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To: jimmenknee who wrote (21835)4/5/2012 8:40:04 PM
From: Joseph B. SchmidtRead Replies (1) | Respond to of 53574
 
Claiming igorance, playing stupid and just simply not using common sense is no basis for a defense.



To: jimmenknee who wrote (21835)4/5/2012 8:43:20 PM
From: scionRead Replies (1) | Respond to of 53574
 
It stretches credulity to expect anyone to believe that nonsense.

And outright lies in a court case usually results in perjury charges.



To: jimmenknee who wrote (21835)4/5/2012 8:58:10 PM
From: the_big_guyRespond to of 53574
 
this is indefensible. Obviously, planning for future capital needs is part of a CFO's job. The basis of misrepresentation is not just that a person lied, but they "ought to have known" given their general responsiblities.

All i can say is that this whole affair is beginning to take on the mantle of a highly entertaining drama. ALl of the players are beginning to turn against each other. First it was ambulance-chasing law firms pitting shareholders against JBI, then it was shareholders pitting BOD members against the company, now it is Baldin vs. Burdynuik...

HIGH HIGH ENTERTAINMENT AND GREAT STUFF! The implosion will accelerate and this company will literally come apart...



To: jimmenknee who wrote (21835)4/5/2012 9:03:58 PM
From: scionRead Replies (2) | Respond to of 53574
 
On October 1, 2009, 310 Holdings, Inc. (the “Company”) entered into an Employment Agreement (the “Employment Agreement”) with Ronald Baldwin, Jr. The Company subsequently assigned and approved Mr. Baldwin to serve as the Chief Financial Officer to its wholly owned subsidiary Pak-It, LLC (“Pak-It”).

07/15/2009 (16:26 ET) TRTN: Announces $3M PIPE; Common Stock + Warrants - Knobias
07/15/2009 (12:54 ET) 310 Holdings Inc. Announces Detailed Update for All Shareholders and Prospective Investors On the Definitive Agreement - GlobeNewswire
07/10/2009 (09:18 ET) Stock Profiler.US: Stock Profiler.US: Stock Watch: EGOC, XDSL, TRTN - M2 Communications
07/09/2009 (09:00 ET) 310 Holdings Inc. Files Patent Application for Plastic2Oil Technology - GlobeNewswire
07/08/2009 (15:21 ET) 310 Holdings Inc. Celebrates Completion of Newest Generation of Tape Reading Technology - GlobeNewswire
07/01/2009 (06:03 ET) TRTN: Filed New Form 8-K, Material Event Disclosure - Edgar
06/30/2009 (14:53 ET) TRTN: Closes $200K PIPE; Common Stock @ $3 /share - Knobias
06/30/2009 (13:28 ET) 310 Holdings Inc. Announces Private Placement and New Massachusetts Office Location - GlobeNewswire

siliconinvestor.com

MorningLightMountain Saturday, July 10, 2010 3:05:21 AM
Re: BRIG_88 post# 8782 Post # of 175365

wow, and that was not released until Jan 4 2010 in an 8-K material event???.....3 months later, after a phone call to the CEO naming the exact day???

Posted Oct 6, 2009:

I talked to John again and asked about Ron taking over as CFO of TRTN and he sent me this in an email. Now we know exactly where we stand and what the plan is going forward.

Florida confirms his license is current.

Ron Baldwin will be the CFO for the entire company on Jan 1, 2010. PakIt is growing very quickly so we need to get systems in quickly to manage the reporting requirements. He is developing controls and systems with our team so that we have all entities automated and audit controlled. We need this to provide accurate and timely information for 10-Q’s. We are acquiring private companies that do not have systems in place for public quarterly reporting.


and the 8K months later confirms it, good connections on that phone and/or email:


Date of Report (Date of earliest event reported): January 1, 2010

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

On January 1, 2010, the Board of Directors of JBI, Inc., (the “Company”) appointed Ronald Baldwin, Jr. as the Company’s Chief Financial Officer.

sec.gov


PS: nice escrow agreement, I still say can this guy, and cut the losses.....he has already cost way more than this, just with the Withum bill:

In addition, the Company, Mr Baldwin and the law firm of MacFarlane, Ferguson & McMullen (the “Escrow Agent”) entered into an escrow agreement (the “Escrow Agreement”), whereby the Company has deposited $144,000 with the Escrow Agent representing a severance amount to be paid to Mr. Baldwin under certain circumstances set forth in the Employment Agreement.

siliconinvestor.com

BRIG_88 Tuesday, October 06, 2009 11:00:13 AM
Re: Rawnoc post# 8781 Post # of 175364

I talked to John again and asked about Ron taking over as CFO of TRTN and he sent me this in an email. Now we know exactly where we stand and what the plan is going forward.

Florida confirms his license is current.



Ron Baldwin will be the CFO for the entire company on Jan 1, 2010. PakIt is growing very quickly so we need to get systems in quickly to manage the reporting requirements. He is developing controls and systems with our team so that we have all entities automated and audit controlled. We need this to provide accurate and timely information for 10-Q’s. We are acquiring private companies that do not have systems in place for public quarterly reporting.



Due to our fast growth, we are implementing a company wide system to be used by all subsidiaries and then Ron will be the CFO of TRTN with a big auditor the first of the year.

Experience is important to us.



Hiring any CPA or general CPA as our CFO would be a bad move. We are hiring talented and highly experienced people – not plain-jane CPA’s.

siliconinvestor.com




To: jimmenknee who wrote (21835)4/5/2012 9:18:33 PM
From: scionRead Replies (1) | Respond to of 53574
 
I will save you the trouble and quote myself this time.

Me:

Quote:
The only mention of private placements that I recall at the AGM was someone's (Baldwin, I think) statement that the possibility of future PPs depends on the company's operations and revenue stream. I do recall him saying that if revenues were sufficient, the company would not do a PP, but I also recall him saying that he could not rule out the possibility of a future PP.


Johnik Friday, December 31, 2010 2:37:58 AM
Re: jimmenknee post# 86578 Post # of 175367
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