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<div> <table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="3" width="75%">
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid; border-top: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Category</font></div></td>
<td style="border-bottom: black 2px solid; border-top: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-top: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Years</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Recipes</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Customer lists and other </font><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">customer related intangibles</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="bottom" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7-10</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Lease agreement</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Trade names</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">15</font></div></td></tr>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Formula</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">10</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Customer relationships</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">12</font></div></td></tr></table> </div>
<div> <table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="3" width="75%">
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid; border-top: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Category</font></div></td>
<td style="border-bottom: black 2px solid; border-top: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-top: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Years</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Buildings and improvements</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">31 and 39</font></div></td></tr>
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<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5 – 12</font></div></td></tr>
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<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5 – 7</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Vehicles</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5</font></div></td></tr></table> </div>
19286151
18531333
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<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Treasury stock</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Treasury stock is recorded using the cost method.</font></div></div> </div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt">Note 14 – RESTATEMENT OF CONSOLIDATED FINANCIAL STATEMENTS</font></font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: normal;" class="_mt">Management concluded that the consolidated statements of income for the year-to-date periods ended March 31, 2012, June 30, 2012 and September 30, 2012, including comparatively presented periods, that were previously included in our Quarterly Reports on Forms 10-Q filed in 2012 should be restated as a result of erroneous presentation of production activity within general and administrative operating expenses.</font></font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: normal;" class="_mt">These restatements result in increases in cost of goods sold and corresponding decreases in general and administrative operating expenses. These restatements had no impact on our previously reported net income, condensed consolidated balance sheets or consolidated statements of cash flows.</font></font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div></div></div></div>
<div style="text-align: justify; text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: normal;" class="_mt">As detailed in the tables below, these restatements impact the following consolidated statement of income line items
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<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
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<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="27%" colspan="10">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">(Unaudited)</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Three Months Ended</font></font></div><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">March 31, 2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="27%" colspan="10">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">(Unaudited)</font></font></font></font></div></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Six Months Ended</font></font></div><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">June 30, 2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="27%" colspan="10">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">(Unaudited)</font></font></font></font></div></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Nine Months Ended</font></font></div><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">September 30, 2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Previously Reported</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Adjustment</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Restated</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Previously Reported</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Adjustment</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Restated</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Previously Reported</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Adjustment</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Restated</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Income Statement</font></div></td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Net Sales</font></div></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">19,397,197</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"><font style="display: inline; font-family: times new roman;" class="_mt">—</font></font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">19,397,197</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">39,950,578</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">39,950,578</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">60,570,311</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">60,570,311</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">COGS</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">12,637,386</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">668,381</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">13,305,767</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">25,153,336</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,088,149</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">26,241,485</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">38,299,212</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,692,406</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">39,991,618</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Gross Profit</font></div></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">6,759,811</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(668,381</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">6,091,430</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">14,797,242</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(1,088,149</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">13,709,093</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">22,271,099</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(1,692,406</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">20,578,693</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Operating Expenses</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,887,281</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(668,381</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,218,900</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">9,797,959</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(1,088,149</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">8,709,810</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">15,194,607</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(1,692,406</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">13,502,201</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="text-align: left;" valign="bottom" width="16%" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Income from Operations</font></div></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,872,530</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,872,530</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,999,283</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,999,283</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7,076,492</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7,076,492</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr></table></div>
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<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
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<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="27%" colspan="10">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">(Unaudited)</font></font></font></font></div></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Three Months Ended</font></font></div><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">March 31, 2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="27%" colspan="10">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">(Unaudited)</font></font></font></font></div></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Six Months Ended</font></font></div><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">June 30, 2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="27%" colspan="10">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">(Unaudited)</font></font></font></font></div></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Nine Months Ended</font></font></div><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">September 30, 2011</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="9%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Previously Reported</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Adjustment</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="9%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Restated</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="9%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Previously Reported</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Adjustment</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="9%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Restated</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="9%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Previously Reported</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Adjustment</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="9%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Restated</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td></tr>
<tr><td valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Income Statement</font></div></td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="9%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="9%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="9%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="9%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="9%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="9%" colspan="2"> </td>
<td valign="bottom" width="1%"> </td></tr>
<tr><td valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Net Sales</font></div></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">17,303,903</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">17,303,903</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">35,501,821</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">35,501,821</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">53,203,425</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">53,203,425</font></td>
<td valign="bottom" width="1%"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">COGS</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">9,722,230</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">532,856</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">10,255,086</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">22,478,463</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">990,620</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">23,469,083</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">34,047,699</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,581,339</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">35,629,038</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td></tr>
<tr><td valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Gross Profit</font></div></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7,581,673</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(532,856</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7,048,817</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">13,023,358</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(990,620</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">12,032,738</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">19,155,726</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(1,581,339</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">17,574,387</font></td>
<td valign="bottom" width="1%"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Operating Expenses</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,316,051</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(532,856</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,783,195</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">9,057,522</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(990,620</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">8,066,902</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">13,622,185</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(1,581,339</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">12,040,846</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td></tr>
<tr><td style="text-align: left;" valign="bottom" width="16%" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Income from Operations</font></div></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,265,622</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,265,622</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,965,836</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,965,836</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,533,541</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,533,541</font></td>
<td valign="bottom" width="1%"> </td></tr></table></div></div></div></div>:</div></div></div></div></div></div></div></div></div></div></div> </div>
224204
8825
<div> <div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; font-weight: bold;" class="_mt">Note 7 </font>–<font style="display: inline; font-weight: bold;" class="_mt"> ACCRUED EXPENSES</font></font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Accrued expenses consist of the following:</font></div>
<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="85%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="41%" colspan="6"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Accrued payroll and payroll taxes</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">356,280</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">209,395</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Accrued property tax</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">302,573</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">323,885</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Other</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">496,824</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">20,445</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,155,677</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">553,725</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt"> </font> </div></div></div> </div>
4386239
4256725
7950276
8723737
289550
294000
323885
302573
0
254311
553725
1155677
14044576
15651826
-8948
53591
2032516
2032516
<div> <div class="MetaData">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Advertising and promotional costs</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The Company expenses advertising costs as incurred. For the years ended December 31, 2012 and 2011 total advertising expenses were $<font class="_mt">2,679,798</font> and $<font class="_mt">3,156,096</font>, respectively.</font></div></div> </div>
3156096
2679798
783833
754817
51473308
53506624
16698785
19694515
866566
64075
3050
1115150
277363
714602
46750
0
866566
0
64075
0
0
3050
0
0
1115150
0
0
0
277363
0
714602
0
0
46750
0
0
1144229
2286226
439982
725670
0
1144229
0
2286226
0
0
0
439982
0
725670
0
0
1710882
64563
64452
899298
682569
1775038
1135064
639974
28165
713
17702
9750
0
5771
4326
1445
75376
713
17702
33750
23211
12237
7047
5190
950843
10585
46750
716542
176966
580689
495159
85530
47211
0
0
24000
23211
6466
2721
3745
803258
0
0
626292
176966
364849
301229
63620
147585
10585
46750
90250
0
215840
193930
21910
1695044
67125
46750
866567
714602
1869888
1144229
725659
33278
88713
1810816
1475730
62534
17427
59538
3275
0
1019
55244
107087
16212
90875
75376
713
17702
33750
23211
12237
7047
5190
4
2
1
592040
0
240723
379348
3229939
1115150
2286226
-2114789
1171079
<div> <div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Cash and cash equivalents</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">All highly liquid investments purchased with an original maturity of three months or less are considered to be cash equivalents.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The Company maintains cash deposits at several institutions located in the greater Chicago, Illinois and Philadelphia, Pennsylvania metropolitan areas.</font></div></div> </div>
<div> <div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt">Note 11 – SUPPLEMENTAL CASH FLOW INFORMATION</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Cash paid for interest and income taxes are as follows:</font></div>
<div align="center">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="85%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="41%" colspan="6"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">For the Years Ended</font></div></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Interest</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">191,277</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">232,429</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Income taxes</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,413,687</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,169,334</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div></div></div> </div>
