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Jimmy Quick

08/23/19 1:03 PM

#124024 RE: Stocked55 #124022

Indeed, acquiring this new headquarters was one of the most beneficial things they have done to date. Remember we are still on the hook, for $230K a year for rent at the old place until late 2020. But they are renting part of the space to someone for revenue of $120K a year. So whatever they did there, that was a nice partial offset to the $230K.

I sent them an email about renting out their unoccupied space as soon as they announced the new location purchase. They obviously were on top of that.