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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna

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To: scion who wrote (948)	6/11/2010 2:53:56 PM
From: SteveF	Read Replies (1) of 53574

Baldwin came from Pak-It. He was hired the day after the Pak-It acquisition: Sep 30, 2009: JBII acquires Pak-It for 625,000 shares of JBII common stock plus $3,865,000 in promissary notes due on Dec 29 (a $1.2 million "Loan Agreement" note at 10% interest and a $2.665 million "Liability Note" at 10% interest) sec.gov Oct 1, 2009: JBII enters into $144k/yr employment agreement with Ronald Baldwin (CPA) and assigns him as Pak-It CFO. sec.gov Jan 1, 2010: Pak-It CFO Ronald Baldwin appointed to JBII Board of Directors sec.gov

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