−Removed: Our principal place of business is located
−Removed: at 80 SW 8 th St.
+Added: Our principal place of business is located at
+Added: 80 SW 8 th St.
Suite 2000, Miami, Florida, 33130, which is an executive virtual office.
−Removed: This location consists of
−Removed: approximately 1,000 square feet of office and conference room space.
−Removed: The relevant lease expired March 1, 2014, but we have reverted
−Removed: to a month to month tenancy.
+Added: This location consists of approximately
+Added: 1,000 square feet of office and conference room space.
+Added: The relevant lease expired March 1, 2014, but we have reverted to a month to month
We pay a monthly rent of $223.
−Removed: We do not anticipate that we will need to expand the office facility
−Removed: for the next 12 months.
−Removed: We have also executed lease agreements for our four company-owned
−Removed: restaurants, including:
−Removed: 3146 NE 9 th ST, Ft Lauderdale, Fl,
−Removed: (Lease signed in December 2013 for 1 year + 5-year option, 990 sq.
−Removed: initial monthly rent of $3,200 per month, plus
−Removed: 6% tax, with annual escalator;
−Removed: 2601 N Palm Aire Dr, Pompano Beach, Fl, 33069;
−Removed: Lease signed in December 2015 for 2 years + 1-year automatic renewal.
−Removed: ft., monthly rent cost $3,800;
−Removed: N Ocean Blvd, Pompano Beach, Fl, 33062;
−Removed: Lease signed in December 2015 for 1 year + 1-year automatic renewal.
−Removed: rent cost $546
−Removed: Italian location - Strada Provinciale 70 #100, Ceglie del Campo, 70129, Bari, Italia.
−Removed: Lease was signed for a six year terms in June 2019, at a rate of approximately $1,570 per month.
−Removed: LEGAL PROCEEDINGS
−Removed: We are not involved in any material legal proceedings,
−Removed: nor are we aware of any legal proceedings threatened or in which any director or officer or any of their affiliates is a party
−Removed: adverse to our Company or has a material interest adverse to us.
−Removed: MINE SAFETY DISCLOSURES
−Removed: Not applicable.
+Added: We do not anticipate that we will need to expand the office facility for the next 12 months.
+Added: As of December 31, 2020 and 2019, the Company
+Added: had four operating store locations.
+Added: The Company leases these spaces based upon the following schedules:
+Added: Kisses From Italy 9 th LLC based in Fort Lauderdale, Fl.
+Added: leases approximately 990 square feet of space at a cost of $2,650 per month through the period ended July 31, 2018.
+Added: Beginning on August 1, 2018 the rent increased to $5,773 per month for eight months and then it will be reduced to $3,274 per month.
+Added: The increased rent amount of $5,773 includes an additional payment of $2,500 per month for these 8 months, arising out of a $20,000 dispute settlement related to a rent dispute.
+Added: This amount for the months of September and August 2018 ($5,000) has been recorded as “rent expense”
+Added: on the Company’s financial statement The lease ends on June 30, 2021.
+Added: Kisses From Italy-Palm Aire based in Pompano Beach, Florida leases approximately 2,300 square feet of space at a cost of $4,051.83 per month.
+Added: The lease ends on May 1, 2021.
+Added: The Company has a one-year automatic renewal provision for this lease.
+Added: Kisses From Italy -Sea Gardens based in Pompano Beach, Florida leases approximately 600 square feet of space at a cost of $595.40 per month.
+Added: The lease ends on August 1, 2021.
+Added: The Company has a one-year automatic renewal provision for this lease but is not obligated to exercise this renewal provision.
+Added: Italian location - Strada Provinciale 70 #100, Ceglie del Campo, 70129, Bari, Italia -The Lease was signed for a six year term in June 2019, at a rate of approximately $1,570 per month.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.