6. LEASE COMMITMENTS |
6 Months Ended | ||||||||||
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Sep. 30, 2016 | |||||||||||
| Lease Commitments | |||||||||||
| LEASE COMMITMENTS |
FFIN entered into a lease agreement on January 1, 2015, for office space that expires in 30 months. At September 30, 2016, the future minimum lease payments under the lease are as follows:
FFIN’s rent expense for its office space was $15,272 and $13,950, for the six months ended September 30, 2016 and 2015, respectively.
BMBM leases office space on a month-to-month basis for $250 per month.
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