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To: scion who wrote (4628)1/17/2011 5:12:03 AM
From: scionRead Replies (1) | Respond to of 53574
 
I retained Anslow and Jaclin to handle the company's legal affairs. I hired Gately and Associates to handle the audits,...

Zardiw Share Wednesday, December 23, 2009 9:03:18 PM
Re: None Post # of 89472

John Bordynuik's response re: Joe Emas, and previous shell people:

With respect to Joe Emas:

When I purchased this company the first thing I did was to eliminate the
“shell” service providers who generally provide legal, stock, and
auditing support. There was little to be concerned about in this shell
as it was never able to establish its business plan or operations.

In this company, much like most other OTCBB shell companies, the lawyer
was Joe Emas, the transfer agent was Global Stock Transfer, and the
auditor was Moore and Associates. The first task was to replace the
shell-company service firms with those who serve operating companies with
real value.

I retained Anslow and Jaclin to handle the company's legal affairs. I
hired Gately and Associates to handle the audits, and Pacific Stock
Transfer acts as the transfer agent (they purchased Global's client
contracts when Global went under). We will be retaining a large audit
firm to handle our audits because our company is growing faster than a
small firm can reasonably handle.

Since replacing the shell service providers, I retained a rock star
management team. To begin with you have Robert Shoemaker, an MBA banker
with 20 years experience growing community banks from one to 10, then
public. Ron Baldwin Jr, our CFO was hired last year. He has his law
degree, is an accountant and auditor, and a few credits shy of an
engineering degree. Ron Baldwin Jr was the VP of a large hedge fund. As
well, you can see the bios of our other professionals hired within
management of our company to grow it. Our bios can be viewed here:
plastic2oil.com
I don’t get paid unless this company is highly successful. Value-based
management all the way.

Since acquiring JBI, I have strived to build this company by retaining
exceptionally talented professionals and retaining firms capable of
supporting our growth in full compliance with the regulatory agencies.

Large audit firms, law firms and transfer agents have all had their share
of blunders and that is no different than the small firms (ie: Emas). It
always comes down to management and the culture within the company. In our
case, our management team has the ethics, integrity and capability to
achieve exponential growth, honestly without the use of fancy calculations
or off balance sheet arrangements. Fortunately many of our shareholders
are in direct contact with us and many get involved to collectively build
something sustainable, real, and valuable.

I won't even emphasize the fact that we are sole-sourced by NASA, read
sensitive data for multi billion dollar Oil and Gas companies, provide
cleaning chemicals for the largest big-box retailers in the US (Home Dept,
Sears, target, KMart,etc..). Our performance speaks for itself.

Regards,

John Bordynuik
CEO
JBI

z
siliconinvestor.com



To: scion who wrote (4628)1/17/2011 5:25:33 AM
From: scionRespond to of 53574
 
Gately & Associates, LLC

310 Holdings/Inc · 8-K/A · For 6/25/09 · EX-99.1
Gately & Associates, LLC
Exhibit 99.1
INDEPENDENT REGISTERED AUDITORS REPORT

Gately & Associates, LLC and James P. Gately, CPA

Date of Board Action June 4, 2009
pcaobus.org

8-K 310 Holdings, Inc - Asset Purchase Agreement - assets of John Bordynuik, Inc. (“JBI”)

Item 1.01. Entry into a Material Definitive Agreement.

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.

sec.gov

Exhibit 10.1 ASSET PURCHASE AGREEMENT

5.17. Notices. Any notices or other communications required or permitted hereunder shall be sufficiently given if personally delivered to it or sent by registered mail or certified mail, postage prepaid, or by facsimile addressed as follows:

If to Seller:
John Bordynuik, Inc.
Attn: John Bordynuik
4536 Portage Road
Niagara Falls, Ontario Canada L2E6A8
Tel: (905) 354-7222
Fax: ( ) -

With a copy to:
Anslow & Jaclin, LLP
Attn: Gregg E. Jaclin, Esq.
195 Route 9 South, Suite 204
Manalapan, New Jersey 07726
Tel: (732) 409-1212
Fax: (732) 577-1188

If to Purchaser:
310 Holdings, Inc.
Attn: John Bordynuik
4536 Portage Road
Niagara Falls, Ontario Canada L2E 6A8
Tel: (289) 668-7222
Fax: ( ) ___-___

sec.gov

310 Holdings/Inc · 8-K/A · For 6/25/09 · EX-99.1
Gately & Associates, LLC
Exhibit 99.1
INDEPENDENT REGISTERED AUDITORS REPORT

To the Board of Directors
310 holdings, Inc.

The accompanying statement was prepared to present the schedule of property being purchased by 310 holdings, Inc. pursuant to a purchase agreement described in note 1, and is not intended to be a complete presentation of the assets and liabilities of 310 holdings, Inc.

In our opinion, the accompanying statement of property presents fairly, in all material respects, the property per the purchase agreement referred to in note 1, in conformity with Generally Accepted Accounting Principles.

This report is intended solely for the use of the Board of Directors and management of 310 holdings, Inc. and should not be used for any other purpose.

Gately & Associates, LLC
July 9, 2009


sec.gov

Form S-1 - John Bordynuik, Inc. - REGISTRATION STATEMENT 2009-04-06

sec.gov

GATELY & ASSOCIATES, LLC.

EX-23.1 3 fs123i_jbi.htm ACCOUNTANTS CONSENT
Exhibit 23.1
sec.gov

INDEPENDENT AUDITORS' CONSENT

We hereby consent to the use in this Registration Statement on Form S-1 of our report dated September 12, 2008, relating to the consolidated financial statements of John Bordynuik, Inc.

We also consent to the reference to our firm under the caption "Experts" in the Registration Statement.

/s/ Gately & Associates, LLC.

GATELY & ASSOCIATES, LLC.

Altamonte, Florida
April 6, 2009

sec.gov

EX-5.1 2 fs1ex5i_jbi.htm LEGAL OPINION
sec.gov

Exhibit 5.1

ANSLOW & JACLIN, LLP

April 6, 2009

John Bordynuik, Inc.
4536 Portage Road
Niagara Fal1s, Ontario Canada L2E6A8

Gentlemen:

You have requested our opinion, as counsel for John Bordynuik, Inc. a Delaware corporation (the "Company"), in connection with the registration statement on Form S-1 (the "Registration Statement"), under the Securities Act of 1933 (the "Act"), filed by the Company with the Securities and Exchange Commission.

The Registration Statement relates to an offering of 9,697,375 shares of the Company’s common stock.

We have examined such records and documents and made such examination of laws as we have deemed relevant in connection with this opinion. It is our opinion that the shares of common stock to be sold by the SELLING shareholders have been duly authorized and are legally issued, fully paid and non-assessable.

No opinion is expressed herein as to any laws other than the State of Delaware of the United States. This opinion opines upon Delaware law including the statutory provisions, all applicable provisions of the Delaware Constitution and reported judicial decisions interpreting those laws.

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the reference to our firm under the caption “Experts” in the Registration Statement. In so doing, we do not admit that we are in the category of persons whose consent is required under Section 7 of the Act and the rules and regulations of the Securities and Exchange Commission promulgated thereunder.

Very truly yours,

ANSLOW & JACLIN, LLP

By: /s/ Gregg E. Jaclin
ANSLOW & JACLIN, LLP

195 Route 9 South, Suite 204, Manalapan, New Jersey 07726
Tel: (732) 409-1212 Fax: (732) 577-1188

sec.gov