false
--12-31
Q3
2012
2012-09-30
10-Q
0001086303
49713895
Smaller Reporting Company
PACIFIC WEBWORKS INC
1
2
0.75
0.4
0.15
0.15
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<div> <div style="WIDTH: 681px"> <p style="MARGIN: 0px; PADDING-LEFT: 72px; FONT-SIZE: 11pt"><u>Fair Value of Other Financial Instruments</u> - The carrying amounts of our accounts receivable, accounts payable and accrued liabilities approximate their fair values due to their immediate or short-term maturities. The aggregate carrying amount of the notes payable approximates fair value as the individual notes bear interest at market interest rates and there hasn't been a significant change in our operations and risk profile.</p> <!--EndFragment--></div> </div>
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1270
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-4660
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-43
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-8561
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-293
-534
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53926
655191
621880
18069715
18069715
0
0
10694935
10542652
3742830
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368280
368280
368280
593280
368280
-250000
250000
93280
25000
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<div> <div style="WIDTH: 681px"><!--StartFragment--> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: justify">NOTE 1 - BASIS OF FINANCIAL STATEMENT PRESENTATION</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> The accompanying unaudited consolidated financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted in accordance with such rules and regulations. The information furnished in the interim condensed consolidated financial statements includes normal recurring adjustments and reflects all adjustments, which, in the opinion of management, are necessary for a fair presentation of such financial statements. Although management believes the disclosures and information presented adequately ensure that the information is not misleading, it is suggested that these interim consolidated financial statements be read in conjunction with the Company's audited financial statements and notes thereto included in its December 31, 2011 Annual Report on Form 10-K. Operating results for the three and nine month periods ending September 30, 2012 are not necessarily indicative of the results to be expected for the year ending December 31, 2012.</p> <!--EndFragment--></div> </div>
1283569
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-319166
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<div> <div style="WIDTH: 681px"><!--StartFragment--> <p style="MARGIN: 0px; FONT-SIZE: 11pt">NOTE 5 - CONTINGENCIES</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> The Middlebury Ventures II, LLC operating agreement contains a 40% capital call provision specifically associated with the Fisker D-1 round of financing, which includes a 40% capital call component. Members of Middlebury Ventures II, LLC are required to invest an amount up to 40% of their investment to date at the time of the capital call, based on the percentage of the total capital call. Those members failing to meet the capital call encounter an automatic conversion of their shares into common shares on a 2:1 basis. Those members that meet the capital call will convert their shares into common shares on a 1:1 basis at such time when there is a market for Fisker securities.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> The Payroll Innovations, LLC and PickYourPayday.com, LLC operating agreements provide for capital calls upon approval by 75% of the membership voting interest. The total amount of each approved capital call is also subject to approval by 75% of the membership voting interest. In a capital call each member is required to invest its proportionate share based on its membership interest. No member's interest in the companies can be diluted without unanimous approval by the members.</p> <!--EndFragment--></div> </div>
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<div> <div style="WIDTH: 681px"><!--StartFragment--> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> <u>Contingent liabilities</u> - Material estimates for contingent liabilities include approximately $0 for our operating companies. From a liquidity standpoint, any settlement or judgment received by the Company from pending or threatened litigation may have a direct effect on our cash balances. Management believes that all amounts estimated and recorded as contingent liabilities approximate the amount of liabilities that could be owed to parties in the form of settlement or in a judgment. We have had no conversation</p> <!--EndFragment--></div> </div>
0.001
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50000000
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49713895
49713895
49713895
49713895
49714
49714
170652
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<div> <div style="WIDTH: 681px"><!--StartFragment--> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify; TEXT-INDENT: -72px"> NOTE 2 - NOTES PAYABLE</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> On January 27, 2010, the Company executed a Promissory Note Secured by a Deed of Trust with Assignment of Rents in the principal amount of $1,000,000. The holder of the note is entitled to receive the entire principal amount with all accrued interest, at 7% interest per annum, payable on or before January 27, 2012. On January 27, 2012, the maturity date of the Promissory Note was amended to January 27, 2015.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> On July 10, 2012, the Company executed a Promissory Note Secured by a Deed of Trust with Assignment of Rents in the principal amount of $100,000. The holder of the note is entitled to receive the entire principal amount with all accrued interest, at 7% interest per annum, payable on or before December 31, 2012. On November 2, 2012, the maturity date of the Promissory Note was amended to January 10, 2014.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> On August 31, 2012, the Company executed a Promissory Note Secured by a Deed of Trust with Assignment of Rents in the principal amount of $50,000. The holder of the note is entitled to receive the entire principal amount with all accrued interest, at 7% interest per annum, payable on or before December 31, 2012. On November 2, 2012, the maturity date of the Promissory Note was amended to January 10, 2014.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> The January 27, 2010, July 10, 2012 and August 31, 2012 Promissory Notes are secured by a deed of trust with assignment of rents on commercial properties owned by the Company. The Holder is entitled to collect rents and lease amounts, if any, from the buildings upon any default and may at its option elect to foreclose on the properties. The Company may make payments prior to the due date and any payment will be applied first to the reduction of interest and the remaining balance to the outstanding principal. In the event the Company fails to pay any amount when due, then the amount owing will become immediately due and a default interest rate of 15% shall apply to the principal amount.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> On December 2, 2011, the Company assumed a Promissory Note with a principal amount of $30,000 as part of its acquisition of Asher, LLC. The holder of the note is entitled to receive the entire principal amount with all accrued interest, at 5% interest per annum, on or before January 1, 2014.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> During the nine month period ended September 30, 2012 the Company made principal payments on the note totaling $9,663 and interest of $874</p> <!--EndFragment--></div> </div>
0.07
0.07
0.07
