Here is your answer from pharmstar In regards to the facility in Wilson,NC
Purchase agreement still in place based on this response!
Appears as if they lease the building with intent to purchase!! One thing to remember is until Aquaprin goes to market,PHAR isn't making money that is required to make purchases such as this!unless you all want them to dilute the piss out of PHAR to buy a building?? Not what I would want!!
"We have a lease / purchase agreement. We did no have the cash to purchase it immediately. We have applied for a mortgage. we had a mortgage commitment but we were not satisfied with the terms."
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