0000721748-15-000592.txt : 20150812 0000721748-15-000592.hdr.sgml : 20150812 20150812134645 ACCESSION NUMBER: 0000721748-15-000592 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20150630 FILED AS OF DATE: 20150812 DATE AS OF CHANGE: 20150812 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IRONCLAD PERFORMANCE WEAR CORP CENTRAL INDEX KEY: 0001301712 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MISC DURABLE GOODS [5090] IRS NUMBER: 980434104 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-51365 FILM NUMBER: 151046430 BUSINESS ADDRESS: STREET 1: 1920 HUTTON COURT STREET 2: SUITE 300 CITY: FARMERS BRANCH STATE: TX ZIP: 75234 BUSINESS PHONE: 972-996-5664 MAIL ADDRESS: STREET 1: 1920 HUTTON COURT STREET 2: SUITE 300 CITY: FARMERS BRANCH STATE: TX ZIP: 75234 FORMER COMPANY: FORMER CONFORMED NAME: EUROPA TRADE AGENCY LTD. DATE OF NAME CHANGE: 20040827 10-Q 1 icpw10q081515.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

[x]	Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

	For the quarterly period ended June 30, 2015

[ ]	Transition Report Pursuant Section 13 or 15(d) of the Securities Exchange Act of 1934

	For the transition period from to .

Commission file number 0-51536

IRONCLAD PERFORMANCE WEAR CORPORATION

(Exact name of registrant as specified in its charter)

Nevada		98-0434104
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

1920 Hutton Court, Suite 300

Farmers Branch, TX 75234

(Address of principal executive offices, zip code)

(972) 996 -5664

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [x] No [ ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [x] No [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definition of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act (Check one);

Large accelerated filer	[ ]	Accelerated filer	[ ]
Non-accelerated filer	[ ] (Do not check if smaller reporting company)	Smaller reporting company	[x]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [x]

As of August 7, 2015, the registrant had 81,648,562 shares of common stock issued and outstanding.

TABLE OF CONTENTS

			Page
PART I	Financial Information		1

Item 1.	Financial Statements

	a.	Condensed Consolidated Balance Sheets as of June 30, 2015 (unaudited) and December 31, 2014	1

	b.	Condensed Consolidated Statements of Operations (unaudited) for the three and six months ended June 30, 2015 and June 30, 2014	2

	c.	Condensed Consolidated Statements of Cash Flows (unaudited) for the six months ended June 30, 2015 and June 30, 2014	3

	d.	Notes to Condensed Consolidated Financial Statements	4 – 17

Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations		18

Item 3.	Quantitative and Qualitative Disclosures About Market Risk		25

Item 4.	Controls and Procedures		25

PART II	Other Information		26

Item 6.	Exhibits		26

PART I

ITEM 1. FINANCIAL STATEMENTS

IRONCLAD PERFORMANCE WEAR CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

AS OF JUNE 30, 2015 AND DECEMBER 31, 2014

	June 30, 2015			December 31, 2014
		(unaudited)
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	291,606		$	340,903
Accounts receivable, net of allowance for doubtful accounts of $30,000 and $30,000		5,326,692			6,283,032
Inventory, net of reserve of $547,800 and $547,800		8,878,889			7,123,654
Deposits on inventory		278,973			661,744
Prepaid and other assets		809,131			566,022
Deferred tax assets – current		183,000			183,000
Total current assets		15,768,291			15,158,355

PROPERTY AND EQUIPMENT
Computer equipment and software		573,693			507,640
Office equipment and furniture		264,030			255,085
Leasehold improvements		172,048			169,904
Less: accumulated depreciation		(704,013	)		(641,953	)
Total property and equipment, net		305,758			290,676

Trademarks and patents, net of accumulated amortization of $63,328 and $60,945		130,661			135,064
Deposits		23,104			21,306
Deferred tax assets – long term		1,649,000			1,649,000
Total other assets		1,802,765			1,805,370

Total Assets	$	17,876,814		$	17,254,401

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable and accrued expenses	$	2,621,606		$	2,589,623
Line of credit		3,260,382			2,586,034
Total current liabilities		5,881,988			5,175,657

Total Liabilities		5,881,988			5,175,657

STOCKHOLDERS’ EQUITY
Common stock, $.001 par value; 172,744,750 shares authorized; 81,648,562 and 80,808,629 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively		81,649			80,808
Additional paid-in capital		20,477,544			20,293,486
Accumulated deficit		(8,564,367	)		(8,295,550	)
Total Stockholders’ Equity		11,994,826			12,078,744
Total Liabilities and Stockholders’ Equity	$	17,876,814		$	17,254,401

See Notes to Condensed Consolidated Financial Statements.

Table of Contents

IRONCLAD PERFORMANCE WEAR CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

	Three Months Ended June 30, 2015			Three Months Ended June 30, 2014			Six Months Ended June 30, 2015			Six Months Ended June 30, 2014

REVENUES
Net sales	$	5,171,966		$	4,819,252		$	9,739,649		$	9,895,587

COST OF SALES
Cost of sales		3,395,362			3,161,595			6,196,449			6,768,784

GROSS PROFIT		1,776,604			1,657,657			3,543,200			3,126,803

OPERATING EXPENSES
General and administrative		761,411			763,033			1,439,823			1,535,090
Sales and marketing		733,424			659,265			1,432,304			1,362,484
Research and development		158,132			132,335			313,602			252,983
Purchasing, warehousing and distribution		241,534			356,297			524,531			684,094
Depreciation and amortization		31,831			28,675			66,828			58,495

Total operating expenses		1,926,332			1,939,605			3,777,088			3,893,146

LOSS FROM OPERATIONS		(149,728	)		(281,948	)		(233,888	)		(766,343	)

OTHER INCOME (EXPENSE)

Interest expense		(20,193	)		—			(34,942	)		(6,913	)
Interest income		7			7			14			14
Other income, net		—			131			—			131
Gain on disposition of equipment		—			105			—			105
Total other income (expense)		(20,186	)		243			(34,928	)		(6,663	)

NET LOSS BEFORE PROVISION FOR INCOME TAXES		(169,914	)		(281,705	)		(268,816	)		(773,006	)

BENEFIT FROM INCOME TAXES		—			—			—			—

NET LOSS	$	(169,914	)	$	(281,705	)	$	(268,816	)	$	(773,006	)

NET LOSS PER COMMON SHARE
Basic	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.01	)
Diluted	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.01	)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic		81,132,811			77,117,171			81,011,664			76,911,863
Diluted		81,132,811			77,117,171			81,011,664			76,911,863

See Notes to Condensed Consolidated Financial Statements

Table of Contents

IRONCLAD PERFORMANCE WEAR CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited)

	Six Months Ended June 30, 2015			Six Months Ended June 30, 2014

CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(268,816	)	$	(773,006	)
Adjustments to reconcile net loss (used) provided by operating activities:
Allowance for (recovery of) bad debts		—			(18,000	)
Depreciation		62,060			53,777
Amortization		4,768			4,718
Inventory reserve (recoveries)		—			(73,200	)
Stock option expense		174,895			157,116
Gain on disposition of equipment		—			(105	)
Changes in operating assets and liabilities:
Accounts receivable		956,340			3,430,599
Inventory		(1,755,235	)		(857,625	)
Deposits on inventory		382,771			(155,950	)
Prepaid and other		(244,909	)		(301,073	)
Accounts payable and accrued expenses		31,985			1,179,992
Net cash flows (used) provided by operating activities		(656,141	)		2,647,243

CASH FLOWS FROM INVESTING ACTIVITIES
Property, plant and equipment purchased		(77,142	)		(39,249	)
Proceeds from sale of assets		—			233
Investment in trademarks		(364	)		(6,300	)
Net cash flows used in investing activities		(77,506	)		(45,316	)

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock		10,002			16,021
Proceeds from bank line of credit		7,494,911			905,497
Payments to bank line of credit		(6,820,563	)		(3,074,908	)
Net cash flows provided (used) by financing activities		684,350			(2,153,390	)

NET INCREASE (DECREASE) IN CASH		(49,297	)		448,537
CASH AND CASH EQUIVALENTS BEGINNING OF PERIOD		340,903			313,750
CASH AND CASH EQUIVALENTS END OF PERIOD	$	291,606		$	762,287

SUPPLEMENTAL DISCLOSURES
Interest paid in cash	$	34,942		$	6,913
Income taxes paid in cash	$	—		$	—

See Notes to Condensed Consolidated Financial Statements.

Table of Contents

IRONCLAD PERFORMANCE WEAR CORPORATION

Notes to Condensed Consolidated Financial Statements

1. Description of Business

Ironclad Performance Wear Corporation (“Ironclad”, the “Company”, “we”, “us” or “our”) was incorporated in Nevada on May 26, 2004 and engages in the business of design and manufacture of branded performance work wear including task-specific gloves and performance apparel designed to significantly improve the wearer’s ability to safely, efficiently and comfortably perform general to highly specific job functions. Its customers are primarily industrial distributors, hardware, lumber and automotive retailers, “Big Box” home centers and sporting goods retailers. The Company has received six U.S. patents, one international patent and four U.S. patents pending for design and technological innovations incorporated in its performance work gloves. The Company has 57 registered U.S. trademarks, 9 in-use U.S. trademarks, 4 U.S. trademark pending registration, 21 registered international trademarks, 3 international trademarks pending and 7 copyright marks.

2. Accounting Policies

Basis of Presentation

The accompanying interim condensed consolidated financial statements are unaudited and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) including those for interim financial information and with the instructions for Form 10-Q and Article 8 of Regulation S-X issued by the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and note disclosures required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been reflected in these interim financial statements. These financial statements should be read in conjunction with the audited financial statements and notes for the year ended December 31, 2014 included in the Company’s Annual Report on Form 10-K filed with the SEC on March 16, 2015.

Basis of Consolidation

The condensed consolidated financial statements include the accounts of Ironclad Performance Corporation, an inactive parent company, and its wholly owned subsidiary Ironclad California. All significant inter-company transactions have been eliminated in consolidation.

Use of Estimates

The preparation of financial statements requires management to make a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities. Actual results could differ from those estimates. Significant estimates and assumptions made by management are used for, but not limited to, the allowance for doubtful accounts, inventory obsolescence, allowance for returns and the estimated useful lives of long-lived assets.

Cash and Cash Equivalents

The Company considers all highly liquid investments with original maturities of three months or less when purchased to be cash equivalents. The Company places its cash with high credit quality institutions. The Federal Deposit Insurance Company (FDIC) insures cash amounts at each institution for up to $250,000 and the Securities Investor Protection Corporation (SIPC) also insures cash amounts at each institution up to $250,000. In addition, supplemental insurance is in place to cover balances in excess of these limits. The Company maintains cash in excess of the FDIC and SIPC limits.

Table of Contents

Accounts Receivable

	June 30, 2015			December 31, 2014
Accounts receivable	$	5,356,692		$	6,313,032
Less - allowance for doubtful accounts		(30,000	)		(30,000	)

Net accounts receivable	$	5,326,692		$	6,283,032

The allowance for doubtful accounts is based on management’s regular evaluation of individual customer’s receivables and consideration of a customer’s financial condition and credit history. Trade receivables are written off when deemed uncollectible. Recoveries of trade receivables previously written off are recorded when received. Interest is not charged on past due accounts.

Inventory

Inventory is stated at the lower of average cost (which approximates first in, first out) or market and consists primarily of finished goods. The Company regularly reviews its inventory quantities on hand and records a provision for excess and obsolete inventory based primarily on management’s estimated forecast of product demand and production requirements.

Property and Equipment

Property and equipment are recorded at cost less accumulated depreciation. Depreciation is recorded using the straight-line method over the estimated useful lives of the related assets, which range from three to seven years. Leasehold improvements are depreciated over fifteen years or the lease term, whichever is shorter. Maintenance and repairs are charged to expense as incurred.

Trademarks

The costs incurred to file and acquire trademarks, which are active and relate to products with a definite life cycle, are amortized over the estimated useful life of fifteen years. Trademarks, which are active and relate to corporate identification, such as logos, are not amortized. Pending trademarks are capitalized and reviewed monthly for active status.

Long-Lived Asset Impairment

The Company periodically evaluates whether events and circumstances have occurred that indicate the remaining estimated useful life of long-lived assets may warrant revision or that the remaining balance may not be recoverable. When factors indicate that the asset should be evaluated for possible impairment, the Company uses an estimate of the undiscounted net cash flows over the remaining life of the asset in measuring whether the asset is recoverable. Based upon the anticipated future income and cash flow from operations and other factors, relevant in the opinion of the Company’s management, there has been no impairment.

Operating Segment Reporting

The Company has two product lines, “gloves” and “apparel,” both of which have similar characteristics. They each provide functional protection and comfort to workers in the form of work wear for various parts of the body; their production processes are similar; they are both sold to the same type of class of customers, typically on the same purchase order; and they are warehoused and distributed from the same warehouse facility. In addition, the “apparel” segment currently comprises less than 2% of the Company’s revenues. The Company believes that the aggregation criteria of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 280, paragraph 17 applies and will accordingly aggregate these two segments.

Table of Contents

Revenue Recognition

A customer is obligated to pay for products sold to it within a specified number of days from the date that title to the products is transferred to the customer. The Company’s standard terms are typically net 30 days from the transfer of title to the products to the customer, however we have negotiated special terms with certain customers and industries. The Company typically collects payment from a customer within 30 to 60 days from the transfer of title to the products to a customer. Transfer of title occurs and risk of ownership generally passes to a customer at the time of shipment or delivery, depending on the terms of the agreement with a particular customer. The sale price of the Company’s products is substantially fixed or determinable at the date of sale based on purchase orders generated by a customer and accepted by the Company. A customer’s obligation to pay the Company for products sold to it is not contingent upon the resale of those products. The Company recognizes revenues when products are delivered, or shipped to customers, based on terms of agreement with the customers. All transactions are conducted in United States Dollars and therefore there are no transaction gains or losses incurred on transactions with foreign customers.

Revenue Disclosures

The Company’s revenues are derived from the sale of our core line of task specific work gloves plus our line of work wear apparel products, available to all of our customers, both domestically and internationally. Below is a table outlining this breakdown for the comparative periods:

	Three Months Ended June 30, 2015						Three Months Ended June 30, 2014
Net Sales	Gloves		Apparel		Total		Gloves		Apparel		Total
Domestic	$	4,711,891	$	22,576	$	4,734,467	$	3,526,468	$	12,919	$	3,539,387
International		437,500		—		437,500		1,279,126		739		1,279,865
Total	$	5,149,391	$	22,576	$	5,171,967	$	4,805,594	$	13,658	$	4,819,252

	Six Months Ended June 30, 2015						Six Months Ended June 30, 2014
Net Sales	Gloves		Apparel		Total		Gloves		Apparel		Total
Domestic	$	8,162,102	$	30,423	$	8,192,525	$	7,461,389	$	81,252	$	7,542,641
International		1,547,124		—		1,547,124		2,352,207		739		2,352,946
Total	$	9,709,226	$	30,423	$	9,739,649	$	9,813,596	$	81,991	$	9,895,587

Cost of Goods Sold

Cost of goods sold includes all of the costs associated with producing the product by independent, third party factories (FOB costs), plus the costs of transporting, inspecting and delivering the product to our distribution warehouse in California (landed costs). Landed costs consist primarily of ocean/air freight, transport insurance, import duties, administrative charges and local trucking charges from the port to our warehouse. Cost of goods sold for the three months ended June 30, 2015 and 2014 were $3,395,362 and $3,161,595, respectively. Cost of goods sold for the six months ended June 30, 2015 and 2014 were $6,196,449 and $6,768,784, respectively.

Purchasing, warehousing and distribution costs are reported in operating expenses on the line item entitled “Purchasing, warehousing and distribution” and for the three months ended June 30, 2015 and 2014 were $241,534 and $356,297, respectively and for the six months ended June 30, 2015 and 2014 were $524,531 and $684,094, respectively.

Product Returns, Allowances and Adjustments

Product returns, allowances and adjustments is a broad term that encompasses a number of offsets to gross sales. Included herein are warranty returns of defective products, returns of saleable products and accounting adjustments.

Table of Contents

Warranty Returns - the Company has a warranty policy that covers defects in workmanship. It allows customers to return damaged or defective products to us following a customary return merchandise authorization process. Warranty returns for the three and six months ended June 30, 2015 and 2014 were approximately $2,800 or 0.1% and $16,300 or 0.4% and $9,400 or 0.1% and $25,900 or 0.5%, respectively.

Saleable Product Returns - the Company may allow from time to time, depending on the customer and existing circumstances, stock adjustment returns, whereby the customer is given the opportunity to ‘trade out’ of a style of product that does not sell well in their territory, usually in exchange for another product, again following the customary return merchandise authorization process. In addition the Company may allow from time to time other saleable product returns from customers for other business reasons, for example, in settlement of an outstanding accounts receivable, from a discontinued distributor customer or other customer service purpose. Saleable product returns for the three and six months ended June 30, 2015 and 2014 were approximately $129,000 or 2.4% and $22,700 or 0.5% and $255,000 or 2.5% and $133,600 or 2.8% of net sales, respectively.

Sales Adjustments - these adjustments include pricing and shipping corrections and periodic adjustments to the product returns reserve. Pricing and shipping corrections for the three and six months ended June 30, 2015 and 2014 were approximately $96,000 or1.8% and $6,200 or 0.1% and $112,000 or 1.1% and $8,200 or 0.2%, respectively. Adjustments to the product returns reserve were zero for the three and six months ended June 30, 2015 and 2014.

For warranty returns the Company utilizes actual historical return rates to determine the allowance for returns in each period. For saleable product returns the Company also utilizes actual historical return rates, adjusted for large, non-recurring occurrences. The Company does not accrue for pricing and shipping corrections as they are unpredictable and generally de minimis. Gross sales are reduced by estimated returns. We record a corresponding accrual for the estimated liability associated with the estimated returns which is based on the historical gross sales of the products corresponding to the estimated returns. This accrual is offset each period by actual product returns.

Reserve for Product Returns, Allowances and Adjustments

Reserve Balance 12/31/14	$	75,000
Payments Recorded During the Period		(132,390	)
		(57,390	)
Accrual for New Liabilities During the Reporting Period		132,390
Reserve Balance 3/31/15		75,000
Payments Recorded During the Period		(131,600	)
		(56,600	)
Accrual for New Liabilities During the Reporting Period		131,600
Reserve Balance 6/30/15	$	75,000

Advertising and Marketing

Advertising and marketing costs are expensed as incurred. Advertising expenses for the three and six months ended June 30, 2015 and 2014 were $83,140 and $50,451 and $169,713 and $126,219, respectively.

Shipping and Handling Costs

Freight billed to customers is recorded as sales revenue and the related freight costs as cost of sales.

Customer Concentrations

Three customers accounted for approximately $2,389,000 or 46.2% of net sales for the quarter ended June 30, 2015. Two customers accounted for approximately $2,916,000 or 60.5% of net sales for the three months ended June 30, 2014. Three customers accounted for approximately $4,857,000 or 49.8% of net sales for the six months ended June 30, 2015. Three customers accounted for approximately $5,530,000 or 55.9% of net sales for the six months ended June 30, 2014. No other customers accounted for more than 10% of net sales during the periods.

Table of Contents

Supplier Concentrations

Three suppliers, who are located overseas, accounted for approximately 75% of total purchases for the three months ended June 30, 2015. Two suppliers, who are located overseas, accounted for approximately 78% of total purchases for the three months ended June, 2014. Two suppliers, who are located overseas, accounted for approximately 56% of total purchases for the six months ended June 30, 2015. Three suppliers, who are located overseas, accounted for approximately 85% of total purchases for the six months ended June 30, 2014. All transactions are conducted in United States Dollars and therefore there are no transaction gains or losses incurred on transactions with foreign suppliers.

Stock Based Compensation

The Company follows the provisions of FASB ASC 718, “Share-Based Payment.” This statement establishes standards for the accounting for transactions in which an entity exchanges its equity instruments for goods or services, as well as transactions in which an entity incurs liabilities in exchange for goods or services that are based on the fair value of the entity’s equity instruments or that may be settled by the issuance of those equity instruments. ASC 718 requires that the cost resulting from all share-based payment transactions be recognized in the financial statements based on the fair value of the share-based payment. ASC 718 establishes fair value as the measurement objective in accounting for share-based payment transactions with employees, such as the options issued under our stock incentive plans.

Earnings (Loss) Per Share

The Company utilizes FASB ASC 260, “Earnings per Share.” Basic earnings (loss) per share is computed by dividing earnings (loss) available to common shareholders by the weighted-average number of common shares outstanding. Diluted earnings (loss) per share is computed similar to basic earnings (loss) per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. Common equivalent shares are excluded from the computation if their effect is anti-dilutive.

As a result of the net loss for the six months ended June 30, 2015 and 2014, the Company calculated diluted earnings per share using weighted average basic shares outstanding only, as using diluted shares would be anti-dilutive to loss per share.

The following table sets forth the calculation of the numerators and denominators of the basic and diluted per share computations for the three and six months ended June 30, 2015 and 2014 if diluted shares were to be included:

	Three Months Ended			Three Months Ended			Six Months Ended			Six Months Ended
	June 30, 2015			June 30, 2014			June 30, 2015			June 30, 2014
Numerator: Net Loss	$	(169,914	)	$	(281,705	)	$	(268,817	)	$	(773,006	)
Denominator: Basic and Diluted EPS
Common shares outstanding, beginning of period		80,889,171			76,704,275			80,808,629			76,681,498
Weighted average common shares issued during the period		243,640			413,896			203,035			230,365
Denominator for basic earnings per common share		81,132,811			77,117,171			81,011,664			76,911,863

The following potential common shares have been excluded from the computation of diluted net income (loss) per share for the periods presented as the effect would have been anti-dilutive:

	Three Months				Six Months
	Ended June 30,				Ended June 30,
	2015		2014		2015		2014
Options outstanding under the Company’s stock option plans		12,782,237		11,098,279		12,782,237		11,098,279
Common Stock Warrants		43,146		43,146		43,146		43,146

Table of Contents

Income Taxes

The Company utilizes FASB ASC 740-10, “Accounting for Uncertainty in Income Taxes - An Interpretation of FASB Statement No. 109”. FASB ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an entity’s financial statements in accordance with FASB Statement No. 109, Accounting for Income Taxes, and prescribes a recognition threshold and measurement attributes for financial statement disclosure of tax position taken or expected to be taken on a tax return. Additionally, FASB ASC 740-10 provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. No adjustments were required upon adoption of FASB ASC 740-10.

Income taxes are provided for the tax effects of the transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related primarily to the difference between the basis of the allowance for doubtful accounts, accumulated depreciation and amortization, accrued payroll and net operating loss carryforwards for financial and income tax reporting. The deferred tax assets and liabilities represent the future tax return consequences of those differences, which will either be taxable or deductible when the assets and liabilities are recovered or settled.

Deferred tax assets and liabilities are reflected at income tax rates applicable to the period in which the deferred tax assets or liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. If it is more likely than not that some portion or all of a deferred tax asset will not be realized, a valuation allowance is recognized.

The components of the provision for income taxes for the six months ended June 30, 2015 and 2014 were zero. Based on its history of losses, the Company historically provided a 100% valuation allowance against its deferred tax assets, as it was not more likely than not that any future benefit from deductible temporary differences and net operating loss carryforwards would be realized. For the year ended December 31, 2014, the Company reassessed the need for a valuation allowance against its deferred tax assets and, based on the positive evidence of the last three year’s pre-tax income and forecasted future results, concluded that it is more likely than not that it would be able to realize some of its deferred tax assets. Accordingly, the Company reversed approximately 28% of its valuation allowance for its current deferred tax assets and recorded a deferred tax benefit of $760,000. These deferred tax benefits are recorded on the balance sheet as current deferred tax assets of $183,000 and long term deferred tax assets of $1,649,000 as of June 30, 2015 and December 31, 2014.

We will continue to evaluate if it is more likely than not that we will realize the benefits from future deferred taxes.

Fair Value of Financial Instruments

The fair value of the Company’s financial instruments is determined by using available market information and appropriate valuation methodologies. The Company’s principal financial instruments are cash, accounts receivable, accounts payable and short term line of credit debt. At June 30, 2015 and December 31, 2014, cash, accounts receivable, accounts payable and short term line of credit debt, due to their short maturities, and liquidity, are carried at amounts which reasonably approximate fair value.

The Company measures the fair value of its financial instruments using the procedures set forth below for all assets and liabilities measured at fair value that were previously carried at fair value pursuant to other accounting guidelines.

Under FASB ASC 820, “Fair Value Measurements” fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.

FASB ASC 820 establishes a three-level hierarchy for disclosure to show the extent and level of judgment used to estimate fair value measurements.

Level 1 — Uses unadjusted quoted prices that are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis.

Table of Contents

Level 2 — Uses inputs, other than Level 1, that are either directly or indirectly observable as of the reporting date through correlation with market data, including quoted prices for similar assets and liabilities in active markets and quoted prices in markets that are not active. Level 2 also includes assets and liabilities that are valued using models or other pricing methodologies that do not require significant judgment since the input assumptions used in the models, such as interest rates and volatility factors, are corroborated by readily observable data. Instruments in this category include non-exchange-traded derivatives, including interest rate swaps.

Level 3 — Uses inputs that are unobservable and are supported by little or no market activity and reflect the use of significant management judgment. These values are generally determined using pricing models for which the assumptions utilize management’s estimates of market participant assumptions.

There were no items measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014.

Recent Accounting Pronouncements

In February 2015, the FASB issued ASU Update 2015-02, “Consolidation” (“ASU 2015-02”). This Update was issued to address concerns about the current accounting for consolidation by changing the analysis that a reporting entity must perform to determine whether it should consolidate certain types of legal entities. All legal entities are subject to reevaluation under the revised consolidation model. The amendments in this Update: 1) Modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities (VIEs) or voting interest entities; 2) Eliminate the presumption that a general partner should consolidate a limited partnership; 3) Affect the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships; and 4) Provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds. The amendments in ASU 2015-02 are effective for the Company beginning in 2016. Early adoption is permitted and both retrospective and modified retrospective application is permitted. We currently intend to adopt ASU 2015-02 on January 1, 2016. We don’t anticipate that our adoption of ASU 2015-02 will have a material impact on the Company’s financial statements or related disclosures as we are not currently involved with the types of legal entities to which the amendments apply.

In January 2015, the FASB issued ASU Update 2015-01, “Income Statement – Extraordinary and Unusual Items” (“ASU 2015-01”). This Update eliminates from U.S. GAAP the concept of extraordinary items. However, the presentation and disclosure guidance for items that are unusual in nature or occur infrequently have been retained and expanded to include items that are both unusual in nature and infrequently occurring. The amendments in ASU 2015-01 are effective for the Company beginning in 2016. Early adoption is permitted and both prospective and retrospective application is permitted. We currently intend to adopt ASU 2015-01 on January 1, 2016 and apply its provisions on a prospective basis. We don’t anticipate that application of ASU 2015-01 will have a material impact on the Company’s financial statements or related disclosures.

In July 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory," which requires that inventory within the scope of the guidance be measured at the lower of cost and net realizable value rather than the lower of cost or market. The standard will be effective for public business entities for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. The new guidance shall be applied prospectively and early adoption is permitted. The Company will adopt this guidance in the first quarter of 2017. The impact is not expected to be material.

In April 2015, the FASB issued ASU 2015-03, “Interest-Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs,” which is designed to simplify presentation of debt issuance costs. The standard requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The standard will be effective for U.S. public companies for annual reporting periods beginning after December 15, 2015. Early adoption is permitted. The new guidance shall be applied on a retrospective basis for all periods presented. The Company will adopt this guidance in the first quarter of 2016. The impact is not expected to be material.

Table of Contents

3. Inventory

At June 30, 2015 and December 31, 2014 the Company had one class of inventory - finished goods. Inventory is shown net of a provision for obsolescence of $547,800 for both June 30, 2015 and December 31, 2014.

		June 30, 2015				December 31, 2014
Finished goods, net		$	8,878,889			$	7,123,654

4. Property and Equipment

Property and equipment consisted of the following:

	June 30, 2015			December 31, 2014
Computer equipment and software	$	573,693		$	507,640
Office furniture and equipment		264,030			255,085
Leasehold improvements		172,048			169,904

		1,009,771			932,629
Less: Accumulated depreciation		(704,013	)		(641,953	)
Property and equipment, net	$	305,758		$	290,676

Depreciation expense for the three months ended June 30, 2015 and 2014 was $29,448 and $26,276, respectively. Depreciation expense for the six months ended June 30, 2015 and 2014 was $62,060 and $53,777, respectively.

5. Trademarks and Patents

Trademarks and patents consisted of the following:

	June 30,			December 31,
	2015			2014
Trademarks	$	167,753		$	168,789
Patents		26,236			24,835
Less: Accumulated amortization		(63,328	)		(58,560	)
Trademarks and Patents, net	$	130,661		$	135,064

Trademarks and patents consist of definite-lived trademarks and patents of $126,890 and $126,525 and indefinite-lived trademarks and patents of $67,099 and $67,099 at June 30, 2015 and December 31, 2014, respectively. All trademark and patent costs have been generated by the Company, and consist of legal and filing fees.

Amortization expense for the three months ended June 30, 2015 and 2014 was $2,382 and $2,399, respectively. Amortization expense for the six months ended June 30, 2015 and 2014 was $4,768 and $4,718, respectively.

Table of Contents

6. Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consisted of the following at June 30, 2015 and December 31, 2014:

	June 30, 2015		December 31, 2014
Accounts payable	$	1,878,073	$	1,770,620
Accrued rebates and co-op		126,545		202,805
Customer deposits		167,332		167,410
Accrued returns reserve		75,000		75,000
Accrued expenses – other		374,656		373,788

Total accounts payable and accrued expenses	$	2,621,606	$	2,589,623

7. Bank Lines of Credit

Bank Revolving Loan

On November 30, 2012 we entered into a Business Loan Agreement with Union Bank, N.A. which provided a revolving loan of up to $6,000,000. The first $3,500,000 of advances under this facility were under an open line-of-credit. Advances in excess of $3,500,000, up to the line limit of $6,000,000, were subject to a Borrowing Base report. The term Borrowing Base means an amount equal to (a) 80% of the net amount of all eligible accounts receivable plus, (b) the lesser of (i) 50% of the value of eligible landed inventory and (ii) $2,750,000, plus (c) 35% of eligible in-transit inventory. In addition, during the months of April to October each calendar year, the outstanding principal amount of all advances against eligible inventory were not to not exceed 150% of the aggregate outstanding principal amount of advances against eligible accounts receivable. All of our assets secure amounts borrowed under the terms of this agreement. Interest on borrowed funds were to accrue at Prime minus 0.25% unless we chose to “fix” a portion of the indebtedness (minimum $150,000) at LIBOR plus 2% for fixed periods of time ranging from 30 days to 360 days. This loan expired on November 30, 2014 and was paid off with the proceeds from the Capital One, N.A. line described below.

On November 28, 2014 we entered into a Revolving Loan and Security Agreement with Capital One, N.A. which currently provides a revolving loan of up to $8,000,000. On June 16, 2015, pursuant to the terms of the agreement, we increased the line limit from $6,000,000 to $8,000,000. All advances, up to the line limit of $8,000,000, are subject to a Borrowing Base report. The term Borrowing Base means an amount equal to (a) 80% of the net amount of all eligible accounts receivable plus, (b) 50% of the value of eligible landed inventory, plus (c) 35% of eligible in-transit inventory. In addition, the outstanding principal amount of all advances against eligible inventory shall not exceed 50% of the total line limit. All of our assets secure amounts borrowed under the terms of this agreement. Interest on borrowed funds accrued at LIBOR plus 2.80% until such time as the Company’s trailing twelve month EBITDAS (Earnings Before Interest, Taxes, Depreciation, Amortization and Stock compensation expense) exceeded $1,000,000 at which time the rate decreased to LIBOR plus 2.50%. The interest rate at June 30, 2015 was 2.684%. This agreement contains a Minimum Debt Service Coverage Ratio covenant and a Tangible Net Worth covenant. At June 30, 2015, the Company is in compliance with all covenants. At June 30, 2015, we had unused credit available under our current facility of approximately $4,739,618.

As of June 30, 2015 and December 31, 2014, the total amounts due to Capital One, N.A. were $3,260,382 and $2,586,034, respectively.

8. Equity Transactions

Common Stock

On January 23, 2015 the Company issued 106,600 shares of common stock upon the exercise of stock options at a range in exercise price of $0.09 to $0.095.

Table of Contents

On June 4, 2015 the Company issued 733,333 shares of restricted common stock with a fair value of $0.28, vesting over a period of one year.

There were 81,648,562 shares of common stock of the Company outstanding at June 30, 2015.

Warrant Activity

A summary of warrant activity is as follows:

	Number of Shares		Weighted Average Exercise Price
Warrants outstanding at December 31, 2014		43,146		0.19
Warrants exercised		—
Warrants outstanding at June 30, 2015		43,146		0.19

Stock Based Compensation

Ironclad California reserved 3,020,187 shares of its common stock for issuance to employees, directors and consultants under the 2000 Stock Incentive Plan, which the Company assumed in the merger (the “2000 Plan”). Under the 2000 Plan, options may be granted at prices not less than the fair market value of the Company’s common stock at the grant date. Options generally have a ten-year term and shall be exercisable as determined by the Board of Directors.

Effective May 18, 2006, the Company reserved 4,250,000 shares of its common stock for issuance to employees, directors and consultants under its 2006 Stock Incentive Plan (the “2006 Plan”). In June, 2009, the shareholders of the Company approved an increase in the number of shares of common stock reserved under the 2006 Plan to 11,000,000 shares. In April, 2011, the shareholders of the Company approved a further increase in the number of shares of common stock reserved under the 2006 Plan to 13,000,000 shares. In May, 2013, the shareholders of the Company approved a further increase in the number of shares of common stock reserved under the 2006 Plan to 16,000,000 shares. In April, 2014, the shareholders of the Company approved a further increase in the number of shares of common stock reserved under the 2006 Plan to 21,000,000 shares. Under the 2006 Plan, options may be granted at prices not less than the fair market value of the Company’s common stock at the grant date. Options generally have a ten-year term and shall be exercisable as determined by the Board of Directors.

The fair value of each stock option granted under either the 2000 Plan or 2006 Plan is estimated on the date of the grant using the Black-Scholes Model. The Black-Scholes Model has assumptions for risk free interest rates, dividends, stock volatility and expected life of an option grant. The risk free interest rate is based on the U.S. Treasury Bill rate with a maturity based on the expected life of the options and on the closest day to an individual stock option grant. Dividend rates are based on the Company’s dividend history. The stock volatility factor is based on historical market prices of the Company’s common stock. The expected life of an option grant is based on management’s estimate. The fair value of each option grant is recognized as compensation expense over the vesting period of the option on a straight line basis.

For stock options issued during the three months and six months ended June 30, 2015 and 2014, the fair value of these options was estimated at the date of the grant using a Black-Scholes option pricing model with the following range of assumptions:

	Three Months Ended			Three Months Ended			Six Months Ended			Six Months Ended
	June 30, 2015			June 30, 2014			June 30, 2015			June 30, 2014
Risk free interest rate		1.54	%		2.50% to 2.66%			1.54	%		0.05% to 2.66%
Dividends		—			—			—			—
Volatility factor		133.9	%		82.2	%		133.9	%		80.9% to 84.5%
Expected life		6.25 years			6.25 years			6.25 years			5.5 to 6.25 years

Table of Contents

A summary of stock option and restricted stock activity is as follows:

	Number of Shares			Weighted Average Exercise Price
Outstanding at December 31, 2014		13,408,324		$	0.148
Granted		—
Exercised		(106,600	)	$	0.094
Cancelled/Expired		(519,487	)	$	0.15
Outstanding at March 31, 2015		12,782,237		$	0.148
Granted		733,333		$	0.280
Exercised		(733,333	)	$	0.230
Cancelled/Expired		—		$	0.150
Outstanding at June 30, 2015		12,782,237		$	0.148
Exercisable at June 30, 2015		8,481,203		$	0.146

The following table summarizes information about stock options outstanding at June 30, 2015:

Range of Exercise Price				Number Outstanding				Weighted Average Remaining Contractual Life (Years)				Weighted Average Exercise Price				Intrinsic Value Outstanding Shares
	$0.09 - $0.27				12,782,237				6.43			$	0.148			$	1,813,031

The following table summarizes information about stock options exercisable at June 30, 2015:

Range of Exercise Price				Number Exercisable				Weighted Average Remaining Contractual Life (Years)				Weighted Average Exercise Price				Intrinsic Value Exercisable Shares
	$0.09 - $0.26				8,481,203				5.18			$	0.146			$	1,220,680

The following table summarizes information about non-vested stock options and restricted stock at June 30, 2015:

	Number of Shares			Weighted Average Grant Date Fair Value

Non-Vested at December 31, 2014		5,858,535		$	0.146
Granted		—		$
Vested		(1,127,189	)	$	0.14
Forfeited		(300,000	)	$	0.16
Non-Vested at March 31, 2015		4,431,346		$	0.147
Granted		733,333		$	0.280
Vested		(863,645	)	$	0.14
Forfeited		—		$
Non-Vested at June 30, 2015		4,301,034		$	0.152

In accordance with ASC 718, the Company recorded $85,355 and $93,107 of compensation expense for employee stock options during the three months ended June 30, 2015 and 2014. The Company recorded $174,895 and $157,116 of compensation expense for employee stock options during the six months ended June 30, 2015 and 2014. There was a total of $648,865 of unrecognized compensation costs related to non-vested share-based compensation arrangements under the Plan outstanding at June 30, 2015. This cost is expected to be recognized over a weighted average period of 2.38 years. The total fair value of shares vested during the six months ended June 30, 2015 was $298,026.

Table of Contents

9. Income Taxes

The Company is currently open to audit under the statute of limitations by the Internal Revenue Service for the fiscal years 2010 through 2013. The Company’s state tax returns are open to audit under the statute of limitations for the fiscal years 2009 through 2013. The Company’s 2014 tax returns are currently on extension.

The provision for income taxes differs from the amount that would result from applying the federal statutory rate for the periods ended June 30, 2015 and 2014 as follows:

	June 30, 2015			June 30, 2014
Statutory regular federal income benefit rate		34.0	%		34.0	%
State income taxes, net of federal benefit		2.7	%		5.3	%
Change in valuation allowance		(36.7	%)		(39.3	%)
Total		—	%		—	%

In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of sufficient future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversals of deferred tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. Based upon the level of historical taxable income and projections for future taxable income over the periods which the deferred tax assets are deductible, management believes it is more likely than not that the Company will realize some portion or all of the benefits of these deductible differences. The Company’s glove business generally shows an increase in sales during the third and fourth quarters due primarily to an increase in the sale of the winter glove line during this period. The Company typically generates 55% - 65% of the glove net sales during these months. The change in valuation allowance is affected by the seasonality of the business.

As of June 30, 2015, the Company had unused federal and states net operating loss carryforwards available to offset future taxable income of approximately $4,000,000 and $5,000,000, respectively, that expire between 2015 and 2026.

10. Commitments and Contingencies

The Company entered into a five-year lease with one option to renew for an additional five years for a corporate office and warehouse lease commencing in July 2006. The Company exercised its five year option to renew this lease commencing in July 2011. The facility is located in El Segundo, California. As part of this renewal process we reduced our square footage by approximately 1,700 square feet of unneeded warehouse space in exchange for six months of rent concessions and approximately $40,000 for tenant improvements. Rent expense for this facility for the three months and six months ended June 30, 2015 was $2,032 and $4,063, respectively. The Company has sublet this facility for the remainder of its lease term as the Company relocated to Texas.

On June 11, 2014, the Company entered into a 42 month lease for a new corporate office facility in Farmers Branch, Texas, commencing in the third quarter of 2014. The Company relocated its corporate headquarters to Texas in the third quarter of 2014. This new facility is approximately 13,026 square feet and the Company has negotiated six months of rent abatement. The monthly base rent is $7,653 plus $3,449 for common area operating expenses. A security deposit of one month’s rent has been made in the amount of $11,102. As part of this process, we were granted $60,000 for tenant improvements. Rent expense attributable to this facility for the three months and six months ended June 30, 2015 was $26,193 and $50,456, respectively.

Table of Contents

The Company has various non-cancelable operating leases for office equipment expiring through August, 2018. Equipment lease expense charged to operations under these leases was $3,593 and $3,072 for the three months ended June 30, 2015 and 2014, respectively. Equipment lease expense charged to operations under these leases was $7,842 and $5,602 for the six months ended June 30, 2015 and 2014, respectively.

Future minimum rental commitments under these non-cancelable operating leases for years ending December 31 are as follows:

Year		Facilities		Equipment		Total
	2015	$	131,481	$	5,390	$	136,871
	2016		181,609		10,139		191,748
	2017		97,051		9,240		106,291
	2018		16,175		5,775		21,950

		$	426,316	$	30,544	$	456,860

Ironclad California executed a Consulting Agreement with Eduard Albert Jaeger, its founder and former CEO, effective in February 18, 2014. Pursuant to the terms of this two year Consulting Agreement, Mr. Jaeger would be paid an initial base fee of $225,000 for the first year of the agreement and a base fee of $150,000 for the second year of the agreement. In addition, the Company would reimburse Mr. Jaeger for 100% of the premiums for COBRA coverage for himself and his family for the first 12 months of the agreement. The Company would also reimburse Mr. Jaeger for any travel and lodging expense incurred while rendering services to the Company. The total expense recognized in the three months ended June 30, 2015 and 2014 for Mr. Jaeger’s fees and COBRA was $70,064 and $95,924, respectively. The total expense recognized in the six months ended June 30, 2015 and 2014 for Mr. Jaeger’s fees and COBRA was $124,134 and $148,553, respectively.

Table of Contents

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

This discussion summarizes the significant factors affecting our operating results, financial condition and liquidity and cash flows for the three and six months ended June 30, 2015 and 2014. The following discussion of our results of operations and financial condition should be read together with the condensed consolidated financial statements and the notes to those statements included elsewhere in this report. Except for historical information, the matters discussed in this Management’s Discussion and Analysis of Financial Condition and Results of Operations are forward looking statements that involve risks and uncertainties and are based upon judgments concerning various factors that are beyond our control. Our actual results could differ materially from the results anticipated in any forward-looking statements as a result of a variety of factors, including those discussed in “Risk Factors.”

Overview

We are a leading designer and manufacturer of branded performance work wear. Founded in 1998, we have grown and leveraged our proprietary technologies to produce task-specific gloves and performance apparel that are designed to significantly improve the wearer’s ability to safely, efficiently and comfortably perform general to highly specific job functions. We have built and continue to augment our reputation among professionals in the construction and industrial service markets, and do-it-yourself and sporting goods consumers with products specifically designed for individual tasks or task types. We believe that our dedication to quality and durability and focus on our client needs has created a high level of brand loyalty and has solidified substantial brand equity.

We plan to increase our domestic revenues by leveraging our relationships with existing retailers and industrial distributors, including “Big Box,” automotive and sporting goods retailers, increasing our product offerings in new and existing locations, and introducing new products, developed and targeted for specific customers and/or industries.

We believe that our products have international appeal. In 2005, we began selling products in Australia and Japan through independent distributors, which accounted for approximately 10% of total sales for the quarter presented. From 2006 through 2012 we entered the Canadian and European markets through distributors. International sales represented approximately 21% of total sales in fiscal year 2014. We plan to continue to increase sales internationally by expanding our distribution into Europe and other international markets during the fiscal year ending December 31, 2015.

General

Net sales are comprised of gross sales less returns and discounts. Our operating results are seasonal, with a greater percentage of net sales being earned in the third and fourth quarters of our fiscal year due to the fall and winter selling seasons.

Our cost of goods sold includes the FOB cost of the product plus landed costs and a reserve for slow-moving inventory. Landed costs include freight-in, insurance, duties and administrative costs to deliver the finished goods to our distribution warehouse. Cost of goods sold does not include purchasing, warehousing or distribution costs. These costs are captured as incurred on a separate line in operating expenses. Our gross margins may not be comparable to other entities that may include some or all of these costs in the calculation of gross margin.

Our operating expenses consist primarily of payroll and related costs, marketing costs, corporate infrastructure costs and our purchasing, warehousing and distribution costs. We expect that our operating expenses will decrease as a percentage of net sales if we are able to increase our net sales through expansion and growth. We expect this reduction in operating expenses to be offset by investment in sales and marketing to achieve brand growth, the development of new product lines, and the increased costs of operating as a public company.

Table of Contents

Historically, we have funded our working capital needs through a combination of our existing asset-based credit facility along with subordinated debt and equity financing transactions. On November 30, 2012 we entered into a Business Loan Agreement with Union Bank, N.A. which provides a revolving loan of up to $6,000,000. The first $3,500,000 of advances under this facility are under an open line-of-credit. Advances in excess of $3,500,000, up to the line limit of $6,000,000, are subject to a Borrowing Base report. The term Borrowing Base means an amount equal to (a) 80% of the net amount of all eligible accounts receivable plus, (b) the lesser of (i) 50% of the value of eligible landed inventory and (ii) $2,750,000, plus (c) 35% of eligible in-transit inventory. In addition, during the months of April to October each calendar year, the outstanding principal amount of all advances against eligible inventory shall not exceed 150% of the aggregate outstanding principal amount of advances against eligible accounts receivable. All of our assets secure amounts borrowed under the terms of this agreement. Interest on borrowed funds accrue at Prime minus 0.25% unless we choose to “fix” a portion of the indebtedness (minimum $150,000) at LIBOR plus 2% for fixed periods of time ranging from 30 days to 360 days. This loan expired on November 30, 2014 and was paid off with the proceeds from the Capital One, N.A. line described below.

Critical Accounting Policies, Judgments and Estimates

Our Management’s Discussion and Analysis of Financial Condition and Results of Operations section discusses our financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States. To prepare these financial statements, we must make estimates and assumptions that affect the reported amounts of assets and liabilities. These estimates also affect our reported revenues and expenses. On an ongoing basis, management evaluates its estimates and judgment, including those related to revenue recognition, accrued expenses, financing operations and contingencies and litigation. Management bases its estimates and judgment on historical experience and on various other factors that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. The following represents a summary of our critical accounting policies, defined as those policies that we believe are the most important to the portrayal of our financial condition and results of operations and that require management’s most difficult, subjective or complex judgments, often as a result of the need to make estimates about the effects of matters that are inherently uncertain.

Revenue Recognition

Under our sales model, a customer is obligated to pay us for products sold to it within a specified number of days from the date that title to the products is transferred to the customer. Our standard terms are typically net 30 days from the transfer of title to the products to a customer, however we have negotiated special terms with certain customers and industries. We typically collect payment from a customer within 30 to 60 days from the transfer of title to the products to a customer. Transfer of title occurs and risk of ownership passes to a customer at the time of shipment or delivery, depending on the terms of our agreement with a particular customer. The sale price of our products is substantially fixed or determinable at the date of sale based on purchase orders generated by a customer and accepted by us. A customer’s obligation to pay us for products sold to it is not contingent upon the resale of those products. We recognize revenue at the time title is transferred to a customer.

Table of Contents

Revenue Disclosures

Our revenues are derived from the sale of our core line of task specific work gloves plus our line of work wear apparel products, available to all of our customers, both domestically and internationally. Below is a table outlining this breakdown for the comparative periods:

	Three Months Ended June 30, 2015						Three Months Ended June 30, 2014
Net Sales	Gloves		Apparel		Total		Gloves		Apparel		Total
Domestic	$	4,711,891	$	22,576	$	4,734,467	$	3,526,468	$	12,919	$	3,539,387
International		437,500		—		437,500		1,279,126		739		1,279,865
Total	$	5,149,391	$	22,576	$	5,171,967	$	4,805,594	$	13,658	$	4,819,252

	Six Months Ended June 30, 2015							Six Months Ended June 30, 2014
Net Sales		Gloves		Apparel		Total		Gloves		Apparel		Total
Domestic		$	8,162,102	$	30,423	$	8,192,525	$	7,461,389	$	81,252	$	7,542,641
International			1,547,124		—		1,547,124		2,352,207		739		2,352,946
Total		$	9,709,226	$	30,423	$	9,739,649	$	9,813,596	$	81,991	$	9,895,587

Inventory Obsolescence Allowance

We review the inventory level of all products quarterly. For most products that have been in the market for one year or greater, we consider inventory levels of greater than one year’s sales to be excess. Products that are no longer part of the current product offering are considered obsolete. The potential for re-sale of slow-moving and obsolete inventories is based upon our assumptions about future demand and market conditions. The recorded cost of obsolete inventories is then reduced to zero and a reserve is established for slow moving products. Both the write down and reserve adjustments are recorded as charges to cost of goods sold. As of June 30, 2015 and December 31, 2014, our inventory reserve was $547,800 for both period ended. All adjustments for obsolete inventory establish a new cost basis for that inventory as we believe such reductions are permanent declines in the market price of our products. Generally, obsolete inventory is sold to companies that specialize in the liquidation of these items or contributed to charities, while we continue to market slow-moving inventories until they are sold or become obsolete. As obsolete or slow-moving inventory is sold or disposed of, we reduce the reserve.

Allowance for Doubtful Accounts

We maintain allowances for doubtful accounts for estimated losses resulting from the inability of our customers to make required payments. Our current customers consist primarily of large national, regional and smaller independent customers with good payment histories with us. We perform periodic credit evaluations of our customers and maintain allowances for potential credit losses based on management’s evaluation of historical experience and current industry trends. If the financial condition of our customers were to deteriorate, resulting in the impairment of their ability to make payments, additional allowances may be required. New customers are evaluated for credit worthiness before terms are established. Although we expect to collect all amounts due, actual collections may differ. The allowance for doubtful accounts was $30,000 for both periods ended June 30, 2015 and December 31, 2014.

Product Returns, Allowances and Adjustments

Warranty Returns - We have a warranty policy that covers defects in workmanship. It allows customers to return damaged or defective products to us following a customary return merchandise authorization process.

Table of Contents

Saleable Product Returns - We may allow from time to time, depending on the customer and existing circumstances, stock adjustment returns, whereby the customer is given the opportunity to ‘trade out’ of a style of product that does not sell well in their territory, usually in exchange for another product, again following the customary return merchandise authorization process. In addition we may allow from time to time other saleable product returns from customers for other business reasons, for example, in settlement of an outstanding accounts receivable, from a discontinued distributor customer or other customer service purpose.

Sales Adjustments - These adjustments include pricing and shipping corrections and periodic adjustments to the product returns reserve.

For both warranty and saleable product returns we utilize actual historical return rates to determine our allowance for returns in each period, adjusted for unique, one-time events. Gross sales is reduced by estimated returns. We record a corresponding accrual for the estimated liability associated with the estimated returns which is based on the historical gross sales of the products corresponding to the estimated returns. This accrual is offset each period by actual product returns.

Our current estimated future warranty product return rate is approximately 1.5% of the trailing three months net sales and our current estimated future stock adjustment return rate is approximately 0.5% of the trailing three months net sales. As noted above, our return rate is based upon our past history of actual returns and we estimate amounts for product returns for a given period by applying this historical return rate and reducing actual gross sales for that period by a corresponding amount. We believe that using a trailing 12-month return rate provides us with a sufficient period of time to establish recent historical trends in product returns for two primary reasons: (i) our products’ useful life is approximately 3-4 months and (ii) we are able to quickly correct any significant quality issues as we learn about them. If an unusual circumstance exists, such as a product that has begun to show materially different actual return rates as compared to our average 12-month return rates, we will make appropriate adjustments to our estimated return rates. Factors that could cause materially different actual return rates as compared to the 12-month return rates include a new product line, a change in materials or product being supplied by a new factory. Although we have no specific statistical data on this matter, we believe that our practices are reasonable and consistent with those of our industry. Our warranty terms under our arrangements with our suppliers do not provide for individual products returned by retailers or retail customers to be returned to the vendor.

Reserve for Product Returns, Allowances and Adjustments

Reserve Balance 12/31/14	$	75,000
Payments Recorded During the Period		(132,390	)
		(57,390	)
Accrual for New Liabilities During the Reporting Period		132,390
Reserve Balance 3/31/15		75,000
Payments Recorded During the Period		(131,600	)
		(56,600	)
Accrual for New Liabilities During the Reporting Period		131,600
Reserve Balance 3/31/15	$	75,000

Stock Based Compensation

We follow the provisions of FASB ASC 718, “Share-Based Payment.” This statement establishes standards for the accounting for transactions in which an entity exchanges its equity instruments for goods or services, as well as transactions in which an entity incurs liabilities in exchange for goods or services that are based on the fair value of the entity’s equity instruments or that may be settled by the issuance of those equity instruments. ASC 718 requires that the cost resulting from all share-based payment transactions be recognized in the financial statements based on the fair value of the share-based payment. ASC 718 establishes fair value as the measurement objective in accounting for share-based payment transactions with employees, such as the options issued under our stock incentive plans.

Table of Contents

Income Taxes

Deferred income taxes are provided using the liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of the changes in tax laws and rates as of the date of enactment.

When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be effectively sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more-likely-than-not that the position will be sustained upon examination, including the resolution of appeals or litigation, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above would be reflected as a liability for unrecognized tax benefits in the accompanying balance sheet along with any associated interest and penalties that would be payable to the taxing authorities upon examination. We have reported losses for 2003, 2004, 2005, 2006, 2007, 2008 and 2009, and uncertainty exists as to whether benefits from deferred tax assets will be utilized. In the past we have fully reserved our deferred tax assets, however, we have now had several years in a row of sustained profits and believe it would now be appropriate to reduce this valuation allowance. For the year ended December 31, 2013 the Company reassessed the need for a valuation allowance against its deferred tax assets and, based on the positive evidence of the last three year’s pre-tax income and forecasted future results, concluded that it is more likely than not that it would be able to realize some of its deferred tax assets. Accordingly, the Company reversed approximately 7% of its valuation allowance for its current deferred tax assets and recorded a deferred tax benefit of $214,500. For the year ended December 31, 2014, the Company once again evaluated its need for a valuation allowance against its deferred tax assets and determined that an additional 28% reduction in the valuation allowance was appropriate and recorded an additional deferred tax benefit of $760,000. These deferred tax benefits are recorded on the balance sheet as current deferred tax assets of $183,000 and long term deferred tax assets of $1,649,000.

Interest and penalties associated with unrecognized tax benefits would be classified as additional income taxes in the statement of operations.

Results of Operations

Comparison of Three Months Ended June 30, 2015 and 2014

Net Sales increased $352,714 or 7.3%, to $5,171,966 in the quarter ended June 30, 2015 from $4,819,252 for the corresponding period in 2014. Three customers accounted for 46.2% of Net Sales during the quarter ended June 30, 2015 and two customers accounted for 60.5% of Net Sales during the quarter ended June 30, 2014. The Net Sales increase for the quarter is due to increased sales in our international, private label and retail segments, offset in part by a decrease in the industrial segment.

Gross Profit increased $118,947 to $1,776,604 for the quarter ended June 30, 2015 from $1,657,657 for the corresponding period in 2014. Gross Profit, as a percentage of net sales, or gross margin, represented 34.4% for both the second quarter of 2015 and the second quarter of 2014.

Operating Expenses was consistent at $1.9 million in the three month periods ending June 30, 2015 and June 30, 2014. As a percentage of net sales, Operating Expenses represented 37.2% for the three months ended June 30, 2015, compared to 40.2% of net sales for the same period in 2014.

Table of Contents

Loss from Operations decreased by $132,220, to a loss of $149,728 in the second quarter of 2015, from a loss of $281,948 in the second quarter of 2014. Loss from operations as a percentage of net sales decreased to 2.9% in the second quarter of 2015 from 5.9% in the second quarter of 2014. The decrease in loss from operations in the second quarter was primarily due to increased sales.

Interest Expense increased $20,193 to $20,193 in the second quarter of 2015 from $-0- in the same period of 2014. This increase is due to greater borrowings under our bank line of credit agreement which were utilized to fund the increased inventory levels.

Net Loss decreased $111,791 to a loss of $169,914 in the second quarter of 2015 from a loss of $281,705 in the second quarter of 2014.

Comparison of Six Months Ended June 30, 2015 and 2014

Net Sales decreased $155,938 or 1.6%, to $9,739,649 in the six months ended June 30, 2015 from $9,895,587 for the corresponding period in 2014. Three customers accounted for 49.9% of Net Sales during the six months ended June 30, 2015 and three customers accounted for 55.9% of Net Sales for the six months ended June 30, 2014. The Net Sales decrease for the six month period is due to decreased sales in the private label and retail segments, offset in part by increased sales in our industrial/safety and international segments. We continue to focus our sales efforts on those areas where we see growth opportunities, the industrial and safety markets and job specific and specialty glove styles.

Gross Profit increased $416,397 to $3,543,200 for the six months ended June 30, 2015 from $3,126,803 in the prior year period. Gross Profit, as a percentage of net sales, or gross margin, increased to 36.4% on a year-to-date basis from 31.6% for the same period of 2014. The increase in Gross Profit of 4.8% for the first half of the year was primarily due to an increase in higher margin sales, due to the mix of sales, plus the fact that we are paying more favorable prices for the production of our product.

Operating Expenses were $3.8 million for the six months ended June 30, 2015, compared to $3.9 million for the corresponding period in 2014. As a percentage of net sales, Operating Expenses represented 38.8% for the six months ended June 30, 2015, compared to 39.3% of net sales for the same period in 2014. The decrease in actual dollars and percentage of net sales for the six month period is primarily driven by decreased personnel costs in the first quarter and early in the second quarter. Our number of employees was 32 at June 30, 2015 and 28 at June 30, 2014.

Loss from Operations decreased by $532,455 to a loss of $233,888 for the six months ended June 30, 2015, from a loss of $766,343 in the corresponding period of 2014. The decrease in loss from operations in the six month period was primarily due to lower cost of goods sold and reduced operating expenses.

Interest Expense increased $28,029 to $34,942 in the first six months of 2015 from $6,913 in the same period of 2014. This increase is due to greater borrowings under our bank line of credit agreement which were utilized to fund the increased inventory levels.

Net Loss decreased $504,190 to a loss of $268,816 for the six months ended June 30, 2015 from a loss of $773,006 in the prior year period. This decreased loss was primarily the result of higher margin sales due to customer and product mix and reduced operating expenses.

Seasonality and Quarterly Results

Our glove business generally shows an increase in sales during the third and fourth quarters due primarily to an increase in the sale of our winter glove line during this period and fall promotions. We typically generate 55% - 65% of our glove net sales during these months. The first and second quarters of the year are generally considered our slower season. Even though the overall economy continues to exhibit moderate and uneven growth, which affects some of our channels, we have been experiencing some mixed growth in certain channels, international and private label, which helps offset declines in other areas.

Table of Contents

Our working capital, at any particular time, reflects the seasonality of our glove business and plans to expand product lines and enter new markets. We expect inventory and current liabilities to be higher in the third and fourth quarters for these reasons.

Liquidity and Capital Resources

Our cash requirements are principally for working capital. Our need for working capital is seasonal, with the greatest requirements from June through the end of October each year as a result of our inventory build-up during this period for the fall and winter selling seasons. Historically, our main sources of liquidity have been borrowings under our existing revolving credit facility, the issuance of subordinated debt and the sale of equity. In the short term we monitor our credit issuances and cash collections to maximize cash flows and investigate opportunities to reduce our current inventories to convert these assets into cash. Over the past several years, and continuing in the near and longer term we are focused on controlling our operating costs, managing margins and improving operating procedures to generate sustained profitability.

On November 30, 2012 we entered into a Business Loan Agreement with Union Bank, N.A. which provides a revolving loan of up to $6,000,000. The first $3,500,000 of advances under this facility are under an open line-of-credit. Advances in excess of $3,500,000, up to the line limit of $6,000,000, are subject to a Borrowing Base report. The term Borrowing Base means an amount equal to (a) 80% of the net amount of all eligible accounts receivable plus, (b) the lesser of (i) 50% of the value of eligible landed inventory and (ii) $2,750,000, plus (c) 35% of eligible in-transit inventory. In addition, during the months of April to October each calendar year, the outstanding principal amount of all advances against eligible inventory shall not exceed 150% of the aggregate outstanding principal amount of advances against eligible accounts receivable. All of our assets secure amounts borrowed under the terms of this agreement. Interest on borrowed funds will accrue at Prime minus 0.25% unless we choose to “fix” a portion of the indebtedness (minimum $150,000) at LIBOR plus 2% for fixed periods of time ranging from 30 days to 360 days. This loan expired on November 30, 2014 and was paid off with the proceeds from the Capital One, N.A. line described below.

On November 28, 2014 we entered into a Revolving Loan and Security Agreement with Capital One, N.A. which currently provides a revolving loan of up to $8,000,000. On June 16, 2015, pursuant to the terms of the agreement, we increased the line limit from $6,000,000 to $8,000,000. All advances, up to the line limit of $8,000,000, are subject to a Borrowing Base report. The term Borrowing Base means an amount equal to (a) 80% of the net amount of all eligible accounts receivable plus, (b) 50% of the value of eligible landed inventory, plus (c) 35% of eligible in-transit inventory. In addition, the outstanding principal amount of all advances against eligible inventory shall not exceed 50% of the total line limit. All of our assets secure amounts borrowed under the terms of this agreement. Interest on borrowed funds accrued at LIBOR plus 2.80% until such time as the Company’s trailing twelve month EBITDAS exceeded $1,000,000 at which time the rate decreased to LIBOR plus 2.50%. The interest rate at June 30, 2015 was 2.684%. This agreement contains a Minimum Debt Service Coverage Ratio covenant and a Tangible Net Worth covenant. At June 30, 2015, the Company is in compliance with all covenants. At June 30, 2015, we had unused credit available under our current facility of approximately $4,739,618.

The Company utilized cash flow from operations of $656,142 in the first six months of 2015. The cash flow from operations is primarily the result of decreases in accounts receivable and deposits on inventory, offset by increases in inventory and prepaid expenses.

The Company generated approximately $684,000, net, of cash flow in financing activities primarily from borrowings against the line of credit.

At June 30, 2015 we had available, but unused credit under this facility of approximately $4,739,618.

Off Balance Sheet Arrangements

At June 30, 2015, we did not have any relationships with unconsolidated entities or financial partnerships, such as entities often referred to as structured finance, variable interest or special purpose entities, which would have been established for the purpose of facilitating off-balance sheet arrangements or other contractually narrow or limited purposes. As such, we are not exposed to any financing, liquidity, market or credit risk that could arise if we had engaged in such relationships.

Table of Contents

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not applicable.

ITEM 4. CONTROLS AND PROCEDURES

Controls and Procedures

As of June 30, 2015, the end of the period covered by this report, we conducted an evaluation, under the supervision and with the participation of our Principal Executive Officer and Principal Financial Officer, of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e)) under the Securities Exchange Act of 1934 Act, as amended. Based on this evaluation, our Principal Executive Officer and Principal Financial Officer concluded that our disclosure controls and procedures are effective. In making this assessment, our management used the criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission under the 1992 Framework (COSO). The COSO Commission has recently adopted a revision of the Internal Control-Integrated Framework which became effective for us in December 2014. We expect to be in full compliance later this year.

