Quarterly report pursuant to Section 13 or 15(d)

NOTE 9: COMMON STOCK REPURCHASE PROGRAM

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NOTE 9: COMMON STOCK REPURCHASE PROGRAM
6 Months Ended
Jun. 30, 2011
Treasury Stock [Text Block]
NOTE 9:                      COMMON STOCK REPURCHASE PROGRAM

In February of 2009, the Company authorized the repurchase in the open market or in privately negotiated transactions of up to $1.0 million of its common stock. Pursuant to this plan, the Company through June 30, 2011 had repurchased 625,337 shares of its common stock for $846,906 ($834,258 net of commissions), all of which was purchased after April 1, 2009. At June 30, 2011, the Company had remaining authorization for the repurchase of up to $165,742 in shares of its common stock. The repurchase program is subject to the discretion of the Company’s management.