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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna -- Ignore unavailable to you. Want to Upgrade?

To: MorningLightMountain who wrote (5505)	3/8/2011 8:20:41 PM
From: scion	Respond to of 53574

On June 17, 2010, the Company purchased a building to be used as a corporate office. The purchase price was $369,769. The Company put $97,308 down and the vendor took back a five-year mortgage for $272,461 at an interest rate of 7%. The mortgage is denominated in Canadian dollars and will fluctuate based on the exchange rate in effect. 10-K/A - Filing Date 2010-12-16 sec.gov Compared to - As of September 30, 2010 JBI was almost entirely debt free having paid out all consideration for newly acquired companies and retiring all debts, except for accounts payable in the normal course. JBI has one long-term liability in the form of a mortgage in the total amount of $271,845.00. This is payable in monthly installments of $1,610 (Canadian dollars), and this debt matures on July 15, 2015. Additional debt may be used in the future for new acquisitions or for general corporate purposes, and investors should always check the latest SEC filings for current information. plastic2oil.com 1 USD = 0.9714 CAD Today's date fxware.com