Our disclosure controls and procedures, and internal controls over financial reporting, provide reasonable, but not absolute, assurance that all deficiencies in design and or operation of those control systems, or all instances of errors or fraud, will be prevented or detected. Those control systems are designed to provide reasonable assurance of achieving the goals of those systems in light of our resources and nature of our business operations. Our disclosure controls and procedures, and internal control over financial reporting, remain subject to risks of human error and the risk that controls can be circumvented for wrongful purposes by one or more individuals in management or non-management positions.

Internal Control Over Financial Reporting

During the last fiscal quarter, there have been no changes in our internal control over financial reporting that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Table of Contents

PART II: OTHER INFORMATION

ITEM 6. EXHIBITS

Exhibit Index

Exhibit Number			Exhibit Title

	31.1		Certification by Principal Executive Officer pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as amended.
	31.2		Certification by Principal Financial Officer pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as amended.
	32.1		Certification of Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
	32.2		Certification of Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
	101.	INS**	XBRL Instance.
	101.	SCH**	XBRL Taxonomy Extension Schema.
	101.	CAL**	XBRL Taxonomy Extension Calculation.
	101.	DEF**	XBRL Taxonomy Extension Definition.
	101.	LAB**	XBRL Taxonomy Extension Labels.
	101.	PRE**	XBRL Taxonomy Extension Presentation.

** Furnished herewith.

Table of Contents

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	IRONCLAD PERFORMANCE WEAR CORPORATION

Date: August 12, 2015	By:	/s/ William Aisenberg
		William Aisenberg, EVP, Chief Financial Officer

Table of Contents

EX-31.1 2 icpw10q081515ex31_1.htm CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO RULE 13A-14(A) OR 15D-14(A) UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.

Exhibit 31.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO

SECURITIES EXCHANGE ACT RULES 13a-14(a) AND 15d-14(a)

AS ADOPTED PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Jeffrey Cordes, certify that:

I have reviewed this report on Form 10-Q of Ironclad Performance Wear Corporation;

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 12, 2015

/s/ Jeffrey Cordes

Jeffrey Cordes,
Principal Executive Officer

EX-31.2 3 icpw10q081515ex31_2.htm CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER PURSUANT TO RULE 13A-14(A) OR 15D-14(A) UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.

Exhibit 31.2

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER PURSUANT TO

SECURITIES EXCHANGE ACT RULES 13a-14(a) AND 15d-14(a)

AS ADOPTED PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, William Aisenberg, certify that:

I have reviewed this report on Form 10-Q of Ironclad Performance Wear Corporation;

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 12, 2015

/s/ William Aisenberg

William Aisenberg
Principal Financial Officer

EX-32.1 4 icpw10q081515ex32_1.htm CERTIFICATION PURSUANT TO TO 18 U.S.C. SECTION 1350

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the report of Ironclad Performance Wear Corporation (the “Company”) on Form 10-Q for the period ended June 30, 2015, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Jeffrey Cordes, Principal Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

(1)

The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2)

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Jeffrey Cordes

Jeffrey Cordes

Principal Executive Officer

August 12, 2015

EX-32.2 5 icpw10q081515ex32_2.htm CERTIFICATION PURSUANT TO TO 18 U.S.C. SECTION 1350

Exhibit 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the report of Ironclad Performance Wear Corporation (the “Company”) on Form 10-Q for the period ended June 30, 2015, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, William Aisenberg, Principal Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

(1)

The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2)

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ William Aisenberg

William Aisenberg

Principal Financial Officer

August 12, 2015

EX-101.INS 6 icpw-20150630.xml XBRL INSTANCE FILE 0001301712 2015-01-01 2015-06-30 0001301712 2015-08-07 0001301712 2015-06-30 0001301712 2014-12-31 0001301712 2015-04-01 2015-06-30 0001301712 2014-04-01 2014-06-30 0001301712 2014-01-01 2014-06-30 0001301712 2013-12-31 0001301712 2014-06-30 0001301712 ICPW:USTrademarksMember 2015-01-01 2015-03-31 0001301712 ICPW:USTrademarksInUseMember 2015-01-01 2015-03-31 0001301712 ICPW:USTrademarksPendingMember 2015-01-01 2015-03-31 0001301712 ICPW:InternationalTrademarksMember 2015-01-01 2015-03-31 0001301712 ICPW:InternationalTrademarksPendingMember 2015-01-01 2015-03-31 0001301712 ICPW:CopyrightMarksMember 2015-01-01 2015-03-31 0001301712 us-gaap:DomesticCountryMember ICPW:GlovesMember 2015-04-01 2015-06-30 0001301712 us-gaap:DomesticCountryMember ICPW:GlovesMember 2014-04-01 2014-06-30 0001301712 us-gaap:DomesticCountryMember ICPW:GlovesMember 2015-01-01 2015-06-30 0001301712 us-gaap:DomesticCountryMember ICPW:GlovesMember 2014-01-01 2014-06-30 0001301712 us-gaap:DomesticCountryMember ICPW:ApparelMember 2015-04-01 2015-06-30 0001301712 us-gaap:DomesticCountryMember ICPW:ApparelMember 2014-04-01 2014-06-30 0001301712 us-gaap:DomesticCountryMember ICPW:ApparelMember 2015-01-01 2015-06-30 0001301712 us-gaap:DomesticCountryMember ICPW:ApparelMember 2014-01-01 2014-06-30 0001301712 us-gaap:ForeignCountryMember ICPW:GlovesMember 2015-04-01 2015-06-30 0001301712 us-gaap:ForeignCountryMember ICPW:GlovesMember 2014-04-01 2014-06-30 0001301712 us-gaap:ForeignCountryMember ICPW:GlovesMember 2015-01-01 2015-06-30 0001301712 us-gaap:ForeignCountryMember ICPW:GlovesMember 2014-01-01 2014-06-30 0001301712 us-gaap:ForeignCountryMember ICPW:ApparelMember 2015-04-01 2015-06-30 0001301712 us-gaap:ForeignCountryMember ICPW:ApparelMember 2014-04-01 2014-06-30 0001301712 us-gaap:ForeignCountryMember ICPW:ApparelMember 2015-01-01 2015-06-30 0001301712 us-gaap:ForeignCountryMember ICPW:ApparelMember 2014-01-01 2014-06-30 0001301712 us-gaap:DomesticCountryMember 2015-04-01 2015-06-30 0001301712 us-gaap:DomesticCountryMember 2014-04-01 2014-06-30 0001301712 us-gaap:DomesticCountryMember 2015-01-01 2015-06-30 0001301712 us-gaap:DomesticCountryMember 2014-01-01 2014-06-30 0001301712 us-gaap:ForeignCountryMember 2015-04-01 2015-06-30 0001301712 us-gaap:ForeignCountryMember 2014-04-01 2014-06-30 0001301712 us-gaap:ForeignCountryMember 2015-01-01 2015-06-30 0001301712 us-gaap:ForeignCountryMember 2014-01-01 2014-06-30 0001301712 ICPW:GlovesMember 2015-04-01 2015-06-30 0001301712 ICPW:GlovesMember 2014-04-01 2014-06-30 0001301712 ICPW:GlovesMember 2015-01-01 2015-06-30 0001301712 ICPW:GlovesMember 2014-01-01 2014-06-30 0001301712 ICPW:ApparelMember 2015-04-01 2015-06-30 0001301712 ICPW:ApparelMember 2014-04-01 2014-06-30 0001301712 ICPW:ApparelMember 2015-01-01 2015-06-30 0001301712 ICPW:ApparelMember 2014-01-01 2014-06-30 0001301712 2015-01-01 2015-03-31 0001301712 2015-03-31 0001301712 2014-03-31 0001301712 us-gaap:CustomerConcentrationRiskMember 2015-01-01 2015-03-31 0001301712 us-gaap:CustomerConcentrationRiskMember 2014-01-01 2014-03-31 0001301712 us-gaap:SupplierConcentrationRiskMember 2015-01-01 2015-03-31 0001301712 us-gaap:SupplierConcentrationRiskMember 2014-01-01 2014-03-31 0001301712 us-gaap:CustomerConcentrationRiskMember 2015-04-01 2015-06-30 0001301712 us-gaap:CustomerConcentrationRiskMember 2014-04-01 2014-06-30 0001301712 us-gaap:CustomerConcentrationRiskMember 2015-01-01 2015-06-30 0001301712 us-gaap:CustomerConcentrationRiskMember 2014-01-01 2014-06-30 0001301712 us-gaap:SupplierConcentrationRiskMember 2015-04-01 2015-06-30 0001301712 us-gaap:SupplierConcentrationRiskMember 2014-04-01 2014-06-30 0001301712 us-gaap:SupplierConcentrationRiskMember 2015-01-01 2015-06-30 0001301712 us-gaap:SupplierConcentrationRiskMember 2014-01-01 2014-06-30 0001301712 us-gaap:ComputerEquipmentMember 2015-06-30 0001301712 us-gaap:ComputerEquipmentMember 2014-12-31 0001301712 us-gaap:FurnitureAndFixturesMember 2015-06-30 0001301712 us-gaap:FurnitureAndFixturesMember 2014-12-31 0001301712 us-gaap:LeaseholdImprovementsMember 2015-06-30 0001301712 us-gaap:LeaseholdImprovementsMember 2014-12-31 0001301712 us-gaap:TrademarksMember 2015-06-30 0001301712 us-gaap:TrademarksMember 2014-12-31 0001301712 us-gaap:PatentsMember 2015-06-30 0001301712 us-gaap:PatentsMember 2014-12-31 0001301712 2012-01-01 2012-12-31 0001301712 2014-01-01 2014-12-31 0001301712 ICPW:OptionsOutstandingMember 2015-01-01 2015-06-30 0001301712 ICPW:OptionsOutstandingMember 2015-06-30 0001301712 ICPW:OptionsExercisableMember 2015-01-01 2015-06-30 0001301712 ICPW:OptionsExercisableMember 2015-06-30 0001301712 2015-01-23 0001301712 us-gaap:MinimumMember 2015-01-23 0001301712 us-gaap:MaximumMember 2015-01-23 0001301712 2006-05-18 0001301712 2009-06-01 0001301712 2011-04-01 0001301712 2013-05-01 0001301712 2014-03-30 0001301712 2015-06-04 0001301712 us-gaap:InternalRevenueServiceIRSMember 2015-06-30 0001301712 us-gaap:StateAndLocalJurisdictionMember 2015-06-30 0001301712 ICPW:FacilitiesMember 2015-06-30 0001301712 us-gaap:EquipmentMember 2015-06-30 0001301712 ICPW:FacilitiesMember 2015-04-01 2015-06-30 0001301712 ICPW:FacilitiesMember 2015-01-01 2015-06-30 0001301712 us-gaap:CorporateMember 2015-04-01 2015-06-30 0001301712 us-gaap:CorporateMember 2015-01-01 2015-06-30 0001301712 us-gaap:CorporateMember 2015-06-30 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure ICPW:Patents IRONCLAD PERFORMANCE WEAR CORP 0001301712 10-Q 2015-06-30 false --12-31 No No Yes Smaller Reporting Company Q2 2015 81648562

291606

340903

313750

762287

5326692

6283032

8878889

7123654

278973

661744

183000

15768291

15158355

573693

507640

264030

255085

172048

169904

704013

641953

305758

290676

130661

135064

23104

21306

1649000

1802765

1805370

17876814

17254401

2621606

2589623

3260382

2586034

5881988

5175657

5881988

5175657

81649

80808

20477544

20293486

-8564367

-8295550

11994826

12078744

17876814

17254401

809131

566022

30000

547800

63328

60945

0.001

172744750

81648562

80808629

81648562

80808629

76681498

80889171

76704275

9739649

5171966

4819252

9895587

6196449

3395362

3161595

6768784

3543200

1776604

1657657

3126803

1439823

761411

763033

1535090

1432304

733424

659265

1362484

313602

158132

132335

252983

524531

241534

356297

684094

66828

31831

28675

58495

3777088

1926332

1939605

3893146

-233888

-149728

-281948

-766343

34942

20193

6913

-268816

-169914

-281705

-773006

-0.00

-0.01

-0.00

-0.01

81011664

81132811

77117171

76911863

81011664

81132811

77117171

76911863

131

105

-268816

-169914

-281705

-773006

62060

53777

4768

4718

174895

157116

-956340

-3430599

1755235

857625

-382771 155950

244909

301073

31985

1179992

77142

39249

364

6300

77506

45316

10002

16021

7494911

905497

-6820563

-3074908

34942

6913

-656141

2647243

-233

684350

-2153390

-49297

448537

-73200

-18000

1. Description of Business   Ironclad Performance Wear Corporation (“Ironclad”, the “Company”, “we”, “us” or “our”) was incorporated in Nevada on May 26, 2004 and engages in the business of design and manufacture of branded performance work wear including task-specific gloves and performance apparel designed to significantly improve the wearer’s ability to safely, efficiently and comfortably perform general to highly specific job functions. Its customers are primarily industrial distributors, hardware, lumber and automotive retailers, “Big Box” home centers and sporting goods retailers. The Company has received six U.S. patents, one international patent and four U.S. patents pending for design and technological innovations incorporated in its performance work gloves. The Company has 57 registered U.S. trademarks, 9 in-use U.S. trademarks, 4 U.S. trademark pending registration, 21 registered international trademarks, 3 international trademarks pending and 7 copyright marks.

50 7 9 22 5 7

2. Accounting Policies   Basis of Presentation   The accompanying interim condensed consolidated financial statements are unaudited and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) including those for interim financial information and with the instructions for Form 10-Q and Article 8 of Regulation S-X issued by the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and note disclosures required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been reflected in these interim financial statements. These financial statements should be read in conjunction with the audited financial statements and notes for the year ended December 31, 2014 included in the Company’s Annual Report on Form 10-K filed with the SEC on March 16, 2015.   Basis of Consolidation   The condensed consolidated financial statements include the accounts of Ironclad Performance Corporation, an inactive parent company, and its wholly owned subsidiary Ironclad California. All significant inter-company transactions have been eliminated in consolidation.   Use of Estimates   The preparation of financial statements requires management to make a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities. Actual results could differ from those estimates. Significant estimates and assumptions made by management are used for, but not limited to, the allowance for doubtful accounts, inventory obsolescence, allowance for returns and the estimated useful lives of long-lived assets.   Cash and Cash Equivalents   The Company considers all highly liquid investments with original maturities of three months or less when purchased to be cash equivalents. The Company places its cash with high credit quality institutions. The Federal Deposit Insurance Company (FDIC) insures cash amounts at each institution for up to $250,000 and the Securities Investor Protection Corporation (SIPC) also insures cash amounts at each institution up to $250,000.  In addition, supplemental insurance is in place to cover balances in excess of these limits. The Company maintains cash in excess of the FDIC and SIPC limits.   Accounts Receivable   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">December 31, 2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left; padding-left: 5.4pt">Accounts receivable</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">5,356,692</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">6,313,032</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt">Less - allowance for doubtful accounts</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(30,000</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(30,000</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 5.4pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 5.4pt">     Net accounts receivable</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,326,692</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,283,032</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>   The allowance for doubtful accounts is based on management’s regular evaluation of individual customer’s receivables and consideration of a customer’s financial condition and credit history. Trade receivables are written off when deemed uncollectible. Recoveries of trade receivables previously written off are recorded when received. Interest is not charged on past due accounts.   Inventory   Inventory is stated at the lower of average cost (which approximates first in, first out) or market and consists primarily of finished goods. The Company regularly reviews its inventory quantities on hand and records a provision for excess and obsolete inventory based primarily on management’s estimated forecast of product demand and production requirements.     Property and Equipment   Property and equipment are recorded at cost less accumulated depreciation. Depreciation is recorded using the straight-line method over the estimated useful lives of the related assets, which range from three to seven years. Leasehold improvements are depreciated over fifteen years or the lease term, whichever is shorter. Maintenance and repairs are charged to expense as incurred.   Trademarks   The costs incurred to file and acquire trademarks, which are active and relate to products with a definite life cycle, are amortized over the estimated useful life of fifteen years. Trademarks, which are active and relate to corporate identification, such as logos, are not amortized. Pending trademarks are capitalized and reviewed monthly for active status.   Long-Lived Asset Impairment   The Company periodically evaluates whether events and circumstances have occurred that indicate the remaining estimated useful life of long-lived assets may warrant revision or that the remaining balance may not be recoverable. When factors indicate that the asset should be evaluated for possible impairment, the Company uses an estimate of the undiscounted net cash flows over the remaining life of the asset in measuring whether the asset is recoverable. Based upon the anticipated future income and cash flow from operations and other factors, relevant in the opinion of the Company’s management, there has been no impairment.   Operating Segment Reporting   The Company has two product lines, “gloves” and “apparel,” both of which have similar characteristics.  They each provide functional protection and comfort to workers in the form of work wear for various parts of the body; their production processes are similar; they are both sold to the same type of class of customers, typically on the same purchase order; and they are warehoused and distributed from the same warehouse facility.  In addition, the “apparel” segment currently comprises less than 2% of the Company’s revenues.  The Company believes that the aggregation criteria of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 280, paragraph 17 applies and will accordingly aggregate these two segments.   Revenue Recognition   A customer is obligated to pay for products sold to it within a specified number of days from the date that title to the products is transferred to the customer. The Company’s standard terms are typically net 30 days from the transfer of title to the products to the customer, however we have negotiated special terms with certain customers and industries. The Company typically collects payment from a customer within 30 to 60 days from the transfer of title to the products to a customer. Transfer of title occurs and risk of ownership generally passes to a customer at the time of shipment or delivery, depending on the terms of the agreement with a particular customer. The sale price of the Company’s products is substantially fixed or determinable at the date of sale based on purchase orders generated by a customer and accepted by the Company. A customer’s obligation to pay the Company for products sold to it is not contingent upon the resale of those products. The Company recognizes revenues when products are delivered, or shipped to customers, based on terms of agreement with the customers. All transactions are conducted in United States Dollars and therefore there are no transaction gains or losses incurred on transactions with foreign customers.   Revenue Disclosures   The Company’s revenues are derived from the sale of our core line of task specific work gloves plus our line of work wear apparel products, available to all of our customers, both domestically and internationally.  Below is a table outlining this breakdown for the comparative periods:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="11" style="text-align: center; border-bottom: Black 1pt solid">Three Months Ended June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="11" style="text-align: center; border-bottom: Black 1pt solid">Three Months Ended June 30, 2014</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td style="border-bottom: Black 1pt solid">Net Sales</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Gloves</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Apparel</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Total</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Gloves</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Apparel</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Total</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Domestic</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">4,711,891</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">22,576</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">4,734,467</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">3,526,468</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">12,919</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">3,539,387</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">International</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">437,500</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">  </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">437,500</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,279,126</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">739</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,279,865</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt; text-indent: 9pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,149,391</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">22,576</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,171,967</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,805,594</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">13,658</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,819,252</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>     <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="11" style="text-align: center; border-bottom: Black 1pt solid">Six Months Ended June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="11" style="text-align: center; border-bottom: Black 1pt solid">Six Months Ended June 30, 2014</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td style="border-bottom: Black 1pt solid">Net Sales</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Gloves</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Apparel</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Total</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Gloves</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Apparel</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Total</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Domestic</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">8,162,102</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">30,423</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">8,192,525</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">7,461,389</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">81,252</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">7,542,641</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">International</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,547,124</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">  </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,547,124</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,352,207</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">739</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,352,946</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">9,709,226</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">30,423</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">9,739,649</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">9,813,596</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">81,991</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">9,895,587</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>   Cost of Goods Sold   Cost of goods sold includes all of the costs associated with producing the product by independent, third party factories (FOB costs), plus the costs of transporting, inspecting and delivering the product to our distribution warehouse in California (landed costs). Landed costs consist primarily of ocean/air freight, transport insurance, import duties, administrative charges and local trucking charges from the port to our warehouse. Cost of goods sold for the three months ended June 30, 2015 and 2014 were $3,395,362 and $3,161,595, respectively. Cost of goods sold for the six months ended June 30, 2015 and 2014 were $6,196,449 and $6,768,784, respectively.   Purchasing, warehousing and distribution costs are reported in operating expenses on the line item entitled “Purchasing, warehousing and distribution” and for the three months ended June 30, 2015 and 2014 were $241,534 and $356,297, respectively and for the six months ended June 30, 2015 and 2014 were $524,531 and $684,094, respectively.   Product Returns, Allowances and Adjustments   Product returns, allowances and adjustments is a broad term that encompasses a number of offsets to gross sales. Included herein are warranty returns of defective products, returns of saleable products and accounting adjustments.   Warranty Returns - the Company has a warranty policy that covers defects in workmanship. It allows customers to return damaged or defective products to us following a customary return merchandise authorization process. Warranty returns for the three and six months ended June 30, 2015 and 2014 were approximately $2,800 or 0.1% and $16,300 or 0.4% and $9,400 or 0.1% and $25,900 or 0.5%, respectively.   Saleable Product Returns - the Company may allow from time to time, depending on the customer and existing circumstances, stock adjustment returns, whereby the customer is given the opportunity to ‘trade out’ of a style of product that does not sell well in their territory, usually in exchange for another product, again following the customary return merchandise authorization process. In addition the Company may allow from time to time other saleable product returns from customers for other business reasons, for example, in settlement of an outstanding accounts receivable, from a discontinued distributor customer or other customer service purpose. Saleable product returns for the three and six months ended June 30, 2015 and 2014 were approximately $129,000 or 2.4% and $22,700 or 0.5% and $255,000 or 2.5% and $133,600 or 2.8% of net sales, respectively.   Sales Adjustments - these adjustments include pricing and shipping corrections and periodic adjustments to the product returns reserve. Pricing and shipping corrections for the three and six months ended June 30, 2015 and 2014 were approximately $96,000 or1.8% and $6,200 or 0.1% and $112,000 or 1.1% and $8,200 or 0.2%, respectively. Adjustments to the product returns reserve were zero for the three and six months ended June 30, 2015 and 2014.   For warranty returns the Company utilizes actual historical return rates to determine the allowance for returns in each period. For saleable product returns the Company also utilizes actual historical return rates, adjusted for large, non-recurring occurrences. The Company does not accrue for pricing and shipping corrections as they are unpredictable and generally de minimis. Gross sales are reduced by estimated returns. We record a corresponding accrual for the estimated liability associated with the estimated returns which is based on the historical gross sales of the products corresponding to the estimated returns. This accrual is offset each period by actual product returns.   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td>Reserve for Product Returns, Allowances and Adjustments</td><td> </td> <td colspan="3"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255); font-weight: bold"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 70%; text-align: left">Reserve Balance 12/31/14</td><td style="width: 10%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">75,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Payments Recorded During the Period</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(132,390</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(57,390</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Accrual for New Liabilities During the Reporting Period</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">132,390</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Reserve Balance 3/31/15</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">75,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Payments Recorded During the Period</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(131,600</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(56,600</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Accrual for New Liabilities During the Reporting Period</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">131,600</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Reserve Balance 6/30/15</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">75,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>   Advertising and Marketing   Advertising and marketing costs are expensed as incurred. Advertising expenses for the three and six months ended June 30, 2015 and 2014 were $83,140 and $50,451 and $169,713 and $126,219, respectively.   Shipping and Handling Costs   Freight billed to customers is recorded as sales revenue and the related freight costs as cost of sales.   Customer Concentrations   Three customers accounted for approximately $2,389,000 or 46.2% of net sales for the quarter ended June 30, 2015. Two customers accounted for approximately $2,916,000 or 60.5% of net sales for the three months ended June 30, 2014. Three customers accounted for approximately $4,857,000 or 49.8% of net sales for the six months ended June 30, 2015. Three customers accounted for approximately $5,530,000 or 55.9% of net sales for the six months ended June 30, 2014. No other customers accounted for more than 10% of net sales during the periods.   Supplier Concentrations   Three suppliers, who are located overseas, accounted for approximately 75% of total purchases for the three months ended June 30, 2015.  Two suppliers, who are located overseas, accounted for approximately 78% of total purchases for the three months ended June, 2014.  Two suppliers, who are located overseas, accounted for approximately 56% of total purchases for the six months ended June 30, 2015.  Three suppliers, who are located overseas, accounted for approximately 85% of total purchases for the six months ended June 30, 2014. All transactions are conducted in United States Dollars and therefore there are no transaction gains or losses incurred on transactions with foreign suppliers.   Stock Based Compensation   The Company follows the provisions of FASB ASC 718, “Share-Based Payment.”  This statement establishes standards for the accounting for transactions in which an entity exchanges its equity instruments for goods or services, as well as transactions in which an entity incurs liabilities in exchange for goods or services that are based on the fair value of the entity’s equity instruments or that may be settled by the issuance of those equity instruments.  ASC 718 requires that the cost resulting from all share-based payment transactions be recognized in the financial statements based on the fair value of the share-based payment.  ASC 718 establishes fair value as the measurement objective in accounting for share-based payment transactions with employees, such as the options issued under our stock incentive plans.   Earnings (Loss) Per Share   The Company utilizes FASB ASC 260, “Earnings per Share.” Basic earnings (loss) per share is computed by dividing earnings (loss) available to common shareholders by the weighted-average number of common shares outstanding. Diluted earnings (loss) per share is computed similar to basic earnings (loss) per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. Common equivalent shares are excluded from the computation if their effect is anti-dilutive.   As a result of the net loss for the six months ended June 30, 2015 and 2014, the Company calculated diluted earnings per share using weighted average basic shares outstanding only, as using diluted shares would be anti-dilutive to loss per share.   The following table sets forth the calculation of the numerators and denominators of the basic and diluted per share computations for the three and six months ended June 30, 2015 and 2014 if diluted shares were to be included:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td> </td> <td colspan="3" style="text-align: center">Three Months Ended</td><td> </td> <td colspan="3" style="text-align: center">Three Months Ended</td><td> </td> <td colspan="3" style="text-align: center">Six Months Ended</td><td> </td> <td colspan="3" style="text-align: center">Six Months Ended</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2014</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 48%; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt">Numerator: Net Loss</td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 10%; border-bottom: Black 2.5pt double; text-align: right">(169,914</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 10%; border-bottom: Black 2.5pt double; text-align: right">(281,705</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 10%; border-bottom: Black 2.5pt double; text-align: right">(268,817</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 10%; border-bottom: Black 2.5pt double; text-align: right">(773,006</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0pt">Denominator: Basic and Diluted EPS</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt">Common shares outstanding, beginning of period</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">80,889,171</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">76,704,275</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">80,808,629</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">76,681,498</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; padding-left: 0pt">Weighted average common shares issued during the period</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">243,640</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">413,896</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">203,035</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">230,365</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt">Denominator for basic earnings per common share</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">81,132,811</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">77,117,171</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">81,011,664</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">76,911,863</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>   The following potential common shares have been excluded from the computation of diluted net income (loss) per share for the periods presented as the effect would have been anti-dilutive:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td> </td> <td colspan="7" style="text-align: center">Three Months</td><td> </td> <td colspan="7" style="text-align: center">Six Months</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td style="text-align: center"> </td><td> </td> <td colspan="7" style="text-align: center">Ended June 30,</td><td> </td> <td colspan="7" style="text-align: center">Ended June 30,</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2014</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: left">Options outstanding under the Companys stock option plans</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">12,782,237</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">11,098,279</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">12,782,237</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">11,098,279</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Common Stock Warrants</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">43,146</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">43,146</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">43,146</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">43,146</td><td style="text-align: left"> </td></tr> </table>   Income Taxes   The Company utilizes FASB ASC 740-10, “Accounting for Uncertainty in Income Taxes - An Interpretation of FASB Statement No. 109”. FASB ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an entity’s financial statements in accordance with FASB Statement No. 109, Accounting for Income Taxes, and prescribes a recognition threshold and measurement attributes for financial statement disclosure of tax position taken or expected to be taken on a tax return. Additionally, FASB ASC 740-10 provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. No adjustments were required upon adoption of FASB ASC 740-10.   Income taxes are provided for the tax effects of the transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related primarily to the difference between the basis of the allowance for doubtful accounts, accumulated depreciation and amortization, accrued payroll and net operating loss carryforwards for financial and income tax reporting. The deferred tax assets and liabilities represent the future tax return consequences of those differences, which will either be taxable or deductible when the assets and liabilities are recovered or settled.   Deferred tax assets and liabilities are reflected at income tax rates applicable to the period in which the deferred tax assets or liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. If it is more likely than not that some portion or all of a deferred tax asset will not be realized, a valuation allowance is recognized.   The components of the provision for income taxes for the six months ended June 30, 2015 and 2014 were zero.   Based on its history of losses, the Company historically provided a 100% valuation allowance against its deferred tax assets, as it was not more likely than not that any future benefit from deductible temporary differences and net operating loss carryforwards would be realized. For the year ended December 31, 2014, the Company reassessed the need for a valuation allowance against its deferred tax assets and, based on the positive evidence of the last three year’s pre-tax income and forecasted future results, concluded that it is more likely than not that it would be able to realize some of its deferred tax assets. Accordingly, the Company reversed approximately 28% of its valuation allowance for its current deferred tax assets and recorded a deferred tax benefit of $760,000. These deferred tax benefits are recorded on the balance sheet as current deferred tax assets of $183,000 and long term deferred tax assets of $1,649,000 as of June 30, 2015 and December 31, 2014.   We will continue to evaluate if it is more likely than not that we will realize the benefits from future deferred taxes.   Fair Value of Financial Instruments   The fair value of the Company’s financial instruments is determined by using available market information and appropriate valuation methodologies. The Company’s principal financial instruments are cash, accounts receivable, accounts payable and short term line of credit debt. At June 30, 2015 and December 31, 2014, cash, accounts receivable, accounts payable and short term line of credit debt, due to their short maturities, and liquidity, are carried at amounts which reasonably approximate fair value.   The Company measures the fair value of its financial instruments using the procedures set forth below for all assets and liabilities measured at fair value that were previously carried at fair value pursuant to other accounting guidelines.   Under FASB ASC 820, “Fair Value Measurements” fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.   FASB ASC 820 establishes a three-level hierarchy for disclosure to show the extent and level of judgment used to estimate fair value measurements.   Level 1 — Uses unadjusted quoted prices that are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis.   Level 2 — Uses inputs, other than Level 1, that are either directly or indirectly observable as of the reporting date through correlation with market data, including quoted prices for similar assets and liabilities in active markets and quoted prices in markets that are not active. Level 2 also includes assets and liabilities that are valued using models or other pricing methodologies that do not require significant judgment since the input assumptions used in the models, such as interest rates and volatility factors, are corroborated by readily observable data. Instruments in this category include non-exchange-traded derivatives, including interest rate swaps.   Level 3 — Uses inputs that are unobservable and are supported by little or no market activity and reflect the use of significant management judgment. These values are generally determined using pricing models for which the assumptions utilize management’s estimates of market participant assumptions.   There were no items measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014.   Recent Accounting Pronouncements    In February 2015, the FASB issued ASU Update 2015-02, “Consolidation” (“ASU 2015-02”).  This Update was issued to address concerns about the current accounting for consolidation by changing the analysis that a reporting entity must perform to determine whether it should consolidate certain types of legal entities.  All legal entities are subject to reevaluation under the revised consolidation model.  The amendments in this Update: 1) Modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities (VIEs) or voting interest entities; 2) Eliminate the presumption that a general partner should consolidate a limited partnership; 3) Affect the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships; and 4) Provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds.  The amendments in ASU 2015-02 are effective for the Company beginning in 2016.  Early adoption is permitted and both retrospective and modified retrospective application is permitted.  We currently intend to adopt ASU 2015-02 on January 1, 2016.  We don’t anticipate that our adoption of ASU 2015-02 will have a material impact on the Company’s financial statements or related disclosures as we are not currently involved with the types of legal entities to which the amendments apply.    In January 2015, the FASB issued ASU Update 2015-01, “Income Statement – Extraordinary and Unusual Items” (“ASU 2015-01”).  This Update eliminates from U.S. GAAP the concept of extraordinary items.  However, the presentation and disclosure guidance for items that are unusual in nature or occur infrequently have been retained and expanded to include items that are both unusual in nature and infrequently occurring.  The amendments in ASU 2015-01 are effective for the Company beginning in 2016.  Early adoption is permitted and both prospective and retrospective application is permitted.  We currently intend to adopt ASU 2015-01 on January 1, 2016 and apply its provisions on a prospective basis.  We don’t anticipate that application of ASU 2015-01 will have a material impact on the Company’s financial statements or related disclosures.   In July 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory," which requires that inventory within the scope of the guidance be measured at the lower of cost and net realizable value rather than the lower of cost or market. The standard will be effective for public business entities for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. The new guidance shall be applied prospectively and early adoption is permitted. The Company will adopt this guidance in the first quarter of 2017. The impact is not expected to be material.   In April 2015, the FASB issued ASU 2015-03, “Interest-Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs,” which is designed to simplify presentation of debt issuance costs. The standard requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The standard will be effective for U.S. public companies for annual reporting periods beginning after December 15, 2015. Early adoption is permitted. The new guidance shall be applied on a retrospective basis for all periods presented. The Company will adopt this guidance in the first quarter of 2016. The impact is not expected to be material.

Basis of Presentation   The accompanying interim condensed consolidated financial statements are unaudited and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) including those for interim financial information and with the instructions for Form 10-Q and Article 8 of Regulation S-X issued by the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and note disclosures required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been reflected in these interim financial statements. These financial statements should be read in conjunction with the audited financial statements and notes for the year ended December 31, 2014 included in the Company’s Annual Report on Form 10-K filed with the SEC on March 16, 2015.

Basis of Consolidation   The condensed consolidated financial statements include the accounts of Ironclad Performance Corporation, an inactive parent company, and its wholly owned subsidiary Ironclad California. All significant inter-company transactions have been eliminated in consolidation.

Use of Estimates   The preparation of financial statements requires management to make a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities. Actual results could differ from those estimates. Significant estimates and assumptions made by management are used for, but not limited to, the allowance for doubtful accounts, inventory obsolescence, allowance for returns and the estimated useful lives of long-lived assets.

Cash and Cash Equivalents   The Company considers all highly liquid investments with original maturities of three months or less when purchased to be cash equivalents. The Company places its cash with high credit quality institutions. The Federal Deposit Insurance Company (FDIC) insures cash amounts at each institution for up to $250,000 and the Securities Investor Protection Corporation (SIPC) also insures cash amounts at each institution up to $250,000.  In addition, supplemental insurance is in place to cover balances in excess of these limits. The Company maintains cash in excess of the FDIC and SIPC limits.

Accounts Receivable   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">December 31, 2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left; padding-left: 5.4pt">Accounts receivable</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">5,356,692</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">6,313,032</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt; padding-left: 5.4pt">Less - allowance for doubtful accounts</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(30,000</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(30,000</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 5.4pt"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 5.4pt">     Net accounts receivable</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,326,692</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">6,283,032</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>   The allowance for doubtful accounts is based on management’s regular evaluation of individual customer’s receivables and consideration of a customer’s financial condition and credit history. Trade receivables are written off when deemed uncollectible. Recoveries of trade receivables previously written off are recorded when received. Interest is not charged on past due accounts.

Inventory   Inventory is stated at the lower of average cost (which approximates first in, first out) or market and consists primarily of finished goods. The Company regularly reviews its inventory quantities on hand and records a provision for excess and obsolete inventory based primarily on management’s estimated forecast of product demand and production requirements.

Property and Equipment   Property and equipment are recorded at cost less accumulated depreciation. Depreciation is recorded using the straight-line method over the estimated useful lives of the related assets, which range from three to seven years. Leasehold improvements are depreciated over fifteen years or the lease term, whichever is shorter. Maintenance and repairs are charged to expense as incurred.

Trademarks   The costs incurred to file and acquire trademarks, which are active and relate to products with a definite life cycle, are amortized over the estimated useful life of fifteen years. Trademarks, which are active and relate to corporate identification, such as logos, are not amortized. Pending trademarks are capitalized and reviewed monthly for active status.

Long-Lived Asset Impairment   The Company periodically evaluates whether events and circumstances have occurred that indicate the remaining estimated useful life of long-lived assets may warrant revision or that the remaining balance may not be recoverable. When factors indicate that the asset should be evaluated for possible impairment, the Company uses an estimate of the undiscounted net cash flows over the remaining life of the asset in measuring whether the asset is recoverable. Based upon the anticipated future income and cash flow from operations and other factors, relevant in the opinion of the Company’s management, there has been no impairment.

Operating Segment Reporting   The Company has two product lines, “gloves” and “apparel,” both of which have similar characteristics.  They each provide functional protection and comfort to workers in the form of work wear for various parts of the body; their production processes are similar; they are both sold to the same type of class of customers, typically on the same purchase order; and they are warehoused and distributed from the same warehouse facility.  In addition, the “apparel” segment currently comprises less than 2% of the Company’s revenues.  The Company believes that the aggregation criteria of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 280, paragraph 17 applies and will accordingly aggregate these two segments.

Revenue Recognition   A customer is obligated to pay for products sold to it within a specified number of days from the date that title to the products is transferred to the customer. The Company’s standard terms are typically net 30 days from the transfer of title to the products to the customer, however we have negotiated special terms with certain customers and industries. The Company typically collects payment from a customer within 30 to 60 days from the transfer of title to the products to a customer. Transfer of title occurs and risk of ownership generally passes to a customer at the time of shipment or delivery, depending on the terms of the agreement with a particular customer. The sale price of the Company’s products is substantially fixed or determinable at the date of sale based on purchase orders generated by a customer and accepted by the Company. A customer’s obligation to pay the Company for products sold to it is not contingent upon the resale of those products. The Company recognizes revenues when products are delivered, or shipped to customers, based on terms of agreement with the customers. All transactions are conducted in United States Dollars and therefore there are no transaction gains or losses incurred on transactions with foreign customers.

Revenue Disclosures   The Company’s revenues are derived from the sale of our core line of task specific work gloves plus our line of work wear apparel products, available to all of our customers, both domestically and internationally.  Below is a table outlining this breakdown for the comparative periods:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="11" style="text-align: center; border-bottom: Black 1pt solid">Three Months Ended June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="11" style="text-align: center; border-bottom: Black 1pt solid">Three Months Ended June 30, 2014</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td style="border-bottom: Black 1pt solid">Net Sales</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Gloves</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Apparel</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Total</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Gloves</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Apparel</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Total</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Domestic</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">4,711,891</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">22,576</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">4,734,467</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">3,526,468</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">12,919</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">3,539,387</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">International</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">437,500</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">  </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">437,500</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,279,126</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">739</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,279,865</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt; text-indent: 9pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,149,391</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">22,576</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,171,967</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,805,594</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">13,658</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,819,252</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>     <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="11" style="text-align: center; border-bottom: Black 1pt solid">Six Months Ended June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="11" style="text-align: center; border-bottom: Black 1pt solid">Six Months Ended June 30, 2014</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td style="border-bottom: Black 1pt solid">Net Sales</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Gloves</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Apparel</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Total</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Gloves</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Apparel</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Total</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Domestic</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">8,162,102</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">30,423</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">8,192,525</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">7,461,389</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">81,252</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">7,542,641</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">International</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,547,124</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">  </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,547,124</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,352,207</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">739</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,352,946</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">9,709,226</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">30,423</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">9,739,649</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">9,813,596</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">81,991</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">9,895,587</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

Cost of Goods Sold   Cost of goods sold includes all of the costs associated with producing the product by independent, third party factories (FOB costs), plus the costs of transporting, inspecting and delivering the product to our distribution warehouse in California (landed costs). Landed costs consist primarily of ocean/air freight, transport insurance, import duties, administrative charges and local trucking charges from the port to our warehouse. Cost of goods sold for the three months ended June 30, 2015 and 2014 were $3,395,362 and $3,161,595, respectively. Cost of goods sold for the six months ended June 30, 2015 and 2014 were $6,196,449 and $6,768,784, respectively.   Purchasing, warehousing and distribution costs are reported in operating expenses on the line item entitled “Purchasing, warehousing and distribution” and for the three months ended June 30, 2015 and 2014 were $241,534 and $356,297, respectively and for the six months ended June 30, 2015 and 2014 were $524,531 and $684,094, respectively.

Product Returns, Allowances and Adjustments   Product returns, allowances and adjustments is a broad term that encompasses a number of offsets to gross sales. Included herein are warranty returns of defective products, returns of saleable products and accounting adjustments.   Warranty Returns - the Company has a warranty policy that covers defects in workmanship. It allows customers to return damaged or defective products to us following a customary return merchandise authorization process. Warranty returns for the three and six months ended June 30, 2015 and 2014 were approximately $2,800 or 0.1% and $16,300 or 0.4% and $9,400 or 0.1% and $25,900 or 0.5%, respectively.   Saleable Product Returns - the Company may allow from time to time, depending on the customer and existing circumstances, stock adjustment returns, whereby the customer is given the opportunity to ‘trade out’ of a style of product that does not sell well in their territory, usually in exchange for another product, again following the customary return merchandise authorization process. In addition the Company may allow from time to time other saleable product returns from customers for other business reasons, for example, in settlement of an outstanding accounts receivable, from a discontinued distributor customer or other customer service purpose. Saleable product returns for the three and six months ended June 30, 2015 and 2014 were approximately $129,000 or 2.4% and $22,700 or 0.5% and $255,000 or 2.5% and $133,600 or 2.8% of net sales, respectively.   Sales Adjustments - these adjustments include pricing and shipping corrections and periodic adjustments to the product returns reserve. Pricing and shipping corrections for the three and six months ended June 30, 2015 and 2014 were approximately $96,000 or1.8% and $6,200 or 0.1% and $112,000 or 1.1% and $8,200 or 0.2%, respectively. Adjustments to the product returns reserve were zero for the three and six months ended June 30, 2015 and 2014.   For warranty returns the Company utilizes actual historical return rates to determine the allowance for returns in each period. For saleable product returns the Company also utilizes actual historical return rates, adjusted for large, non-recurring occurrences. The Company does not accrue for pricing and shipping corrections as they are unpredictable and generally de minimis. Gross sales are reduced by estimated returns. We record a corresponding accrual for the estimated liability associated with the estimated returns which is based on the historical gross sales of the products corresponding to the estimated returns. This accrual is offset each period by actual product returns.   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td>Reserve for Product Returns, Allowances and Adjustments</td><td> </td> <td colspan="3"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255); font-weight: bold"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 70%; text-align: left">Reserve Balance 12/31/14</td><td style="width: 10%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">75,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Payments Recorded During the Period</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(132,390</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(57,390</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Accrual for New Liabilities During the Reporting Period</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">132,390</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Reserve Balance 3/31/15</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">75,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Payments Recorded During the Period</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(131,600</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(56,600</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Accrual for New Liabilities During the Reporting Period</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">131,600</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Reserve Balance 6/30/15</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">75,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

Advertising and Marketing   Advertising and marketing costs are expensed as incurred. Advertising expenses for the three and six months ended June 30, 2015 and 2014 were $83,140 and $50,451 and $169,713 and $126,219, respectively.

Shipping and Handling Costs   Freight billed to customers is recorded as sales revenue and the related freight costs as cost of sales.

Customer Concentrations   Three customers accounted for approximately $2,389,000 or 46.2% of net sales for the quarter ended June 30, 2015. Two customers accounted for approximately $2,916,000 or 60.5% of net sales for the three months ended June 30, 2014. Three customers accounted for approximately $4,857,000 or 49.8% of net sales for the six months ended June 30, 2015. Three customers accounted for approximately $5,530,000 or 55.9% of net sales for the six months ended June 30, 2014. No other customers accounted for more than 10% of net sales during the periods. Supplier Concentrations   Three suppliers, who are located overseas, accounted for approximately 75% of total purchases for the three months ended June 30, 2015.  Two suppliers, who are located overseas, accounted for approximately 78% of total purchases for the three months ended June, 2014.  Two suppliers, who are located overseas, accounted for approximately 56% of total purchases for the six months ended June 30, 2015.  Three suppliers, who are located overseas, accounted for approximately 85% of total purchases for the six months ended June 30, 2014. All transactions are conducted in United States Dollars and therefore there are no transaction gains or losses incurred on transactions with foreign suppliers.

Stock Based Compensation   The Company follows the provisions of FASB ASC 718, “Share-Based Payment.”  This statement establishes standards for the accounting for transactions in which an entity exchanges its equity instruments for goods or services, as well as transactions in which an entity incurs liabilities in exchange for goods or services that are based on the fair value of the entity’s equity instruments or that may be settled by the issuance of those equity instruments.  ASC 718 requires that the cost resulting from all share-based payment transactions be recognized in the financial statements based on the fair value of the share-based payment.  ASC 718 establishes fair value as the measurement objective in accounting for share-based payment transactions with employees, such as the options issued under our stock incentive plans.

Earnings (Loss) Per Share   The Company utilizes FASB ASC 260, “Earnings per Share.” Basic earnings (loss) per share is computed by dividing earnings (loss) available to common shareholders by the weighted-average number of common shares outstanding. Diluted earnings (loss) per share is computed similar to basic earnings (loss) per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. Common equivalent shares are excluded from the computation if their effect is anti-dilutive.   As a result of the net loss for the six months ended June 30, 2015 and 2014, the Company calculated diluted earnings per share using weighted average basic shares outstanding only, as using diluted shares would be anti-dilutive to loss per share.   The following table sets forth the calculation of the numerators and denominators of the basic and diluted per share computations for the three and six months ended June 30, 2015 and 2014 if diluted shares were to be included:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td> </td> <td colspan="3" style="text-align: center">Three Months Ended</td><td> </td> <td colspan="3" style="text-align: center">Three Months Ended</td><td> </td> <td colspan="3" style="text-align: center">Six Months Ended</td><td> </td> <td colspan="3" style="text-align: center">Six Months Ended</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2014</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 48%; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt">Numerator: Net Loss</td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 10%; border-bottom: Black 2.5pt double; text-align: right">(169,914</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 10%; border-bottom: Black 2.5pt double; text-align: right">(281,705</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 10%; border-bottom: Black 2.5pt double; text-align: right">(268,817</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 10%; border-bottom: Black 2.5pt double; text-align: right">(773,006</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0pt">Denominator: Basic and Diluted EPS</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt">Common shares outstanding, beginning of period</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">80,889,171</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">76,704,275</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">80,808,629</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">76,681,498</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; padding-left: 0pt">Weighted average common shares issued during the period</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">243,640</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">413,896</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">203,035</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">230,365</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt">Denominator for basic earnings per common share</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">81,132,811</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">77,117,171</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">81,011,664</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">76,911,863</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>   The following potential common shares have been excluded from the computation of diluted net income (loss) per share for the periods presented as the effect would have been anti-dilutive:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td> </td> <td colspan="7" style="text-align: center">Three Months</td><td> </td> <td colspan="7" style="text-align: center">Six Months</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td style="text-align: center"> </td><td> </td> <td colspan="7" style="text-align: center">Ended June 30,</td><td> </td> <td colspan="7" style="text-align: center">Ended June 30,</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2014</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: left">Options outstanding under the Companys stock option plans</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">12,782,237</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">11,098,279</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">12,782,237</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">11,098,279</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Common Stock Warrants</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">43,146</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">43,146</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">43,146</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">43,146</td><td style="text-align: left"> </td></tr> </table>

Income Taxes   The Company utilizes FASB ASC 740-10, “Accounting for Uncertainty in Income Taxes - An Interpretation of FASB Statement No. 109”. FASB ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an entity’s financial statements in accordance with FASB Statement No. 109, Accounting for Income Taxes, and prescribes a recognition threshold and measurement attributes for financial statement disclosure of tax position taken or expected to be taken on a tax return. Additionally, FASB ASC 740-10 provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. No adjustments were required upon adoption of FASB ASC 740-10.   Income taxes are provided for the tax effects of the transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related primarily to the difference between the basis of the allowance for doubtful accounts, accumulated depreciation and amortization, accrued payroll and net operating loss carryforwards for financial and income tax reporting. The deferred tax assets and liabilities represent the future tax return consequences of those differences, which will either be taxable or deductible when the assets and liabilities are recovered or settled.   Deferred tax assets and liabilities are reflected at income tax rates applicable to the period in which the deferred tax assets or liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. If it is more likely than not that some portion or all of a deferred tax asset will not be realized, a valuation allowance is recognized.   The components of the provision for income taxes for the six months ended June 30, 2015 and 2014 were zero.   Based on its history of losses, the Company historically provided a 100% valuation allowance against its deferred tax assets, as it was not more likely than not that any future benefit from deductible temporary differences and net operating loss carryforwards would be realized. For the year ended December 31, 2014, the Company reassessed the need for a valuation allowance against its deferred tax assets and, based on the positive evidence of the last three year’s pre-tax income and forecasted future results, concluded that it is more likely than not that it would be able to realize some of its deferred tax assets. Accordingly, the Company reversed approximately 28% of its valuation allowance for its current deferred tax assets and recorded a deferred tax benefit of $760,000. These deferred tax benefits are recorded on the balance sheet as current deferred tax assets of $183,000 and long term deferred tax assets of $1,649,000 as of June 30, 2015 and December 31, 2014.   We will continue to evaluate if it is more likely than not that we will realize the benefits from future deferred taxes.

Fair Value of Financial Instruments   The fair value of the Company’s financial instruments is determined by using available market information and appropriate valuation methodologies. The Company’s principal financial instruments are cash, accounts receivable, accounts payable and short term line of credit debt. At June 30, 2015 and December 31, 2014, cash, accounts receivable, accounts payable and short term line of credit debt, due to their short maturities, and liquidity, are carried at amounts which reasonably approximate fair value.   The Company measures the fair value of its financial instruments using the procedures set forth below for all assets and liabilities measured at fair value that were previously carried at fair value pursuant to other accounting guidelines.   Under FASB ASC 820, “Fair Value Measurements” fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.   FASB ASC 820 establishes a three-level hierarchy for disclosure to show the extent and level of judgment used to estimate fair value measurements.   Level 1 — Uses unadjusted quoted prices that are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis.   Level 2 — Uses inputs, other than Level 1, that are either directly or indirectly observable as of the reporting date through correlation with market data, including quoted prices for similar assets and liabilities in active markets and quoted prices in markets that are not active. Level 2 also includes assets and liabilities that are valued using models or other pricing methodologies that do not require significant judgment since the input assumptions used in the models, such as interest rates and volatility factors, are corroborated by readily observable data. Instruments in this category include non-exchange-traded derivatives, including interest rate swaps.   Level 3 — Uses inputs that are unobservable and are supported by little or no market activity and reflect the use of significant management judgment. These values are generally determined using pricing models for which the assumptions utilize management’s estimates of market participant assumptions.   There were no items measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014.

Recent Accounting Pronouncements    In February 2015, the FASB issued ASU Update 2015-02, “Consolidation” (“ASU 2015-02”).  This Update was issued to address concerns about the current accounting for consolidation by changing the analysis that a reporting entity must perform to determine whether it should consolidate certain types of legal entities.  All legal entities are subject to reevaluation under the revised consolidation model.  The amendments in this Update: 1) Modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities (VIEs) or voting interest entities; 2) Eliminate the presumption that a general partner should consolidate a limited partnership; 3) Affect the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships; and 4) Provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds.  The amendments in ASU 2015-02 are effective for the Company beginning in 2016.  Early adoption is permitted and both retrospective and modified retrospective application is permitted.  We currently intend to adopt ASU 2015-02 on January 1, 2016.  We don’t anticipate that our adoption of ASU 2015-02 will have a material impact on the Company’s financial statements or related disclosures as we are not currently involved with the types of legal entities to which the amendments apply.    In January 2015, the FASB issued ASU Update 2015-01, “Income Statement – Extraordinary and Unusual Items” (“ASU 2015-01”).  This Update eliminates from U.S. GAAP the concept of extraordinary items.  However, the presentation and disclosure guidance for items that are unusual in nature or occur infrequently have been retained and expanded to include items that are both unusual in nature and infrequently occurring.  The amendments in ASU 2015-01 are effective for the Company beginning in 2016.  Early adoption is permitted and both prospective and retrospective application is permitted.  We currently intend to adopt ASU 2015-01 on January 1, 2016 and apply its provisions on a prospective basis.  We don’t anticipate that application of ASU 2015-01 will have a material impact on the Company’s financial statements or related disclosures.   In July 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory," which requires that inventory within the scope of the guidance be measured at the lower of cost and net realizable value rather than the lower of cost or market. The standard will be effective for public business entities for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. The new guidance shall be applied prospectively and early adoption is permitted. The Company will adopt this guidance in the first quarter of 2017. The impact is not expected to be material.   In April 2015, the FASB issued ASU 2015-03, “Interest-Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs,” which is designed to simplify presentation of debt issuance costs. The standard requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The standard will be effective for U.S. public companies for annual reporting periods beginning after December 15, 2015. Early adoption is permitted. The new guidance shall be applied on a retrospective basis for all periods presented. The Company will adopt this guidance in the first quarter of 2016. The impact is not expected to be material.

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="11" style="text-align: center; border-bottom: Black 1pt solid">Three Months Ended June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="11" style="text-align: center; border-bottom: Black 1pt solid">Three Months Ended June 30, 2014</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td style="border-bottom: Black 1pt solid">Net Sales</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Gloves</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Apparel</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Total</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Gloves</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Apparel</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Total</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Domestic</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">4,711,891</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">22,576</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">4,734,467</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">3,526,468</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">12,919</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">3,539,387</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">International</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">437,500</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">  </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">437,500</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,279,126</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">739</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,279,865</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt; text-indent: 9pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,149,391</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">22,576</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">5,171,967</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,805,594</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">13,658</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">4,819,252</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>     <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="11" style="text-align: center; border-bottom: Black 1pt solid">Six Months Ended June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="11" style="text-align: center; border-bottom: Black 1pt solid">Six Months Ended June 30, 2014</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td style="border-bottom: Black 1pt solid">Net Sales</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Gloves</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Apparel</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Total</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Gloves</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Apparel</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Total</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%">Domestic</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">8,162,102</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">30,423</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">8,192,525</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">7,461,389</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">81,252</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 6%; text-align: right">7,542,641</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt">International</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,547,124</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">  </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,547,124</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,352,207</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">739</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2,352,946</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">9,709,226</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">30,423</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">9,739,649</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">9,813,596</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">81,991</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">9,895,587</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td>Reserve for Product Returns, Allowances and Adjustments</td><td> </td> <td colspan="3"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255); font-weight: bold"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 70%; text-align: left">Reserve Balance 12/31/14</td><td style="width: 10%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">75,000</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Payments Recorded During the Period</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(132,390</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(57,390</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Accrual for New Liabilities During the Reporting Period</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">132,390</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Reserve Balance 3/31/15</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">75,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Payments Recorded During the Period</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(131,600</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(56,600</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Accrual for New Liabilities During the Reporting Period</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">131,600</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Reserve Balance 6/30/15</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">75,000</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td> </td> <td colspan="3" style="text-align: center">Three Months Ended</td><td> </td> <td colspan="3" style="text-align: center">Three Months Ended</td><td> </td> <td colspan="3" style="text-align: center">Six Months Ended</td><td> </td> <td colspan="3" style="text-align: center">Six Months Ended</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2014</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 48%; text-align: left; padding-bottom: 2.5pt; padding-left: 0pt">Numerator: Net Loss</td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 10%; border-bottom: Black 2.5pt double; text-align: right">(169,914</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 10%; border-bottom: Black 2.5pt double; text-align: right">(281,705</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 10%; border-bottom: Black 2.5pt double; text-align: right">(268,817</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 2.5pt"> </td> <td style="width: 1%; border-bottom: Black 2.5pt double; text-align: left">$</td><td style="width: 10%; border-bottom: Black 2.5pt double; text-align: right">(773,006</td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 0pt">Denominator: Basic and Diluted EPS</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0pt">Common shares outstanding, beginning of period</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">80,889,171</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">76,704,275</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">80,808,629</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">76,681,498</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; padding-left: 0pt">Weighted average common shares issued during the period</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">243,640</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">413,896</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">203,035</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">230,365</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt; padding-left: 0pt">Denominator for basic earnings per common share</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">81,132,811</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">77,117,171</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">81,011,664</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">76,911,863</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td> </td> <td colspan="7" style="text-align: center">Three Months</td><td> </td> <td colspan="7" style="text-align: center">Six Months</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td style="text-align: center"> </td><td> </td> <td colspan="7" style="text-align: center">Ended June 30,</td><td> </td> <td colspan="7" style="text-align: center">Ended June 30,</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2014</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: left">Options outstanding under the Companys stock option plans</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">12,782,237</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">11,098,279</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">12,782,237</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">11,098,279</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Common Stock Warrants</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">43,146</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">43,146</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">43,146</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">43,146</td><td style="text-align: left"> </td></tr> </table>

5356692

6313032

-30000

5326692

6283032

9739649

5171967

4819252

9895587

4711891

3526468

8162102

7461389

22576

12919

30423

81252

437500

1279126

1547124

2352207

739

4734467

3539387

8192525

7542641

437500

1279865

1547124

2352946

5149391

4805594

9709226

9813596

22576

13658

30423

81991

75000

-131600

-132390

131600

132390

203035

243640

413896

230365

81011664

81132811

77117171

76911863

43146

12782237

11098279

-34928

-20186

243

-6663

6196449

3395362

3161595

6768784

16300

2800

9400

25900

0.004 0.001 0.001 0.005 22700 129000 255000 133600 0.005 0.024 0.025 0.028 6200 96000 112000 8200 0.001 0.018 0.011 0.002

50451

83140

169713

126219

20468000

3070000

2389000

2916000

4857000

5530000

0.54

0.605

0.74

0.85

0.462

0.605

0.498

0.559

.75

.78

.56

.85

1649000

760000

250000

183000

0.28

3. Inventory   At June 30, 2015 and December 31, 2014 the Company had one class of inventory - finished goods.  Inventory is shown net of a provision for obsolescence of $547,800 for both June 30, 2015 and December 31, 2014.   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="text-align: center; font-weight: bold; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid">December 31,  2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; width: 72%">Finished goods, net</td><td style="padding-bottom: 1pt; width: 2%"> </td> <td style="border-bottom: Black 1pt solid; text-align: left; width: 1%">$</td><td style="border-bottom: Black 1pt solid; text-align: right; width: 10%">8,878,889</td><td style="padding-bottom: 1pt; text-align: left; width: 1%"> </td><td style="padding-bottom: 1pt; width: 2%"> </td> <td style="border-bottom: Black 1pt solid; text-align: left; width: 1%">$</td><td style="border-bottom: Black 1pt solid; text-align: right; width: 10%">7,123,654</td><td style="padding-bottom: 1pt; text-align: left; width: 1%"> </td></tr> </table>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="text-align: center; font-weight: bold; vertical-align: bottom"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid">December 31,  2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt; width: 72%">Finished goods, net</td><td style="padding-bottom: 1pt; width: 2%"> </td> <td style="border-bottom: Black 1pt solid; text-align: left; width: 1%">$</td><td style="border-bottom: Black 1pt solid; text-align: right; width: 10%">8,878,889</td><td style="padding-bottom: 1pt; text-align: left; width: 1%"> </td><td style="padding-bottom: 1pt; width: 2%"> </td> <td style="border-bottom: Black 1pt solid; text-align: left; width: 1%">$</td><td style="border-bottom: Black 1pt solid; text-align: right; width: 10%">7,123,654</td><td style="padding-bottom: 1pt; text-align: left; width: 1%"> </td></tr> </table>

8878889

7123654

4. Property and Equipment   Property and equipment consisted of the following:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">December 31, 2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">Computer equipment and software</td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">573,693</td><td style="width: 1%; text-align: left"> </td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">507,640</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Office furniture and equipment</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">264,030</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">255,085</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Leasehold improvements</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">172,048</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">169,904</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,009,771</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">932,629</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated depreciation</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(704,013</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(641,953</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Property and equipment, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">305,758</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">290,676</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>   Depreciation expense for the three months ended June 30, 2015 and 2014 was $29,448 and $26,276, respectively. Depreciation expense for the six months ended June 30, 2015 and 2014 was $62,060 and $53,777, respectively.

1009771

932629

573693

507640

264030

255085

172048

169904

5. Trademarks and Patents   Trademarks and patents consisted of the following:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td> </td> <td colspan="3" style="text-align: center">June 30,</td><td> </td> <td colspan="3" style="text-align: center">December 31,</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%">Trademarks</td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">167,753</td><td style="width: 1%; text-align: left"> </td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">168,789</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Patents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">26,236</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">24,835</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated amortization</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(63,328</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(58,560</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Trademarks and Patents, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">130,661</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">135,064</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>   Trademarks and patents consist of definite-lived trademarks and patents of $126,890 and $126,525 and indefinite-lived trademarks and patents of $67,099 and $67,099 at June 30, 2015 and December 31, 2014, respectively. All trademark and patent costs have been generated by the Company, and consist of legal and filing fees.   Amortization expense for the three months ended June 30, 2015 and 2014 was $2,382 and $2,399, respectively. Amortization expense for the six months ended June 30, 2015 and 2014 was $4,768 and $4,718, respectively.

