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Re: PaperProphet post# 89966

Thursday, 01/20/2011 7:45:14 PM

Thursday, January 20, 2011 7:45:14 PM

Post# of 312016
You missed a few offerings mentioned in #3. There were 4 offerings and probably 5 (given the filings).

The 2 at origin are the "originals" from the private Canadian company-- these total over $4 million and are the most interesting to me given I am having a problem tracking them thru to JBI-NV despite posters professing to have participated in the "IPO" in 2008 and then eventually having their shares swapped 1 for 1 with JBI-NV shares. Problem is the "assets" track via the completed RM to the JBI-DE entity and then partial assets were purchased by the JBI-NV entity, which is know the only broadly "recognized" "all-in-one" company. (To note the JBI-DE public company filed an S-1 [registration statement] for approximately 270 people/entities to sell shares and then seemingly abruptly withdrew it and went "dark." According to available filings/info, there are still assets there and I continue to be of the opinion that that entity is a source for John to receive income and still truthfully pronounce a $1 salary through JBI-NV.)

JBI is an Ontario Corporation incorporated on February 10, 2006.

Transaction Date
No of Purchasers
Issuer/Security
Total Purchase Price ($)
No of Securities Distributed

06/16/2008 to 11/13/2008
204
John Bordynuik Inc. - Common Shares
2,932,890.00
23,463.12

http://www.oscbulletin.carswell.com/bb/osc/bb/3149/on3149.htm#toc

06/22/2008 to 08/05/2008
19
John Bordynuik Inc. - Common Shares
1,469,265.00
11,754.12

http://www.oscbulletin.carswell.com/bb/osc/bb/3220/on3220.htm

We were founded in the State of Delaware on September 27, 2007 as Expedite 2, Inc. On February 10, 2009 we entered into a Stock Purchase and Share Exchange Agreement (“Exchange Agreement”) with John Bordynuik, Inc. (“JBI”), an Ontario corporation and each of the JBI Shareholders whereby JBI became our wholly owned subsidiary. On February 13, 2009 we filed a Certificate of Amendment changing our name to John Bordynuik, Inc.

http://www.secinfo.com/d151E3.sXq.htm

The close of the transaction (the "Closing") took place on February 10, 2009 (the “Closing Date”). On the Closing Date, pursuant to the terms of the Exchange Agreement, we acquired all of the outstanding shares (the “Interests”) of JBI from the JBI Shareholders; and the JBI Shareholders transferred and contributed all of their Interests to us. In exchange, we issued to the JBI Shareholders, their designees or assigns, 58,521,000 shares of our common stock or 99 per cent of the shares of Expedite common stock issued and outstanding after the Closing.

http://www.sec.gov/Archives/edgar/data/1415602/000121390009000261/f8k021009_expedite2.htm

On June 25, 2009, 310 Holdings, Inc., (the “Company”) entered into an asset purchase agreement (the “Agreement”) to purchase and assume certain assets of John Bordynuik, Inc. (“JBI”), a Delaware corporation. This is an arms-length agreement between the Company and JBI by President and CEO John Bordynuik, who is the majority shareholder in both 310 Holdings and John Bordynuik Inc.

Under the terms of the Agreement, the Company will issue 809,593 shares of common stock, par value $0.001 per share in consideration for the assets of JBI. The closing of the Agreement occurred on July 15, 2009.

http://www.sec.gov/Archives/edgar/data/1381105/000121390009001773/f8k062509a1_310.htm