Plastic2Oil Inc (PTOI)

[MorningLightMountain]

=== Executive Summary ===

CEO: http://www.johnbordynuik.com
Company: http://www.310holdings.com (A new website is coming)

CEO Article: http://www.johnbordynuik.com/BusinessNiagaraMagazine.pdf

Full DD: www.Lighthouse57.com/JBIIBrochure.doc

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, John Bordynuik Inc. (JBI) 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 an exclusive contract with NASA and gets paid $22 per tape to recover the data. They are ‘sole sourced’ by NASA and MIT because noone else can read these tapes with 100% accuracy. They are currently processing about 700 tapes a day, but will be processing many more due to 70 new tape drives coming online.

4. Their process can be used on any tapes, and magnetic media, both legacy and current.

5. They have recently revolutionized data recovery methods (and Patented these methods), increasing the throughput tremendously, and are exploring applying the technology to disk hard drives as well.

6. A new office in Cambridge, MA has been leased, and will open soon.

JBI ===

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

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

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

The company is profitable with an approximate .18 EPS.

http://www.lighthouse57.com/JBIIBrochure.doc

Stock Promoters

JBI Inc. is not in any way interested in dealing with stock promoters who are seeking financial or stock compensation.

"Our capital is better used for us to acquire profitable companies than to spend valuable company capital for short-term gains in the stock price," said Mr. Bordynuik. "Do not call us. If you want to promote this stock then buy it and promote it based on its real value."