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SALE AND DISPOSITION OF ASSETS
9 Months Ended
Jun. 30, 2011
Notes to Financial Statements  
SALE AND DISPOSITION OF ASSETS

7.    SALE AND DISPOSITION OF ASSETS

 

On April 21, 2011 the Company received payment in the amount of $17,000 for an offer it accepted on April 14, 2011 for the sale of equipment no longer in use by the Company. The book value of the asset was zero and the Company recognized a gain of $17,000.