Quarterly report pursuant to Section 13 or 15(d)

NOTE 8: AFFILIATED PARTIES

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NOTE 8: AFFILIATED PARTIES
6 Months Ended
Jun. 30, 2012
Investments in and Advances to Affiliates, Schedule of Investments [Text Block]
NOTE 8:                      AFFILIATED PARTIES

The Company has an investment in an affiliated company, Concord Safety Solutions, Pvt. Ltd. (26% ownership), which was accounted for under the equity method of accounting. The associated loans and investment were written down to zero as of December 31, 2011 as part of the adjustments relating to the discontinuance of the Armor Division.