Plastic2Oil Inc (PTOI)

[100% CORRECT DD]

Do you think CFO Rahoul quit and they will never file a K or Q again?

Did you know there is more money to be made in lending the company money than turning plastic into oil?

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