Stella Diagnostics Inc (SLDX)

[dukeb]

a) The build out was EXPENSED (and not capitalized/depreciated as you and I both pointed out. Further evidence that the FINS are a joke.

b) Most commercial leases that I've seen indicate that upon lease termination ownership of the improvements automatically become the property of the building owner. Perhaps ORTC's arrangement is different but if someone can estimate the value of drywall, wiring, flooring, etc. that has been removed so that ORTC can...resell it or use it elsewhere??? then that would be a really interesting number.

c) Alternatively I've seen leases that indicate that upon lease termination the tenant is responsible for restoring the property to its pre-lease condition. That is, the tenant has to spend money to rip out the walls, wiring, etc.

d) It's clear that ORTC is LEASING the office. No quibbling on that because they own the interior walls and floors. I lease in a commercial building and would never claim that I owned my space. I spent thousands on architectural plans and construction for my buildout (which I capitalized and depreciated, BTW since that's what legitimate businesses do).

d) Do we know if any of this has anything to do with TDEY?