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Subsequent Events
3 Months Ended
Mar. 31, 2012
Subsequent Events
  (11) Subsequent Events

 

Subsequent to March 31, 2012, the fair market value of the Company based on the trading price of the Company's common stock on the OTCQB marketplace declined to an amount below the book equity value of the Company. This decline has been deemed a circumstance of possible goodwill impairment that may require a goodwill impairment evaluation sooner than the required annual evaluation in the fourth quarter of 2012. If such analysis is required to be completed, and if the analysis determines the Company’s goodwill and other indefinite lived assets would not be recoverable, an impairment charge will be made when such determination has been made.