GlobalSCAPE (GSB)

[MikeDDKing]

The savings from the Andover office space represents $15K/quarter.

I also found this in the CC transcript which represents an additional savings of $56K/quarter relative to Q4. The savings relative to Q3 are lower. “Third, as previously announced, we continued to accrue Salary Expenses for Mr. Poole and Earl Posey, our former VP of Business Operations through December 31, 2008. These expenses totalled approximately $56,000 in the 4th Quarter. With the hiring of Jim Morris as CEO in August 2008, and the hiring of Craig Robinson as COO in October, we effectively incurred expenses for two additional executives during the 4th Quarter as compared to prior quarters. As of the end of 2008, we have no further Salary or Benefit Expenses associated with Mr. Poole or Mr. Posey's executive positions with the company.“