out and ran with the money, tracked part of it to a PO. Box in WASH.

I don't remember all the details, i try and forget those.

Hopefully this one works out better. [Smile]

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IWISHIHAD
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Originally posted by Tex:

"Truthfully, I'm not trading much right now. You know how it is when you lay off for a while.

Will say this: this looks like it may be a real company. Whether it's a trading stock, I dunno. As you all know, I'm not an investor.

For instance, I completely missed FHAI the other day..."

_________________________________________________

I sure hope everything has gotten back closer to normal for you now.

Things like what happen to you kinda change the priorities a bit.

Trading probably wasn't the biggest thing to worry about, although it can be fun when making money.

I have caught a few decent one's and kept my losses down, since jumping back into the pennies.

I would like to keep it going that way, but who knows.

Take Care Tex!

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oldseven
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I believe one franchise in NY has already been locked up.......I'm going to open one in my home town........z

Zardiw, whats it take to open one?

And yes, I did send John an e-mail.

--------------------
Only ONE good stock away from retirement!

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oldseven
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quote:
Originally posted by zardiw:
quote:
Originally posted by oldseven:
quote:
Originally posted by zardiw:
TRTN Large Production Machine to arrive any day now..........z

Arrive where? Is this the machine that is going on a truck for demonstrating? Or is this the large processor that will have a permanent home? How long before its fully operational? Will we be able to see this in operation?
Arrived already in Niagara Falls, ONT. It will be assembled on a flat bed truck, so it can be operated at various locations.......z
One container arrived, the second is still at customs.

--------------------
Only ONE good stock away from retirement!

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zardiw
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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


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