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gibbon1

01/13/14 8:19 AM

#4530 RE: emailjanum #4476

From SEC filing in August. You did not even pull up links as your post said "I got link" as if 1 link and there were 3. You just want me to do all the homework?
On August 21, 2013, the registrant entered into a lease agreement with the Effingham County Industrial Development Authority, an instrumentality of the State of Georgia. Under this lease agreement, the registrant will lease approximately 1,550 acres of land located within Effingham County, Georgia. The lease is effective from August 21, 2013 through July 1, 2033. No rent payments are due for the first two years, and the total rent of $10,000,000 will be paid in 18 annual installments, commencing February 28, 2016. The registrant shall be obligated to pay additional rent if it does not achieve the specified goals of $90,000,000 in investment and 1,000 jobs on or before the end of year five. At the end of the lease agreement, the registrant has the option to purchase the property for $100.