Item 2. Properties
Item 2. Properties
We do not own any real property. The Company’s
principal business and corporate address is 5360 Procyon Street Las Vegas, NV 89118 which is comprised of office and warehouse/assembly
space.
On February 11, 2025, the Company signed
a lease for a new warehouse in Bell Gardens, CA. The purpose of the space is to store materials for future store orders and is month to
month with a base rent of $15,000.
On April 10, 2025, the Company entered into
a new lease agreement for an assembly production facility in Las Vegas, Nevada. The right to use, triple net lease is for a term of two years
with two option renewal periods totaling up to four additional years that the Company is likely to subsequently exercise with a base rent
of $12,371.
On May 29, 2025, the Company signed a right
of entry Los Angeles County Metro Transportation Authority for its flagship Company owned store. The right of entry is month to month
with a $2,000 monthly fee.
On November 3, 2025, the Company entered into
a kiosk lease agreement with the Los Angeles County Metropolitan Transportation Authority for Kiosk Space 7 and Storage Space 3 located
at Union Station East, Los Angeles, California for a term of three years . The right to use lease provides for fixed monthly base rent
and fixed additional rent (common area charges), for $2,000 total, with scheduled increases over the lease term.
We are continuing to explore expansion of our
production and facilities to the East Coast, Central US and Southern US. Once our domestic expansion has been completed, we plan to expand
into other continents and countries. We plan on developing locations to meet demand while also partnering with other parties to optimize
customer reach and costs associated with deploying our offerings.
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