Annual report pursuant to section 13 and 15(d)

Note 7 - Commitments and Contingencies

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Note 7 - Commitments and Contingencies
12 Months Ended
Mar. 31, 2013
Notes to Financial Statements  
Commitments and Contingencies

Note 7 – Commitments and Contingencies

 

Operating Lease

 

On February 1, 2013, the Company entered into a five (5) year non-cancelable operating lease for the coffee shop space commencing on March 1, 2013 and expiring on February 29, 2018. Future minimum lease payments required under this non-cancelable operating lease are as follows:

 

 

Fiscal Year ending March 31:      
       
2014   $ 13,398
       
2015     13,398
       
2016     13,398
       
2017     13,398
       
2018     12,282
       
    $ 65,874