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Author Topic: JBII - JBI Inc. - Plastic to Oil
zardiw
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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...

None necessary.....it was my fault for not keeping up with the board.......z

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zardiw
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quote:
Originally posted by T e x:
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.
I've done massive DD on this....here's my checklist, fwiw:

1. Current Filings - Check
2. Audited Financials - Check
3. Low share structure - 53M OS, 13M Float - 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 and Profitable - Check
9. Future Growth - Check
10. Unique Products/Services - Check
11. Company Transparency - Check
12. No Red Flags - Check

z

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zardiw
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quote:
Originally posted by T e x:
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.

I did have a thread I was subscibed to awhile back....but now I can't find how to do it ...maybe the feature is gone now.......z

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zardiw
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quote:
Originally posted by oldseven:
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.

You should call him instead. EMails go into the spam folder and they don't get some of them...even happened to me.

Franchises are in the 300-500K range. I don't know if they've got all that ready to go...probably not...but you can call him and lock one up in your area....and get the ball rolling...but I think John would really be interested in your talents that you mentioned earlier.....z

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zardiw
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quote:
Originally posted by oldseven:
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.
From what I understand, they're already starting on the assembly.....z

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IWISHIHAD
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Just not sure of this recent purchase by the company that was pr'd today?

New shares being given for purchase. Although this stock has a very low OS and AS which is nice.

It would be hard to take these shares at this point, if thrown out quickly.

Of course they are suppose to be restricted, but that word does not seem to mean much in pennyland, hope it does here.

Sounds like they bought this portion of he company from another penny stock.

Guess i will have to wait and see.

The volume never really dries up, even though it keeps trading in roughly the same range.

Not a lot there, but you would think it would dry up for awhile if nothing is really moving much.

I will check with TA again in the near future
to see if everything is cleared up from a little confusion from the last time i called.

I still don't have a decent read on this one, of course it is a new public stock, so i try and give it a little break.

The chemical company makes sense as a purchase, since there is real money to be made in the catalyst to be used, at least i would think so.

Certain chemicals have a high mark up, since fillers are usually cheap and tap water is also.

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IWISHIHAD
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NIAGARA FALLS, Ontario, Aug. 28, 2009 (GLOBE NEWSWIRE) -- 310 Holdings Inc. (OTCBB:TRTN - News) is pleased to announce that the Company has completed the acquisition of Javaco, Inc,, an international distributor of communications and cable gear that distributes more than 100 lines of equipment, ranging from fiber-optic transmitters to RF connectors. Javaco, Inc., a member of Inc. 5000, is a profitable, well-managed, growing company with current revenues in excess of $6 million and a strong presence in Latin America. With offices in Mexico City and Columbus, Ohio, their highly-technical staff strives to provide viable solutions for the ever complex telecommunications industry. Visit http://javacoinc.com for further information about Javaco, Inc.

Javaco, Inc. was purchased for $150,000 USD and 2.5 million shares of restricted common stock.

In addition, for an additional one million shares of restricted common stock, the Company acquired approximately $10 million in U.S. radio and newspaper prepaid advertising covering 10,000 newspapers and 6000 radio stations. The completed package resulted in a total asset purchase of approximately $15 million. The Company believes that the media advertising will be beneficial in promoting the expansion of the P2O technology and processors as well as the previously-announced planned acquisition of the chemical company's products and services.

John Bordynuik, 310 Holdings Inc. President and CEO, stated, "We are extremely positive about the Javaco acquisition since it not only adds to our growing revenue base, but it also gives us a foothold and ability for a more rapid expansion of our P2O processors into Mexico, as well as Central and South America. Furthermore, we will use Javaco's existing people and business offices to setup and configure our communications infrastructure for our P2O processors."

About 310 Holdings Inc.

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oldseven
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I am confused! I thought he was buying a chemical company? What did he buy here- Cheap adverising? He bought $10 million worth of advertising for a little over $1 million worth of stocks? And paid $2.5 million worth of stocks(+ $150,000 cash) for $6 million in revenue?

What about the chemical company?

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zardiw
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The chemical company deal is still in play.....He's acquiring companies and assets that will help the big picture here. They guy is a visionary with an IQ of 170 remember.

