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- Subsequent Events
3 Months Ended
Mar. 31, 2012
- Subsequent Events

Note 8 – Subsequent Events

Upon our evaluation of events and transactions that have occurred subsequent to the balance sheet date, we had paid a deposit during the fourth quarter of 2011 to have the lake area drained and new landscaping put in on our course.  That project continues and we expect to receive approval from the Las Vegas Valley Water Authority by the end of May 2012.  We expect to receive a rebate from the authority for water conservation after such approval of about $42,000.