0.05
2015-01-27
2014-01-10
2014-01-10
2014-01-01
2014-01-10
2014-01-10
31304
14096
2008400
2259800
27316
28650
9105
9483
500000
-0.01
-0.01
0.0
0.0
0.25
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<div> <div style="WIDTH: 681px"> <table style="MARGIN-TOP: 0px; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0"><!--StartFragment--> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="84" colspan="2"> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="60"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="71"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Quoted Prices in</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Active Markets for</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Identical Assets</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Significant Other Observable Inputs</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Significant Unabservable Inputs</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="84" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 12pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="60"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="71"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Total</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">(Level 1)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">(Level 2)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">(Level 3)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="144" colspan="3"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Assets</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="71"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="10"> <p style="MARGIN: 0px; FONT-SIZE: 12pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="205" colspan="3"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Available-for-sale securities</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="216" colspan="4"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Total assets measured at fair value</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> </tr> <!--EndFragment--></table> </div> </div>
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<div> <div style="WIDTH: 681px"> <table style="MARGIN-TOP: 0px; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0" align="center"><!--StartFragment--> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="33"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="226"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Available-for-sale securities</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Total</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="260" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Balance at December 31, 2011</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 343,280</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 343,280</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="291" colspan="3"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Total gains or losses (realized and unrealized)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="260" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Included in net loss</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="291" colspan="3"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Valuation adjustment</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="291" colspan="3"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Purchases, issuances, and settlements, net</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 25,000</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 25,000</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="260" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Transfers to Level 3</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="260" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Balance at September 30, 2012</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="33"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="226"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> </tr> <!--EndFragment--></table> </div> </div>
25000
343280
368280
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<div> <div style="WIDTH: 681px"> <p style="MARGIN-TOP: 0px; PADDING-LEFT: 72px; MARGIN-BOTTOM: 12px; FONT-SIZE: 11pt"> <u>Fair Value Measurements</u> - We adopted ASC Topic 820 (originally issued as SFAS 157, "Fair Value Measurements") as of January 1, 2008 for financial instruments measured at fair value on a recurring basis. ASC Topic 820 defines fair value, establishes a framework for measuring fair value in accordance with accounting principles generally accepted in the United States and expands disclosures about fair value measurements.</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 establishes a three-tier fair value hierarchy which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include:</p> <p style="MARGIN: 0px"><br /> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 96px; WIDTH: 120px; FONT-FAMILY: Symbol; MARGIN-BOTTOM: -2px; FLOAT: left; FONT-SIZE: 11pt"> ·</p> <p style="TEXT-INDENT: -2px; MARGIN: 0px; PADDING-LEFT: 120px; FONT-SIZE: 11pt"> Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets;</p> <p style="CLEAR: left; MARGIN: 0px; text-align: justify"><br /> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 96px; WIDTH: 120px; FONT-FAMILY: Symbol; MARGIN-BOTTOM: -2px; FLOAT: left; FONT-SIZE: 11pt"> ·</p> <p style="TEXT-INDENT: -2px; MARGIN: 0px; PADDING-LEFT: 120px; FONT-SIZE: 11pt"> Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and</p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 12px; CLEAR: left"><br /> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 96px; WIDTH: 120px; FONT-FAMILY: Symbol; MARGIN-BOTTOM: -2px; FLOAT: left; FONT-SIZE: 11pt"> ·</p> <p style="TEXT-INDENT: -2px; MARGIN: 0px; PADDING-LEFT: 120px; FONT-SIZE: 11pt"> Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.</p> <p style="MARGIN: 0px; CLEAR: left"><br /> </p> <p style="MARGIN: 0px; PADDING-LEFT: 72px; FONT-SIZE: 11pt">We measure certain financial instruments at fair value on a recurring basis. Assets and liabilities measured at fair value on a recurring basis are as follows at September 30, 2012:</p> <table style="MARGIN-TOP: 0px; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0"> <tr style="FONT-SIZE: 0px"> <td width="10"> </td> <td width="73"> </td> <td width="60"> </td> <td width="71"> </td> <td width="12"> </td> <td width="66"> </td> <td width="12"> </td> <td width="114"> </td> <td width="12"> </td> <td width="108"> </td> <td width="18"> </td> <td width="102"> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="84" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 12pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="60"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="71"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> </p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="84" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 12pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="60"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="71"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Quoted Prices in</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Active Markets for</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Identical Assets</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Significant Other Observable Inputs</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Significant Unabservable Inputs</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="84" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 12pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="60"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="71"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Total</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">(Level 1)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">(Level 