300000
450000
<div> <div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left">
<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt">Note 9 – COMMITMENTS AND CONTINGENCIES</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The Company leases four stores for its Starfruit subsidiary. Total expense for these leases was approximately $<font class="_mt">379,348</font> and $<font class="_mt">240,723</font> for the years ended December 31, 2012 and 2011, respectively. The Company is also responsible for additional rent equal to real estate taxes and other operating expenses. Future annual minimum base rental payments for the leases as of December 31, 2012 are approximately as follows:</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="center">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="75%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom" width="54%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="26%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="19%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="54%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2013</font></div></td>
<td valign="bottom" width="26%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">147,318</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="54%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2014</font></div></td>
<td valign="bottom" width="26%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">69,106</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="54%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2015</font></div></td>
<td valign="bottom" width="26%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">45,461</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="54%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2016</font></div></td>
<td valign="bottom" width="26%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">46,825</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="54%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2017</font></div></td>
<td valign="bottom" width="26%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">48,229</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="54%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Thereafter</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="26%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">49,676</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="54%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="26%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">406,615</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt"> </font> </div></div></div></div>
<div style="text-indent: 0pt; display: block;"> </div> </div>
0.07
1200000
20000000
20000000
17273776
17273776
17273776
17273776
17273776
16536657
16409317
16409317
16346017
16346017
6509267
6509267
2889567
5682337
<div> <div class="MetaData">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Customer Concentration</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Sales are predominately to companies in the retail food industry, located within the United States of America. Two major customers accounted for approximately <font class="_mt">31%</font> percent and <font class="_mt">29%</font> percent of gross sales for the years ended December 31, 2012 and 2011, respectively. These customers accounted for approximately <font class="_mt">30</font>% percent and <font class="_mt"><font class="_mt"><font class="_mt">20</font></font>%</font> percent of accounts receivable as of December 31, 2012 and December 31, 2011, respectively.</font></div></div> </div>
<div> <div class="MetaData">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Principles of consolidation</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, Helios Nutrition, Ltd., Pride of Main Street, L.L.C., Starfruit, L.L.C., Fresh Made, Inc. and Starfruit Franchisor, L.L.C. All significant intercompany accounts and transactions have been eliminated.</font></div></div> </div>
<div> <table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="75%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom" width="54%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="26%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="19%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="54%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2013</font></div></td>
<td valign="bottom" width="26%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">147,318</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="54%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2014</font></div></td>
<td valign="bottom" width="26%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">69,106</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="54%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2015</font></div></td>
<td valign="bottom" width="26%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">45,461</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="54%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2016</font></div></td>
<td valign="bottom" width="26%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">46,825</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="54%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2017</font></div></td>
<td valign="bottom" width="26%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">48,229</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="54%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Thereafter</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="26%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">49,676</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="54%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="26%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">406,615</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table> </div>
48704737
53925058
1552961
1629594
10255086
532856
9722230
23469083
990620
22478463
35629038
1581339
34047699
47151776
1285000
13305767
668381
12637386
26241485
1088149
25153336
39991618
1692406
38299212
52295464
1059336
2757332
1909620
3639972
850284
882640
<div> <div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify">
<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt">Note 8 – NOTES PAYABLE</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Notes payable consist of the following:</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td style="padding-left: 0pt; margin-left: 9pt;" valign="bottom" width="66%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Note payable to Private Bank in monthly installments of $<font class="_mt">42,222</font>, plus variable interest rate, currently at <font class="_mt">2.709</font>%, with a balloon payment for the remaining balance due February 6, 2014. Collateralized by substantially all assets of the Company.</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,365,556</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,914,445</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="66%"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-left: 0pt; margin-left: 9pt;" valign="bottom" width="66%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Line of credit with Private Bank at variable interest rate, currently at <font class="_mt">3.25</font>%. The agreement has been extended with terms allowing borrowings up to $<font class="_mt">2.0</font> million, maturing on May 31, 2013. Collateralized by substantially all assets of the Company.</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,000,000</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="66%"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-left: 0pt; margin-left: 9pt;" valign="bottom" width="66%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Notes payable to Ford Credit Corp. payable in monthly installments of $<font class="_mt">1,778.23</font> at <font class="_mt">5.99</font>%, due July 2015, secured by transportation equipment.</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">50,871</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">68,509</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="66%"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px; padding-left: 0pt; margin-left: 9pt;" valign="bottom" width="66%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Note payable to Fletcher Jones of Chicago, Ltd LLC in monthly installments of $<font class="_mt">1,768.57</font> at <font class="_mt">6.653</font>%, due May 24, 2017, secured by transportation equipment.</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">82,499</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">97,598</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-left: 0pt; margin-left: 9pt;" valign="bottom" width="66%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total notes payable</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,498,926</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7,080,552</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px; padding-left: 0pt; margin-left: 9pt;" valign="bottom" width="66%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Less current maturities</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">542,981</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,540,716</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 4px; padding-left: 0pt; margin-left: 9pt;" valign="bottom" width="66%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total long-term portion</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,955,945</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,539,836</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr></table></div>
<div style="text-indent: 0pt; display: block;"> </div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">In accordance with the Private Bank agreements referenced above, the Company is subject to minimum fixed charged ratio and tangible net worth thresholds. </font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Maturities of notes payables are as follows:</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="center">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="75%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom" width="78%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 36pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">For the Period Ended December 31,</font></div></td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="20%" colspan="3"> </td></tr>
<tr><td valign="bottom" width="78%"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="19%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="78%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2013</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">542,981</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="78%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2014</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,896,199</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="78%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2015</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">30,787</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="78%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2016</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">19,875</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="78%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2017</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">9,084</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="78%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,498,926</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block;"><br /></div></div></div></div></div></div> </div>
2012-05-31
2017-05-24
2014-02-06
1768.57
1778.23
42222
68217
-434896
167690
136198
220408
265072
-3164905
-2793831
338690
234687
4350
10875
3503595
3028518
3671285
3164716
1552961
1629594
2336794
2384411
<div> <div style="text-indent: 0pt; display: block;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt">Note 12 – STOCK AWARD AND STOCK OPTION PLANS</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The Company has a registration statement filed with the Securities and Exchange Commission in connection with a Consulting Service Compensation Plan covering up to <font class="_mt">1,200,000</font> of the Company's common stock shares. Pursuant to such Plan, the Company may issue common stock or options to purchase common stock to certain consultants, service providers, and employees of the Company. The option price, number of shares, grant date, and vesting terms are determined at the discretion of the Company's Board of Directors.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">As of December 31, 2012 and 2011, there were no stock options outstanding or exercisable. There were approximately <font class="_mt">940,000</font> shares available for issuance under the Plan at December 31, 2012.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div> </div>
0.17
0.34
<div> <div class="MetaData">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Earnings per common share</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Earnings per common share were computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period. For the years ended December 31, 2012 and 2011, diluted and basic earnings per share were the same, as the effect of dilutive securities options outstanding was not significant.</font></div></div> </div>
0.340
0.340
0.116
0.095
-0.022
-0.022
209395
356280
<div> <div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="14">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Assets and Liabilities at Fair Value as of December 31, 2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Level 1</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Level 2</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Level 3</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block;"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Cash</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,286,226</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,286,226</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Certificate of Deposits</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">439,982</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">439,982</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Stocks</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">725,670</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">725,670</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Corporate Bonds</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,144,229</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,144,229</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Notes Payable</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,498,926</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,498,926</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="14">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Assets and Liabilities at Fair Value as of December 31, 2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Level 1</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Level 2</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Level 3</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Cash</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,115,150</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,115,150</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Mutual Funds:</font></div></td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Equity Income</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">64,075</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">64,075</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Bonds</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,050</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,050</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Certificate of Deposits</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">277,363</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">277,363</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Stocks</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">714,602</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">714,602</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Preferred Stock</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">46,750</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">46,750</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Corporate Bonds</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">866,566</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">866,566</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Notes Payable</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7,080,552</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7,080,552</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr></table></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"> </font></div> </div>
<div> <div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt">Note 13 – FAIR VALUE MEASUREMENTS</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Financial Accounting Standards Board ("FASB") <font style="font-style: italic; display: inline;" class="_mt">Accounting Standards Codification</font> ("ASC") 820, <font style="font-style: italic; display: inline;" class="_mt">Fair Value Measurements</font> <font style="font-style: italic; display: inline;" class="_mt">and Disclosures</font>, provides the framework for measuring fair value. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurements). The three levels of the fair value hierarchy under FASB ASC 820 are described as follows:</font></div>
<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="width: 100%;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 8pt;" class="_mt"> </font></div></div></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 36pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="font-style: italic; display: inline; font-weight: bold;" class="_mt">Level 1. </font> Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets that the Company has the ability to access.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 36pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="font-style: italic; display: inline; font-weight: bold;" class="_mt">Level 2. </font>Inputs to the valuation methodology include the following:</font></div>
<div>
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr valign="top"><td style="width: 72pt;" align="right">
<div><font style="display: inline; font-family: Symbol, serif; font-size: 10pt;" class="_mt">· </font></div></td>
<td>
<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Quoted prices for similar assets or liabilities in active markets;</font></div></td></tr></table></div>
