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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna -- Ignore unavailable to you. Want to Upgrade?


To: scion who wrote (22064)4/8/2012 2:42:51 PM
From: scionRead Replies (1) | Respond to of 53574
 
11. Baldwin admits that JBI is a Nevada corporation that had a principal executive office in the District of Massachusetts from approximately 2009 until the summer of 2010 and now has a principal executive office in Thorhold, Ontario, Canada.

Baldwin further admits that JBI has operations in New York, that its subsidiary Javaco, Inc. (“Javaco”) has operations in Ohio, and that it leased a building in Pennsylvania.

Defendant otherwise denies the allegations in the first sentence of paragraph 11.

Baldwin admits that JBI is a technology company focused on its Plastic2Oil technology, and further admits that it is engaged in developing products with the goal of environmental sustainability, but denies that such development is merely “purported.”

Baldwin denies the allegations contained in the third sentence, but admit the allegations contained in the fourth and fifth sentences of paragraph 11.

Ronald Baldwin, Jr.'s ANSWER to 1 Complaint
Doc 13 PDF file
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SEC COMPLAINT

DEFENDANTS

First sentence:
11. JBI, Inc. is a Nevada corporation, with a principal place of business in Cambridge, MA for a portion of the relevant period and now has a principal place of business in Thorhold, Ontario, Canada, with operations in New York, Florida, Ohio and Pennsylvania.

Second sentence:
JBI purports to be a technology company focused on data restoration and recovery and environmentally engineered product development.

Third sentence:
JBI is quoted on the OTC Bulletin Board (JBII.PK). JBI formerly was known as 310 Holdings, Inc., and has been a SEC reporting company since 2006.

Fourth sentence:
JBI’s fiscal year ends December 31 and the quarter ending September 30 is its third fiscal quarter.

Note: Fifth sentence does not exist.

Doc 1 PDF file SEC COMPLAINT
sec.gov

11. Defendants admit that JBI is a Nevada corporation that had a principal executive office in the District of Massachusetts from approximately 2009 until the summer of 2010 and now has a principal executive office in Thorold, Ontario, Canada.

Defendants further admit that JBI has a Plastic2Oil Plant in New York, that its subsidiary Javaco, Inc. has operations in Ohio, and that it leased a building in Pennsylvania until February 2012, after which time such lease was assigned to the purchaser of its former subsidiary, Pak-It, LLC.

Defendants otherwise deny the allegations in the first sentence of paragraph 11.

Defendants admit that JBI is a technology company focused on its Plastic2Oil technology, and further admit that it is engaged in developing products with the goal of environmental sustainability, but deny any of the above is merely “purported.”

Defendants have developed and fabricated a 1 gallon, a 1 ton and two large scale processors which convert waste plastic into fuel.

Defendants deny the allegations contained in the third sentence, but admit the allegations contained in the fourth and fifth sentences of paragraph 11.

04/05/2012 12 JBI Inc.'s and John Bordynuik's Joint ANSWER to 1 Complaint
Doc 12 PDF file
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