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EXCEL - IDEA: XBRL DOCUMENT - China Grand Resorts, Inc.Financial_Report.xls
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EX-21.1 - EXHIBIT 21.1 SUBSIDIARIES OF CHINA GRAND RESORTS INC - China Grand Resorts, Inc.f10k093012_ex21z1.htm
EX-32.1 - EXHIBIT 32.1 SECTION 906 CERTIFICATIONS - China Grand Resorts, Inc.f10k093012_ex32z1.htm
10-K - FORM 10-K ANNUAL REPORT SEPTEMBER 30 2012 - China Grand Resorts, Inc.f10k093012_10k.htm
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EX-31.1 - EXHIBIT 31.1 SECTION 302 CERTIFICATIONS - China Grand Resorts, Inc.f10k093012_ex31z1.htm
v2.4.0.6
Commitments and Contingencies
12 Months Ended
Sep. 30, 2012
Commitments and Contingencies {1}  
Commitments and Contingencies

(8) COMMITMENTS AND CONTINGENCIES

 

Operating lease obligations

 

In December 2009, we relocated our office to a new space in Beijing. The term of the old lease was from September 1, 2009 to July 31, 2011; however, we terminated the old lease on December 11, 2009 as mutually agreed with the landlord and with no penalty to us. The new office lease is from December 11, 2009 to December 10, 2011 and provides for monthly lease payment of $5,333 with two months period of free rent. In August 2011, we renewed this lease agreement from December 11, 2011 to December 12, 2012. Our new monthly lease payment is $6,253. As of September 30, 2012, our total future commitments for minimum lease payments are as follows:

 

Years Ended September 30,

 

 

 

 

 

 

 

 

 

2013

 

$

14,856

 

Total

 

$

14,856

 

 

Rental expenses for the year ended September 30, 2012 and 2011 was $75,418 and $63,984 respectively.