The media credits will help immmensely to get the P2O into the public eye........and Javaco opens doors in Mexico and South America.

JB is looking at the big picture, and planning for the future........awesome man!!.........z

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zardiw
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quote:
Originally posted by IWISHIHAD:
Just not sure of this recent purchase by the company that was pr'd today?

New shares being given for purchase. Although this stock has a very low OS and AS which is nice.

It would be hard to take these shares at this point, if thrown out quickly.

Of course they are suppose to be restricted, but that word does not seem to mean much in pennyland, hope it does here.

Sounds like they bought this portion of he company from another penny stock.

Guess i will have to wait and see.

The volume never really dries up, even though it keeps trading in roughly the same range.

Not a lot there, but you would think it would dry up for awhile if nothing is really moving much.

I will check with TA again in the near future
to see if everything is cleared up from a little confusion from the last time i called.

I still don't have a decent read on this one, of course it is a new public stock, so i try and give it a little break.

The chemical company makes sense as a purchase, since there is real money to be made in the catalyst to be used, at least i would think so.

Certain chemicals have a high mark up, since fillers are usually cheap and tap water is also.

They are not 'new' shares. They are coming out of the treasury. That is what the treasury is for.....to help expand the business.......z

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IWISHIHAD
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Quote Iwishihad;

"New shares being given for purchase. Although this stock has a very low OS and AS which is nice.

It would be hard to take these shares at this point, if thrown out quickly."


Quote Zardiw:

They are not 'new' shares. They are coming out of the treasury. That is what the treasury is for.....to help expand the business.......z

_________________________________________________


To be more specific, shares that will trade instead of sitting in the treasury, which would most likely bring the pps down if thrown out in a short time.

It seems when other companies have shares, many aren't worried about the pps when they need to unload.

You would think they would be, in order to get them the highest price.

On the referse side, they may be worried their shares might be worth less if they wait.

Does that clarify my statement?

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zardiw
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I believe the shares that were paid are restricted.........z

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zardiw
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Also, the worth of the company is being demonstrated on an ongoing basis........I believe anyone that has shares here is holding for greater gains.....if not for coming dividends......z

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zardiw
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TRTN to effect Name and Symbol Change:

The Company will be filing a Form 14 with the SEC to change its name and symbol to better reflect its business. As well, it will be announcing an annual shareholders meeting to be held at its main facility. The Company has been contacted by a number of investors and funds and would like to provide the best possible opportunity for due diligence.

z

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IWISHIHAD
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Quote Zardiw:

"Also, the worth of the company is being demonstrated on an ongoing basis........I believe anyone that has shares here is holding for greater gains.....if not for coming dividends......z"

_________________________________________________


We all love to dream, but let's see a step at a time.

This isn't that other board, if it gets to thick around here we will have vistors.

The trading today makes a little more sense, i like it until more solid news comes.


-

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oldseven
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CEO hopes second container will ship today from Customs so they can begin assembly soon.

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IWISHIHAD
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I thought it was all there and being assembled.

Guess they meant the first container, when they said it was on it's way to Niagara Falls.

At this point probably doesn't matter that much, just waiting to see how it goes.

Should not be long if things go fairly well, to see if it works up to expectations.

Few shares trading now, looks like most are holding, which is good.

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zardiw
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 -

 -

 -

You can see how big the large reactor will be............z

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zardiw
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P2O Franchises Available:

We are in the process of selecting some owner/operators for P2O sites. I would like to give preference to existing shareholders who own manufacturing companies/factory facilities. Please advise if you know of anyone interested in setting up a P2O site. The agreement is quite clear – the operator would pay $400,000 for initial set up. 310 is responsible for supplying equipment, permits, and training. We are locking up supply agreements. The operator would enjoy 35% of the net revenue or approximately $1.742M per site/yr based on our current information. 310 would maintain ownership of equipment at all times and will ship the catalyst via a sealed plastic container. Please advise if you know of anyone who would be interested in running P2O.

John Bordynuik Inc.
4536 Portage Road
Niagara Falls, Ontario
Canada L2E 6A8

Voice: 905-354-7222

Fax: 905-354-1062

john*310holdings.com

z

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Faster horses, yw, ow, mm.

