Replies to post #9057 on Great Tang Bid Technology Inc (GTBT)

[Gixene]

rsample, you are correct in regards to ESPI headquarters.

"On June 7, 2013 the Company subleased the Company’s Houston Texas office, improvements and certain equipment to a non-related third party. The sublease became effective July 1, 2013 with the term of the sublease coinciding with the original lease by the Company. The Company determined the remaining lease cost plus amortization and depreciation on the remaining leasehold improvements and equipment exceeded the sublease income by $274,555 and reflected a loss on disposal.

On June 27, 2013 the Company relocated the Scott Louisiana office and production facility. The unamortized leasehold improvement cost of $18,152 was charged to amortization of leasehold improvements in the quarter."