Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Subsequent Events

v3.19.1
Note 9 - Subsequent Events
9 Months Ended
Mar. 31, 2019
Notes To Financial Statements [Abstract]  
Subsequent Events

On April 25, 2019 we signed a lease with Accutek to rent approximately 45,600 square feet of industrial space at 2685 S. Melrose Drive, Vista California. The lease has an initial term of seven years and four months, commencing on or about August 2019. The lease contains an option to extend the term for two periods of twenty-four months, and the right of first refusal to lease an additional approximate 15,300 square feet. The monthly rental rate is $42,400 for the first 12 months, escalating at 3% each year.