OLENOX INDUSTRIES INC. 10-K

Item 2 . Properties. Headquarters and Other Office Space We lease office space in two locations: 1. Conroe, Texas – Corporate Head office 2. Conroe, Texas – Legal Registered office Operating Facilities We have four properties that we conduct operations from: 1. Conroe, Texas – We lease a 38,400 sq ft warehouse and office facility for our Corporate Head office, our Modular construction business and as a warehouse for our Technology business (Machfu) 2. Durant, Oklahoma – We own a 16.2 acre site with a 47,645 sq ft building that is leased to an unrelated tenant. 3. Electra, Texas – We own a 3.5 acre site with a 1,500 sq ft office / shop for our Oil and Gas business 4. Electra, Texas – We lease a 1,800 sq ft building, adjacent to our owned site for our Oil and Gas business. We believe that our current office spaces and operating facilities are adequate and suitable for our anticipated needs and that suitable additional space will be available at commercially reasonable prices as needed. Item 3. Legal Proceedings. The information included in “Note 20 – Commitments and Contingencies” of the Company’s consolidated financial statements included elsewhere in this Annual Report is incorporated by reference into this Item. Item 4. Mine Safety Disclosures. Not applicable. 28 PART II