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7. MANAGEMENT PLAN TO REPURCHASE STOCK
6 Months Ended
Jun. 30, 2012
Notes to Financial Statements  
NOTE 7. MANAGEMENT PLAN TO REPURCHASE STOCK

On November 2, 2011, the Company’s Board of Directors authorized the repurchase of up to $200,000 of its common stock. Common stock will be purchased from time to time, in the open market or through private transactions, subject to market conditions. No shares had been repurchased as of December 31, 2011.  As of March 31, 2012, the Company had repurchased 8,722 shares for a total of $28,946.   During the 3 months ended June 30, 2012, the Company expanded the repurchase program an additional $50,000, and repurchased 63,043 shares for a total of $220,019.  Therefore, for the six months ending June 30, 2012, the Company has purchased 71,765 shares for a total cost of $248,965.