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Note 5 - Note Payable to Bank
9 Months Ended
Oct. 31, 2011
Debt Disclosure [Text Block]
5. NOTE PAYABLE TO BANK

On November 23, 2010, the Trust established a revolving bank line of credit, with a credit limit of $500,000.  The line of credit bears interest at the prime rate plus 1.0% per annum with a 6.0% rate floor and has no financial covenants.  The line was scheduled to mature on May 23, 2011 but was extended to May 23, 2012 subsequent to the end of the first quarter.  The line is secured by a junior security interest in the Yuma, Arizona property and by the Trust’s trade receivables.  Mr. Wirth is a guarantor on the line of credit.  There were $8 drawn from the line of credit as of October 31, 2011, and no funds were drawn under the line of credit as of January 31, 2011.