Item 2. Properties
ITEM 2. PROPERTIES
On August 15, 2021 the Company entered into an
updated Commercial Lease Agreement with the lessor for the lease of 2640 West Medtronic way, Tempe, Arizona 85281. The term of the lease
is for 60 months and the monthly rent is $16,000 per month for a total annual rent of $192,000.
On January 31, 2022, we executed a lease for our
national headquarters to be located at 815 Walker Street, Suite 1155, Houston, Texas 77002. We occupy approximately 4,224 sq. ft., in
the Mellie Esperson Building. The lease term is for 10 years commencing March 1, 2022.
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