2)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">(Level 3)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="144" colspan="3"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Assets</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="71"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="10"> <p style="MARGIN: 0px; FONT-SIZE: 12pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="205" colspan="3"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Available-for-sale securities</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="216" colspan="4"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Total assets measured at fair value</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="10"> <p style="MARGIN: 0px; FONT-SIZE: 12pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="133" colspan="2"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="71"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> </tr> </table> <p style="MARGIN: 0px; PADDING-LEFT: 72px; FONT-SIZE: 11pt">The table below presents our assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) at September 30, 2012. We classify financial instruments in Level 3 of the fair value hierarchy when there is reliance on at least one significant unobservable input to the valuation model.</p> <table style="MARGIN-TOP: 0px; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0" align="center"> <tr style="FONT-SIZE: 0px"> <td width="33"> </td> <td width="226"> </td> <td width="30"> </td> <td width="96"> </td> <td width="13"> </td> <td width="103"> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" width="33"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" width="226"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" width="30"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" width="96"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" width="103"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="33"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="226"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Available-for-sale securities</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Total</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="260" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Balance at December 31, 2011</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 343,280</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 343,280</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="291" colspan="3"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Total gains or losses (realized and unrealized)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="260" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Included in net loss</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="291" colspan="3"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Valuation adjustment</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="291" colspan="3"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Purchases, issuances, and settlements, net</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 25,000</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 25,000</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="260" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Transfers to Level 3</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="260" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Balance at September 30, 2012</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="33"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="226"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> </tr> </table> <!--EndFragment--></div> </div>
1036955
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1946253
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<div> <div style="WIDTH: 681px"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> <!--StartFragment--><u>Goodwill</u> - Goodwill related to Intellipay is assessed annually for impairment by comparing the fair value of Intellipay to its carrying amount, including goodwill. In testing for a potential impairment of goodwill, the estimated fair value of Intellipay is compared with book value, including goodwill. If the estimated fair value exceeds book value, goodwill is considered not to be impaired and no additional steps are necessary. If, however, the fair value of Intellipay is less than book value, then an impairment loss is recognized equal to the excess of book value to estimated fair value. The estimate of implied fair value of goodwill may require independent valuations of certain internally generated and unrecognized intangible assets such as our paying monthly gateway portfolio, software and technology and trademarks. If the carrying amount of our goodwill exceeds the implied fair value of that goodwill, an impairment loss would be recognized in an amount equal to the excess. The fair value of Intellipay is estimated using both cash flow information from internal budgets and multiples of revenue. In the event that an impairment indicator arises prior to our annual impairment test of goodwill, we will provide a full test relative to the indicator in the period that the indicator is present.<!--EndFragment--></p> </div> </div>
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<div> <div style="WIDTH: 681px"><!--StartFragment--> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify; TEXT-INDENT: -72px"> NOTE 4 - INVESTMENTS</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> On April 21, 2011, Pacific WebWorks invested $250,000 in common units of Middlebury Ventures II, LLC, a Delaware limited liability company formed for the purpose of participating in the Fisker Holdings, Inc. Series C-1 and subsequent rounds of financing. On December 27, 2011, the Company invested an additional $93,280 in common units of Middlebury Ventures II, LLC. On March 28, 2012, the Company invested an additional $25,000 in common units of Middlebury Ventures II, LLC. The funds are to be used by Middlebury Ventures II, LLC for the acquisition of Fisker Holdings, Inc. Series C-1 Shares pursuant to the Fisker Series C-1 transaction documents. Fisker Holdings, Inc. is an automotive company competing in the luxury hybrid-electric vehicle market.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> On November 11, 2011, the Company, through its Headlamp Ventures, LLC subsidiary, invested a total of $250,000 in Payroll Innovations, LLC and PickYourPayday.com, LLC, sister companies having common ownership and management and providing payroll debit card and online payroll advance service to small and mid-sized employers. For value received, the Company holds a 25% ownership position in Payroll Innovations, LLC and PickYourPayday.com, LLC. On May 30, 2012, the Company invested an additional total of $30,000 in Payroll Innovations, LLC and PickYourPayday.com, LLC to meet a capital call approved by the members. During September, 2012, the Company invested an additional total of $7,500 in Payroll Innovations, LLC and PickYourPayday.com, LLC to meet a capital call approved by the members. For the year ended December 31, 2011 the Company recognized a $21,186 loss on its equity investment, for the period ended March 31, 2012 the Company recognized a $27,530 loss on its equity investment, for the three month period ended June 30, 2012 the Company recognized a $30,328 loss on its equity investment and for the three month period ended September 30, 2012 the Company recognized an additional $20,137 loss on its equity investment.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="MARGIN: 0px; PADDING-LEFT: 72px; FONT-SIZE: 11pt">On April 11, 2012, the Company sold the $250,000 in municipal bonds it held and moved the proceeds into a certain money trust account.</p> <!--EndFragment--></div> </div>
