Storage Investments South, L.L.C. entered into a definitive agreement to acquire Parkson Property, LLC from Le@p Technology Inc. (OTCPK:LPTC) for $1.4 million in cash on April 15, 2016. The payment will be made to escrow agent Mark Ahlers. The purchase price includes initial deposit of $0.1 million. On July 14, 2016, Storage Investments South, L.L.C. requested a feasibility extension period through August 15, 2016. Le@p Technology Inc. and Storage Investments South, L.L.C. entered into an amendment to the vacant land contract through August 15, 2016. In consideration for the extension, the amendment included a non-refundable $0.2 million extension fee. All other amounts, terms and conditions were unamended. Le@p Technology Inc. received the $0.2 million extension fee on July 22, 2016. Storage Investments South, L.L.C. completed the acquisition of Parkson Property, LLC from Le@p Technology Inc. (OTCPK:LPTC) on September 1, 2016.