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td> </td> <td colspan="3" style="text-align: center">June 30,</td><td> </td> <td colspan="3" style="text-align: center">December 31,</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%">Trademarks</td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">167,753</td><td style="width: 1%; text-align: left"> </td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">168,789</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td>Patents</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">26,236</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">24,835</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Less: Accumulated amortization</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(63,328</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(58,560</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 2.5pt">Trademarks and Patents, net</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">130,661</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">135,064</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

167753

168789

26236

24835

126890

126525

67099

4768

2382

2399

4718

6. Accounts Payable and Accrued Expenses   Accounts payable and accrued expenses consisted of the following at June 30, 2015 and December 31, 2014:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30,  2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">December 31, 2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">Accounts payable</td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">1,878,073</td><td style="width: 1%; text-align: left"> </td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">1,770,620</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Accrued rebates and co-op</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">126,545</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">202,805</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Customer deposits</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">167,332</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">167,410</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Accrued returns reserve</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">75,000</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">75,000</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Accrued expenses other</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">374,656</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">373,788</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 2.5pt">Total accounts payable and accrued expenses</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,621,606</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">2,589,623</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>

1878073

1770620

126545

202805

167332

167410

75000

374656

373788

2621606

2589623

7. Bank Lines of Credit     Bank Revolving Loan   On November 30, 2012 we entered into a Business Loan Agreement with Union Bank, N.A. which provided a revolving loan of up to $6,000,000. The first $3,500,000 of advances under this facility were under an open line-of-credit. Advances in excess of $3,500,000, up to the line limit of $6,000,000, were subject to a Borrowing Base report. The term Borrowing Base means an amount equal to (a) 80% of the net amount of all eligible accounts receivable plus, (b) the lesser of (i) 50% of the value of eligible landed inventory and (ii) $2,750,000, plus (c) 35% of eligible in-transit inventory. In addition, during the months of April to October each calendar year, the outstanding principal amount of all advances against eligible inventory were not to not exceed 150% of the aggregate outstanding principal amount of advances against eligible accounts receivable. All of our assets secure amounts borrowed under the terms of this agreement. Interest on borrowed funds were to accrue at Prime minus 0.25% unless we chose to “fix” a portion of the indebtedness (minimum $150,000) at LIBOR plus 2% for fixed periods of time ranging from 30 days to 360 days. This loan expired on November 30, 2014 and was paid off with the proceeds from the Capital One, N.A. line described below.   On November 28, 2014 we entered into a Revolving Loan and Security Agreement with Capital One, N.A. which currently provides a revolving loan of up to $8,000,000. On June 16, 2015, pursuant to the terms of the agreement, we increased the line limit from $6,000,000 to $8,000,000. All advances, up to the line limit of $8,000,000, are subject to a Borrowing Base report. The term Borrowing Base means an amount equal to (a) 80% of the net amount of all eligible accounts receivable plus, (b) 50% of the value of eligible landed inventory, plus (c) 35% of eligible in-transit inventory. In addition, the outstanding principal amount of all advances against eligible inventory shall not exceed 50% of the total line limit. All of our assets secure amounts borrowed under the terms of this agreement. Interest on borrowed funds accrued at LIBOR plus 2.80% until such time as the Company’s trailing twelve month EBITDAS (Earnings Before Interest, Taxes, Depreciation, Amortization and Stock compensation expense) exceeded $1,000,000 at which time the rate decreased to LIBOR plus 2.50%. The interest rate at June 30, 2015 was 2.684%. This agreement contains a Minimum Debt Service Coverage Ratio covenant and a Tangible Net Worth covenant. At June 30, 2015, the Company is in compliance with all covenants. At June 30, 2015, we had unused credit available under our current facility of approximately $4,739,618.   As of June 30, 2015 and December 31, 2014, the total amounts due to Capital One, N.A. were $3,260,382 and $2,586,034, respectively.

On November 30, 2012 we entered into a Business Loan Agreement with Union Bank, N.A. which provided a revolving loan of up to $6,000,000. The first $3,500,000 of advances under this facility were under an open line-of-credit. Advances in excess of $3,500,000, up to the line limit of $6,000,000, were subject to a Borrowing Base report. The term Borrowing Base means an amount equal to (a) 80% of the net amount of all eligible accounts receivable plus, (b) the lesser of (i) 50% of the value of eligible landed inventory and (ii) $2,750,000, plus (c) 35% of eligible in-transit inventory. In addition, during the months of April to October each calendar year, the outstanding principal amount of all advances against eligible inventory were not to not exceed 150% of the aggregate outstanding principal amount of advances against eligible accounts receivable. All of our assets secure amounts borrowed under the terms of this agreement. Interest on borrowed funds were to accrue at Prime minus 0.25% unless we chose to “fix” a portion of the indebtedness (minimum $150,000) at LIBOR plus 2% for fixed periods of time ranging from 30 days to 360 days. This loan expired on November 30, 2014 and was paid off with the proceeds from the Capital One, N.A. line described below.

On November 28, 2014 we entered into a Revolving Loan and Security Agreement with Capital One, N.A. which provides a revolving loan of up to $6,000,000. All advances, up to the line limit of $6,000,000, are subject to a Borrowing Base report. The term Borrowing Base means an amount equal to (a) 80% of the net amount of all eligible accounts receivable plus, (b) 50% of the value of eligible landed inventory, plus (c) 35% of eligible in-transit inventory. In addition, the outstanding principal amount of all advances against eligible inventory shall not exceed 50% of the total line limit. All of our assets secure amounts borrowed under the terms of this agreement. Interest on borrowed funds will accrue at LIBOR plus 2.80%, or 2.97%, until such time as the Company’s trailing twelve month EBITDAS (Earnings Before Interest, Taxes, Depreciation, Amortization and Stock compensation expense) exceeds $1,000,000 at which time the rate will decrease to LIBOR plus 2.50%. The interest rate at March 31, 2015 was 2.97%. This agreement contains a Minimum Debt Service Coverage Ratio covenant and a Tangible Net Worth covenant. At March 31, 2015, the Company is in compliance with all covenants. At March 31, 2015, we had unused credit available under our current facility of approximately $3,678,811.

4739618

3260382

2586034

0.02684

8. Equity Transactions   Common Stock    On January 23, 2015 the Company issued 106,600 shares of common stock upon the exercise of stock options at a range in exercise price of $0.09 to $0.095.   On June 4, 2015 the Company issued 733,333 shares of restricted common stock with a fair value of $0.28, vesting over a period of one year.   There were 81,648,562 shares of common stock of the Company outstanding at June 30, 2015.   Warrant Activity   A summary of warrant activity is as follows:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Number of Shares</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Weighted Average Exercise Price</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%">Warrants outstanding at December 31, 2014</td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 12%; text-align: right">43,146</td><td style="width: 1%; text-align: left"> </td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 12%; text-align: right">0.19</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1pt">Warrants exercised</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">  </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Warrants outstanding at June 30, 2015</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">43,146</td><td style="padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left"> </td><td style="border-bottom: Black 2.5pt double; text-align: right">0.19</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table>   Stock Based Compensation   Ironclad California reserved 3,020,187 shares of its common stock for issuance to employees, directors and consultants under the 2000 Stock Incentive Plan, which the Company assumed in the merger (the “2000 Plan”). Under the 2000 Plan, options may be granted at prices not less than the fair market value of the Company’s common stock at the grant date. Options generally have a ten-year term and shall be exercisable as determined by the Board of Directors.   Effective May 18, 2006, the Company reserved 4,250,000 shares of its common stock for issuance to employees, directors and consultants under its 2006 Stock Incentive Plan (the “2006 Plan”). In June, 2009, the shareholders of the Company approved an increase in the number of shares of common stock reserved under the 2006 Plan to 11,000,000 shares.  In April, 2011, the shareholders of the Company approved a further increase in the number of shares of common stock reserved under the 2006 Plan to 13,000,000 shares. In May, 2013, the shareholders of the Company approved a further increase in the number of shares of common stock reserved under the 2006 Plan to 16,000,000 shares. In April, 2014, the shareholders of the Company approved a further increase in the number of shares of common stock reserved under the 2006 Plan to 21,000,000 shares. Under the 2006 Plan, options may be granted at prices not less than the fair market value of the Company’s common stock at the grant date. Options generally have a ten-year term and shall be exercisable as determined by the Board of Directors.   The fair value of each stock option granted under either the 2000 Plan or 2006 Plan is estimated on the date of the grant using the Black-Scholes Model.  The Black-Scholes Model has assumptions for risk free interest rates, dividends, stock volatility and expected life of an option grant. The risk free interest rate is based on the U.S. Treasury Bill rate with a maturity based on the expected life of the options and on the closest day to an individual stock option grant. Dividend rates are based on the Company’s dividend history. The stock volatility factor is based on historical market prices of the Company’s common stock. The expected life of an option grant is based on management’s estimate. The fair value of each option grant is recognized as compensation expense over the vesting period of the option on a straight line basis.   For stock options issued during the three months and six months ended June 30, 2015 and 2014, the fair value of these options was estimated at the date of the grant using a Black-Scholes option pricing model with the following range of assumptions:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td> </td> <td colspan="3" style="text-align: center">Three Months Ended</td><td> </td> <td colspan="3" style="text-align: center">Three Months Ended</td><td> </td> <td colspan="3" style="text-align: center">Six Months Ended</td><td> </td> <td colspan="3" style="text-align: center">Six Months Ended</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2014</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 20%; text-align: left; padding-left: 5.4pt">Risk free interest rate</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 19%; text-align: right">1.54</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 19%; text-align: right">2.50% to 2.66%</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 15%; text-align: right">1.54</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 15%; text-align: right">0.05% to 2.66%</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 5.4pt">Dividends</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">  </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">  </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">  </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">  </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 5.4pt">Volatility factor</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">133.9</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">82.2</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">133.9</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">80.9% to 84.5%</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 5.4pt">Expected life</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6.25 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6.25 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6.25 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5.5 to 6.25 years</td><td style="text-align: left"> </td></tr> </table>   A summary of stock option and restricted stock activity is as follows:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td colspan="3" style="text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Number of Shares</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Weighted Average Exercise Price</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 1%; text-align: left"> </td><td style="width: 36%; text-align: left">Outstanding at December 31, 2014</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 26%; text-align: right">13,408,324</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 28%; text-align: right">0.148</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> </td><td style="text-align: left">Granted</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">  </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td style="text-align: left">Exercised</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(106,600</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">0.094</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: left">Cancelled/Expired</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(519,487</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">0.15</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td style="text-align: left">Outstanding at March 31, 2015</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12,782,237</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">0.148</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> </td><td style="text-align: left">Granted</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">733,333</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">0.280</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td style="text-align: left">Exercised</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(733,333</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">0.230</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: left">Cancelled/Expired</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">  </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">0.150</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td style="text-align: left">Outstanding at June 30, 2015</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12,782,237</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">0.148</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> </td><td style="text-align: left">Exercisable at June 30, 2015</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,481,203</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">0.146</td><td style="text-align: left"> </td></tr> </table>   The following table summarizes information about stock options outstanding at June 30, 2015:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Range of Exercise  Price</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Number Outstanding</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Weighted Average Remaining Contractual Life (Years)</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Intrinsic Value Outstanding Shares</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; width: 1%"> </td><td style="text-align: right; width: 16%">$0.09 - $0.27</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%"> </td><td style="text-align: right; width: 16%">12,782,237</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%"> </td><td style="text-align: right; width: 19%">6.43</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%">$</td><td style="text-align: right; width: 19%">0.148</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%">$</td><td style="text-align: right; width: 16%">1,813,031</td><td style="text-align: left; width: 1%"> </td></tr> </table>   The following table summarizes information about stock options exercisable at June 30, 2015:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Range of Exercise Price</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Number Exercisable</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Weighted Average Remaining Contractual Life (Years)</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Intrinsic Value Exercisable Shares</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; width: 1%"> </td><td style="text-align: right; width: 16%">$0.09 - $0.26</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%"> </td><td style="text-align: right; width: 16%">8,481,203</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%"> </td><td style="text-align: right; width: 19%">5.18</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%">$</td><td style="text-align: right; width: 19%">0.146</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%">$</td><td style="text-align: right; width: 16%">1,220,680</td><td style="text-align: left; width: 1%"> </td></tr> </table>   The following table summarizes information about non-vested stock options and restricted stock at June 30, 2015:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td colspan="3" style="text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Number of Shares</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Weighted Average Grant Date Fair Value</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255); font-weight: bold"> <td style="text-align: left"> </td><td style="text-align: left"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="width: 1%; text-align: left"> </td><td style="width: 26%; text-align: left">Non-Vested at December 31, 2014</td><td style="width: 1%; text-align: left"> </td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 26%; text-align: right">5,858,535</td><td style="width: 1%; text-align: left"> </td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 26%; text-align: right">0.146</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td style="text-align: left">  Granted</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">  </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> </td><td style="text-align: left">  Vested</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,127,189</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">0.14</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: left">  Forfeited</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(300,000</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">0.16</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> </td><td style="text-align: left">Non-Vested at March 31, 2015</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,431,346</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">0.147</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td style="text-align: left">  Granted</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">733,333</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">0.280</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> </td><td style="text-align: left">  Vested</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(863,645</td><td style="text-align: left">)</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">0.14</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt; text-align: left">  Forfeited</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">  </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> </td><td style="text-align: left">Non-Vested at June 30, 2015</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,301,034</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">0.152</td><td style="text-align: left"> </td></tr> </table>   In accordance with ASC 718, the Company recorded $85,355 and $93,107 of compensation expense for employee stock options during the three months ended June 30, 2015 and 2014. The Company recorded $174,895 and $157,116 of compensation expense for employee stock options during the six months ended June 30, 2015 and 2014. There was a total of $648,865 of unrecognized compensation costs related to non-vested share-based compensation arrangements under the Plan outstanding at June 30, 2015. This cost is expected to be recognized over a weighted average period of 2.38 years. The total fair value of shares vested during the six months ended June 30, 2015 was $298,026.

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td> </td> <td colspan="3" style="text-align: center">Three Months Ended</td><td> </td> <td colspan="3" style="text-align: center">Three Months Ended</td><td> </td> <td colspan="3" style="text-align: center">Six Months Ended</td><td> </td> <td colspan="3" style="text-align: center">Six Months Ended</td></tr> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2014</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30, 2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 20%; text-align: left; padding-left: 5.4pt">Risk free interest rate</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 19%; text-align: right">1.54</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 19%; text-align: right">2.50% to 2.66%</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 15%; text-align: right">1.54</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 15%; text-align: right">0.05% to 2.66%</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 5.4pt">Dividends</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">  </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">  </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">  </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">  </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-left: 5.4pt">Volatility factor</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">133.9</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">82.2</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">133.9</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">80.9% to 84.5%</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-left: 5.4pt">Expected life</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6.25 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6.25 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6.25 years</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5.5 to 6.25 years</td><td style="text-align: left"> </td></tr> </table>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Range of Exercise  Price</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Number Outstanding</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Weighted Average Remaining Contractual Life (Years)</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Intrinsic Value Outstanding Shares</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; width: 1%"> </td><td style="text-align: right; width: 16%">$0.09 - $0.27</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%"> </td><td style="text-align: right; width: 16%">12,782,237</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%"> </td><td style="text-align: right; width: 19%">6.43</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%">$</td><td style="text-align: right; width: 19%">0.148</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%">$</td><td style="text-align: right; width: 16%">1,813,031</td><td style="text-align: left; width: 1%"> </td></tr> </table>   The following table summarizes information about stock options exercisable at June 30, 2015:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Range of Exercise Price</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Number Exercisable</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Weighted Average Remaining Contractual Life (Years)</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Weighted Average Exercise Price</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">Intrinsic Value Exercisable Shares</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; width: 1%"> </td><td style="text-align: right; width: 16%">$0.09 - $0.26</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%"> </td><td style="text-align: right; width: 16%">8,481,203</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%"> </td><td style="text-align: right; width: 19%">5.18</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%">$</td><td style="text-align: right; width: 19%">0.146</td><td style="text-align: left; width: 1%"> </td><td style="width: 1%"> </td> <td style="text-align: left; width: 1%">$</td><td style="text-align: right; width: 16%">1,220,680</td><td style="text-align: left; width: 1%"> </td></tr> </table>

43146

0.19

0.230

0.094

0.0154

0.0266

0.025

0.0005

1.339

0.822

0.845

0.809

P6Y3M P6Y3M P6Y3M P6Y3M P5Y6M

12782237

13408324

12782237

8481203

0.148

733333

-733333

-106600

519487

0.150

0.15

0.280

8481203

0.146

.148

.146

.09

.27

.26

P6Y4M

P5Y2M

1813031

1220680

4301034

5858535

4431346

0.152

0.146

0.147

733333

0.280

863645

1127189

0.14

300000

0.16

106600

733333

0.09

0.095

.28

3020187

4250000

11000000

13000000

16000000

21000000

174895

85355

93107

157116

648865

P2Y4M

298026

9. Income Taxes   The Company utilizes FASB ASC 740-10, “Accounting for Uncertainty in Income Taxes - An Interpretation of FASB Statement No. 109”. FASB ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an entity’s financial statements in accordance with FASB Statement No. 109, Accounting for Income Taxes, and prescribes a recognition threshold and measurement attributes for financial statement disclosure of tax position taken or expected to be taken on a tax return. Additionally, FASB ASC 740-10 provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. No adjustments were required upon adoption of FASB ASC 740-10.   The Company is currently open to audit under the statute of limitations by the Internal Revenue Service for the fiscal years 2010 through 2013. The Company’s state tax returns are open to audit under the statute of limitations for the fiscal years 2009 through 2013.   The Company’s 2014 tax returns are currently on extension.   The provision for income taxes differs from the amount that would result from applying the federal statutory rate for the periods ended June 30, 2015 and 2014 as follows:     <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; font-weight: bold"> <td> </td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30,  2015</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">June 30,  2014</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 56%; text-align: left">Statutory regular federal income benefit rate</td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 12%; text-align: right">34.0</td><td style="width: 1%; text-align: left">%</td><td style="width: 8%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 12%; text-align: right">34.0</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">State income taxes, net of federal benefit</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2.7</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">5.3</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Change in valuation allowance</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(36.7</td><td style="padding-bottom: 1pt; text-align: left">%)</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(39.3</td><td style="padding-bottom: 1pt; text-align: left">%)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; border-bottom: Black 2.5pt double"> </td><td style="text-align: right; border-bottom: Black 2.5pt double">  </td><td style="text-align: left; padding-bottom: 2.5pt">%</td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: left; border-bottom: Black 2.5pt double"> </td><td style="text-align: right; border-bottom: Black 2.5pt double">  </td><td style="text-align: left; padding-bottom: 2.5pt">%</td></tr> </table>   In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of sufficient future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversals of deferred tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. Based upon the level of historical taxable income and projections for future taxable income over the periods which the deferred tax assets are deductible, management believes it is more likely than not that the Company will realize some portion or all of the benefits of these deductible differences. The Company’s glove business generally shows an increase in sales during the third and fourth quarters due primarily to an increase in the sale of the winter glove line during this period. The Company typically generates 55% - 65% of the glove net sales during these months. The change in valuation allowance is affected by the seasonality of the business.   As of June 30, 2015, the Company had unused federal and states net operating loss carryforwards available to offset future taxable income of approximately $4,000,000 and $5,000,000, respectively, that expire between 2015 and 2026.

0.340

0.027

0.053

-0.367

-0.393

4238141

5364801

10. Commitments and Contingencies    The Company entered into a five-year lease with one option to renew for an additional five years for a corporate office and warehouse lease commencing in July 2006. The Company exercised its five year option to renew this lease commencing in July 2011. The facility is located in El Segundo, California. As part of this renewal process we reduced our square footage by approximately 1,700 square feet of unneeded warehouse space in exchange for six months of rent concessions and approximately $40,000 for tenant improvements. Rent expense for this facility for the three months and six months ended June 30, 2015 was $2,032 and $4,063, respectively. The Company has sublet this facility for the remainder of its lease term as the Company relocated to Texas.   On June 11, 2014, the Company entered into a 42 month lease for a new corporate office facility in Farmers Branch, Texas, commencing in the third quarter of 2014. The Company relocated its corporate headquarters to Texas in the third quarter of 2014. This new facility is approximately 13,026 square feet and the Company has negotiated six months of rent abatement. The monthly base rent is $7,653 plus $3,449 for common area operating expenses. A security deposit of one month’s rent has been made in the amount of $11,102. As part of this process, we were granted $60,000 for tenant improvements. Rent expense attributable to this facility for the three months and six months ended June 30, 2015 was $26,193 and $50,456, respectively.   The Company has various non-cancelable operating leases for office equipment expiring through August, 2018. Equipment lease expense charged to operations under these leases was $3,593 and $3,072 for the three months ended June 30, 2015 and 2014, respectively. Equipment lease expense charged to operations under these leases was $7,842 and $5,602 for the six months ended June 30, 2015 and 2014, respectively.   Future minimum rental commitments under these non-cancelable operating leases for years ending December 31 are as follows:   <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="text-align: center; font-weight: bold; vertical-align: bottom"> <td colspan="3" style="border-bottom: Black 1pt solid">Year</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid">Facilities</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid">Equipment</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid">Total</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 1%; text-align: left"> </td><td style="width: 20%; text-align: left">2015</td><td style="width: 1%; text-align: left"> </td><td style="width: 5%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 19%; text-align: right">131,481</td><td style="width: 1%; text-align: left"> </td><td style="width: 5%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 19%; text-align: right">5,390</td><td style="width: 1%; text-align: left"> </td><td style="width: 5%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 19%; text-align: right">136,871</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> </td><td style="text-align: left">2016</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">181,609</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,139</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">191,748</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td style="text-align: left">2017</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">97,051</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,240</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">106,291</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="text-align: left">2018</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">16,175</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">5,775</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">21,950</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td style="text-align: left"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="text-align: left"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">426,316</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">30,544</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">456,860</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table>   Ironclad California executed a Consulting Agreement with Eduard Albert Jaeger, its founder and former CEO, effective in February 18, 2014. Pursuant to the terms of this two year Consulting Agreement, Mr. Jaeger would be paid an initial base fee of $225,000 for the first year of the agreement and a base fee of $150,000 for the second year of the agreement. In addition, the Company would reimburse Mr. Jaeger for 100% of the premiums for COBRA coverage for himself and his family for the first 12 months of the agreement. The Company would also reimburse Mr. Jaeger for any travel and lodging expense incurred while rendering services to the Company. The total expense recognized in the three months ended June 30, 2015 and 2014 for Mr. Jaeger’s fees and COBRA was $70,064 and $95,924, respectively. The total expense recognized in the six months ended June 30, 2015 and 2014 for Mr. Jaeger’s fees and COBRA was $124,134 and $148,553, respectively.

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="text-align: center; font-weight: bold; vertical-align: bottom"> <td colspan="3" style="border-bottom: Black 1pt solid">Year</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid">Facilities</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid">Equipment</td><td style="padding-bottom: 1pt"> </td> <td colspan="3" style="border-bottom: Black 1pt solid">Total</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 1%; text-align: left"> </td><td style="width: 20%; text-align: left">2015</td><td style="width: 1%; text-align: left"> </td><td style="width: 5%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 19%; text-align: right">131,481</td><td style="width: 1%; text-align: left"> </td><td style="width: 5%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 19%; text-align: right">5,390</td><td style="width: 1%; text-align: left"> </td><td style="width: 5%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 19%; text-align: right">136,871</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"> </td><td style="text-align: left">2016</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">181,609</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10,139</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">191,748</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td style="text-align: left">2017</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">97,051</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,240</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">106,291</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="text-align: left">2018</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">16,175</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">5,775</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">21,950</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td style="text-align: left"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1pt; text-align: left"> </td><td style="text-align: left"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">426,316</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">30,544</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">456,860</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr> </table>

136871

131481

5390

191748

181609

10139

106291

97051

9240

21950

16175

5775

456860

426316

30544

7653 3449

60000

40000

26196

50456

2032

4063

125134 70064 95924 148553

7842

3593

3072

5602

225000 150000

EX-101.SCH 7 icpw-20150630.xsd XBRL SCHEMA FILE 00000001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 00000002 - Statement - Balance Sheets (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000003 - Statement - Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000004 - Statement - Statements of Operations (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000005 - Statement - Statements of Cash Flows (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000006 - Disclosure - 1. Description of Business link:presentationLink link:calculationLink link:definitionLink 00000007 - Disclosure - 2. Accounting Policies link:presentationLink link:calculationLink link:definitionLink 00000008 - Disclosure - 3. Inventory link:presentationLink link:calculationLink link:definitionLink 00000009 - Disclosure - 4. Property and Equipment link:presentationLink link:calculationLink link:definitionLink 00000010 - Disclosure - 5. Trademarks and Patents link:presentationLink link:calculationLink link:definitionLink 00000011 - Disclosure - 6. Accounts Payable and Accrued Expenses link:presentationLink link:calculationLink link:definitionLink 00000012 - Disclosure - 7. Bank Lines of Credit link:presentationLink link:calculationLink link:definitionLink 00000013 - Disclosure - 8. Equity Transactions link:presentationLink link:calculationLink link:definitionLink 00000014 - Disclosure - 9. Income Taxes link:presentationLink link:calculationLink link:definitionLink 00000015 - Disclosure - 10. Commitments and Contingencies link:presentationLink link:calculationLink link:definitionLink 00000016 - Disclosure - 2. Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 00000017 - Disclosure - 2. Accounting Policies (Tables) link:presentationLink link:calculationLink link:definitionLink 00000018 - Disclosure - 3. Inventory (Tables) link:presentationLink link:calculationLink link:definitionLink 00000019 - Disclosure - 4. Property and Equipment (Tables) link:presentationLink link:calculationLink link:definitionLink 00000020 - Disclosure - 5. Trademarks and Patents (Tables) link:presentationLink link:calculationLink link:definitionLink 00000021 - Disclosure - 6. Accounts Payable and Accrued Expenses (Tables) link:presentationLink link:calculationLink link:definitionLink 00000022 - Disclosure - 8. Equity Transactions (Tables) link:presentationLink link:calculationLink link:definitionLink 00000023 - Disclosure - 9. Income Taxes (Tables) link:presentationLink link:calculationLink link:definitionLink 00000024 - Disclosure - 10. Commitments and Contingencies (Tables) link:presentationLink link:calculationLink link:definitionLink 00000025 - Disclosure - 1. Description of Business (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000026 - Disclosure - 2. Accounting Policies - Accounts Receivable (Details) link:presentationLink link:calculationLink link:definitionLink 00000027 - Disclosure - 2. Accounting Policies - Revenue Disclosures (Details) link:presentationLink link:calculationLink link:definitionLink 00000028 - Disclosure - 2. Accounting Policies - Product Returns, Allowances and Adjustments (Details) link:presentationLink link:calculationLink link:definitionLink 00000029 - Disclosure - 2. Accounting Policies - Earnings (Loss) Per Share (Details) link:presentationLink link:calculationLink link:definitionLink 00000030 - Disclosure - 2. Accounting Policies - Earnings Per Share, Anti-Dilutive Common Shares (Details) link:presentationLink link:calculationLink link:definitionLink 00000031 - Disclosure - 2. Accounting Policies (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000032 - Disclosure - 3. Inventory - Inventory (Details) link:presentationLink link:calculationLink link:definitionLink 00000033 - Disclosure - 3. Inventory (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000034 - Disclosure - 4. Property and Equipment - Property and Equipment (Details) link:presentationLink link:calculationLink link:definitionLink 00000035 - Disclosure - 4. Property and Equipment (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000036 - Disclosure - 5. Trademarks and Patents - Trademarks and Patents (Details) link:presentationLink link:calculationLink link:definitionLink 00000037 - Disclosure - 5. Trademarks and Patents (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000038 - Disclosure - 6. Accounts Payable and Accrued Expenses - Accounts Payable and Accrued Expenses (Details) link:presentationLink link:calculationLink link:definitionLink 00000039 - Disclosure - 7. Bank Lines of Credit (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000040 - Disclosure - 8. Equity Transactions - Warrant Activity (Details) link:presentationLink link:calculationLink link:definitionLink 00000041 - Disclosure - 8. Equity Transactions - Fair Value of Stock Options (Details) link:presentationLink link:calculationLink link:definitionLink 00000042 - Disclosure - 8. Equity Transactions - Stock Option Activity (Details) link:presentationLink link:calculationLink link:definitionLink 00000043 - Disclosure - 8. Equity Transactions - Stock Options Outstanding, Information (Details) link:presentationLink link:calculationLink link:definitionLink 00000044 - Disclosure - 8. Equity Transactions - Non-Vested Stock Options (Details) link:presentationLink link:calculationLink link:definitionLink 00000045 - Disclosure - 8. Equity Transactions (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000046 - Disclosure - 9. Income Taxes - Income Taxes (Details) link:presentationLink link:calculationLink link:definitionLink 00000047 - Disclosure - 9. Income Taxes (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000048 - Disclosure - 10. Commitments and Contingencies - Commitments and Contingencies (Details) link:presentationLink link:calculationLink link:definitionLink 00000049 - Disclosure - 10. Commitments and Contingencies (Details Narrative) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 8 icpw-20150630_cal.xml XBRL CALCULATION FILE EX-101.DEF 9 icpw-20150630_def.xml XBRL DEFINITION FILE EX-101.LAB 10 icpw-20150630_lab.xml XBRL LABEL FILE U.S. Trademarks Finite-Lived Intangible Assets by Major Class [Axis] In Use U.S. Trademarks U.S. Trademarks Pending Registration International Trademarks International Trademarks Pending Copyright Marks Domestic Geographical [Axis] Gloves Segments [Axis] Apparel International Customer Concentration Risk [Member] Concentration Risk Benchmark [Axis] Supplier Concentration Risk [Member] Computer equipment and software Property, Plant and Equipment, Type [Axis] Office furniture and equipment Leasehold improvements Trademarks [Member] Patents [Member] Options Outstanding Option Indexed to Issuer's Equity [Axis] Options Exercisable Minimum [Member] Range [Axis] Maximum [Member] Internal Revenue Service (IRS) [Member] Income Tax Authority [Axis] State and Local Facilities Other Commitments [Axis] Equipment Corporate Document And Entity Information Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Is Entity a Well-known Seasoned Issuer? Is Entity a Voluntary Filer? Is Entity's Reporting Status Current? Entity Filer Category Entity Public Float Entity Common Stock, Shares Outstanding Document Fiscal Period Focus Document Fiscal Year Focus Statement of Financial Position [Abstract] ASSETS CURRENT ASSETS Cash and cash equivalents Accounts receivable, net of allowance for doubtful accounts of $30,000 and $30,000 Inventory, net of reserve of $547,800 and $547,800 Deposits on inventory Prepaid and other assets Deferred tax assets - current Total current assets PROPERTY AND EQUIPMENT Computer equipment and software Office equipment and furniture Leasehold improvements Less: accumulated depreciation Total property and equipment, net Trademarks and patents, net of accumulated amortization of $63,328 and $60,945 Deposits Deferred tax assets - long term Total other assets Total Assets LIABILITIES AND STOCKHOLDERS' EQUITY LIABILITIES CURRENT LIABILITIES Accounts payable and accrued expenses Line of credit Total current liabilities Total Liabilities STOCKHOLDERS' EQUITY Common stock, $.001 par value; 172,744,750 shares authorized; 81,648,562 and 80,808,629 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively Additional paid-in capital Accumulated deficit Total Stockholders' Equity Total Liabilities and Stockholders' Equity Allowance for doubtful accounts (in Dollars) Inventory reserve (in Dollars) Accumulated amortization, trademarks (in Dollars) Common stock, par value (in Dollars per share) Common stock, shares authorized Common stock, shares issued Common stock, shares outstanding Income Statement [Abstract] REVENUES Net sales COST OF SALES Cost of sales GROSS PROFIT OPERATING EXPENSES General and administrative Sales and marketing Research and development Purchasing, warehousing and distribution Depreciation and amortization Total operating expenses LOSS FROM OPERATIONS OTHER INCOME (EXPENSE) Interest expense Interest income Other income, net Gain on disposition of equipment Total other income (expense) NET LOSS BEFORE PROVISION FOR INCOME TAXES BENEFIT FROM INCOME TAXES NET LOSS NET LOSS PER COMMON SHARE Basic Diluted WEIGHTED AVERAGE COMMON SHARES OUTSTANDING Basic Diluted Statement of Cash Flows [Abstract] CASH FLOWS FROM OPERATING ACTIVITIES Net loss Adjustments to reconcile net loss (used) provided by operating activities: Allowance for (recovery of) bad debts Depreciation Amortization Inventory reserve (recoveries) Stock option expense Changes in operating assets and liabilities: Accounts receivable Inventory Deposits on inventory Prepaid and other Accounts payable and accrued expenses Net cash flows (used) provided by operating activities CASH FLOWS FROM INVESTING ACTIVITIES Property, plant and equipment purchased Proceeds from sale of assets Investment in trademarks Net cash flows used in investing activities CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from issuance of common stock Proceeds from bank line of credit Payments to bank line of credit Net cash flows provided (used) by financing activities NET INCREASE (DECREASE) IN CASH CASH AND CASH EQUIVALENTS BEGINNING OF PERIOD CASH AND CASH EQUIVALENTS END OF PERIOD SUPPLEMENTAL DISCLOSURES Interest paid in cash Income taxes paid in cash Organization, Consolidation and Presentation of Financial Statements [Abstract] 1. Description of Business Accounting Policies [Abstract] 2. Accounting Policies Inventory Disclosure [Abstract] 3. Inventory Property, Plant and Equipment [Abstract] 4. Property and Equipment Goodwill and Intangible Assets Disclosure [Abstract] 5. Trademarks and Patents Payables and Accruals [Abstract] 6. Accounts Payable and Accrued Expenses Debt Disclosure [Abstract] 7. Bank Lines of Credit Equity [Abstract] 8. Equity Transactions Income Tax Disclosure [Abstract] 9. Income Taxes Commitments and Contingencies Disclosure [Abstract] 10. Commitments and Contingencies Basis of Presentation Basis of Consolidation Use of Estimates Cash and Cash Equivalents Accounts Receivable Inventory Property and Equipment Trademarks Long-Lived Asset Impairment Operating Segment Reporting Revenue Recognition Revenue Disclosures Cost of Goods Sold Product Returns, Allowances and Adjustments Advertising and Marketing Shipping and Handling Costs Customer Concentrations Supplier Concentrations Stock Based Compensation Earnings (Loss) Per Share EX-101.PRE 11 icpw-20150630_pre.xml XBRL PRESENTATION FILE XML 12 R39.htm IDEA: XBRL DOCUMENT

7. Bank Lines of Credit (Details Narrative) - USD ($)	12 Months Ended
7. Bank Lines of Credit (Details Narrative) - USD ($)	Dec. 31, 2014	Dec. 31, 2012	Jun. 30, 2015
Debt Disclosure [Abstract]
Line of Credit Facility, Revolving Credit Descriptions	On November 28, 2014 we entered into a Revolving Loan and Security Agreement with Capital One, N.A. which provides a revolving loan of up to $6,000,000. All advances, up to the line limit of $6,000,000, are subject to a Borrowing Base report. The term Borrowing Base means an amount equal to (a) 80% of the net amount of all eligible accounts receivable plus, (b) 50% of the value of eligible landed inventory, plus (c) 35% of eligible in-transit inventory. In addition, the outstanding principal amount of all advances against eligible inventory shall not exceed 50% of the total line limit. All of our assets secure amounts borrowed under the terms of this agreement. Interest on borrowed funds will accrue at LIBOR plus 2.80%, or 2.97%, until such time as the Company’s trailing twelve month EBITDAS (Earnings Before Interest, Taxes, Depreciation, Amortization and Stock compensation expense) exceeds $1,000,000 at which time the rate will decrease to LIBOR plus 2.50%. The interest rate at March 31, 2015 was 2.97%. This agreement contains a Minimum Debt Service Coverage Ratio covenant and a Tangible Net Worth covenant. At March 31, 2015, the Company is in compliance with all covenants. At March 31, 2015, we had unused credit available under our current facility of approximately $3,678,811.	On November 30, 2012 we entered into a Business Loan Agreement with Union Bank, N.A. which provided a revolving loan of up to $6,000,000. The first $3,500,000 of advances under this facility were under an open line-of-credit. Advances in excess of $3,500,000, up to the line limit of $6,000,000, were subject to a Borrowing Base report. The term Borrowing Base means an amount equal to (a) 80% of the net amount of all eligible accounts receivable plus, (b) the lesser of (i) 50% of the value of eligible landed inventory and (ii) $2,750,000, plus (c) 35% of eligible in-transit inventory. In addition, during the months of April to October each calendar year, the outstanding principal amount of all advances against eligible inventory were not to not exceed 150% of the aggregate outstanding principal amount of advances against eligible accounts receivable. All of our assets secure amounts borrowed under the terms of this agreement. Interest on borrowed funds were to accrue at Prime minus 0.25% unless we chose to “fix” a portion of the indebtedness (minimum $150,000) at LIBOR plus 2% for fixed periods of time ranging from 30 days to 360 days. This loan expired on November 30, 2014 and was paid off with the proceeds from the Capital One, N.A. line described below.
Unused Credit Available			$ 4,739,618
Total Due, Credit Line	$ 2,586,034		$ 3,260,382
Interest Rate			2.684%

- Definition

The carrying value as of the balance sheet date of the current portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

XML 13 R48.htm IDEA: XBRL DOCUMENT

10. Commitments and Contingencies - Commitments and Contingencies (Details)	Jun. 30, 2015 USD ($)
2015	$ 136,871
2016	191,748
2017	106,291
2018	21,950
Future Minimum Rental Commitments	456,860
Facilities
2015	131,481
2016	181,609
2017	97,051
2018	16,175
Future Minimum Rental Commitments	426,316
Equipment
2015	5,390
2016	10,139
2017	9,240
2018	5,775
Future Minimum Rental Commitments	$ 30,544