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<div> <div style="WIDTH: 681px"><!--StartFragment--> <p style="MARGIN: 0px; FONT-SIZE: 11pt">NOTE 6 - LITIGATION MATTERS</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> The Company is involved in five class action law suits. All plaintiffs in these cases are being represented by the same legal firm and each complaint seeks class action certification. The complaints allege that Pacific WebWorks violated consumer protection laws, committed fraud and used deceptive trade practices in relation to the manner in which Pacific WebWorks charged for purchases of its products. Each action seeks compensatory and punitive damages, plus reasonable costs and attorney fees. The actions are as follows:</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> On November 9, 2009, Barbara Ford filed an action in the Circuit Court of Cook County, Illinois, Chancery Division. A second action was filed on November 12, 2009, by Deanna Pelletier in the Superior Court of the State of California, County of Solano. A third action was filed by Lisa Rasmussen on November 20, 2009, in the Superior Court of Washington, Snohomish County. On December 18, 2009, the Barbara Ford matter was removed to the United States District Court for the Northern District of Illinois. On December 18, 2009, the Deanna Pelletier matter was removed to the United States District Court for the Eastern District of California. On December 23, 2009, the Lisa Rasmussen matter was removed to the United States District Court for the Western District of Washington.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> On July 10, 2010, Thomas Aikens filed an action in the Circuit Court of Jackson County, Missouri, which matter was removed to the United States District Court for the Western District of Missouri. This matter was brought by the same law firm as the above cases.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> On September 19, 2011, Lynette Booth filed an action in the Circuit Court of Cook County, Illinois, Chancery Division alleging violations of consumer protection laws by Pacific WebWorks. This case was removed to the United States District Court for the Northern District of Illinois on December 1, 2011. Damages are unspecified in this action. Pacific WebWorks has answered the complaint and denied liability and intends to defend against all such claims.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> In response to these actions, Pacific WebWorks retained legal counsel to vigorously defend the Company in these lawsuits. Discovery began on the class certification phase in the Illinois, Washington and California lawsuits. Our legal counsel has opposed class certification and filed motions to dismiss all claims in the Illinois and Washington actions, which motions were granted in part and denied in part. Pacific WebWorks has renewed its motion to dismiss in the Illinois action, which motion has not yet been ruled upon. In addition, Pacific Webworks has brought motions to dismiss the Pelletier, Guffey and Aikens actions, which motions have not yet been ruled upon.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="MARGIN: 0px; PADDING-LEFT: 72px; FONT-SIZE: 11pt">On May 24, 2012, the Company entered into a Stipulation of Class Action Settlement relating to its outstanding class action lawsuits. The settlement agreement requires the Company to contribute a maximum of $400,000 to the settlement fund, class counsel and claims administration fees. The Company's entry into the settlement agreement is intended to reduce its overall litigation expense by putting an end to the significant legal fees continually incurred to defend against the actions. As of June 30, 2012, the Company had recorded a liability of $400,000 in contemplation of reaching settlement on its outstanding class action lawsuits. As a part of the settlement agreement, the Company agreed to establish an escrow account and deposit the amount of their maximum contribution into the escrow account to be held there during the settlement approval process. The escrow account was established and fully funded by the Company on July 2, 2012.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> On November 1, 2011, the Company was named in a suit brought by Adrian O. Alegria in the District Court of the Central District of California. The complaint in that case alleged breach of contract and fraud. Pacific WebWorks retained legal counsel to defend the Company. On April 24, 2012 the Company's motion to dismiss was granted by the Court and this matter is considered to be closed.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> We are involved in various other disputes and claims arising in the normal course of our business. In the opinion of management, any resulting litigation from these disputes and claims will not have a material effect on our financial position and results of operations.</p> <!--EndFragment--></div> </div>
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<div> <div style="WIDTH: 681px"><!--StartFragment--> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify; TEXT-INDENT: -72px"> NOTE 3 - NOTES RECEIVABLE</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="MARGIN: 0px; PADDING-LEFT: 72px; FONT-SIZE: 11pt">On April 16, 2012, the Promissory Note extended to Rsignia, Inc., went into default. The Company subsequently provided Rsignia, Inc. with notice of default and a demand for repayment of all outstanding principal and accrued interest. After ten days in default, the interest rate on the note increased an additional two percent per annum, per the terms of the note. The Company is currently working with Rsignia, Inc. to collect payment in full.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> On February 9, 2012, the Company, through its Headlamp Ventures, LLC subsidiary, established a new revolving line of credit facility and issued an initial $500,000 promissory note to Bsquare Red, LLC, a Utah limited liability company, to be used as working capital in their internet marketing business. The note carries an 18% effective annual rate of interest. It is noted that Bsquare Red, LLC is owned by family members of the CEO and CFO of the Company. On September 27, 2012, the promissory note was repaid in full.</p> <!--EndFragment--></div> </div>
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<div> <div style="WIDTH: 681px"><!--StartFragment--> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> <u>Revenue Recognition</u> - The Company recognizes revenue in accordance with the Securities and Exchange Commission, Staff Accounting Bulletin (SAB) No. 101, "Revenue Recognition in Financial Statements" and its revisions in SAB No. 104. SAB 101 and 104 clarify application of generally accepted accounting principles related to revenue transactions.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> We receive revenue for hosting, gateway, and maintenance fees, software access and licensing fees. Revenues from up-front fees are deferred and recognized over the period in which services are performed, ranging from one month to one year. Fees for the set-up of merchant accounts are deferred and recognized as services are completed (which is generally two months). Revenues from monthly hosting, maintenance, transaction and processing fees are recorded when earned. Operating lease revenues for merchant accounts and software are recorded as they become due from customers.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> The Company recognizes revenues when all of the following criteria are met: (1) persuasive evidence of an arrangement exists, (2) delivery of products and services has occurred, (3) the fee is fixed or determinable and (4) collectibility is reasonably assured.</p> <!--EndFragment--></div> </div>
<!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" -->
