Cash and Cash Equivalents:

12 Months Ended

Dec. 31, 2011

Cash and Cash Equivalents:

Note 4.          Cash and Cash Equivalents:

		2011		2010
US Treasury bills	$	40,000,000	$	–
Bank deposits		12,238,554		52,307,918
Money market funds		5,438,816		5,878,560
Total	$	57,677,370	$	58,186,478

At December 31, 2011 and 2010, the Company had approximately $88,000 and $39,000 respectively, in Venezuela. As of December 31, 2011, 74% and 25% of bank deposits were held primarily in US Dollar denominated accounts maintained in U.S. and Canadian banks, respectively and all of the U.S. deposits were maintained in an FDIC insured account.