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Post# of 294592
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tandrel

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tandrel

Re: None

Tuesday, 06/24/2014 9:40:29 AM

Tuesday, June 24, 2014 9:40:29 AM

Post# of 294592
$GARB On June 18, 2014, the Company entered into a material contract, a Capital Lease Purchase Agreement for the Largo commercial property located at 1185 Gooden Crossing, Largo, FL. The agreement's purchase amount is $1,385,000.

As a capital lease, the full $1,385,000 will be recognized as an asset on the Company's balance sheet on the date occupancy begins.
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