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PCS Edventures!.com, Inc. Message Board

  • pcsvtrain pcsvtrain Jun 30, 2007 9:08 AM Flag

    Why is the company increasing amount of space for lease?

    The Company leases its Principal executive offices in Boise, Idaho. These offices consist of approximately 5,412 square feet of office space. Rent obligations are currently $7,250/month under a non-cancelable operating lease that expires February 28, 2008. The rent will increase to $7,750/month during the first quarter of fiscal year 2008. In the second quarter of fiscal year 2008, the Company will occupy an additional 1,800 square feet of space and pay approximately $10,050 per month. The Company has signed an extension to our current lease for another five-year term.

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