EXCEL 14 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0````(``AN#$```3````6T-O;G1E;G1?5'EP97-= M+GAM;,V9S4[C,!2%7Z7*%C6N?V`81-D`6T""%_`DMXW5.+9L4\K;8Z>`9JHR M@ADJG4U^>J[O.L3ODV M+)G7S4HOB8G9[(0U;D@TI&DJ/:J+\]LUA6!:FEQNA=)[7FGO>]/H9-S`UD.[ MTW7J%@O34.N:1YN7U"E;TU'6J\F=#NE&V]R";7HV"MLCKXO.OL)^;=YE=7X*8?= MA7]+9FP9FA^6?ZPH]__X+#LO<6W[JZ"?S([!^F!C*N?::C/L&]63"ZM?SJV^ M:J6VJD/N3`DLV>7Y.*[K$:66_^7]]M.:5R@3QF6P@-^%)T.U-ZGD.>[ M_]OXO>!P.[%````*P(```L```!?.0Q(OW[CMB`PD.MQ-*O>X^NO`ZIK`XTHO8< M4M?'5$Q^#*G*_=ITJK$"2+8CCVG!D4*>-BP>-9?20D0[8$NP+,L5R*V.V:SG MVL7.U49V[M,41Y26M#;3"&>6X9MY6&3I//B)]!=C;IK>TI;MR5/0!_ZS#0// M>997'L=V+YRO+0O]C^AY%.!)T:'B1?4C9@,2[2F]@OIZ`(4QOCLEFI2"(S>C M@KN_V/P"4$L#!!0````(``AN#$=AI.76UP$``"`>```:````>&PO7W)E;',O M=V]R:V)O;VLN>&UL+G)E;'/%V%;L;B`#-^/[<2*L\HFVZ8W@.RQ ML6(#8J9J??>A7E1NDCG*PM+9@`#IFW?U@(;'+M6K'_'8Y$/?I?8PI-F?T[%+ MJ^G^NFIS'E8AI$T;3TVZZX?834]W_7AJ\G0Y[L/0;-Z:?0Q:UXLP7L^IGAX_ MSIZ];-?5^+*5:O:S&?3W$T+3(_/0_S.\OUN=]C$YW[S MZQ2[_$5%^+=`%J`$20UDK#E)"&N.U@*X%H[7`L`6CM@"R!:.V0+0%H[:`M@6CML" MX!:.W`+H%H[=`O`6CMX*]%:.W@KT5M*W-OK8YNBM0&_EZ*U`;^7HK4!OY>BM M0&_EZ*U`;^7HK4!OY>BM0&_EZ&U`;^/H;4!OX^AM0&\C[96@S1*.W@;T-H[> M!O0VCMX&]#:.W@;T-H[>!O0VCMX&]#:.W@[T=H[>#O1VCMX.]':.W@[T=M)> M-]KLYNCM0&_GZ.U`;^?H[4!OY^CM0&_GZ.U`;^?H/;_2.[7-&+>O>3QT^W3K MFO^&PZ(KO%,^'^/M4RY38<.5UGE:*8;+\>:OCLO4OR'AT\_@IW=02P,$%``` M``@`"&X,1_YE&[09`P``[0P``!````!D;V-0&ULO5=-<]HP M$/TK&D[M`9NOIH$AGDD@F78F39A"R%F1%]!@)%>2*?37=R4#-<2XJ(=RDM?O M:7???HSI"]WHC91,01D.FFQ6B=`]--[4%L:DO3#4;`$KJ@.$"'P[DVI%#3ZJ M>2AG,\Y@*%FV`F'"5J-Q%<+&@(@AKJ>'2VM1WWJY3=.$,VJX%-$WSI34Q[U_NM9B" MTC;39BMHX.\@P=Z>WPTTYF(^HESIJ+\VO34P(]6N3&OSKU6*);-%U],)QJ=K MY(UJL,>;VIHJ3H6I$ZU\7<`94+\A#(G]6LN[RS07H'4IO!606\9D MAC*).1E)''+<"J70=H`RKC$:J;:E@$Y`=MMJFVO_(^.I#;\4_2D@$T5C;`=L M5HE;PDX#AI5!N52?`[('15+\FC3=PKB:N#ET5P'+ER, M'(,2FC)7G%)HU^K`Y`K(A&[.:-5L!`0WVXJ;O'PVU(%T(H-@W*,4V%SYR8LS ML0+I\DXLUK$:>;:@.PT<^#*&\\\Z4 ML+ZS^G&^`Q8V\^-@B>.,^7'NJ1+<,S;+:3>\VA@UHSSY^SK"VPLM[5@7M/[N M=O)$E5W&Z_(1.S\$3CK?P;%./0>G;E_X#MM9/Y7#UK[VV:1["7T&M$Y>K=SE MO7.6\X`?&V3JQQD;R9;$G]-I^W&>I*A/RWOGW)*JZNO3)54_?KQLL1VWMO]^ MZY3W036G^^YKL_C9>/*1&![_N8E^`U!+`P04````"``(;@Q'Q5)&1CX!``!I M`P``$0```&1O8U!R;W!S+V-O&ULS9--3\,P#(;_"NJ]2],!FJ*N!T"< MF(3$$(A;2+PMK/E0XJGKOR?+2LN`RV[5K(&517!,-R"5'3@[`W`W$ MK*ZD8,(#1^M[O!0#WNU\DV!2$&A`@\%`Z(22K'XV6V-;4Y%17U?1<<,#+JQ4 M*P7RIAO+?J=B9P2OPU$.FY'7Q\)3. M)E?;5^65Z>[>\S^JRH%=Y,,O@VF[J+"!,W>;-#(M-WTFD(0@O'*HK#D+ES#?Q`D6=N\?(/!\4"], MEVT+76N]#'6Z7V-T>#EQ96OKNV/J1W3RJNI/4$L#!!0````(``AN#$>97)PC M$`8``)PG```3````>&PO=&AE;64O=&AE;64Q+GAM;.U:6W/:.!1^[Z_0>&?V M;0O&-H&VM!-S:7;;M)F$[4X?A1%8C6QY9)&$?[]'-A#+E@WMDDVZFSP$+.G[ MSD5'Y^@X>?/N+F+HAHB4\GA@V2_;UKNW+][@5S(D$4$P&:>O\,`*I4Q>M5II M`,,X?+&A`T%11 M6F]?(+3E'S/X%/F7/Z3H=,H%N,!M8('_. M;Z?D3EJ(X53"Q,!J9S]6:\?1TDB`@LE]E`6Z2?:CTQ4(,@T[.IU8SG9\]L3M MGXS*VG0T;1K@X_%X.+;+THMP'`3@4;N>PIWT;+^D00FTHVG09-CVVJZ1IJJ- M4T_3]WW?ZYMHG`J-6T_3:W?=TXZ)QJW0>`V^\4^'PZZ)QJO0=.MI)B?]KFND MZ19H0D;CZWH2%;7E0-,@`%AP=M;,T@.67BGZ=90:V1V[W4%<\%CN.8D1_L;% M!-9ITAF6-$9RG9`%#@`WQ-%,4'RO0;:*X,*2TER0UL\IM5`:")K(@?5'@B'% MW*_]]9>[R:0S>IU].LYKE']IJP&G[;N;SY/\<^CDGZ>3UTU"SG"\+`GQ^R-; M88C'(CN]WV6'WV M3T=N(]>IP+,BUY1&)$6?R"VZY!$XM4D-,A,_")V&F&I0'`*D"3&6H8;XM,:L M$>`3?;>^",C?C8CWJV^:/5>A6$G:A/@01AKBG'/F<]%L^P>E1M'V5;SCFED)O816:I^JAS0^J!XR"@7QN1X^Y7IX"C>6 MQKQ0KH)[`?_1VC?"J_B"P#E_+GW/I>^Y]#VATK\>WZV22$KYI9+2,6D$N!LT$DN/R+ MRO`JQ`GH9%LE"0AMNZ5/U2I77Y:^Y*+@\6^3IKZ%T/BS/^3Q? MY[3-"S-#MW)+ZK:4OK4F.$KTL@'37[]EUVY".E,%.7 M0[@:0KX#;;J=W#HXGIB1N0K34I!OP_GIQ7@:XCG9!+E]F%=MY]C1T?OGP5&P MH^\\EAW'B/*B(>ZAAIC/PT.'>7M?F&>5QE`T%&ULK"0L1K=@N-?Q+!3@9&`M MH`>#KU$"\E)58#%;Q@,KD*)\3(Q%Z'#GEUQ?X]&2X]NF9;5NKREW&6TB4CG" M:9@39ZO*WF6QP54=SU5;\K"^:CVT%4[/_EFMR)\,$4X6"Q)(8Y07IDJB\QE3 MON>;G*YZ(G;ZEW?!8/+]<,E'#^4[YU_T74.N?O;=X_INDSM(3)QY MQ1$!=$4"(Y4U#VT%SU&\Z.9X!ZSAW.;>KC" M1:S_6-8>^3+?.7#;.MX#7N83+$.D?L%]BHJ`$:MBOKJO3_DEG#NT>_&!()O\ MUMND]MW@#'S4JUJE9"L1/TL'?!^2!F.,6_0T7X\48JVFL:W&VC$,>8!8\PRA M9CC?AT6:&C/5BZPYC0IO0=5`Y3_;U`UH]@TT')$%7C&9MC:CY$X*/-S^[PVP MPL2.X>V+OP%02P,$%`````@`"&X,1TJ.E4!'`@``X`D```T```!X;"]S='EL M97,N>&ULS59M:]LP$/XK0AVCA1';*4W9:AM&(3#8RJ#YT&]%MF5'H!=//F=. M?_WTXMA)($N;=:7^HM.CN^<>G>2SXP;6G-XO*074"2Z;!"\!ZB]!T.1+*D@S M43659J546A`P4UT%3:TI*1H;)'@P#<-9(`B3.(UE*^8"&I2K5D*"+P<(^?A; M5=`$/YY__-4JN/F`_'CVZ>PL?+RXV33L+P,+%= MW".?O9#\;]Q[U->6.N@+E,:EDF.=IM@#:=P\H17AQC^R[KGB2B,P!V$T.$02 M0;W'+>$LT\R")1&,KST\M8`[N]Y/,*FTR^TS[.>9A&,F764)#OOG^>FRD=T- M=GN,\]WM&2"-:P)`M9R;">KMQ;HVFY-*4B_2^1WQKC191].KK0`WF+R9T@75 M0^8(;Z`TYK0$$Z!9M;0CJ-I*5P!*&*-@I%*2<$NYB>@-0YM3SN_MF_)0[G!W M)?(^]HQ#C*R*C6D*T9OC-7!%#;;9//O]/A!Q1E+>/`Y$8#L=_D.ZN;[S3?L;L;SJ(; M&[M;!9*9WZV=+(:LH"5I.?QD*P5N,<&C_=W*CV:#UV*@2/!H_Z`%:\5GIV#\ MITO_`%!+`P04````"``(;@Q'`6:Q$D\$``!<$```#P```'AL+W=O>%=*)8),P7]9/H M59BF/FED&0JSZ2R9!-CK4*\-R74A.MAR+>V/S8N$%&+%F](M?6=?O[M(4LHH MG7>,\+=;*9XL`D,%X;F3CV+)[Q;)-"&\6=+*5[623M0TQX:H@Y\IY M"KE47?#\U(0^^#]?%NV'S;'T#^:R2+NI0M`)+[G*!6E'8,G!OXHW;;#^``8% M!GV?<A(@)TT5BIA+3#FP)AO,^B8_)GGNO%!4O?D6IH-4AM#K<;L7&Y-KX-6V\&*TC_S6R#E,"B"-` M'&TC9F.R-+SPV<$\V!9R[:?53RK:-46]IMN0^:_16]_\A7O+6Y2O-(W`4*0] M4R.J?AJ3$ZX>R-<0@#:P1GA5$8&BIA%3#\?M1/@Y\2-3-F0&[Q<24-$TXNA1 MB$:N*T&6_+D7QA2E3"-6IM,Q.=55)5VG9IB&4]UJ(50N$85:IA$OXT[YE=<] M(0KM3/?6DQPL0Z@LKMX414W?,34*0&?3CTC;T1"%[J8?D7<+15%A^E&%:8HH M5)A&%([[%YLKVLNY$97?B!AEH,PT(O-.(RE#%,I-8W(/9DIR<"9PD5*4F^XO M]VA3BRB4F^XO]XA\%][3!E$H-XW(/8CRQA9-CBC4G$8T'T2=,1,E_5.%Q';A[-+&T1$H>U9Q/8=B2IT$5%H>Q:Q?3A1C<(+1*'M6<3V M'3GO;:_0]BQB^\ZA[2QB M^R#J@DM#;A&%MK/]D_J(W#B=/Q!$H>UL[_/)!L4R1*'M+&+[(.I*J]$M+AS6 M.TU';!_:M;8S`T/;6<3VM[O6J%]$%-K.(K9O;8#]Y(`HM)U%;-^Y#S*TG:'M M+&+[;M01HM!V=K2Y^_V^[OD;KU\Q1;@,V_8S_C*5AQNR_^D.NVP6CD&A_(^_ M-2^2<+7UM]BF+$]]W3?U5?/V`MB17^_$7_X'4$L#!!0````(``AN#$&PO=V]R:W-H965T&UL?5;;CILP$/T5 MQ`I6YI M)VK6>9Q>]_X![4XHU1"#^%G302S&GG;^S-B[GGR_[/U0^T`;6DIM@JC7@YYH MTVA+2OGW9/134Q.7XZ?UKR9A[%WHE]T:^L>$;G6)( MM,&2-<(\O?(N)&N?%-]KRP_08I,>&'B_HB74`+B*%!1)0 M(''HF24P(A*#Z,83CD*4(0S+I*!,ZLAL+!D7L84%,E`@<^C(3A4`LI(K&U!B MX_*M9#D"D)5LV8(26Y$70M;6\7%X'!%!:YA%+D6D*T"8%8J!,&ECMQ*QI'U,9HPRV+ M).F:%ESUR"U[;"?:A$F7F+5,@XL>N36-G4Q+G8APZ&1TL&@8+>4WTTB%5[)[ M9_KV8G5NU@=L&LXGO,A[YU!LR`FA":9(;NOU\G9"B<<]Q6(PU)>(_].$Z>F"S.3?NM MV\?8SW[4U;%[G._[_O10%-UF'^NR>]^+\=B7=KEH7OKJ<(Q?VEGW4M=E^]\J5LWY<2[G;P>^'I[W_7"@ M6"Z*:]WV4,=C=VB.LS;N'N;EZYOZK>2^:PN?UP^#\?Q\WSYQHNI MC"^`J0"N!5+_LD!-!0H5%!>R<5P?R[Y<+MKF/&LODW$JASF7#RJ=NAW:FR.H2@=O(?6+-)/PU4J3^KQ#`0L!8KV[K`U^OV'HU MUNN;>B70("X1-T:.4Q?2"HM&0F-*BR`43Z-9&DUI)**Y1,Q--T:!M0&?6)JS MX)50P/,8EL=0'M3/RI!^O'?>^X!X:,Y)4-9HGL>R/);R*,1C23_@?'`HMJ8Q M:Z73&1K'TCA*HQ&-HV='!(DG=4UCQEH!F;GR+(VG-`;1>-*-3)>$0!?\^K>Q M.YK`T@1*@VZ85:#=&&=]NKD0#Q>4QBMC>*)!OIRO!'&%*T_2 MN73*!GP!6W,Y8X3/G65>J)(:56.C3IF[ M&74@M,=$3,Z&(#)WJ>2E*JE5-;:JI+I\YX06DDP;$[1:!I/QO.3%*JE9-3:K MI,I4PCA#SA+-01#6V0P1KU9)W:JQ6R6UIE0BB1,3<3DC;&[>>+U*ZE>-_2JI M.4%)H3$0$QO(,SR\8"4UK,:&E8P[K0[4L7\0O&?B-2NI9S7VK&3\Z04X:S`3 M&S3*99B`]RP(RH07AE/FW@`^V5_BJ6.38'2Z-S-4O+M!$OOKW$HSL]2DKM78 MM<"Y%IC5(A`1XVP*UK<&V!6K1M&(4RN,E(Q-,3"F9N6^!]RU0WQKL M6V"6L=[+X+'K1#!,3_"43;URPY(K,/46`-R10 M0QIL2&"6H(-I\)BXE6KZR_#PA@1J2(,-"51\Z!=R10 M1QKL2*#J>^>-UWK1<=OKF]/;BZ/KV:OD_4$L#!!0````(``AN M#$=9,2-Z)@(```X'```8````>&PO=V]R:W-H965T&ULC97; MCML@%$5_Q?('!'S!E\BQU+BJVH=*HWEHGTE"8FNP<8'$T[\O8,=U,)I,(H7; MWN>L`Q$4`^-OHB9$>N\M[<3.KZ7LMP"(8TU:+#:L)YU:.3/>8JF&_`)$SPD^ M&5-+00AA`EK<='Y9F+D77A;L*FG3D1?NB6O;8OYW3R@;=G[@WR=>FTLM]00H M"S#[3DU+.M&PSN/DO/._!-LJUPHC^-6002SZGF8_,/:F!S]..Q]J!$+)4>H( M6#4W4A%*=2"5^,\4\W]*;5SV[]&_F6H5_0$+4C'ZNSG)6L%"WSN1,[Y2^F`1T:%^?6.5R%9>[?X7HO?Q[;I3#N,*PA.-KJR//-A&:N>.>M)LE%E3E0DU>RM17H";CC-)]J,D M7$C"1T7E4&2S!*C\,T3HA`B-/UKX$^CV1TY_9/SQTA]818R2U$@Z(XF@^EB% M/%,]L,1.EGC-8FW7?I2@1184I]D*YJGL@08Y:=":)K)HT*KF)(H6YS?".%0P MCY&;)7&R)&N6V&(9)=DB"]Q`:)UE]4SUP)(Z6=(U"[)8TM7V!VF8QG&*[(/Z MC/*!*7,R96NFQ&+*5IFR((DS9/_%*H<0JF\2YFZBW$F4KXE2BRC_+)%#Z"8" MBZNKQQ?R$_-+TPGOP*2Z!%^/`\GZ M^^LS/X'E/U!+`P04````"``(;@Q'S['"/>`$``"T%P``&````'AL+W=O]R[)F\JO(#_7C=-[K$CK^_*8'>(W+V55I$W\6+TF];'*TFT75.2)%,(F1;H_3.>S[MJW M:CXKWYI\?\B^59/ZK2C2ZK]%EI>GQRE,/RY\W[_NFO9",I\EE[CMOL@.];X\ M3*KLY7'Z!`]K)5JD(_[99Z=Z\'[2)O]BS2'+LTW3#I'&E_=L MF>5Y.U*<^=]^T,\YV\#A^X_1_^CDQO2?TSI;EOF/_;;9Q6S%=++-7M*WO/E> MGO[,>@VF'7!3YG7W?[)YJYNR^`B93HKTU_EU?^A>3^=OM.O#^`#9!\A+P&4> M/D#U`>HS0'\9H/L`_;LSF#[`H!F2L_:N>SJCQ-JO-R'].VJ^#!Q+79 MM!>[I>B^B[6KX]7WN?6SY+T=IT<69T0.D7"-K"@"%R*)\U^2D%P2"TG"Y?4$ M2THX@7*X.#V,1RDNSHCKD$.'&'`0K$7U MH)SV$*1!XZTH%YP*5J,%7#.<#\9XQ^LSK#Y#ZZ/X>,O&6UH?C>IS1LP@3Z6" M41;W"\.!!1,,J@_E;*RV)O5A.&>]\YK7YUA]CNI#^2P+6#&>4$6%D]VB=B=MJ!=5']EI!,U=*2[S^#&=-D!;W-\-%B5+A MAEIS8+RM]%B'PXB=`-48L$9@RNE!X7N8XV+JBFBDG(JY"[S],US<,(,?Z7%@ MO>H))%'H!58HZ4PZM@Q91F\UX*GB5N.\':OZ>),OX,-T# MOX:N3R.\44MJU+B#EY+Q2WS7KV]`U[GPABJIH7ILJ#WC4(/B?EA*Q@`U[F)N ML-C%9#-F!KNS\18>4<>;J:1F&K"9]LQ50F!#P$VXY,"X33FR&;.@]1XLULB` MSBDA1C9CR1NJI(8:QCJ2-RU)32M@TY+T##=2)P;DZ\2!;)T8\,LZ\:8EZ0$R MC/43;PB2'B$#/D+VS#!9@2MT$UG=1M8]$H95$?=B;.5Y@Y+4H/`A=M$S7RJZ MB:QN(^L>^5U%O'-)>DP,8WW">X6D7D%7F=J`AWA\\.2LR)#.`3AP@"O$C2D` MK,5^R(T9+3YNR2/]K'@G4M2)R.HK:C(C2AER1"D[)JN4&Y-7F@P>2199]=H] M#*XGF_+MT+3M,+AZ>>#\)-M'FNCZ`AZ6P%Q?PO^ M4$^>RZ8IB^YQYTM9-ED4(.YCZKLLW5X^Y-E+T[YU\7UU?JA\_M"4QX]GY)<' M]?/_`5!+`P04````"``(;@Q'I:*C@48$``#J$@``&````'AL+W=O]BJJ3GLGAT0 M@1H;L[839M]^94.(:;7F`MC\+?UJ69_:6IZ;]F>W][Z?_:JK8_UV7WI3GY8_AGU[1UV8?+]C7K3JTOMV-0766H5)[5Y>$X7RW'>]_;U;)Y MZZO#T7]O9]U;79?M?\^^:LZ/-WWPXULM-_861=N/N^=[".%5;)/9`X!AKC:3J&0H[78KP>X_4T MWK$<7"1VE!Q'R0+SHH"<#47064MAS)?1D^/I5T:C!ZL(QW?JJFUH"8P$2 MSRXD@`*1I8)G^*JYZVEB^[X;D2I/@,(B23F5L0$D)"^"'T7)8I11^"* M:.9B&8!USF'"D0Q%$*@(BEN*B;?(30XZFKM8B+FVJ%-IDO$(+EZ[D*HI9/"A M`#[@6P_&X`N[,>BH_HC!MR"'.K%T408?QN`#(-Y53#ZD1/90)A^BT(_F0\=X MZ)3S/>BJNI]X2NU!*&,4!8P"WX,PQF.8"J-X_23IM*'4'H0R15$+#UBJ"1EY M&",OK#\^JIAEH5+C)=!:DN4*4T^\##P4@`=\9\"88U8[[8"O9$'HE-$N47&A MS#L4"D#@P,.89(N\0!5V46Y*4)(*`U")Z@MEZ*$`/>30PYAE>:')$U=T"T0 M#)%++1,9>B@4A0C&V2(4H"1)%#E&(XANK'\=)Z M+>F`;&I;)QFB)$`4>:E!`D1=6%$<)H(NE#Y8I+(D\Y:$2A-UHHG$"ZJ`2.2( MI+C2I+!V.4P$6>X@L860S$<2JDSD?,PF1PBU;U_'HY5NMFG>COWPMCZY>SN^ M><+A"(+=?X:']>40YK.9U?)4OOJ_RO;U<.QF+TW?-_5X#+%KFMX'C^I+F+:] M+[>WB\KO^N&G#;_;RU',Y:)O3A\G2[?CK=7_4$L#!!0````(``AN#$>683DL MG@$``+$#```8````>&PO=V]R:W-H965T&UL?5/;;MP@$/T5 MQ`<$+[NY=.6UE$T5)0^5HCRTSZP]ME&`<0&OT[\O8*_CI%9?@!GFG#DS#/F` M]LVU`)Z\:V7<@;;>=WO&7-F"%NX*.S#AID:KA0^F;9CK+(@J@;1B/,MNF!;2 MT")/OA=;Y-A[)0V\6.)ZK87]DC@PC;&1Y`J4@4$O^>.#]2 M1N#R?&%_3-4&]2?AX`'5+UGY-HC-**F@%KWRKS@\P53"=20L4;FTDK)W'O4% M0HD6[^,N3=J'\>8NFV#K`#X!^!<`&Q,EF=^%%T5N<2!V;&TGX@MN]CPTHHS. M5'>Z"T)=$Z+#;_-V3D233'',88O8^8(%MCG%'PMQ9'_`^?K\.VJPFV";S\I MO%LGV*T2[!+![K\EKL5\^Y*$+7JJP39I=!PIL3=I4!?>>3KO>7J3C_`B[T0# M/X1MI''DA#Z\;.I_C>@A2,FNKBEIP_^9#06UC\?;<+;C2(V&Q^[R0>9?6OP% M4$L#!!0````(``AN#$>WN#+%G@$``+$#```8````>&PO=V]R:W-H965T&UL?5/!CMP@#/T5Q`V82)T$+.`4R MV?Y]@62R:9OV`MCX/3\;4TYH7UP/X,FK5L:=:._]<&3,U3UHX>YP`!-N6K1: M^&#:CKG!@F@22"O&L^P=TT(:6I7)]V2K$D>OI($G2]RHM;`_SZ!P.M&&_)>[%_*F2;7JJP79I=!RI M<31I4#?>=3H?>'J3M_"J'$0'7X7MI''D@CZ\;.I_B^@A2,GN[BGIP_]9#06M MC\?WX6SGD9H-C\/M@ZR_M/H%4$L#!!0````(``AN#$<`R3*+GP$``+$#```8 M````>&PO=V]R:W-H965T&UL?5/!;MP@$/T5Q`<$K^UMJY77 M4C95U!PB13FT9]8>VRC`.(#7Z=\7L-=Q$JL78(9Y;]X,0S&B>;$=@"-O2FI[ MI)US_8$Q6W6@N+W!'K2_:=`H[KQI6F9[`[R.("59FB3?F.)"T[*(OB=3%C@X M*30\&6('I;CY>P*)XY'NZ-7Q+-K.!0:!`D@H7*!@?OM`G<@92#RB5]GSO>4`;@^7]GO8[5> M_9E;N$/Y1]2N\V(32FIH^"#=,XZ_8"YA'P@KE#:NI!JL0W6%4*+XV[0+'?=Q MNLG2&;8-2&=`N@!^)%'XE"C*_,D=+PN#(S%3:WL>7G!W2'TCJN",=<<[+]1Z M[Z7<95G!+H%HCCE-,>DZ9HE@GGU)D6ZE.*5?X.DV/-M4F$5X]D%AODV0;Q+D MD2#_;XE;,?M/2=BJIPI,&T?'D@H''0=UY5VF\S8^(GL/+XN>M_#(32NT)6=T M_F5C_QM$!UY*Z"=<_V>,5MUH+B]PAZTOVG0*.Z\:5IF>P.\ MCB`E698D-TQQH6E91-^+*0L$! MI`Q$/O'[S/F9,@#7YPO[CUBM5W_B%AY0_A:UZ[S8A)(:&CY(]XKC3YA+N`Z$ M%4H;5U(-UJ&Z0"A1_&/:A8[[.-WDZ0S;!F0S(%L`=TD4/B6*,A^YXV5A<"1F M:FW/PPNF^\PWH@K.6'>\\T*M]Y[+='=3L',@FF..4TRVCEDBF&=?4F1;*8[9 M%WBV#=]M*MQ%^.X?A;?;!/DF01X)\F]+W(JY^R\)6_54@6GCZ%A2X:#CH*Z\ MRW3>9_%-/L/+HN\H`$``+$#```9````>&PO M=V]R:W-H965T929P$%7`*9-+^?8%DTJ@;[0M@XW-\;$PQHGFQ'8`C;TIJ>TPZY_H# MI;;J0'%[@SUH?].@4=QYT[34]@9X'4%*4I:FWZCB0B=E$7U/IBQP<%)H>#+$ M#DIQ\WX"B>,QV257Q[-H.Q<;\3!F`Z_.5_5>LUJL_;)J0&AH^2/>,XP/,)>P#8872QI54@W6HKI"$*/XV[4+'?9QN]MD, MVP:P&<`6P(\T"I\219GWW/&R,#@2,[6VY^$%=P?F&U$%9ZP[WGFAUGLOY2[[ M6=!+()IC3E,,6\4'4$L#!!0````(``AN M#$?[+4UTGP$``+$#```9````>&PO=V]R:W-H965TQUG-;J!9AA MWILWPU!.:%]<#^#)JU;&G6CO_7!DS-4]:.'N<``3;EJT6OA@VHZYP8)H$D@K MQK/L`]-"&EJ5R?=DJQ)'KZ2!)TOI4G[--\4^0+;!_`%P%?`IRP)GQ,EF9^%%U5I<2)V;NT@ MX@OF1QX:44=GJCO=!:$N>*]57O"272/1$G.>8_@V9HU@@7U-P?=2G/D_<+X/ M/^PJ/"3XX9W"PSY!L4M0)(+BOR7NQ11_)6&;GFJP71H=1VH<31K4C7>=S@>> MWN0MO"H'T<%W83MI'+F@#R^;^M\B>@A2LKM[2OKP?U9#0>OC\6,XVWFD9L/C M@`0``L0,``!D```!X;"]W;W)K M&UL?5/!;N,@$/T5Q`<4ASA-%3F6FJZJW<-*50^[ M9V*/;53PN(#C[M\7L..ZK;478(9Y;]X,0S:@>;$-@"-O6K7V2!OGN@-CMFA` M"WN#';3^ID*CA?.FJ9GM#(@R@K1B/$ENF1:RI7D6?4\FS[!W2K;P9(CMM1;F MWPD4#D>ZH5?'LZP;%QPLS]B,*Z6&UDILB8'J2.\WAU,:(F+`'PF#79Q)T'Y& M?`G&K_)(DR`!%!0N,`B_7>`!E`I$/O'KQ/F1,@"7YRO[8ZS6JS\+"P^H_LK2 M-5YL0DD)E>B5>\;A)TPE[`)A@!MWV<9]&&_X?H*M`_@$ MX#/@+HG"QT11Y@_A1)X9'(@96]N)\(*;`_>-*((SUAWOO%#KO9=\D^XR=@E$ M4\QIC.'+F#F">?8Y!5]+<>+?X'P=OEU5N(WP[2>%M^L$Z2I!&@G2_Y:X%K/_ MDH0M>JK!U'%T+"FP;^.@+KSS=-[S^"8?X7G6B1I^"U/+UI(S.O^RL?\5H@,O M);G94=+X_S,;"BH7CGM_-N-(C8;#[OI!YE^:OP-02P,$%`````@`"&X,1SR: MOTFA`0``L0,``!D```!X;"]W;W)K&UL?5/!;MP@ M$/T5Q`<$+^MMTY774C95U1XJ13FT9]8>VRC`N(#7Z=\7L-=Q6JL78(9Y;]X, M0S&B?7$=@">O6AEWHIWW_9$Q5W6@A;O#'DRX:=!JX8-I6^9Z"Z).(*T8S[(/ M3`MI:%DDWY,M"QR\D@:>+'&#UL+^/H/"\41W].9XEFWGHX.5!5MPM=1@G$1# M+#0G^K`[GO,8D0)^2!C=ZDRB]@OB2S2^U2>:10F@H/*1083M"H^@5"0*B7_- MG&\I(W!]OK%_2=4&]1?AX!'53UG[+HC-**FA$8/RSSA^A;F$0R2L4+FTDFIP M'O4-0HD6K],N3=K'Z8;O9]@V@,\`O@#NLR1\2I1D?A9>E(7%D=BIM;V(+[@[ M\M"(*CI3W>DN"'7!>RUW^7W!KI%HCCE/,7P=LT2PP+ZDX%LISOP?.-^&[S<5 M[A-\_T[AIVV"?),@3P3Y?TOM'"=V%;:1RYH`\OF_K?('H(4K*[`R5=^#^+H:#Q\?@QG.TT4I/AL;]] MD.67EG\`4$L#!!0````(``AN#$?1G8>HGP$``+$#```9````>&PO=V]R:W-H M965T+V M!GO0_J9!H[CSIFF9[0WP.H*49%F2?&&*"TW+(OJ>35G@X*30\&R('93BYM<) M)(Y'FM*KXT6TG0L.5A9LP=5"@;8"-3'0'.EM>CCM0D0,^"%@M*LS"=K/B*_! M>*R/-`D20$+E`@/WVP7N0,I`Y!._S9P?*0-P?;ZR/\1JO?HSMW"'\J>H7>?% M)I34T/!!NA<< MIIAL';-$,,^^I,BV4IRRO^#9-CS?5)A'>/Y)X3\(=IL$NTBP^V^)6S'Y'TG8 MJJ<*3!M'QY(*!QT'=>5=IO,VBV_R$5X6/6_AB9M6:$O.Z/S+QOXWB`Z\E.1F M3TGG_\]B2&A<.'[U9S.-U&0X[*\?9/FEY6]02P,$%`````@`"&X,1Y)#0TB? M`0``L0,``!D```!X;"]W;W)K&UL?5/!;MP@$/T5 MQ`<$K]=.HY774C91E!XJ13FT9]8>VRC`.(#7Z=\'L-=Q6ZL78(9Y;]X,0S&B M>;,=@",?2FI[I)US_8$Q6W6@N+W!'K2_:=`H[KQI6F9[`[R.("59FB2W3'&A M:5E$WXLI"QR<%!I>#+MS\/H'$\4AW].IX%6WG@H.5!5MPM5"@K4!-##1' M>K\[G+(0$0-^"ACMZDR"]C/B6S"^UT>:!`D@H7*!@?OM`@\@92#RB=]GSJ^4 M`;@^7]F?8K5>_9E;>$#Y2]2N\V(32FIH^"#=*X[/,)>0!\(*I8TKJ0;K4%TA ME"C^,>U"QWV<;O)TAFT#TAF0+H"[)`J?$D69C]SQLC`X$C.UMN?A!7>'U#>B M"LY8=[SS0JWW7LI=GA7L$HCFF-,4DZYCE@CFV9<4Z5:*4_H//-V&[S<5[B-\ M_X?"?)L@VR3((D'VWQ*W8F[_2L)6/55@VC@ZEE0XZ#BH*^\RG??Q$=E7>%GT MO(4?W+1"6W)&YU\V]K]!=."E)#6 MGU!+`P04````"``(;@Q'DG2DF\@"``"3#```&0```'AL+W=O/V7F3;B+/NNY&_R$B=AX') M/QO>B\LZ)O%MX[4['+7=2-HFF>-VWIK8'W?*MM"F8N'_R9][W-9)A_7Y/^X[2!]_>W[%_=<4WY M;TSQ9]'_ZG;Z:*I-XVC']^SBNE^E)GE_#<`"]!M`YH$I=X1.1*_,+TZQMI+A$P0HS%Y[=LV1"H"/!@^Q/@[7+1XA`H MI`/<`0BP=[G0`0!5(1W@)D"`PZN%#A`HI`/;70`0*%=(!;`0$^KQ8Z M0*"0#G`W(,#JU4('"!30`<7]@`*K5[X.$*@.Z(#B?D"!U6M?!Q`4T`'%_8`" MJ]>^#B`HH`.*^P$%5J]]'4!00`<4]P,*K%[[.H"@D`YP/Z#`ZO5"!TN0&9@# M/+@?T*75:;K0`0+Y.DCNAL:!RX.;C56T%>?1C>)WN_/\_43=T/D/WC8G=N`_ MF#QTHXK>A#:CJQLP]T)H;FI)'\R9C^8+85[T?*_M;6GNY30S3PLM3K=/@/D[ MI/T+4$L#!!0````(``AN#$<'43[4X0$``$4%```9````>&PO=V]R:W-H965T MP?_$?@K6M:90)!D0>+K^H8]++CO2>@/OO/A],E,PHK^-W!)%=SS]1^Y?S= M+'Y69Q^9$H!"J4P&HH<;O`"E)I$&_[WG_$0:XWK^R/[=GE97?R427CC]TU6J MU<4BWZN@)B-5;WSZ`?F#_M0,P-'DY8?XC2!.VY[9XN5.KHK<`HS(.; M27377&8-7FD.BR+0V1<$=B$N>&?';GOHK#"T]G!-#[_@1\X$D4T0K1,DR>:( M>PU&D1L2.R'Q'I(>-Y"]!J/8#4F`/9:S!* MW9#,"\R`?2P"\B MFJZ7WI4K_=KLFZ@Y5Z!+04_ZZEK=TY8%A5J9::KG8G[F\T+QX=&TELY9_`=0 M2P,$%`````@`"&X,1RP".Y6C`0``L0,``!D```!X;"]W;W)K&UL;5/1;J4@$/T5X@<41=MN;KPFO6V:W8=-FC[L/G-U5%)@+."U M^_<+Z+6F]0688;`_@R(>2VAZ3WKGA0*FM>U#^"@U8E77&-4*"M0$T,M,?D(3NE08G8N;6#CR\8'9@OA%U<,:ZXYT7:KWW4K$L+>DE$"TQISF&;6*R-8)Z M]C4%VTMQ8M_@;!^>[RK,(SS?9L^+?8)BEZ"(!,66(/WQI<3O,2S[6B3=]%2! MZ>+H6%+CJ..@;KSK=#[$1Z2?X54Y\`Y^<],);&UL;5/!;IPP$/T5RQ\0 M@R%)NV*1LJFB]%`IRJ$]>V$`*S9#;;.D?U_;L`0E7&S/>-Z;-^-Q,:%YLQV` M(^]:]?9(.^>&`V.VZD`+>X,#]/ZF0:.%\Z9IF1T,B#J"M&(\2>Z8%K*G91%] M+Z8L<'1*]O!BB!VU%N;?"11.1YK2J^-5MIT+#E86;,754D-O)?;$0'.D#^GA ME(>(&/!;PF0W9Q*TGQ'?@O&S/M(D2``%E0L,PF\7>`2E`I%/_'?A_$@9@-OS ME?TI5NO5GX6%1U1_9.TZ+S:AI(9&C,J]XO0,2PFW@;!"9>-*JM$ZU%<()5J\ MS[OLXS[--WFZP/8!?`'P%?`MB<+G1%'F#^%$61BJ/7>2\E37K!+(%IB3G,,W\2D:P3S[&L*OI?BQ+_`^3X\VU6817BVS9[= M[Q/DNP1Y),BW!'??/Y7X-8:GV:"G)S2TEG?\_JZ&@<>%X[\]F'JG9<#A&PO=V]R:W-H965T ME=3VF'3.]0=*;=6!XO8&>]#^ MID&CN/.F::GM#?`Z@I2D+$UOJ>)")V41?<^F+'!P4FAX-L0.2G'S<0*)XS') MDJOC1;2="PY:%G3!U4*!M@(U,=`4?T7M.B\V34@- M#1^D>\'Q)\PE[`-AA=+&E52#=:BND(0H_C[M0L=]G&[VNQFV#6`S@"V`^S0* MGQ)%F4_<\;(P.!(SM;;GX06S`_.-J((SUAWOO%#KO9>297E!+X%HCCE-,6P5 MDRT1U+,O*=A6BA/[#\ZVX;M-A;L(WZVSY^DV0;Y)D$>"_)\2]]]*W(JY_9:$ MKGJJP+1Q="RI<-!Q4%?>93H?6'R3K_"RZ'D+O[EIA;;DC,Z_;.Q_@^C`2TEO M]@GI_/]9#`F-"\<[?S;32$V&P_[Z099?6GX"4$L#!!0````(``AN#$=U?U5; MHP$``+$#```9````>&PO=V]R:W-H965T0/"#;K;=*5UU(V594<*D4YI&?6'MLHP+B`U^G?![#7<5-?@!GFO7DS#,6( MYLUV`(Z\*ZGM,>FT-]J#]38-&<>=-TU+;&^!U!"E)69I^HXH+ MG91%]#V;LL#!2:'AV1`[*,7-WQ-('(])EEP=+Z+M7'#0LJ`+KA8*M!6HB8'F MF-QGAU,>(F+`JX#1KLXD:#\CO@7CJ3XF:9``$BH7&+C?+O``4@8BG_C/S/F9 M,@#7YRO[SUBM5W_F%AY0_A:UZ[S8-"$U-'R0[@7'1YA+V`?""J6-*ZD&ZU!= M(0E1_'W:A8[[.-WLTQFV#6`S@"V`NPB@4Z(H\P=WO"P,CL1,K>UY>,'LP'PC MJN",=<<[+]1Z[Z5DV6U!+X%HCCE-,6P5DRT1U+,O*=A6BA/[#\ZVX;M-A;L( MWZVSY[MM@GR3((\$^3\EWGTI<2OF^Y^K.91FHR'/;7 M#[+\TO(#4$L#!!0````(``AN#$&PO=V]R:W-H M965T@FT="3.`A*&^X#3MO/SS,5>9)Z)0;.V@Q?IJ8%S*O]< M@(GQ[$?^/?#:UHVV@2#/@H57MAPZU8K.DU"=_+.''^79#VT*P*#05H&:Y09/P)@5,L;OL^:GI26N]W?U;ZY:D_V5*G@2['=; MZL8D&_I>"14=F'X5XW>82]A9P4(PY9Y>,2@M^)WB>YQ^3&O;N76<;N+C3,,) M9":0A9"&+O')R*7Y3#7-,RE&3TZOMJ?V"T8G8EY$88.N;G=G$E4F>LL)";/@ M9H5FS&7"D!4F6A"!45\L"&9Q(?_0"4Z/T0QC1X_7[LD1%TA0@<0))%]*C#8E M8IC_9+E#37:(0+PQP3`);K)'3?:(P&YC@F'VN,D!-3D@`H>-"89)<9,4-4D1 M@>/&!,'$X<8D6/WG'&3MVEEYA1@Z-SQ6T65B/!+7)Y_P/.MI#3^IK-M.>5>A M3;>YGJB$T&!2"1_,IVO,3%L.#"IMMP>SEU.;3P&UL=5/!;N,@$/T5Y`\H#D[:WM7G"S9[X197#&NN.=%VJ]]URP;)/3&UL;5/!;MP@$/T5Y`\(7FRWUO!F&0,A#YQ*\+YWO*`-R>;^R/L5JO M_L(M/*#\(QK7>[%I0AIH^2C=,TX_8"FA"(0U2AM74H_6H;I!$J+XV[P+'?=I MOBG8`ML'L`7`5L"W-`J?$T69W[GC56EP(F9N[<##"QZ.S#>B#LY8=[SS0JWW M7BN6926]!J(EYCS'L$W,88V@GGU-P?92G-E_<+8/SW859A&>;;,7Q3Y!ODN0 M1X+\0XGYIQ+W8CXGH9N>*C!='!U+:AQU'-2-=YW.^_B(]#V\*@?>P2]N.J$M MN:#S+QO[WR(Z\%+2NR(AO?\_JR&A=>'XU9_-/%*SX7"X?9#UEU;_`%!+`P04 M````"``(;@Q'+K>P$Q4"``#V!@``&0```'AL+W=OU#I=4^M,\.F0!:&U/;"=N_KVT( MRRZ#E)?8'LZ<<^QXQEDGY)NJ`+3WSEFC]GZE=;L+`E54P*EZ$BTTYLM%2$ZU M6G9)G`4D#-.`T[KQ\\S%7F2>B:MF=0,OTE-7SJG\=P0FNKT?^??` M:UU6V@:"/`O&O'/-H5&U:#P)E[U_B';'*+80A_A=0ZZ<6/7?XG70QJ>0(8$,B:0 MWG@OY&Q^HYKFF12=)_NS;:G]"Z,=,0=1V*#;M_MFC"H3O>5DE6;!S1(-F&./ M(1-,NATA@:$?-0BF<22S?+):XP0KU.3*$<2?"#8X08P2Q`C!]LLN>TSB,(W# M)"&ND:`:R5PC7B!(48+T`9/IS.3"0:Y1B37B,<()-BC!Y@&/FYG'A=NR126V MB$>"$]AZP^YT^(#+`32U299D%DHG0IRN%BC0RCA$Y!&G9'XS%U3P\HF0^HGC M!0J\@*)'*BB:E]#7VQE,^A('6;KVJ[Q"7!O7[2?1L<4?B.MK'_`\:VD)OZ@L MZT9Y)Z%-=W0]["*$!N,D?#(>*O,(C0L&%VVG:S.7?5ON%UJT]U=F?.KR_U!+ M`P04````"``(;@Q'V.P@4U7+%*S590>(D4YM&E8,J]@_*BM.`S)0PX?1_'MG/C,*YD,\U/P!,!+X0X^2>! M3`2R(:#1F:OK.]6TR*48`CE^BY[:3Q[OB>E<:9.N46[-5*9,]EK@),W1U0I- MF(<1@]>8SXBC!W&_0)`QL+C`7A?8\AS7%VAZX60H/1C.Z,:&-N MF25@4&L[W9FY''^\,="BGZ^1Y2XK/@!02P,$%`````@`"&X,1^8`('!8`P`` M!PX``!D```!X;"]W;W)K&ULC9?;*]4$'T5>UK/)OFD.#V%8K_>J2.MO^J!*\V6KJR)MS&NU"^M#I=)-:U3D M(8FB."S2K)S,IVW;@YL\*]:O]F7GYO9)+(QJ%RM M&^LB-;=WM51Y;CV9GO_V3C_[M(;7SV?OW]MT3?BO::V6.O^3;9J]B3::!!NU M38]Y\Z)//U2?`[<.USJOVVNP/M:-+LXFDZ!(/[I[5K;W4_P/Z:<#N&K#>@(WM@?<&W.DA[')OE5NE33J?5OH45-WO/J1V5,$#-_]F M;1O;7]%^,]K5IO5]3E@R#=^MHYY9=`RY8F)YBZQ\!"Y$:`*X1$&P*!;$,R>W M'2Q]0D1.#%\Z>;KKY"9,BHI%6WMV(Y:CQ*)C1,N4+<-!@(R%DY#/L00DX4[, M*Y^3@LK8[?<)X1+)>2+P!!F:(/,3Y`,*<=0!'Z%0Q_`;A9BD$AR%?(XE$>>2 M.0KYG!21)"1V%$*X!"B7,9Y@C"88(PH-#'6!.A`C%!)>I(1PX>2S]"F@,7^FFH(!D2"MPKZ&#;9 M$"R!P*D&K%;S`1=XL88QU1J0,DP%CR)7(I\#(F02!+FRN2# MQ(Q.R08*-N`5&["2/>0"K]DPIFCWD/A2**1N&Z'`7:]6B,,!H9#UP@A%HH&U M'_`"#E@%'W*!EW`84<.7/72=E]G1N#G=A[I@PJM=;J&J77N^J(.U/I:-W<-= MM5[.,(_$[I*=]@4\+`%I7]DS3[NK_G0_GQ[2G?J55KNLK(-7W9B]>;N#WFK= M*!-[],W\B;TYE5U>>X'[LN9[_Y?U!+`P04````"``( M;@Q':(8'(`@"``#T!0``&0```'AL+W=O6AL3&TG3/^^?A#"$$?3#;:O MSSGW7!O?;*+LC7<`PGDG>.`'MQ-BW'L>KSH@B#_0$0:YTU!&D)!+UGI\9(!J M32+8"WT_\0CJ!S?/=.R%Y1D]"=P/\,(SHX#)J#^QSLRU0A-.!7#Q-?S1WE_4CIFUK\J`^NKRP`ADHH!22' M,Y2`L1*2B?_,FM>4BKB>7]2_Z6JE^R/B4%+\NZ]%)\WZKE-#@TY8O-+I.\PE MQ$JPHICKKU.=N*#D0G$=@M[-V`]ZG,S.HS_3[(1P)H0+8,3@XS=S$B=>7!/I(G5ZF@/BB])ROC,GK.P_@Q\\Y*:,84!A.N M,,G3`O&D_)(CM.4HPAM^^#%#:4'$=U)$UC(B+1"M!((HL`OLK`([+;!;.TC\ MS3D83*HQ@\:DL>]O4.5GJ`]F8JN9V&(FV)@QF'B5YHLL.;FQ8\6%T=,=0XG5 M4&(QM+G#(KE)9/5C@]VWDUKMI!8[T<9.^E^7]1G*F/%6KXD`:W67X4Y%3X-0 MO^TJNC2RYU"]QDV\D`W.]*.K3)Z-J(6?B+7]P)TC%?*MZQ?94"I`FO0?Y&EU ML@4O"PR-4--4SIGI2F8AZ'CIL4NCS_\!4$L#!!0````(``AN#$=E`U[MC`(` M`"((```9````>&PO=V]R:W-H965T\49N6 M=ZH6723Y81D_PL666(0#_*CY54W>(UO[LQ`O=O%UOXR!+8$W?*>M`C./5[[F M36.%3.)?@^9[2DN,"$=".D[(?N0 MD`V$['\SY`,A]S(DO7?7N0W3K"JEN$:RG_:9V4T%%[F9SE-9!W"(0@(\ MO4T(ARF%V&M.`$=(:LZ3L,$\:#`/&/02K7I,/DE$`:4%)-!S.`<23$"&B&\Q MJ`@H1MXVW884,8590<,F<=`D#I@DGDD\RX2R%&?>GEW/81E,:>&U;!-0`RE( MO3YL`S"#FNRP.W,D:(X$S%'/')EM%0IA:G:?/\$YD!!H!NV/>A-2!!!B_RS: M!A1Q`2'%J6H:"D3U!O?@*+M8P$-^8Z["_ MO=[EJ_+,COP;D\>Z4]&ST.;<=J?K00C-3?W@P4SG9"[L<='P@[:OQ+S+_@[K M%UJ<;S?R^&]!]0=02P,$%`````@`"&X,1_42DV47`@``6`8``!D```!X;"]W M;W)K&ULC57;CILP$/T5Q`>LP4#(1@1I)=E@#*^V"TEDN_5*I9 M("2+$AB13[R!6N\Q5YQD^*5C6\ M"D^>&"/B[PHH;Y=^Z%\";]6Q5":`\@SUO'W%H)85KST!AZ7_$BZVB4%8P*\* M6CF8>\;[CO-WL_BQ7_J!L0`4"F44B![.L`9*C9!._*?3O*8TQ.'\HO[-5JO= M[XB$-:>_J[TJM=G`]_9P(">JWGC[';H2K,."4VE_O>(D%6<7BN\Q\N'&JK9C MZW;F04>;)N".@'M"GV>:$'6$Z$J(/R7$'2%^-$/2$9)1!N1JMR>W(8KDF>"M M)]QM-\1\5.$BT7=3F*"]"KNGST[JZ#G'L^<,G8U0AUDY#!Y@QI#-/23L$4@; MZ%W@*1->0(/XDX5K7T=ESIUV[?Y(%S!=I_\*2ME[K-]PL*!V6F MJ9X+U_G<0O'FTL?[/Y/\'U!+`P04````"``(;@Q'AI*W9P\$``".$P``&0`` M`'AL+W=O,K:LEBE`5 M()!YV*JI>=AY=D!<:FR+L4V8_?OU#0+=[80\!%N<;O5%4C>:G'WQN]P[5P5_ MLS0OGT;[JCJ.P[!<[UV6E-_\T>7U-UM?9$E5OQ:[L#P6+MFT0ED:\BC2898< M\M%TTH[]**83?ZK20^Y^%$%YRK*D^&_F4G]^&K'19>#G8;>OFH%P.@FO@%\%V.<" MHA<0'P+R4P'9"\A'!50OH!X5T+V`?M2'N!>('YW!]`(&"(1=.MID+I(JF4X* M?PZ*;@4>DV:AL[&IE\NZ&6Q71_M=G(TN, ML"L1U@9"4%3..Q($-82P2F@0O85$ M]@BFF;(*V(WU:6:UE"#M*ZQ/Q]K$1M(.*M)!1<0; R"`NF1(@+0N,":6Y MC8%[&%-<*@&BNL*8-C*R`\YITCE-.*>!/<`L*08N1((Q`PX9TB%#*("[S.#HU%0JB!(""X"5<4 M9(?<(CN-9\8)%7"/]=!=_`23*&D88]K&##84!*!)3ZGCFC,[X"#=.#"B M<["HHQ.HJC`M\3&R?!1\9;C+@."]]72?P7"CP2V*)Z[XS(CAJ>B*SXB2;^%) M0D)#QP1=?!E1?:V&\^!R&.OA)HW1!9$1%>BF[[A709<@1M0@:^#R(8D M!,K;@H3`9G@A(5C>*(C!A?B%IBY`XX_JYZ*Z+NI?*'R^W7]' M+W&+HP$``+<#```9````>&PO=V]R:W-H965T2%"1+ MDDX+&+MV92%OCK!%3P;9*]2,O/G"$+W!YSBJ?#"+ZT+!5(69.;57(*R M7"MDH#G@K^G^1`,B`GYQZ.TB1L'[6>O7D/RH#S@)%D!`Y8("\\L-3B!$$/(' MOXV:_XX,Q&4\J7^+W7KW9V;AI,5O7KO6FTTPJJ%A5^%>=/\=QA:V0;#2PL8O MJJ[6:3E1,)+L?5BYBFL_[&PFVCHA&PG93$@W_R70D4#O"&1P%OMZ8HZ5A=$] M,L-=="Q<>;JG?G)5*,9!Q3W?F?756TG3M""W(#1BC@,F6V"RCXC3"B*?(<0; MF%UDJRZRR*<+?DHWZP)T58!&@`EGOMG@$``+0#```9````>&PO=V]R M:W-H965T&+*!V$;2'`D$. M[9F65A81/A22MM*_+Q^RJAA">Q%WES/#V:58C=J\V1[`H0\IE-WCWKEA1XAM M>I#,/N@!E-_IM)',^=2RR4HR[5"!KH]_I+OCC0@(N`GA]$N8A2\ MG[1^"\GW=H^S8`$$-"XH,+]D$VV= M4$R$8B;DY3\)="+0.P))SF)?7YEC=67TB$RZBX&%*\]WU$^N"<4XJ+CG.[.^ M>JUI3BMR#4(3YI`PQ0)3?$8<5Q!/,X1X`[.+8M5%$?ETP<]IN2Y`5P5H%"@7 M`H]W'@\)LHT0%2&;M_!>6W)#%@`=VAA_,G+FRZ*2=OZLXT4YK!UXR M>]A@U/LG-"<".A?"K8]-^JM2XO1P>R/S0ZW_`%!+`P04````"``(;@Q'OUB1 MR2\"```(!P``&0```'AL+W=O]@,+8A(DB=5%6[J#2:1;MV$B>@`4QM9YB^?6U#T@1NJFSBOW.NOVN' MZV*0ZDU70IC@HVTZO0XK8_I5%.E=)5JNGV0O.KMRD*KEQ@[5,=*]$GSO36T3 M)0C1J.5U%Y:%GWM192%/IJD[\:("?6I;KOX\BT8.ZS`.SQ.O];$R;B(JB^CB MV]>MZ'0MNT")PSK\'*\V,7(2K_A9BT%?]0,'OY7RS0V^[][\>PKZ;T]GO.Z?HW_UZ5K\+==B(YM?]=Y4EA:%P5X<^*DQKW+X M)J8*#:#(+I+(`EPH$I`B\?[TAH+,*$8-\YK.:V*$#/#0&<^H(5?[?&(H13&>\0`ZFL8YP3!0"@*E`!";`:6+C3`BC&0SGJ4L MR1%E%,8A(`Y9XMRY;PKZZ0/W31>8&,WR`62$H(S`.#F(DR]P[IV'*W%054`/)#2);KY(EJ!T_H>#=#3/ M43I#BJYJ5L^/X@=7Q[K3P58:6_Y\D3I(:82-B9[L`57V6;H,&G$PKLML7XV% M>AP8V9_?G9?V>IR0$``$4$```9````>&PO M=V]R:W-H965T$./^I3%+L0@$%EG`*URQ5*8,P)6<=_9LV[2T=<[V_JWWRV-OH+U5!* M]KNO36>#C2-40T-'9M[E]!WF%/9.L)),^R^J1FTDOU$BQ.EG6'OAURG<[`\S M;9M`9@)9"(N?;4(Z$]([P9<.A\A\7E^IH46NY(14Z,5`7DZP#3;%MAM"NR\P&Y=!1(_5"%@,H\1'G,@\>$!53ZC]FF6/0:#5^WAH%K_ M;#6JY"B,*\3*NDS&*W'M?;"?[<2$!WZ7*?*!MO"3JK87&EVDL8_'M[B1TH`- M,G[91ZBS,[T<&;3.[5^&9AX.1PVUHES]'\0]02P,$%`````@`"&X,1TA5 M`-7P`0``H04``!D```!X;"]W;W)K&ULC91=CYP@ M&(7_BO&^BX+"[,0QZ=@T[463S5ZTU\R(HUD0"\RX_?<%=*SKTJ8W\N$YA^=% MH1BE>M$M8R9Z%;S7A[@U9M@#H,\M$U0_R('U]DTCE:#&#M4%Z$$Q6GN3X``F M"0:"=GU<%G[N296%O!K>]>Q)1?HJ!%6_CHS+\1"G\7WBN;NTQDV`L@"+K^X$ MZW4G^TBQYA!_3/<5<0HO^-ZQ4:_ZD6,_2?GB!E_K0YPX!,;9V;@$:IL;JQCG M+L@N_'/._+.D,Z[[]_3/OEI+?Z*:59+_Z&K36M@DCFK6T"LWSW+\PN82D'2VA0UP-L#%D&;_-*#9@#8&,)'YNCY1 M0\M"R3%2T[<8J/ODZ1[9G3N[2;]1_IVM3-O96XE@6H";"YHUQTD#5QKX5E$% M%+M%`BS`0@&#%-#[LS<4FS6.DX9X3>\U'S!"JW4FE)`L>U>%9'F"LS!.%L3)`CA_"(OM,6-?'.BC"`A MM^SL\99A=-0D4GO`]Z%'4-6X6:IC;RQ+Z47458/?F,,OA"#V+\\U[2D4WU:Z?Z`.-[0^D]U%*4TZ[O. M$9_0I1;OM/N!^R/$2K"@-=>_3G'A@I(;Q74(^C3/JM'/SKR)84^S$T!/``-A MR&,GA#TAO!.B+PE13XB>S1#WA/C9#+`GP`G!,\72I=XB@;*4TLQ`DJ7=50CTF-Q@PPL#E(V0[AP0#PI,&!A?`YB(' M,SIX3+"9(Q)_XN%;D=WW(GN+R,)^DM!:SU#SPW$A(M\N$%D%(BT0/5S(8G(A M!I-H3&.2`+A83@OR'&QOA<4@MKN.K:YCB^M)C^0&$X_RP,1?3COI*=0^GGE^ M1#U8AE;+<&XYG)0FA[,T(%Q,6],&FAUK#HH2.+G7G0T43-O/&_VU"69G/86Y M4]!+(U3GC:+#H'\%:C1,XGFPV@26^#98[&PO=V]R:W-H965TOLF9,!6]=V\M]6"LU[*)(5C7KJ'SB`^OUR9F+CBJ]%)=( M#H+1DS5U;00!P%%'FSXL;JQD;6L"Z<2_YYC_4AKC>GZ/_M56J^F/5+*2M[^:DZHU+`B#$SO3 M:ZM>^/B-S26D)F#%6VE_@^HJ%>_NEC#HZ-LT-KT=Q^DD`[/-;X"S`2Z&./G0 M@&8#<@S11&;K^D(5+7+!QT!,SV*@YI''.Z1OKC*;]J+LF:Y,ZMU;@5"<1S<3 M:-8<)@U<:>"CHO0HLD42:8"%`GHIH/6CE3].D#\`\@9`-D#R4(8#>9@TQ&KZ M*4E&,D"04XQ'1PC`$/B!$B]0X@%R$ATF3;I.!'&:I`[/5@8!S$#JQTF].*D' M)W%PTBT.)IMK++VR)'[G=K`7!WMPG+(/>).'I```A^9_J@<8XH4A'ACLP)!- M&D02G#JRTB=#)'OG78O"C&,,7!Y/+HT^X2A^VY%JW8QT`O[ M0<6EZ65PY$IW'ML?SIPKIF.")UU>K3\(RZ)E9V6F1,_%U".GA>+#O>,OGYWB M+U!+`P04````"``(;@Q'Q-W4_@\"``#W!0``&0```'AL+W=O!RSGG'BYRBT'(=]4`Z."#LTYMPD;K?AU%JFJ`4_4D>NC, MSE%(3K59RE.D>@FT=B3.(A3'6<1IVX5EX6*OLBS$6;.V@U<9J#/G5/[>`A/# M)DS":^"M/37:!J*RB&9>W7+H5"NZ0,)Q$[XDZWUN$0[PHX5!W:EH64@R!'"^OI_8?2=;$E+JR05=9 MMV=*H4ST4F*\*J*+%9HPVQ&#[C#/,R8R^G,2Y$NR10\":)%C]PC!)+['[#TR M?A?8>U3LZ/B&GI#,+T"\`L0)D#N/R:)6/@Q:G-6'P7XCJ==(ZA$@BV*-F-QA M.H9-E'D2I8L39P^)4+K*8KPT](C#R,!6?[G#W&LH]QC*%HE\ MF'R1)+IY'QSDR34:%53BW&G[B]U$YU[V@NS[6L2WR7HWMJ1/F;+HZ0F^4WEJ M.Q4]>37 M<>L'&@$37$J=`:G'%>\P(3J1*OS1Y[R7U,;Q^);]AUFMHC\@@7>,_*V/LE*P M@>\=\0E=B'QCW4_<+V&I$Y:,"//KE1J28P M2R?,\A%F&)%N-G9-GQ/DVKI;A?LO_`U!+`P04````"``(;@Q'PP0\`U@" M``"H"```&0```'AL+W=O$".NCKAJ^M@LAVA5"/"](C?D3;4DCOQPIJ[&00W9"O&4$'S2IKI#G.!&J M<=G8::)C+RQ-Z%E494->F,7/=8W9OPVI:+>V7?L:>"U/A5`!E"9HY!W*FC2\ MI(W%R'%M/[NKS'441"/^E*3CD[ZES.\I?5.#7X>U[2@/I"*Y4!)8-A>R)56E ME.3,[X/HYYR*..U?U7_H=*7]/>9D2ZN_Y4$4TJUC6P=RQ.=*O-+N)QER")5@ M3BNN?ZW\S`6MKQ3;JO%'WY:-;KO^2^0/-)C@#01O)+CQ0X(_$/RYA&`@!',) MX4`(#0+J<]HPWP43+6\CN'N*.""0-C"X\R,7&NZ-[MQ-L[Q&Q8WCX5B1[*')CTP<7 MR]=\?YIEL(0%`E`@T`+!S6J'1J;W&&]A[$@&Z42PD1`T$@("L;'M$&9AF(4P MYMF8H9,]UKE)*`(3BNX%HB_V-@8%8D#`-58$PI@'%<+XQHK,T,D@3``GM``3 M6@`"QEG+(,P7YV@)3K($!(QSE$&8!3R)JNE0D7(`B:59I0"062.V([=2GKLO\IGR8M M/I'?F)W*AEM[*N3EH4O\D5)!I'?G2?[="OEL&`<5.0K5C66?]1=I/Q"TO;X+ MQL=)^A]02P,$%`````@`"&X,1VML6D#4`@``(PL``!D```!X;"]W;W)K&ULC99-DZ(P$(;_"L5]AR2$+PNI&K2V=@];-36'W3.C M4:D!XI(XSO[[30(JA&;4@T!XN_OI3FP[/?/V71P8D\YG735BZ1ZD/"X\3VP. MK"[$$S^R1KW9\;8NI'IL]YXXMJS8&J.Z\@A"H5<79>-FJ5E[:;.4GV15-NRE M=<2IKHOV7\XJ?EZZV+TLO);[@]0+7I9Z5[MM6;-&E+QQ6K9;NL]XL<:!EAC% M[Y*=Q>#>T?!OG+_KAY_;I8LT`ZO81FH7A;I\L!6K*NU)1?[;.[W%U(;#^XOW M[R9=A?]6"+;BU9]R*P^*%KG.ENV*4R5?^?D'ZW,PA!M>"?/M;$Y"\OIBXCIU M\=E=R\9BJY M.?$4P)6"0!0YF9B3<8`5H`ALB*^\C"!\L!2^,?>'.=`$=D!!!]0XH*-:6GGD MG28PFL9H8AIC@GPKE_NZ$5```@4`D!4H[S3Q(!!ZPC2T<.ZI1C`A"!-.8:BU M@WDXR1J3*";$CZSC``A]BF*?4`O\`>&(/0+9HRE[@"SV""Q1;($_I%K?4XV0 M8Q`Y!O;>*DX>3XH3^?H#QTG`.`D0)[#B)$`Z9"8;W:6A/H6`.*'=J-`DH6]6 M1MTN0$*,PA"A&:B9YHD!J,B&PE#V$R)(A9*94XK!-OJ,"-,P]P`F- MHYE0<+/$/A#*_CGW(NLX-1HF;MWLQDPMGP4R/UO^U@]3KW/1,] MBECK.5ZLNNGMYB9+C\6>_2K:?=D(YXU+->B8<63'N62*$CTIRH.:6*\/%=M) M?1NI^[:;X;H'R8^7D?0Z%V?_`5!+`P04````"``(;@Q'/<;1LZ$"``!!"@`` M&0```'AL+W=OM+Y*$<^ZYN=X3DEV$_%`'SK7W M65>-FOL'K8^S(%#%@==,3<21-^;-3LB::3.5^T`=)6=;1ZJK@"`T#6I6-GZ> MN;4WF6?BI*NRX6_24Z>Z9O+ODE?B,O>Q?UUX+_<';1>"/`MNO&U9\T:5HO$D MW\W]!9ZM,;40A_A5\HOJC3V;_$:(#SOYL9W[R.;`*UYH&X*9QYFO>%792$;Y M3Q?TKFF)_?$U^C>W79/^ABF^$M7OUN^8Z=*OXO+=][M(;8!"U$I M]^L5)Z5%?:7X7LT^VV?9N.>E?4-11X,)I".0&P$G7Q+"CA#>"=&7A*@C1`-" MT&[%%6+--,LS*2Z>;/^]([--@F>1*75A%UUEW3M3"F56SWE(<1:<;:`.LVPQ MI(>Y(P(3_29!((DE>:*31X$5@(C31\P:P%`XBQ#<:.CXT<-&!WDL6TSL,$V[ M49)00L)DD/"KP#4`#"-$0Q+!N4=@[A&0>SC(O<70GA*:X&@*R\2@3`S(C.0Y M!0-,@0#Q($\(,Y)E`HHD0(!!V9<09J1;*"A"7^@6^O\F>%!*0:444!KT_A+` MI`@6L8<<9'/T0@M!H'3$ZGCD.,%`B&'A.E#2KQS%(0K'M,!S98$)H!6.A(`/ M!0R="L..A4#IB"\P;&`,.7C8M!`HC4=T8`=CR,)/Y8^?