<div> <div style="WIDTH: 681px"><!--StartFragment--> <table style="MARGIN-TOP: 0px; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0"> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Three Months Ended</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Three Months Ended</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> September 30, 2011<font style="FONT-SIZE: 10pt"><strong><sup>a</sup></strong></font></p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> September 30, 2012<font style="FONT-SIZE: 10pt"><strong><sup>a</sup></strong></font></p> </td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Business Unit</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Revenues, net</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Net income (loss)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Revenues, net</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Net income (loss)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Pacific WebWorks</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 249,256</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (240,476)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 94,721</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (199,046)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">IntelliPay</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 130,609</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 111,173</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 113,331</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 91,787</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Headlamp Ventures</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (2,945)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 39,321</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">270</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">TradeWorks</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 1,270</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 1,270</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">930</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">930</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">FundWorks</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (850)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Thrifty Seeker</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">692</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (534)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 1,246</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (293)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Promontory Marketing</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">(43)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">(44)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Dynamic WebTools</p> <p style="MARGIN: 0px; FONT-SIZE: 11pt">World Commerce Network</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">176</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (4,660)</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 3,135</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> Total</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 381,827</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (132,229)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 249,549</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (107,921)</p> </td> </tr> </table> <p style="MARGIN: 0px; text-align: center"><br /> </p> <p style="TEXT-INDENT: 36px; MARGIN: 0px"> <strong><sup>a</sup></strong>Amounts include all intercompany receivables, payables, revenues and expenses prior to elimination</p> <p style="TEXT-INDENT: 36px; MARGIN: 0px">for consolidation.</p> <p style="MARGIN: 0px"><br /> </p> <table style="MARGIN-TOP: 0px; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0"> <tr style="FONT-SIZE: 0px"> <td width="175"> </td> <td width="24"> </td> <td width="96"> </td> <td width="18"> </td> <td width="96"> </td> <td width="18"> </td> <td width="96"> </td> <td width="18"> </td> <td width="96"> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Nine Months Ended</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Nine Months Ended</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> September 30, 2011<font style="FONT-SIZE: 10pt"><strong><sup>a</sup></strong></font></p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> September 30, 2012<font style="FONT-SIZE: 10pt"><strong><sup>a</sup></strong></font></p> </td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Business Unit</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Revenues, net</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Net income (loss)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Revenues, net</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Net income (loss)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Pacific WebWorks</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 951,348</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (764,366)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 390,457</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (580,418)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">IntelliPay</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 382,275</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 308,306</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 352,227</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 287,156</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Headlamp Ventures</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (2,875)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 100,585</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (8,561)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">TradeWorks</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 5,690</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 12,813</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 4,831</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 4,698</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">FundWorks</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (1,463)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Thrifty Seeker</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">692</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (534)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 13,502</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (8,856)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Promontory Marketing</p> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Dynamic WebTools</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (139)</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (146)</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (4,660)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">World Commerce Network</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 6,842</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 16,084</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> Total</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 1,340,005</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (441,416)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 861,602</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (294,703)</p> </td> </tr> </table> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="TEXT-INDENT: 36px; MARGIN: 0px"> <strong><sup>a</sup></strong>Amounts include all intercompany receivables, payables, revenues and expenses prior to elimination</p> <p style="TEXT-INDENT: 36px; MARGIN: 0px">for consolidation.</p> <!--EndFragment--></div> </div>
