Plastic2Oil Inc (PTOI)

[Zardiw]

TRTN News: Private Placement at 3x share price:

310 Holdings Inc. Announces Private Placement and New Massachusetts Office Location

NIAGARA FALLS, Ontario, Jun 30, 2009 (GlobeNewswire via COMTEX) -- 310 Holdings
Inc. (TRTN) announced today that it has raised $200,000 in a private placement of
its securities.

The financing has been provided by John Bordynuik Inc. in exchange for 66,667
restricted common shares at $3 per share. No warrants were issued. This financing
was provided to accelerate 310 Holdings Inc.'s business plan.

Management is confident that the asset sale from John Bordynuik Inc. will occur
as scheduled July 15, 2009. The definitive agreement to acquire customized tape
data migration hardware and systems from John Bordynuik Inc. was executed on June
25, 2009. Subsequent agreements to purchase approximately $1M in remaining
related hardware and intellectual property will be announced shortly.

Since acquiring 310 Holdings Inc. on April 23, 2009, John Bordynuik, President
and CEO of 310 Holdings Inc., has personally advanced the company $60,000 to
facilitate the transition of the company's operations.

To avoid interruption in tape reading revenue, 310 Holdings Inc. has incorporated
John Bordynuik Inc., a wholly owned subsidiary, in Nevada. This avoids the
necessity of having to undergo a procurement process for John Bordynuik Inc.'s
existing clients.

310 Holdings Inc. is also pleased to announce that we are opening an office at
500 Technology Square, Cambridge, MA. Technology Square is famous for the number
of information technology firms located there, lured by the proximity of several
institutions of higher learning. This office will enable us to read magnetic
media from certain data sets that are restricted from export.

John Bordynuik, 310 Holdings Inc. President and CEO said, "We already have tapes
awaiting delivery to this office as they cannot be exported out of the United
States. In addition, I strategically selected this site because of its close
proximity to researchers that we intend to hire."

"As well, I would like to address the status of the shares I own in 310 Holdings
Inc. My 40,250,000 shares are all restricted, and are not registered for resale.
I cannot and will not sell any of my shares on the open market. I am waiting for
a medallion signature so that 10M of my shares will returned to the company
treasury to facilitate acquisitions without diluting the current shareholders,"
stated Mr. Bordynuik.

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. 310 Holdings Inc signed a definitive agreement to acquire and
continue tape data migration and transcription services of John Bordynuik Inc. on
June 25, 2009.

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

This news release was distributed by GlobeNewswire, http://www.globenewswire.com

SOURCE: 310 Holdings Inc.
310 Holdings Inc.
John Bordynuik, President and CEO
[e-mail]
Katie Matkowski - Investor Relations
[phone]
[e-mail]

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