6. LEASE COMMITMENTS |
9 Months Ended | ||||||||||
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Dec. 31, 2016 | |||||||||||
Lease Commitments | |||||||||||
LEASE COMMITMENTS |
FFIN entered into a 30-month lease agreement on January 1, 2015, for office space. At December 31, 2016, the future minimum lease payments under the lease are as follows:
FFIN’s rent expense for its office space was $22,457 and $21,925, for the nine months ended December 31, 2016 and 2015, respectively.
BMBM leases office space on a month-to-month basis for $250 per month. |