Thursday, May 21, 2009 7:45:58 PM
TRTN was just bought by John Bordynuik. It was a dead shell. This is what I got from his company website (http://www.JohnBordynuik.com) and from the 8K.
310 Holdings Inc.'s (still the name of the shell, but I suspect it maybe changed soon) President/CEO, John Bordynuik, has been recovering planetary and sensor data from old magnetic media for various government and institutional archives for more than 20 years, amassing the world's largest solution and algorithm archive. The Company has access to terabytes of normalized earth sensor data (heat budget, solar radiation, gravitational, magnetic, and vibration information), algorithms, massive research archive, and other related information. John Bordynuik has recovered some of the most sensitive data in the World.
See http://www.johnbordynuik.com
310 Holdings was acquired to monetize technologies optimized by Bordynuik's team, unrelated to data recovery.
The Company will commence operations with Plastic2Oil, a service that extracts fuel from plastic.
(take this from the 8k):
While mining through the research archive, John Bordynuik found the solution, catalyst and process to a break down plastics to liquid hydrocarbons. Mr. Bordynuik had
explored Plastic to Oil conversion when employed at the Ontario, Canada legislature but there was no research available at that time to make the conversion commercially
viable. This recently mined research was conducted when plastic was not as widespread as today and oil prices were very low. It appears to our management that the
research was conducted for non-commercial purposes and it had no commercial value at the time.
Our research has revealed that this process and catalyst is not presently commercialized. By integrating this technology into a large batch processor we believe, but cannot
guarantee, that we can accomplish the following:
Our management believes that this technology has significant advantages over biodiesel operations due to their high operating costs, the high costs of raw materials, and
the high energy requirements by their processes.
do your own DD as I did mine
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