To: scion who wrote (4067 ) 12/20/2010 8:23:55 PM From: SteveF Read Replies (3) | Respond to of 53574 Are they in the OS? The OS was 63,700,000 when JBII purchased 40,250,000. Today the OS is 51,246,926. JB returned 31 million meaning almost 20 million shares have been issued by JB. Those 9.97 mill don't really fit considering 9 mill for the pipe, 4 mill for Pak-It, 3.5 mill to Kidd, etc... Either some of those Expedite2 holders were counted as part of the $.80 PIPE or JB got a hold of some of the 21 mill shares from the original TRTN financiers and cancelled/reissued those. Wasn't there brief talk about JB acquiring some of those old shares - back when they "knew who was selling"? I remember reading posts about it from summer 2009. I'll have to dig into the filings to see exactly when the OS showed the increase. Here's the old OS timeline from the old filings (not updated with much from the restatements): 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.sec.gov May 20, 2009: JBII (then TRTN) OS is 63,700,000sec.gov May/June, 2009: JBII OS is 53,730,000 (maybe, needs another source): "Mr. Bordynuik returned and retired 9,970,000 common shares to the Company during 2009" (63.7-9.97=53.73 mill OS)sec.gov June 30, 2009: JBII OS is 53,790,513sec.gov Nov 6, 2009: JBII OS is 58,100,106. AS is raised from 70 million to 150 million.sec.gov Nov 16, 2009: JBII OS is 58,725,106sec.gov Dec 2009: 1 million shares of JBII Series A Super Voting Preferred Stock issued to John Bordynuik in exchange for 30,000 shares of JBII common stock returned to the companysec.gov Jan 27, 2010: JBII OS is 68,701,056 sec.gov Mar 2, 2010: 21,000,000 shares were returned to the Company and retired by CEO John Bordynuiksec.gov