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zardiw
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quote:
Originally posted by IWISHIHAD:
Quote Zardiw:

"Also, the worth of the company is being demonstrated on an ongoing basis........I believe anyone that has shares here is holding for greater gains.....if not for coming dividends......z"

_________________________________________________


We all love to dream, but let's see a step at a time.

This isn't that other board, if it gets to thick around here we will have vistors.

The trading today makes a little more sense, i like it until more solid news comes.


-

I can see the future here.....that's why I'm so excited. By the time 'more solid news' is released, you'll be wishing you had more shares....lol.......z

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IWISHIHAD
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Quote Zardiw:

"I can see the future here.....that's why I'm so excited. By the time 'more solid news' is released, you'll be wishing you had more shares....lol.......z"

_________________________________________________

Looks good.

I have enough shares for me, would love that if i could predict the future. I try and keep it in perspective.

It's great when investors are having fun with a stock, even more fun when the pps rises.

More buyers and a higher price should come as the events unfold.

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oldseven
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Where is this thing being setup? In the middle of a field? I don't see any signs of civilization. One container only held three pieces? And there is only two containers. Not much to this processor. All the "workings" must be added by 310 Holdings.

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oldseven
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quote:
Originally posted by zardiw:
P2O Franchises Available:

We are in the process of selecting some owner/operators for P2O sites. I would like to give preference to existing shareholders who own manufacturing companies/factory facilities. Please advise if you know of anyone interested in setting up a P2O site. The agreement is quite clear – the operator would pay $400,000 for initial set up. 310 is responsible for supplying equipment, permits, and training. We are locking up supply agreements. The operator would enjoy 35% of the net revenue or approximately $1.742M per site/yr based on our current information. 310 would maintain ownership of equipment at all times and will ship the catalyst via a sealed plastic container. Please advise if you know of anyone who would be interested in running P2O.

John Bordynuik Inc.
4536 Portage Road
Niagara Falls, Ontario
Canada L2E 6A8

Voice: 905-354-7222

Fax: 905-354-1062

john*310holdings.com

z

35% = $1.742 million, so each "site" produces $4.977 million in revenue if my math is correct.
How much can you sell a barrel of oil for?
Well if its $70, that means more than 8 barrels an HOUR - every hour - 365 days a year! These machines produce that much oil - holy crap!! How many tons of plastic are required to do that? I would think there would be trucks hauling plastic non-stop all day long. Does that much plastic exist?
Are the operators responsible for selling the oil to someone? Or will 310 Holdings purchase the oil?

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zardiw
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Media Coverage coming..........et z

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zardiw
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quote:
Originally posted by oldseven:
Where is this thing being setup? In the middle of a field? I don't see any signs of civilization. One container only held three pieces? And there is only two containers. Not much to this processor. All the "workings" must be added by 310 Holdings.

Have you received confirmation that the owner/operator franchise will do well?.....z

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oldseven
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quote:
Originally posted by zardiw:
quote:
Originally posted by oldseven:
Where is this thing being setup? In the middle of a field? I don't see any signs of civilization. One container only held three pieces? And there is only two containers. Not much to this processor. All the "workings" must be added by 310 Holdings.

Have you received confirmation that the owner/operator franchise will do well?.....z
I have not received any information yet.

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zardiw
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You talked to John though right?....z

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zardiw
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Ya gotta read this:

NIAGARA FALLS, Ontario, Sept. 9, 2009 (GLOBE NEWSWIRE) -- 310 Holdings Inc. (OTCBB:TRTN - News) is pleased to announce that the Company has executed an LOI for its planned acquisition of a profitable U.S. chemical company. The acquisition is anticipated to be officially consummated on September 30, 2009. This chemical company is privately owned and the owners have requested that its name not be disclosed to the public until the Definitive Agreement is executed.

Essentially, the acquisition is comprised of two profitable chemical divisions, operating out of the same facility. One division is involved in the production and marketing of eco-friendly products and the other one is doing bulk packaging /supplying, with each division maintaining separate income statements and balance sheets.

