TRTN: OTC.BB, 310 Holdings Inc. (Original Summary Post)
Go read the iBox! Closed today at a buck... ONE DOLLAR!
Let's meet back here next year and see where it is!
(Pssst... over five is a conservative guess IMO!)
Not a P&D, low float, low OS numbers should it go to 5, revenues from an exclusive NASA contract, P2O franchising on the horizon, 15MT recycle/recovery system due to arrive in Niagra Falls any day now... should take about a month to set up and begin processing almost free feedstock!
"WHAT?" you say! FREE almost... all those old NASA tapes! Check it out! Millions of tapes!
Stock has only been trading for 3 months... a RM! Yes, a RM done right!
>>>>>>>>>>>>>>>>>>>>>>>>>
A message from the CEO: (posted by zardiw)
June 5th, 2009 - To the shareholders of 310 Holdings Inc:
I, John Bordynuik, have recently acquired 63% of 310 Holdings Inc (TRTN).
I will not affect a reverse stock split of TRTN. I will not reverse merge another company into TRTN.
TRTN will be in a state of transition. I expect this to occur over the next month as I hire engineers, staff, move resources, and acquire a building for TRTN. TRTN will acquire assets, technologies and companies that have great value and would be profitable if they weren't so severely overleveraged with debt, excessive staff, and other draining systems. TRTN will also monetize IP that I presently own, or IP gained from mining old data. I have a significant reputation in the magnetic media and data migration industry which I believe will benefit the shareholders of 310 Holdings Inc. I also have an excellent working relationship with NASA and many other organizations which will positively affect the integrity and opportunities of this company.
In early April I participated in Harvard's Corporate Restructuring, Mergers, and Acquisitions - Creating Value in Turbulent Times. I have a new network of acquaintances who share my business views and have offered assistance. There are many opportunities in the US and I will focus our efforts in sectors that my staff and I have experience in.
As always, my primary focus is to maximize shareholder value. This can be best executed with the right new technology, assets, and talent.
Regards,
John Bordynuik
President and CEO
310 Holdings Inc.
289-668-7222
john@310holdings.com
Website: http://www.310holdings.com/our-story.html
IHub Board: http://investorshub.advfn.com/boards/board.aspx?board_id=15341
Z.
(Call him! or if in/near Niagra Falls, Ont, Canada... go visit! You will be shown what's happening, probably by John!)
From CEO John Bordynuik: I was invited to Oppenheimer in Los Angeles with a very small group (<10). Present was David James, Managing Director of Oppenheimer and Douglas Pratt, VP, Investment Director. We are on their radar and that is why the invite. I have a lot of news to report and will be releasing it next week -- this news will be unrelated to the event tonight (I don't wish to cause crazy speculation). If we have any flippers, they will be gone next week.
....posted by BRIG88
The flippers statement (prediction) is on hold until the 10Q is filed (by August 15th due date at the latest)... a death in the family of person responsible for the filing has delayed it a few days!
Take a look, do your DD, and get in on the best ride of 2009 and for years to come!
JB is positioning 310 Holdings to be the parent unbrella company of subsidiary companies he acquires, IMO. He has controlling interest & has brought all the assets and IP of his private company, JBI... John Bordynuik,Inc... into 310 as a subsidiary company! Probably what he plans to do with any future acquisitions!
http://www.johnbordynuik.com/BusinessNiagaraMagazine.pdf
Check out John and his JBI website... note the fine print top of home page under the name next to the logo.
UPDATE:
P2O machine is in Niagra Falls being put on a flatbed platform for mobile use & demonstrations... about a month from firing up for the trial runs probably.
First Acquisition Finalized 8-28-09
310 Holdings, Inc. has Completed the Acquisition of Javaco Inc.
NIAGARA FALLS, Ontario, Aug 28, 2009 (GlobeNewswire via COMTEX) -- 310 Holdings
Inc. (TRTN) 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.
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 July 16, 2009, 310 Holdings Inc. acquired 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.
For more information, please see http://www.310holdings.com and
http://www.johnbordynuik.com.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking
statements" within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act.
The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several
significant substantive changes affecting certain cases brought under the federal
securities laws, including changes related to pleading, discovery, liability,
class representation and awards fees and of 1995. Those statements include
statements regarding the intent, belief or current expectations of 310 Holdings
Inc., and members of its management as well as the assumptions on which such
statements are based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance and involve
risks and uncertainties, and that actual results may differ materially from those
contemplated by such forward-looking statements. The Company undertakes no
obligation to update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to future
operating results.
This news release was distributed by GlobeNewswire, http://www.globenewswire.com
SOURCE: 310 Holdings Inc.
CONTACT:310 Holdings Inc.
John Bordynuik, President and CEO
john@310holdings.com
Investor Relations
Katie Matkowski
+1 (289) 296-5538
Katie@310holding.com
(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.
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