&I=&%!,T5CO8[!AR M\K!S(5`Z8G<,^QU#9GYJ70"4CO@0PY;'@.>?6Y<^MRXA:$J'=@QZ'^":R[V[ MR2BO$*?&79QZJ[?;TH*X#_@=GF='MN<_F=R7C?(V0IMK@/M8[X30W.2#)N9? M/)C[W&U2\9VVP\2,97O#:2=:'*\7MMNM,?\'4$L#!!0````(``AN#$<+A839 MC`(``+P(```9````>&PO=V]R:W-H965THVU:Y^^^W+8A8QEQ,I!W.S#DSP`Q% MQ\6'/#.FO,^F;N7*/RMU60:!W)]90^6"7UBKKQRY:*C26W$*Y$4P>K!.31V$ M""5!0ZO6+PMK>Q-EP:^JKEKV)CQY;1HJ_FU8S;N5C_V[X;TZG94Q!&41C'Z' MJF&MK'CK"79<^6N\W&)B(!;QNV*=G*P](W['^8?9_#RL?&0TL)KME0E!]>G& MMJRN323-_'<(^N`TCM/U/?IWFZZ6OZ.2;7G]ISJHLU:+?._`CO1:JW?>_6!# M#K$)N.>UM/_>_BH5;^XNOM?0S_Y>:*_&1=J[CE>$EVYO3':0MEK.C.IK;>2Y%D1W$R@`;/I M,>$$D^0C)-#A1XX0XMB$,__PF6$+(.(7%`1,@]@`9!(`1R\"1&"`R`:(GNJ0 M.W7H,;'%M!831023*'&RF>/B3/](#`N*04'Q3%"$D".HQV03(K3`4>K(@5$) M+"8!Q23SZJ21(R:999T2<\`\*_'LY:">'-#CO"&;'I,[-]%1\P7H28II;E`_0(`8XO`,H&G: M!)GC!=6+UH,!*C>E`>3D].+AQ6#_6>,0('(?JP'T]'83A!&9*0*`3AMX%@5W M+$P`48DKBD#O;NRV3Q@V:02]H&`R%!HF3G982F_/KZTRW7=B'0?R.C1#Q;%O MS*"VP^81IBPN],1^47&J6NGMN-(CRPZ6(^>*:95HH4MVUI\2XZ9F1V66J5Z+ M?KCV&\4O]V^%\8.E_`]02P,$%`````@`"&X,1Y/<$L)[`P``-P\``!D```!X M;"]W;W)K&ULC9=;_"N,'*$D(27"L,U5[ MVTOK]&'WF6I4ID!0L3I?3_"DJ7B)]H?"5+CSF=OJME$BTSQ2J9/) MW?7D!D_7F!JD)'Y%\IQWRHX)_E6I-_/RN+V>(!.#C.6F,"9"_7B72QG'QI+V M_*U/E!UFWPC<&- MBO/RW]F<\D(EC63B).'?ZAFEY?-%!+8,%I!:05M#Z@05>+?`^!/13`:T% M]$/`/Q7XM<`?ZX'5`C96P&L!'RL0M4",%02U(!@K,#FO,H=&2]IDX]&2)MV8 MC)8T"<>C,XZ;E&,Z6M(D'8_..F[2CNV\N]4D*:?8*BS"^2Q39R>KUH5C:)8? M/-4J;=S4EI.V_*AG6:YKW^<4\9G[;BS5S*)B2(=A01]9#1'<$JZ.H`V#@&$L MR$!/^AZ60X(C*X@OC=Q^;>1NB%`D^LP]X,BW>N0!LF,QCX`=R]4W`.%>G_D. MN,)6LWY`#.XS/R'&ZL$GB+'B>888VF?6$./#0\:#1ZY76J`]"\Q*9L7X)9-6 M^?;,S\K5$,.(,83@>"@<#P7BL6;2'<0(V(L/>_$!"]:P6OB#Y@C,J/"9E`)$0`>;6$'H$0208L6+\-@0YXX@2[EL#%P*9P#2XT&\,[C2^#SF"4?FS)MX0Q`P"GP#0@\!G``1=KX<@)7Z/Z_4NAWN7 M`[UK#8U%Q?#NT/`]WTKW`1 MN\5##0DK6GNXN)W#7B*S?7D?RYV-.J6%V3T[M>V=[X:8PZ)5O\#3)0;J5WAZ M6]WH/LS/9\=P+W^&V3Y*<^=5%?J06IXC=TH54D>/KO2B&PO=V]R:W-H965T.Z.]//JM M4L,!(5FVP(A\X@/T^DW-!2-*'T6#Y""`5);$*,)!D")&NMXO$U`?_>?P<,X,P@)^ M=S#)S=XSWB^TA"W^YOZ=UNM M=G\A$LZ<_NDJU6JS@>]54).1JE<^_8"EA,0(EIQ*^_3*42K.;A3?8^1]7KO> MKM/\)DX7FIN`%P)>"6L>-R%:"-&=$-M*9V>VKF]$D2(7?/+$_"T&8CYY>(AT MYTH3M(VR[W1E4D>O18R_Y.AJA!;,:<;@#29<$4BKKRFP*\4)?Z#CQP3GCX@L M<&>(G$5$EA]M#2;8+1`[!6(K$#]TX>NN"PY,%.P*^1SS8"1Q&DD<`N'.B`NS M[Z@+$[F-I$XCJ4,@WAEQ89*=$1=+=; M/2+7`X5:F6VF]V*>&O-!\>$V`]=!7/P'4$L#!!0````(``AN#$<5]2R+H`$` M`.<#```9````>&PO=V]R:W-H965TGY=MW,Q*OY@1 MP*)7P:4Y9*.UTQYCTXT@J+E3$TBW,B@MJ'6E/F,S::!](`F.29[?8T&9S-HF M])YTVZB+Y4S"DT;F(@35?X[`U7S(BNS6>&;GT?H&;AN\\GHF0!JF)-(P'++/ MQ?Y8>T0`_&0PF\T<^>PGI5Y\\;T_9+F/`!PZZQ6H&Z[P")Q[(6?\>]'\9^F) MV_E-_6O8K4M_H@8>%?_%>CNZL'F&>ACHA=MG-7^#90LA8:>X"5_478Q5XD;) MD*"O<60RC'-V*G<-OGJA!7.,&/(&\VG%8*>_FI"D"0D"U5:@RM,"95*@3`@4 M[U)&S$/`R(@AY:[8X-X854FC*F%$T@)U4J#^CZ3UAZ1U>5_M\O=)\>82)WJ& M'U2?F33HI*S['\*M#4I9<)KYG1,=W:M;"PZ#]=,'-]?Q1XR%5=/M6:UON_T+ M4$L#!!0````(``AN#$>^2]KM;@(``$D)```9````>&PO=V]R:W-H965TVK.3.`E:P*GM M)-NWKVV2E(5!XA*P^>?_QLX,IKQ*]:Z/0IC@HVTZO0J/QIR>HTAOCZ+E^DF> M1&>?[*5JN;%#=8CT20F^\T%M$U%"6-3RN@NKTL^]JJJ49]/4G7A5@3ZW+5=_ MUZ*1UU4(X7WBK3X1.XA6_:G'5@_O` M);^1\MT-?NQ6(7$YB$9LC;/@]G(1+Z)IG),E_[F9_F>ZP.']W?V;7ZY-?\.U M>)'-[WIGCC9;$@8[L>?GQKS)ZW=Q6T/J#+>RT?XWV)ZUD>T])`Q:_M%?Z\Y? MK_V3C-W"\`!Z"Z"/`-HGWH-\FE^YX56IY#50_=Z>N/L+X9G:C=BZ2;]N_\PF MJNWLI4J2N(PNSNBF6?<:.M3$Q4,36?\'A*(0Z@U2;]!Y`TH@'5%Z43800%M#=FBNIJJTFRVK/#^AWQ)6>63PR0FZ4#6DZ+!*7GB!_&3 MJT/=Z6`CC3UP_;&XE]((:TF>;-9'^UWSB;]QM9N]5?]+W`R-/]P^7Q]=3 M]0]02P,$%`````@`"&X,1Y?-)4[!`@``)PH``!D```!X;"]W;W)K&ULC5;1-52J:7>(Q*EC=&>^R*G)]E7;7LL0O$N6EH M]Z]D-;^L0AA>#4_5X2BU(2KR:/3;50UK1<7;H&/[57@/EP\PUA"#^%.QBYB, M`RW^F?,7/?FU6X5`:V`UVTH=@JK7&UNSNM:1%//K$/2#4SM.Q]?H/TRZ2OXS M%6S-Z[_53AZ56A`&.[:GYUH^\^`!@E?!)5%KL]5&LQ3FFZJ=4-:W`N,TC]YTH`%3]A@TP239'+)Q(7!$ M1$K`J`+Y5)3(<4=S@K6+2(&EX%6MA%:O'I`;3&DQ, MLMC*Q@,"J:5VXX+2!;93HF1A]:OC:(/#(P78?!.YOD,`LL7NA"R,`D^2&H!M]&7H$W=@L MT-M4[R'Z1HD'T%0L]M3X2]AE`8)/8VCR:G8,.Z M@[E_B&#+SZW4/7YB'>\X]TB?HI:]A,LU]-@W^DYD3MV/\$5^H@?VFW:'JA7! M,Y?J[#8G[)YSR91X<*?*>%2WMG%2L[W4PU2-N_X>TT\D/UVO9>/=L/@/4$L# M!!0````(``AN#$<7(N012F```#13`0`4````>&POT1-NL ME$@5287#A?^BGV$PF)X&^G^9>I1^DEFG?>!)EC-K>KHQ#20R9(G3+_Y[6_*]+>_J7[[-E_N M-DE6Z3A;Z?.L2JLG?9%QFVF>Z1-=/L1%4O[FV^JWO_D6W^'WIOI#GE4/);RS M2E;-7W^_RP9Z-`QT-`PGS1]/=_<#/9QU_VC'<]HYGN;C\L15Q_C M3=)\ZN+J\N/9^].W^M/YU;O+JP^G'\_.]4_GIU?Z[/+J4T^;9S"*(EY#[ZOD MJ_[;Y*EWJ#=/VU:7X?#D[WI?^)04:8[36^FW<=5ZUZR>^D__J7/]H(T5M?-N M'=\W?[V+UV6KQ;-=4=`+:;F$*?TAB8O>WD].PNAD%+;6L#3;$>N?DO7ZY.9:L]$59[I+BOS1?^YCO:^C'?`T4&1=/,+)UQ]OVV?]@SF/1]7K3V\WH3K_%WU]%9OMG&6>M!0R#Y M9@,GY+K*ES\'^IJ.B;[<564%9PE>[]U^V06A@G?P=6O`?Q<]]S;M8>>[;^)U MG"T3&!&P@5(??<[BW2JMDM4QG.;/UV_UT:OC5NO)$D@NI#,Y;E'/YZNK\X\W M^O3Z^OSFNO5K7#X0]UCBA^1/N_1+O(:!ML9UNEPB_REUD2P3>.AVG00Z2RJ= MWVE8^?R11@U'7:_RW6UUMUOKV+P"C[R"$S$<#JDK^=PBE^P+=`Q;:]N%+4F* M+PF]/QG/@KEI0/YHK\,V+U/L,-.I::WYT*[^8,^_?A6G__=YXM/'V!? M6AL"5+NK8%2X%UO+W,O\KGH$&FT^?GEWE\*ZUQ^^VQ596NW:3[^'\YX\Y.N5 M3C?;(O^2;+JV^GU2EM_A[NTVNS4)7`U+=-.)LY3A]:V28%L`?JWHZ&= M;+U0Q"NX`HN?2WIX"SW`(!PQ>?W&&SS+?^;+#*E@.@I&T9R)8#H,%N/V%20T M<-AVKG-@%+#:F^Y9[:,/?N*T\S=SYMY?G+ZY>']Q.GCV/&WC)SQ,-">8 M>[&#,29?03HHVYSP?9K1:5C"1-)GB'"=QK?I.JW2=C/\X/O^!ZYO+L_^]G>7 M[]^>7UW_9Z+5FS]T$"HRT)(9Z*O!AX&T_$\F$PCFOA\".=Y'DRCA7DXQ1M)3JGCRCJN-%RPB15/ MZ`'@?\GF%G;*\,``6<GJ+R^F^MB3_#T8]@S=[FZW5+1^W_'O? MTZ<]QSW0E>,3^QJHTZ&E0/\=#:R)Z>J9MUN$>M#C3*H'/9KW"QAVL^B^O(0A MTSH<*`*,#I;H6P+"U?F/YQ\_MSG41^#')0@#;>YV>7VC+]_IZ]/W[;?.\I+( MK?/-'ZXNKZ\U7(3O+EH7'UZ.IS<7'W_0YW__Z?SC=;OI'Y(L09F>..5JDV:D M->`9;ZTE=D[/(?TD5<=R7P%MQL62A9]5`GPBIRNK=6OOX*&XA!8"C1?P0[XK MB1'A:SB`]';7=2V^]:Y,'K%'W#VW#>\Y--[+_W'YWEU=?M"R6I?.[ M\RM]\?'L\L.Y/I*U[#BD<.LEL%725>_O:;;,VSK9)5V,_%OG)?\#**XHAL$2 M;0V[`:JPDL&^^Y:;U48<],%SI*G5>9MEE^FR11/I&D2[UNG\ MZ?SBA]_=G+_5IS_"IOYP7FOX6E]^OKF^`9D1CL9^GD&R_#M@W`?RC+/3Z]_I M=^\O?ZK3%)S`T[.;BQ\[Q19D"NN\;*L'JS_NRHJ'4N6H).1PV8!8D\D+^FA7 MXFA0[$R!1>G;)X_@8[RJZ5+\;O]5=(0M?TG@PASN[QDLC\Z;+\B6S!$]/:4V_K7+T#?E;- MZ=I)4OKNF&(.VY[G:.CBXX_GU\_0T"?1%>"V7L>BLC@%9LL,MWU,X+5EDJQ* M?5?D&[I?2%WH%,!Q69@<<>&=)/',(N`:X`LIO?ZRF;^[^'CZ\>S9F7M30+F! M"!LE>D]:V/_6;9S]#%2S3Q'X%#_9DWC`XXU%L"0@)`&4<,>RX][U0-8(+/7J M_/0:[IVWY_SI&+[3N%2=RX>:,'U`%>-'$"<^WB!7_^'BXT=<2)`Q@"5=7+X] M_.5S^++WM>O/GSZ]/T>M^_2]?GMQ?0:L_/-5>YOLY4I^)F)?M[F#.NX+H_+:(40Q& MN=_.YC$O?M:/."7H?;TC;;**RY]/4%%,0;?3]VM@]&*4<"^J>`M*1;*6[M"" MD&O\A.\`^UH_&6,*#1![2&"F_P0-$6-_HN?C.U!$`YV@N29-Z"VRNN4;Z*<" MSOYD^M3W(N96N7I([Q_@%SO"/^:W^FZ7+4DQ&.@+V.XE7+M`AZ#D0+]P=E/@ M#%ZDTEM;[/%^5[L6!OH&%$**`_LS]!4M7IE_UY\'U MP%E]-&-K+\B^B M/35)+:5&&F3!.T_C5OZX)S,8.CHG$K0BW7U\&O[E1_3=?-38-XRK,@)ZV3P40346*3SEHLH!HH$6HP'<^`7M9 M=K#RCD?VL)7N-C5*P'1,:UP+*0.M"+3&^#Q-+-W`R.'$9GC_+BW?@S_N+(LK M+8M32.D[(^#2S!]BH-S;),G@!"1X7&FOL:-BQ=N<5@_&?('=PD&!9K>H)LIY MPQ.Y7"9;H1,\RY\SZH"8*TWE%`X:4)A"1OC#Z>DG8F@>.WG(2Q93S:S<\%// M+8NX4CM@21)TY]*^NDGLTE6`;UR=_;VQD M<$%C0]?)#*X,S02W>9W`DUV[".R+5SG?@B;/ M]Q$<26#V;#G&WF.G5:@CI(N4I3)X-,/QK)&S[(J"#H![]IAH"&08'%`&O*PHW]$S7;[I\R'=K6`_DJ#$+ M!WGV1V'>;OL-%7>V89:Z5#AV?/P)+["$+K>6U=-LG*5?>R_#972:93MHG-UC M>-,:,OM;Z'J=>`0)!,(W,5I'PFF@T,XZ<.>Y+I?@@7[!V;7$50DC0/U&0:N= M$H@G?`!!H%Q.\F>"9CZ$X2/!+10R-D?'W(\R/DCWM/E[A:((,6MMZV?Q>L4 MFL_2&`X`4)AWD2O:ZA-I$WEL5L9R+AV)).MT`\,0&EGZ:S'0GTL2/\Z!2C?$ M,W!UF"-9H:US5>3XE-X)0+%A$_\,\H?.^*)&^XEMF6YM./^;+8\0)!36U>`U M7-O"^D&MDM34-_GF?/`/,JLBQ"*=(TLUWD/64>WH$6[-8K"``S"\';BR$62Z`T;?&'8 M:Q2('Q_P]C/*,ZE^2HFB-6X@/4I\X)%$4]9]@ET&"57A'I=5. MQ$YLXEVR(B%5W&W`RX%\Y,QRXT?OWEZW(%P1U$&_8GA$#$<3`7;QV:?UW M6QSWJVCBG,5X^W@W&ROV\"@HQ57"O+2FHEQ??()>XW69']YUO5N\F%0L/J(` MN,@6+C'<%+K%S3134DEH!?%ELA&!LDV.&OHI^;H4/84O$B+9Q@9@>`\(S9F, MT;ZE^"V-2\A>(IB5;<&:A:ZL64C5G6*MJT%UF)+T*ST)1I-I,%U$\'D:C,)1 M,!Q%"OV_^N19K_Z1N/2/W2>%IH2XKZO(=17-J2L6!Y_I!U;ZED@:=LHQ!KS4 M5$'R$%R(Z/*Q'!94G_1+NMJ1,Y2U([H"W7A*4;[X*-H7X_KSCE/C!9<:X4?) MX7A(D1"?8$=1&J^W#IST$2@6=!9H]X[/YBJ!@:]`<%W"'86D"X\.<`_%O$BD MTFH*;H\O:;XK@4M(BPI;Q![0,EG@=4_-&QT+R=?8[DMBEL`1BGM>OVT,7Z]V M[NH=:&?R=)_@1;J<5GA2D M@KP&@>9/^:XZ1A[%CABW[B7J859;Y7LQ+1^@2](FZ^=$]GF-G[ZDR2/S+,?3 M@4]A5`\LHB)Y+F.M@!<(MH-M6J5A,W(TR31*MT&5>(TQL7EC:Y*=NQ:PM609 MD\=+01\KD.,U:F8R`/D*^Y4;7N3&3WZXQ+FU?7[JC**H;W9<\>(3T^\+TABH MFO\I+=W[[+["345]#G7%$S(/;A*XM&%!D(_5[C[=O/M8O!"7+5U^@69**$CA M0`E`\1V%IH\$%I;D5IAW=P`*3=`./Y%!W*5W56)>U2+_KK$!BMB0/A-\-"5Q MNX"O!R"WHAR7L>F&B&`+$C_W84X"#$O,]9JM41@SL9*3S'HUR[5EY7[&MU!4 MED@-VLZ:TB^GH4C82FJZQX7"=X48Y&J/*:``%4Q8V#OHZVF)$57T-CLHDOV; M<9?PJ?$6R9]`H)K#T?7A6+.(!AX(IP>%,W/CX7LE'/K[O.0A(1NQPP+R%:.# M9X>@Y>4H"GQ&YHZ'%09-HLI:-#`>3$EA@$`1*$B])T&*8FGTQ0;WBT,S?5F% MXNW0O`/M"+]/2.HAGR$2F4BXR[2`0X%N=CCEBB3W?&FV\"&NZ'Y8TBH0(>,E M3$[7OC5NR7K`#Y[0&4PAJSA)XBQ$H<(O;:M*1`)Z!5?QEH\RLE'B_S\A[T;3 M95Z4_LBD(>K0TR7-S(GU:)"]2KQ&\#3)H@6^YH=B*RZ*G9LYOKL,97Z\`4A# MKMG_+=&YI3$KX48$HLH&CN*.5&^S"=[/96V6Z@WQU-TV9\44N?4RW?(\=F2U M%:>O#47$L;`ND;M0"!>S)RN&@3YK6!/Q\]2M"0T56/G6!6PD(1L?:759[BWA MP$1?8+1J;?*SE&3Y9HLBFDUQS/"%6)$#^$K=YBC;WPG# M(`HM0;9#208Y%$P-B!UV;,G7X!-+K.*7L09@CKHS0K!G3<;3C6;-I+!F<]2H M4:AT1G`DGR]PP8%H@=IT93G[;;YZ^AX_D9G$WE];=$*5I0@W,MSOV6Z$W]"< M2N3LHH"6,7I'GK:L4ZYCEFJMN3K`W^0X"U70&T:#T7A;00>B`W`G)@!#K'[6 ML(UDQ&JGM&(?1$(A*WQ#JLOR&C8^=S9\`@#1LG&^7I-=GZ=#0?4FA4?%_$VP<=SE!F6QL3P&.Z M7HNME*R!=IB)J"Y(XK(\)4JL-%F27$&II\F$3TQH M/*SPGJ*1WZ5?41S#(6'/<%PI9+=RI"DA;TY5K3,RXV:HV$3NSY_C?LGQH,24 M+X,:>.>*B%8.%IXX.5G>T[VGS*B!SJYG+V)0$SF.0K'%SKS>5+_HI/\Y<9Q. MS$VF-Q;@:;>258`+A?NXY8/H\7R[.G;_[-XI:X"VS[.)MF:()3$3M/&=L=+7 M?30FX%-NC2)!!4TN>Y9C_>;T/=E>T(*6(V4J*^KG6;U;&ANVA0Y';WR&%[[U M7"%-3F.7C!>I($'2NZXXC@4]G<"!$V5B-=`W[3R_GIM2;]>[DIXWC[I;W?BJ MS<:`]/XEAIOZED^U>'2H+V]3\.I>P1]EQ1Q%,=_Q/(YKH,4W"8ID*:K3%34( MJOV:Y4-@+R!(%4G\\PK3BHRS@DSI'*$I\GOYG;HAQ="/5FU$=#_SP)B,3!SA M^0,OR*G,FH,(N[Y4;V5Z^I4>![,P#.:+$#Y'43"93?G+T3@83V?P>11,HBE\ MGL/G,`H6X8*_'"V"T7RF+FJNV/%H%DR&0_V7?[0?PR":+8(PFNK9:"%_S:<3 MQ<-#4U@XAJ;J`X`O9V&PH`&,@_EP$DP68QS`*)A.YOQEN`BB2:2NTZ_[UF_O MS[]Z]>9!.(V"<(AV/&AS'(WXRP5,))K`YQFL7`@+A8LV#W'`].5D'`73<=A8 MO3#`5)XP&N/ZN3^B8#2)@F@XHQ7DOQ;CJ5W!13`;PEI$4W\0\"7LT'2\H,]S M6+C)8LJ#6-!:PY<+6-;Y3)L@Y1\H<.$:6:7YBF,9B'N*JZKT'*%B$H![+!=3 M!7$&/FZH[GGW)O)YN+SIYA*=(RU6=#<]B?Z"$MC1N\LWW.QQP$?;]<,6P+(G$0/3=%XP?;3F4!D>`>CCWI_&4E$&??HA?U#OGA0Q6X03H#>:!`H<)O5CNTRP6-B&TQQ8A/*E]24,-N^3-. MQ?QD>>16E!JH]G8XA1,#/`:(E7.9@MET'LSFXV:'AX:?&\(LC.>/ M;T<;PJE,2+D1H.CN@*MSH]'X4Z$'&!2&0[LSBFUMO75KO57?]*,Q+.]H+*L] MF0;18E:?>JWYYMKNW\Q)-(;&0[+5OYK"F@X7[765,WK%'K]`VS!C)DD_GMD\ M6YAGX_JS7N0!7X^W11ZS8D$:BTHRN@E9>_:\N?G='9F3@+3O"XR1IJ0)U%3% MCX]R"^I'K/JBN>G)^B@I`.XN$7^XO>^]G[$U<@XY,8UE3:,Y>@,?Z)],![(D M^J0F7**I(W:CV&*8SQ,K9&3G*16/ADP.*)!L@"6`#(A1:KQ@?JP:A8AC-R`\ M;^)[(ULWIX//[3`J!M^G$4L;<6$60D-[&.@"U)DHD[@3^R8+;VIF<>ID2[%L M+Z$PS^$!A/HJHL34O%##0?B:23J3UTT: MO9;]:Q)K8V?0LD@++`PSW;`&!_\&JJ4XU?2.Y*L$U-1LI@&'(7ODX4C_$4E2 MM!1?Y;]/TV9&EK<0<0!9?//@8,^;%A+I]M*.PWV`.!"K+H,QN<[QS MKWMGM.=(J1>9.BSE!$_>@^3(<@=!LOIR_1K-"9I+9 MN@Y966/W)V+UJK%UB5I"TX&Y#TG#Q:L5U+8B63H+M7%5U%JHVU3LLDF:"5Y( M[9:UW_)?=X%!^.!E"V&!C`P2-?E3".J/K&YHOYR[YZ(FSU*G!T^9A_7GI,A_ M.3L>8!1;^VKT#RF(*VNR7,0>PH3YL=5098#&*RQ[20=(46F:60Z9(RG M/>;^>T^Y/PZ*2.D?C!)V1(,)A'+$R[-&<3@`SIB=N'!'<6DAOZX;:RP7Y61R ML0KM)RX5E\[(OLNV&."PK&Q:NK/@P1%`*7Z30J<_.)%%Y$Z8/)NWG"M-E@+N M8./"QCL<>P9]P?*L`A;#ACBZETW,V5-+X:H_9]:;_2E^O`@^Y^VX)V49AR85/(R^ M'87?AF@AF!$'5#;IY\IX^M_NK&8H:"5'X0B4Z05&ZAQ-9O+I5.:"0_J8/-8R MU+TFG`=,&I.V6D,;T<@F+QQ72!P;QS653[]\7-16:US3;T=#')=9,5A?D%NK MU"HX'TRN<.L7FT7LJ5FB4*WJ$03>FT[E^I7BYJLYZ*-C`WTR#,:3T$B9BV`6 MCN2/"!AXN&C=;^:XXT._@_^M&1L'I_&.]7<-R[INF&IK(2.Q.3-BRK2!>28* M1`P!UCK"$2HF"QS49B-/G.79DI"9^$YC4Y_G[U@:GS0)=$TQ>S2W4L%X.B!7 MG+(7NUWE/^WB@@!4V@L+I_[-3KQ'@/'"SN=@,(\-)U.)H-%?Z?]1@Z8Z<>\(4$V^]VP/1[$ MUG#8Z&/ESK08BX%Z=^2G["&<4GXEO22G4XFF)!-!5((('>R;MYKQGE8,82,. MF^9YW;O(Z!E]\2A4??5G\U\R"DM<+QZ":A/`9+IW"/O9U>`%VZ'VD>%\_W;L M'<7X<&>1^JLXB_1ASB*[*`.&>M$<"H/2&EP.+H?".?'85B*R"<<6D;2"OG]] M>GVF9^&<8DP8M>R$&C37[$"?QP7Z9$I]]![&>8RW(C]8Z\9*HK;5:#KD5FT# M6_OF*=I^.-K?R$TVK_\P&E'F2JO%)VD0RI8F?)'!$4"0\KHGV!0)67RD.P:O M(XE!O46,A0YD%=@03&F*2WE16E;RY*.)I4+O[@G]B#8GN/UH/K9;%JL]\P') MPV2PPR@;\57*!+R0HVRW0:-K7G#BQ"K)C*L_:379)`&#Q M\TK??LDAO5.F;3-OI&M."S")0IW>N(ZO6BZEYA<-8W?M8.H]OZF/9K&^T^B8 M0I(%`>T()9L%O'J,?T3S$!3_B?PQG0?S<,9_S&8CN+2F("R^=:O\':4J\?(* MXH8^_W2M#"!/BUX"6)+[-,LD64:$>(2D`GDCG(5Z-H7^QT$TF_A`5?#M%$8V M7LS53TW27-;ZDCR]U@6GH_$HF()D-PY'P7PQA27!L/B)CF!]1M.)/RLB!::; MV@GQ>T)7%TKE\Q#&/`O"<$;#AV^'(8'.S^FH0=S;'/-K.=;='[J7 M^/15C-+&+:,\2B5KM*QUEAC4&'VT)A;DB-O0LUSP)@^/94Q2N.[0!BQGU'5> M.ZH-JG6TJ!K^SOJ?E,?&%&D_J4O)//+9QPY>*WPV]9?_7HI)5+`^$+>B1-_P M;!X%T6BF84V'BSEZ>KN_-<3'5X#8HTL]1L%^VOV/X`O<$+[`?M8]&P]/0N'> M7F`8+O;G3****(NGWNB)/LTX66"+N=L650";==!A'_,!R&H+7<,[X%QSP8FP M3"K^*OMG&9U_+RK?,45!B7TIC\;M2%$0V)V+RC.4RD: M/&>EH9U$W2;58R)6ZEN3S=@V]71DC_6%V;>`G0(+X;>-GXI\S6!5A&QH/7%T MRRR!!)Z@MT<*W,-NW6IP](59;9?)QQ?2J@/(L)G85R1RL'B=.<*6VR*3%RYP M\J<=68]X$3#XQRV5#6:GT,`D9=,T-<&1'^BLH6:@J/:/O4-F/,""C:;B@8C/.0,Y M2`H6!^FC4%Z7+IWE#X,/#;N*@9V![FGGI=R\R&.$Z4M5V;5O)%-BV&K,%M;^ MA2=)GH_=;9(E=ZD$97JG!A@>YE\43\H[=VUVH3O8Q:.76;[F+7AW0'YX?7'0 MP51B1/=*L3QO5++.'7]F97#<0=WLRK!O7S!E`1-,7,3E&O.E6*#%T4KD97*" MK7E9`":URJ4(2+IQ@/>#R"*S"]<0E:.3@CZAWKFU49)\-:/ M=-I50X>-6)G']KK6D8Y"96\TVZ=J<`=G>ZL/RU`3@N'.II*O>D/^JJ[G'/.E MQG)S^;%%E*#FR5S'HU&=/!)Z"C%=4Q)R+61N-T?%IS$(BY^G+PX`;"7_`'$@ MXZ*D'"U)=@%EYME-?DP4O6\VEN9I%H'.GE!177"`DX.13#\29&@M$O^"<#DV M-H&;<".^F.<:H<,UH`_W7EHZIQ(%]THTC8W)E*S()KP&D12(,CAW1T6[7<<0(]@].!T'PO%2O^JO MU6]`8B#?]6DA#[L4^4#N5\RI3Q%FCF=>%)A?$%O$#_) MXS936"9K'E7\Z'97(.`S"/1+;RC\H%' MPV3N/XDN,UA,3.6E2&'D\R=KQ%>%ZQCNM&+YP)'J'NA$E2O8PT=6`+]:]"=^ M"Q;VC[L5Y^;L!-G`IK-Y"['Q1H2)IOAN",/^'_(Y\CZ/Z/,-6?IH[3#_"R[D MWE7&<^EAS;#V$%-&TT'<#3/UL2R&AY-4Y!E\7LH27F3Z77);[#`R!1OBNX86 M5JP'I]>?]>!.\4Q/"OK@%75AB903.OJY2UC!/].V3(EG8$'BLG7!V6@SPT`!3LNG#,YDU9C8)H?SP&<_-C4[))_.KN5W.CQ6'S#KBB.BZC@$9CX& MK`0C?R4I1@#4).FO8]28FD?<,+5`O>;GHQ\OSDO*J?^2DT+9>N1['1WKEYL@/=H0&TH`QS9RD0M5]Q4#5CX.04=UARZN#X M&$\:Y4W&NER"6$W9_[P0'(55&SZR02_HHS5^&JU9<"('VCS5GJ!%Q*)'H>RB=8^1L%9[9T(T186S<'G.A`JOP2M3\D3@I;H2 MHUE*!LL-8EAP^B;EG11)5>3&84HOKY!Q_E/E927SRF.XN1D]!N*2TB) ML'89#KQJ0GIGMZZ]<%#.ZC?8[C?'RK3<]:AT=?0-]/O-,7<9P@9]XP!)CF[R M;;K4H]'P^#M]#>N\!I9KKAQ/%L'%<'5DOE%&Q!-T+4G_-ZU*7B19(H@UB&!O MF2B$E7=-H_9 M=@?RU-*%AMI]9K,A%11BD`QW".,[H$EE)1'<-*3WP$,K-!B%QA9O5X-`#+UF M>9!9\N@6IGR(>:2<1TQ()XW8_01/O^H\_76)FM./Z;#2U6H[L69BQ)$Q41VP MA#"1&3!/03M:[R%WIO,1B50&/^?DPOHW"*'.7+-'U[O; MBNAQ/IJ<=))D$ZGW+6@M5&1+(++@[D`D`!>Q5@>7Y<9J*(6*XOUO*X<:3<$V M#0*J4WK'\Y;C4!*N,^+QLR[@[C;Q?#-HY.PR&V!,,880&K.6N5+9,5H4M!RL M;?'1,F.R_03&UF^3=^EW`T[1F)[J/A\,$,N'A-'[S.&(&?30W>.&UAL'134S%]R:EH51#QH*#Z8?%=HFL_ M(BQ6//RNA#$D?_/-5J)]OZFU?Z#=H&[,C5<$%FRA)!P?/VF!1]6AK!XP*=64 MEVK8I7TX0+)>F4)CY&]%":7N/^Q6\)S_V_]-O:L-BTM<8;;D?#9'YS(E1H81 M9GB.=7/-QWTH4?UP^I\LG+Z#E.K'[>WMH`^&RAS5E;DGK?OXNY[Y/U/,#--> M9S#[!:9O3H8S](4KJ6AF:Y@U!A%-Q\%P--04^#^?J!Y$*2P_-1S/-042#,6Z"`&OR5=`3C/8X1%]PGS-A3(]XXZ,ICH:!R`4=!!7K93= MD=2Q`]J:8!$T#'?NGI$AK1!&.)V&]`D(?SI^9JJ2'D@`8X)=576^H,AB#Z.? M+X8ND!A3N05\Y)!&B''"T@P7)I]5/C_'YE6[6IN-XQ/D=->-2#`N*J0&J>'= M%4$SBH#U(_(JI13_?)<0C*V_)R\XG78NRCN=P6@NV<,8%M^*P][;UPO.)@8( MSZ9S3FY%*(/Y,R=SZ@&&?O),[*<2J'#>4VM*GBW=P_%Z#PQ\]Z5_:.?NJ7WE M$/><8W588<"^X][J'LX9W=+#&1UVX(!P_J*A,@,ODEN+8+S,3_*MIF,S1J:! M^:`396/>5Z8J*3*/T2BB?\>AWU8],4K2$R1_XK2Y"'_YGV*]'\W&(#E,X5_@ MT/.YH"-T^E-:*PE7%,P'$R6F]'DR7\#?HY84,D./>_:SQLJ3C/[=64*&])N# M>'=/@_SE58(F#CR@[W-0G"\S_1%O=-HEWM<(;2-)9@LFH!9CJYC02Z,`7_6P^K2-RO1HCQP:'R($VNOG"^ MCK$FHX`OB&/D65#\0TRI^!DYLT[RNQ-V9E&Z2`=@L.LCD+&0"0%MY&2/979K M1A>P"\.S<\.2Y$7!YP+C)40!XFF04\W^3O$4:.2@W$6CK"4(_(PM'<7'>CZT MF&=X%SE]#K689)WR_=V%^HN!6H$ZNCWF\6.P`:DJ1^DQB'NV5>M`LXT))H63 M\)&&CU)X#9CK;"+3ICBPH^6Q'G'I!ELWW`0P>;M,H8P1U@0LOICWO@_ MWZ54=R9V$4R\)"B4W,(E0&?^B/(1=QN06Y@NCE'J>'_QYO**"21Z32D7C.!E ME&Y"+MLD!%A+\@":+0SB&_0^$I0T\9P18P#>F4JX?Y,K,9`%WLY4"(H@GXV1 M=BO5NY0UC9PQ3"JPMT1X$AWM%=5FND5I!OW!@QK[B^:!"85JLK\&T\21"&#Z MDZHSPXZ>F1LZ\[GPQ7(?7YP[OGB9\:T;3@,QKGE.9M4@&0^H#7D6FB+1^9ZL MFNR-5LHQN&:GI][IVL,@[1N!BGOYH_Y7XH]=L0_,'S7RQQ=QPY=ROC;RY2_A M7[J#?['5R^-!+ M/__'%#J554Q0";/$C^$=[,PA?(D'\BT@M["')Z^QNP'L@=@!S1+1"W'52-)` M=A4-IO/Q:Y/4;)D%!F%1ME.L/PA[)0GO6N`@SG+)<[C""1``3&9,3S&L@^CT MF-'Q$T6XF">`"!IR>CVHCJLJD+LT]>HV45P8MU"V@XX"QM=$LJ$`$8D43KC M9`X,;]14AIOB,XR*:X0S"J>$UC>?DD?ZI?#N9G0M2^'2/:C8:@:XU\D:%)P%:K"C0`P>H>!0"&5H/Y8*>\,8U54`)$CLV8>7(PS(. M7AWX041>3?ONQ6@$#OILN*6_6M0B=.)CR-WL1G38T33"U" MFW._#M-#HABJ)#NAZ'$2@#@(4WQ:LN=L36B&M&('[.Q'/Z=9:.`OUD>'-3U# MDE^!531BJ&6#QX&I^6,W6#4W6/^*#<:VL/O.#=;>ODW=OJF+S"9:#Q<\AL2E\QI:6)+_@>,;;&BK2$0A_G6PQGL2EB"5'8T.-?0"03<@O-JTRD+7S(^ M=*Y44FG='Z;Z!U?2^6N\U^WEK]X MF,H,,VIO^>?VA/ZJG*2&AOVORDET@Y,HCY.TH^_)+E/+R#2SYK64C#7#+N)NKCM-^MX^?/)]?(!G<7Z@XL-[?@!L1*57]:.0N\0 M%_T.70HUL9QX%R7(K"SN'JC=<26X1]G*.?!-%0XR)KI9\SC:[2N.,6R@(5&P MQ$U!44U/^@VE3%!4,(M!$D7_5'^I-012(HWXEMGGT/R+,UO%A/U'C-#6XFKO MUP#N"YZ[ESA7Z]B_V86W*#:DL62,K*O\>7L(4$+TGEO_ M?07*#(WU$G&S(2\BAV!TVEJBJ\]BI%,GEKIMH?@392H\L1I.\2<"6583P-OY MZ37G5Q?L0`^Z;>#8B\]72DO+AQO$SZ-<.9*0K1=I8VE\W. MRD1^YQ>7_+^/=7#5S0)T.)B,]6O6W(GQ#Z;3U^9;4'DF[EME#DR)@-GF/_5C MD_SA(AX-%O#Z/!I$\(_]#J*)!!)V?YP,)E1!PGU3 M4TEJ!YRCLZW*);>(4U:44U:LK@)M7/-=V=1:]+G1"A$G,5&7= MSH-1A`AIH'F,Y^H'N2)@OFZX&*LSE"\1$.O;<['X'DW"13"> MS^2A<.+WCS3,M7*E\XD/`=#LW.BE^'TT'_HC,3]Q)]%HV#$2V&X>P;`YA#KA M=8S@W+]ZF\_/87IA$`U'\OBT&_N$]IJP!VH9:Y0Q4FSJ;=# MDT$XM]N$$XM`-Y[.AR^?&")*XB5BSJ?RK_3VX6U-]OEC2V2OWR*7<\ECZB/T M^R/WVWEX)\$/0J#,)H%X7QASN58P=UVEU#"RM%H:,J3 MTF_31J^-(SL.QO!Y1"N*+O& M'T+JP\]0$`=J-COT,#C%G:I9L@Q+SBY.0S/F,:EYLK;E@HP?Q<1_U9(X8`.& MVH"`H-6DLWA9Y0.ZL.94&YQZ;G!]G:.I?6_G')E=[UMY2Y1Q#B]&6//+>X!` M&/K"*_4A/DC.:L9\1"6P#&;PW&8S@M;,' MXP?I0H\X&DWQ6:RXO<#'CR7F"RZ MR\?])2@SI-AU0$1T`^4.8\E3 M.?;4TN MI@7VF#=JL-KL>L\Z(CTI#X9%1F,Y1O="6IN$32;;B[O$E=#,XOGDITW13/4< MU?E240WY8P\Y6D`0:Y;P`'F\#29RK+E5J/2:2\%S-D],+BF;)O\6H"V7?F)8 M&[07F\2=D@'-?-`RKRF3ZV-JQ.'G1[(=R'@X;LATPREV!$OO7V"N4*2)EP9- M?O(:KL3IQ$9K<'M-,%[%B\2"@N`\[6502'+D]W$6W9+Q-0S[H6V09>STL#<@ MG)Q;W[!-,D4RV<],=4;@5RV1:N_#ATE9S_99HYE&B-D=3)5-^EQ_ MG1/9,VML)&R%+'ED9&$79TE8-%\2D2T87.E]C%6@0I_+` MZ,1B48DHB8,A3B4<>Q1.XL1&\]JE!;R$5-S%/)2PJ M[+*,`X+<`E&,?:OXC8>D1K$.?`WA.*Q"WR1OIFT2ESAZQT^@0LB2K&HD*OC! MS9UI$IB4<)!F`;JO!+[`*0-%NI$L<5/C`%2,=9U4/2/@,N44X<-.8]YJ=C[5 MBW"`DB?["L1QDWR-2R^$L1,EK7$0QI&$@U$?3.Z4"-JB:D=,F7X7%P2%_@8K MXST$W'/0($9W3=23.EOJMDQ!_..FVX!I?35]R@.**RRTYE,I##M-S`(E\F+"6H!2!H.H0K;S`YG$R==_1 MT+$D&S.C>KJ;-+'`ZTS.RB5@TDW'`@=KB:>[^QV&/\*()*R,'^1C:!:`BSK2 MP9-^D"]9)=5P?G8080*$F1(0X"Q2G2NT3[5KKL&O'1?9EH!(Y^/(R`/38?32 M#*[FJ-ZQ+&)BV)%2!8+9W-/^2/KV2WG[Q5>MU'SS3*N,,>JINW_`J_(=4R!> M_VZ!N.8KC?L555,9ST.J4(OU8O";:3"?A?C`5(<8]#9!-%X2&&"T8+>PJS<()Q-H,49_#_"Y-JA>@7,=1J,0JGI.AFC M<12)>3X==D:'P?6_),#I&`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`<7@#3Q/;@XUK"KFM'>U`7[MMV3,)TC5O MG_Q50&<9FS-S$$1O*0JCLC";5+`&,V MT^1,$5G!S$Q!:`.EQ($\\VWA25E8RX',;EB-PA0/,XYUQ)\FO!X92EV,W*YC MRL''K<<'J4\WMQ MACF,#T(#'"8E:>IS6N/^_N!+QY4R/**3E.+H";*L/76L=DN@)1]C). MH\?3O$+=#_U`2[@\$^-QO>*2,H87M)KR\-"E184MU@HB4//\$CJA;5*Q8.<9 MXQ#&'&/5"G36F=5MT9_#G*NCSU5^I+/%`765PA!1DMVEGND5I##2A%,X>?PI MWU7'#CC41S@J/0X)5Q<9)'9GKN,OD36C:(PR@25K.5Q`+B M>I4M\#PYVY0!0-=0Y6>',^UY8VM2H1<(;JI]H.9ABB8C`)0,0+["?GV$Y-8> MO`PQ[S#8NQK!Q(Q"Q5=-7UFH@:HAL?FE=%U&B8G-/R$G+M=V<'YTMS+-FYJ% M(0$5D_`-@;EE;Q#(*XIO1L02Q8@C$R76@Y7'WG@9L`D]NTOOJL2\JD4C<)X5 MZ1,C&@1B$5T+&`9!`,R$5,F4LP4=2$IQ.E.K-8M[M9.;N^0`SOI_$>F>H;C% MD`/-HY8AN$=$+!YLF5DL,H>2K"[C7%-(56X+@IN,&`.`QC'RRZO"U1S.+H^'.?AP;C_BF1.^BJO,_+P`)&VV$-0%.1 M8N8>:!N5PJ"4='Q&YHZL(%E9QPPIKSP8"JYJG[/W*"Z^)W&1@/OTQ0;WN>NP M[7FT+H11Z()$*IC*+RX(">G8E(=+"SAW&&()W$>1YI,OS>8SPC.V(\CW[!XD MDU_?[K2$7\JE,QG65!Y`8DELY(EM51E47'S%1C6QR9.NJ9_PBN&LC-(?F33$ MQ;><`F]FSL680*@L&7/#+EK-,HMR/$6?V(H8PB%VF<'031BAF@2K.\H-M^3J MEL;/Z^(182`1)8E1Z579!._GLC9+U0@NQ#_9"EQ%UNG%["HL+FCDCJY?LQ!@"BL;QAM&2AGX]?Z M$4T^2'C&18B^4%>V-E\]?8^?R*IE;V1QD9IZ&SS<[]G,1QE].*<2KQW1Y#(6)M#$I?E:=\2)MSYBAT174:[CD?TJ24%9#/Y[3J] M-S$;VYAO)WM)&[)**X-?'VMT/U`%"2^?G8"]+"&L'`M.*Z]LI&DU+=FZ9B(7 M^62*9SC$T.@WT`Z@.R+D)[(:"]5S, M!I>\(]-.5R[*DR>*X[/!@->O0.G*A8!!])1,^!UVY+9)E'!,LU[9N7 MVC>OV%_*UD+072XY2)@QB?$1CXQH:$7X2A2&CE#T=&0./W= MY.19TL2A8^-6>Z^SOK*.?.O/G[$^R;.DZJ"X`^]<$='*P9)0.3Q9OLNW[Y09 MS=@95>VE#YHS!ZHJ-I>:U]OY0N25=+Q1;':F-]9':+>P!"E&M\$^;OD@>K>$ MRQ0W^V?W3ED/@WW>X@H[HSF76\^P5[:6UYUP;^$HQ(6UGA:,]\6"!4O;?G.: M8-+(#$FE2)552'"$?KXLRPPK^0%D'3XUB]D6)-"SBH-/[#57.2RGKBV-B=M6:15H*Q[@MDOCG%<+_ M&Z<6>4]0@OMB@]4[,\/K9L%G'AB3^>Z:(J=_X`4YE5ES@D;7E^JM3`_C7((9 MEF5?8)Q-%`63V92_'(V#\11S>$?!))K"9TIEC8)%N.`O1XM@-)^I"W]A]'@T M0P!9S`@Q'T.L0AZ$T53/,$R'_II/)Y(_@D;&<`Q-U0 MVA5Q8#"Y\8(^8P;R9#'E02QHK1>8,1E,YK,6\O)9SMCE")A? MZFO@P,\_H(H"<=977F]5Z)3.P8`420 M*5A)GES95G@';NW%@AT)1B:/8*#?>W]:(/B:E114ECC[%OWS=P7E6`9ND,Z] M$:AT0]^L=E)9=(6Q>I1P@QR$35KBBI6]"^,$4'`$QC::1B9P,@>HG\%4C5&A/EP?B?$B'&'DZI5A=ZG"*R/3! M;-Z*3?K$X@MMOIFZW7U_?X4P"^/OY6NY'?AK)#>Z;;!R)Q?%PM@"T&T.[<[H MX,\$EW9$;?'THS$LKXE_0G]0M&C4R:@U?S#*/S4^B<;0>,A`_U-8T^'B.7#( M3W)DK]CM&Z#$PPXB0?%W82L'21(O:$^;9POS;%Q_U@N9X?OZMLAC5IA($U-) M1E=V)K"747.XC;@P"X$`A1BA M!<2?J'@'XGEATBO%>.--S2Q._51T@0#M)>!&NDE$197R0@T'X6N)&)P&(_I. M#P=C^6X1C,U7YK%H$BS,=Y/73=9R+?NG&\3:V!FTSM(""S\F+-V<_@U42R&L MZ5/)5XD$J]F=#5B7(P]'^H](DJ)]^::,^Q2=,6S$1.ZVRS"H@,#._Q?[+T%\ M!?F&M%2DC1._*'>F:S3RA.&/S MJK09*$)W]F%#[)B[R4?WD(\7.WSHPK.E5YD3:.=I"9#*L]KC0-D(-'B;ALFU MNV'%V1D98PA@0`F8256M;47()B9#1QER)68.LIIS!7KOKLB=;J+M*.PW$BF, M2OHVQRO]NG=&>XY49X+'WB,51@NN0U'HR!X@$-YG[K28$S1Q#YHOP]&(@(_H MR_EK-)?8],^N0U;6V/V)V/]J;%TBYP2>2Y#_0'/'FQOTR,+D$9-'5]P]M1;J MMJ)F890!@3\U6]9^RW_=!5Y,9=E"6"`CXD1-_A2"/B:K&]HOY^ZYJ,FSU.G! M4^9A_3DI\E_.CAGQK74U^H?4PFS$'`CGI83SXXK3AFOENMMQ:J9I9#KDEI!L M9$*^-N&3#Z-M1^&V( M)@LIIO2)C=H4`,8!&6]=DOXG'MA1.(HHU>E8'4UF\DD*8-&0/B:/^KT7=NHU MX7R!TIBTU1K:B$8V>>&X0H:J@W$):-VO&!>UU1K7]-O1\%M*_)(J5*T0NA7( ML55J]:D/%([4X2CM?5`W?]G87YSZ)XK>JA8AXK_I5,%?*:>^FB,\N4GRQ_S) MT(BGBV`62A8B5O>*PF95M^:T]4GWZ3G2HED')2#1G.0%DBU?^P,?$2.HYG)8F M`($DSZ8^,)I;\64\'9#W5#D`"K.K)FFY8R.!S3SFA_>W",UUKJ%W8Z"2825PJ_328(^=G7:;^Q M!V;Z,6^(NLU^-^P0`?DZ'#;Z:$/KM$_+CCS-SY%;SV.R)*7\2FI73KS#Y/B3 MQIU@IOV>U5(S`4$A,Z[QLS6YRMZM01?XBT>AZGLVF_^245B2?/$05)ML)M.] M0]C/5`T/ MD=@X:JVT,'<63Q*A\PBP\X0:-,)':W"VTM'1>YCM,8H._-Y!QL/>MY\!^,.R M.#1$V\#6OGG*=M`G@&!AP0C^B60]N>YJ/[7;0#>R: M4`Y[8=S<,@$O,B[;;=!LGA><\+1*LIP2PW)7SH!'SF9QGK6;[))J=\?/Z]7[ M9:ST3IFVS;RE(.!M8I,(_^]CSIJ$/YO'&O*HU0R^,M:9Q3% M2D&G1VMB08ZXFR"1DJ/+,C7IM(0"(6?4=5X[J@VJ=;2H&C[N^I^NMKAV5<8O MV[C9'KRHL*F__/>R#K*."("E#WJ-96(6<_3N=W]KB(_O$UN^22HT=?[3#^^Z M#_KUWP:.ZX6/-8K[;LO^6H86?Y6]MDS1O\>5[X:D:-F^U&FOVCAWYX)%">(/ M7>(^%&+B((=K\'\4`V:1")4!E#/D4I`6U!T&/9WZB0G3O^ MS,K@N(.Z%9QRN%$(3ZC*B@OL76-J(@N_.%H)\$U.L#4OL<5D,;JL%X$4"`B- MD>463E%Z!MTVK3S]0+B$#W"+[KJ>>;715KSU(QV\B049L?$!V^M:1SH*E;W1 M;)^JP1V<7;(^+$--"$@UFTIN^8W`[[:?<\R7&LO-Y<<&ZO*!,`CM:%0GCT3H MJ_G()L]C@A>'FO0^C4%Z_/RA15_)74,)]#7NDH6=6(<:]!#KGWTF:)2(F^LE&_ MDL+C..&Q?`@ZW?[N2Y!]K"N/ MLEF97DPXLV2N8^'Y=@'B;OH(N-^NRM^_J-^`!$F6%M)"'G:`&('UN`#10*F#"NE&=)AA[MVOI7:XS18FL MJ`%"8":S!56Y9_:-,F>WE"$=DQ#E]2O'AR1ZF^4ODS6/*G[4*T@OUFPON.L> M%BNAU#Q37-$J*/-(M!/OJ'S@T3"9^T^B#Q06$_/N*18=;XH31EA_2.%6+)8/ MG%+A0=-4N4+P<%8WL6(")_5;7/8_[E:<=K83'!.;X^DMQ,8;$29XX[LA#/M_ MR.?(^SRBSS>N8#$F1<*5WKO*>"X]U"O6/V)*UCN$/[83&M!\7\-_*_(,/B^3 M3A[UW/,8 M/^'BLB#F@1U16"N+\Y+P,[[D MI-&V'OE>1\?ZW(!G"=M*#):3V1F)\C##ZEKSN&OLW^O1L3YEHQ+;K/QEL_M/ MB,FUO4]-DFA,.=1?\O47$]^!4PJ\]#22+ZAH!3Y/1BO$`:V5*G+@`BO%,?P, MM)53'&K)2;7C8SQIE%$;?C(1;T@H-;X:;1FP8D<:/-4 M>X(6VH^0#S9;Q&YA`"C1+I(NK$4?$L2U90B%;LR<4P:N=D`=47PRXRRU1'"4 MB,V:N^YT2:)JN!@/94+WH).1'0#TON3)B"]WEF@'3`7H]\$Y>B86/:SIL$+Z&$YLI,:I(JB(W<0@<0T'YO1R"X__$9@9I M2MFF2'9U%BK"[!#.!AW79@!O_C[.&`0WD$'"RRMDG/]4>9G^O/*8W6!&CQ>% MWQ0)NU(D&"^R@B0&6(IEU57PM=/61AMB/#4NP2TFO'V#@6%GINHGALQ[W:R0 M,N.MX<7;4*HY1/&M9AD.O&I">D=*#)@7#LKF_@;;_>98F9:['I6NCKZ!?K\Y MYBX1POX;!SYT=)-OTZ4>C8;'W^EK6.H%E`K=)39X@]=F@'E'\B;$7F-)$ZT3D#3C?&!!LRU377[/8 M1Z;PK^1<$U7=-H_9=@?BV-*%"MM]9KNE5_+*'<+X#FA264$&-PWI/?!@5PW8 MJJUS8U:#T%B]9GF0"*YO%\96P>8,>T(U:J2*)'CZ5>?I;R`?4V(^'5:Z6FTG MUDZ-F%%UQ/\9-R$'3A)Y&[9#S$BJB!;#8#IK[_S$1R2E1C[%%0VX9[5_V_WXK]@3=V"\ID$@FLY@["/Z MA,@2"V5&AODX(V`\("F-)AW+YDFS2&YM%8-E?I)O-68]3<:X,9B^/U$V\T=J[96T02/0!O#?<>BW5<]C ME:M=9`_SE,WA^LO_%-_<:#8&AC"%?T>PW7,1`CN]I7&S$2!PF`\*&5/Z/(%; M_;)V&F:!=.O\!;!VW)1\:OL/?KJ93`LIRYEI!>=118 M$2X]'(0+]Y8K>?J7?^QMJRZV>.VT5J(>!8[#Y\C2I\-)A.7YMOAX/AQ'VKWJ84Z[,J42LQ_ZD?<_2*<'%&`CD" M/C`:+.#U>32(X!_[YQ#3JZ"U^7@P>:W.C>&`$'6G`]"2V,K8_7$RF!",HONF M._.#-^47D2!N+$MS36($)L/41'GUB;IT9*0Z21*$O3'(D*,(U1L@J/%<_2#5 M,&')SBUM'F&Q/U(6Z+GA8JS.J&SA.EE]>TZ5DN&A"6BXX_E,'@HG?O](QEP4 M2#J?^&)/L_/9"-C[:$3?1_.A/Q+S$W<"XFG'2&#'>03#YA#JM-/OBK9TX?>E+]AX9;I$PW_1C-_UM/!V,QESK<)F9W"[@25W0:CFO],`:=>H`]YRGUAUW(U M@N%IKN)WZO_0S*;>_DP&X=QN$DXLBN!JG+>SGS_FV@8H5@<0-DK>1=,[:&X@2$^Z^J91UKMK7&'!:`BB M\DC8SJ1E?/SM8E!/$^B[RVV[5F?#I($=J3RF)(JI,R]QG29ZD2Z6T7@P!*;/ M_W`.82U*F,5'!/R71LS;T6`&[TT&(WCMC.%XTJPSVO)H-,5GT32[P,>/10:" M57I-_WMY9?>^U7A)#?INDOYW542VM7`8S%\NBW1K/$YOC+?PZ&U2Q>FZU!]1 MQD(C0FOQX$0,[('H5H!^2TZ6_CH61I?Y7=(&=[S(-%9?>Z:%QL^VXL,5Q2P4 MG;FD=:-L?]M]SYE.VM2T?2H(;N!#5W,]KI(3IT6YHDQV_8_A]\_7;_71J];Z M'^;J:#'P;B_'P8/M`M<]8+#6#M_\@2WP+=60#?+-KXUEON][_?_I[O:\!WJ: MKFWV?DKHZZ3Y5$]/O4O[$K3!`Y:\=C[;H84U&W2@WQA#:ON,/FLF[U#L?XF! M_)DQHJK4,;[>Y>S/OSZ$7MO6[:[+XW"K=$NI_F6&YQ9AO\S._/+%.\RF?,B2 M=AIH^Q[JLE3W.IO;=]5AIV+<,@=@F3VJ8)AP]<;68?"`57]J`*N^]7%<.R%O MFN"9S_T>X.HO.TH*@0PX;(E!P\&XZ\M)^\L^R,A#G[/C`KIM[U''***N442# M>??0FD![/NB=10WJAW+]16WLFU+8-="P>PNB]I?].%"=1(+EHO0-ID#81$L0 MZ;ET5`<2$0=;FRJ<^.0GD\+7?/A'*VS;BT6?2HI8?Q?1?#!L3\J.S4OL-*+^ MB:19Q13%WR'B'X:GI,FX]5\_D++WW]J,HOGH\T_LVV1$8&I/W[(W6\&#%_8)7GW^ZCV-EUW3C4?W>]D>X&/\"4+6BO5 M*&Z7PQUD)[V>L\,TF'ZG5;_+K7/MO&'TG:#&2+?=.JN90%\K>YR%+UGV=UQ4 MD0H#HK6SPG08O&R[V?!%9NLP'OK*J>\!Y%#4_2\<[-$[.=3S]SP--)UTG;I$ MEV^N]Q(QKKG^EFJ>N;['$C=9\LRUB.EPQUR+.V-&?/8S;&3&D?AGG.3X(OH) MHYH+J7VJEU;.C5H'3Y(KI5^Q7ST%J-WGZR\DF_!/GGVH-8W+3']$SS[:8J-Y M8++^,=(\8=&@RE7LM?D^CSG15>IX/X'X4:LU=<:%.?4E(KM]')P.)-198``8 M_,JTML;68!)2M)NP#3FU^I2"8+\P3+GBWRF<'J=-N4F4\FS?")HI7[%^DQ<% M&_,1NT!B@3E0EM)3&[]ODIA@G4W<V,!X:1UUH,P;T)NN4 MCV17Z"F"I@3ZZ/983UP;-O'4OBJU/VR*@A0@.5H>Z]&$@*WMHVEV0O`NJ9?1 M4,,NYT!WWZ'J$HSK(STNKGJR\`"*O=!GF9AIZ<5+ M1CI)P)#@BQE\0EUSS95F";$]KN$U4Y8.EC$F[-+J,5E_$9!"??[FXN;MZ;4Z MLIKT&X;6,^,*V%*/,0ON_@4EVV?:=%9(7U[ZF'?"5XYE44O,WA=2QOE(%@^6 M@*-$14K?Q"FODF7!!8SS^J1A5R0(O.9%;KL],`N45L8@'-OSBQ``A`T8ZP^( M_;S;4/J"NA9L^+-<[!Q7.`>J!I'%$G@4PU+(Q83&EI\H.]H\0=GF]6'4,1U2 MRCFC9+G4I<3%!$O`36":9[L-*B.(I$3IQ9)G[G+TF<2X*ADQ20N2B)I-$?F,,[\0C&VSQ,]5[Q2NCBRNN#N2*L+]24QV& M.Q%RP:F8U?03: M8P^]!;' MUDQ5SW;:VV''WKSXPE`'71BZX$0Q$9W9WPJ\#;8I,`\T,\+F[?+J!+N(];$ MRIG'_LL__/-=^A73ZV,'Z,1+@A7%;D'C86?;1CCFJY#IXKAY+;V6K#VLFVE2 M@*A>Z":AJO>498])5*;.*O0^DMJD`T6LFAA#(A$?>9TKL>B&K!@9_#9.5PA8 M[U)&";X"+QJ;J-66U.AHKTA,-G?VJ@V&\6S MM\ENKTC'(WNZ[%V6/?%Q;H5:?IONH+1`"YFWK:;#26NG^AN)OW8U@K%M'2;F MZ;1MNC3Q;BW[:#/D+="_2^];/@`*?.LPKD5=!D0,BFM_Z_7T3GIZGS^VWAUV M]5,+L.M\SX;9R;7P3`M=)GH)IC-:KW:87NEOQ-@@IZ/$"U M1WK)64)Q>K[>\V+OB;,_['FY%5?W[`-[&FN>WU^T`?T1=0>Z0/%Z$KH]6%V MQU.VYM0>5.O4MT+=J*5.,A\,%P>_WD7CK_0@FCT[I:MD$W,]70P.*J1BRWL, M;CW"X)\V^S-G9]QS=J#?<#SON,S\2#U_D7K.@EE.[TQT=-5>))SWM(]G1/L& MW7JKEPK[P@0/Y`3N]3T7:^=#>XX4/]O][9[7;)A>[P][7O;'V'&*&S^__(9^ MD<7P][MLH(?C[H"0W\?P8S3J_I&=YL-NI[EO:1RUWP2M9=CS(^@J]L>P>[3T M8YN&J=F0;([#%E4RQ5U0!$7@6$%#@.F[8GK>[N1H>)1:)]F/TL4?U.70^L$39^WLSMO:D M$6K;)P>_*+*VY2#M].L>'G#;%H5G':[?P:C]Y=[HW.;#%*P[?-V:.\7N=GQ/ MV_C<`A\0?$KIW27N"].H5.=X_2>7- M`QX)3)C;:9'$+5IF"_:%E^#:$DAQW+US+!!+VC_ZWY9E]=O_#5!+`0(4`Q0` M```(``AN#$```3``````````````"``0````!;0V]N=&5N M=%]4>7!E&UL4$L!`A0#%`````@`"&X,1TAU!>[%````*P(```L````` M`````````(`!%0(``%]R96QS+RYR96QS4$L!`A0#%`````@`"&X,1V&DY=;7 M`0``(!X``!H``````````````(`!`P,``'AL+U]R96QS+W=O&PO M=&AE;64O=&AE;64Q+GAM;%!+`0(4`Q0````(``AN#$=*CI5`1P(``.`)```- M``````````````"``0<0``!X;"]S='EL97,N>&UL4$L!`A0#%`````@`"&X, M1P%FL1)/!```7!````\``````````````(`!>1(``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`"&X,1UDQ(WHF`@``#@<``!@````````````` M`(`!UAT``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%``` M``@`"&X,1Y9A.2R>`0``L0,``!@``````````````(`!Q"D``'AL+W=O&PO M=V]R:W-H965T&UL4$L!`A0#%`````@`"&X,1U(OLUB@`0`` ML0,``!@``````````````(`!02\``'AL+W=O\H`$``+$#```9``````````````"``1&UL4$L!`A0#%`````@`"&X,1_LM M372?`0``L0,``!D``````````````(`![C(``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`"&X,1]&=AZB?`0``L0,``!D` M`````````````(`!&PO M=V]R:W-H965T2=*2;R`(` M`),,```9``````````````"``1\\``!X;"]W;W)K&UL4$L!`A0#%`````@`"&X,1P=1/M3A`0``104``!D``````````````(`! M'C\``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%``` M``@`"&X,1WT,(Q6C`0``L0,``!D``````````````(`!ZT0``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`"&X,1S&-,22C M`0``L0,``!D``````````````(`!KDH``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`"&X,1W->&PO=V]R M:W-H965T&UL M4$L!`A0#%`````@`"&X,1V4#7NV,`@``(@@``!D``````````````(`!@U@` M`'AL+W=O&PO=V]R:W-H965T&DK=G#P0``(X3```9```````````` M``"``91=``!X;"]W;W)K&UL4$L!`A0#%`````@` M"&X,1X&PO=V]R:W-H965T_6)')+P(```@'```9``````````````"``8EE``!X;"]W M;W)K&UL4$L!`A0#%`````@`"&X,1YE_9ZG)`0`` M100``!D``````````````(`![V<``'AL+W=O&PO=V]R:W-H965T&UL4$L!`A0#%`````@`"&X,1]/J4FD<`@``@@8``!D````````` M`````(`!B&X``'AL+W=O&PO=V]R:W-H M965T&UL4$L! M`A0#%`````@`"&X,1\,$/`-8`@``J`@``!D``````````````(`!A74``'AL M+W=O```>&PO=V]R:W-H965T&UL4$L!`A0#%`````@`"&X, M1PN%A-F,`@``O`@``!D``````````````(`!]WT``'AL+W=O XML 15 R46.htm IDEA: XBRL DOCUMENT

