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       In April 2010, the FASB issued a standard that provides guidance
       on defining a milestone and determining when it may be
       appropriate to apply the milestone method of revenue recognition
       for certain research and development transactions. Under this
       new standard, a company can recognize as revenue consideration
       that is contingent upon achievement of a milestone in the period
       in which it is achieved, if the milestone meets all criteria to
       be considered substantive. This standard will be effective for
       us on a prospective basis for periods beginning after
       January&amp;#160;1, 2011. The Company does not anticipate the
       standard will have a material effect on its financial statements.
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       In June 2009, the FASB issued an amendment to the accounting and
       disclosure requirements for transfers of financial assets. This
       amendment requires greater transparency and additional
       disclosures for transfers of financial assets and the
       entity&amp;#8217;s continuing involvement with them and changes the
       requirements for derecognizing financial assets. In addition,
       this amendment eliminates the concept of a qualifying
       special-purpose entity (&amp;#8220;QSPE&amp;#8221;). This amendment is
       effective for financial statements issued for fiscal years
       beginning after November&amp;#160;15, 2009. The Company&amp;#8217;s
       adoption of this amendment did not have a material effect on its
       financial statements.
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       In June 2009, the FASB also issued an amendment to the
       accounting and disclosure requirements for the consolidation of
       variable interest entities (&amp;#8220;VIEs&amp;#8221;). The elimination
       of the concept of a QSPE, as discussed above,
   removes the exception from applying the consolidation guidance
       within this amendment. This amendment requires an enterprise to
       perform a qualitative analysis when determining whether or not
       it must consolidate a VIE. The amendment also requires an
       enterprise to continuously reassess whether it must consolidate
       a VIE. Additionally, the amendment requires enhanced disclosures
       about an enterprise&amp;#8217;s involvement with VIEs and any
       significant change in risk exposure due to that involvement, as
       well as how its involvement with VIEs impacts the
       enterprise&amp;#8217;s financial statements. Finally, an enterprise
       will be required to disclose significant judgments and
       assumptions used to determine whether or not to consolidate a
       VIE. This amendment is effective for financial statements issued
       for fiscal years beginning after November&amp;#160;15, 2009. The
       Company&amp;#8217;s adoption of this amendment did not have a
       material effect on its financial statements.
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
 -Publisher AICPA
 -Name Accounting Principles Board Opinion (APB)
 -Number 28
 -Paragraph 23, 24

Reference 3: http://www.xbrl.org/2003/role/presentationRef
 -Publisher SEC
 -Name Regulation S-X (SX)
 -Number 210
 -Section 01
 -Paragraph b
 -Subparagraph 6
 -Article 10

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