<div>
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr valign="top"><td style="width: 72pt;" align="right">
<div><font style="display: inline; font-family: Symbol, serif; font-size: 10pt;" class="_mt">· </font></div></td>
<td>
<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Quoted prices for identical or similar assets or liabilities in inactive markets;</font></div></td></tr></table></div>
<div>
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr valign="top"><td style="width: 72pt;" align="right">
<div><font style="display: inline; font-family: Symbol, serif; font-size: 10pt;" class="_mt">· </font></div></td>
<td>
<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Inputs other than quoted prices that are observable for the asset or liability;</font></div></td></tr></table></div>
<div>
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr valign="top"><td style="width: 72pt;" align="right">
<div><font style="display: inline; font-family: Symbol, serif; font-size: 10pt;" class="_mt">· </font></div></td>
<td>
<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Inputs that are derived principally from or corroborated by observable market data by correlation or other means.</font></div></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 36pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">If the asset or liability has a specified (contractual) term, the level 2 input must be observable for substantially the full term of the asset or liability.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 36pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="font-style: italic; display: inline; font-weight: bold;" class="_mt">Level 3. </font>Inputs to the valuation methodology are unobservable and significant to the fair value measurement.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The asset or liability's fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used as of December 31, 2012 and 2011.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The majority of the Company's short-term investments are classified within Level 1 or Level 2 of the fair value hierarchy. The Company's valuation of its Level 1 investments, which include mutual funds, is based on quoted market prices in active markets for identical securities. The Company's valuation of its Level 2 investments, which include certificates of deposits, is based on other observable inputs, specifically a valuation model which utilized vendor pricing for similar securities.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The preceding methods described may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although the Company believes the valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><br />
<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify">
<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The following table sets forth by level, within the fair value hierarchy, the Company's financial assets at fair value as of December 31, 2012 and 2011. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement:</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="14">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Assets and Liabilities at Fair Value as of December 31, 2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Level 1</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Level 2</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Level 3</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block;"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Cash</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,286,226</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,286,226</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Certificate of Deposits</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">439,982</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">439,982</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Stocks</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">725,670</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">725,670</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Corporate Bonds</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,144,229</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,144,229</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Notes Payable</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,498,926</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,498,926</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="14">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Assets and Liabilities at Fair Value as of December 31, 2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Level 1</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Level 2</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Level 3</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Cash</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,115,150</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,115,150</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Mutual Funds:</font></div></td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Equity Income</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">64,075</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">64,075</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Bonds</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,050</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,050</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Certificate of Deposits</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">277,363</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">277,363</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Stocks</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">714,602</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">714,602</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Preferred Stock</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">46,750</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">46,750</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Corporate Bonds</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">866,566</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">866,566</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Notes Payable</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7,080,552</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7,080,552</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr></table></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"> </font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The Company's financial assets and liabilities also include accounts receivable, other receivables and, accounts payable for which carrying value approximates fair value. All such assets are valued using level 2 inputs.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div></div></div></div></div></div></div></div></div> </div>
3087940
1546671
237250
87200
43600
444618
728601
3842756
2025736
281050
87200
43600
526701
878469
968460
711366
667566
693117
711367
711366
8306000
4504200
438000
87200
43600
985000
2248000
8306000
4504200
438000
87200
43600
985000
2248000
5218060
4463242
P10Y
P4Y
P12Y
P7Y
P15Y
P10Y
P7Y
-20135
-11169
-29256
71286
5290446
-1285000
6319972
<div> <div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Intangible assets acquired in business combinations</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The Company accounts for intangible assets at historical cost. Intangible assets acquired in a business combination are recorded under the purchase method of accounting at their estimated fair values at the date of acquisition. Goodwill represents the excess purchase price over the fair value of the net tangible and other identifiable intangible assets acquired. Goodwill is not amortized, but is reviewed for impairment at least annually. Brand assets represent the fair value of brands acquired. Brand assets have an indefinite life and therefore are not amortized, rather are reviewed periodically for impairment. The Company amortizes other intangible assets over their estimated useful lives, as disclosed in the table below.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The Company reviews intangible assets and their related useful lives at least once per year to determine if any adverse conditions exist that would indicate the carrying value of these assets may not be recoverable. The Company conducts more frequent impairment assessments if certain conditions exist, including: a change in the competitive landscape, any internal decisions to pursue new or different strategies, a loss of a significant customer, or a significant change in the market place including changes in the prices paid for the Company's products or changes in the size of the market for the Company's products.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">If the estimate of an intangible asset's remaining useful life is changed, the remaining carrying amount of the intangible asset is amortized prospectively over the revised remaining useful life.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Intangible assets are being amortized over the following useful lives:</font></div>
<div style="text-indent: 0pt; display: block;"> </div>
<div align="center">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="3" width="75%">
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid; border-top: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Category</font></div></td>
<td style="border-bottom: black 2px solid; border-top: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-top: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Years</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Recipes</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Customer lists and other </font><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">customer related intangibles</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="bottom" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7-10</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Lease agreement</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Trade names</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">15</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Formula</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">10</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Customer relationships</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">12</font></div></td></tr></table></div> </div>
7048817
-532856
7581673
12032738
-990620
13023358
17574387
-1581339
19155726
21265672
6091430
-668381
6759811
13709093
-1088149
14797242
20578693
-1692406
22271099
27426207
36032
0
4833258
8824874
<div> <div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify">
<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt">Note 10 – PROVISION FOR INCOME TAXES</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The provision for income taxes consists of the following:</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="center">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="85%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom" width="56%"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="41%" colspan="6"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">For the Years Ended</font></div></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Current:</font></div></td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="19%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="19%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Federal</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,757,332</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,059,336</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">State and local</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">882,640</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">850,284</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total current</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,639,972</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,909,620</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Deferred</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(434,896</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">68,217</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Provision for income taxes</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,205,076</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,977,837</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr></table></div>
<div style="text-indent: 0pt; display: block;"> </div>
<div style="text-indent: 0pt; display: block;"> </div>
<div style="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">A reconciliation of the provision for income taxes and the income tax computed at the statutory rate is as follows:</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="14">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">For the Years Ended</font></div></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="14">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Amount</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Percentage</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Amount</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Percentage</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Federal income tax expense</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">computed at the statutory rate</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,000,457</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">34.0 </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">%</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,643,308</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">34.0 </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">%</font></td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">State and local tax expense, net</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">838,363</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">9.5 </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">%</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">561,187</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">11.6 </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">%</font></td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">U.S. domestic manufacturers' deduction</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">& other permanent differences</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(427,525</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(4.9</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)%</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(122,837</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(2.5 </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)%</font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Change in tax estimate</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(206,219</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(2.2</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)%</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(103,821</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(2.2 </font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)%</font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Provision for income taxes</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,205,076</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">36.4 </font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">%</font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,977,837</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">40.9 </font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">%</font></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block;"> </div>
<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div> </div></div>
<div style="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Amounts for deferred tax assets and liabilities are as follows:</font></div>
<div align="center">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="85%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom" width="56%"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="41%" colspan="6"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Non-current deferred tax assets (liabilities)</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">arising from:</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Temporary differences -</font></div></td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="19%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="19%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Accumulated depreciation and amortization</font></div></td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="19%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="19%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">from purchase accounting adjustments</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(3,164,716</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(3,671,285</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Capital loss carry-forwards</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">136,198</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">167,690</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total non-current net deferred tax liabilities</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(3,028,518</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(3,503,595</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Current deferred tax assets arising from:</font></div></td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized losses (gain) on investments</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(41,260</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">6,890</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Impairment of investments</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">15,673</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Inventory</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">265,072</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">220,408</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Allowance for doubtful accounts and discounts</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">10,875</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,350</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Capital loss carry-back</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">91,369</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total current deferred tax assets</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">234,687</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">338,690</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Net deferred tax liability</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(2,793,831</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(3,164,905</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div></div></div></div></div></div> </div>
