InvestorsHub Logo
Followers 17
Posts 1498
Boards Moderated 0
Alias Born 10/05/2015

Re: MonestHind post# 605

Wednesday, 07/27/2016 10:09:29 AM

Wednesday, July 27, 2016 10:09:29 AM

Post# of 3113
The expansion was in Washington, I don't see were you read expansion of facility.



Filings are clear(quoted below).

There was never any "expansion of a current facility." They simply agreed (on April 1) to sublet beginning on July 1st (which makes the existence of the recent PR that much more laughable):

Quote:
On April 1, 2016, the Company entered into a new sublease agreement for a facility located in Woodinville, Washington. The lease commences on July 1, 2016 and expires on January 31, 2020, and requires escalating monthly payments that range between $14,985 and $16,022, for a total of $633,836 in future lease commitments through the end of the lease term.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.