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Note 17 - Subsequent Events
9 Months Ended
Jun. 30, 2011
Subsequent Events [Text Block]
NOTE 17. SUBSEQUENT EVENTS

In September 2010, Ms. Lambeth, a Florida resident, sent a letter alleging that her accounts at NSC had experienced significant declines based on unsuitable, high risk investments recommended by Eric Elliott, a broker formerly registered with NSC. Ms. Lambeth sought damages of approximately $3,400,000 in one account and $250,000 in a trust account, on theory that Mr. Elliott was liable for them and that NSC is vicariously liable for Mr. Elliott’s conduct. NSC denied all claims, and the parties reached a settlement for $1,150,000 on August 10, 2011, of which the Company’s Errors and Omissions policy will contribute $1,000,000 (the policy per event limit) to the settlement.  The Company has accounted for its contribution to this settlement ($150,000) as of June 30, 2011.

Other than disclosed above, the Company has evaluated subsequent events through August 15, 2011, which is the date the financial statements were issued, and has concluded that no such events or transactions took place which would require disclosure herein.