1169334
3413687
41316
84828
1977837
3205076
<div> <div class="MetaData">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Income taxes</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Deferred income taxes are the result of temporary differences that arise from income and expense items reported for financial accounting and tax purposes in different periods. Deferred taxes are classified as current or non-current, depending on the classification of the assets and liabilities to which they relate. Deferred taxes arising from temporary differences that are not related to an asset or liability are classified as current or non-current depending on the periods in which the temporary differences are expected to reverse.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The principal sources of temporary differences are different depreciation and amortization methods for financial statement and tax purposes, unrealized gains or losses related to investments, capitalization of indirect costs for tax purposes, purchase price adjustments, and the recognition of an allowance for doubtful accounts for financial statement purposes.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The Company has analyzed filing positions in all of the federal and state jurisdictions where it is required to file income tax returns, as well as all open tax years in these jurisdictions. The only periods subject to examination for the Company's federal returns are the 2010 and 2011 tax years. The Company believes that its income tax filing positions and deductions would be sustained on audit and does not anticipate any adjustments that would result in a material change to its financial position. Therefore, no reserves for uncertain income tax positions have been recorded.</font></div></div> </div>
1643308
3000457
561187
838363
103821
206219
202758
-129514
1494790
1213253
0
254311
84466
601952
-865432
43512
969101
984711
119524
-215379
-78685
17508
<div> <div style="text-indent: 0pt; display: block;">
<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt">Note 3 – INTANGIBLE ASSETS</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Intangible assets, and the related accumulated amortization, consist of the following:</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31, 2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31, 2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Cost</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Accumulated Amortization</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Cost</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Accumulated Amortization</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Recipes</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">43,600</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">43,600</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">43,600</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">43,600</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Customer lists and other customer related intangibles</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,504,200</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,025,736</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,504,200</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,546,671</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Lease acquisition</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">87,200</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">87,200</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">87,200</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">87,200</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Customer relationship</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">985,000</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">526,701</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">985,000</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">444,618</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Trade names</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,248,000</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">878,469</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,248,000</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">728,601</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Formula</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">438,000</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">281,050</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">438,000</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">237,250</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="32%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">8,306,000</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,842,756</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">8,306,000</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,087,940</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"> </font> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"> </font> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Amortization expense is expected to be approximately the following for the 12 months ending December 31:</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="center">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="75%">
<tr><td valign="bottom" width="56%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2013</font></div></td>
<td valign="top" width="22%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="top" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td valign="bottom" width="18%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">711,366</font></div></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2014</font></div></td>
<td valign="top" width="22%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="top" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="18%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">711,366</font></div></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2015</font></div></td>
<td valign="top" width="22%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="top" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="18%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">711,367</font></div></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> 2016</font></div></td>
<td valign="bottom" width="22%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="18%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">693,117</font></div></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2017</font></div></td>
<td valign="top" width="22%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="top" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="18%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">667,566</font></div></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Thereafter</font></div></td>
<td style="padding-bottom: 2px;" valign="top" width="22%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="top" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="18%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">968,460</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="top" width="22%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double;" valign="top" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double;" valign="bottom" width="18%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,463,242</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Amortization expense during the years ended December 31, 2012 and 2011 was $<font class="_mt">754,817</font> and $<font class="_mt">783,833</font>, respectively.</font></div></div></div><br /></div> </div>
247342
177622
232429
191277
<div> <div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt">Note 5 – INVENTORIES</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Inventories consist of the following:</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="85%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Finished goods</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,462,548</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,976,050</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Production supplies</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,599,668</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,042,611</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Raw materials</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">876,970</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">935,814</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total inventories</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,939,186</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,954,475</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div></div></div> </div>
1976050
2462548
4954475
5939186
<div> <div class="MetaData">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Inventories</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Inventories are stated at the lower of cost or market, cost being determined by the first-in, first-out method.</font></div></div> </div>
935814
876970
2042611
2599668
70611
85383
<div> <div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt">Note 4 – INVESTMENTS</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The cost and fair value of investments classified as available for sale are as follows:</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td style="border-bottom: black 2px solid;" valign="bottom" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"><font style="display: inline;" class="_mt">December 31, 2012</font></font></div></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Cost</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Gains</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Equities</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">639,974</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">90,875</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 5,190</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">725,659</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Corporate Bonds</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,135,064</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">16,212</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 7,047</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,144,229</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,775,038</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">107,087</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 12,237</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,869,888</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"> </div>
<div style="text-indent: 0pt; display: block;"> </div>
<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td style="border-bottom: black 2px solid;" valign="bottom" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"><font style="display: inline;" class="_mt">December 31, 2011</font></font></div></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Cost</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Gains</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Equities</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">682,569</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">55,244</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 23,211</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">714,602</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Mutual Funds</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">64,563</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,275</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 713</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">67,125</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Preferred Securities</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">64,452</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 17,702</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">46,750</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Corporate Bonds</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">899,298</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,019</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 33,750</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">866,567</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,710,882</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">59,538</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 75,376</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,695,044</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"> </font> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Proceeds from the sale of investments were $<font class="_mt">1,475,730</font> and $<font class="_mt">1,810,816</font> for the years ended December 31, 2012 and 2011, respectively.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Gross gains of $<font class="_mt">88,713</font> and $<font class="_mt">33,278</font> and gross losses of $<font class="_mt">17,427</font> and $<font class="_mt">62,534</font> were realized on these sales during the years ended December 31, 2012 and 2011 respectively.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The following table shows the gross unrealized losses and fair value of the Company's investments with unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2012 and 2011:</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
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<tr><td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Less Than 12 Months</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">12 Months or Greater</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="border-bottom: black 2px solid;" valign="bottom" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31, 2012</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom">
<div style="text-indent: -72pt; display: block; margin-left: 72pt; margin-right: 36pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Equities</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">63,620</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 3,745</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">21,910</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 1,445</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">85,530</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 5,190</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Corporate Bonds</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">301,229</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 2,721</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">193,930</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 4,326</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">495,159</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 7,047</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">364,849</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 6,466</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">215,840</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 5,771</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">580,689</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 12,237</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
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<td> </td>
<td> </td>
<td> </td>
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<td> </td>
<td> </td>
<td> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Less Than 12 Months</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">12 Months or Greater</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="border-bottom: black 2px solid;" valign="bottom" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31, 2011</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom">
<div style="text-indent: -72pt; display: block; margin-left: 72pt; margin-right: 36pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Equities</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">176,966</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 23,211</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">176,966</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 23,211</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr>
<tr><td valign="bottom" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Mutual Funds</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">10,585</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 713</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">10,585</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 713</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr>
<tr><td valign="bottom" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Preferred Securities</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">46,750</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 17,702</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">46,750</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 17,702</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Corporate Bonds</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">626,292</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 24,000</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">90,250</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 9,750</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">716,542</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 33,750</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">803,258</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 47,211</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">147,585</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 28,165</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">950,843</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 75,376</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt"> </font> </div>
<div style="text-indent: 0pt; display: block;"> </div>
<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Equities, Mutual Funds, Preferred Securities, and Corporate Bonds -The Company's investments in equity securities, mutual funds, preferred securities, and corporate bonds consist of investments in common stock, preferred stock and debt securities of companies in various industries. As of December 31, 2012, there were <font class="_mt">two</font> equity securities, <font class="_mt">one</font> option on equity securities, and <font class="_mt">four</font> corporate bond securities that had unrealized losses. The Company evaluated the near-term prospects of the issuer in relation to the severity and duration of the impairment. Based on that evaluation and the Company's ability and intent to hold these investments for a reasonable period of time sufficient for a forecasted recovery of fair value, the Company did not consider any material investments to be other-than-temporarily impaired at December 31, 2012.</font></div></div></div> </div>