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<div> <div style="WIDTH: 681px"><!--StartFragment--> <p style="MARGIN: 0px; FONT-SIZE: 11pt">NOTE 7 - SEGMENT REPORTING</p> <p style="MARGIN: 0px"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> Segment reporting by business unit follows:</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <table style="MARGIN-TOP: 0px; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0"> <tr style="FONT-SIZE: 0px"> <td width="175"> </td> <td width="24"> </td> <td width="96"> </td> <td width="18"> </td> <td width="96"> </td> <td width="18"> </td> <td width="96"> </td> <td width="18"> </td> <td width="96"> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Three Months Ended</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Three Months Ended</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> September 30, 2011<font style="FONT-SIZE: 10pt"><strong><sup>a</sup></strong></font></p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> September 30, 2012<font style="FONT-SIZE: 10pt"><strong><sup>a</sup></strong></font></p> </td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Business Unit</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Revenues, net</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Net income (loss)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Revenues, net</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Net income (loss)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Pacific WebWorks</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 249,256</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (240,476)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 94,721</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (199,046)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">IntelliPay</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 130,609</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 111,173</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 113,331</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 91,787</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Headlamp Ventures</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (2,945)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 39,321</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">270</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">TradeWorks</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 1,270</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 1,270</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">930</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">930</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">FundWorks</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (850)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Thrifty Seeker</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">692</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (534)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 1,246</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (293)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Promontory Marketing</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">(43)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">(44)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Dynamic WebTools</p> <p style="MARGIN: 0px; FONT-SIZE: 11pt">World Commerce Network</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">176</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (4,660)</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 3,135</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> Total</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 381,827</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (132,229)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 249,549</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (107,921)</p> </td> </tr> </table> <p style="MARGIN: 0px; text-align: center"><br /> </p> <p style="TEXT-INDENT: 36px; MARGIN: 0px"> <strong><sup>a</sup></strong>Amounts include all intercompany receivables, payables, revenues and expenses prior to elimination</p> <p style="TEXT-INDENT: 36px; MARGIN: 0px">for consolidation.</p> <p style="MARGIN: 0px"><br /> </p> <table style="MARGIN-TOP: 0px; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0"> <tr style="FONT-SIZE: 0px"> <td width="175"> </td> <td width="24"> </td> <td width="96"> </td> <td width="18"> </td> <td width="96"> </td> <td width="18"> </td> <td width="96"> </td> <td width="18"> </td> <td width="96"> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Nine Months Ended</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Nine Months Ended</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> September 30, 2011<font style="FONT-SIZE: 10pt"><strong><sup>a</sup></strong></font></p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="210" colspan="3"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> September 30, 2012<font style="FONT-SIZE: 10pt"><strong><sup>a</sup></strong></font></p> </td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Business Unit</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Revenues, net</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Net income (loss)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Revenues, net</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Net income (loss)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Pacific WebWorks</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 951,348</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (764,366)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 390,457</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (580,418)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">IntelliPay</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 382,275</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 308,306</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 352,227</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 287,156</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Headlamp Ventures</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (2,875)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 100,585</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (8,561)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">TradeWorks</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 5,690</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 12,813</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 4,831</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 4,698</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">FundWorks</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (1,463)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Thrifty Seeker</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">692</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (534)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 13,502</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (8,856)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Promontory Marketing</p> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Dynamic WebTools</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (139)</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (146)</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> (4,660)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">World Commerce Network</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 6,842</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 16,084</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="175"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> Total</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="24"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 1,340,005</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (441,416)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ 861,602</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="top" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$ (294,703)</p> </td> </tr> </table> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="TEXT-INDENT: 36px; MARGIN: 0px"> <strong><sup>a</sup></strong>Amounts include all intercompany receivables, payables, revenues and expenses prior to elimination</p> <p style="TEXT-INDENT: 36px; MARGIN: 0px">for consolidation.</p> <!--EndFragment--></div> </div>