Housed in a 60,000 square foot U.S. facility, the shared assets of the chemical company will provide 310 Holdings Inc. with a chemistry and QC lab, an in-demand line of green, highly marketable products, a site on which to operate a P2O processor and to produce its catalyst in large sealed plastic containers and small plastic "topping-off" packets for use at the Company's P2O operating facilities. Furthermore, the Company will inherit a 55-member employee force, which includes experienced chemists, proven sales representatives, and an accomplished, visionary management team with successful expertise in mergers and acquisitions.

This rapidly-growing, progressive chemical company has developed an innovative, earth-friendly, patented line of products that addresses a multi-million dollar essential industry for retail establishments, commercial or institutional businesses, and real estate property owners / investors. The cutting-edge line of green products has received the "Design for the Environment" certification, which is a U.S. Environmental Protection Agency program that partners with numerous stakeholders whose goal is to reduce pollution risks and maintain a healthy environment for all people.

These environmentally-safe products are currently marketed through numerous local retailers as well as some very large and significant national retail chains. Importantly, these eco-friendly products do not contribute to waste or landfill.

John Bordynuik, 310 Holdings Inc. CEO and President, stated, "This is really a synergistic, value-added acquisition that truly complements our business model and corporate growth goals. In addition to our core product line, these products have very high growth potential, and excellent profit margins. The Company's IP is protected through a patent. Initially, we will utilize our media credits to launch an extensive public-awareness campaign to market our green product line to consumers and retailers in the United States, Canada, and Mexico."


z

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Faster horses, yw, ow, mm.

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oldseven
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quote:
Originally posted by zardiw:
You talked to John though right?....z

No, I have not talked to John. I sent him a couple e-mails 2 weeks ago and I am waiting for his reply. I could call him, but I assume he is very very busy and will answer the e-mails at his convenience.

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oldseven
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Today should be the start of the third week that they claim it will take to assemble the Processor.

I wonder it everything is on schedule? I bet not. Is there a new schedule?
Is the smaller processor already on a truck for tour and demo's across the country? Is there a schedule of where and when it will be going?

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zardiw
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One of the containers got hung up in customs. It should be onsite by now.

They are having problems with email going into a spam folder.......you should call him....he's busy..but not That busy........z

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zardiw
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TRTN for Dummies: Image/Video Presentation:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=41547774

z

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IWISHIHAD
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So Zardiw you want to come over here and pick up the discussion where your left it off in your PM.

So now you say that there has been no increase in the OS.

First time it was just a mistake, second time the shares were changed to reflect the increase.

We can have a very interesting conversation here.

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buckstalker
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I'm interested in hearing more about mistake concerning the increase in the OS.....

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

It's all in the timing...

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IWISHIHAD
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Quote Buck*******:

"I'm interested in hearing more about mistake concerning the increase in the OS....."

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I am not sure what the deal is here.

First, several weeks ago i checked with the TA and they gave we a share count of 63,700,000.

When i posted this on another board, the usual happened, i became the angel of death. [Smile]

It was a mistake i was told, (i'm making it sound nicer here) and somehow the shares were put back, still have no clue where they were.

Then it appears the OS went up a little after that, and then a little again.

Of course some say the OS has not risen at all.

The OS is at 57,290,513 and was supposedly at 53,000,000 per the posting on this board.

Maybe that is incorrect to, as stated by some.

But if it is correct, seems to me that there has been an increase.

There are suppose to be 10 million shares that were put in the treasury from the CEO for investments.

The TA is ungagged, never did understand exactly what that meant with stocks.

Seems to me that would mean they release AS,OS, Restricted, Float and Treasury shares, although you can figure some out without all being released.

But what do i know about that word transparency and ungag, words that are used so freely around these stocks.

The Restricted shares per TA is suppose to be 33,849,513, then some other doc i read says 30 million+.

Of course a few feel that even if 10-15 million were dumped, the longs would buy them all up.

I agree someone would buy them, but at what price with this low of float, if dumped rapidly.

Even several million with the amount traded could really hurt.

Oh well, always fun on the pennies.

My running shoes are always on just in case.

Still in and trying to keep close attention.

It does get even more interesting beyond this.

I still like the possibilities, even if half pan out like they indicate.

Should rise nicely "if" they come through.

Just hope they move forward without the axe dropping.

Posts: 3875 | From: ca. | Registered: Jul 2005  |  IP: Logged | Report this post to a Moderator
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