<div> <font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt">Note 15 – Litigation</font>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"> </div>
<div style="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The Company is named a party to lawsuits in the normal course of business. In the opinion of management, the resolution of these lawsuits will not have a material adverse effect on the Company's consolidated financial position or results of operations.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div> </div>
16116151
14194157
51473308
53506626
7072720
6209694
2000000
7080552
1000000
97598
68509
5914445
5498926
0
82499
50871
5365556
1540716
542981
542981
9084
19875
30787
4896199
5539836
4955945
0.0325
0.06653
0.0599
0.027090
5539836
4955945
<div> <div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Investments</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">All investment securities are classified as available-for-sale and are carried at fair value. Unrealized gains and losses on available-for-sale securities are reported as a separate component of stockholders' equity. Amortization, accretion, interest and dividends, realized gains and losses, and declines in value judged to be other-than-temporary on available-for-sale securities are recorded in other income. All of the Company's securities are subject to a periodic impairment evaluation. This evaluation depends on the specific facts and circumstances. Factors that we consider in determining whether an other-than-temporary decline in value has occurred include: the market value of the security in relation to its cost basis; the financial condition of the investee; and the intent and ability to retain the investment for a sufficient period of time to allow for possible recovery in the market value of the investment.</font></div></div> </div>
<div> <div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt">Note 1 – NATURE OF BUSINESS</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Lifeway Foods, Inc. (the "Company" or "Lifeway") commenced operations in February 1986 and incorporated under the laws of the state of Illinois on May 19, 1986. The Company's principal business activity is the production of dairy products. Specifically, the Company produces Kefir, a drinkable product which is similar to but distinct from yogurt, in several flavors sold under the name "Lifeway's Kefir;" a plain farmer's cheese sold under the name "Lifeway's Farmer's Cheese;" a fruit sugar-flavored product similar in consistency to cream cheese sold under the name of "Sweet Kiss;" and a dairy beverage, similar to Kefir, with increased protein and calcium, sold under the name "Basics Plus." The Company also produces a vegetable-based seasoning under the name "Golden Zesta." The Company currently distributes its products throughout the Chicago Metropolitan area and various cities on the East Coast through local food stores. In addition, products are sold throughout the United States and Ontario, Canada by distributors. The Company also distributes some of its products to Eastern Europe.</font></div> </div>
-4044153
-3900691
-2112657
-1555914
4042021
6627684
2855421
0
0
0
2855421
0
5619798
0
0
0
5619798
0
1540716
542981
7080552
0
7080552
0
5498926
0
5498926
0
3783195
-532856
4316051
8066902
-990620
9057522
12040846
-1581339
13622185
16189181
4218900
-668381
4887281
8709810
-1088149
9797959
13502201
-1692406
15194607
18581496
3265622
3265622
3965836
3965836
5533541
5533541
5076491
1872530
1872530
4999283
4999283
7076492
7076492
8844711
406615
147318
48229
46825
45461
69106
49676
20445
496824
34146
34146
0
0
0
0
62539
62539
0
0
0
0
-16530
40277
17616
102816
8364
11169
-243233
-19837
1181428
580708
-1146317
0
0
0
-1146317
0
1146317
2434340
1452672
1439133
1428717
50000
150255
79630
97138
2000000
250000
-749170
-592040
1810816
1475730
<div> <div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt">Note 6 – PROPERTY AND EQUIPMENT</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Property and equipment consist of the following:</font></div>
<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="85%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="41%" colspan="6"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Land</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,178,160</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,178,160</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Buildings and improvements</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">11,904,919</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">11,633,077</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Machinery and equipment</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">15,185,204</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">14,697,024</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Vehicles</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,346,078</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,334,628</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Office equipment</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">411,773</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">383,099</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Construction in process</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">612,468</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">17,410</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">30,638,602</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">29,243,398</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Less accumulated depreciation</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">15,651,826</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">14,044,576</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total property and equipment</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">14,986,776</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">15,198,822</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Depreciation expense during the years ended December 31, 2012 and 2011 was $<font class="_mt">1,629,594</font> and $<font class="_mt">1,552,961</font>, respectively.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"> </font> </div></div></div> </div>
29243398
11633077
17410
1178160
14697024
383099
1334628
30638602
11904919
612468
1178160
15185204
411773
1346078
15198822
14986776
<div> <div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Property and equipment</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Property and equipment is stated at depreciated cost or fair value where depreciated cost is not recoverable. Depreciation is computed using the straight-line method. When assets are retired or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any resulting gain or loss is recognized in income for the period. The cost of maintenance and repairs is charged to income as incurred; significant renewals and betterments are capitalized.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Property and equipment is being depreciated over the following useful lives:</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="center">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="3" width="75%">
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid; border-top: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Category</font></div></td>
<td style="border-bottom: black 2px solid; border-top: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-top: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Years</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Buildings and improvements</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">31 and 39</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Machinery and equipment</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5 12</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Office equipment</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5 7</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Vehicles</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5</font></div></td></tr></table></div> </div>
<div> <table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="85%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="41%" colspan="6"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Land</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,178,160</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,178,160</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Buildings and improvements</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">11,904,919</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">11,633,077</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Machinery and equipment</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">15,185,204</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">14,697,024</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Vehicles</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,346,078</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,334,628</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Office equipment</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">411,773</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">383,099</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Construction in process</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">612,468</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">17,410</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">30,638,602</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">29,243,398</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Less accumulated depreciation</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">15,651,826</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">14,044,576</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total property and equipment</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">14,986,776</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">15,198,822</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table> </div>
P5Y
P39Y
P31Y
P12Y
P5Y
P7Y
P5Y
48240
435344
<div> <div class="MetaData">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Accounts receivable</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Credit terms are extended to customers in the normal course of business. The Company performs ongoing credit evaluations of its customers' financial condition and generally requires no collateral. Balances expected to be paid beyond one year are classified as long-term.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Accounts receivable are recorded at invoice amounts, and reduced to their estimated net realizable value by recognition of an allowance for doubtful accounts and anticipated discounts. The Company's estimate of the allowances for doubtful accounts and anticipated discounts are based upon historical experience, its evaluation of the current status and contract terms of specific receivables, and unusual circumstances, if any. Accounts are considered past due if payment is not made on a timely basis in accordance with the Company's credit terms. Accounts considered uncollectible are charged against the allowance.</font></div></div> </div>
<div> <div class="MetaData">
<div><font style="display: inline; font-family: times new roman; font-size: 10pt; text-decoration: underline;" class="_mt"><font style="font-style: normal; display: inline;" class="_mt">Correction of Prior Year Amounts</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Management has revised the consolidated statement of income and comprehensive income for the year ended December 31, 2011 to correct an immaterial error. During 2011, amounts related to production of inventory were not presented as part of cost of goods sold at December 31, 2011 and were erroneously included as general and administrative operating expenses in our previously issued financial statements. This revision resulted in a $<font class="_mt">1.285</font> million increase in cost of goods sold and a corresponding decrease in the general and administrative operating expenses.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Additionally, Management has restated the unaudited statements of income and comprehensive income for interim periods during the years ended December 31, 2012 and 2011 for similar errors in our presentation of cost of goods sold and general and administrative operating expenses. (see Note 14).</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">There was no impact on previously reported net income, consolidated balance sheets or consolidated statements of cash flows.</font></div></div></div></div> </div>
7150
12285
4113555
1831626
34431296
38904777
<div> <div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Revenue Recognition</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Sales of Company produced dairy products are recorded at the time of shipment and the following four criteria have been met: (i) The product has been shipped and the Company has no significant remaining obligations; (ii) Persuasive evidence of an agreement exists; (iii) The price to the buyer is fixed or determinable and (iv) Collection is probable. In addition, shipping costs invoiced to the customers are included in net sales and the related cost in cost of sales. Discounts and allowances are reported as a reduction of gross sales unless the allowance is attributable to an identifiable benefit separable from the purchase of the product, the value of which can be reasonably estimated, which would be charged to the appropriate expense account.</font></div></div> </div>
7152590
8402742
77122999
89754007
17303903
17303903
35501821
35501821
53203425
53203425
69970409
19397197
19397197
39950578
39950578
60570311
60570311
81351265
0.29
0.31
<div> <table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="85%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="41%" colspan="6"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Accrued payroll and payroll taxes</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">356,280</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">209,395</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Accrued property tax</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">302,573</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">323,885</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Other</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">496,824</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">20,445</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,155,677</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">553,725</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table> </div>
<div> <div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td style="border-bottom: black 2px solid;" valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"><font style="display: inline;" class="_mt">December 31, 2012</font></font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="13%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Cost</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="13%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Gains</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="13%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="13%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="13%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="13%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="13%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="13%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Equities</font></div></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Mutual Funds</font></div></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Preferred Securities</font></div></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Corporate Bonds</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td style="border-bottom: black 2px solid;" valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"><font style="display: inline;" class="_mt">December 31, 2011</font></font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="13%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Cost</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="13%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Gains</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="13%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="13%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="13%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="13%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="13%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="13%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Equities</font></div></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">682,569</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">55,244</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 23,211</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">714,602</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Mutual Funds</font></div></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">64,563</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,275</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 713</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">67,125</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Preferred Securities</font></div></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">64,452</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 17,702</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">46,750</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Corporate Bonds</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">899,298</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,019</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 33,750</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">866,567</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,710,882</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">59,538</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 75,376</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="12%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,695,044</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table></div> </div>
