−Removed: Company’s corporate administrative offices were moved to office space located at 515 North Shore Drive, Miami Beach, Florida
−Removed: The office space is leased from MariLuna, LLC, a Florida limited liability company which is owned by Dr.
−Removed: Maria Mitrani,
−Removed: the Chief Science Officer and director of the Company.
−Removed: The term of the lease runs through June 2023 and the monthly rent was $2,900
−Removed: through July 2020, at which time it increased to $3,500 per month.
−Removed: The Company paid a security deposit of $5,000.
−Removed: Beginning October
−Removed: 1, 2020, the Company entered into a second lease agreement with Mariluna LLC for office space located in Aspen, CO.
−Removed: expires on September 30, 2021 and does not provide for any renewal terms.
−Removed: Under the terms of the lease.
−Removed: The Company is required
−Removed: to make monthly rental payments of $6,500 and was required to provide a security deposit of $11,000 upon execution of the lease
−Removed: February 2019, we have rented laboratory and general office space located at 1951 NW 7th Ave., Suite 300, Miami, Florida 33136
−Removed: pursuant to a Services Agreement, dated February 2019, between Organicell Regenerative Medicine Inc., as licensee, and CIC Miami,
−Removed: LLC, as licensor.
−Removed: Beginning November 2020, we rented additional laboratory space at the same location.
−Removed: The monthly lease amount
−Removed: is approximately $11,000.
−Removed: also maintain websites located at www.organicell.com, the contents of which are not incorporated into this Report.
−Removed: Our telephone
−Removed: number is (888) 963-7881.
+Added: The Company’s corporate administrative offices
+Added: are located at 515 North Shore Drive, Miami Beach, Florida 33141.
+Added: The office space is leased from MariLuna, LLC, a Florida limited liability
+Added: company which is owned by Dr.
+Added: Maria Mitrani, the Chief Science Officer and director of the Company.
+Added: The term of the lease runs through
+Added: June 2023 and the monthly rent is $3,500 per month.
+Added: Since October 2020, we have been party to a second lease with MariLuna LLC for office
+Added: space located in Aspen, CO.
+Added: The initial term of the lease was for one year, expiring on September 30, 2021 and the lease has been subsequently
+Added: extended on a month to month basis.
+Added: The monthly rent is $6,500.
+Added: Our laboratory and related general office space
+Added: is located at 1951 NW 7th Ave., Suite 300, Miami, Florida 33136.
+Added: Such space is occupied pursuant to a services agreement with a non-affiliated
+Added: third party at a monthly rental of approximately $11,000.
+Added: The services agreement is month to month with automatic renewals.
+Added: During March 2021, the Company entered into a
+Added: lease agreement for an approximately 2,452 square foot commercial space located in Basalt, Colorado (the “Basalt Lab Lease”).
+Added: The Company is the process of building out the space to provide additional laboratory processing, product distribution and administrative
+Added: office capacity.
+Added: The term of the Basalt Lab Lease is for three years and may be renewed for an additional (3) three-year term provided
+Added: the Company is not in default.
+Added: Rental expense is $6,600 per month and provides for annual increases of 3% or the Denver Aurora Metropolitan
+Added: CPI index, whichever is greater.
+Added: In connection with the Basalt Lab Lease, the Company was required to post a security deposit of $13,600.
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.