9. Income Taxes - Income Taxes (Details)	6 Months Ended
9. Income Taxes - Income Taxes (Details)	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Abstract]
Statutory regular federal income benefit rate	34.00%	34.00%
State income taxes, net of federal benefit	2.70%	5.30%
Change in valuation allowance	(36.70%)	(39.30%)
Total

XML 16 R33.htm IDEA: XBRL DOCUMENT

3. Inventory (Details Narrative) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Inventory reserve (in Dollars)	$ 547,800	$ 547,800

XML 17 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 18 R25.htm IDEA: XBRL DOCUMENT

1. Description of Business (Details Narrative)	3 Months Ended
1. Description of Business (Details Narrative)	Mar. 31, 2015 Patents
U.S. Trademarks
Patents Held	50
In Use U.S. Trademarks
Patents Held	7
U.S. Trademarks Pending Registration
Patents Held	9
International Trademarks
Patents Held	22
International Trademarks Pending
Patents Held	5
Copyright Marks
Patents Held	7

XML 19 R42.htm IDEA: XBRL DOCUMENT

8. Equity Transactions - Stock Option Activity (Details) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2015
Equity [Abstract]
Exercisable, Shares	8,481,203		8,481,203
Exercisable, Per Share	$ 0.146		$ 0.146
Outstanding, Beginning	12,782,237	13,408,324	13,408,324
Outstanding, Beginning, Per Share	$ 0.148	$ 0.148	$ 0.148
Granted	733,333
Granted, Per Share	$ 0.280
Exercised	(733,333)	(106,600)
Exercised, Per Share	$ 0.230	$ 0.094
Cancelled/Expired		519,487
Cancelled/Expired, Per Share	$ 0.150	$ 0.15
Outstanding, End	12,782,237	12,782,237	12,782,237
Outstanding, Ending, Per Share	$ 0.148	$ 0.148	$ 0.148

XML 20 R37.htm IDEA: XBRL DOCUMENT

5. Trademarks and Patents (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
5. Trademarks and Patents (Details Narrative) - USD ($)	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Finite Lived, Intangible Assets	$ 126,890		$ 126,890		$ 126,525
Indefinite Lived, Intangible Assets	67,099		67,099		$ 67,099
Amortization of Intangible Assets	$ 2,382	$ 2,399	$ 4,768	$ 4,718

XML 21 R47.htm IDEA: XBRL DOCUMENT

9. Income Taxes (Details Narrative)	Jun. 30, 2015 USD ($)
Internal Revenue Service (IRS) [Member]
Net Operating Loss Carryforwards	$ 4,238,141
State and Local
Net Operating Loss Carryforwards	$ 5,364,801

XML 22 R9.htm IDEA: XBRL DOCUMENT

4. Property and Equipment

6 Months Ended

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

4. Property and Equipment

4. Property and Equipment

Property and equipment consisted of the following:

	June 30, 2015			December 31, 2014
Computer equipment and software	$	573,693		$	507,640
Office furniture and equipment		264,030			255,085
Leasehold improvements		172,048			169,904

		1,009,771			932,629
Less: Accumulated depreciation		(704,013	)		(641,953	)
Property and equipment, net	$	305,758		$	290,676

XML 23 R43.htm IDEA: XBRL DOCUMENT

8. Equity Transactions - Stock Options Outstanding, Information (Details) - USD ($)	6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Number Outstanding	12,782,237	12,782,237	13,408,324
Weighted Average Exercise Price	$ 0.146
Options Outstanding
Range of Exercise Price, Low	.09
Range of Exercise Price, High	$ .27
Number Outstanding	12,782,237
Weighted Average Remaining Contractual Life (Years)	6 years 4 months
Weighted Average Exercise Price	$ .148
Intrinsic Value Outstanding Shares	$ 1,813,031
Options Exercisable
Range of Exercise Price, Low	$ .09
Range of Exercise Price, High	$ .26
Number Outstanding	8,481,203
Weighted Average Remaining Contractual Life (Years)	5 years 2 months
Weighted Average Exercise Price	$ .146
Intrinsic Value Outstanding Shares	$ 1,220,680

XML 24 R29.htm IDEA: XBRL DOCUMENT

2. Accounting Policies - Earnings (Loss) Per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accounting Policies [Abstract]
Numerator: Net Loss	$ (169,914)	$ (281,705)	$ (268,816)	$ (773,006)
Common shares outstanding, beginning of period	80,889,171	76,704,275	80,808,629	76,681,498
Weighted average common shares issued during the period	243,640	413,896	203,035	230,365
Denominator for basic earnings per common share	$ 81,132,811	$ 77,117,171	$ 81,011,664	$ 76,911,863

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

XML 25 R28.htm IDEA: XBRL DOCUMENT

2. Accounting Policies - Product Returns, Allowances and Adjustments (Details) - USD ($)	3 Months Ended
	Jun. 30, 2015	Mar. 31, 2015
Accounting Policies [Abstract]
Reserve Balance, Beginning	$ 75,000	$ 75,000
Payments Recorded During the Period	(131,600)	(132,390)
Accrual for New Liabilities During the Reporting Period	131,600	132,390
Reserve Balance Ending	$ 75,000	$ 75,000

XML 26 R44.htm IDEA: XBRL DOCUMENT

8. Equity Transactions - Non-Vested Stock Options (Details) - $ / shares	3 Months Ended
	Jun. 30, 2015	Mar. 31, 2015
Equity [Abstract]
Non-Vested, Beginning	4,431,346	5,858,535
Non-Vested, Beginning, Per Share	$ 0.147	$ 0.146
Granted	733,333
Granted, Per Share	$ 0.280
Vested	863,645	1,127,189
Vested, Per Share	$ 0.14	$ 0.14
Forfeited		300,000
Forfeited, Per Share		$ 0.16
Non-Vested, End	4,301,034	4,431,346
Non-Vested, End, Per Share	$ 0.152	$ 0.147

XML 27 R30.htm IDEA: XBRL DOCUMENT

2. Accounting Policies - Earnings Per Share, Anti-Dilutive Common Shares (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accounting Policies [Abstract]
Common Stock Warrants	$ 43,146	$ 43,146	$ 43,146	$ 43,146
Common Shares	12,782,237	11,098,279	12,782,237	11,098,279

XML 28 R31.htm IDEA: XBRL DOCUMENT

2. Accounting Policies (Details Narrative) - USD ($)	3 Months Ended				6 Months Ended
2. Accounting Policies (Details Narrative) - USD ($)	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
FDIC Insured Cash	$ 250,000				$ 250,000
Cost of Goods Sold	3,395,362		$ 3,161,595		6,196,449	$ 6,768,784
Purchasing, Warehousing and Distribution Costs	241,534		356,297		524,531	684,094
Warranty Returns	$ 2,800		$ 9,400		$ 16,300	$ 25,900
Warranty Returns, Percent	0.10%		0.10%		0.40%	0.50%
Saleable Product Returns	$ 129,000		$ 255,000		$ 22,700	$ 133,600
Saleable Product Returns, Percentage	2.40%		2.50%		0.50%	2.80%
Sales Adjustments - Pricing and Shipping Adjustments	$ 96,000		$ 112,000		$ 6,200	$ 8,200
Sales Adjustments - Pricing and Shipping Adjustments, Percentage	1.80%		1.10%		0.10%	0.20%
Advertising and Marketing Costs	$ 83,140		$ 169,713		$ 50,451	$ 126,219
Long Term Deferred Tax Assets	1,649,000				1,649,000		$ 1,649,000
Current Federal Tax Provision					$ 183,000
Valuation Allowance Against Tax Assets					28.00%
Deferred income tax benefit - reversal of valuation allowance					$ 760,000
Customer Concentration Risk [Member]
Concentration Risk	$ 2,389,000	$ 20,468,000	$ 2,916,000	$ 3,070,000	$ 4,857,000	$ 5,530,000
Concentration Risk, Percentage	46.20%	54.00%	60.50%	60.50%	49.80%	55.90%
Supplier Concentration Risk [Member]
Concentration Risk, Percentage	75.00%	74.00%	78.00%	85.00%	56.00%	85.00%

XML 29 R8.htm IDEA: XBRL DOCUMENT

3. Inventory

6 Months Ended

Jun. 30, 2015

Inventory Disclosure [Abstract]

3. Inventory

3. Inventory

		June 30, 2015				December 31, 2014
Finished goods, net		$	8,878,889			$	7,123,654

XML 30 R32.htm IDEA: XBRL DOCUMENT

3. Inventory - Inventory (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Finished goods, net	$ 8,878,889	$ 7,123,654

XML 31 R40.htm IDEA: XBRL DOCUMENT

8. Equity Transactions - Warrant Activity (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2015
Equity [Abstract]
Outstanding, Beginning		$ 43,146	$ 43,146
Outstanding, Beginning, Per Share		$ 0.19	$ 0.19
Warrants Exercised	$ 0.230	$ 0.094
Outstanding, Ending	$ 43,146		$ 43,146
Outstanding, Ending, Per Share	$ 0.19		$ 0.19

XML 32 R2.htm IDEA: XBRL DOCUMENT

Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash and cash equivalents	$ 291,606	$ 340,903
Accounts receivable, net of allowance for doubtful accounts of $30,000 and $30,000	5,326,692	6,283,032
Inventory, net of reserve of $547,800 and $547,800	8,878,889	7,123,654
Deposits on inventory	278,973	661,744
Prepaid and other assets	809,131	566,022
Deferred tax assets - current	183,000	183,000
Total current assets	15,768,291	15,158,355
PROPERTY AND EQUIPMENT
Computer equipment and software	573,693	507,640
Office equipment and furniture	264,030	255,085
Leasehold improvements	172,048	169,904
Less: accumulated depreciation	(704,013)	(641,953)
Total property and equipment, net	305,758	290,676
Trademarks and patents, net of accumulated amortization of $63,328 and $60,945	130,661	135,064
Deposits	23,104	21,306
Deferred tax assets - long term	1,649,000	1,649,000
Total other assets	1,802,765	1,805,370
Total Assets	17,876,814	17,254,401
CURRENT LIABILITIES
Accounts payable and accrued expenses	2,621,606	2,589,623
Line of credit	3,260,382	2,586,034
Total current liabilities	5,881,988	5,175,657
Total Liabilities	5,881,988	5,175,657
STOCKHOLDERS' EQUITY
Common stock, $.001 par value; 172,744,750 shares authorized; 81,648,562 and 80,808,629 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively	81,649	80,808
Additional paid-in capital	20,477,544	20,293,486
Accumulated deficit	(8,564,367)	(8,295,550)
Total Stockholders' Equity	11,994,826	12,078,744
Total Liabilities and Stockholders' Equity	$ 17,876,814	$ 17,254,401

XML 33 R45.htm IDEA: XBRL DOCUMENT

8. Equity Transactions (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
8. Equity Transactions (Details Narrative) - USD ($)	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Jun. 04, 2015	Mar. 31, 2015	Jan. 23, 2015	Dec. 31, 2014	Mar. 31, 2014	Mar. 30, 2014	Dec. 31, 2013	May. 01, 2013	Apr. 01, 2011	Jun. 01, 2009	May. 18, 2006
Stock Issued, Exercise of Stock Option, Shares					733,333		106,600
Stock Issued, Exercise Price					$ .28
Common Stock, Shares Outstanding	81,648,562		81,648,562			80,889,171		80,808,629	76,704,275		76,681,498
Common Stock, Shares Reserved	3,020,187		3,020,187							21,000,000		16,000,000	13,000,000	11,000,000	4,250,000
Share Based Compensation Expense	$ 85,355	$ 93,107	$ 174,895	$ 157,116
Unrecognized Compensation Costs Related to Non-Vested Share-Based Compensation	$ 648,865		$ 648,865
Unrecognizd Employee Compensation Costs, Recognition Period			2 years 4 months
Total Fair Vaule of Shares Vested in Period			$ 298,026
Minimum [Member]
Stock Issued, Exercise Price							$ 0.09
Maximum [Member]
Stock Issued, Exercise Price							$ 0.095

XML 34 R6.htm IDEA: XBRL DOCUMENT

1. Description of Business

6 Months Ended

Jun. 30, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

1. Description of Business

1. Description of Business

XML 35 R35.htm IDEA: XBRL DOCUMENT

4. Property and Equipment (Details Narrative) - USD ($)	6 Months Ended
4. Property and Equipment (Details Narrative) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Property, Plant and Equipment [Abstract]
Depreciation Expense	$ 62,060	$ 53,777

XML 36 R22.htm IDEA: XBRL DOCUMENT

8. Equity Transactions (Tables)

6 Months Ended

Jun. 30, 2015

Equity [Abstract]

Warrant Activity

	Number of Shares		Weighted Average Exercise Price
Warrants outstanding at December 31, 2014		43,146		0.19
Warrants exercised		—
Warrants outstanding at June 30, 2015		43,146		0.19

Fair Value of Stock Options

	Three Months Ended			Three Months Ended			Six Months Ended			Six Months Ended
	June 30, 2015			June 30, 2014			June 30, 2015			June 30, 2014
Risk free interest rate		1.54	%		2.50% to 2.66%			1.54	%		0.05% to 2.66%
Dividends		—			—			—			—
Volatility factor		133.9	%		82.2	%		133.9	%		80.9% to 84.5%
Expected life		6.25 years			6.25 years			6.25 years			5.5 to 6.25 years

Stock Option Activity

	Number of Shares			Weighted Average Exercise Price
Outstanding at December 31, 2014		13,408,324		$	0.148
Granted		—
Exercised		(106,600	)	$	0.094
Cancelled/Expired		(519,487	)	$	0.15
Outstanding at March 31, 2015		12,782,237		$	0.148
Granted		733,333		$	0.280
Exercised		(733,333	)	$	0.230
Cancelled/Expired		—		$	0.150
Outstanding at June 30, 2015		12,782,237		$	0.148
Exercisable at June 30, 2015		8,481,203		$	0.146

Stock Options Outstanding, Information

Range of Exercise Price				Number Outstanding				Weighted Average Remaining Contractual Life (Years)				Weighted Average Exercise Price				Intrinsic Value Outstanding Shares
	$0.09 - $0.27				12,782,237				6.43			$	0.148			$	1,813,031

The following table summarizes information about stock options exercisable at June 30, 2015:

Range of Exercise Price				Number Exercisable				Weighted Average Remaining Contractual Life (Years)				Weighted Average Exercise Price				Intrinsic Value Exercisable Shares
	$0.09 - $0.26				8,481,203				5.18			$	0.146			$	1,220,680

Non-Vested Stock Options

	Number of Shares			Weighted Average Grant Date Fair Value

Non-Vested at December 31, 2014		5,858,535		$	0.146
Granted		—		$
Vested		(1,127,189	)	$	0.14
Forfeited		(300,000	)	$	0.16
Non-Vested at March 31, 2015		4,431,346		$	0.147
Granted		733,333		$	0.280
Vested		(863,645	)	$	0.14
Forfeited		—		$
Non-Vested at June 30, 2015		4,301,034		$	0.152

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details

XML 37 R36.htm IDEA: XBRL DOCUMENT

5. Trademarks and Patents - Trademarks and Patents (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Less: Accumulated amortization	$ (63,328)	$ (60,945)
Trademarks, net	130,661	135,064
Trademarks [Member]
Trademarks and patents	167,753	168,789
Patents [Member]
Trademarks and patents	$ 26,236	$ 24,835

XML 38 R24.htm IDEA: XBRL DOCUMENT

10. Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2015

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Year		Facilities		Equipment		Total
	2015	$	131,481	$	5,390	$	136,871
	2016		181,609		10,139		191,748
	2017		97,051		9,240		106,291
	2018		16,175		5,775		21,950

		$	426,316	$	30,544	$	456,860

XML 39 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 40 R7.htm IDEA: XBRL DOCUMENT

2. Accounting Policies

6 Months Ended

Jun. 30, 2015

Accounting Policies [Abstract]

2. Accounting Policies

2. Accounting Policies

Basis of Presentation

Basis of Consolidation

Use of Estimates

Cash and Cash Equivalents

Accounts Receivable

	June 30, 2015			December 31, 2014
Accounts receivable	$	5,356,692		$	6,313,032
Less - allowance for doubtful accounts		(30,000	)		(30,000	)

Net accounts receivable	$	5,326,692		$	6,283,032

Inventory

Property and Equipment

Trademarks

Long-Lived Asset Impairment

Operating Segment Reporting

Revenue Recognition

Revenue Disclosures

	Three Months Ended June 30, 2015						Three Months Ended June 30, 2014
Net Sales	Gloves		Apparel		Total		Gloves		Apparel		Total
Domestic	$	4,711,891	$	22,576	$	4,734,467	$	3,526,468	$	12,919	$	3,539,387
International		437,500		—		437,500		1,279,126		739		1,279,865
Total	$	5,149,391	$	22,576	$	5,171,967	$	4,805,594	$	13,658	$	4,819,252

	Six Months Ended June 30, 2015						Six Months Ended June 30, 2014
Net Sales	Gloves		Apparel		Total		Gloves		Apparel		Total
Domestic	$	8,162,102	$	30,423	$	8,192,525	$	7,461,389	$	81,252	$	7,542,641
International		1,547,124		—		1,547,124		2,352,207		739		2,352,946
Total	$	9,709,226	$	30,423	$	9,739,649	$	9,813,596	$	81,991	$	9,895,587

Cost of Goods Sold

Product Returns, Allowances and Adjustments

Reserve for Product Returns, Allowances and Adjustments

Reserve Balance 12/31/14	$	75,000
Payments Recorded During the Period		(132,390	)
		(57,390	)
Accrual for New Liabilities During the Reporting Period		132,390
Reserve Balance 3/31/15		75,000
Payments Recorded During the Period		(131,600	)
		(56,600	)
Accrual for New Liabilities During the Reporting Period		131,600
Reserve Balance 6/30/15	$	75,000

Advertising and Marketing

Shipping and Handling Costs

Freight billed to customers is recorded as sales revenue and the related freight costs as cost of sales.

Customer Concentrations

Supplier Concentrations

Stock Based Compensation

Earnings (Loss) Per Share

	Three Months Ended			Three Months Ended			Six Months Ended			Six Months Ended
	June 30, 2015			June 30, 2014			June 30, 2015			June 30, 2014
Numerator: Net Loss	$	(169,914	)	$	(281,705	)	$	(268,817	)	$	(773,006	)
Denominator: Basic and Diluted EPS
Common shares outstanding, beginning of period		80,889,171			76,704,275			80,808,629			76,681,498
Weighted average common shares issued during the period		243,640			413,896			203,035			230,365
Denominator for basic earnings per common share		81,132,811			77,117,171			81,011,664			76,911,863

The following potential common shares have been excluded from the computation of diluted net income (loss) per share for the periods presented as the effect would have been anti-dilutive:

	Three Months				Six Months
	Ended June 30,				Ended June 30,
	2015		2014		2015		2014
Options outstanding under the Company’s stock option plans		12,782,237		11,098,279		12,782,237		11,098,279
Common Stock Warrants		43,146		43,146		43,146		43,146

Income Taxes

We will continue to evaluate if it is more likely than not that we will realize the benefits from future deferred taxes.

Fair Value of Financial Instruments

FASB ASC 820 establishes a three-level hierarchy for disclosure to show the extent and level of judgment used to estimate fair value measurements.

There were no items measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014.

