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Equity Transactions
9 Months Ended
Sep. 30, 2011
Equity Transactions [Abstract] 
Equity Transactions

NOTE 12—EQUITY TRANSACTIONS

Series A Convertible Preferred Stock—During the three and nine month periods ended September 30, 2011 there were no conversions of Series A Preferred stock into shares of the Company's common stock.

Common Stock Dividends—There were no dividends paid during the three and nine month periods ended September 30, 2011.

Treasury Stock—Pursuant to a common stock repurchase program approved by our Board of Directors, a total of 268,881 shares were purchased during the three month period ended September 30, 2011 at a cost of $130,479 and recorded as treasury stock. A total of 357,780 shares were purchased during the nine month period ended September 30, 2011 at a cost of $193,491 and recorded as treasury stock.