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Saturday, 08/01/2009 2:41:53 AM

Saturday, August 01, 2009 2:41:53 AM

Post# of 71722
The company has a contract with NASA:

Through the agreement, 310 Holdings Inc. is able to use the specialized hardware
and software to immediately service existing clients of John Bordynuik Inc.,
which includes processing thousands of tapes from NASA.

Latest News Release:

=======================================


310 Holdings Inc. Announces Detailed Update for All Shareholders and Prospective
Investors On the Definitive Agreement

NIAGARA FALLS, Ontario, Jul 15, 2009 (GlobeNewswire via COMTEX) -- 310 Holdings
Inc. (TRTN) today announced that it completed a definitive agreement to acquire
and continue tape data migration and transcription services of John Bordynuik
Inc., an agreement that was signed on June 25, 2009.

With this agreement, 310 Holdings Inc. purchased certain assets of John Bordynuik
Inc., including its custom tape processing hardware, its Swahili data migration
system, fixed assets, and its current customer base. The consideration for the
acquisition of the assets is shares of 310 Holdings Inc. restricted common equal
to the value of the assets. An 8k is being filed shortly that includes asset
details and a proforma financial statement for the tape operating profit center
only.

Through the agreement, 310 Holdings Inc. is able to use the specialized hardware
and software to immediately service existing clients of John Bordynuik Inc.,
which includes processing thousands of tapes from NASA.

Since the agreement was signed, 310 Holdings Inc. has processed tapes including
HRIR data for Apollo 14, Apollo 15, Nimbus III, and Nimbus IV, and is currently
processing Viking Lander I tapes. As part of its data migration profit center,
the Company has expanded its repertoire to include imaging of both film and
microfiche, and is doubling the resolution of solutions that is currently on the
market.

310 Holdings Inc. will continue to charge a flat rate fee of $22 per tape for
volume data recovery migration services. None of JBI's liabilities are being
assumed by 310 Holdings Inc. The fixed assets are presently valued at
approximately $500,000 after depreciation. This equipment includes in excess of
15 multi-core HP servers in a cloud configuration, dozens of HP workstations, a
complete 40-foot mobile data recovery container loaded with 18 tape drives and
JBI technologies to read tapes off-site; another 45 customized tape drives; and
other related supporting assets.

This is an arms-length agreement between 310 Holdings Inc. and John Bordynuik
Inc. by President and CEO John Bordynuik, who is the majority shareholder in both
310 Holdings and John Bordynuik Inc.

John Bordynuik, President and CEO of 310 Holdings Inc., said, "While we were only
able to recognize revenue from the tape processing for the last two days of the
quarter, this acquisition has made us profitable immediately and will be detailed
in our quarter financials that will be released shortly."

Private Placement:

310 Holdings Inc. is also announcing a $3 million private placement for stock and
long term warrants in the company. This stock will be sold at above market prices
and will not dilute existing shareholders as John Bordynuik returned 10 million
shares to the treasury to facilitate growth.

The capital is being raised to facilitate two future acquisitions that align with
310 Holdings Inc.'s growth model.

Management would like to note that this private placement is intended for
shareholders looking to grow long-term with the Company, and not for flippers or
traders. The issuance of long-term warrants along with above-market purchase
prices was instituted to place the Company's stock in strong hands with those who
want to assist the Company in moving to a larger exchange. 310 Holdings will be
filing a Prospectus with the Ontario Securities Commission in order to facilitate
future private placements within the Province of Ontario, and a Regulation D
filing with the SEC.

310 Holdings Inc. will use these funds to acquire profitable companies whose
owners and management are looking for stock-based incentives and/or retirement.
These target companies must have consistent revenues, be are already profitable,
and will benefit from an injection of the Company's technology to facilitate
rapid growth.

Management would like to address the questions directed at the Company regarding
trading on the OTCBB exchange. Management is not particularly satisfied with
trading on this exchange and is working to move to a higher exchange as soon as
possible. It is premature to explore this until the Company's share price meets
the minimum requirements of a higher exchange. Management has been in discussions
with market makers and they have advised that they will create a market for the
Company on a larger exchange. Management is confident that the revenue
requirements will be satisfied, but we have not yet satisfied the number of
shareholders and minimum share price requirements. As of today, there are more
than 250 shareholders of 310 Holdings on record, but more is required to move to
a larger exchange.

Plastic2Oil:

Plastic2Oil will convert tires to oil at a yield of approximately 45 per cent
fuel and the remaining byproducts are carbon powder and steel wire.

A gas chromatograph is being installed at this moment. The Company will be
releasing detailed results shortly.

The Company is presently negotiating long-term agreements to acquire raw
materials at no cost or negative cost to the Company, including transportation
expenses paid by the supplier. Presently municipalities pay to direct these
materials to landfill and are willing to direct these materials instead to 310
Holdings Inc. given that the fees to receive those materials are less.

The Company will demonstrate its technology on a small scale with a small
Plastic2Oil processor. By integrating this technology into a large batch
processor, the Company believes that it can accomplish the following:



--Approximately one liter of fuel is extracted from a kilogram
of plastic.
--The gas byproduct provides the energy necessary to fuel the
process, thereby eliminating energy costs.
--Due to our catalyst and a highly optimized process, fuel can
be extracted in four hours from a large source of raw
unwashed, mixed plastics.
--Raw plastic materials can be acquired in many forms at no cost
or even a negative cost.



Name Change and New Symbol:

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.

Stock Promoters

310 Holdings 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."

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. Management has commenced operations with Plastic2Oil, a process
and service that extracts fuel from plastic. 310 Holdings Inc. completed a
definitive agreement on July 15, 2009 to acquire and continue tape data migration
and transcription services of John Bordynuik Inc. 310 Holdings Inc. is
incorporated in the State of Nevada and is publicly traded on the NASDAQ OTCBB
under the symbol "TRTN".

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

Raw

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