Recent Accounting Pronouncements

XML 41 R3.htm IDEA: XBRL DOCUMENT

Balance Sheets (Parenthetical) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Allowance for doubtful accounts (in Dollars)	$ 30,000	$ 30,000
Inventory reserve (in Dollars)	547,800	547,800
Accumulated amortization, trademarks (in Dollars)	$ 63,328	$ 60,945
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	172,744,750	172,744,750
Common stock, shares issued	81,648,562	80,808,629
Common stock, shares outstanding	81,648,562	80,808,629

XML 42 R17.htm IDEA: XBRL DOCUMENT

2. Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2015

Accounting Policies [Abstract]

Accounts Receivable

	June 30, 2015			December 31, 2014
Accounts receivable	$	5,356,692		$	6,313,032
Less - allowance for doubtful accounts		(30,000	)		(30,000	)

Net accounts receivable	$	5,326,692		$	6,283,032

Revenue Disclosures

	Three Months Ended June 30, 2015						Three Months Ended June 30, 2014
Net Sales	Gloves		Apparel		Total		Gloves		Apparel		Total
Domestic	$	4,711,891	$	22,576	$	4,734,467	$	3,526,468	$	12,919	$	3,539,387
International		437,500		—		437,500		1,279,126		739		1,279,865
Total	$	5,149,391	$	22,576	$	5,171,967	$	4,805,594	$	13,658	$	4,819,252

	Six Months Ended June 30, 2015						Six Months Ended June 30, 2014
Net Sales	Gloves		Apparel		Total		Gloves		Apparel		Total
Domestic	$	8,162,102	$	30,423	$	8,192,525	$	7,461,389	$	81,252	$	7,542,641
International		1,547,124		—		1,547,124		2,352,207		739		2,352,946
Total	$	9,709,226	$	30,423	$	9,739,649	$	9,813,596	$	81,991	$	9,895,587

Product Returns, Allowances and Adjustments

Reserve for Product Returns, Allowances and Adjustments

Reserve Balance 12/31/14	$	75,000
Payments Recorded During the Period		(132,390	)
		(57,390	)
Accrual for New Liabilities During the Reporting Period		132,390
Reserve Balance 3/31/15		75,000
Payments Recorded During the Period		(131,600	)
		(56,600	)
Accrual for New Liabilities During the Reporting Period		131,600
Reserve Balance 6/30/15	$	75,000

Earnings (Loss) Per Share

	Three Months Ended			Three Months Ended			Six Months Ended			Six Months Ended
	June 30, 2015			June 30, 2014			June 30, 2015			June 30, 2014
Numerator: Net Loss	$	(169,914	)	$	(281,705	)	$	(268,817	)	$	(773,006	)
Denominator: Basic and Diluted EPS
Common shares outstanding, beginning of period		80,889,171			76,704,275			80,808,629			76,681,498
Weighted average common shares issued during the period		243,640			413,896			203,035			230,365
Denominator for basic earnings per common share		81,132,811			77,117,171			81,011,664			76,911,863

Earnings Per Share, Anti-Dilutive Common Shares

	Three Months				Six Months
	Ended June 30,				Ended June 30,
	2015		2014		2015		2014
Options outstanding under the Company’s stock option plans		12,782,237		11,098,279		12,782,237		11,098,279
Common Stock Warrants		43,146		43,146		43,146		43,146

XML 43 R1.htm IDEA: XBRL DOCUMENT

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2015	Aug. 07, 2015
Document And Entity Information
Entity Registrant Name	IRONCLAD PERFORMANCE WEAR CORP
Entity Central Index Key	0001301712
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		81,648,562
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2015

XML 44 R18.htm IDEA: XBRL DOCUMENT

3. Inventory (Tables)

6 Months Ended

Jun. 30, 2015

Inventory Disclosure [Abstract]

Inventory

		June 30, 2015				December 31, 2014
Finished goods, net		$	8,878,889			$	7,123,654

XML 45 R4.htm IDEA: XBRL DOCUMENT

Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
Statements of Operations (Unaudited) - USD ($)	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
REVENUES
Net sales	$ 5,171,966	$ 4,819,252	$ 9,739,649	$ 9,895,587
COST OF SALES
Cost of sales	3,395,362	3,161,595	6,196,449	6,768,784
GROSS PROFIT	1,776,604	1,657,657	3,543,200	3,126,803
OPERATING EXPENSES
General and administrative	761,411	763,033	1,439,823	1,535,090
Sales and marketing	733,424	659,265	1,432,304	1,362,484
Research and development	158,132	132,335	313,602	252,983
Purchasing, warehousing and distribution	241,534	356,297	524,531	684,094
Depreciation and amortization	31,831	28,675	66,828	58,495
Total operating expenses	1,926,332	1,939,605	3,777,088	3,893,146
LOSS FROM OPERATIONS	(149,728)	$ (281,948)	(233,888)	(766,343)
OTHER INCOME (EXPENSE)
Interest expense	(20,193)		(34,942)	(6,913)
Interest income	$ 7	$ 7	$ 14	14
Other income, net		131		131
Gain on disposition of equipment		105		105
Total other income (expense)	$ (20,186)	243	$ (34,928)	(6,663)
NET LOSS BEFORE PROVISION FOR INCOME TAXES	$ (169,914)	$ (281,705)	$ (268,816)	$ (773,006)
BENEFIT FROM INCOME TAXES
NET LOSS	$ (169,914)	$ (281,705)	$ (268,816)	$ (773,006)
NET LOSS PER COMMON SHARE
Basic	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.01)
Diluted	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.01)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic	81,132,811	77,117,171	81,011,664	76,911,863
Diluted	81,132,811	77,117,171	81,011,664	76,911,863

XML 46 R12.htm IDEA: XBRL DOCUMENT

7. Bank Lines of Credit

6 Months Ended

Jun. 30, 2015

Debt Disclosure [Abstract]

7. Bank Lines of Credit

7. Bank Lines of Credit

Bank Revolving Loan

As of June 30, 2015 and December 31, 2014, the total amounts due to Capital One, N.A. were $3,260,382 and $2,586,034, respectively.

XML 47 R11.htm IDEA: XBRL DOCUMENT

6. Accounts Payable and Accrued Expenses

6 Months Ended

Jun. 30, 2015

Payables and Accruals [Abstract]

6. Accounts Payable and Accrued Expenses

6. Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consisted of the following at June 30, 2015 and December 31, 2014:

	June 30, 2015		December 31, 2014
Accounts payable	$	1,878,073	$	1,770,620
Accrued rebates and co-op		126,545		202,805
Customer deposits		167,332		167,410
Accrued returns reserve		75,000		75,000
Accrued expenses – other		374,656		373,788

Total accounts payable and accrued expenses	$	2,621,606	$	2,589,623

XML 48 R23.htm IDEA: XBRL DOCUMENT

9. Income Taxes (Tables)

6 Months Ended

Jun. 30, 2015

Income Tax Disclosure [Abstract]

Income Taxes

	June 30, 2015			June 30, 2014
Statutory regular federal income benefit rate		34.0	%		34.0	%
State income taxes, net of federal benefit		2.7	%		5.3	%
Change in valuation allowance		(36.7	%)		(39.3	%)
Total		—	%		—	%

ZIP 49 0000721748-15-000592-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000721748-15-000592-xbrl.zip M4$L#!!0````(`-QM#$=9U&KHV:X``-M:!P`1`!P`:6-P=RTR,#$U,#8S,"YX M;6Q55`D``X^&RU6/ALM5=7@+``$$)0X```0Y`0``[%UI<]LZEOT^5?,?..Z: MKIFJR.:^.$N7ESCM>8GMMI/WIC^E:!&2\4*1&I"TK?[U/3CH7?V<'%] M?23\[=.__YL`_WWXCUY/N,+(=4Z%2[_?N_8&_GOAQAZA4^$+\A"Q0Y^\%WZW MW8A^XU]A%Q'APA^-710B2$B03@7UV+2%7J]`L;\CS_')C_OK>;%/83@^/3EY M>7DY]OQG^\4GOX+COE^LN`<_(GTT+TLT)4W2A.N+NS\$2?S'\>L`Z%_:(23) MHJ3]IWPIFO"')'^7C%-5/=74@C"A'4;!`N;5%$5)A/^2QS^\/A(7G](_!6@! M+SA]#?#'(Z9F+\JQ3X8G,CQV\K_?OC[TG]#([F$O"&VOCXYF3[G8^Y7UG&19 MUDF<.LNZDI."SS"4$YK\:`>+DBG!-?E7F$"J$\X?8#-K)TEB*BO.S*HG6?$L MJX.6\@6H?SSTGT\@`?)+:D^4>HHTRT[0()>R?@*ILXPX\%59,M;5+\DQ>R`* M>D/;'L\?&-C!8YQYFD#):&DRD$)\%P69S\0I&0]YON=%HVQ>3DA.PLD8G4"F M'N1"!/?GSVU^*/T`5?S\"?J/F(RH*^+13-Y4$J=!++Q[-!!B-9T^Q3;&_?%+ M;_;`\6O@'$V3*=3'HP#3#G\DG,R*2N3>][T0O88"=CX>71%_-*N^*(5^\EGO M+?#GCR$OQ.%D_NW\>^S0E`$&#Q.S1"D+S)1R)(B2H8D?SA9?G@! M=Y*)-T4;@_5\9Y4%=`,24H_Q:5&=64F+M)7'P*LQ#]%Z+^"=U".S[U,$9E]. M39IOY[/@=I!@F#W1:)EM$R<3?EI48`XQ3:G;2"T48-I(K)(:,9+:DV3JL%IK MI&D%FC'2PJVIA^76U/UR:U,[JXR=U?;;62UC9W4[=I8.R\[\PW2C=IXZ5Z7M MSE5ITKG.1Z`V"C`U`C4X3&<'U@HTRL]^%(3^Z.>/A^_$=B"JAWGS-S1Z1&1G MIEQT3S0<(<8&\R0'R+R.7=S'8<)5<##D3-8KII.OTROLX1!]Q<_(N?;`ED/\ MZ**S($!A<#[Y9O_IDPO7#H*S5QPH"H*Z`W#L#3M)+9FB$Q6GJ,#@B'AV"`UBN]VXM]8< MG;CJ$=<;=UY%K-))C5-J%_YX0O#P*?SVEMU7EA4Z*15<@?PYM?O/2W^$@A#W M+_S("\DDL==,:%]<_QD=B,#H+BRBSW]!_I#8XR?"[@3=PC,&^9M$G:`[0;=P M-Z[.&'KVW=EX;!/D=BK?KLI39M^UWS[@R+J3>2?S-Q!O=S+O9/X&HO!.YIW, MVQN;7_D$X:'7S37'IUFF>,-3S5;&X)V<.SD?4*S=R;F3\P'%U)V<.SF_P=CY MK3SW[*IY5Q9">??9%/*R.T3C[[(I_#B7W6AO]O0%OEHOHN+NJDU3YI'4[, MU$EKSZ1U./%4)ZT]DU:K8JU#/JW0AH,"K8J>.K'LW+.T)Q[JQ+)SS]*>"*<3 MR\X]2ZMCEL/>XVW%]FK;(YE.0CN74-OCFTY".Y=0VZ.>3D([E]`^QT++5X2V M[(<0]OS^S,5O0;70MNG?@E*V\$L<[3:2VJ21UESJ.UNNOX@=/2(7OM>'2I#X MTN1['/PZ#)^_4JWSR3GR^D_T/NCT`OX&0[0RG&C\CM^E<*)35MN453;*V,E% MY#-E/41CL%2GK-,-ANA\%J_/ZI35`F7ML\_*/478C88M&`U;M7C<*:M%RFK5 MFG*GK!8IJU5+S9VR6J2L?5Z!SHVSN@B^!1%\*^.L3EDM4%8KXZQ.62U05BOC MK$Y9+5#6_L59BQWH=-3NC\91B,CG_XOPF%KA,%1T1WPP4SBY?7. M)]\G8[04L&?;8-L"2F^SLTIH:)M=DE-[>YT2]E`)TU9J5`DK=[Q%Q,-A1!"8 MZPJ_TD\'2PSY9GACGJ'3P_[J81?^X2NR`_3DN\[U:$S\Y_C\Y5L4Q!H[ MO#$/T2EBGQ6Q"Q_QG=@.HG.V`Y'!%0;?C[[B9^1<>V"^(7YTT5D0H#`XGWRS M__3)A6L'05H.RT9X8UZAT\!^:6`7?N#.#@]G+"@E@)0%WI@'Z%I_7UJ_T;X_ M7;66F55K.<%KV4LRND;05-A=W,YU=$^CBP(=YXN[)8,4+G7XK[ETY!^Z"@+<_&8HW* M2LMBP[21:`6V8:3YE/4;S/)&T>@P>LD]S%*7EJA3]=MM!]A^V]JOA]VV;/T. MNVW!>XI:3S);Z]QF%6C42!8=9<2VK0XP1II6H%$O(27GBUMKI%D%&C620M7: M9B--*]#P\C=](5ELKY&F%6A^ATA4VVND:06VNHUV#3F(9[OWZ!EY$7I`Y!GW MT?7]PV'$,M=>WQ^A[_;K610^^60^>UNDKZW^X<_CTF\`T$OOSCSGJ]^WW?^) M"`XQ^6JOI&& MGO7Z`SN7G]W0L]3].8"_I1V`O*O(N_Z]L_7]_7R=>5;B^H^.55/AG[ M!"`/62N+][I2E=VU6MKC63JU[%XM>^9;7@./@9U+-J M6_KL331"T+H^614/APV6.6:5RH!>(L\?86\3[&:[+.-F%3Q+3UFA@$'O`&9# MDXWA8^D&FQZ7SH6(@[]IIN(@#L*GG^,>=H^&.`@)=)$;>X2$:0^X1X-UHR#$ MG/>W-Q=?SRZ%N\_W5[?WW\YN+CX+?WP^NQ66 MQL*=0:I#_^(]@&Q]#SG)T:7"L#<^*X"D*[51L71_DE]VJ;25E%C-A=@[J%/BG>IAY'MPG/"O'B!7O]@ M>Q.60JKHK(Z0-'DBX"OXKGAE_R&G.\%*2?EP5&%\8/1S%MR\I(RVA.C']QY" MO_\K&4.9@[DIW$5$:/9$XTB@KC=.F`Z]@H/Z&(P=?#RZOKDZ^F1*NFIJ>MJ3 MK0&;49M'7W;P=.8Y]"^Z3OALNW&$%E[8A$P@_^^V&Z$FRJ8A*24+7WC-\"YX3 MLI2UB&D:IFE:"P)LH;R`16H,,9:B:VHQP#/GV?;ZX*Z\>2Z(D?M/=H""TB[( M,"V#Z>#K,*KR*20!73)4M1R?2S1`(`V';N?&KTI^Q?;C=.FV>F^10)LBXVB* MH=7'L8CUZN&89*UJ+LW031C@F*9DB^7&+%1]3=),1=,*8GZS^T_80V3"7K7Q MA?A!Z=ZD&8IN,;TI'Z$:ER+&T$1#5\4R7+(N'ZID%AF(*`R57(!*3(H81=8T MT=1*,,F\;:62421#%E5S024?H1J70AU'MRQ1+<,%1NAH%+DP:7$NT9A`H?'5 MF/#91?0#V/5L1*<\_XJ_S[WAIJP5#5&%.#$5,=3"9YOU+#0NJI*E;:&>N1DK M1%6*J!D:H_1U&%7Y%'("EJ@;>CD^:RYFJ&`A21$A\&'A44@ZM*7*T$CBL/EQ0Q2`SN)]G[H, M).FJE1G[%<"LF6ZQ$:<^NK69T!1E0U^)'JL!%PO;14TQ1%[@\I&'";&YI"[C M%4_3R+D,'.5BG,169?3"VTRINF9FJXJ.B/"S5CUL"MBL)XI6YK&;FCPLXM5 M1F?O\ULJ(*AR([J]=4>GA#`[#$."'Z.0CB;??1IG`%OBNRYDB=]_0D'Y*$JR M+-64F2:OA\_V:EDHNI%%B*+8#M9,+1D'"`FI#J8E8L;>9G=$30& MW_+Y=8R\`*5G$:5'$=&2%(E=,\C'J,JGT$BJZZ(LE^-SYKK^"]U5N?+)I1\] MAH/(7=UIJQA,T8T(=D;#@UD[X4);W342GN]5T;$^^:T@%"#R7"%04PV3I9>/ M4(U+(>V5YK)F#8D9UMB%R[+VTA5%9L(O?N!FJ!=:ZA4M5:N3.A-[WMGDEL0O MM3IQ&'J'2'P$IK"9[W+.V8C'(NNR"T#6Q#+3HEMAF6!,7QS^%W**V3"'&8QZ M$$VD3[+D0U5DM6JS[;"*#PQ6L]/B/-<&E`ID"ILGGN/I$:6D:>\1Q`X4+/PAO!U]\WPD>8")7AQ9T:`8U MO'YFI_R8#QA-VD+@_-V^Z2KAFI=?5*T%SMK4BR;K)'Q-=! M(P\1VZ7[5\X(IC5!_$.ZSVBZ:E%'^TNJ8IGLWMD&S'HH0N\>`6G:Y;,'KQHD!>?S&`\5\U2!J-+8#;ITS<]+B$0`G]4]&VR(Y+=1#-6Z92DMW#$QZ/099_AVG85*K? MB>T%]+W#>'60QF.%W^5;._>158W=$BF&7"M?+DG**HP:ZN[X<@?SFBY;QD[Y M\D7^IBI:E>W+GF9>.L1>NAP3W"6HJE MBUH#-/AFIZ:E2*K.02,Y?_P5YK`4\@(H8"^"_-,'?:\6L?0@_C!9L6R&K8TH MEYQZDFH9\@Z(\@JN)YN2I>Z&*)X:N*ZI2C6AR6*C.V81JJ3++*850C@!? M="9*EE(G@0(">@WPJ8?=CT6CY#(@WV$XUD'EHKO4:1 M/L"1A5.1#]_21+-TN)?`&J?#MQ!1HK5N4+AP+?4,6KII2LQ@FD(H`\\Y%.F6 MQ1JB&GR9`<9@(YK*\)S#AJ&(8E'CSPX+SXZQG-L![I?20-Y1FAX]2[-@DPE8 MA=5Z:>R$U4;%[(K5>B&M8R559'6)W2A$Y79P2UIK"EF-62/JJLZL*875PJP1 ME>4P^P/AX1,]UO@,,?`0W43TCM/;P/)BJQ1JBY ME9`4&*JD?:G$>DWGG34R),E('8':>276R#_WP)0E2::N-%N):0]:?]9K*[TB MCTDS%6FP9VRQ(LWVCNU6I,$>4K0B\5LO-[[GSY;YDA"YY.QGT_H`']JFR4Z- M:/S[H8R6'<=N>G\\7&'IT)W7KT\.'M('6I2_;U._4)H1)X55V4!^>6 M"3O]+09;*UD^$54GNWEE]AP-?(*8.TLNX4,0EIQK;UIOJ<"G^:I56\O9WZI5 M7B?:ZZI56X.JO6J09;H6?HX\5/Y,\.:5?1ZTJAZ:`ZV670L>M$T"V(3&;KO7 M+$:QO5 MD,IPBM\-NAW'5Q#"4%OG&5M#-=GC']E(Y?GPGTB&2=GRI1<;^4!?)?2NS4N4 M_'WMK;YC7DLH86FZHJ;>V=X,7!=9[F%&4151LZRZV<[>4U^^P*BT`C5-5K1U M+!G$RO1XK6AJAB[SLHM_\V9VJR%SYW8M&E1,V:"+%GD@94CP=U/-HJ\S;^*0 M;[7I31NS^PHWW^I1TERRJEKBVCY0A$ES]>$^BB5*HJ$T7Y\BE^75<_[>,M=V MKR)$FJL.=\>0#,NRY+HK!!/M/D)./#_(F'KG7HUY86OI#`5O"LYFT$@5N$]F*>P.:N4ZT)]7L(,G:#;Z MJW?.^>1'0(M*#N_0T_#]$#_7YHP,0ULZ&U(0O%[:W+,*39%JH&UFB9K*OFE3F!5[+^WT9\(GB7O`?1@EZQK5>KHIBQJ[358`N":N_),W$5I9 M-"MQG1UII%>$-GBZF1;/"UW/@=]LY/DB:85Z%UX=S$>I854PQY//W[ZH=_3K MZ1I]IW[C0)(!7R]Q[C<]==60V7OES6]E25,4JQ;FV3]SV-P4I*=:J==E>?#K MYLX=!ZNFIM3$?;Z4]?7ZZG9Z$6?RY,63389-G84I`\N__YB^VV<3YN;5E1_> M(W9=Y"R6D9MRDZ6QN8TDF:*X=J4_`WC%[=CTI]!N!_QO/7[ZJQN^'PM!.''1 MQZ,1-`/V3@7QO4`?[MDN'L(_Z>X1'DR._CH,W]/\C_2#="QRB7#AD[&?&%3XKX2'*2A0P*8)/V#0_(DSB?PLO=B!@B!(3JLB!?P@WZ-EV;`%H M?[,G@JR_@]J*JF![3DP1>4-[B.ACE+7P.&TWVH8."L!F-*<`AH@&=I\JBZ8\ M$O@2BA\S5GKQR2_AA9H*SRY/%T([^-4+QJ#Q`>X+0]>G5Q?3\I@'8Q;V>&P3 MY$XAH>30%^@G^ISMA>Y$P,G/V<4D*0J:UUPRWD.A\2KF)'[.'B!W\DY``WK% M/HJ?II@0/`_H_06/\.\IOC!,[AZ"QV(:3WCX!*ESQG_ZC\(@\OIQ-SH6KFE` M!`*"*)P`)-AB3*#W$DSY>0ZD$`R%.?0*(WI;O$^"=P*X,^<%\KX3W/A$9,S% MAL213V,>@=`?":`_D_YN63+G>"B<^Z]L\S_%Q_00G8HDA@QF/TH^I+>T+0H[ M%KZ#H::B`PXTB;H,,&V`7X4?QP_'PA@D`F/3.]`&`OY0IF[_A":S84R/?]YZH.698GC0I;DDR@DYAY38/EK M!E1A"*:%69B3D`F)[2"P_R^H@P6%]B(8TU=2U*6OYMR3XI(^#;U"8LM?-0=; MI)).9^#FA5-K&*"Y\8308[%"G'J\<%M,G+;BL%.[:7>)Q?^."MVV2.\#_9EH M].>/A^]S7M\0U1XS^DR+73G7.]]A8W`;X`-#68`*DS*VPNDN:;K"K*S&6%VS MZOK_]MZUN7$C213]?B+.?T#XMB.Z(R":`$B0M'=(0A-TH!/MQ["=$[HVIZRZPX438[E[:NW+XA.((FG@@="%C^'5 M<^>!:'$C1``BBD#9BBY=G"R:\'WK)W?TMR0:D&1@Z`5J,E(H0K%I/!8+>6&C MX/5[0!-0L7W:CTN0A.!`$!"Z5/SWR\LO!!)(\_FP2!ET7Z,9&\1EKRR1N'CP<(TPS%PC2*2&+) MGW]#=.=/2!0*0'",8R]Z)+`\8^KY$5)5=A`U8HO$=";&.<7$0NTR@5"]E&_T M7-5O1GP7IG`#W*"8[-&@`-B_I$2>DX>B_,HQ%,H9"[@&?.41-15!6@RHUW1+ M&(Z%RI'54QN9T7U)>2.-XS((4ICHJT`)'-4K19+_!\``%3V'#@B(U:]H?&=8 M+LOY>!-T3HQQU?/E=QF;.AO&O`8/S@Y^(AEZJLX&0! M-Y!5DS>/",XDXD55Z>$N1(85H%?0,I]0,\/,?KZSRHE&]W M3YG=*JE37B^Q=D.@G63N_2F-+T;`E@D80"CTL)D"[LWY@JDD$C/R8^&K2.>1 M4*8'>,UC;Q&^,]."V\@D<*=?=OCPF))-;LFX0.\Q%,5W\9I-4KJ@XG1&GBB\ M"2;^=`J03D&NEI)$!G''T`3T%0N9@\Z"-ZVAT!$.*QQU.D6G-DLO1@)T_B!'D()VHL#` M06?^/4M9LS"XO9B1\881=O*'$=TCM'CZH#E*SN-4*KN5DJ)B$LBD=7'FPW(G M1"A2W&)1(02MU5?6ICD:A?@0D209"6',X=S<.#]YE#<&K#-)I>T3A_DH M)F0ME<'7((/"D9;W&4_P^N/[JW'T@,)2!N7SD*Z0-A? MV?VNV>UVU9$@$#1)G2/)X/$O$6/TM![\!A8[$H]G,6\3B9T-]^@7.R"2Y^QD$^^Z/ MOP"]XEFWX*P;W_PY;.QOXL'X&L)58O(7)FB7D3_](8<'08G4/$`4"9K&%9YN MPB0)YSSNQ0,54,`O9Y-\`#1!T2"3BG7++^EG-8=<[@6/#=!6@ M)_C/'YP,-_J^LNOA%T/B2TWQ%LC^3YS(((&1IOOO-!"&TR6-JG_LP"ZI@"6` M?TJB-7?T!B:YC8#>)TA58?2S$=W>O+:[/=-VAJ;=[[^IVF(UJB2ZOOMC\5S- MQ#3YQ5!(P[_@H4Y/(BT[8%'Q@%4A7LY@_]@Y=-=T+,?L.GM8^BZH]X\[D(-7D6P]F6IGNYYV M/^'E>/&4?+T?/E*\!&KXQ.;TMLZX.3V\=D@H66?%-2"^:;&V`ZP]]Q50=U!6 MH&[=K=MT:ZI1O^:+328\LP4="1^V._U5G+A*"UK]"7M1>FO('I4`[8;QT%!T M;\S$VI?TFB,6Q!9[M=A2LP>;$NS98=`U[>%JZ6"MXOR(M\I6#Z]C2 ME0W@5;^7&ZC1O^(KGRA!(FU0=S[:>1X[!D67%&>*A/$0^4DB<(XIF\`F`A8V M,=(`=7:T#,&C';0QH`E&&="6AEI$XMX/TWCVJ$:41I8IS0*/(BE/>`H5.X=N M5UD9'K"+]N$Q12L3CA<>?#U)_#X\*50)FPD:\?[OSQG>$M%E'X77J,V(4=X>X'IL&?PC1Y@R;9.345S,\" M=N;*HT/9->/'=S`M16H6[7[R#,[PT[TO'MA$F[L2_DJ]("$[*!,INMP##O1@ M0H6C86!\K!\KJZHT-^(C[(A(A#8@,P8-OCH6D7LF<%0Q1AJ7,18+SMLQ,`), M`B._0ABDTXE=_'NG&N/9SH1*YN?0$97)?_H'I+`ND=5'*/!"+^&S0>X'X'+I M'(-LX(>)5F^K0Q`5"GSY<3X&QI??TKG#T%N\_R]F?B",N4CN0J!5-)L7/&)& MV1O&SD>>F-UAIL&'-:(P'O0-4TP(AS;F5/$!YR[3YA)<84QHQQ!"[0)E8?C*G@ M"T8C5BD],4@$01DLHPA2%IUO^(@"^%\,]>1O&#!9*/AEH'4,&_^IA M\$3FWL)/`,W_EFYMGA#O-P">G)DS&5/&`.&UG)Z^U/0)O?54?L2X1/9D7,WQ MZ)_'-5'P)LM*`!0J*M4'07YI+/ID(-.5,2%C/X++`BM_CZ4(0S%'X5@=J3LO M(95C3-1(#!Y]H4A4M?2^%!4!(@P(\UX48?P'$AH)0\2UI:B7C4HP2.\LO884 M?<-7'4J!I$+\@:(_9CV%4:Q#)P>C2;4(184!DI2,11C'J(G@+2-WWRS$$LI` M#T10MD9UO:4!1LR@$D'QEPF[@Z<@J<8Y(\A1I#"20^6#/`?75$J!G6I#M)_C MPDH)EK4>`<^PM>3TJ)7SY7":<-5?!P)$Z8YQJ2P$G32Y!S0K3&,,[DTR(O0DGB+8[0?'4F>:TP`H)<2S-'7(5OW"@.7Y# M2XU1@)61>+$'IS)Y7'!PW<6AYP>DN%#QEDM_M%!=_P1)BU M"-PMEBD%65HC<@2.OY.C9`_BF:<\S&:A-#C`\M[JNQ_+`T'W!&5R8@0K["1@ MA[00X,:!8?^X@I?@32""5-1N?($CWXB9+U#1R-G\[2VHY[(:;^0C'7DXW%H&=&[D5ZF%5`*5;M[8LD*]N?9Z.WB6$D,#,(`,/ M_!-_P(R`*+[S%UK:UL*CZZ,PG+)V@J`I%!3X&BV&DKA1E(X>3;2"2'U.WA2, M0B5?`@OAH&FIN^*5YH_)A5"DC-B;48+\6#PEZ>D$A[D-"0J?M)*I_QUU7P0/ MH0"6BR*U7,I$2LPT4>;J*%YI*ILMX>PJ'1^DOG-^&[/^1QW(CG%9[<&0AQ&O M`WD:M;=J3Z9R%^2A[YFD'0E:@+2J]SY,#3_\NJ[LE,A)FHHU(D]<$2SH3!E:>``F&>199BI&9>,#\LBH=6ND( M8S$#*1O?48_FR\0FRI,R25:@` M,:N6>-\*5)%]],YP.'*8)C/6V>&V`&4V$MZ?$V#AADI+I`0MU`8Q%XSL*_'/ M!]OX-H1ZJZADR]HV+/D;>3!^Y;R/#Y2L^IQAU7M?P/9AUHUVO5E((;V)H4Q8 MEG!/D::[BUC_.UM*CAS*2ZG2'SF8W\+$.WH@VQW?\XX?*,FCU^5$!-5>K19U M!\Q;*.>AY(%[/7-@6>9P9#TUQ(EF;-2OW+;-_L!]<W!J#/;,8;=O]D=EST.+P:88M!S3[=>;0%KT/4F`U@@NX:-- M=-XX**!U*I^&4_G:_W[*+N65X+<.Y=:]>`Q@M@[E=L=;A_)&3I>A:;FV:77/ MM03@"G=3U^S9SHM;-FSXR#;[=KWH<:XK'Y@]US*=X9V]A:!K5-Y ME[0WZNTUH.$HG,HOT84\,@?=D6FO$:[2.E#6TI);]#U)@,X(5)#F_+G%8!F# M0\LQ^Z/V"&^*0=#^1VT0S38$..J;_15AZ6VM[*J>MP-J$) M3SJW7JV):@ISO0G9BS36NA#+"I9>'(>RNBG53^!$>%4-3ZM$@I4R<"JL`R++ MK_G1A"I]/,JR;EACZ/7'SV]YZ#.:8# MC,%Q;?H!_K1<"RZJ/I;@8^S?B]GCRFEC_[NA3T@0K)S4-:V1:_9Z(Y[4-0?N MT!P,>Z5)3_6$?>%R,D3#:NT1X/B3A:F M*)/+:OKLVST8W,H*_K]R@4RZHQ,GE:H2X<1%OW*35Q,KYW"G!F86EUIC]I._ M@=1B([58K[A8K:L\%T*YB4*/*X-1Z3$^%P'5/>&BAUHWXG`ZI<*NP#EOHS". MJ2I,C%T89']V+":$!<^X6B$6?GW,>NMBN3,Q%;*O=E;T1?L91R.9YO_3BU#) MPE"J-)^V@%.LD;=BM!U!_X="O*1WXZ)0$0N+?GKY[BS"F3]^Y*IS5(&6*SWQ M3E$E3:S8,X<;^W"O MY4$W2JRY1*I8")JH30IN_IQK],%_34FEI=)XA6IRXCM6F$7Q3R]W;0+H(6AV M.1_)>>4#\B]9=TXO^'CK8\,"KI6,LD0:J*;,`$Y61,O]A=O:A*G>LH.;[Q"Z M\*,2Z>G`34+!=>AB`".`P<.?*Q.8@)IR:EZGO%"TP2%8N79>K.3BB_EO`.7 MP8NX06$*2\A&PHM#W`UNFP*8Q.K[L":X>A+N]$PX#1#15-J2F,EROS/&ARP, M206\\09)A2:MA7EQ,2.#)/LF%M$]EDM%]`NC%(N#9CL/>`0J`=KX4C&Z MH8^\>QH!/8]WWH(]5NJ>7;Z/+,M6!&)E7P[SY^RE.PJ!N6R\=`;MWR(*-[^& M3Y8"/X;1LJ2KLTO0"&=4(=0;)]B]C;NIH4=//DZ01%2A$_"LZJIRUX5B2SDU M/%X#5!J=R+1C(`RU_%:'Q9O%X0J`&!*^(`@@4QX`V4)AAD84$^ZKX`*(.HW( M6B1[1N#-6BR.FMUMP)FC5,A*K*O/"%]@<5[R/`T6V(1NS$DJ^%I>51=.--I_ MYCY,_/=<&Y$J/R"!2\SF_2HD2D!\5#V44`3%V>-%F-TB42HQH8@Y'V#F>S=4 M3GW)=%=\3N&>B]_K??_P.8T"-"5*F0:5M)PSI@PX>0PK%O0-BU=*V*E`->EI M.I50L5W>\!*%'.[HG6?FT5?)%9%\UK4\Z+Z#Q@X1+6;^V6,,=I.1M:[O9U// MT\J8MZ8O'DGHIR3Z0;R?W*LGY8RLI9#7;L'"-&UAO4QNOV5 M#<0/&J"[3LA-&;KE/M`J5NH+E[2/J84"->E[GV:>F2_$SAM[&D\__NJUY=BF M,SK6%O*U!_6H>=[K_F`E3I\-??LY09=2%,([&.__3U)P0R^I=I:RMDXO[U3M M[E`=]AIL=/4Y=/,MYS,=]@P^<;&UM]DYGCNXS2RTS+6WV4YO,WX.U7'=9LLTD0=+EB\Y]R>G6W7)G6W8Y1/WYTG%7,(0-Q6`W&1P["\ZYG)" M!)Q%,OWJ17^*\^AU6E[:7"U-"PZ3(6"30L=W0WNS&"BV9:#!JZ%C6KTN^V#Z M7;/7MU1LP<@<6([\PW9-VQJ=MI-NB="NE<$?U_A?\*\9_H&QCV<0=O61@U<- MN)AGI>YNJKLSR;Z>,O?+;ENJ&YOTO*?_ZNS#` MBBZR5?7I$P%W5]):68Y5SW"*UB@'&3G#S,7?22NFPD=XK!8,S)4^IJ?*X'.);+HX"PD*0$S"?`/:8`2>&A9[R>Y@B:`9^M M!--ILQZH9?EA!9'G:Z4#OCY,[$LOG(7!J\?WXF\F7A^)+3@?/I*)T&,'ZH`'9(!YR7BPU"WW,.*CM=JLY M:(:110$5]%M'9YX()C!:?VR(#(DS0B*^282(!@#,ITIET_N)?^]30%_YC4+_ M:W@#Y`P>X2Z<35#9D%R#PZW$Y,(#J<:[Y;.19VGI;\9ZD'S'>._/"(IFL,;^ M'.")$)J;U4N41K*Q6"0Y%X*=".?`-S#*WB!-R%?D<6Q(Y"8YE795IS,CDW`J>#1B;F&)R%.7?`:07V02G M>L@N,:6,[QO%_%'Q12)I*,RS6"YMI68A:GGLS<8I&\8F9?+-Z993<=7),.3) MD'2[?!3@UIH]DCS!+\J1FB=L MF8QI5KA'ZE4;"Q))A&=/RO=+.Q#86=7GFU?CZD46. M)123F?Q\L!TZSQ#G700"-*KTK1EE]!8#YSMKN9G"$,!CJ2:_'.V MY-@IL&N5'#TTL">-V4,U%RA'SJ^(&\F_QH=R/?`W=:7_;&![%-0!:W="B[?? M342)-N#N@TORG(:U1]=C]MR1.6J0.5&'DX8!?"\;R?;0,@?=1DT'6B1OC&1W M:`ZM1OW36R1OBN3!P#&[W?IRE#M"\H$C$HM7R/M)OI?LK>].'+]>:B M[&ED_;4+:A=T@HFFFU0-+Q[]=W7F9M.X$;=^$)"Y;2JC7HYL3X9=X\P-:$RA:*: M(?Q1-L(7?2K2_;(4#[HJ](?5W0 M3YRUC&TM^C3T.5W3*ON/+15QI/]24/W+GE8(%T/&G7P&-,?>\*6J;$DS# M#@N8<3^T7DB7A7WB!RZ.ZY M&=*)]P&I"3^IC]I2X5XJOBKKXD"`Z/%56&%<&APQ_,C'*N9B.<1-19S(-!QC M@84L*1M`1H#*\*QRO%DA#JB-*6DDEQPFIF2P3G3'<\R7QUAL+>DUPN@3X#PO MLC\4@K@./N/1H?S(@AQ.(1#C%");3A2/!XICZ=MU%1P_RWP,/7J7DS*T*&&) MMY[["V8H88X&IW%P@D;M-F2NV&W\T)M*FG*(46WI2\LV!T,;L-C(8;\E&,>* M`]!01D!%@WKS__GCH*6#O=+!X2H52M\I9[3*KC9;"*1[\5?UL&1-O;']M)QO M[6)>Q&+.Q492.>PF$V2C43+G%5M&OGG?Q5E4[5B5XCGH=2^LFBS/RV+:\._! M&/B]YP>RN9,?&#JFC`OC$K\!X7H1B=SF1%-=9\GROX4=P^KR-57.M>^4X3+& M,R_RI[[(DYQ+N3?"$X$)*ADYRCX!=-7N0";EK_M)=R"2=;6J`!3 M9G?%XUF(;U%FF??=6(2Q'-O[$[-`(ZKA1M4U..U+?@]+I.>YSP76=%-)GICY M5]X'*K&`;7IO4Y^Q`@-,Q(6V&*X=`AL6Q[!C8]I_;$P%]"#B1'8.@N%E=]H< M9[1M\)0_5S9'T]#6164_,#N=9J$J0WKC(4IHDSG^G*"8+G!Q$ZGA%"I"T&). M-B/Q2B=N--7*7=%ZJ,*&LGDVRS34$_L)$+W?:VWM`D2Z:DC,A"6PIR&VLDFP MN4PJN(4R]C&DXBKJQ'$F:M[#6'9EF?@`%?7!(1AN1/(@9,\X=(=FT!9;^J!' M(9FFLZQ]&=%-.E?YK@(.%O:9P7VF/IAS+/'Z;TEZW%F'2AQ$(5;%"-CP76QR M2]FJ8Y`M'V'&AZQR1XX52H3.,"_;Y5*Z^#?*XLX1@'UOA$2>7E@C$M*&SOA. M$R3K_.Q)0WT0`Q%3IR!&!I:ZR-%&17NPA,>##TL1/C>%HV'(X$T]);&*CH]_ M/=Q)Y-9`Q$V`J*$E]:/DQ%XNOG&RQ^-]@ZW@A4]GS!"]I+"S6&V([QBL!316 MI09R9TA>2"6IV7HL.U2:KL1^(^'-Z$JBHBJ,<>,R-F35%YB"0,`Q9]X#C]"B%GHPK+C-UHX*A9[4*%/EQ5SA$P:/P5.'(]V(LJ-2&8YD5 MA1:P.@=@3A6-XBH.JD9:)3$_@2&$W2Q6"6+A[1X..FX!5S[BUNM>G,@:``BQ M+L(2-'#!7.#(DJIDTW,Q]K@]'6.72U#`SL!E(YW%M`$^U=JHWR`_T:H]2*8H M,4F,@"`(IW7K[)"`'*%E&D7+(DZI\-RD5&3.YDI\.%X57NGX))D\DLV9,4Z- M(>:E98N@*4J#:5X-7*J`21=Z+"J?RZ],&BQ4H@L7%X_O!)"@ET'$5%IU/IO$KD.,\<7FXK5/FVZ/ZZ!Z],4R,U@BVY-EFW\(OBM4)UJD,\$$(+`Z MS%-T^L"42&,H^J1M4GM(;$4>AJ+D>FHX6ZI1]1$K@OU#U1?[F$FO5WF5M/,P M92P74BOXN);4>KW:G!_G'4296]P\R@HW>7$I+H,.[P&;F6NZ!7(HT&N0%G.F M-!<@J$_"67CKESI\%L"!]P":!7:IJ`*,;U8L_>+%=V9EL^;\2U!GLG:?\1V( M8,Q`9M@5%I`G#,'E>W;RR]=PFZ8@L/?N1?!C0F4:^-`"0 MM`IJ.[R!I89H]5'DRXU!N6#.D[+$S7VO8?9'_;+0R.'4CG"E@4Z:@.**FH'$ MP&JIAZE8BIECD)QP$)2^N5K1C:"6Y%)2KU$8Y.2D%VES2]Y*]@:02\(TGCVJ MO5*/$@S\^"*-L&IC@IO/Y:`U6P^:CP22R\EQW&R"W\FYGMF4AG:-]53CR+_F MAKVXTO!)L&DH)T8U12ZE@NZP-[#:BER:Q2/*FF5,=3\#J7)A,V'/IQ_(_C/% M7=`:]+Y&8^AW.*HT[)M,Z>2))*NB@MUHN9O08"P^]AS`5Z4@Y!+H9=`)G_&0I1:>10OE.CT7YBQF(O]AB M&E27:'SWR#:OW/*9A&R7N8.C2X&7WQ,R#>.QI3>!*_PKG=P2IE)9.E#U/]9/ ML(;1PY=5WZ'OAX[1)T*%55:"X>:URT#1\[]C4>@TR"PC?Z6A-%FJ\K;9=9P+ M!>01(,V,B9=5=M31R`%>9_[)=/_,:L@4#1I183"/"EJCQ4]9F/@TZ$595QPY MZC*.K\;I=`I'"NEA&K$Y\9'HY3ZX%(`(1N2FZ4P8C M(FUFXK^Q-L;<*T)J<"WT=$H($HQ0FP+!CLK:+ M"'N=W(2I[$`@+=>E8):Q#AID/ETF#!%431&\KA@KC(3MR#7TJAHVM(V%8'"/B[% M)R3'I;8#["`0N9DL#TA'"P+>QL6E$C\L8A76"H0[*5Z@C.>?#>L-0?%K.`$R M8=THGPR`5VN=@41$T@WP1F#,\9V_B&4191:5*M9P[T6^E/GEC9O]_/H?5Q_B M-WB'W(=9`,'28[\8]AOC`TX=L&Q'AA/%D-7.R9M"@5:U)UX5_+\8SAOCDE/P M\BP_'9D9C0`B2O11D,C\``0=-!^0I(E+,^4ED@)JR+J.&@D]3VE^4ZQ`C4&X MMUJ4B`SY8%D4WGXTE`1+V/Z%'NJ]079$>H=GQ.-P0?7@!2.$K/+%)6111G@J M*M9`$"O$$WG01DJG:7FA*CI(]@U8P-)H`!0_R6V8-XUN5.YU-57^]YA&KYGK=R78&5=.TRE^%S>2AJMI\6G(+OH'Z1DQHI#0G\ M]R"-L:_X%4J>VNUO5`L(5A,!0:A;@4\&<;[?.]<=X^^7EU]D0XR`VH3`]HL" M2"0`Z^/^5_B`WG,SNV!@2;F[2C,C%I@IR]&*G;'K0"X4>$/@D6\4&:,T*4DS M$I[2/-4;PWO9.`TSB>]P-B;%OB7%69B%+$_#D77Y#'PZQU*,;\H`K6H&:&S+ M_#)5DJ!?E-C?*JYG;,/QK"+'(R@0:N6$Q)?1$Z?U/$/M1X=/&NW6XI+Z"@H, MTLH9)&-D3TSRU#2P`MM*9P5-)%NUIHY=9XWAWH;P'\5%G!ZY";(_WLC8.U9C MJEZ7K"1_'_8J?YUWS;*4O@/?H2024/C7ZV_APA\;CM-]\[-Q#=LW@W4IU>)7 MO7O8U,C>,K.!.+I">F/UIFI^-@->8M+0QF*>M'=F/.A&%)1XBFT"1B8[,\DX M<0SHX@`.$L19R0PY5E!@U(=F0`/QD",H MOO,86CJ19)D-\S;GS'&1:?%AK&);Y\#^$IQK(H+G/*YO5Q$_FR%"8$YH%.P'5Q)K>/B*JNLHJ1*]9/Q^CJ] M2>BH#9W^1>5I^Z)?V/#N>W&3&%>JWR&U?3=UH8./'?F%T2HIG;YRT,+UKZ#! M*(R\@R(U2R^=B^(AKG@^X]-X3^GI-/1L[G^Z$5J5&,V7O!0?YTDGB8KM5-H? M-U.*(D(/QWTPYU!P97.9*BT!V12)S/0[7B04+5)<8AX/MG3\2>R2/&!,9T6= M?2\(4$[)U4YUC$M\P"CS@'YG69XH:4`-SKLT9B;E"SV+WE@JS-/LP$MMH_;0 MNYL=^O_X*8TO;CUO\?-U;BW/+ZXOH-2/`;/?X`R^G87C/__VO_\7YDK^AWH+ MJZ''GZ>E-Q[YW]E;%!,(?WP5T__\X2.0C!1.X/^3D#^[<-!^^-L.3:IO56** M?E9/WWKZ3?:D)6K1;RMLPRR"HG$.@X69YM7HH53'2+U/$.<9*<[]_1*.JU;WXO_3<)9K*0#P9*K//5W&KNL%=7_P_ M=9'(KI37Z)Z05D9X^8/JM(LY[O`DOJ2OY?K#NX)"N11#_:@\HTKGDBD8RO93 M7A4\*@I&BXFO"H42?X?`&.F6Y&`@/#W7S&RR`#Q5"F2_4K>W8P+EWEWP8]R3!R[ MZ.`Y"Y:]!G0]1=V$DEY,\+\&IDWB?FX,E($F3@(6O*V MX*A=GV)R0V35X0-*HG%Z`\?6Q\.:C?X.5@;#![X'K`M[:^?"0>XUN9#C%KM/ M:S4-E;E,'<)\4RNI>!4]EFGW]UA\GG[(_.@'H-;?.<@@@^$\Z)1O_DROJ:3/ M3/'0@BH2C,KX4]F8\J;'>:@#&<"T&`GV,^'E'I9BJC`3L28G$HUN=_I%R-8# MXGF"(R=$DO=NU=ZEH#U6#"B-"M["6X*3T90:0_WI%<0=0Q.)5RQD[L%9O7G4 ML9'99F/.,#.-FS2AZUZY!)/0;)8QG1MGPALX'2(>8V*967J14Y%S!"EH)PH, M''2&04F<1(A5KBGVF!%6>1R+1VSI\O#BN\M@@O_YD'6,CH_@%D&("`_T08/M M/`YHUCA:"ELQR6UW_NW=[%%F9!#-9`46V%7JPW32PYJG<;#`B5F)LB,QAJ6B M,8T2T!_1"#RL9BH7:G&Z^NK+S"S#)IL.'UQZLHD MWRN9DRM+=Y@4\38C#L(I(A(#U%Z>$`D?2!.BU0T++.BNN`;&^=VZ+M>98.VPKS/R@'&UYS35?//YZ MH3M?T)'PX>^DMZX\8$+;8J\66L^IQM`<, MNJ8]7"W]M)V-R@[HU:(26BRRPEC5.7`$340>UZB4_8')M_?^!&VU8P`EG(M" MP2SME&N%+B_EMFQTQOC*M`< M4S:1300L;()5;$%G%USMK(,V!C31*`/;TE!:'0XYHC3"3(MEJF@*526BD\".\1WL'^-X@?7%L&*+VH%*JTV]`:9LJLFB!X_`GIO!9/'3^KE7V.MF"O[<["&Q<2X#<-) MR4(H3^.,ZKKYXH&-N;G_X2\L"T,64R97].$'$ZU,6\R!S%J51&F8Q$?8>T&Y M.FI`9A$:?'7,(G=G9&7Q5-`&S(>A:'`2YPH8^17"H"%4S0ZKG`88_@@"C8.#!%`7;ZIZ6P+J'656217L('A;P6=<6%.S+D M5RLW+`N5TAAY[:48>#6*!1=4$8NK&1AD;2_XU(RR/XW=ESRQ)\MGRD!K"A)" M[Z*,JD1G"]7[`;I30<2?!!P$*B/NS_'\J!@4*G,G@182D*D_381ZU9!Q*3,< M@&IYR7DQLX1X#-;M$E''^-6CE(4LD)`/[<+S(YY'W258@>;[`@,5N+@"I3Q, M*H].TR.Q[`:`I:?B:UYZ_%I$]UB^XA/\*\#-^"@.X]*G6Q]YZ)GX"CD*6.TB M;BY&&;$#>\P%.9)LR8IDJ7(.A8]HE#*C3)-0\5;I5O2XS!5HA7`6IC#?XYCJ MS>$(7,M;K#X_4\&7DD;34O9BD+24A1PLHPC26'KJA*SGDQ>O5S5"9N%M*&N` M4#$4!5K'^"*XXU:.!5G);N$G7&I6PP'>B9SKF:"OE0+;&""\RM,ZF:L1M2$ M8',\FWB:/D?O_7@1QM[L\_13&-Q^0F'PDIC,$=P]"-$%@6003$8.^'DQC*2E11!0GQF4U>P,<2Z:7@X`"[)DR MI.N.R%+$!DA*H#UP3R7.RI>EO&GXPJ@$@XKEQ]>R8MZDIGBDL_R!NH8LEZ-# M)P>C2;7(2H4!KI\,Y!E3H6<_V_U"H6`5A!)3%P]5X4Q>G&F@HO\%IPZ1?WH* M`G&<\XX<10HC.518](ARDO!GM2':SW%AI00+5]>F3A-B0+58VYJ@4!F3D, MID;V@24[L#@EUI_(Y.F;<()HH_*SFD9'Y5'C6!4LX57\PA'U6:YRC+*T#"N, MO3GGY%.D(+:W44`H(Q%6TW]<2-8N.0*]I0*@N!KF+RI\B"<"W@LR.P7XR81M MV?$G;^'-HV0/(I.@)*AFP4`XP/+>ZKL?RP.1YR5C0"[L)&"'%")*M+1_7%5I M.6+YI';C"RS\1LQ\<:\RSHASWMY&XI9UJG'D4WI1L8+UTSFTM+P\BU8F?U2^ M]XZJ5HSS1+EB,G\AY\*PAUVJB.+=1M[BSK`&,DUGV>/A9(@&!H,I\])+[/CC!=^>`,OJ=3'AJ:[*/;@ M)RJUUS,P68\*HA!`>?SRQ'N,\P,]R84B/]':RZB1L;*3+-@K%2XN%\60U1<8 MSW(Z48>/L_#AG"VA7.1T2]!DM8'Q?%?"4P+`-.ZXZ@36,Z%K(!"W8<+F!<(` M'%@&`1'#EG%962KCEK+NPR1%AE>JFJXQ4FD1IZ+CQ*4([-PTKU`/JP(HW;JU M9>&)=>OS=/0N(82D;EGIR(__Q!\PZ8%*,6DY:PN/KI3"<,HR"])JUB(#7^,, M>^S7A/)X](C=?!92CY2W!Z-0":G`5C@J7.K,>9&F$F6`V*8J13\A+NH$A^D; M"4JPM)*I_YV;$ZG*85RY-,G)%Y>!$V4.FN(UIU+Y9-U%'1]D-N#D/KX.'G4@ M.\9EM=]%'D8JGL6G4:_O47QK1&6884]7LAJ4[F$D/=Y47N;[:O,4I:)6]D[G#A32(WA*J0! MSLPY,<7%&HQTWM:2ADFWH"RP,F5JA;>2@G,A* M\VGG!^7R"?P1)WQ!9(8U2B4+/-6\LE(0?4O]#WPJO<[]\M)DQO8`2I*_B83W MYP0X>U8^B%+3(H^SX#CC_N>#;7P;#[Y5B+5E;1MC_8W\+K]RDLN'Y;9LI[Z` M[6/&&^UZL_A(>A/CLN@6V#-JMPZ__SL;58XH8KW$U=LV<[+V[9L.$CV^S;]:+'N:Y\8/9_9IMO;0[!,ZU`^B`.@WQN8EMW`AJ-P*K]$%_+(''1'IKU&N$KK0%E+2V[1 M]R0!.B-009KSYQ:#90P.+5][2")5A0`Z?"BESQY73QOYW0Y^0(%@YJ6M:(]?L]48\J6L.W*$Y&/9*DY[J"?O"56>(AM7. M942LDZ@\8Y'J$,N54T)5%I#@D36+8U6`AXI6^(F8&U@1-L'.VEJAL*93:]7$ MZ+<""1E+Y$.0U.VFW0.*<7J2@/JN:8\&Q9TL3%$FE]7TV;=[,+B5=3-XY0*9 M=$?UI*+W7*Z[2AI6>?DJ.\\>IO`Y<54)@HD%=[@M!3./2ZV9_Q2IJ8"MEQ/"L*H_V,HY',4ZA=)>M)J2I_V@(. MQ-0VF>J'6IK:>,@ZZ/]0B%='[J)02`OKAWKY[BSH-'.Q.JI^RP6B>*>H*"=6 M])G##7WG+V"G$R:H6"OT!M3`FVA,O+EWJ^J*E;<:GP,991KB^[23<@SL*"\' M@/'&V"W"CV55\32Y`V'GWYY>U+-C_%&FK2++18I9BS-JC3.`P;ZRS6&W"XL@ M$+H=ZT=FQY9K.O2]T>WTY'^4H_9?7.DONO_>!37\&XI=GMPK^5!-TJL MN42J6(2:J$T*H4B=.([%JM%<5`OM6T"Z*@!Y7PDYY4/ MR+]DN3J]3N2MCVT8N$XSRA9IH#I4`SA9D2WW%^[A$Z9Z5Q+N-$3HPH]*Q*<# M-PD%EZ^+!2@+#_@OKH(+XC%PY,C'EB,FG)J4BO9Q,^8[[A6!9>4#KBHMQV2< M>%CO33ME^5JJSYE1<\:N@(W+(K---X6+7!,4BI5GZ\U.*KZ4\PYX,PQ@$IL%P)K@ZDFX[37A-$!$4T5,8B;+S=T8'[*>)!4/QQLD M%9KT%N;%QXP,DNR;F$OP8^7#18CZPG7MJE;P'WFCKLF#+'M$OMB#DLG M5#)3R>]4O5&I!>,PBL0XK]6NBO@71BG6%,UV'O`(5`*T\:5B=$,?>?ZS4/[M\'UF6K0C$RKX.D,VK]%%&Y^#9\L!7X,HV5) M5V>7H"'.J+"H-TZP51VWCD./GWR<((FHL"?@695CY8X/Q?YY:GB\!JC*.I%I MQT`8:OFM#HLWB\,5`#$D?$$00*8\`+)]PPR-*B;<5\$%$'4:D?5(]JO`F[58 M4S6[VX`S1ZF0!5Q7GQ&^P.*\>GH:++#CWIB36/"UO!@OG&BT!\U]F/CON38B M30"`!*Y,F_?*D"@!\5%UAD(1%&>/%V%VBT2IQ(0BYGR`F>_=4&7V)5->\3F% M>ZZCKS<-+ M%'*XHW>>F4E?)5=$\EG7\J#[%AH[3+28^F>/0=A-QM:ZOJ%-/5,K8^*:OG@D MH:&2Z`?=NLA518=O94JUBJ+UP)/Z;."]1Z\'V:>6J^$#MO[(D\_?BLUY9CF\YH%P5[WCSG M03UJGO>Z/UB)TV=#WWY.T*44A?`.QOO_DQ3>B83&GS*8?'7$Z(7C"0"&-JCB$P4P.) MK%*_>M&?XCP:IY:7-E=+T\+%9%#8I-#)WM#>+(:.;1EJ\&KHF%:ORUZ8?M?L M]2T573`R!Y8C_[!=T[9�*SGJ"GI?Z]TNI^&4S^"V::R=>.@`H59(0`!1N% M2IY!5-9'CG4UX-Z>E7K&J<;3)!I[RAL@FW6I'F_2-3/CUM-R,!553!]4_%1- M#])&VZZ(Y>K=ES]^?A<&6(Z%>UA_]>,_WZ$G)J%/$O8CH!H%BE$`]PPHACLY M:=TTQZKW.45^E`.6G&$6+M!S.]3+ER#)//X9W_HK]:($6]$OLZJ.\>TA;#[G MR%+^9\.E>`0]P@!?R>+::R)ALRIBZ,%:8[D]<]@?9,L=H?.[/+6*CGTB@GO- MB?MF']Z4$_?[G5']Q*NCN&'%OX6E<)/RW'/NZN@%:)(OSC/)I7[9M*YPZC<\ MOTV/_W5*_9&CXI%[]O[$"HPS/?JQ7!Z%I84DJ6"6`U('A6D*#_WS]=1*T`SX M5":8])LU<"W+,"N.1[Y68@WKP\0>_<(I&@PW@4D>FZT`RMSZ18#Z[DJ`5HMW M!8@:;QRC906K&:[>N)4P]9JWE"4X=M)6UFC64C9#SEH,JQ''619U`>JW&'F! M(2D@O--;GQ?X;Y"#KF@H$*R_@/XLQSJ(W$O1J`2GH0-Z#GQ,;]_,4>,RQ.4> M%):0@_X_7EZ_-2ZOWQD#:VCJZ3<(@<^:`6SD!6&(0),69:8@/U\*9>!4U;6A M\)@8J9R"1T6,6KP?WXF\HWI^M+14`_I*)V6,AJ>8'KB4*6/H,0O(E7V502`7 M?Z7X`YR.)$K9](T#<;)7F$65(F.*.>;7BY^B@:F"3C2,Y^$ MXXSQ^!9BD*:8@'?OS=*LA3C/H\4M5RZ$<`0#8A#PC9`1N11O9($0/.!YR,%N[Q!3S>B+RS-Y.. M+Y?O!P`G=K'/J")^"D$5LZUXQ-Z@X=P@V,Z+^68AGQFOM=UN-:_- M,+(HH()^Z^AL%L$$>O#'ALB0.",DXIM$LFC9P#RR-&$6,?'O?0ID++]1Z`L. M;X!DPR/"!'>;=\BO+L-/W-6$\.Z!CO_1E!T0S6V)\# M/!%"<[-ZB=(T.!:+).=7L!/A'#@,9A?X)!AA2@.;?50L.CZ70ZX2+8`A%1=! M8SZ$Z6QBW,&B@:.)8MJ#/\V4[$68X!E<&N/.F_![D@50,W7F:;7SDJER@DCS M[RE/FGY$S@Q<#/F/?([MIYS\EV=;J,;J:<(Y)3P;L$`QQ:0PRCL$2"^R"4[U MD%UB*AW?3.J:0"4=B:2A^L"*@+00FX5H[;$W&Z=L\9N4R3>G6TY)5B?#D"=# MTNWR48#[;?9(D@>_*$?FVT#N/9';C2CN$1(OK2N;^F1W#5FCEA]%C(?26F'+ M9"RWPCU2K]I8D%TB/--QMF?:0<_BMQGQG"+.FY;OE78FMO$CR#.OQM>/+'(L MH9C,Y.>#[=!YAG;O(@"B405TS0RDMUXXWUG+32:.8,X]M;)H&`=Q)%7VG[-5 MR4Z!7:L4ZZ&!/6G,'JKI0CEC8$6\3/XU/I3K@;^I*_UG`]O&H`Y8NQ-:GL%N M(FFT`76.>@V:L;0(GEC)+M# MB_JS,WF\:-N/6#@,QM4QFA9IV/W'-/M[35/YYS1U[,<<[A&'?P6?47JZX)^ MXJQE;&O1IZ'/Z9J.NU?T'5\.YDK[H:;\D3NO%"R`CC_]"FB,N>=-S=N48!IV MGL!*`T/KA72?V"8[X\QF)K2:\11I\`YWF1 M_:$0Q'7P&8\.Y4<6Y'`*@1BG$-ERHG@\4!Q+WZZK7/E99F[HT;NVGY7QK M%_,B%M.D7MD3>9CEM,TKLB9\\[X_>X$/GMF`J<595/58E9`YZ'4OK)J^R).72SG*:0X49C!+$U1"`.4YV)3<'%3EFE=F9,M4Z&A"2>64 MY5QXN(G41PJ5 M'F@Q)YL_>*43-QI6Y:YHG5]A0]F8FN4%Z@G[!(C>I;:V)@$B7;519L(2V'D1 M&^XDV`(G%=SX&;LM4O$5=>(X;S3OO"Q[QTQ\@(JZ]1`,-R)Y$+*S'3HO,VB+ MC8?0_I],TUG69(WH)IVK[%0!!PN[X>`^4[?..1:B_;[_0Z4+HA"K701L MIBZVYJ7E")];U]$P9)ZFSI=8 M9/QOL%6\,*G,V:(7E+86:Q&Q'<, M5OT9J$`N>LB+Y"2U&P]EB4J35=BOY'P9G0E4;$4QKAQ&1NRF@M,P8GU,.;, M>Z`1N4D7C15X.)39B.SPA:R/%MPT87I[5ZR#0Y2N7YD=XVIJ^'RUP*&D2G`S M_T\L#$4%X;"M%I4&B/$5.@@AW3&RY[Q7`1A3++ZIK1Y.)]4ED6'BRJBMVOZNL!B,+.V$1!("`6W\](B1<-:N8 M\9]W!H.-SBX5CUQ5^3;QT0(^7Z^[#['G=CJZ-G<"T!L7G1HQ1Z,JZXS-2-"H:>5190Y,>]ZQ`%C$3)2G?B[&@ MPAB.95:41SCHN`5,]<4#F1;H.P@@>:<:BY`>I^$L_#6+S4G+8`#[P$T"VRP M40487[=8O<6+[\S*/M/YEZ#C9)U*XSN0RYBKS+"A*U:HHHJ6L,Z;!+AQTH2+ MF#RO;G/9>FZ3%$<6J?U(/@SH3"-?6@5(A`5='M[`:D&T^BCRY<:@L##G25D, MYY;=,/NC?H-HY'"RO%"WVDF[4%Q1()"X6BWU,!5+V7,,XA0.@B(Y%QRZ$=1- M78KO-5J$G)R4)6UNR7#)"`'"2IC<>U5^I1@H$?7Z01EFA,2+(J MJ@^.YKS)/6RG=RM@YQ5WS"J9JNGRL=G^2O$1>&UKY7R5*4B.L?#0`0A3D>*4 M0Z#;1B=PQD^64G0:*=3J]%B^OYB!3(S=L4&?B<9WCVP(R\VA2S$>6WH3N,*_TLDM82J5U?]4ZV;]!&L8/=2Y*_UK!_.I<_:)4&&5-6.X M>>TR4/3\[UA).@TR<\E?:2CMF*J6;78=YT(!N0E(76/B93T>%3?R8=?9A#*# M0&9*9(H&-:DPF$=5L-$,J,Q.?!KT"JPKCAPU2,=7XW0ZA2.%]#"-V,;X2/1R M'\[2.=W'4N?/^J3KX#97)E"RV)WL`2S1BKT_@2TZPT!Q#=4A%?65.TYGI?IF%\HDC^?I#]F"T/E2Y^L2,18(,4$6>%1J7X M6CUI-@IQHHF4MN!N1S`A+/>%_L*V\# ME8C&?4,DI',9WD:\4?I`>.J\@''FM9*F5SXL7L(G:PH+#[',/M=6C*+P)HP\ M66P61-*)7]AAM@;`9G5TQ8NGQNJO\.8M&N=4B=8@#"Y4@>T+..T3^]-FM!GU27//&397%*'^IDB>0;=84@O0-VS$_$O%9#(0\W ML-LTHKQW=C-ZL3)6KF=(RXU"C8P]90O1;^(A#Q+X$H5!B'$+V@M'4)/\J\`X M9CV8H0AH:6]/VF9T%1@?Q4V4>L!V$9ULE2;17%9+N+S^W?A]0?@([F!KRZBTLEYEG$*JP5"'=2O&T9SS\;UAN"XM=P`F3"BE0^ M&0"OUCH#\8E$(6"DP,7C.W\1RZ+)+%=5K.'>BWRI(,CK.?OY]3^N/L1O\,*Y M#[,0A*7'?C'L-\8'G#I@09"L+(I[JYV3UXH"K6I/O"KX?S&<-\8EI]SE67TZ M,C,:`424Z*,@OOD!2$5H:R"Q%)=FRALG!=20?1[5%WJ>TOJF6'$:@VYOM3@3 M&33"@BN\_6@H<9>P_0L]U'N#[(B4%,^(Q^&"ZK\+1@C9]8M+R.*4\%14K($@ M5H@G\J"-E&[7\D)5?)'L$["`I=$`**N2XS%KGZ''C,FW>*796%J1_TR[^YH" MM=C>Q2#O8")`6`1ICZ*<,DL@:(BX)]:HUY4+N_7CA((XYF$@'C-+#!R7>/5I MT!@3ZRM$$*@(2)V2X%`3YX6EX%5XS=4'_T![G45<^52!`,@ND47_;T)"1A*% MJJDG#KZ00S%5J.'T6?\06D`2[F0@>2:`45@=C//?7D"\GB]V MMS3,)&?A($@EE'>*,E,B23<$/5JM3HD/^@3D<"+Z]M":#:(ZVF(!<;A;00-W MA!9X19NJBN\KHT_,'7LRQ2M;MV0?^BFDF*]J%HSHT23+G!P0Y8^=_4OXSW"M MRYW.IZJ^WO,8U_(];^6*!6OTVF4N`_#R8-9L/RTX!=]!5R,W-U(:$OCO01IC M__0K%%.UV]^H%A"L)@*"4+<"GPSB?+]WKCO&WR\OO\@&&`&U!8'M%P602%K6 MQ_VO\`'][V9VP<"2F.3)*K7(MM)901/)5JVI8]=9R[BW(?Q'<1&G1SZ%[(\W,GJ/U9BJUR4K MR=^'O8M,JQF">-HQD/NA$%C9^BHX"1R4Y,,M(<0\(X M!(0$<;8(@)P&(KTRTP85KZ)WBR0H]MJK)GU,P#=E'K%(;X#BC1LTXZ":EMVS M'$`0PM MG4@RXX9Y,W?FN,BT^#!6,:Y"S`(OGID,J5#91%D`>02H4^V=`96PF`$/(<^W MSR&`I4A8Q05.^=Q>+B)_ML*$P!S0*=@.KJ36<7&555)14J7ZR7A]G=XD=-2& M3O^B\K1]T2]L>/>]N$F,*]4)D?K7F[K0P<>.G,AHPI0>8CEHX?I7T&#(1MY; MD;J^E\Y%\1!7/)_Q:;RG](0<>C9W5MT(K2J,YGA>BK#SI$=%18#1)AS*+BRN4R5V(!LBD1F^ATO$@HM*2XQCRA;.OXD=DD>,*:SHLZ^%P0H MI^1JISK&)3Y@E'E`O[,L3Y0TH`;G75H^D_*%GH5Z+!7B:7;@I;91>^C=S0Y] M;EM=UTRZU'EW?`=4,1.?IW*8^+<0).5/H1?$E\%$WJK![=>J_^&N[&/#!2?[G9[J.+@<`EB+>#F#O?O"!D]WDBAW MY\GSG?NFTW=-=V0_.<;V916.;.FNZ5A8@G8/2S]P4XP5U;%SVOV$POG%4[F% M^^$CJXH<'JRB[FN'$A[667'#'BDMUC;!VF'[2N0'Y6AK5:SYXO$7W]CY@HZ$ M#U>6K:XDL(:??A-)5>I#XT/XO.5NZR_IC:O<@MABKQ9;SJI@\!XPZ)KV<+7T ML^?#NVT?Y8ZOG'D#/M:QM=U_`]KKP6J5B&P",]\VU-Q-[4@=V9U;X^RR\/WXH+Q<++Q*S8P?S6YAX1P]D MN^-[WO%#=93NLK7H?3C'$.[Q,1J7RL9"K8R@.<`F#*/ZYB"G;5:K7[EMF_U! MHZZS9[5LV'"G9_;UPK=\P^J&(]M[Z/X+FNW++-D?4EWO+P=48[)G#;M_LCUY(_]4] M8-!R3+=?;P)IT?:]44_2I;P2 M_-:AW+H7CP',UJ'<[GCK4-[(Z3(T+=ZYYFFL<#=US9[MO+AEPX:/;+-O MUXL>Y[KR@=ES+=,9OCS/ZM!:J0*=Z[('9K]GFVYO#\$RK4/Y(`Z`?F]@6G9S M:U+K06E=RBU9'CL";=/IVZ;=;6YG;Q'8.I5W27NC%:VYS\6I_!)=R"-ST!V9 M]AKA*JT#92TMN47?DP3HC+"I8(O!C3$XM!RS/VJ/\*88!.U_U`;1;$.`H[[9 M7Q&6?H"$YK6RD.N3F;]$(=9U^X.JA">/GU35MF]MM:ZBP_FKP/8F7,M&(LWX M2OWD8>I+5>J&*ZQ?4ENKO-.<3C*-SX'F*GEVT7(WCOAUC_RF#&>EJ>/$2GY( MHA]TZPR2B@[?RDJ-EOV38_VTY(A?MG!VCZM&UJ"_LKC/0>VRZVA:9>@J:V71 M`%^\1RZG_%6UM7Z?1EEU42H1^8+4[M>6`YKWZ%C+.]4>U*/F>:_[@Y4X?3;T M[><$78['$19ZQ3L8[_]/6H\[[2QE,M'+.U6[.U2'O08;77T.W7S+;NS#GL$G M+K;V-CO'

