| Long Term Debt |
NOTE 9 - Long Term Debt. Long-term debt matures as
follow:
| Notes payable of Biozone Labs | |
| |
|
| Capitalized lease obligations bearing interest at rates ranging from 8.6% to 16.3%, | |
$ | 275,959 | | |
$ | 192,323 | |
| payable in monthly installments of $168 to $1,589, inclusive of interest | |
| | | |
| | |
| City of Pittsburg Redevelopment Agency, 3% interest, payable in monthly installments | |
| 205,756 | | |
| 221,190 | |
| of $3,640 inclusive of interest | |
| | | |
| | |
| Other | |
| 75,000 | | |
| 80,000 | |
| Notes payable of 580 Garcia Properties | |
| | | |
| | |
| Mortgage payable of 580 Garcia collateralized by the land and building | |
| 2,550,826 | | |
| 2,582,818 | |
| payable in monthly installments of $20,794, inclusive of interest at 7.24% per annum | |
| | | |
| | |
| | |
$ | 3,107,541 | | |
$ | 3,076,331 | |
| Less: current portion | |
| 206,042 | | |
| 181,752 | |
| | |
| 2,901,499 | | |
| 2,894,579 | |
|