<div> <table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="85%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="41%" colspan="6"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">For the Years Ended</font></div></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Interest</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">191,277</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">232,429</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Income taxes</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,413,687</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,169,334</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table> </div>
<div> <table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="85%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom" width="56%"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="41%" colspan="6"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">For the Years Ended</font></div></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Current:</font></div></td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="19%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="19%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Federal</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,757,332</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,059,336</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">State and local</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">882,640</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">850,284</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total current</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,639,972</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,909,620</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Deferred</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(434,896</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">68,217</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Provision for income taxes</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,205,076</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,977,837</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr></table> </div>
<div> <table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="85%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom" width="56%"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="41%" colspan="6"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Non-current deferred tax assets (liabilities)</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">arising from:</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Temporary differences -</font></div></td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="19%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="19%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Accumulated depreciation and amortization</font></div></td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="19%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="19%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">from purchase accounting adjustments</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(3,164,716</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(3,671,285</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Capital loss carry-forwards</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">136,198</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">167,690</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total non-current net deferred tax liabilities</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(3,028,518</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(3,503,595</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Current deferred tax assets arising from:</font></div></td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized losses (gain) on investments</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(41,260</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">6,890</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Impairment of investments</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">15,673</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Inventory</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">265,072</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">220,408</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 9pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Allowance for doubtful accounts and discounts</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">10,875</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,350</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Capital loss carry-back</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">91,369</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total current deferred tax assets</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">234,687</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">338,690</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="56%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Net deferred tax liability</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(2,793,831</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(3,164,905</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr></table> </div>
<div> <table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="14">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">For the Years Ended</font></div></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="14">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Amount</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Percentage</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Amount</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Percentage</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Federal income tax expense</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">computed at the statutory rate</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,000,457</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">34.0 </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">%</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,643,308</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">34.0 </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">%</font></td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">State and local tax expense, net</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">838,363</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">9.5 </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">%</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">561,187</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">11.6 </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">%</font></td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">U.S. domestic manufacturers' deduction</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">& other permanent differences</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(427,525</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(4.9</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)%</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(122,837</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(2.5 </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)%</font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Change in tax estimate</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(206,219</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(2.2</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)%</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(103,821</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(2.2 </font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)%</font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Provision for income taxes</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,205,076</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">36.4 </font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">%</font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,977,837</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">40.9 </font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">%</font></td></tr></table> </div>
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<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"> </div></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left">
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<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
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<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="27%" colspan="10">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">(Unaudited)</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Three Months Ended</font></font></div><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">March 31, 2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="27%" colspan="10">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">(Unaudited)</font></font></font></font></div></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Six Months Ended</font></font></div><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">June 30, 2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="27%" colspan="10">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">(Unaudited)</font></font></font></font></div></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Nine Months Ended</font></font></div><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">September 30, 2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Previously Reported</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Adjustment</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Restated</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Previously Reported</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Adjustment</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Restated</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Previously Reported</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Adjustment</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Restated</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Income Statement</font></div></td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Net Sales</font></div></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">19,397,197</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"><font style="display: inline; font-family: times new roman;" class="_mt">—</font></font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">19,397,197</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">39,950,578</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">39,950,578</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">60,570,311</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">60,570,311</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">COGS</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">12,637,386</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">668,381</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">13,305,767</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">25,153,336</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,088,149</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">26,241,485</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">38,299,212</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,692,406</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">39,991,618</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Gross Profit</font></div></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">6,759,811</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(668,381</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">6,091,430</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">14,797,242</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(1,088,149</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">13,709,093</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">22,271,099</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(1,692,406</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">20,578,693</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Operating Expenses</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,887,281</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(668,381</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,218,900</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">9,797,959</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(1,088,149</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">8,709,810</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">15,194,607</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(1,692,406</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">13,502,201</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="text-align: left;" valign="bottom" width="16%" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Income from Operations</font></div></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,872,530</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,872,530</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,999,283</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,999,283</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7,076,492</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7,076,492</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr></table></div>
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<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
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<td> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="27%" colspan="10">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">(Unaudited)</font></font></font></font></div></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Three Months Ended</font></font></div><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">March 31, 2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="27%" colspan="10">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">(Unaudited)</font></font></font></font></div></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Six Months Ended</font></font></div><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">June 30, 2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="27%" colspan="10">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">(Unaudited)</font></font></font></font></div></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Nine Months Ended</font></font></div><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">September 30, 2011</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="9%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Previously Reported</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Adjustment</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="9%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Restated</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="9%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Previously Reported</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Adjustment</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="9%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Restated</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="9%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Previously Reported</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Adjustment</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="9%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">As Restated</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td></tr>
<tr><td valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt; font-weight: bold;" class="_mt">Income Statement</font></div></td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="9%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="9%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="9%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="9%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="9%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="8%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td valign="bottom" width="9%" colspan="2"> </td>
<td valign="bottom" width="1%"> </td></tr>
<tr><td valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Net Sales</font></div></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">17,303,903</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">17,303,903</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">35,501,821</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">35,501,821</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">53,203,425</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">53,203,425</font></td>
<td valign="bottom" width="1%"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">COGS</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">9,722,230</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">532,856</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">10,255,086</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">22,478,463</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">990,620</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">23,469,083</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">34,047,699</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,581,339</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">35,629,038</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td></tr>
<tr><td valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Gross Profit</font></div></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7,581,673</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(532,856</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7,048,817</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">13,023,358</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(990,620</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">12,032,738</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">19,155,726</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(1,581,339</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">17,574,387</font></td>
<td valign="bottom" width="1%"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="16%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Operating Expenses</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,316,051</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(532,856</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,783,195</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">9,057,522</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(990,620</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">8,066,902</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">13,622,185</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">(1,581,339</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">12,040,846</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="1%"> </td></tr>
