Friday, August 14, 2009
310 Holdings Inc. Provides Shareholder Update and Will File 10Q On Monday, August 17
NIAGARA FALLS, Ontario, Aug. 14, 2009 (GLOBE NEWSWIRE) -- 310
Holdings Inc. (OTCBB:
TRTN) retains Gately and Associates as its new auditor and will
file the 10Q on Monday.
John Bordynuik, President and CEO of 310 Holdings, Inc.,
received notice this week that 310 Holdings' original auditor,
Moore and Associates, had unexpectedly retired, without giving the
Company sufficient notice. Moore and Associates assured management
that they had another PCAOB Registered Auditor ready to take over
auditing for 310 Holdings, Inc.
However, management was informed yesterday that the
newly-referred auditor would not be able to complete their review
of 310 Holdings, Inc. in time to file their 10Q as scheduled, since
they had a backlog of six other companies.
John Bordynuik, CEO and President, commented, "James Gately did
manage to review the 10Q, but unfortunately, due to time
constraints, the round of approvals required to edgarize and file
another 8k, and 10Q by the SEC cutoff time was impossible. We will
file the 10Q August 17."
The Company apologizes for this unfortunate delay, but feels
confident that with the election of Gately and his team, 310
Holdings will be able to ensure timely filings in the future.
Additionally, the Company wishes to advise shareholders that
events and material news are unfolding at a rapid pace. Therefore,
310 will be forthcoming with numerous press releases to keep the
investment community informed as to its progress. Keeping investors
updated on the corporate web site or through emails is not an
acceptable method to disseminate public information pursuant to SEC
disclosure rules. Unless the SEC allows public companies to
disseminate information by other means, the Company will continue
to update shareholders and investors through the public media.
310 Holdings, Inc. strives to remain clean, compliant, and
transparent with its investors and will therefore continue to
release frequent press releases to keep everyone up to date as the
Company expands and grows.
Furthermore, the Company is in the process of retaining a
competent and very experienced investment professional to handle
all investor relations duties, including communications with the
media and shareholders as well as writing press releases. Details
will be announced shortly.
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. 310
Holdings Inc. signed a definitive agreement to acquire and continue
tape data migration and transcription services of John Bordynuik
Inc. on June 25, 2009.
For more information, please see http://www.310holdings.com and http://www.johnbordynuik.com.
Forward-Looking Statements
This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act. The Private
Securities Litigation Reform Act of 1995 (PSLRA) implemented
several significant substantive changes affecting certain cases
brought under the federal securities laws, including changes
related to pleading, discovery, liability, class representation and
awards fees and of 1995. Those statements include statements
regarding the intent, belief or current expectations of 310
Holdings Inc., and members of its management as well as the
assumptions on which such statements are based. Prospective
investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from
those contemplated by such forward-looking statements. The Company
undertakes no obligation to update or revise forward-looking
statements to reflect changed assumptions, the occurrence of
unanticipated events or changes to future operating results.
CONTACT: 310 Holdings Inc.
John Bordynuik, President and CEO
john@310holdings.com
Investor Relations
Katie Matkowski
+1 (289) 296-5538
Katie@310holding.com