X0202 3 2008-06-04 0 0000855372 ECO2 PLASTICS INC ECOO.OB 0001244203 BUZBY DAVID S 30699 RUSSELL RANCH ROAD, STE. 250 WESTLAKE VILLAGE CA 91362 1 0 0 0 Common Stock 2339538 I Trustee, The Buzby-Vasan 1997 Trust Common Stock Purchase Warrants 0.0200 2008-06-04 2015-04-15 Common Stock 10918072 I Trustee, The Buzby-Vasan 1997 Trust Series B-1 Preferred Stock Common Stock 20000000 I Trustee, The Buzby-Vasan 1997 Trust The Series B-1 Preferred Stock is convertible at any time, at the holder's election and has no expiration date. The shares of Series B-1 Preferred Stock are immediately convertible into shares of Common Stock. The number of shares into which one share of Series B-1 Preferred Stock shall be convertible shall be determined by dividing the Original Issue Price of the series B-1 Preferred Stock by the existing Series B-1 Conversion Price. The existing Series B-1 Conversion Price shall initially be equal to the Original Issue Price of the Series B-1 Preferred Stock, which shall be subject to adjustment. /s/ David S. Buzby by Marla Glenn, Attorney in Fact pursuant to Power of Attorney 2008-06-16