InvestorsHub Logo
Followers 19
Posts 1236
Boards Moderated 0
Alias Born 04/03/2014

Re: CommonCents4Dollars post# 15104

Thursday, 02/12/2015 4:35:23 PM

Thursday, February 12, 2015 4:35:23 PM

Post# of 128687
The financials I looked at said:

For the 3 months ended Sept 30, 2014 they paid rent of $261,692 and for the nine months it was $723,757

$261,692 / 3 = $87,230 per month
$723,757 / 9 = $80,417 per month

This is in Note 12 to the Interim Consolidated Financial Statements. I'm not sure where you are looking, but let me know if I've made an egregious error in my math somewhere.

I do note that they appear to have prepaid a large amount of rent, so perhaps the cash portion is lower, for now.