Quarterly report pursuant to Section 13 or 15(d)

NOTE 6: COMMON STOCK REPURCHASE PROGRAM

v3.5.0.2
NOTE 6: COMMON STOCK REPURCHASE PROGRAM
6 Months Ended
Jun. 30, 2016
Stock Repurchase Disclosure [Abstract]  
Stock Repurchase Disclosure [Text Block]
NOTE 6:                      COMMON STOCK REPURCHASE PROGRAM

In February 2009, the Company's Board of Directors authorized the repurchase in the open market or in privately negotiated transactions of up to $1.0 million of the Company's common stock. The repurchase program was extended to August 2016 and the authorization expanded to repurchase up to $2.0 million of the Company's common stock. Through June 30, 2016, the Company repurchased an aggregate of 738,611 shares of its common stock for a total of $1,084,060, net of commissions. There were no shares repurchased during the six or three months ended June 30, 2016. The program is subject to the discretion of the Company's management.