Item 2. Properties
ITEM 2. PROPERTIES
We occupy our corporate headquarters in Humacao,
Puerto Rico under an oral lease expiring October 2021 at a monthly cost of $2,000. We lease approximately 3,635 square feet of office
and warehouse space in Orlando, Florida under a three year lease expiring in January 2022. The current monthly rent is $4,268 and is
subject to annual escalations of 2.1%. We lease approximately 200 square feet of office and shared warehouse public space from Cayman
Enterprise City Ltd., in Grand Cayman, Cayman Islands under a month-to-month lease. The current monthly rent is $3,450. We do not own
any real property. We believe our leased facilities are adequate to meet our present needs.
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