TRTN -- 310 Holdings Inc.

I looked and did not see TRTN. This is a company that looks progressive.
TRTN 310 Holdings Inc is a information retrieval company. The new CEO, who bought 63% of the co. , has ties to NASA. They are also branching into recycling plastic by turning it back into oil. The one thing that bothers me is the very low volume of trade. Any ideas on volume? Appears to have begun selling on OTC 7-06.
This is a quote from the TRTN website,” I, John Bordynuik, have recently acquired 63% of 310 Holdings Inc (TRTN). I will not affect a reverse stock split of TRTN. I will not reverse merge another company into TRTN.”


310 Holdings Inc. Files Patent Application for Plastic2Oil Technology
9:00a ET July 9, 2009 (GlobeNewswire)
310 Holdings Inc. (OTCBB:TRTN) today announces it is filing a patent application to protect the Company's Plastic2Oil process and technology.
310 Holdings Inc. has developed a process to break down plastic molecules in order to extract fuel from plastic: Plastic2Oil. This procedure utilizes a process and catalyst that is not presently commercialized.
John Bordynuik, 310 Holdings Inc. President and CEO said, "As soon as our patent application has been accepted by the USPTO and as soon as we receive the gas chromatograph, we will demonstrate our technology on a small scale with our small Plastic2Oil processor. We believe this will adequately disclose and affirm the viability of our Plastic2Oil process by exhibiting the low processing time and high yield."

The Company is looking forward to the following schedule of events: * July 14, 2009: The gas chromatograph is scheduled to arrive at 310 Holdings Inc. * July 15, 2009: Anticipated closing date of Asset Purchase Agreement from John Bordynuik Inc. * July 16, 2009: Large Batch Plastic2Oil Processor Machine leaving port from China to North America * August 1, 2009: 310 Holdings Inc. is scheduled to receive the keys for our new Massachusetts office at 500 Technology Square, Cambridge, MA. * August 13, 2009: Anticipated arrival date of Large Batch Plastic2Oil Processor from China.

"We are very excited to have our own in-house analysis lab so we can dynamically change the variables within our small processor to quickly perfect the process and determine processing time and yield," said Mr. Bordynuik.

* Approximately one liter of fuel is extracted from a kilogram of plastic. * The gas byproduct provides the energy necessary to fuel the process thereby eliminating energy costs. * Due to our catalyst and a highly optimized process, fuel can be extracted in four hours from a large source of raw unwashed, mixed plastics. * Raw plastic materials can be acquired in many forms at little or no cost.

About 310 Holdings, Inc.
John Bordynuik purchased 63% of the issued and outstanding shares of 310 Holdings on April 23, 2009. Subsequently, John Bordynuik was appointed President and CEO of the Company. Management has commenced operations with Plastic2Oil, a process and service that extracts fuel from plastic. 310 Holdings Inc. is incorporated in the State of Nevada and is publicly traded on the NASDAQ OTCBB under the symbol "TRTN".
For more information, please see 310 Holdings Inc. - 310 Holdings Home Page and John Bordynuik, Inc..
New CEO
1. CEO, John Bordynuik, is a very well respected scientist with ties to NASA, MIT, numerous Fortune 100 companies, United Nations, US Army. Website: John Bordynuik, Inc. .

2. Bordynuik has a very profitable private company that reads the 'unreadable', i.e. the over 50 million computer tapes from the early computer era (60's-80's). There is a wealth of information on those tapes, and he developed his own tape drives to read these degraded tapes.

3. He has a contract with NASA and gets paid $22 per tape to recover the data. They are processing about 700 tapes a day.
2. owns 63%
310 Holdings Inc. is Opening a New Cambridge Tape Reading Facility
2:13p ET July 28, 2009 (GlobeNewswire)
310 Holdings Inc. (OTCBB:TRTN) is pleased to announce the scheduled opening of their new tape-reading facility at 500 Technology Square, Suite 150, Cambridge, MA on August 3, 2009. This state-of-the-art site will be housing 18 tape drives employing the Company's latest generation of its proprietary, highly effective magnetic media reading technology. Each shift, run by just one staff member, can process 576 open reel tapes. These highly-automated drives can each read one tape every 15 minutes. Cartridge media will also be processed, further augmenting the Company's revenue stream. Management believes this site will be fully operational by the end of August.
John Bordynuik, 310 Holdings Inc. President and CEO commented, "We look for this division to be highly profitable, since we have an abundance of business and have already fully paid for the hardware. We will net about $22 per tape with a cost factor of approximately $1.50 for each one. The low cost at this facility is due to a number of factors including: highly automated technology, very low material handling involved, the drives are fully paid for, engineering is complete, and the cost of this facility is less than $150,000/year with very low step costs for additional shifts."
The Company will immediately begin to direct some tape processing to this new facility as well as process tapes that cannot be exported from the United States.

Still researching this one, greenthumb