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Commitments and Contingencies
9 Months Ended
Sep. 30, 2011
Commitments and Contingencies
Note 15 - Commitments and Contingencies
 
           In November, 2009, the Company reached a settlement regarding a suit it had filed earlier that year against Mobile Messenger Americas, Inc. and Mobile Messenger Americas Pty, Ltd. (collectively Mobile Messenger) to recover monies owed to the Company in connection with transaction activity incurred in the ordinary and normal course of business.  The complaint also sought declaratory relief concerning demands made by Mobile Messenger for indemnification for amounts paid by Mobile Messenger in late 2008 in settlement of a class action lawsuit in Florida, Grey v. Mobile Messenger, et al. (the “Florida Class Action”).  Mobile Messenger brought upon the Company a cross complaint, seeking injunctive relief, indemnification for the settlement of the Florida Class Action and other matters.  The terms of the settlement are confidential, but in general resulted in a complete dismissal of the entire action, including the cross-complaint, with prejudice.  Pursuant to the settlement agreement, independent auditors conducted an accounting of payments made to the Company by Mobile Messenger.  In August, 2010, the independent auditors issued their report detailing their findings which Mobile Messenger disputed, and as dictated by the terms of the settlement agreement, the parties have engaged in arbitration.  Rather than continuing with litigation, the Company and Mobile Messenger have agreed to settle all of the disputes remaining in the litigation.  The terms of the settlement are confidential, but in general the settlement will conclude the litigation between Company and Mobile Messenger with regards to the amount determined by the Auditor to be paid to the Company and releases the Company of all obligations in this matter.  It is anticipated that the litigation will conclude by the end of the 4th quarter of 2011. 
 
In the ordinary course of business, the Company is involved in various disputes, which are routine and incidental to the business and the industry in which it operates. The results of such disputes are not expected to have a significant adverse effect on the Company’s financial position or results of operations.