<tr><td style="text-align: left;" valign="bottom" width="16%" nowrap="nowrap">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Income from Operations</font></div></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,265,622</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,265,622</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,965,836</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,965,836</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,533,541</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">—</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="1%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="8%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,533,541</font></td>
<td valign="bottom" width="1%"> </td></tr></table></div></div></div></div> </div>
<div> <table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="75%">
<tr><td valign="bottom" width="56%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2013</font></div></td>
<td valign="top" width="22%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="top" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td valign="bottom" width="18%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">711,366</font></div></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2014</font></div></td>
<td valign="top" width="22%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="top" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="18%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">711,366</font></div></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2015</font></div></td>
<td valign="top" width="22%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="top" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="18%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">711,367</font></div></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> 2016</font></div></td>
<td valign="bottom" width="22%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="18%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">693,117</font></div></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2017</font></div></td>
<td valign="top" width="22%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="top" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="18%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">667,566</font></div></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Thereafter</font></div></td>
<td style="padding-bottom: 2px;" valign="top" width="22%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="top" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="18%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">968,460</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="top" width="22%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double;" valign="top" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double;" valign="bottom" width="18%" align="right">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,463,242</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table> </div>
<div> <table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31, 2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31, 2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Cost</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Accumulated Amortization</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Cost</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Accumulated Amortization</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Recipes</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">43,600</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">43,600</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">43,600</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">43,600</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Customer lists and other customer related intangibles</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,504,200</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,025,736</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,504,200</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,546,671</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Lease acquisition</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">87,200</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">87,200</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">87,200</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">87,200</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Customer relationship</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">985,000</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">526,701</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">985,000</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">444,618</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Trade names</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,248,000</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">878,469</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,248,000</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">728,601</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="32%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Formula</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">438,000</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">281,050</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">438,000</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">237,250</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="32%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">8,306,000</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,842,756</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">8,306,000</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">3,087,940</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table> </div>
<div> <table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="85%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="41%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Finished goods</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,462,548</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,976,050</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Production supplies</font></div></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,599,668</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2,042,611</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Raw materials</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">876,970</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">935,814</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="56%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total inventories</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,939,186</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,954,475</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table> </div>
<div> <table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31,</font></div></td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2012</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom"> </td>
<td style="border-bottom: black 2px solid;" valign="bottom" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2011</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td>
<td valign="bottom"> </td>
<td valign="bottom" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" nowrap="nowrap"> </td></tr>
<tr><td style="padding-left: 0pt; margin-left: 9pt;" valign="bottom" width="66%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Note payable to Private Bank in monthly installments of $<font class="_mt">42,222</font>, plus variable interest rate, currently at <font class="_mt">2.709</font>%, with a balloon payment for the remaining balance due February 6, 2014. Collateralized by substantially all assets of the Company.</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,365,556</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,914,445</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="66%"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-left: 0pt; margin-left: 9pt;" valign="bottom" width="66%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Line of credit with Private Bank at variable interest rate, currently at <font class="_mt">3.25</font>%. The agreement has been extended with terms allowing borrowings up to $<font class="_mt">2.0</font> million, maturing on May 31, 2013. Collateralized by substantially all assets of the Company.</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,000,000</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="66%"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-left: 0pt; margin-left: 9pt;" valign="bottom" width="66%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Notes payable to Ford Credit Corp. payable in monthly installments of $<font class="_mt">1,778.23</font> at <font class="_mt">5.99</font>%, due July 2015, secured by transportation equipment.</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">50,871</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">68,509</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="66%"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px; padding-left: 0pt; margin-left: 9pt;" valign="bottom" width="66%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Note payable to Fletcher Jones of Chicago, Ltd LLC in monthly installments of $<font class="_mt">1,768.57</font> at <font class="_mt">6.653</font>%, due May 24, 2017, secured by transportation equipment.</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">82,499</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">97,598</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-left: 0pt; margin-left: 9pt;" valign="bottom" width="66%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total notes payable</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,498,926</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7,080,552</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px; padding-left: 0pt; margin-left: 9pt;" valign="bottom" width="66%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Less current maturities</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">542,981</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">1,540,716</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 4px; padding-left: 0pt; margin-left: 9pt;" valign="bottom" width="66%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total long-term portion</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,955,945</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"> </td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="13%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,539,836</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr></table> </div>
<div> <table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="75%">
<tr><td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td></tr>
<tr><td valign="bottom" width="78%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 36pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">For the Period Ended December 31,</font></div></td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="20%" colspan="3"> </td></tr>
<tr><td valign="bottom" width="78%"> </td>
<td valign="bottom" width="2%"> </td>
<td valign="bottom" width="19%" colspan="2"> </td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="78%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2013</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">542,981</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="78%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2014</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4,896,199</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="78%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2015</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">30,787</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td valign="bottom" width="78%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2016</font></div></td>
<td valign="bottom" width="2%" align="right"> </td>
<td style="text-align: left;" valign="bottom" width="1%"> </td>
<td style="text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">19,875</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="78%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">2017</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"> </td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">9,084</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="78%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 72pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"> </td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="18%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5,498,926</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"> </td></tr></table> </div>
<div> <div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify">
<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;">
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt">Note 16 – RECENT ACCOUNTING PRONOUNCEMENTS</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">In September 2011 the FASB issued ASC Topic 350, Intangibles – Goodwill and Other. FASB ASC Topic 250 amends the existing standards related to annual and interim goodwill impairment tests by allowing companies to consider qualitative factors to determine whether it is more likely or not that the fair value of a reporting unit is less than its carrying amount before performing the two step impairment review process. It also amends the examples of events or circumstances that would be considered in a goodwill impairment evaluation. The amendment is effective for interim periods and fiscal years beginning after December 15, 2011; however, early adoption was permitted. The adoption of this new accounting guidance did not have a material effect on the Company's financial statements or results of operations.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block;">
<div style="text-align: left; text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">In May 2011, the FASB issued ASU No. 2011-04, "Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRS." This pronouncement was issued to provide a consistent definition of fair value and ensure that the fair value measurement and disclosure requirements are similar between U.S. GAAP and International Financial Reporting Standards ("IFRS"). ASU 2011-04 changes certain fair value measurement principles and enhances the disclosure requirements particularly for level 3 fair value measurements. ASU 2011-04 became effective for the Company on January 1, 2012. Management adopted this statement effective January 1, 2012.</font><br /></div></div></div></div></div></div></div> </div>
<div> <div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Less Than 12 Months</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">12 Months or Greater</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="border-bottom: black 2px solid;" valign="bottom" width="33%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31, 2012</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="33%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="8%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="8%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="8%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="8%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="8%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="8%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="33%">
<div style="text-indent: -72pt; display: block; margin-left: 72pt; margin-right: 36pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Equities</font></div></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="33%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Mutual Funds</font></div></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="33%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Preferred Securities</font></div></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="33%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Corporate Bonds</font></div></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="left">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%">
<tr><td style="padding-bottom: 2px;" valign="bottom" width="33%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Less Than 12 Months</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">12 Months or Greater</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="19%" colspan="6">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Total</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td style="border-bottom: black 2px solid;" valign="bottom" width="33%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">December 31, 2011</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Fair Value</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid;" valign="bottom" width="8%" colspan="2">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Unrealized Losses</font></div></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="33%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="8%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="8%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="8%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="8%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="8%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="8%" colspan="2"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td></tr>
<tr><td valign="bottom" width="33%">
<div style="text-indent: -72pt; display: block; margin-left: 72pt; margin-right: 36pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Equities</font></div></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">176,966</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 23,211</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">176,966</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 23,211</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr>
<tr><td valign="bottom" width="33%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Mutual Funds</font></div></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">10,585</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 713</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">10,585</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 713</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr>
<tr><td valign="bottom" width="33%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Preferred Securities</font></div></td>
<td valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">0</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">46,750</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 17,702</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">46,750</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 17,702</font></td>
<td style="text-align: left;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr>
<tr><td style="padding-bottom: 2px;" valign="bottom" width="33%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Corporate Bonds</font></div></td>
