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To: BRIG who wrote (18969)2/17/2012 10:04:10 AM
From: SteveF
of 44126
 
BRIG_88 Member Level
Tuesday, September 29, 2009 2:30:12 PM
Re: guzaling post# 8264
Post # of 165970

I have some information to post after this [Pak-It] acquisition closes to give everyone some perspective on my investment in TRTN.

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BRIG_88 Member Level
Tuesday, September 29, 2009 3:01:31 PM
Re: micham2012 post# 8268
Post # of 165970

I just got off the phone with John. He told me point blank the chemical company acquisition WILL close tomorrow as he stated previously in a PR. He said he has 13 pallets of tapes to process as of right now and they are processing those tapes with more coming. They are VERY busy on that front. He said the gloves did cause a problem at customs and he is waiting on the rest of the machine to arrive now.

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BRIG_88 Member Profile BRIG_88 Member Level
Wednesday, September 30, 2009 4:27:51 PM
Re: None
Post # of 165968

I just talked to John. The acquisition was completed today. I would expect we'll see a PR on it before long...The deal DID close.

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BRIG_88 Member Profile BRIG_88 Member Level
Tuesday, September 29, 2009 3:13:08 PM
Re: Rawnoc post# 8282
Post # of 165968

Might be. BTW i was wrong on the number of pallets stacked up to be processed....it isn't 13 it's 19 pallets of tapes they are wading through....$$$$$$$$!!!!

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BRIG_88 Member Profile BRIG_88 Member Level
Thursday, October 01, 2009 11:17:29 AM
Re: Zardiw post# 8391
Post # of 165970

I think i can see where John's going with this acquisition....when he rolls out the P2O machines i think the chemicals you add to it to operate it are going to be in packet form.....thoughts?

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BRIG_88 Member Profile BRIG_88 Member Level
Thursday, October 01, 2009 11:27:27 AM
Re: Zardiw post# 8401
Post # of 165970

John's plan is starting to become clear here as one acquisition links with the next.

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BRIG_88 Member Profile BRIG_88 Member Level
Thursday, October 01, 2009 9:57:45 PM
Re: Estimated_Prophet post# 8473
Post # of 165970

Thanks for the reminder. I asked John how much of his OWN money....as in cash from his pocket has he sunk into TRTN. He told me 3 million dollars. So we have a CEO who used his own money to get this company off the ground. His money is where his mouth is and i like that.

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To: BRIG who wrote (18969)2/17/2012 10:16:01 AM
From: SteveF
of 44126
 
Was that even enough to cover the Laws lawsuit settlement? Bordynuik doesn't care - it's your money, not his.

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To: SteveF who wrote (18973)2/17/2012 10:22:48 AM
From: donpat
of 44126
 
Re--He told me 3 million dollars.--

Wow!!

I didn't realize that.

I wonder if it's true.

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To: donpat who wrote (18975)2/17/2012 10:25:45 AM
From: SteveF
of 44126
 
Of course it isn't true. Bordynuik had to borrow $50,000 from Expedite2/DE-JBI a few months earlier just to acquire control of TRTN.

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To: SteveF who wrote (18976)2/17/2012 10:31:17 AM
From: donpat
of 44126
 
But BRIG said it.

Surely he is accurate in his reporting.

Only thing I can figure is it was a poor phone connection or somebody is playing loose wif da truf.

Surely not BRIG!

So - who was on the other end of that phone connection??

Just looking for info.

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To: SteveF who wrote (18976)2/17/2012 10:31:51 AM
From: jimmenknee
of 44126
 
I think he thinks the Canadian PP was his in the loose terms allowable-- there is no reason to believe that PP money wasn't used to buy Expedite 2 and 310. 1st accounting for Canadian PP is ~2.6 million, over 1/2 burned through before he got to TRTN.

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To: donpat who wrote (18977)2/17/2012 10:33:15 AM
From: SteveF
of 44126
 
Apparently he doesn't mind being lied to dozens of times over 3 years, being used to spread those lies and still wants to give the guy $$$. Makes perfect sense.

Finder's fees? What finder's fees?

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To: SteveF who wrote (18979)2/17/2012 10:37:04 AM
From: donpat
of 44126
 
I'm NOT the sharpest tool in the box so I find all this rather confusing.

I guess I'll have to rely on the SEC and those who know the details involved in accounting and such to straighten this all out.

In the meantime - I remain confused and wary.

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To: jimmenknee who wrote (18978)2/17/2012 10:38:42 AM
From: SteveF
of 44126
 
there is no reason to believe that PP money wasn't used to buy Expedite 2 and 310.

Expedite2 cost $30,000. 310 cost $80,000. What did he spend the other $2,890,000 on by Sep 30, 2009?

I don't even see where that much cash has been spent on anything in their filings.

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To: SteveF who wrote (18973)2/17/2012 10:39:28 AM
From: dreaminbig
of 44126
 
Are these some of those 19 pallets of tapes?


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