SideChannel Inc (SDCH): Borene signed that lease.. the DC office...

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Re: None

Thursday, 03/04/2021 2:19:09 PM

Thursday, March 04, 2021 2:19:09 PM

Borene signed that lease.. the DC office was opened when we had plenty of money to support the choice. When Covid hit, we reversed course on spending, including not paying leases. They stopped on all leases and virtualized the company....no need for officespace, like many tech companies have done (big and small) after stopping payments I'm sure the company began negotiating for lease terminations. They have already abandoned the space and turned it back over to the landlord. Im sure that it will not cost us anything with all the covid relief that's been available.

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