861602
1340005
249549
381827
390457
951348
94721
249256
352227
382275
113331
130609
4831
5690
930
1270
100585
270
13502
692
1246
692
30316
15499
9414
796
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<div> <div style="WIDTH: 681px"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> <u>Valuing stock options</u> - We measure and record compensation cost relative to performance stock option costs in accordance with FASB ASC 480-10, which requires the Company to use the Black-Scholes pricing model to estimate the fair value of options at the option date of grant. The fair value of the option grant is established at the date of grant using the Black-Scholes option pricing model based on assumptions related to the five year risk free interest rate, dividend yield, volatility, and average expected term (years to exercise).</p> <!--EndFragment--></div> </div>
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<div> <div style="WIDTH: 681px"><!--StartFragment--> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify; TEXT-INDENT: -72px"> NOTE 8 - CRITICAL ACCOUNTING POLICIES</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Estimates of particular significance in our financial statements include trade receivables and collections, goodwill, contingent liabilities, and valuing stock option compensation.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> <u>Trade receivables and collections</u> - We apply a range of collection techniques to manage delinquent accounts. Management reviews accounts receivable monthly and records an estimate of receivables determined to be uncollectible due to allowance for doubtful accounts and bad debt. Accounts receivable and the corresponding allowance for doubtful accounts are reviewed for collectability by management quarterly and uncollectible accounts receivable are written off.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> <u>Revenue Recognition</u> - The Company recognizes revenue in accordance with the Securities and Exchange Commission, Staff Accounting Bulletin (SAB) No. 101, "Revenue Recognition in Financial Statements" and its revisions in SAB No. 104. SAB 101 and 104 clarify application of generally accepted accounting principles related to revenue transactions.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> We receive revenue for hosting, gateway, and maintenance fees, software access and licensing fees. Revenues from up-front fees are deferred and recognized over the period in which services are performed, ranging from one month to one year. Fees for the set-up of merchant accounts are deferred and recognized as services are completed (which is generally two months). Revenues from monthly hosting, maintenance, transaction and processing fees are recorded when earned. Operating lease revenues for merchant accounts and software are recorded as they become due from customers.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> The Company recognizes revenues when all of the following criteria are met: (1) persuasive evidence of an arrangement exists, (2) delivery of products and services has occurred, (3) the fee is fixed or determinable and (4) collectibility is reasonably assured.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> <u>Goodwill</u> - Goodwill related to Intellipay is assessed annually for impairment by comparing the fair value of Intellipay to its carrying amount, including goodwill. In testing for a potential impairment of goodwill, the estimated fair value of Intellipay is compared with book value, including goodwill. If the estimated fair value exceeds book value, goodwill is considered not to be impaired and no additional steps are necessary. If, however, the fair value of Intellipay is less than book value, then an impairment loss is recognized equal to the excess of book value to estimated fair value. The estimate of implied fair value of goodwill may require independent valuations of certain internally generated and unrecognized intangible assets such as our paying monthly gateway portfolio, software and technology and trademarks. If the carrying amount of our goodwill exceeds the implied fair value of that goodwill, an impairment loss would be recognized in an amount equal to the excess. The fair value of Intellipay is estimated using both cash flow information from internal budgets and multiples of revenue. In the event that an impairment indicator arises prior to our annual impairment test of goodwill, we will provide a full test relative to the indicator in the period that the indicator is present.</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> <u>Contingent liabilities</u> - Material estimates for contingent liabilities include approximately $0 for our operating companies. From a liquidity standpoint, any settlement or judgment received by the Company from pending or threatened litigation may have a direct effect on our cash balances. Management believes that all amounts estimated and recorded as contingent liabilities approximate the amount of liabilities that could be owed to parties in the form of settlement or in a judgment. We have had no conversation</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> <u>Valuing stock options</u> - We measure and record compensation cost relative to performance stock option costs in accordance with FASB ASC 480-10, which requires the Company to use the Black-Scholes pricing model to estimate the fair value of options at the option date of grant. The fair value of the option grant is established at the date of grant using the Black-Scholes option pricing model based on assumptions related to the five year risk free interest rate, dividend yield, volatility, and average expected term (years to exercise).</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="MARGIN-TOP: 0px; PADDING-LEFT: 72px; MARGIN-BOTTOM: 12px; FONT-SIZE: 11pt"> <u>Fair Value Measurements</u> - We adopted ASC Topic 820 (originally issued as SFAS 157, "Fair Value Measurements") as of January 1, 2008 for financial instruments measured at fair value on a recurring basis. ASC Topic 820 defines fair value, establishes a framework for measuring fair value in accordance with accounting principles generally accepted in the United States and expands disclosures about fair value measurements.</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify"> Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 establishes a three-tier fair value hierarchy which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include:</p> <p style="MARGIN: 0px"><br /> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 96px; WIDTH: 120px; FONT-FAMILY: Symbol; MARGIN-BOTTOM: -2px; FLOAT: left; FONT-SIZE: 11pt"> ·</p> <p style="TEXT-INDENT: -2px; MARGIN: 0px; PADDING-LEFT: 120px; FONT-SIZE: 11pt"> Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets;</p> <p style="CLEAR: left; MARGIN: 0px; text-align: justify"><br /> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 96px; WIDTH: 120px; FONT-FAMILY: Symbol; MARGIN-BOTTOM: -2px; FLOAT: left; FONT-SIZE: 11pt"> ·</p> <p style="TEXT-INDENT: -2px; MARGIN: 0px; PADDING-LEFT: 120px; FONT-SIZE: 11pt"> Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and</p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 12px; CLEAR: left"><br /> </p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: 96px; WIDTH: 120px; FONT-FAMILY: Symbol; MARGIN-BOTTOM: -2px; FLOAT: left; FONT-SIZE: 11pt"> ·</p> <p style="TEXT-INDENT: -2px; MARGIN: 0px; PADDING-LEFT: 120px; FONT-SIZE: 11pt"> Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.