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Re: yoyomama post# 72618

Thursday, 02/16/2012 10:15:27 AM

Thursday, February 16, 2012 10:15:27 AM

Post# of 79474
Found this in one of the filings concerning the lease on Eastern:

On July 1, 2010, the Company relocated its principal executive offices from New York City to 6801 Eastern Avenue, Suite 203, Baltimore, Maryland 21224. Our new offices contain approximately 2,000 square feet under a written lease for a term of three years at an annual rent of $23,000.

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=7864456

So, the lease was through July, 2013.

We'd have to know the terms of the lease as to the timing. Likely there is timeframe according to Maryland commercial lease law that defines how long a tenant has to remedy the default, forfeiture of deposits, etc. The landlord wouldn't be filing unless the grace period was exhausted.


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