Therapeutic Solutions International Inc (TSOI): Page F14: https://www.otcmarkets.com/fil...

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Therapeutic Solutions International Inc (TSOI)

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Re: BigBadWolf post# 62925

Wednesday, 12/20/2023 10:55:03 AM

Wednesday, December 20, 2023 10:55:03 AM

Page F14: https://www.otcmarkets.com/filing/html?id=16659192&guid=IBT-kePL-zr2nVh

Note 11 – Commitments and Contingencies

Effective March 22, 2023, the Company entered into a sixth amendment to a Lease Agreement for property located in Oceanside, CA. The lease consists of approximately 1,700 square feet and the amendment is for a term of 60 months and expires on April 30, 2028. Total rent expense for the three months ended March 31, 2023 and 2022, is $6,261 and $6,261, respectively.

The lease will expire in 2028. The weighted average discount rate used for this lease is 5% (average borrowing rate of the Company).

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