All purchases of common stock of JBI were in exchange for shares of Domark International, Inc. The JBI shares were obtained under a debt settlement agreement which provided for the surrender of Domark shares owned by R. Thomas Kidd and Joan L. Kidd, husband and wife as tenants by the entireties.
Kidd Roy Thomas, et al. · SC 13D/A · Jbi/Inc · On 9/24/10
ITEM 4. PURPOSE OF TRANSACTION.
All JBI securities owned by R. Thomas Kidd and Joan L. Kidd, as tenants by the entireties, have been acquired for investment purposes only.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
? (a) On September 10, 2009, R. Thomas Kidd and Joan L. Kidd acquired 3,500,000 shares of 310 Holdings, Inc. from Domark International, Inc., by transferring Domark International, Inc. shares owned by R. Thomas Kidd and Joan L. Kidd, tenants by the entireties, to Domark International, Inc. The securities owned by R. Thomas Kidd and Joan L. Kidd, tenants by the entireties, as of the date herein represented approximately 5.51% of the issued and outstanding shares of 310 Holdings, Inc. common stock.
? (b) On October 20, 2009, R. Thomas Kidd and Joan L. Kidd, tenants by the entireties, agreed to transfer 100,000 shares of JBI under a consent of assignment agreement with Media4Equity and on December 23, 2009 R. Thomas Kidd and Joan L. Kidd, tenants by the entireties, transferred to JBI, Inc. 900,000 shares of JBI common stock pursuant to the terms of a settlement agreement executed by R. Thomas Kidd and Joan L. Kidd, husband and wife, as tenants by the entireties with Judith Vazquez and JBI, Inc.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.
Settlement agreement by and between R. Thomas Kidd & Joan L. Kidd, as tenants by the entireties, with JBI, Inc. and Judith Vazquez.
Consent to transfer media credits for consideration
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.
Date: September 24, 2010
By: /s/ R. Thomas Kidd /s/ Joan L. Kidd
R. Thomas Kidd Joan L. Kidd
Kidd Roy Thomas, et al. · SC 13D/A · Jbi/Inc · On 9/24/10
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