current lease

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plankton

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current lease

posted on Jan 25, 2012 04:56PM

is slightly smaller, but we are getting a better rate on the front end of the new lease:

here is current from last quarterly:

Facility Lease

In March 2006 the Company entered into a sixty-two month lease, commencing June 1, 2006 and expiring July 31, 2011, for approximately 4,800 square feet. In May 2011 the Company entered into a lease extension through April 2012 at the same monthly rate of $6,534 excluding utilities and costs. Future lease commitments aggregated $45,740 at September 30, 2011.

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