Replies to post #22701 on Cannabis Science Inc (fka CBIS)

[platero]

B. Operating Leases

We currently lease a laboratory and office space at 2422 S. Trenton Way, Unit H, Denver, CO 80231, under a five year and three month lease, which ends on February 14, 2016.

Lease commitments for monthly base rent are as follows:
- Year 1 (2011) $ 41,207
- Year 2 (2012) $ 48,835
- Year 3 (2013) $ 50,825
- Year 4 (2014) $ 52,815
- Year 5 (2015) $ 54,805
- Year 6 (2016) $ 6,882
$ 255,369