<td style="padding-bottom: 2px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">626,292</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 24,000</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">90,250</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 9,750</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">716,542</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 2px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 33,750</font></td>
<td style="text-align: left; padding-bottom: 2px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr>
<tr><td style="padding-bottom: 4px;" valign="bottom" width="33%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="3%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">803,258</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 47,211</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">147,585</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 28,165</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">950,843</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="padding-bottom: 4px;" valign="bottom" width="2%" align="right"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 3px double; text-align: left;" valign="bottom" width="1%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">$</font></td>
<td style="border-bottom: black 3px double; text-align: right;" valign="bottom" width="7%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">( 75,376</font></td>
<td style="text-align: left; padding-bottom: 4px;" valign="bottom" width="1%" nowrap="nowrap"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">)</font></td></tr></table></div> </div>
10114902
11506707
940000
1695044
1869888
<div> <div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt">Note 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">A summary of the significant accounting policies applied in the preparation of the accompanying financial statements follows:</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div> </div>
<div class="MetaData">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Principles of consolidation</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, Helios Nutrition, Ltd., Pride of Main Street, L.L.C., Starfruit, L.L.C., Fresh Made, Inc. and Starfruit Franchisor, L.L.C. All significant intercompany accounts and transactions have been eliminated.</font></div></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Use of estimates</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates made in preparing the consolidated financial statements include the allowance for doubtful accounts, the valuation of investment securities, the valuation of goodwill, intangible assets, and deferred taxes.</font></div></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"> </font></div><br /></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Revenue Recognition</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Sales of Company produced dairy products are recorded at the time of shipment and the following four criteria have been met: (i) The product has been shipped and the Company has no significant remaining obligations; (ii) Persuasive evidence of an agreement exists; (iii) The price to the buyer is fixed or determinable and (iv) Collection is probable. In addition, shipping costs invoiced to the customers are included in net sales and the related cost in cost of sales. Discounts and allowances are reported as a reduction of gross sales unless the allowance is attributable to an identifiable benefit separable from the purchase of the product, the value of which can be reasonably estimated, which would be charged to the appropriate expense account.</font></div></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"> </font></div><br /></div>
<div class="MetaData">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Customer Concentration</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Sales are predominately to companies in the retail food industry, located within the United States of America. Two major customers accounted for approximately <font class="_mt">31%</font> percent and <font class="_mt">29%</font> percent of gross sales for the years ended December 31, 2012 and 2011, respectively. These customers accounted for approximately <font class="_mt">30</font>% percent and <font class="_mt"><font class="_mt"><font class="_mt">20</font></font>%</font> percent of accounts receivable as of December 31, 2012 and December 31, 2011, respectively.</font></div></div>
<div style="text-indent: 0pt; display: block;"> </div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Cash and cash equivalents</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">All highly liquid investments purchased with an original maturity of three months or less are considered to be cash equivalents.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The Company maintains cash deposits at several institutions located in the greater Chicago, Illinois and Philadelphia, Pennsylvania metropolitan areas.</font></div></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"> </font></div><br /></div>
<div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Investments</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">All investment securities are classified as available-for-sale and are carried at fair value. Unrealized gains and losses on available-for-sale securities are reported as a separate component of stockholders' equity. Amortization, accretion, interest and dividends, realized gains and losses, and declines in value judged to be other-than-temporary on available-for-sale securities are recorded in other income. All of the Company's securities are subject to a periodic impairment evaluation. This evaluation depends on the specific facts and circumstances. Factors that we consider in determining whether an other-than-temporary decline in value has occurred include: the market value of the security in relation to its cost basis; the financial condition of the investee; and the intent and ability to retain the investment for a sufficient period of time to allow for possible recovery in the market value of the investment.</font></div></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"> </font></div><br /></div>
<div class="MetaData">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Accounts receivable</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Credit terms are extended to customers in the normal course of business. The Company performs ongoing credit evaluations of its customers' financial condition and generally requires no collateral. Balances expected to be paid beyond one year are classified as long-term.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Accounts receivable are recorded at invoice amounts, and reduced to their estimated net realizable value by recognition of an allowance for doubtful accounts and anticipated discounts. The Company's estimate of the allowances for doubtful accounts and anticipated discounts are based upon historical experience, its evaluation of the current status and contract terms of specific receivables, and unusual circumstances, if any. Accounts are considered past due if payment is not made on a timely basis in accordance with the Company's credit terms. Accounts considered uncollectible are charged against the allowance.</font></div></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div class="MetaData">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Inventories</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Inventories are stated at the lower of cost or market, cost being determined by the first-in, first-out method.</font></div></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Property and equipment</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Property and equipment is stated at depreciated cost or fair value where depreciated cost is not recoverable. Depreciation is computed using the straight-line method. When assets are retired or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts, and any resulting gain or loss is recognized in income for the period. The cost of maintenance and repairs is charged to income as incurred; significant renewals and betterments are capitalized.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Property and equipment is being depreciated over the following useful lives:</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div align="center">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="3" width="75%">
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid; border-top: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Category</font></div></td>
<td style="border-bottom: black 2px solid; border-top: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-top: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Years</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Buildings and improvements</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">31 and 39</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Machinery and equipment</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5 – 12</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Office equipment</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5 – 7</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Vehicles</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">5</font></div></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block;"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Intangible assets acquired in business combinations</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The Company accounts for intangible assets at historical cost. Intangible assets acquired in a business combination are recorded under the purchase method of accounting at their estimated fair values at the date of acquisition. Goodwill represents the excess purchase price over the fair value of the net tangible and other identifiable intangible assets acquired. Goodwill is not amortized, but is reviewed for impairment at least annually. Brand assets represent the fair value of brands acquired. Brand assets have an indefinite life and therefore are not amortized, rather are reviewed periodically for impairment. The Company amortizes other intangible assets over their estimated useful lives, as disclosed in the table below.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The Company reviews intangible assets and their related useful lives at least once per year to determine if any adverse conditions exist that would indicate the carrying value of these assets may not be recoverable. The Company conducts more frequent impairment assessments if certain conditions exist, including: a change in the competitive landscape, any internal decisions to pursue new or different strategies, a loss of a significant customer, or a significant change in the market place including changes in the prices paid for the Company's products or changes in the size of the market for the Company's products.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">If the estimate of an intangible asset's remaining useful life is changed, the remaining carrying amount of the intangible asset is amortized prospectively over the revised remaining useful life.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Intangible assets are being amortized over the following useful lives:</font></div>
<div style="text-indent: 0pt; display: block;"> </div>
<div align="center">
<table style="font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="3" width="75%">
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid; border-top: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Category</font></div></td>
<td style="border-bottom: black 2px solid; border-top: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-top: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Years</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Recipes</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">4</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%" align="left">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Customer lists and other </font><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">customer related intangibles</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="bottom" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7-10</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Lease agreement</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">7</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Trade names</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">15</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Formula</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">10</font></div></td></tr>
<tr><td style="border-bottom: black 2px solid; border-left: black 2px solid;" valign="top" width="23%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">Customer relationships</font></div></td>
<td style="border-bottom: black 2px solid;" valign="top" width="6%"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt"> </font></td>
<td style="border-bottom: black 2px solid; border-left: black 2px solid; border-right: black 2px solid;" valign="top" width="9%">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="center"><font style="display: inline; font-family: times new roman; font-size: 10pt;" class="_mt">12</font></div></td></tr></table></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div class="MetaData">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Income taxes</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Deferred income taxes are the result of temporary differences that arise from income and expense items reported for financial accounting and tax purposes in different periods. Deferred taxes are classified as current or non-current, depending on the classification of the assets and liabilities to which they relate. Deferred taxes arising from temporary differences that are not related to an asset or liability are classified as current or non-current depending on the periods in which the temporary differences are expected to reverse.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The principal sources of temporary differences are different depreciation and amortization methods for financial statement and tax purposes, unrealized gains or losses related to investments, capitalization of indirect costs for tax purposes, purchase price adjustments, and the recognition of an allowance for doubtful accounts for financial statement purposes.</font></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The Company has analyzed filing positions in all of the federal and state jurisdictions where it is required to file income tax returns, as well as all open tax years in these jurisdictions. The only periods subject to examination for the Company's federal returns are the 2010 and 2011 tax years. The Company believes that its income tax filing positions and deductions would be sustained on audit and does not anticipate any adjustments that would result in a material change to its financial position. Therefore, no reserves for uncertain income tax positions have been recorded.</font></div></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div class="MetaData">
<div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Treasury stock</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Treasury stock is recorded using the cost method.</font></div></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div class="MetaData">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Advertising and promotional costs</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The Company expenses advertising costs as incurred. For the years ended December 31, 2012 and 2011 total advertising expenses were $<font class="_mt">2,679,798</font> and $<font class="_mt">3,156,096</font>, respectively.</font></div></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div class="MetaData">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Earnings per common share</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Earnings per common share were computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period. For the years ended December 31, 2012 and 2011, diluted and basic earnings per share were the same, as the effect of dilutive securities options outstanding was not significant.</font></div></div>
<div style="text-indent: 0pt; display: block;"><br /></div>
<div class="MetaData">
<div><font style="display: inline; font-family: times new roman; font-size: 10pt; text-decoration: underline;" class="_mt"><font style="font-style: normal; display: inline;" class="_mt">Correction of Prior Year Amounts</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify">
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Management has revised the consolidated statement of income and comprehensive income for the year ended December 31, 2011 to correct an immaterial error. During 2011, amounts related to production of inventory were not presented as part of cost of goods sold at December 31, 2011 and were erroneously included as general and administrative operating expenses in our previously issued financial statements. This revision resulted in a $<font class="_mt">1.285</font> million increase in cost of goods sold and a corresponding decrease in the general and administrative operating expenses.</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">Additionally, Management has restated the unaudited statements of income and comprehensive income for interim periods during the years ended December 31, 2012 and 2011 for similar errors in our presentation of cost of goods sold and general and administrative operating expenses. (see Note 14).</font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">There was no impact on previously reported net income, consolidated balance sheets or consolidated statements of cash flows.</font></div></div></div></div>
<div> </div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"> </div> </div>
33649018
-43094
2032516
6509267
31575875
-6425546
35357157
-8948
2032516
6509267
34431296
-7606974
39312469
53591
2032516
6509267
38904777
-8187682
-127340
127340
63300
63300
1181428
0
0
0
0
1181428
580708
0
0
0
0
580708
737119
864459
927759
7606974
8187682
<div> <div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"><font style="display: inline; text-decoration: underline;" class="_mt">Use of estimates</font></font></div>
<div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="left"><font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates made in preparing the consolidated financial statements include the allowance for doubtful accounts, the valuation of investment securities, the valuation of goodwill, intangible assets, and deferred taxes.</font></div></div> </div>
16442948
16373224