Item 2. Properties
ITEM
2. PROPERTIES
The following table describes
our principal properties leased as of March 21, 2017:
Purpose
Location
Square
Footage
Technology
Center (1)
Halifax,
NS
6,800
Main
Office (2)
Westbrook,
ME
3,510
Subsidiary
Head Office (3)
Denver,
CO
2,995
Subsidiary
Head Office (4)
Cottesloe,
WA, Australia
2,370
(1)
Monthly rental payments are $8,050 CDN per month on a month to month basis
(2)
Monthly rental payments are $4,290 per month on a month to month basis
(3)
Monthly rental payments are $8,923 per month less a $3,010 per month sublease through March 2017
(4)
Monthly rental payments are $5,900 AUD per month (approximately $4,480 USD) through April 2017.
ITEM
3. LEGAL PROCEEDINGS
We
are not a party to any legal proceedings and we are not aware of any claims or actions pending or threatened against us. In the
future, we might from time to time become involved in litigation relating to claims arising from our ordinary course of business.
ITEM
4. MINE SAFETY DISCLOSURES
Not
Applicable.
7
PART
II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.