</p> <p style="MARGIN: 0px; CLEAR: left"><br /> </p> <p style="MARGIN: 0px; PADDING-LEFT: 72px; FONT-SIZE: 11pt">We measure certain financial instruments at fair value on a recurring basis. Assets and liabilities measured at fair value on a recurring basis are as follows at September 30, 2012:</p> <table style="MARGIN-TOP: 0px; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0"> <tr style="FONT-SIZE: 0px"> <td width="10"> </td> <td width="73"> </td> <td width="60"> </td> <td width="71"> </td> <td width="12"> </td> <td width="66"> </td> <td width="12"> </td> <td width="114"> </td> <td width="12"> </td> <td width="108"> </td> <td width="18"> </td> <td width="102"> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="84" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 12pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="60"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="71"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> </p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="84" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 12pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="60"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="71"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Quoted Prices in</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">Active Markets for</p> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Identical Assets</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Significant Other Observable Inputs</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Significant Unabservable Inputs</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="84" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 12pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="60"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="71"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Total</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">(Level 1)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">(Level 2)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center">(Level 3)</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="144" colspan="3"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Assets</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="71"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="10"> <p style="MARGIN: 0px; FONT-SIZE: 12pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="205" colspan="3"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Available-for-sale securities</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="216" colspan="4"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Total assets measured at fair value</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="10"> <p style="MARGIN: 0px; FONT-SIZE: 12pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="133" colspan="2"> <p style="MARGIN: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="71"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="66"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="114"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="12"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="108"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="18"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="102"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> </tr> </table> <p style="MARGIN: 0px; PADDING-LEFT: 72px; FONT-SIZE: 11pt">The table below presents our assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) at September 30, 2012. We classify financial instruments in Level 3 of the fair value hierarchy when there is reliance on at least one significant unobservable input to the valuation model.</p> <table style="MARGIN-TOP: 0px; FONT-SIZE: 10pt" cellspacing="0" cellpadding="0" align="center"> <tr style="FONT-SIZE: 0px"> <td width="33"> </td> <td width="226"> </td> <td width="30"> </td> <td width="96"> </td> <td width="13"> </td> <td width="103"> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" width="33"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" width="226"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" width="30"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" width="96"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" width="103"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="33"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="226"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Available-for-sale securities</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: center"> Total</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="260" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Balance at December 31, 2011</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 343,280</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 343,280</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="291" colspan="3"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Total gains or losses (realized and unrealized)</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="260" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Included in net loss</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="291" colspan="3"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Valuation adjustment</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="291" colspan="3"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Purchases, issuances, and settlements, net</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 25,000</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 25,000</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="260" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Transfers to Level 3</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">-</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="260" colspan="2"> <p style="MARGIN: 0px; FONT-SIZE: 11pt">Balance at September 30, 2012</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right">$</p> </td> <td style="BORDER-BOTTOM: #000000 3px double; PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; text-align: right"> 368,280</p> </td> </tr> <tr> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="33"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="226"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="30"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="96"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="13"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> <td style="PADDING-BOTTOM: 0px; MARGIN-TOP: 0px; PADDING-LEFT: 9px; PADDING-RIGHT: 9px; PADDING-TOP: 0px" valign="bottom" width="103"> <p style="MARGIN: 0px; FONT-SIZE: 11pt"> </p> </td> </tr> </table> <p style="MARGIN: 0px; PADDING-LEFT: 72px; FONT-SIZE: 11pt"><u>Fair Value of Other Financial Instruments</u> - The carrying amounts of our accounts receivable, accounts payable and accrued liabilities approximate their fair values due to their immediate or short-term maturities. The aggregate carrying amount of the notes payable approximates fair value as the individual notes bear interest at market interest rates and there hasn't been a significant change in our operations and risk profile.</p> <!--EndFragment--></div> </div>
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<div> <div style="WIDTH: 681px"> <p style="FONT-SIZE: 11pt; MARGIN: 0px; PADDING-LEFT: 72px; text-align: justify; TEXT-INDENT: -72px"> NOTE 9 - SUBSEQUENT EVENTS</p> <p style="MARGIN: 0px; text-align: justify"><br /> </p> <p style="MARGIN: 0px; PADDING-LEFT: 72px; FONT-SIZE: 11pt">On November 2, 2012, the maturity date on the $100,000 Promissory Note executed by the Company on July 10, 2012 was amended to January 10, 2014. (See Note 2, above.)</p> <p style="MARGIN: 0px"><br /> </p> <p style="MARGIN: 0px; PADDING-LEFT: 72px; FONT-SIZE: 11pt">On November 2, 2012, the maturity date on the $50,000 Promissory Note executed by the Company on August 31, 2012 was amended to January 10, 2014. (See Note 2, above.)</p> <!--EndFragment--></div> </div>
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