I get it now!
Nevada-incorporated JBI, Inc. = 310 Holdings (TRTN/JBII)
Delaware-incorporated JBI Inc. = Expedite 2 (dark company with only one shareholder: John Bordynuik)
--Expedite 2 acquired Ontario-based JBI, Inc. and incorporated them in Delaware. Expedite 2 changes their name to JBI, Inc. and 310 Holdings acquires the assets of JBI, Inc for shares of the new company (creates a Nevada corporation JBI, Inc.). Expedite 2 controls the JBII shares issued as payment. John Bordynuik is the CEO and sole shareholder of Expedite 2.
Feb 10, 2006: John Bordynuik, Inc.(JBI, Inc.) an Ontario Corporation was incorporated by John Bordynuik
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Sep 27, 2007: Expedite 2 incorporated in Delaware
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Feb 10, 2009: Expedite 2 acquires Ontario-incorporated JBI, Inc. (John Bordynuik President), for 58,521,000 shares of Expedite 2.
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Feb 13, 2009: Expedite 2 amends it's Articles of Incorporation with the Delaware SOS to change it's name to John Bordynuik, Inc. (JBI, Inc.). JBI, Inc. now incorporated in Delaware.
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Apr 6, 2009: Expedite 2 (Delaware-incorporated JBI, Inc.) files S-1 to register 9,697,375 shares of JBI, Inc for sale
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Apr 24, 2009: John Bordynuik purchases 40,250,000 shares of 310 Holdings common stock (TRTN) from former CEO Nicole Wright for $80,000 (representing 63% of the OS). 310 Holdings (TRTN) is eventually renamed JBII.
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Apr 24, 2009: 310 Holdings (TRTN) announces that Nicole Wright actually resigned on Feb 27, 2009 and had appointed John Bordynuik as the sole Member of the Board of Directors, CEO and CFO of 310 Holdings prior to that
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May 8, 2009: Delaware JBI, Inc. (Expedite 2) CEO John Bordynuik appoints Christopher Duignan as CFO of JBI, Inc. (Expedite 2)
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June 25, 2009: Expedite 2 (Delaware-incorporated JBI, Inc.) withdraws it's S-1
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June 25, 2009: TRTN enters into "Asset Purchase Agreement" with John Bordynuik (Expedite 2 / DE-incorporated JBI, Inc.) to acquire magnetic tapes and data recovery equipment from John Bordynuik, Inc. (JBI).
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June 26, 2009: Expedite 2 files Form 15-12g to go dark, reporting CEO John Bordynuik is the sole shareholder
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June 30, 2009: TRTN (John Bourdynuik, CEO/CFO) issued 66,667 shares of TRTN common stock to JBI, Inc.(Expedite 2 / a Delaware corporation controlled by John Bordynuik) in a private placement for $200,000 ($3 per share)
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June 30, 2009: TRTN issues 23,846 shares of restricted common stock to John Bordynuik to satisfy loans made for operating capital in the amount of $71,538 ($3 per share).
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June 30, 2009: 310 Holdings incorporates John Bordynuik, Inc. (JBI) as a wholly owned subsidiary in the State of Nevada
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July 15, 2009: TRTN announces the issuance of 809,593 shares of JBII common stock to Delaware-incorporated JBI, Inc. (Expedite 2), closing the "Asset Purchase Agreement" with Delaware-incorporated JBI, Inc (Expedite 2).
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Expedite 2:
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.
JBI is an Ontario Corporation incorporated on February 10, 2006. JBI reads high volume legacy data computer tapes for large institutions and corporations. JBI is sole sourced by NASA and Massachusetts Institute of Technology (MIT) to read their 7 & 9 track computer tapes written from the 1960’s to 2000. Millions of tapes were written during this period and the data has not been recoverable to date.
John Bordynuik, President of JBI, has developed the technology to read legacy data computer tapes and to extract and recover the valuable data contained therein. Mr. Bordynuik has built a reputation in legacy data recovery and has completed recovery projects for NASA, MIT, the United Nations (UN), the Ontario Provincial Government, and other institutions and Fortune-100 companies and their founders. Mr. Bordynuik has assigned this technology to JBI.
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