Plastic2Oil Inc (PTOI)

[100% CORRECT DD]

How many hours a week do you think Rick puts in as CEO of this PUBCO?

And....

With oil WELL under $48 a barrel again, do you think there is more money to be made turning plastic into oil, or do you think there is more money to be made lending the company money?

Keep in mind... Math doesn't lie!

Also do you think Rahoul QUIT and PTOI will never file another K or Q again? (Edit> Not only may have Rahoul tapped out but some longs are starting to tap out as well... Not *here* but over there*)

I'll ask again...Do you think there is more money in converting plastic into oil or do you think there is more money to be made lending the company money at 12%?

Base amount: $3,000,000.00
Interest Rate: 12%
Effective Annual Rate: 12.68%
Calculation period: 3 years

1 $380,475.09 $380,475.09 $3,380,475.09
2 $428,728.86 $809,203.95 $3,809,203.95
3 $483,102.41 $1,292,306.35 $4,292,306.35

And after 4 years:
4 $544,371.88 $1,836,678.23 $4,836,678.23


Just incase he compounded the interest yearly not monthly like above:

(interest compounded yearly - added at the end of each year)
Year Year Interest Total Interest Balance
1 $360,000.00 $360,000.00 $3,360,000.00
2 $403,200.00 $763,200.00 $3,763,200.00
3 $451,584.00 $1,214,784.00 $4,214,784.00
4 $505,774.08 $1,720,558.08 $4,720,558.08