X0202 3 2008-06-04 0 0000855372 ECO2 PLASTICS INC ECOO.OB 0001196460 HUTTON GEORGE THOMPSON C/O WHITE MOUNTAINS INSURANCE GROUP, LTD 80 SOUTH MAIN STREET HANOVER NH 03755 1 0 0 0 Series B-1 Convertible Preferred Stock Common Stock 12613013 I Trustee, Hutton Living Trust dtd. 12-10-96 Common Stock Purchase Warrants 0.02 2008-06-04 2015-04-15 Common Stock 10918072 I Trustee, Hutton Living Trust dtd. 12-10-96 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. G Thompson Hutton 2008-06-16