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Subsequent Events
6 Months Ended
Mar. 31, 2013
Subsequent Events [Abstract]  
Schedule Of Subsequent Events [Text Block]

12. SUBSEQUENT EVENTS

 

The Company has completed an evaluation of all subsequent events through the issuance date of these financial statements, and concluded no subsequent events occurred that require recognition or disclosure other than the matter noted below.

 

On May 14, 2013, the Company entered into an agreement to be acquired by Bellisio Foods, Inc. Under the terms of the agreement, which was unanimously approved by the Company's Board of Directors on May 14, 2013, the Company's shareholders will receive $5.00 in cash for each share of common stock. The transaction is not subject to a financing contingency. The transaction is subject to approval by the Company's stockholders, receipt of regulatory approvals and other customary closing conditions, and is expected to close in the third calendar quarter of 2013..