WF66Z1UNL\%1O,WX.U7'=9C5U'"LO.?V)^_,`IK9F-K)Z&]L'+\(>!#&^E(@ME/JL'"JOR?HP;VI#%[J-R& ML@5WC3K4JF_3;^D<>[8B!)B=]2F,ZY-@-+OO;B0;;<#="SFY;7WMT77=T1V9 MHP86_#J<-%0D7S:2[:%E#KJ-(6\%T%(?7AQ5-*?R-$N-2CCPY?K([-=[=S[W"ZH7=`)!CQLWB9' M'?UWX7P>!MAU$1M?AFE"K2+A.5-K[QA.99/%(]N38=<<#D=81>A,B&S@@A0% MVSFHEZ1.:T&X0]VAZ=KU`;JGM2#8(1=DW=ZHOF;0$9K(&S284PSA#S+]8#=J MF-^[Q0W8`GN0>EAC.8M^HK4U\7N M3WNMT7G6Z'.ZIG->)4ZWM!]JRA\YRV](_Q/2JX;LO7`%-,;<\[I*-R68A@D> M&/DUM%Y(DL<^<3D8F)8U6"FRM[AL3I==RS)=]X64_]PK7;KF"#O_N'O.Q5PO M-F*MV(;Z$(G+(/$G^(I_+Z[%&&1W#(/Z\'T\2R=B@F$0[\+Y(DTHOVEYUC9Z MXBG-L%CQ)O/?>7&`;&*S6D MUXS%S`L:Q&ULXW'=5*:20XQ6]5,;#&W`XG,TT3M6'(`L/AIB!Y47C(.6#O9* M!X?+#9->PFOB6#)2>PN!="^>F9YC6BO*3)V6FZE=S(M8S'K6@%VI\65#P>5X M#"PBB;^*L?#O$8*_1V$<%[3]R_CS5-/P0;+Q^8??K]__8$S$V)][LQA5^K_U MG;[KCNQ\!37C;P%&[\*R+QQK)1BN8SE=9P,P5+61CV'T/DQODFDZ6WYU4^3` M[_"/!E2CV78'8Q/,[0A&^<1E,/DM3(3V)(8I;TQ;=C5M55M-9 M(Y"HF<97<2^"5/P]#"=Q&9(59K954(T&SLCMC30V4C'1%L#TU@&F;PVLD3O8 M#S`]#9A>`V!Z0VMD]^V]`6.M`\QH..KWAWO"3,4V_5..\4_53>$=DFKT^*N8 MWXCHG^,4E-+Y/[F5!G^W&I<#RQJ.K&?;V!V#[_1MM^<.]X;]\HG=,?A#R[6M M[O-1\H[!'_1[1SQH5E_14-K;Q?:JG,$XJ``16?+*\09]'5A\[F.S$Z`M^S!R++W=.!7 M'8_=0-^'^]ON/?]1V`GT-MS>=O<`HE-3Z!N=X^^Q_W/@S_[SAR1*Q0_&3X)VY] MU&/[1R+)K*;3?@\TK3WIB>N+^JL.YE$**SM>!HHM0W=/E+.^5+_Y.@XEP.QX M'2C*C'K[$R.7CL>ZLE;?ZHVL".!IT1_:^-(4J M4ET;P*'E]$>'I<&CM[?LQJ+BN/UGM#F>HLUD1U:1T;HLZRJ`GY,P>OQT]?&S MJA6XH:L*)05-5*@:>M/IF[BE]C@]K-[9P_2E0H"R@&=6"7<'?J@+R[%<':S5 M4^X$0/T\/HDU`-!V1KL&,!+BNQ]S&Y-Q)+Q8O!?\WUT@M2%.ZX'8URK6PGQ# MQ#=?A?IQ2)$5]1%C576EG;V<]Q>]["`KW8BUP#>0_>5>W#`5SB>& M[O/!M^Y=`K+]LP*WUFURX;KNQN"]"^/D\Y0,29?!Y%I$]_Y8Q-?A;">2BVN- MW)X>OEL_W=:`K45PCC/J.ZZ]?\#6I33'[`'0Z&O4T`DR9+ M:H-*S^^"M"S7J7!AYG-L"L1:9&0/=P_#NA0SZNT%AK6(P^Z/&@%Q]>[+'X5? MX6+$_.G?1$+?KD\87])(+-W;W4ZW"Y3ZU&Q;0K6"4FJALO8+U6K:.2!4*ZBI M%JK^!E!A>HJT>&.M>?R7 MR,M&?`JU%.[0Z M]KN]ON;;*T^Q(0CK>3P=2_?)[P*$M3FZ.QI8SLYA6$]&MEU;3W]\"H9W88#T M$I$9^ZL?__DN$A,8'3Y]]`,O&/O>["J(DRA%\OK5^^[/TSF,%<9`M@WC6+(X MXW<4$2>BI4F;!$YV>^ZP$**U%>A[QT-IXW:&!Z<[Z)X0&E;E.FQ%#LYP=$)H M6)4KL14:1I9[0FA8E6JQ#1IZP_[@A-"P*E-C&S3T^\YS\H9+QMV,%U=F2G8L=[,1H>Y%CL=A7]_NCPYV++P]T9/!,]K3H56Z_AF:AI MU9G8=@U]]_`G8MLU;'I/O!=3$8'PQ2$ZW[SO`F,I*(+GD^_=^#,*+_L-1DSA ML5)DVQI)7);;*^I%ZTZ\#\";I'_M'W!I`7DK`C'U=U*S<.!V5X-+M?$OVK!E].H).`?A4P[1AP2K0,7P!MH]5(P)7GK^:#/P-N7<2PV\8K57(29)^_I M.6NS%-_[\7A&JE56V;8I?-2@9J%J]LZ]Z-8/?C:ZQ8+<:`3VIX\_J&*]-_C! MZ1@9`%2Q]R:KY;O(2_FJ>KX-IY!?^L%$8'L;NUO=96'W$UPF6?<1`]'#;;_% MF)BWX5CT;4]O8&#<>1,CA%?&,R^."8YP:O@*)<:%,?4#/[X3$^,6`Y@ZVAJR M3QD\VXKOP(3`"D6";8<]81.&]'V-+!&Q&%][$X4S$<`V,!?[^JM\;F,-N MESO5AY"-9Z_?^F'=)J3Y<>.Y7M4"NG8;4NTD\]A#?G,@&A52@MUQ=?]H,R"^ M1)A'F#Q^F7E!J M6]?JD'/^1:2=4CRS<3A-'KQ(U&Z"''BX^QZ0]1>]>K/<`#9O#=V\.[`='O=W2_\_&O^V MVS.[3CW^UYWMP*OI]\WNL)X#/S\)[5S_I`$^8=G`.ZPRX,_1ZR$HXV`_%\^& M:E#3C5Q;">)>N0/;[/:&VZD]S]*U_CC1YX[,47=+K?&`_/>HF=":+QX_5]WY M@IZ+L1XU5BVSVQV9@X%U)E0RO-?4?$/C:Y<./X9^-R/$[GZM:]9I*\ZOCS4M"F]NSS%%_'V@[/BG5[O17FM/6\Y'D MHVV]_324,0G3FYE86Y==<\1\[YUNWQSTF\NJ-.;NI-63QY\]ZIKNP-TO_NH] M&Z=EP'ZO74N&D-G,&/&&5NOD+A+"F(=!C>@Q<;K^R1V>L- MZ.\;*&6/_>_5\QM)).V!V9M-:N<-''?D/#L>MX.Y M.R@THGUN/']49BUX^Z/_'3_%38I6`M#.,X)=1O6F8/?[7;W\SW-C.S/T7&EV MG@9P6P.XSH>'0_?&<+NC4;>W*=Q70>(%MSXP;J[*@+J!#*8'>374$GF,546M>"U]5F,1V#O[2QR-?(M5CP>3['7'IUG*U5GD;X M?`*@TW%-GX(7^JA\S"5>5HN[X_2A6NX`%,P7Z#RVW*$Y6)'W?YS.8S*,:`+` M\9AP,>S*J5>T3\L>;??,H?,27,%ER[0W#P&D?[\XR[3KF(Z]"Y?PBS),]X=F MWZV/_SBL77H''IS<_%FM@[TP8[0%TKOKUOL<6V/T4_CKFUVW>>3$BPX17VT= M0-O`1&`EUD1G*LRJF/5>.23]91+U5K MTDL:1F;BUIO1EU-_!I1D3(6(#U08MO2O[>>[U$23=7(&LEW)-D+F#)C.T)8I M`Z8S&BUMSZKYUL@8,%[US($[S"#`/ZUA@WR!!A;)5444BR]?!E3%Z<&?SO[H^1%V(A.Y$6GC"&+;'8ZZE?`U MF'7W,#=J%FB[?;L:IQO`?)59C"M'^/!]/$N1@2D.LBFFW4%W5*@-O]ZT^P"[ M";)W#+9NAUUFU+MH,=@;N%JXZ^KY=@)=N7/M:G;@#.WG@ZZB)^T3T.E[_0S0 ME3NU/K&SUN8[.QYC"\SXB_>($@#\&:5BHK42K>@NFO,,U4QBG['#Q4AAMV,H MD`T),\GH$G!#]A8]@\#A;)D+;9F>7*;TU*R*(R8XGO3;D0.G#3E^-E?+D=G6 M*TLTY3"<@GN@0,WZ,H[*;U"CV)4/^:F9U:FQ5'?P$CT*YF#0-5W[K`HSJ5LT M$C>@R,4R\N(B7!R9Q9XB6WJ[,MD?>C5VUS:'W7-Q0-"S[T`P".?`E"=B$<;^ MT?FOT!'J./:9$!"NIF?MJD39,;"?)(V"&(.'1'2_?"D>%MN#OMGMGDL]N)TN MYM"LI][W>5G6F^0:^J#0A*C>[D?*/4I'GC/HF6Z_>;6(MC)<"7V..1CNM;!> M6QFNK0QW.CQ6\YN'"49F-S%<-3X^)^\'QIIOENEV]UR>YZPQV!^.`(O-:X.= M6DZ)9KW?J3V^/G*^/$\P69ZJ#:%O[;JM7;>UZ[9VW=TL_1@,*ZU=M[7KMG;= M$R&@UJY[LJ;0LUK,H5E/:]=M[;JM7;>UZY[S@HZ/Q[9VW=:N>]YVW:H0%R2-ATIO]%@;C[9`RZ(-.5"B=OG*:78#5 M!$M;@K7,GR1:@7=MCS/0*D"I6"+K)V;;'8Q-$`BB.TCN.X#Q2W%2U#3]$AX)!QWCK!7\:G_Q`4)6\=Y&8 M^%P.X":3-/::0E/U:4^3PA`I?J`E?Q7WX>P>"^U]"CVN$Y(^SXKW,\'GP/@- M&VZ0;Y'SHFSC01CDFA18*C$)#<]XF\:XUS&MVKB\C03UZ#`>_.2.0/D]P)IY MB"+3^*USV3$>[OSQG8'=/'PLEN<948:Y&8X!5),N#!C\E8O&.?Q?Q_B&.5M^ M%"?&*\?L\[?XI#>Y]X(QT!KH=P++\?FQ,?7&=&T"M)$@&/A''!O4+V,&`%^$ MTXLQT6;'N%1C^%C;;XR+P?J.V3RFA`?SQO!=^-?<3[@&I(+0I,F,.+WYEQ@G M!J,FC*(\Q^RM%PM8ZB*,$EX.H'&>/V/0[W/A!>AWPIHSP!JPU1FHE##::^^- M,>S^J-+7`I&H1Q`)LYDA8%-]4C>5_AF)L?#O205=S-*8:T^^OGG#ZX!5`DK@ MY=?^&Z.?CWR/Z<[X1S;@S*.BAGYP#_L:1MR#[;4/K[VR3;B4>?DXA?%Z_,9P M^C\67O>#BP1N:)!G\B$Z!,L5+!,4%\S`-(U)&B$6$`192Q$&N5Q$/BW_\S@) MD1"%!Z0#2KX()EYD/`HO,NF5,$WB!.#"(>"=8.PO4!4O8"@C%>_6\X,X(1@T M,-7R:".#D#81_X,D`>NW-"1YMT#GMR"E/CUQ:=+E?2(P\KWB4J#P9I@"Q7+R M:RS&U/Y[SAM[0S0#("F:9UJ*&3H?YY*GL&-8^0QMN_O+U/^>_67]`E2/!(XG M7J(*^(W$"=R6("GR_PJD,?.7@LSL45T#\:IK8)A?`P`F MQ>Q8+B?J`M])HS@%!0">)`A*IT'DAP%9-*P#N#YPVDF9F]-&Y_R\//&EQD!6 MW`?9&\QMO=HKP7BFZX#!J+L2#+P.UF+^ZS)Z8$`,0L;H-V771@6KCN_P28U) M:VM)R!J;[P_?.<_%7)7!M\#>"`*[@QL'<\'-%J=P&(BO`2?2BCDKCFH-?HFQ M+#07<$X>Q.Q>7H_&A[=7W]Y?7ANO/WA1`+_&QEL!K%-D0)G&-^\[$NM[K<&P M6:ADS#N#9SAA?6&.UNE"D>,W$K,""V5GAP-6Q0>98$?`L20UJCOJ<(4%KMZ! M?6$J]Q7*Z`6/+^%B[CUR9;OC#GL_2F:>89PT&B0&.$F_RIL$E1^,9[SWQXB^ M>Q%YM\+XBHN`QX%0D#>0"1[PP24>C-_@N/P!:+C+GI#$42H#8.I[8O@D("*2 M9CY2)K,XCVJC\"AP^RP/`4SGSD-R2A$Q+',:WCWL*9U#)C.@1X)`J9B9"(N' M80%,\COHD8D`AHD5HYV1Z5K#D[UK+NDP-2BX8&H'69W/B115@,(J;A<4:4!P MM]VN7M"[/P2^[I1KKN>KTRUOE:IT6>-&]?;SE'7;CW*KLJN1OWX7`I>*8CA* MW\)OP$#POGQ/PL*"SE>%5KI4Y';*(9NC4*&AO]&ACM]JF@$1!;VNRV5="8K:W'P'>NH!$0 M#96T_5B_&`W+3!,+&^8IZGB M9C10VAS3'0S-H64=]%Z9PT;`B!D/`]8+OP'`&[IF>Z")NGI1Q?6FK0(Z5J]O M&=CA@`I8J)59-?BF`#3T]@($O?4!*.-/\08X&^(R^4)BU`=N]?4T8KX`Y]0! MN_KMXP]_ZW:ZMCOLK=ZVFFF74F61$]V%,S@+\8>_4GCQMS`11^*-'G8,ALGX MAG>>-\:C,$6N'J-MU>JZ MI@O7&P@9$4<;C!DA,2&$94#X$U\5WT4T]F.2G>AG(R3&&>-EYI$V(MAL()\# MJ6=,3[^"XS(B:1,_]`_>0:_Y5#_LD1J4(Z97OST#QS$=Q]&V!_D)H!7+L/). M$32\'7PQPQWJ1[F4"RA'1>,>WD.!"L4$]#`2,R(I$2!`N\')FD)!M@+QCY3W MH66Z/>P=8M<0M)*9%9HU&5TY;PLVU5-#RA)[DZ%]QB5:;-'#>/(Q-9>@0SOE37_"6/G"*4*GKH>1:<<&& M`KQYR;M5NR?[J_C0O-S$BM(//<>T>O7I/$==\F(G".AVK%-KD;A^RG!&QDHB MGNR'AQQEDJM*C[;JM9XV=7A3K.X9@\_-_NOS#>MN@H*4OEY2W[/E,6Y*!$T2 M&I^X0,XJ'W2?>%QY#YUZK;^]:)3L-WE+(6KO-._)Z6N65U$8C&<>+`N>GX91 MX'NJ?LS$<,RNW36MX4"S+/C45*ED+D-W/5IOR%62A(:8+V;AHT!5;.)'8IR$ MD:J*%<3I+"'NEOOA;'0V,8ZO`I3^_7MA?)FA0B?]3YKYPH-YYN2YY%@1$=W* M&(C7^+<6F4##XC!:?,*;CO%[<5Z>1UGUYMZC<2.,6V3`'(9)!KV8`D$H#"*Y M\WAF,CEA(SV1Y)8G%2)4Y>`K&&5@9!R$)C(F7B(ZQF<)PZT(0(>9S1Z-.P\0 MX<'6!1=HKF)7,N*1`UAO,OLD%PR(C8G`1_Q`<(#.S2--\C;T(K)[O5>;<6HV MGFR"#],I!^(9O\).611-T'6+SKN,?N$BY@B3G'X)CC(-&UO0+XZ%(%32KU%! MDNXR2:JL%KS@:4$C7A!!+9TD92L>.0IQD3"+"DY79R)@U1Y-UM46P0Q#V1F4 MT7T2.L2!E?N!>91.E4P+4%.,%@DEUCI@&],TPA)"9>C9Z[_^"HPB]$X9>@Q6 M`)HA0)TG`67+Z)/`;H+J$J!N%:",4Q5RV=L%7C<&E:!0X-I+5%'DI^[N^6E5 ML`0'/3\G/S5*O)0@.'U^^DTA/H\0P@A+W=65;1Z3A?")NM3]F5,'!KUDE.W' M!CI?,(Z!8N_P\0DEODVU?<*P80[Y).GUXGH,Y`W$\6LX$;-*?O.M^EG86:8) MD@[DOB-7C_P8V'LD2J$HQ-@Q3"R8P$=>[7TX`Z&.`C&0)#`PAEQ.(!<1V!0] MG".$`UR6Q^>\/%PJX."&1$:Y_M\[U_`2GLDT>C3>8@2-C*4A%Q;@B@/="B\M M@4%A5LH'&63/H=\<5S?Q'E6<.]T,M$P,+EO>T@[(`XP#Q@E%M14FKY)B%-Z, M.S_F*##$PQ(*IQX>#+YN-3SP2ZA-JZ,N^4']62\P*9[MJ;TIH'[N!=XM!14M M<1!%HC)/>/D%XQ[>!OZ_D97%E8%4[&RDF#OI?]&)&'FIF M',P&0/N'8B8;^XOKYOL81B6?N?3P:J'>R1V>'1GP39S8_Z[^%!BA6)'H@X_E MMV)QU^";.#\?&%Z6LR%Y1=2Q(:_$6.1.(7TJ5^F<>$T6))PU`Y5Q`$B(.?]I MVW[NSNWVA$EDMYXG>3$B8?[*E/B!*/%L9[V&,W=D M1WF$P)XT9@_DM+:[%7[*W"F(?_UL]#L]B;"OU5+XT\[00SIR1_5-##K])[WP MM1#\>*JKIK!^L@%T7+?!*K:'Y:"(Z+_([:]?=;?3[>]S^Y\ECJ&.02E%^-@: M+FP84+`N$.TBVT6>S"*/IY1WF8O\8\G\=5S;8SE.I][SW_"Z.NP2AG9GS?8S MQ[:"<]B$;F=$HL"PU^G7BP)'>/\W/\L?=!/SD>'?[=A]RE^IC\\^K7NC7="Q M+ZC?Z>.!W_FZ3CQ2K#I#I^!J0V^%EL`FO=5Y[HYT6ZK\G=9KT(CW-TO6><(& M]VQAU3O/VCG=3!U#)>@<=5+.#DPI3FWWVB:G.7OXO4]V([;=K<+@29[[^\< MTW0FTME+,BZ=CR%IJU5]>#*][K1V][6LRK'>\/!#I"V?&YVB:N- MTD?7[(#X)+9`U%DKLN/8\T5W>GM\+F:6%DO8GC8A>?V1;&7V#ZB^G=>&T(OHYB.@?])SI\R34H=D;6J;=/7G) M?54!I9<9N?&MD,C)01`2'#DT"_%BNCKR/I"Y$"] M`^*)O'&2>K,"4.J53U@EX/7_8-C:G@S?S[1V19K&21#A%>R*'\3^V/@'I>?7 M4*-1&GTEZTHWAQB23+'VOW26T&YE2MW-K5]')7KL!`_K&S'/ M"`=2_.QWK)-8)7="MW/(V'N?+ZU!?$@#"ZPVJ5* M;R1`]!JER_F/K7#>9CUND/58+;4<';Q+XB1%,1KOL?+H1ZQ72J+9,\A>:W:U MVZE;N$U`>G$+>I;8A3TFB69C_`8WVC_X1MND!=^I-[%;D3W;-X?]H=EWZB,[ MCAH'3R?/UB]]M11]T.39@P6I545!GE?(_H81GR<1#W2:%\#>"9@Y_W%M[>9! M_99IV0/3&JY9=.QHPOI77+?'S6@/%.!?1=$?PV@J_%5$?701ZD<0[/_:X59' M.T#:RTBX;=Z<\T#!_,][MQ2UB+-,LNV9/5B1L[.HX@/>,KO*06CE^:.FV#8% M]^3YZOG+[$/7,=W>FI=$*[&W$OL+E]@W--8<'2J/0J!_'L2=WO53%.O/,=VQ M9SI=R^PZN^+CA[N)^FMV"SC[*.NKP/#&8^`'U.N<6EE>7K\S!MA*O=A$'1\" M$G\U[)M.G[MNOAHYIM4=<'S'M+K_*7;=5?W3C6*(=EW?3VKT:50W^>36K&6H M"()7UJ!G#D<2-*L_,"W+-;:#J]Q^=!54$0>:8Y-1STC"Q)OAY*_#?PM3,1[ M/\8FR&DDO@'EOYW!,W_[W_\+6)Z^BNE__O`Q"N<(Z$77@O]/0O[L7CC='_Y&+.;\0HHV$FUV)Q7M-5;_ M=&NIY].N"EO/GSJB`NM]&:*I3ER9=ZT=`G+K@T:Z,&-N8^H@9-!``AA M]9['TZHXGG<+*C.`C(S%DR7A#J8>MDKW*6+U!+3O;2QL=J=?/D*KI-C&J,C' MW9H":"AC$J8@U>V8".J';GR!5"Y\=^?H?/"X\A[:"1;K302:ZK*I!K)"E4&9 M]2UJBU^\1]0-+Q^\:$+#?V8%%Z/-28.\C.-TSM]]0]A:_>8IZ]1ZQJM&(CX! M\(WL'[^R$OP!E>#SG?4:U/TCFW/]:V\7='1D:N1F-^L1`%NO#!XAL">-V0-9 M!^QNA4)8WZOUJQ__:4R1M?FX:A$G1N0E]9GZFV>K[E!C'M4W*.OT-\\PJ6_' M>^2K!I&K2TV%[8[K-EC%]K`<%!']%[G]]:ON=KK]?6[_LY9T+S.H]_Z]/Q'! M9-FRO.Y>O-SG8SU&+9P](>+H.S7!E'9KZ(I;';2';:2+&>26FOB03SOF8 M:[9:U=DUD+6ZKNFN*)A1.=W1Y*UV1\>4N-HVD-V="+P/@#:L*=.W1F9O6%]L MHJTI4\K@VR=YG?3M46H0>Y;U9=H.L:V@?FPTV5:0.2G8R^$;D>30RN.T< M$U6V,O@YRN`;6EJ.#I5'(Z+OHD+F>=XNGS=)9CNM"Z<5T<]!1-=;PYTIH:[? M_^QHZ717Y58WC8]8+X)A*2:B83DPX"SZNNJ._".'?A]]78VVG>MS+V55.U==N'R9 M[5R;BYQ'U=1R)WC80.X^(R3(SJ9NIW>B[6RW[>?ZDMK89OU:_=N+5;"%%K?>H2H[=-Z.H(XEMS,9)MS$+8U#>[8H=^'L)T_W4K=QR1U MZY:REREUGV@K^9W@87TCXAGA0(J?_8[UDJ1/3>@^4LS&*C8?6+I%_ZD7F5Z2#]LUA?VCV MG?I0A:/&P=/9H/5+7RV6'C0;M.UBNF\F>1+)HNL&N)SF!;!W`CZO#J>6:=D# MTQJN6:OJ:.+4VQZG&P^6?6I[G&Z40>ITNV9W19)UFT%:/*G-FV>\P/:E9YDU MVC-[L")G9V&R![QE=A54W\KS1TVQ;4[IR?/5\Y?9AZYCNKTU+XE68F\E]A8Q M"^7P!]6=\#*8<'M"/0-%CV^XC#]/M9@&(PU\_N'WZ_<_&!,Q]N?>+,8@AK^! MIM9S_)[`$Q/RYG\,O." M6$5'4G`D1?-J(2DRDD6Y[Z7WOO"*U1C[7Q@>?=57OWW\X6_8'K,4=7.@I1P[ M6BNIZ$31NDE@%3--,-R$(VL; M1D55(_M[[/\<^#/@FE$J?C!^.JDU]IJM<8F@;*>[@_"XG:[PI/"NTY:SQD'N MCGIGB_=LQ,N\KP%V5?P8"7$E>RI^A9E_];[[\W2^_JG]`NNIPJG5WP52UP3_ MR-"V@A&T:*M!6T]#6Z\QVFS7??%HLUJTUZY MH4UE'J@NH#COIC?HWB3>+0%_\@X[2L";G.MC!?S)HW40P/,>E;L7%ZV.XY25 MZ6>!_^@PMZ[$V&)N\VM\:-LMYC:ZRH>]?=WD1X>Y'0M!P^XSG]:B%'3U[LL? M/ZLGL13!?_FW=XWS%[^X_^/\^A\_50ZRR0Q+S&ZW,U0QA9W/L$0"F\WP*7QH M/D'_?]RJ"6",7==CU'PB,B>RD3>BQM)FV0/@N\.]X&45V$>$K76]N"\;6VNZRLX!6^1MBZ^"+R+R MP\GZBG@-<@8._K,[[!3!/`@25CA4&SOJ,=KA"M04,7F?1K#3/"&_KA<8S[KU M[&Q#+I9V9&U8]K::!I@MK\;JNFZWN]/5;$I#OX72I[WD\]9\W%R9QX\\+D"Y M\:[NS=JYNU6LOYM]:]0;[D*\VV`1NV8EM1,I[M+X3MH^A,;J[R*$9A<+.P4L M;QHP8^W"_'=42'XR>*=X7V95)/<2!C9\EC"P52O:-?%J&MX.[$@[5_Z6P-OC M^O>N_.TBHF,]L(\/6^L;8E8@=;=*S[G@=)719C4RCY5`&>*UH[4_A0\BXD_^ MW$\:>E-V2Z%/>Y5VL[CC1^2F9'D6&/Q]L3@X*=I/:C6[6=SQ(W)34K2?9)![ MPJ"([GTL07L9QX(2H[)O/OG>#?J4?9@UJ?(^_QYC_=T/<0(KT<+82TP9O936 MCJD2_:V]7S6,/<\J3@IYRY2(3F3["+"&A'SS]/U_L[9VHV#1+ M:]R((Y;2#:VAY70=ZZD4L>=9ZVGB_0D&6D:X;7?=)=7YU!$N9_PM#.XI!9SU M4]FQ,]Y*C>XY7:OKE(,1=@_D`7'1.#*C/X3_<\IFK;/"16/;=*_G6,Z2EO9, MN-B+J2L#8(7=;D-S2W\7,:2;+N`H,;BV_WT7]H"SPN#:/OE=.)(.CL%Z3Y8L M"'=\GOHG03XX-LFA=V$Z#:[PEC(D-Q;YK+[(DH8K5OU/^>X_ M99[C.GZV;M'G6S/Y3H'D--9U@>SO'FSMVM/O`W[$4.?9S6;>*;RK);P2O.CW.B"XJTMW+(,[;P?MAOIB%CT)P4(:H?CWL]H9#5Z.:O0'X;)A@T1SXB/P*GVL:;O/#W[[8A2"D MYX5RUT[EHI4CLR8"WCY"H8AW/QS?O^WH_'LS"&JR(K MAKY6`_>%JN<^]Z);/_C9Z!8[$/PKC1-_^OB#*N1^@Q]&'8,!,``"V4_\)BOU MOL@KO:MR[PUGD5_ZP41@!WB[6]W[8?<3?+L3!FZ8%SP:*9:;^;>(C8^7UV^- MR^MWQJ#7O;"ZIL%@#&V;X?#QS)B!:12(@XL"\[374-?Q.-&+^%'*"=-.#,!'/([\&X#)4U`1>I([ M^.4NG$WHL;GPD-@)35Z2P`MI`J_@F!5@$@R3[(@@JF'9QB*,Y=C>GP(V(#*$ M+#QC)*%Q(]3WL$1Z'K8JC8*.<3F9T'O>;/9H+NW#(@JQ&%YLW*8^8P4&F(@+ M;3$F`00;%L>P8V/:?Q-0R74>&0\"AL?H1-/0MI&V#9[RY_``L@;X65L7OI@` MC^%E=8"`#&^"-,][]0##PR+^2OU(3`B$=(&+FX2+`@7FB^FZ0DZKK`IQE=Q+X)4 M&/(:)*+#!Z:P$?#SH_"B&/N8=)%FP_3V#O]P.H8&4^%<$9EJ!`:4CS2J`\J; M]02P=8!T1T5`JIKZU`*'`F$9-J;>'*7`+;XG<,DAS9TRP=#)Q540)@O\<>)/ MIP*P.85[E'#LS?%,PD9B!ZTZ`^12:X="AIEWP<(=!T'Z(?S;VCH^G)Z#6+<98S&:R?Q%* M0O1WO/#&ZN]B[Z0QP.\M8O&SH3[]8JB6[]WNC[_``A$*"Z`POOES0/QOXL'X M&LX]X(_TA8G'SI_^4&@C\W2W(QSWXH$LU/CE;%+5Y^@Y6E/!N@$]P7_^X/Q0 MU4)G+)#+_&*L[C5%TRDJT0XQ26:1\1/^;*]JI'0R2RCW3GKN7G:2./ONCS4= MN:[S`RUN4Q#!LJ,N^<>-",04KAH\[[7[(:<9_KAVCS-U>NK@:T#/:@C[Q[H> M9DZO4]\G\RD(?FQ7?=`&;22)%VXSTPA$@L*#(E5)HT?6/\WNK-E,>)G2#KN` M?F?-!KG[()IMFB#_8M1=%._NT)*!^LB]-TM9@?50-D&%Y_B:.NZQN;V[@DJ; M-W;\\0A;V^\1::,5)V,+I#T+DRW#9W?Z2H=`6V?C=>7O;<.A:N0L&MR8A"G( MZ!LSL37'7K=?[-/<)D=1O1#1HG6':*WOSWE:VOP5W$9Q+.)8Z=^1@!?_S2F_ MCRCZ3`3H\Q%:^KSO]&P"8A&HF=YM;C$8$1A-(2$*.,M0@C-J=%>"62L1$@J)@05%_X'5^^41"*"=N)TAGG M'4NK`@&O;'15(P%4$[$0A`>#K'HXYRW(=5'V7IQ.I_[8QR>FY%7&`4B)E\+A MA`KN%0P2?D`0/-SYXSOX(8SA)3&'%7J@\;!11,"-'\,*>`@Q2<>)#X-VC%\S M;!HY)LE\)3N\3F#1P)AC;Q8OK6N6YV>SM701A?]BVVPE\&P])JONS`L"7$>< MH,YUBQ9QD%/FWI^\.$`5TP9"UC'(@96C;`80T9[!272>K*'UDLBK8.(T"]1Z MY\%Q#%(\E4H_12(@*WF,J"9(P@5Q-MC`60C$-?:BZ!$.(?F<#>_>\V=T"($X MPND43E;=Z9RBG38*OQ.WA;U^U3.[W2[^CV9]U5=_FG""8O0.^<`@'DVYQ7#2 M!(;"XN%)'H0(=)NM[6J[E#N'5SEMEYS>63/L#T0;,'GV.G;"0(=Y,`9&2=14 M[(:]E@.XM>8>NRFTM>:VUMSCLVN^S%6WUMS6FMM:<\_0,-E:FNN%JF\A8*Y%,7>8(3+Y".+*9FH77AX1ZUWNQVGI^79[`"P9UKK1NTW MCV&M))=>!I-/(?#E[#G1I+=(T_;T@_4660?1OE>W61OYOG.XU5$!@.RKX/8J M$?/XBXC&TG2_@_V[`"IUU]S`56`]QS(WV$A? M(PI]*&1?$=^E$Q#Q&_O?I7^075I3!(FN(H2%>"?BN^R@8N\4I0Z(P(,7_#EF M+G!"5L?XBF,(F>O+"0:PV`Q7*N4`\ZF4>Q*G(1!RB"I3$1Z\V'AEFUW'9N=8 MS^RZ3M$Q5MSU.W@A1A4HJ8$B$G//I[R6<"K]VFKK@;#GF/.@^P8CH?89B`4X MCG>Z?M#/`2/7L@BYO:(3M'2N>S9O"Z,F/[T&'I>E0YJ?B\#XZ$5S])F_C;Q@ M?&K4Y3X[MQ[0"_2"7#IAC M=FVW<,(HSJ,8=D!T%HC;,/&).#0R5H?*NY&Y@+PD^A7&QP1$9F=N9II>G#`[=I1&+,5S(L(:)H+Q"G!DY+\U4 MB(N@Z1#B&_07S[V)4'B2247PYBL@"ZMK+S,MR:A,X%0R6NHK=QW> MH/(FE:.\&9\HN[)4YQJB>WS.#NO<@'+F\$87`Q1HLY MAQYH$0IX:/E*Y1/*B/LK]1=SN2&^C$7A-+W+]!9`(&0..\:'[$%FC&K_X":) M;ID5RKGPQLBR!-7]'/-V.&9?[0:+B>B_&G"M_$:\`P6RLR;8Z$NM(CJ#1R(YE.L&=*MZ+ M,:D+AF-1N)F65W@PK!UE^$E5',12Z,DO1K4WHM+I4!%LT2"PXG]@]YXM^*,! M/!_YCE!JU9%`E;&B8P*JRHETH*B7'817V-VZ,5;&)^T.@/[N@TM>/0GVJ#:F MQ'(LLS>T7M["^Z8SVCR:YF27;3FN.1SL8;\/%T^T@0M2'7AWO3=6S'38P!YK M:('`.3J7U71-RSF;Q8PL<]`;[F@UAP[`VO;`K1E`=[2[.AJ8W7X]%SVQQ9AV MK_XJ/*VU6%W7M$>[VIF#Q&_5QY=MK7,^8=8.^DQ8D]O'?8NZM=T(M;T)D(&)NQYQ/D]?6FE\U8?,]V M36>%&:+%6F4B7-?L]\J9F"W2GB"UOFL.W6<5)TZV]DH4!N.9-]%BKS#Z:YQB MA(*'87E8(Q4=D9>WD>#2%A2G]F&2>M'$N)S=`/$ MP*`6X]V'SZ8A5#`J1;N(FRC%TB36T)1!)E_2"'MG)!SAP&%%<19.D3R$Y!RM M!(N3_'^-.@8#PH5>L5C+PO,G7'7"3[#2-(613`75$WAEV_T\"H/*\49QPK/( M(@Y>MG"*[RJ^;O6[^NLQ;$5XPB8G@CX<]O``O"T):"HZ.7 M5`VWB,3<3^?L+G[W^>W72V,<O+%+@SI_'8C8EH#E69(X%.(KKM&PM]*8$ MZ+<)`>SCL+)[>X22K0P`^H$/$$RZK,*)0'B(2JOW!$ M;ZSV7<[+0"3HELO&*!8_7Q$/05`L%^9%4'/("[$^L*DR&I50RI$.L+]NCT,= M1GUS9"]%53P!HBHOTC0T8ET`+8#(D%G(F"T M,0=MS$$;+0K4J6J,L]8H])4H^X. MU_/.6_A`FD^^CC[^[6AK9`UZ0\T!ON[$^X1\,]H:`I,8'>N*-J$MJVLY!UC0 MQS"-MJ.MKFN/K+4!S^;=(]P;4=9HT.T?Z7(V(:N1K==P-^-6KC7H'^=R-KH&![M<3<-K=%-2`N$49-.U;^W=0[D1Y8`6!TK< M,4"_":$X75"F-@;^ZMV7/WZF1[]0US-_+!^J"9[KE8+G-D+XP,4"Q[53+\/V MCHJN74;">T8HG5YOI$-9"T29$+Y1L;4KK=;:KBG6[<(_^9XO3[@=2(H,WZF" M?DT.T;H@$4XO@PFKCA]4J;#][:?M6B/ME%?.OPV0Y;C2C8#L=X&7[A'()4QN MLM=VU[&?$Y&;T:/K-(21COB[\";R/HI-:M17R")VWW)ZDGED(Z\U7WFC5C/4 M;M?=8KJ>-MUR`>X*>;E0Z<[ M."K\KTO8?;>[/?SR5*B$I2Q?Z2V++,CIN(?7#@C&MOMTRS>=`L``00E#@`` M!#D!``#575MSV[@5?N],_P.JGV[]H>]?&'@4\'O__CKW]!XN?]WRP+71#L MN:?HG#K6I3^GOZ&O]A*?HL_8Q\P.*/L-_;"]4#ZA%\3##)W1Y^!#A\+8W=*0.7C# M:WPR.9X??NW2CZ-BU:*/ETQ[RTCL-1"F?# M67Q+*LIGD'!RRB-X5]2Q@\BUM-6@TA+R/RLM9LE'UN3`.IP,G[@[2)4?:9!1 M#]_@.9)_A8ML:I7V',F'(V&8<(G]8.J[G_R`!,_22FP9@13`(RX+AN+3!;*7=#)AL0ELKGU_/KE0PL0NE:%553F4-T9O/%A42:#<\4\>AH6@F_OV,>L0A6`NFG&(W))?^6FB< MLF<=@$+!W>J=,2I\+GB6\>*_(5E)N^L@5-'LAN8;LUT1D47G*'C/A!OZ^A!3 M16/$.T2H>+;O/"S8BR!;V\+GM@&)?.<6NKH6F>.2!%'\%`8_HU&P$/DJ M(+@`2$W'N^9QSVS\*_+_)IM,`UPJG:&H#`-34MQ\A(;!T5.:C]8P9'K*EB-W M+>>"LC$=/6$@=73&(BFT#900M!958;C`#%K(<,]Q8!./?[69S.[7N%'&6\;$ M=-RU4J^_P0XF:ZF;I.KZL5C/RSCZ&RQB<(C/"7<\RD.&>7/T6E[&T8N0[89. M<(.#D/E\ZHFAEQRR2I>=NO\)>>S`S25JQ-^XE)]LYHO_^17E?(;9[4*,Q9O+ M!.#6F@1I?5/QM>42+Y0M4X8:ZD?/=S!5TRI,RUHW>,$Y&,K-K,TGH++UE(:0 MU56=EM!\)FEM>PC48U-^YJ6HJ^@Z/,SGR-:VAT"=-^5G7HJZ.J_#H^7LW]*6 MJ!>V#=9D>":HKI'`#$R/=:P_9`U^,!7_KL5W0`/49F0<]X5-6+1B=CV_#:CS MT[H11%(]-H/"@5^$BF6B]V4CQ2EX68#\5C2CN.?";)02I7]*((B MBED@A8=QR-LW%2@8#P2PS3JV^)R0H)@&O?KNVZ'(;K#[.MV+SJ*-@\N3N M$,I4PR:0HBT@1"UCC2;(=Y)?D\9]3S@68 MLY"QS`*J9]]A+ZKVSZ16" M`,GS`F8\9LH<1)F+V8?!)*W'9H[B)\6].4F)$0^7L4]:PO++E'[.Z+)*WXEN M:1-1LG81*`;H$9/[11"A[]".Q5G9KSC0^V$E%.P4V-LDZMWRI^ZZVA^_-K?P)V%S%G8FNX4V-!Y.Z=L<[Q'`NA7#$RB9%>$?N. M>"00J3"D-X+2PPSXIE,#UM-%[TR9SJ;//#L>1Z13ZI4]5C55A^)<81'E%M1S M+YK?XC]6M`WVQG07Q,5,6!37- MOHJFZQR\@9'U*NA=L[\(F4^"4&Z/<"_(D_RDB]45)%VGY@ULIE5`[TP6ISA? MJ>_`9KZR);OT-"+TC*_(&KN7?F#[]T2NY\8(J_(<'5W7Z4&9.?)^!A*_=\XF M.BC*2<#A3E=.T76W#;243N0>VB@>_F26JM1!+,QL-9ATW3>#+5E;,;TSKF[Z MI=Y$2]MAL"S[W3J(!ZFZFR!1.E,$R"]V$*OM%E-IGI^@,63F=;037-O*]F#- MJ+"1K8Y,M9AT'1'*!2M95JJAFAYZIH_S;X-N\\ELJ:Y#'=A`VX3KH04VTH"" M0J\:2*GB?YH&$.V#DU.>F/%XXYG(NKS0C=YC8)%.@X"1NS"0;?P;E;T-]0.A M+R_:"AA@,?"N:#JF^'>Y_2-^Z40*HMOI42C9M:^:-6]^-TB)8GKGY#=RCYF/ MW?3=(F56=TZVZ1VC5RG#E]<[N4U?T?$)ZVYO91`PGS^P5"5Z.O=FV M@Z&$H.MQ0*L6UJBI=V;-=*\BZ2RJ!I1'E%!V';"ALN5,:-@_>CG$;ZB:;>E: MI7SO1WGQ1"+]T.INWNVGP\U6WL5%J];V'ZL.;!+`7N4`_M"B^@E0@HA;K,V&T/\^05_88P%'OJYR+CH4CT8+/EIK:F?.[([)W$;)RGTHY41=OY8` M-1Q`\CZ,0:N//%9&=,>5(SI)C"+JGHSHY.L#`I-(=-=$Z.'C\WV=$0I=3Q>2/%&&P,9N7%`EF8 MDW$>YO$0O5!'0#?T;;D?X)(!!?,DC_G-QALY2GA%R!-NJ#AC:'`)J.P^`@7R M01[RVR&2I"BBC=+OW,XT8P@K+BI0(![F(9X,44R+5.(6VGCQ'@,%VE$>VCO9 MRB412JB,8X+<9Z!@/"X$\O$09;A$#IGCLX=X7AG7)X7>9WM<1Z_23VTL2FKO M05`@`[LB]"IFT@;@LKL2%)R5/5.;Z`!7)RA`X1U5FZ@!URID41_`^ZTV4=>] M94$1H7$WUJ9$VBL9%!$*W=KV/J/=QEAV:8."M-"[Y;J0-B'"[V]0(!=Z/6V/ MTJ80]2YV4`0I=HVE8QST*F&)-CSWT^4`KGM09(+VG-9+DW[AO)%R3[+I+X-0 M9(-VL19*&&=*\WW+UNQ:"$7>0E==*F]2&4IJ^Q6]U!='ZI<:]ZT'R%42BM2% M?K]4ZI0U>B69OT:"/8KX=R5C[7LELH(?%E('O>`;B87%99WG29THKC3^;M\F M!P7?PT*6498O[R7P`NZO4-`7$@PEB[:R&76+NM=?;J&`+N0::NJ_%T4WON!" MD:20@I2/#:S204.+AJEU&88B62$GJ1CU[,5@C6_'4,0JI"7EPR*K=+S4HL%J MW:2A2%9(2BH&?/O,(4U>H*$(7,A*P,-#"SJ,W!CZIW@W6WP'.GFG,<=N%P!E M8IE<`/(<(;8]B+AZRJZ7]W*='B*2;&K5JAECY:,>ZXG87MW^,+C&_PG4@W(.:L)NQZ'VL[K56G MJ-X9.#EY+!7Z&7"(!W_RF)-B%";"2-?D]C2?JWP>7 ME>:H,*M5LA1CH80K2MFV.N!K?DN<(EUA%JM4.LD=1>RE!:,*4%+#O@4%7"6G M"`E=3;,4L3JS8_VKY11I@?M-0LI"6#)O\RX2>XE?]W9'(LG_P=0 M2P,$%`````@`W&T,1T!>XV*G%```IBZ_<.]BP0NM#SP\GGO>\/ M]N#A8CC"Z*_6[TX0TR?PR@\`LB[@=!:`")`72<9GUG'OU+%L6T'M M[R#T(/I^/URH?8ZBV=G^_LO+2R^$<^<%HA^XYT(U=0\P1BY8Z#HX[9_T3ZSA MQ=T?5O_@'[W7,8%_Z43DU>%!_^2_#B\/3LD__SX^.SDV/%;"(GBO$R MF]?3@X/^`?DO$?\M\,,?9_2?)P<#BW`2XK-7['_>RQGW4&Q?L95)42Y5<_].G3_OL;9:TE/+U"059'D?[&9R%9O+6BQ8" M^<0G^\G+?%)?H#H'&OMGF%ER#5TG8K50BLCBIJ!_V5DRFSZR^X?V4;_WBKV] MC"=6V`@&X!Z,+?I_4IL6N5+J]^G#?<)A/`5A-`B]+V'D1V^44#1E(`EPIN49 M@?'G/=^=O=BT?AQ\.#J@6?U9139ZFY&O"?OT8]BS]FNB.W<"6H(/SP!$6`:G M,K'&_.\<1(Q]!I'O.D$M,)62ZR&CWQJ@A8]OQ[O($Q<#[\CH#(5:N+'(%Z[:(X8]K^E60 M[Q4!SY<2R!58#P>M#-$;X2/$CJO4]O$EUOV:7#@%C\ZKG*.*I.OE30:94S]B M[2U=\W9/;_M7UO](/YD&N(IRFEIE-3"-1KP\);K;73NK]??`!?ZQ#%*,2#@$R]Z)255MF!]Z\8)Q6XN46-]&NW\HN# M0O(WOH88WP'T\$SFXLUM4M#6F@59?@/RVO;\(*9?)FUJ8,B>KT%5TRQTVUJW M\5+7H&EL9B]^*1:V7%(3LKI%)Q74/Y*TJQXJEF-3??JMJ%O0=73H'R/;50\5 MR[RI/OU6U"WS.CI:'OW;TA3UFFV-.6GV!-4E25F![KF._0?-(8P&Y,\Y>:=( M0&U%VG%?.3YBBVNWXX<(NC]NV;!=M0(U5JC=CEQ>ZW,@5]8F?GP;1VS=F(Q! M@S<=AYWXKCR95I+4AK#^F ME(JVYIFQ!>\42U>/]M8LK,M&`U4B[`YR,_A5B?-8.)$+60`%#5DX81"?B0KD MQD^`3#8)4,P"!]*,\N6ST.*'T3Y)NI^FV:]4T#[N16:V!Z>.7Q-T67H#B%E. M]A1,GP"J";,*832H"RV3V6B=!&,G#J+&E3(3+V(FC_W0 MIUTC&;3_*.`&KV2&Y0$O0TX5-HPU(H^I[$'R7]^RK4PJ_Y.,B:Q$A570H1MQ M=4A1`>(AP;6(8B&_4Q$KD;%^^1XZ,9G;`._7EN%5!QD5L!Y)L!94M(!7$GY4 MP'J\@G4I:\&QM91NMX3%\4D%P"="P%388M+M`A8',!4`?Z!?U&*Y@?S1[UDY M<8IZJ4`W3D%L4P'DQU60ASUK*6LMA74#+,<^%7"=KN(ZZEDY$=UHA&%0!6"? M5H$=]ZQ,.FDWE_*Z40K#H_(H^P>K*$]ZUE*:X5S(MU3U%"*E"I#[JY`_+&HB MME)=#'BJS5JJT]_N\V*J"H@/5Q%_[%E4U&*RK%5*I74#%,1:%1`>K2(\[5F) MK%44UO]UER.Q"LB.5Y%]HM\W%;)2*=V05`*R"A!/2NWW0<_*:6&5<45/^\VX ML#GOE_J7J17`::P/VH1G$+<5P&G M>O?4(FB%D+`\Z$/UWJI%T'4#Q`H6-.Z\6C1(&DQ6L*#4F55W%:U^A[QHLP+0 M4I^VTG.TB%`][JR`N-3723N2%FVH%X]6L*/<(7(G--8OJ4IKH?/7;.M49DL` MW8(!`=V[!5&E>X:Y5<8.?F*^E1C;$\>9[5-W[#X((IP]80Y:^Z"?;M;Z<_IX MM)@KTI'9D/Q<,!4X3R!@>8_2Q%5I]PV`SFJ$`NPTW2KD9^!"RWSWL83/*SI3&"4VEYIF4'A1;D"Y@`V;,@\@#ZO-<_6&(A M51%XG_2H:06I6%,G(Z/1]X?E=.-; MN@Y7(I6F+"<<:>>LN!Q8GP_AMP9EMNANC!5*?!A^QT"YV'.I6_A@NBC\58NX M%+3(P1U@85#*+!32CZH:[.WCH6P3MX/2S`1!#U#(%MR<0+$I$LJ,JEK([6!$ M;A>W5]@,*RJ?BHKHZ/B]<50VCT?5L6:J+N#L#?F3Y^B;]+NI2CHZV5HJN.;P MBOY$<]&GGMF_@\#CE'@NQ>AC-P4M=T)4`>458.Y4 MEX7LI=-ZJ7GAR]O(6I'"1LV"::KK1[:5*LZEQCG3#/#P[9R3.^=DJRQ]!7"" MG-DS#3\3NR(%(F8['J6VFN9F?$AJ:!ZNS*TD$.G&=2@O=*AJ@*$N09TLF>SF MT\9D.^X[/602A`!'OGM!!PGHC3M;2--7)N_([2?_! M0%A\A31=.;*E!5A&R?5'=]QH.P'`J7_J*X0>O@&1H-6H2#TZ,M:S*D5MKINU MV1%K!?]D*7"7.6[8):MR*EO!Z%(4.M?H3+7U"U7^ MJT746TQ_1R;6/J$M;_=1*9!=;O?"8,(WS?,RS=-*,DW>;9API7#@HU+,.V_G MQBX4>.=M_WF\[1>0M-AD4L]6Q^]]_./\[1R$[C-=(1=/EN629L^752TWS>M4 MQIVAELW?Y)+=3*R5F9`16%T0QDVWVV/0Y$EY2RR;[+J_("-@.`6H9(/,5RP1 M''WH9O:D_,7!VM;P&/S0L2,YGLT"OP&#$L&N'/\-&52QQM"E`'9.R^7P8AC2 M<;\WF-(1O^#+JTH^ZG\RW%TA@*W@K^BD#\31[9AY5@:A]P#0W'_]T)/:)\0J"S[=4SB"+6!E"S1%-2)7GSV:MC MAZ$+;8D_D_GJ6"V4.FR72;>`GVK(W&&AWB6(?.YW9))*`-^`B#WE+$@()`PN M;"7DW#4+_65.)_=%G[>@N,N)MZ"D>:!YA7RRB4).:76$34X_I+^N_-`)7=\)R&PZ0NR, MX6_.JS^-I\0NMGQ8PT-;1ZWY#&LP3[0Z9E)]6#8K_1ITYZ2VD,T2>BY9W?HE M+L$8($2WH2X.82-]PVWT#-"U[SSY`2E@@&^(>3%"0.3OJZO)?%*;6<0ENENW MQ<*(>^`2Q`0\JZOD0?$&BW3C`)_GFHK,I[F105R6-7M$Z"U2#,XB*&PP(<;C MB,!+-HQSAK5R08.9J6,`EXFF?I*6&M9T)'<.0E+"==K1HJ#!K-4Q@,M:SO&R MB>!/A7M$"\%OI>-2"^0M#D=4$C8[(K&& M_:8M%'.A4^"RJ#8EX6Y"$^M0HDAFN42,"U!LFTV3PQ1;9=SH8$4XG<410`O8 MTB#%:H&.]B?6^=Y6O6!<.\QL;*]B1`HSIMM^O"O_E?[B;Q]-A?@R71V'V9PP MB2W<1K5;UJZ!@\$S#+SA=(;@/+D,3D:;0*BK?:S->9,9PR.N\?&++?>&7Q'$ M34:D3&YDND-$`3Z/L&X[LH'KQM,X(&9ZEV"&@.NG%Z7/`L"*-J3QL2CR_\V> M<^WD,ZLK!^/K@%9#S>Q,N9B%F]I%4L:S*@7/[4$WZ^44>-HDOL/2W3^">\4V MX4BLNF+,KGHH="26SD7E7SQFDE/5Q3#'5*YLQ=UB>) M7XLO8^Y]&6K0S?1G":IDSC^3]\,TZ@,YNK:)TSHFF=E4"HP1^J/$\LNMLXPJ0;H-?S M#<,Q1--TV4E@;"E<6,E8;.6R^HN5RVSG*=]YRM^_ISSY"H;DBWTE4R(XQ#@& M""??3?*OV$FN*F^V?[Q>*9@V9Q"A5PG85)7OQA%>DQMU8K<@#G7,%+WI'CNN;G!-4,T=VJBHO^RROI.WQ,>P.5HB\E[\HQO7;9 M5UMBJ%^:W2-P[I!!$HW.)HT)&Y,GMPL,XN@9(O_?P/M.2@/EY@TTH"FS$]`S M8\"]$T[`-7P!*/GE3T6;6-O,M:M+NVN<<=BR\69ZU[6:_7TVZZ"FK>3Z<]6T M*N/-'*=7FSV@KK-)'.25.\^;6'+ZM.ZLMK1.K6NQPJ)# M%Q6)G1Y,#T%+5KFR\X3)D]P)+X-HX1)I8N=W3$2Z<(P/RJN,%R MX%7%;H^N8>8]R4O@:;4$DCG4\M0ZS,[*>GQVPK1L!I,)`A-"Q#",D!]BWTU6 MFY9=AJ1^=H1J.RIMEX7#J\D;/LZG8C7L!H;V'&#R&2HO:9;.F>&N@%'EOS/E M7:YG*BVI'Y>V\G"LVMW;MUNX^XD6[MB,5[PVETMB]O);R1;39NX,H"Q\N9"H MF[6RS[9J*JJF%'L)9CG86;1;H0=5*!*JIVBI6ZYADIA>>GC7NTEU.U5Y@Z4TS M:O+FDUK'#C.=V%^FLP"^`9!>$%IMQPT,$]<@\X7B1TAJ;_X]O8SR!D;_!!&] M&V`2TM5T/OFM96E^?6G9=`7O\GNJ8F0`XT/:<*:/:#K!(O)FQ[Q;+=HME/]%BV>(#2J-+ M9;O:>.G-7D836VF:*ZF,5K:;B2_1S6J;I+QEY!B^]TP?/R:OT&GAT.2UNR$I M#Q0ZP3V8@S#.)A?#^P?9LI)$L*,=:-+/:)4QJ1%FMHZLP1^$WC7)(OB?&/G8 M\UF@DXPVB6`+WV(;O*E8P26NZ]W8@(ZHP\DUQ/B"#*_?QA"QR3J?-+Y,5^NY MRL-""72%9<9-3`"IM]]/;HLGM:IP0:HM>"><();.-^H?]*R<,G9F44$=22-^ MOSMR9#<9>_>3,1:JG?_HQ`>,5*8V>R(FLM"T@<8J5NF1$IST'1T.(BII,2F& M3[_T\&+RU&MM[C9Z<,>5XZ;;^82G1JPFZ^J@#G%EAV+`9K94RO<2KM[CU]&4 M1XT#`6;C)SCT.C><1,FD0;7I`A&^C,$P?'R!_P0.4IKW**KJZLZ[!M.A.A8I MS)*Z""!+XJ*DEI`\@83HVJJ,)[J916:VK(JV7,$8Z>%YH>F]T%PTB#NDW`J6 M_;FFKWFAZ=VP7#"(._+$[KV,&C\M@8+Z5:W$?I^'&Y2W(7";)S M/NZ^C<#36]=Y'-(-DB"0]G&`EX>B# MR2P(,/-X^*#Y8&8V0$_BQWTW'9IS:GA5TE&_(P>O?,`DAJS;ZR'8)D.AN]W:+%@J:@%:NGR'PJ&QG$([GI)F'.*.`"AIA,F.A9Q1,$ MDIU]22^YV/3'&0HH2!I,32T+N"->W5P\(><*@*K>)<&;OC>^7`LX>:6GL-DS M?4[_H1M-R9/_!U!+`P04````"`#<;0Q'5@)`R!Q$``"^V0,`%0`<`&EC<'`L``00E#@``!#D!``#M M??MSXSB2YN\7`#Y'$DY0$IJIO?IBIL3*37P(?$N_$7_[M916A)TS2,(G_^M6[ M-Z=?(1S[21#&#W_]ZN[F9'QS/IM]A=+,BP,O2F+\UZ_BY*M_^S__\W\@^I^_ M_*^3$W01XBCX@":)?S*+E\F?T96WPA_01QQCXF4)^3/Z[$4;]I?D(HPP0>?) M:AWA#-,?\@]_0-^]^O?]N^_1[/SZ5_3N]#_?O"PI_(F7T9^^/7WW_?_^ M=G+Z$_VO=]_>OOOQPW????C^.\O/9%ZV2;>?>?GI]/3=*?U/KOZ7*(Q__\#^ MZ]Y+,:)U$J21BSNO'Q5Z46 MLR+3>_?SSS^_Y;^6HH+DRSV)RF^\?UO"J2S37T.-?`U)&GY(.;S+Q/A?BC]?>O\[>[FUOB!;0+H+WQ)[RZ MQY4:Q_S7KY12;]LHF/R8E%`\XAO\*23>^@GMC=;929277*Z^),E*\_'"W40I M\EMT7]G*2X5^3@&Z(49PRL<:G2JECEQ?;@6N543EV-@-QR=W-U_]G[LW-V_0 M5O8O;[>F^E1V`9=#77KI/<>[24\>/&_]EI'@+8ZRM/P+I\7)Z;NBK_Z7XL^_ M781QF.'+\`D'LYB.&1["^PB/TQ1GZ=GK)^\?"3F/O#0=OX1IR_E>%EP0:@?7 M&-EZJ`].Q/Z8VR3-+9QP$VAK`^5&T/TKXF80MX/^SBS]]ZY,M@A;L_@NQ7:Q MJR$Z2`"3@)5&L9KFRBQ&5`3M.:Q9D.&:]JAT4FQ'AY;P((20`I92 MHB$)CQ0R>(9N#A4Z:($?PC0C?`YZ()+0>(5)S+_@139C'H.",[)8`:\(HY6& M01H;B&(\J>DT-31AQP;)=!$L@E$*CZ5$>E`O#I/UJ\D?'C, M/NECCUS.&6]T,"N>R(1@\$*#K,V#2A1]@C/OFB0KG&:A?YYLXHR\2FEBD'4Y ME]+"K<^:I(*#4\8&79LVI2P,OK!="[S"9>\,<*N MH,?V/_5+=<9=`8)#CKXT@`A4QB<05U0MEE5BAPV2(S7:X_@2!TE M6@+.PH046!4G&K\.7LU*2.TZ+61@A(J+A.#P(;89;LI%G:[<:\`VEN@E:^[<\^R)?6V_SE[/<.P_LO4;S=C&K.:4?Y9.-`AHT('#0#N@ MXEJ,P+Q*;4]CGST-K3?K=11VC7]&+:?#:SL7&@-LO0H8]MGA%`;9A=8QQ+_5 M>D/'!-/_NPG7;&*@[W55TFZCG19R,\A)1<&P2X]/#&FY-,*E./+B`*7),GNF MXW\8A+HFR1J3[/6:0L_&<5"Y=O9Z2[^MZ5.M-%T2K8,K==)9J($AH#W6-AE+ MS1'BNIR)E?8(,6U0W>S%AL1AMB&8>GD1OK!_R1BA^3*)BMUB1YXJMR>GYI-5P2S`)ZG6$: M<3`4,V-L+U&(N6:0[2Z22`<,7RW-#M9,=L$;QUUYFC#\W_6S,MLU5V M&5"Z.52/-'::@].O%UPY'U&AC;($Y?I_2E&N>]@]X*(Y3%\P\!IHS3 M.""#UX@#=0$P/)"A$N)`+@,L#A0G6*(%?L+Q!M]@\A3Z>+:XT3+$J.62,Y8N MU%ED4`'#*SNF:PCK&<)Z0=4)H)V8X!MB2>RO M(0*&$G))\]5T9B=R>/*J*:]STB38O_-0_+T-L`A"S+?L7\P MRGU7BRWT3[_E*,K$/''&$N2VO%:+N:"4"21CD$IF<,(8@`E]3DZ)K2S/5SP< M+<[Y"?F([U/^!WY5.B?(N26&`F:3&2TA0-20(U-PHQ#.]XX1%1^"'64<8V>) M)6XU?W;%!1FHD@+UWT#4O`20LK-@,D/6U_C2DG-=[U*8;0(TA$`Q M089,28E$,(QAZGO1W[!'U,%`+>J*`2:P)1E4JJ-0M#BK^VW"D^IQ$FSCSR"M_O::]HJZ15I"@$@C M1Z8C2Z6!N,J`#"F"X0*O$Y*%\4/^VH]Z^J40=SR'U8)N366ELH#8HP6H)-&? M4E1I%$\TH<+2@&SB;#ZG_>A#0M0K("TIM]R10FQ2IB$"B"DR7(J5C^*ULD)V M.$)<;^ZCT+^($J^]&*^0<4L&";PF%6H"@(@@HE+0(!=$7'+`/B99K9+X)DO\ MWV\>/5H>"_DTVG-'(NEZ+4\)MK\<)@B"89$*G7)$PO/E11A[L1_2%I"DH>800C?50=(+ M6S@CS3*LT1N<>SW`2H_%P.)"L7Z@!4C!%GWQ%#`%?G1$@1&$SDZ85/B;K&87MTB M2*PY]]+'<1RP_V$'/)^\B!\4SLX]0E[I&)^_"*[PW5+7Z9'++NXT#F+:*()A M71>T`@NI$K_XX;-_X*TZ#$*.?9]E!T\7V,<4V7V$KW!6M"]5&]2J.`UJ%N`; ML4TC#X9L%B"%?K%00:32&:$8\U&5%T7),QU78;1,"`J2S7VVW$3(*U6HR+^^ M/QV=GIYREA;_AD'.6?Q$G4[(*RT!16DU1=S>GA3!->],;G\'0RX)*/%^9"%2 M48B"P.0)A5W&8L-H-OIBI6RX/AEP5(,3DQ5^'A*^%W\#PN#H-B$[S$M)\/V$UV#NLR M].Z+2Z7&89FMLM,W&SLYU'C$T4H3#!4[P16#7JZ,,N^EX",Z07ZN`X.9C7FW MS=Q\P-4-XZJ&4]9D2>9%E[9+&JK\LLQ(R0A0(4N9)_XC25+32JFM,HC<_E*' MK-+[-S3!A*Q.<(5^=#&_GBYN_X;&5Q,T_<^[V?6GZ=4M#$I^\OS',,;D57!* M41(Z!;TZ,18]_?K#:1 ME^%@@M<$^R&__$__'6&^91\'XQ4[!?U/_G?E,$&]?+TG\XYW$O9:**U=A[W8 M=M,J?LY;18P?&&#MQ&6_?HEM*$T_L'V*\B,HJ'T%1EM2^J3>L-"K@)CI*#8T M=/*PIM062.4S['6AV'Q(BF^$P"#<14@'*O@R?,+!+,ZH`^%]A/,5!#7E3$I. MAY]6#C3&H%H-.`-1&YB:=X,8X];YFS';O=M:\/-JH93OQ/WP?O3^VY_RC;@? M3D<_?_<]#(J66SB%[Y02AF5KE;C;A6H]Z.;2M%P6#!4-`%5[;E#HDR^&5SE] M<=KEGP[%! MB62Y56*D3#Z6@[>]JSTK,,2I`/7^_P`[_9:UKZWS,:#:KNT`TY#';_6Q%:'J ME2[#WIB]NM,5OHY.-=;[+'7!=%X=`0L+&+/QV>QR=CN;WO!MLIO;^?E__#*_ MG$P7-W_BFV:W?X-'57M6#DY`2ZY!II4U@\`1Q>[FBTYA(-I8W(%12T,D4;?; M,.`X51Y>O_9>V<%UMFKL^V2#`]%%]4*TO84A[B=T<$UV7<%"'0PONV-67F98 MYR;X"I>7&T$X/^L)9H@7X_GRG,Y.0W4`K(NX#7DBN&:0V_X.ACX24$*G2$78 M`JC/A:`0P3)4#1V1[`+/P/'%.!.TCB7-#D84`T/`4D/+B4MH M7.B\0`!E2:#;(L`13/L[3_3A3NQKR:BT-\L%,;?O]LA!-A_N::YO?[US>GI.SJ^)>B)Z?P9O?OQV]&/WWTW^O'[4Y3FB;^\_&W*?^+@ MS^BG=Z,?OOMI]/T/W_+!\$^GHY].?QK]\.W/I7#(LN(6MYJV"<.0EZ%_W]#1 MTOO3$6(,X0(3[/-'AM#[=_ROWXW8!<\U]K/P"4=`+MN-@X!G@/&B:R\,9O&Y MMPYIV%9-.E32;J]P:B$W;V]*1<&06H]/F+!5THC=K3L)8^3G"C"XM,"91^<, MP=0C,6T5:>/NWC7F-,V\4`F!%'']3"X,.08>EK M.B">T(CLD?0;&%RNTK&P*2L_4;S(4_RHEB%U"H/D7%("EV9@$J3!\,\(49F= MJFJ/PM8%Z_6Z0HG3Z&`)RF<'@J.4%!X45,/3M#5TW@:O?=!BA;'M% M`A[3:ZM_UQZ9$Y[/..`+@=>8\!3^YG5#M>9`J[`F5Q0+LRHU,&RUQZI?OJT6 M;NN,1&M,\N58>-S,WY(85RO*YO(1-0;BH@JZ@H-M<8C<4V#4G["<-1"*>UV[JN%W)SX2D7!T$J/3YSR,FFT?2L$VJL@ M"TSGY!OCW0E1S.WFH1QD!%."^3JY`R" ME-/=.#G$QK9:4P0,)>2XVHR@OZ"42>Y*B=!?/_.*/OWA_2FOYMGY]:^T@TRS M^9)C4;1^M9B+BC:!9#6MDAF\J@W`A)''_.86S2_0S?@22@C(P7],DB"]22+U MM*@EY7;<*H78'*HV1`;GA1Z7."!->3*5O82!_=""IXZ[)LE2>?2H(>&2#A)H M=2K4?H:U"RT":_/@XV)^+L:WLZN/:/I?U].K&RA]S4<<4TG$QPB\,0=22H/AEQ&B<&F%#8/X7I-6?\+15DZ(1D_>\`F#JH#4;;*3F-:)X<:\&:,DMV:ED8_B M:CHP*";,?VSG20//.JUFF[`6*53P%`D,2VE@64_R_;C+)$TO:`V=)S'%N*$P M"^^26'V*V*SH?D?5QA%Q64,5/7ABS8=D\9LNP\V7CP1K3"UNVRDYW;CHYU-C` ML=($0[].<(7M'*K,7K8/PI0_N5$\Y5(]-`2#G(H6IA]5F90`1#O-F$NO`89\ M5C!UKR'D@1!]78S*P(S;3=/4,[Q,"*X](C*A_TBST.\]\=58A+4$872]V]J$ MTAP8DN_N@W`(='J+^(K&V?1BOIBR,T"?9S>S^16B_[>2H(`J,?RI\;6Z=3:^F%[/;?+$,'I6N<+9M3PJ'6S(N M:2.%5R=+0P`,162H5$$'!@_*C&KE/6?#24.UN$MVF$#7B:*2!<,9`T!EGW4] M72`:53[1WNKFE_%B"I-/9UZJ'(PI9(=D4@.NCD9<$"R'ZNB$CHG]!I,LDS#: M9,I+XDKI(0G3@JRC3"$*EC1-?,*!A?Q7&,3Y%81#;U9=S,NJ=;7R3H'N]H`0\Z>P-NL_74Z^_C+[72"QI^GB_''::/'O$'S MN]N;V_'59';U\;B(K>M6.]J`2&EE-]S)@%,R4T#W28IU.Z1]P`/NO17N%!V% M;:*.SE8`\-7DH@5C52:.A+,&^*`'#U6^B/GRW$L?+Z+DV73!3J_B-DVV&7PS M^;5:'DQG;P%2N*52)?U(EH@I(:X%+@7(%[U*6$K$Z\#EF MKVO8/+#:QY#C%;N>CK:6]3I:`4/BWM"%>^GCFU_0Q>7\U^9)RZN/:'Q^._ML M?*$3SK+LM]!Z,SD\66Z0B`K`B"#CX!^;_&04?^">4FQ&(U]ZFRPPJ[$PP@VO M;I/]Q)O#?];M&SQN"K'YF,]AOPDF\CER5'Q>J/HLRA)$RH^QTUR\_:*O-]3T M-VA=?`K=O];N3GC5=S[`:.BTA`CV4CS!^?_.XKOX/HPB'&P3SFMN4-CH.M[Y MM7>GM0]L5@1#_BYH]0\$?,T83#LQ2M+E-^C>8U=C[S,@O5#]OIJB))HB0]TH ME#&J_CL8XDA`Z2X)PJ#!-N9>),3BTJE&?ICN7P%;WF^WA,%0QX10B#/@[I96 MKU5=OXRD!"V_="9)@2*6%)R[Q46$Z8.>GX8%= M%VN/^?@![.T4)G_H)`YJKYC1*9`YF?1N5H<=W?35YKS)+GFO*W M[4@E"96,Y4@E[+"HTM`9EGX2^'K>U13@$TX$JQQH'BC]!)U[LYMXZ;S"TGY7 M5BWF+.&$!F25:4(B`Z7^#?@DRR%BQ="*KI^3#:X/;3L/,O3&8`SZ;!RV&P;J+$';/M_)"^50<9WKYEGP+@ MC)4Z8B1J0^LH^"E#+*$E5T2LW/@+5.P<>[Z<#X.+%V$<9OB2.D([CHQB#]GX MG@/,MX';DP%%$?6PXY*IO=VL$[>S$6@\[NN`;%$V/YC"]JGHP"+`[!$1()2V M'Q7M/*R".M[=;9P[!&UO3;G3.\,W3.G8C(ZQ-RP-',L\CC9B+_;W,(_3&@+` M:PM'+?BML0)]'F>&;IK'7/>L-!D8U^?ZZ*4*<-CXF48XY0Z2'"@S+>GD1^*>5+8*L8U MA$$R3890S[![+_X=4;,YQ;@>#'(Q5TI/+CR?;96\YD/MT+_V7C7+5%::+@G7 MP94Z]2S4P)#0'JM`Q_Q7?D,-+!GMAQD[CU.@#B!W&SB"(6IGR(;)4+6Q56QT MW;^B96D+W+R(>3Z.`_8_;%GXR8M8R^NT6M7-A$LJ]W&N3N8N^F#HW`.T+%_F M[.I\,1W?3-'7DVG^KV_HWQ";%`V42$'NV)@V7D)>:=OZ[$6;#M784G2<>&'- MZ^,F\TBF6ZCI!ETZ@QU?37BMH>E_WLT^CR^G5[??'V=45F\O.+UA6U-E\ M\F76ZOL!:G4::Q>.NP&WK],I_:-5;3J\-;99KR.>SF_')^<[>`LF16 M/H9U[86JW+E-D2$>MJN#D[UJQWX'PQ8)*.4+9/RD;ACS43,4/E0/8&@IT9(: MY%F()D3IV MZO;9^EGU!;3]!+SLCUZV(7B^-+Z`+1-TNE"F!-I8$!.DP%!3":W-LW=OT`2G M/@G7)9/.-BG;5P"RB%5DF?(C#9>BST[."?[?X)3N+U'OLMLI.Y["='&I,8:TTP="Q$]PV M-;]]@R3LA$')ZMKO)$S]*$DWQE>HM!J#9(!20Y'KJO+0Y4NN!"G]-(^Y'4S`8*AEB&QBSY\WMJ'S._>H-)*D[XP M./LQ28+G,(JH<^V+)]:CP8XV7+*VEWMUVG8R`(:W?5"WB5O:X*S=6D&Y&=A# M397+YA&GA:;CS3M;5UI[>B8U,%RUQ]IFZ/=OT&UUPRU?H_8RM@P-@X9%2I:T MS,GB1::51*V&T\[>#+W1MZO%P=#,C%%RH#:=,05?I?1P1-*& M0X4H4"J9`M2/;]`9NS9TR;:H^5N7@.X-L<6$[-40A]I"+FDC!UAG2U,"#$FD ML-KY;!1!L/`KHC;Y/SI M#2KX22?)<698\E/+0V::*8S]S+:<2[9!F0>R/!MA_O(INWR5\%,]./8;,V!# M1.MHP^E5US[N-:[3=3$`AIU]4`LWZK8V^#I&PPKD8&GEO"E\=C4"CM3:$-O- MPG'1VA2&WYV^05INPV#QF9>&Z7S9.I_YFO^WB;VVRBY9V\VA.EOM-,&PM!/< M-CNY,ENN#S^G9\LE<'<4[?@F^VNF#X MUQ&PZGH)Q(/Y"TS;R@;3F)L\Q"&;;MQ@\A3Z.+VD_Q6G=(9\@97C?6MMMUUI M)Y>:_:J5*AAB=L/;YN4ML'<[9JNU%Q+6-N9D$J;K)/6B^?(RB1_XBR7%.R5V MG7`O4TX[Z!V<;73>/>R`X>\.X-MD9DHG7"N_.H*VMF&P^P8_,#`+O$Y(UR5C M2UVGQV2ZN-,X(F.C"(:A7=`*J8ZJ%T(+*Z@R`X.28O=A.VDVZ@W;X5M-H0U* M8"AHB[1-OT(/U12ATHZ]J9?.E^PN8(>A9D-IX!&FQ`'#P+*F`9AJ$I@JGFUW M>8&,)\^3-)LON0>V.V)J!;?[82;@S=TPE3087ADABN=;THSM=W#>H9LD`O)R MJZ*!+'"V(E9>AOW[F;#O]X?TIY]KL_/I7=F#&IY$V3^NZ"-/?\RMP_%\T M"B)P?FX&VYA:%A(HX;%`4C)GYH(,6GBV(VBEC8A M$+:3^S;TM3((GLQ=O!!B;J&[9VKO:QS@$7SFI3@X3U8L6T*>`GY=Y(6?<<3A M$V:;I(6_RGZIAR6W(X3>KC:'"YW-#$[OW;$+I&873!$WA>JV8+!ZZI&8#FS8 M6W/<9;MAK5'+Z>5W.Q<:M^'U*F!8:(=3N"]?:*&O+Y,T_091;<3585"NNIUH M>YY,)3[(/5&K\V1R63"T,@!47T.&LK)]X86$/[E7>X%E%J<9V:RV1WD5SEOJ MNB17)W?J3+-2!$.[+FC;'&2ZB"LW'\6IZ<.@YA5^KEVN(DE,_^GCFH-V4:^[ M&;?O3?=SLOGJ=#<;8&C<$[BX;WMH77CDN@N%IW.@G9WO3$;ZF_.*?6?,+E/4GRIFQSM[,K17'[8 MNMH^"55[5?7LM?C1GOL=K0W#^UXNRSG?R11+L MMR^7Y:SO9`HN^?NX<61K;;61&IUC!,RQ\`G?8']#>"+IZ8L?;0(< M7%#2L,7I3?FP;;ML.HSJ]_:A@0;[>RXHQ1Q@3U\!,RL^F&O*%E M3(IO\@1*29S_!J[GJ2[GEIG;NW4U)O5AVHR=4_*6H->%VWM8X3[6J]F]+V5# MNX[=[R(V6/I9(SZF.]CU-M5\I(AZ6+Z/U3E.6EL:*F1V=%45/2W-`!PH=,6N MOK\-[U4J<8FT?-^E>!BI\<1+1W+W,3GLRGEWY_5+Y_;V`/*^MQ/*57/X3_K4 MEE"E"?>+%:AT3A;APV,FOFBO7I+M:F^@M?1^;BM6T[L9`]@&^GG0;@"%/.4\ MG?A1&^"X7ITBI"V4/\3\[)&`^YX?)4S9D08^$:9=X&:5_ZUC;["?CPS4*O98 M0(JFLH77J[(#W7GFM!Z'ZFG8]91/O"316>O\N!1Q@V<9CA@:PMT`.FS?9"$_6F^ MR5(Z70OR^W33%TS\,.5%9=6R!@8U_.T)UQ5@OHCA"A&<:`"A&'21)$4U6R-4 M.UP")+14X90_2*LHSWX];@^+PW2UO5V7][&=S<%I3CO[T&X+5TE\DC>B/VPRCDCG<]0M+#Y$#G2'H[KSA,TMD>M$V9/?@"_\K- MULF+3;8A^%,8AZO-:L&>@8F*SC*]2$B5].\2TUC0=2UC)]O#M(<]%(>\8>Q@ M&&`?L;LWG=Z``])H,MK\5^7A`%49M83`*Q@788QGM%_JA*GR00'88<`5,J02@H>2]K0-$QAHHC+[DP714Z58J/Z M%QP%+=SBS\XRG4A`54E+:K\-7K4*0,)YEUP",1$8K;[GBQT^Y<8Z`78=K;IA0<=,DV1SGRTWD>B:J@PLE9U2K)-# M#<99:<(A8!>X0G)_G*;H!'FE#;1,"`H**\@KS`"A:(%F'`?\5NC6N2NL>J3; MH#-$S-/"ET4^J0(<^EF@%);C<%9Q"UPD+++;\JN4/$NRFEUR4:<#:0W8QE!: M(@>&0AIP,N9P<1A466*?(YPA9]1[51YG>!5#@L+ MJD/M[KX=H,.;QD'G[NY;NPX/3?G)CX%J@@[:\FW'2\4:3T/@M_=.RS[#1+\) M*PQ`I9U?4N;''/*+RK6C/[+"U\D/T@Z,`S\KQ+)- MO21&*5=`2?TXU'TY&&3'DM>`NN=?,;NL@(/Q$^76`Z8D.'*:SM)T@P.> M6D)13O;J+COCKD[5N6JK"Z;K[0A8N(92J",OUT=^@\4A-X"";=\+B;UWM'FE M&0GO6B-\\.8Y>4\&/S:,,66 MM56+Y?NQ[73;8I_%T=C>V(=A,&U@G]ZH&@N@M$/G7OIX,9F=SV*69C+0DEXA MZ_3=3QW^H4?AW])Q1,I6'WF8Y6_J M27=#K30=+W[8W`?HAEO8EJ"0'KV4KWG0,1=^3#;5VYB3<@3'[IWNY3'"O>[& M\SRPNE?,)7(#[,.+,"6;\%LA,!V+"IDB+<9KF9GW0.=8ZW#H"(D]9W"%,_[7 ME@-F<6?G7"U`5^=>-;*#<\(2H(D:(U3H'9`C[-!0L;DE?RA<*^F4&6JH#5*( M8G#XH,0FG'DOA%$KC[=3)A3L8XNNAM!AISLP6]3N&/@C*D)FE!*M+<>JL$-- M'+)WJJ6@OR:AGP_&JG>AMS\J@ZN]`;<]6%?'FGV:K38<#G:%+"-B6G^1`)V@ MP@X?6%?/?>_QT8)]$-,^/NYD$B9Y+:/I#O:.D."=8F]7RN\S+N]G9OG)([]C M=DRIR&>IF!J)8B[GE2J0]6EE6V9PZAF`"8"Z0X&P3!\'UZ(ZZLUFXB9`MH"M@'] MG6WQ-%0&Y:\$O):>-7FX[!-!FLD%KV.>X"4FM!U5J6XPVYG@J:!J)XZOJ"?Y M^QB*TNENQB4A^SI9)VE7&V"(VQ.X<'DUH6.$6TQ6J#3(\AJA/.<_#"YOTS6U M4C6]-)+*3*A0FBD/A6I.;U89G%K= M<+:I5"EN7\Q$A2JXT"AT`L4L\0S'>!E:]^IMK4$[<;D+VCZ[J3(X_[KA%`\4 M%_UPF*<9S"CG[G,-=(((IA/]E$:X9(F>*J96N2=@T+*Z9D4G<&'ZB`/=J0.5 M\"#7NJ6`I3?=&I)@**>%)QQO*V30`Q,:H1@#>7-,^9":+BF320G$BW?*%$UZ M#3#\LH)I][S="'&=@0Z^C7U_L]I$7H:#"5X3[.?#3OKO"/-10\R.AI(L_"?_ MN])O65WNR[:KPW,_Y_4>XP<&^=9TF7/O[LD2*GU`M<^@H/:=@0BC=$.1+48G M[_A49*\&78>I;=!XVZ`-'M4W#939N!USFDE@;3FHT0#:]TKLVO=+JI#N'UT6UG4.]; M#-5D:668?E87$';PP=R9>C4U>#6MZ$[U&O!"NB5>=7L$-!W3^,*>H^.OT4W" MU(]T&_5=C0S4#W1PT)*>$@L0^PM[V+)EA`PC;H6]BU3:`;52.HL#O%1[FU\R M#>.'\HUKY?I*5S-NE['Z.=EP(7'W() M3GT2KNL;5ZV"W8=AETUC?P51;R2[6P73%^S-%6%;CSV$F2Q1;@.5MD>HLE[^ M5+,%NOFLO)"E6>EX:_I;]MJI9-5&AF\6)@?-34!E`3C=#;#;U+Z+ M-RG+MYC3=_SDA1&<)2SF85JZJ%],D(NZYJ$*;)MM;3E0G%*`DP\D)AL\*MG# ME.$0I]TT9G&&:7%E"R_#X^RZ?,&D0^-26A@ZW!E<,\4ZA3HH4G;#+.XSYM*( MB<.@:)E#G([9%^S-!-FK)ZURT*LX?1+#`GSC&0R-/,0'6RSPMBDVKS_0`NRU M/IZ(^]ZC'3W+Z4WG=GSC,T_//=YDCPD)_XF#NSC`A">XG_,!+#NEG$Y?,/'# M%+-T.7C!MBJ*O[!10BZ7MMX,::BH,BT,"\EIIE4`A=_,)3P<'HAM'4!YV,42 MGO@B3ZH/**RMR+%$Y/C9X_P>P^L"R_SS*0\D\+MHQ<7 MA7:1D"4.LPVM@E;Y?61Q>4)[\>K(G*Y:`8!S'FH`^*P(.H,C`S.B!54P;B^8/$IC%E>O7UW#IT_?Q1CDYZ%NI?11\=O'__XHI_#PF/.5`,M MJ0H*RX4W0I5&:)6K_5&:>9X^<[`Z*C__937S9J&Z;>;YM_]`S;SAL'TSS]6^ MP&;.4@'X+!='^!0&F([;J;\N*D?^W:-MV+IB/%B+EGWTRVS*&D^%1!>%")#3 M*@V4#@*-OOMJ"/7@[EG[]RV[0.I>%U)J5+%IZ/FVO(_0+ MG;'_<=JYNTFV`<"7ULX=3;2U7_]#M7/M9+O6SB^*=GZ9/!\H#7,)\#)<8OJ5 M5IG(19PE6%:`J[(IMWX?G$(:4.U*+J501,5<53#K+DR0 M)==0&6KY"^BNYV5TSV'4S5WSF*SM=43'OI8U4?`;IS=0`7Q?96 MR8WR#:ACGP:+!:#;ICM\\>N_?J1MTZ9(#]1B=9_^HMNQA>/:UOVE;#$7)5/; M1C]HARKYSC$U6F4Q[;-Y"A\!>\KU`$X>W3'X_93!`+VJ]=>/M(&Z[E4M/_V% M-^8>_>J7?CJ]*"1^7C:=Q?G=L@/51/LCQ]1VY06TSR;:_,+@2SD'=:O=RKB0 M_NCU$;0EXWGU9EG,XHR$<1KZP]SLT(,YBK:YEP)WG2M7=J<]##EMEKT=;32ISE;@-(>^T!6+ M,X/=+8)Q`\MMP.UT-PS<(Q_`RD5):'C1N6_!725%"0DE6"LQ]HS9RSHDW*@J M$[Y;"$P`XBG#PELL>_41-#(7-8BC'J0,L M?.Z(Z2BBP3Z+?Y\K,#L!.OYXL<=2,`80RW$#8/8.M-L&]>KU09PTW:<^?NI` MW0?ZLFEFY?J7K=>NVZFPB>/MIDJ"N]@S;3UO2^SF`^<1_OPK4V?_&=44P`2VS%Y"GT*IWA4/0ZJO]3>,!EG MLAMQ=[10;I-IFH6K^C)\:[C*[M4H,\VZ^KK3B.^V2!MMUQ!GQ_&SC18B90%__#7LD_>9(.XHCN&#A=@G@D)U*5X^-M&R. M6(#T.ZP$[LV%=-]YQWC\\$#P`VW2S6,[YA3^PT(:/NVYV\(W9P=U@P=6V!BV M$"1/<^3RB"O41Z_PKF3V*;JB@*[8RV,I#9GY*'V^S)W;=T69OG84(<"NR/;2 MNO6?`GOYXV"N"G/*)#[YS,6_G.M?OW9U*JSYX%`W>NN`.?("Q^-H7!^J(XBH:[6Q$?[L8GK`=]#MG$=W+_:*Z)'6S\\KD8O!SFKG;GSQ]%H^]9 MJ&Y&YPD.J3"_VQ&O/`4W`]F"^QH0\Y&=#D/_\-T M]<5=C`%[>PF"+R,.*(O6Z?7D/U2WK_*YW-/S2!@?[+`9E]`!RQ_"X]X2A7@0[H*NZ':`CO'1XW#N34/DW2"$8F`ES M8I3F&91TA5F).!]5M,`)7"]^A]7C-D&U2<'OYZ!<9+0]JIHL4?Y+SC5@3P!X M$:9QF.'C1VHICSD\52DHQ9T2R`"Z02:%+!QBZ0%:DLQX'OJ`U4&#\2J).;"< MVH8SLCIYQS>J+#;;K-`*:3>X4M[NRP8/[\94S;5S;QUF7I0C7>`4DR<,XD(\4V<-7 M<:IBL:VR2^IV'<-8@OHLUK"]A)()`B^/*C@\YM=<@(4`E($CI&J&8+Y1^`$1]V72=O'M"H MSF$J4T\<['/'=(W/5&C[W+-1?0M,.SZP@^T6RT,`8F+HL[>)\C7/?()8=.@A MK!8Z72ZQGX5/>!;[R0K?>B_L!7063V(_C,*\M+(+'&!"I\N9EVTHD->&L"J" M[L.RT[YV?T71Z$!W-PNF->W/%W$UMQ!&!#]L(H^@96Z%-ABFC>YQC)=AA@BU M<3Q-A[F%QW%P26%$E9SR&OIN)J$U%I/S75N)RMY1-0^#$[)V@-X&@7?>.Q1?W0@TWHL.=F7Y MUL)1<5J`+9T[P&#J?(W9,;6AH, MLXP0A0-9='!0*2&FA1IJT`B&Z<0[S;==/X5QN-JLBEEX.MG0YG3[G/`LB\;B ML;8S#!T[NBEGJ:41@.3MAKS-:48B&+PMS@T8_:'?Q#K>]K#C]*!(7S<;!T6Z M&@'#V[[();S]X:AX>T&+<0^TK9D!R%K!R1ZDK6P<&V?;P"64_?&X*$M'W?N@ M[-8,1,JVG>Q#V=+&T5&V!5Q"V9]@4-9RO+/;:`GD"':'<2L8.G;#*]SYX^*H MD$<+*NU%;+-^%69<=5>*AO[ZF1/O](?WIYQVL_/K7W_C8/,=Q=`O8+8IB0M8G`3HGPZA^A4N&059\?1AX3[-F20*/AE@Y&Z$UB*,4! M4<2$T8(L(U2<+V=68/1K$[Q.TC#+'^101,^6C,L^2@JOWA,U!`9GBPZ5L/V' M_0T)LU=4",/@PRV.O3B;K=8D>>*':%2DD`FZ9(8::)T>HA08CBBA"9L'7!#5 M)6%PA8?%<1SD`R+]Q1.%K$O&:.'622,5!,,;'3KA%3PJ`^N"R"0DV,_XV=;Y MDKL2%+[@X)HD=)R>OEMQVF?U<['1JW4S`8:;_7"W65O]CKB) M?1%8,=0^3^)T$[')X?B!X/S@:#[IB2I5=,)OT>WURHV26O?$N\#"F<#VCPYIT@)4(T/Q"Y0J;$1*G9^MA@C M)N`X'P!'-UZO/8*C3[C]"*OXZV]!XCLK3OHMGOI%&;1DT-I%6\@,4:[G['?V M$B/#OPC3W\$#L*,_VN39LD*D^LD"OW76_R2G=&6^+LLJ'4T`:N&>N,76D@A MC2J+_`81UP56MS>;]3H*,6F(I#O4M)7!HZGW+MX(BPR%+FHH#TJ#]2MA:?<^ M>>3W5!%!94+0JDN)4!R#%**(RPY3Z&DV7[(D/.GX/N4OW4K*7)"!5N0J@&*) MI_P4/9<=HKR+%;UT'L_B)^I30EZ%\I;(P"IO-4#QW4F?L(G:VP#G_V!'M7UV M,I$-O)_X6Y2T.OQ\3YA?DE\7FVYHY05V&ENM$P(_;_%]U#VZ&4H3!&F M,T"_N$%_CQ&=9.+PB?[?YS![I,I)C-$K]@BBRMDC1G%"5EZ$DNJLI/_J1WB$ MPB6*DO@!DS=#L&):.,$>F/Z%!@2!$FT!6'Q0H!,F[V55,;D1C7DO;--TZ/*^ M3)ZUQ4U_AUO:6W"FPLYWJ(9Y[[K53T/I**I)AEA=6UY< MKRU4*`]1:\6U_R*=I'00$QDB&)EE*BMJTYM+6`V`W0P5:U\J6W MX!^;-#_US-)QLSW9.+AY#-=K]L_MC](ZM=:&5[%=H3H2D`*0@T0YN>"7)9@+6L!2JOP5:$'K9F[FZVT^Q9 M?)>J9K<*.5@UH@(? MNMSUBW!*2;BU8+/Q$O<5BJP*H;:[S" M^\)5\JI*$Q6JB.JB7'F(6KOP6"JC+%1NX+0%8-6(`IUPC;,2&Z*,^]^2!%76 M&H3M\LX/;Y>RJ!`>K.SW=B417GV8L,IKIG87$40M'>H,.ZCZL@=L=9:]TTGV MPU6<^50YL$IHP@)SNKQZ*8@/!EW#$G$N-4"$W M4"%_\OS',,;DE;T.75XY^DB25'J35"T-J/@M0+;KHE+A:T^5T@AQM8&JAG=0 MCTD4U"^]*JM&+0VH:BQ`2KMIIM*X^SMLS8Q]&ELW_#FC"5X3[)<94-<1YI.B M.!BO$I*%_^1_+R_]75/'LCHII4%M3[8=OZ^IC8?[=DD(I=L/H/H71JCZ!F_8 M]:^,4/D=^B_VI5&S[0_:Z5U105._MY4!U,"5T%2]WU9TT`)7%S.XPC44Z5"= M5>C=%PL+FA&;*`6H>#7@A$YI*SKT`*X&Q5#B,(O:IHP'*EK^`"X;>F"2LGXA M8R^]1!NVK'S-.A+V%DQ&POM-QHXLW"8LEB5Q1LU'+*<_._V)4VD[V(]E0!6Z M9X>D;Z$7YO^$\@^,4/4)5'P#U3]2/#19^PPJOS-\4V5[YT*1&=JO5`<0!ZRA M:EIZ-0;+7%_,++W@\PHZ-%R&TI9;^QE0TA)&F_)I^[K?'>I:90)^;1N1[UC?A?W!XFA^K7M27.^>Q6/?3S9Q MEB[X16PVY)0'5[,>H+KM!%=U!QY]7:I_PPZBE1;0U@282BRO]2NFSUH%T-4F MPVE97S758TH<,?R"MQ%:NP(DLF!:QC7!:R\,)GB)"<%!>:$L#OBE,?6R:3]+ MH-M2)P')'%\H+J_PMFY MESY2*CZ%`0[.7N]25@AL*)GRPY6,G\K^V5X;4&WW`"U[0);90*41=/^*OF9V M:'?\#:I,H:VMH?8?_4<<;%BP*@<)5TF&T\O$B]D."^6K%[,+D]MIM311Z![, M`6+`/KP0MA<+FRRPEU;9T92,;>]SR[R?KFS7%C+0WV_Y_["/(/Z5_QZ<+3?X M@8TF%G1R23*^O;IDN0#9#NG9:_&C)5,ZF0+)DGX>Z!A2**'*)*K9'+%H4DH` MY$8Q;OG5(X2./U_+"<;K;8?P86<#)!LZ0M?1H,Q04=JJ)FNO$.M]ZI&84I6- MB?C:.M\\H?&R6%3O4OV=3(%D03\/=&0H+;)!8KYY4>Q/\8ZCL`N1%]6Z8W&* MK0L1]+H@:]X2LJZJ*Q/5R3\X]:I:1(0A^G-TDSCZ%9&E`[LP"I>FN`*^7IFPHUQ/2&NZ5EW*TI>G#ZF^'*34]; M@.IU9QK'IW- MD^[9^XCUR_OYT:_Q)GM,"'LFXRX.Z#2-G2;/$P>SL5N9\!FSE'%X05W%M93. M18+AUC&UALH[Z4!I0#R`&`:B&(2!&OO\"4?52/4P*H\*;I&A#8.&.#:4?Y0/ M^--1F?<;\U2#=%S'$([JV<`+>2HJ'$YLZ@[99,[:=3-FK?LASZ/QNA4ITIB, MGST2B(G2\\.6RG:PSX\`Z@4/YYLM8U'M8WRQN"97?!#Q+XZV9*Q]=52T5QTS$SVSO&0?/^@_U0 M8^=/0>/N`3T\)%>K;X^$*PG'%G;+R[AI1G@ZJ)2?,;U]].)V.<_BC(1Q&OHL M1>-^`W!?$-#H/(CO!R!ZC@G50!5'CS,*2]H,*FR(@QNQ5"IT[K_=[CJV=D%] MR_T4ZN'W*`DF/BUT@X*LF(FHL@!@TQ;'G< MEO"__J=+^B_ZY_)/]+\8#/J7_P=02P,$%`````@`W&T,1]JK$ZJ'+0``"?X" M`!4`'`!I8W!W+3(P,34P-C,P7W!R92YX;6Q55`D``X^&RU6/ALM5=7@+``$$ M)0X```0Y`0``[7UM<^.VDN[WK=K_P#M;6Y6M.O*,YR69R9[<+=D>)=KUV%[; MD]SS*463D,PS%*$#DK)]?OT%0%*B2.*-(M6@1OF0.#8:[.ZG\=9H=/_UOYX7 MH;-")`YP],NKTY,WKQP4>=@/HODOK[[>C<9WY]/I*R=.W,AW0QRA7UY%^-5_ M_=]__1>'_O/7_S,:.9,`A?[/S@7V1M-HAO_3N7(7Z&?G5Q0AXB:8_*?SNQNF M[#=X$H2(..=XL0Q1@N@?L@__[+P_^>@ZHY%&M[^CR,?DZ^UTW>UCDBQ_?OWZ MZ>GI),(K]PF3;_&)A_6ZN\,I\="ZKS4;9OW`3 M^J>W;TX__/O;BSG+ZA_V3D M?PV#Z-O/[%\/;HPZ5\#2?L2)W'P<\S9 MN\2>FW#34G[&$;9@_S8_]5H7RN08)#=(MF#OLO-9'U M5QF>K]DO7U-@T@6*DG'D?XZ2('EA*)$%9Y(RSGMY)&CVRZO`6SZ-&.AO?GSW MAGWJWW1HDYSZR6;6*C2E2J24W7'T;D;/TY"_&3$4(UH-WXN4.R1 M8,DDO)Z=I7$0H5C)CY1H-W[&GH=3.DRB^0T.`R]`2F;$%+MQ,HU65..8O*@8 MJ#7<[;LW!%.;2U[8?/&/-%@RW%4LR&AVX^:>N#Z=D>GB2/N^H688J:<8&4TG MUD&GBA?W(42T>_H;DB+_\_,21;&VL:@[V'5&C+Y=LE%!QRM!?J`$4$BP&Q_, M&)(7BD<4NY[6W">FV'4T>7B![MUG-48-37?[-MTY+H*$SY\4\'/,)PNZ7]68 M7#1(NY[OVL][WSLAXS@N;=S]!Z[*@INY^M]3A34_8\ M>DRJZ#J;277'@("@MUE5CR_M#GK8X5Z@Q`W"^,HE;'>_0JUV MO*).NIYW1X75WR(/!2NFF_S3YG.QNJ_.N;]%=`Y.T440>R&.4X+B]MPK^^J< M>SIE^ZF7W*(D)5$\#NG1BQU9F^4&8LI')IAH<\=_O`%7;3W0MJ^GDI=]#1WNS MT?HG366K*3OBS%1U2L+N=Y*CIE]JZK%M?]U+8:IHDSZZWR./FGZIJ?.V_74O MA:G.3?KH>?<_4K8PF[8[_%+'GB!3D+0[Z/JL,_J#?2%*QO1_5_1OF@`8=]0Y MWQ,W(/S&['IVEV#OVS7?MNL:4.L..Y>C]*W=,5!WUB?_\76:\,M@N@WYU+=X6CT0K%"?*[,3*M_KJ6PG0RTN^A,Q_'J/2S]FY2A[HS#LWWE$K2 MWCPS(\G?-+7;3>^]26B*1HNN9+POZ?&/]L6G(+IL?]LB0<]TC^4CO^B(R=(R MVH#^FM&^R?XY=49.057^D%ILA"[_`1&G'E.$_9;R. M'^*$T'FBZ"AT'U#(N_^3T>J1OF[#;*Y2'A`2(^]DCE>O?12\IOR_9S\P0=Z/ MWISFX2#_1G_U9\;#+9H'[--1PD)P&CBG39M;5ADM6\*8>`XF/B(4L:)/EWA; M^-I%A4&NJ"<*I?2@(I(:`H9#CGG;;K/WM%II*?VN3TIMDA-3U#2(!IA+X+&Q0 MKO1*4TWMO[-1^XU20\`PIMSXC*-)Z,Z;U5]IHJGV]S:IO5%*"'6?IX2).`EB MSPW_AEPB-7QQ:TT0/M@$@DIVN(7W#Q2&_Q/AI^@.N3&.D#^-XQ01V0(L)-%$ MYD>;D-'2`AP\O^,PI1HD+SP>/I;!4FNJ"<=/]L$AD!IP>YJ-WUNTQ(2=%;,@ M?>DN54"A" M),1NTZE_S?56,^TSFWW:;Q`7<&+*(A"8]S@+0R@YQJ73DY1.%QT;C]0:"H$\ M\V5;P.P,-*&_$RPBDN:ZX%AY]!:*#X\)VY9K(U)JK(N'E8=Q@>@-:/SU=4VZ M2_J+SAWAS6_5MCS?;YV1LWX>17_.29R,QOGA:^2F?I`@_S]:>;W+IC1SXP<. M2QJ/YJZ[9/;TX34*D[CX#?>/EPPK__6?:P:O9Y,@HOP%U.YQ'"B.,XIKI6"U)M!^4Q-]+K]G`12-+]O+4K&OD.71>46G,P1[IY#>%R)&!U-;Q)B??HEA[5-HP1*168>[_-&-&0WPZD;@A:ND$1[DJGXNOD$9%,5C%2:+T%;]`Z93K#ZS(35\@:YRO!B1OREL`S9/88Y29T,V]*\2+E5X)C MC8.N+CW8M8,)PF;*L&/`?7&IX!$B+S5^Q:#):."N*-J!@+4EVW'`KA!YP#&" M'[*3E$1!DK)'F?XD>&8_Q0K`)21PEQY=X*W4A1V#]!+1O?$C#OWI8DGP*DMP MIW9!J19\+>GM6/7I%,3N MV.**V:TP/*H-.=-'KV>VDZ6\R MT(L=@.JCUAX:&WQ/4OT/(-G>ZGO?F/=HZ@.!3$2CYH.CGPB$-VE$,D MSE[,JUV&^CUHW_5;B+JIGNR8227'HNI8K)K+74QZLU=8HR*2%H[L!C[/C]-TG.E&_C3Z-Q= M!LFF)E13&*F`0!>9'ETDAL@H9+<#H%N6&2U"?I$1>^NZ<19XLDV@#JUV<+PU ML.EKQ`X$ZP).(R],?9XDG'`])PD)'M*$'43N,?.RXBBA&@QYGLT$44B,EK1V M_>M:@JV>DV[U//3-D4J9[?VC^I;2F\NF1[]H+_B#O.)M+O*X]:3WG>))[U87 MQV>]_>W"BEHD$TPNT]RP'^;6*@A+V!?WD>`>(VZO.#NA+AW>Z M%EX3K@J?G^.+TD1:W@LQ,?3CY!W`-5".=6AF68K&:?*(2?#/S<9*BF*="/I! MGYY`4Z-0*AZ M2^"CG4+_-8=NLZ!V3&IW;HCBG$7I`X=:0^BCF5"O6,YW-]H75#$YQS&=2ODW M%45+&EM"GX4T+5O(OTV6G3'X*\9^?(=#Z8:JTA"T$(),K]4%N%%`.[3/WQ;> M$#R3W>!M-8(^;)C-Z@WR#?U.)=_G1/.B?J5Z:9:00)]&S.!4RF[)J$(1Y3/D M);T70<2K+;&"8CG7DI&F(H0^B*@!P&8"V03;'>*7L)39+R[YADIB2O9;$AKH M-$NF8*GEMP,GYJ"G/+"LDA=TQQAB_KI9"96"##K]DBE:6EJP`["[QV"YI)+] MYD9^;F'WK*8HJR;!]H9FF*!2AJD+^D.P)/[&,V$;95 MU;"`5DR M2+`BJI,0/PD>2'R0/I!@Q`ZGMN2!1.E5RUHPHW?T#52PYTG&T`W!JX#">O;R M-68/3M?WTF,O"5::667;]&7/2WHAFO7#:4N-V;'^]^I!Z,V!L(/6S7P+`UV@ MQ_[?T^P&CN>:IZJ:4L..[_$M\NC_![P:\D;P>]S9J.__R]`O5SJSO7V!9,=$ M0P4AK%[8!RA&(8MBW M6T$_W`%"MTE5=H"X4<@$$[TX6@D)]$,>('B52K0#ZW66H6/)1B(WR6A"PJU_N@RM-*%;);Q]!/I3H["':D8EOM MI9Y0TL0HFJC!GUMUA9C*#L2J.X0`^:JTQ79(6DQ$06;#BZ^]F$:#LB!M0O#0 MJ"@D>[WFMREA-FO:V-*&=UU=HBD4%![`O@;U#4%+-_"+FK1%\.56/5J3T:[7 MGPUOTO8R#9BH]Q#-2Z?\7)OMAKP_N$=V0!L0'?4._]I,?T??Q;4WY+N^?5QX MVW4N$?"=O57L)K1!VA?<(\'.L=;0F1V84\8]A'S^!J?!XT)G,PV?EE$G<,\) M=X<,MQ?[4/87C4+[*=,94FU5=6CAGBSNQ3P:-35\JY`47\AN:ZK[)K&1M.@* M[N5CUS;36H_#-R%]'7:QZX!\;+F/W497=G%O1W8D@>!YFOQ.MJ;2OL#?@W9G M+!HZLV]KRDI0L")<5/I-I0.]C8:`%/PMZ0[PB/<94CW9!^ME$"'VX(%.2K(' M\Q(2\'>GO<#8J!<[X&.L%9Q-7(\YN%ZRK4G@W;@O\H.B%C'X:]7.(#70E1W@ MZDO>Q?)JP3O67I=5N[!E3(\CG_V'N256]$0:F9_.S'H!?\3:`M\V>K(9X3$U M5T)>J&7RR2!/S'MPQC^?*MO#KWYZ_HR M!R9<)P;Q.;+`NW*7+IG:6QNPL+4BE\*,S'Y]L39T#IK8L#7G35)--[_ M2V@@=XC!/`IF@<$]='"Y=\8^'W-W0G&R7-.\#3-]41^.'$V5#S,5C0`SX)Q]A_"D)6 M_[0:M&6RIAEV`^MY$K"GM=AI$`./PU:(UGU5NDJ"/XK57Z_4ZNMMC`ZTG&5ES(Z(8:AS4I$61:H0INM2='Q?NVTJ\V@)VG MA(T"C=':]7>@%UBU#513#_6B:,`1?^9&WRX;XXNV1OC;Z@C_Z<1AI`ZGY9EF M,VK(_&@/B,`T MX].4$,M$(Z#NQ_5%8/.8>5\=,Y^8`Y(1.1F5!;>W9CY("9$-5]&&QS(9%;@/ M4HF/Z%K:SL'"HO.#++L:"T3BQ>_F*!)>A9U^J-U4OSEQ2KWPP]9V/X"Q9V+I M3`:883>0P78ZG&H,0M-^@(=E*YRKL7BM5`?O,2E=`DHOL4]K,2;-E]C.#\5/ MD,4Z#N@^FQ44HF?<"GO8Y3H*%F\B>"E7;0=>M,(:D65`[0!"\8]$>/'KDX-4DC$>1B5KL M0+)4H$(;/AD->(T(4\S4"K`#J'7@BS9,8@KP2@^F(*F$MP,B8:2$-F3Z/8"7 M;#"%T%0Y=D!ZBZCAI8CEI9]'`5/N'2*KP$/Q)?U7%%/Y)TBV#='N`+PL@_G$ M::0:._"<+I9N0/@#+D(/SDLR[@]+L M@/T.S1G[MVC)ROL8']V:"#67A@\+'L MA?'UC$7%F2VC6W3@=0>Z6#X;-&$':N>T+^K\571A!VHC?T5/1H%;,O,#$U_D"D)P3/E&^.FJ0L[ M@+M[#)9+EIJ-]]:&FEF5S0%Y6_.<41/HDGV./DV MB+]E8:7\IS1.\`(1-52LIS8=@6>LK8A0X/&L$@$B6TTT9DV%G)K=@B>9 M[PQ8(SW:,N-2#9VY,?+/\8(]^\BR%RSSE`93+DBP0LS-F$LBFWY;=`:>1+[% M7-Q:9W:`_MDE$167)'K)-C;&@W.U3O$?DI M*\E3/.]D[VKB2TPW5W2WM<[EO`D\T7$4[-+IT*)(.]#@$LA;I10O:4KY4\\ M>\G_:&1"AAT.+IAU1]4=DNWD5<'^<`EQH^2E>$?^8S88,5ND->2GB:BL_/ M7IC2#2VK.,.\3FF19K2J+[/-3V??&ER<!50]0#^\MLT^Z2IYR&S6,I&J'XN2QN&Z_>7U'*7EP?V#-?. M$U@>RG!M2GDI&:YO]1-?VC!4?SLM<3G9T2\(.9JT#4H8+Z@;^_TC-$*\"PQY/7`Y-GE!:II M/:VUZ!3Z.LYP/FNM-CMR*,M.(K7LXY5,RC8<00XJI7(IE&`V0\QZT)K56S?A M+U@CCQYS.?HM0C%:]`I^,6>:DKD+)0[4^R])())7H,WFE\B-V[C4]RI^P/(%=VIH@&7^<8* MY1&S8W-D$]3SPPHKES@]YE\ZZS^/S@8X*E>35M[EE249NI9UJ M"-8,LY>1:![65A&CG&')!A3H,$13^J,D=TI36SO0:+8E$0(E]LMO*2&?)M(Y M.$$\R5SU%O?LY8O[=TS.0S>.Q\^!!!ZC3@:$FY%<)8>QG7AN&+YR%^@"+]P@ M:H5IGT=<8:6M]JS7TM4''JF_0Q![T?X.XNU<;@4I[:&]YQQ@T:J,G M%"B_B$1<4VZH.0,I:*`=SQV@H:65_2*B,T3T2*%3U?>'SSX'SCE>OA`6J/%% M.5Z:FT*GF^\`!ID.>E)['D7]&]I(5M'V5@M@+YKXS%M68X-,\`&S)7_#J(@6 MW&0'R%U5S4XOW1)JHTTL[:;GM1OLZ/SJ4I02=K\2'$L.]T*"H>6\4$AN1]S` M.`SQDQMY:(+)!4X?DED:UAF7H*5)#WU"-$?/2#&6@)GS-XY\GEYEP^<54L\< M(C+H$V;K@2=5@UTK7)[:>K-JQ=(53C<-U,C).RZUCH\KW/%ZYWB]<[S>Z16% M7Q&>$W?Y&'AN*+_,D9`,$9.Z%'9GB M?@A>"4_JC&IN;?T]BI1[&SU.>6;4O'C:VMO)LSGX?T_C+/9:ZH6J9?$3>J'R MCSGYU_[B;+Z7I2_9?/'HG>HID^'E=')]2TV)K"0^JN;6T(M'^^+R#4*W?A.T M1"3`/IT*2`*?K+62V#A/P%(\:A`#K*(;G+-?3Q%VK(0"7@E"=#N9)3/W"'N# MS=3+W,D$ZF7T_1S[0F\R&+521 MAOD2Q^M4S-(-4RVIJG##5'3M_,`Z_P^'=N_P_H_;HZ[K*R79J^)+:5!*I=G0 M0E$:I6P]%!-$;,A7SYZ(YAEG^-"(2XD[Q$C*J0:WT]51PF'L>/]`+-(3^>,5 M(NX<7:7,TY'G(8JG<9PBGQ=J$$.OW\/@=L&FRK%CA_25FBD5*WA@936*)4^, MGZ#YX/:U4K'M\A)5*TVP0A6CHE)%/O=P&Y/M>][5LE.K]SWK#<]?'/[-B_R; M3O;1[&]'9]$^!F1>]L9P7*ZIAK97TM&!'=/GCE5CQ@NF&(F-=M/]X+94G:K5 MJNE<*V?(NUK2<5&-T6.^D&-`Z3&@5'0_:`<:0P\H/<>11QDC7&VW0?SM[.4, M1=XC>V\I#_-14PX((;4P=D29UODLN%3%_Z@I[8!+UR"5`%;%LR("]3R-$[Q` MI,:N*N912:BY#?RIOX1R>I99Q4U/(78<".[2Y3(,6J"G)(0.7FV)GJ9"[$#O MW(T?)Q?3\VG$]MV^ZG@F:#Z42"FIM)8`@N/D>L;#N,:1?X?(*O!0?(<;G_ZO M#55,`WT2UL=&*7C'B75!,O\'RR4]I/SF1GZ8I7KG97E867F."%.";,NO20]] ME:`?NFBDD`,P@"Q4DPSI^#J\O=N$&'+[A5*^&\; M%,Q(I!30X2]Z&50TA.Y1W>S$)2)NL7]YE52J"2\#M``Z^M6;?:)V)P=#O1GZ6FL)D^3@V0 MWJ+2!=(&WX9:>CMPNLB/U:4J7W3ZYW7*2E62KZ@\*6$:$F-GWI,NGO!NB[9: ML@/C346K2C6KY^V2-WF*##'$QAWI(@SOP6BIHYYVM9NRM\43UO'<#>C,3_G) MLM<*-JXZA+J@`+L[]'5@QRBKS1'Y%NT,16@6F$R<54)=P`!=)[JB"`';7S7+ M_.'8:/V3-*KX;35.[1TK:YE3TO_=_&Q#E/!&)J,"EQ(B&YXVLB3>\2/R%0YT M47OPHI1*3$2/&QL%MV'PZ,5XUDK";HT=NR([#W/DK-?0_(FLSNAIH!GN"!(J M`'`4W1"\1"1Y876__Y$&2[:PCII^*5V8:G58WY\X12<\W+ M)<$KO@(H(9,20<=,M<=,0Q=V@"8445%!2D4WE!!Y/?GMP&KL>>DB#:ED_@6B M"O6R2QKZ2_J#OM?,+O_TP;K)RG..[(ZTW`IX;6WK M&VL2M>,G+OL:@9MRQ%3^O+3KJ.F74A]VK8;JAQ-GTPD?CWDW]&^"/]C@PV;W MHMH<__+6VV@IM( M`W;X@_(]H`J<2C-H1W@WR#3*;@["N]-.=7:L[E,Z_&=B_K,4TT$T+_0D M!MZ\)^B5O0OLV^K/#O3+FY'K695YR<6W@@YZV>X"63W=P"=3CV_<%^9`8S?O MK!P=\O-G=/%(V4)ZWU*KI?KC.NEZ[.1=9J52LTZ=HE?:5*^=#;H4O:@]]9:K&I!Z6(A'(YU*T`2A6_1`-[\Z M*,D)H1?25GCIZ,(.X"[0$L=!4N1N>%$")B2`7A?-@5+(;@=`S559==*0J"FA M_;_FD.EJPP[L\IF@E!@E-S$JL`Z"NO3063M;SY&:FK$&S>8=YR[XMNP1/!Q^ MUUV,L?9:NQ<3G+@AD'/QS(V^,>]J?#W+$ICI>19KA8M_.G%85P[OR\$S)^O- M,K_B!7I(3!R(HO:0#U>H@@NL)J['MP6W:(7#51#-LU^?XVB%2,Q2(N%[1!:7 MV(TN4.R18"F_(.JB;^##BQSAZL.7SG1IQ_S?+`^[F*;RG&%"\!,3S%W2OR4O MIG8@[@?Z!-0!Z"HEV0/P>J96'H2:6T.?@HS!$@EL#R15@"=NNQU0/+"JUQ0D6A'\2@_R(WI_Z[HWV0^ MV_>ULL8?3YRL2Z?<)_U#WJM3=&N%,S9C5;TKJK8#''VY'MDN_Y85/&^J=M]0 M]UU*!;R#:4:A6MY=0^[6YY$E'Y%WB4L2^-@67D+WP8V1SS(!(#J(&`Y9M>]Q MFCQB$OP3^5_IX"9W"?:^7?-]&7ON$W]^1L0+8L12I:-;YNG,?\..=UF[^`_$ MU(?\,=WEN>L&&8DD^3$L5]#[+2T3M0&X`QH"9U5-CMD,,$=9RI--DQOWA3]O M>W*)G^&TR4(>\RS(]X]NE"MQ@LD,\70-57W^RJ:7"[I`KV,H%(/!`OZ@=[;Z MP$"9=FTA^Y^%?_S+?P^>>>%G`G1R3Q&-]>6S&+'A;S$E8&1]G8Q8OU2WN,@ M`#Q5KB?BZUE)8]*(H/>GVJ=+UKO#NV>>>/X!)__"\:"YYSW8&NEQ'*>+#`1> M)(8@5':$?`DB5B&FAUV6,0?#.5[L$1`[=DK]2YT5*H(TPX*#P][.MP3D`,V0 M!:1Z+*-5L`I\NIXRJ?=D?\V?'L3!86\0'+#%_8Y#V@V_`-S[U*?@83CG@KV" M\OT8XUZW@PH>H&.YK#'&;K>$@H)BQ;IW#MLY(E7N MP+UQRHBJ;:FG44*"*`X\L'`X.3]V.X"`E6.5P3+WQ32.4^1?I)3+><9R%D]3 M#@*JRFV MI$A6YN5Y&1#>J:RHPEZYT#3T3\,T]!V`&?A\71_(VV(6.Q*8@_6.;&F[UX=I MM5UB=QAF#.F+-(B'/QWVA4ZCZ$>'^-#AI?:\@+'O&VHN;0T>WF5E<.415I8*>@G[K04@ZFF]H#AT5L[/FA2JPV4_1 M\DGY)7Y")/LI6`22W6B_7QU*[;M]Z/X`K>SK<@E@9;6O0J$,&8F4+[-9C8, MIRM\6/*.!M5M$"BD%2&R"CS*7%ZU,O+7OREE(!\G3>_5OL9LE_`Y3H)%^<:X MXJMC[X5DN7#VQ0#TYDK?XO8+B25V>'R0L:=@XKW-?.T?94#;82WK5%WH!^.@ MF_%\3GCMWNTH0:VL<[!<00<;FUDL,'AV/8>]PM%HA6(Z]+0S?KW7OCEBG?_. M.S^F^P*=>W*]7[&R$0R.;*-Y/_9XO5KT]QC7F`-K7`[R!:`;$(D?/'J2&W][*^8%V[EAE MHE8_X.W[.2#LU-G`Q'?^MEP(R\#ML>7[I]XGTH[X&L9#=RO`L\B0#\#M:O`P MR(*'[?W(WXEG:MC/V0[`\VI@R0-]N;Z+9GJR<;A;RORV\(I5)4N"U69YV+J7 M_*!Y+UE3AV?K$%IOA;H<'RRMC\4>,"O_%5:JZ+V3VH^V:A30INF!YQ]=>W6@Z+R*ATG6E&?1%3(-]5#3=*)<= MQ\J\B(Q2Y=O-H&\,-%3>))<=*L_.@5G^/L5Q9MUJ4.^G*K)9HG4W+"J*\H#> M&T0XLQ($A!30$3?Z<"B$M@,:>BI=X(ASF=F/5K2QG`HZP$0;(AWAAW^=7I+R MW%T&B1MFPMY25,@*^1-,)BESU+*IPXUD3R!:=`6]0VAC#&9JLF,@CT/>.?*; M/4ZL-E,42Z#5I8?>?FCC::80.T#\O%B&^`6A[#D7:N9\[?CC?L+X'E-3+?_] M',?)%4[^AI);Y.%YQ)ZS2MQ*_7T2.G!`VU1Z5_N!6U=VH4>^ M^8".$H"W0RE`=ACGKE=^VV$ZZZA(V;OBWKX(?<'?_W,X3:4#/G6;1AY>H'OW M&<6CTL_2AVT_5B^0/ITX&:W#B>EOMO[7AE=L:]DVC*OODJ1$D"O4;(98W4RT M9I#5MV635N0%89!99S)!=/C0[3DUD)0R\K+56++L=-$YL#-(`^WJFM*=2NU8 M*'0$XA/@./(O*1MA:?3O9ASB7J&=4OV8A4J+P[$''CNQ_E4TYVLB7;0\JMK= M;$+>,[0GK!^[T-'F<&SC`OEI%ABRFR64^X%V>O6#>UU3=NSO]**#?E)M[NP* M"SJH?=VP`X;,1],Q>@@ZDL7BZ*&U.>79!E4)KD7M!X2&2`0[@HSJW*E25HLI M[`!%;F)*<#I*0]T5.@DBD1O>HA6*TL(W.KV]4\7-*`FM.;4)[*Z&DY8B[-AY M;YT=_SLE0>P'?.^H0DU):,V92@\U3478@=KU$K&=;S2_Q'%\3K?!+S-,^#6# M&#`9S5!"I]1R`YYT6&!"D/`W(-2.SG'$&$7T6(;BD>1O4D_WQ^IAZ/3-B5/J MS'$CW]GJCK:1_]T&9[A,'0;'*,-NH*?9P1ZL6L%U/&I9MKFW^*C%/95E*Y-7 M$FIL/2`DF@6PXY!5Y4U9%4C0W@XX9(:E`*7?&C\3U\O3?TLKS-2;01^&Y/91 MKB0C$M&.+31[7;AD$J@..K6&T`<;/01$W-N$P68[C]P8Q5G8;OX0*(]BB2]2 M-(WNG_#?D$NT3C?:70WOT&.H)3M`SH.TE92L_,R/*#G*88J ML=/_J!=Y\WXM&M>'0K'MV*?;@5>WL#>BANQ7-, MEICNA)3)D&H-H1^C&;D5!6+NBH'`JOG6.WN[%GCYIEM@V'9J_1Y$;)=/% MDN`5ET6B_J:V@_%;B06U`P@^7.DI\99I+U1F21$T'XS722JN'8A(I*\7)/U_:-DVC+M"'JOJC^QM5-13XO].8[B-&0^EO&< MH"QM0+8&KC,*"%9\+4K[LW=HB](S#`_$G:#&1\X9A^N_0Q\)=%5:$!?8_<`TLT,&.?(F3-O$D,W"M7KO;`HC8U,%D<=;Z M,K6&T]'550O\\O/?_@KDW^G?+0M<8N0Z`W!!;>N*S.E/X`8NT0!\0`0Q*"C[ M"7R%KJ]:Z"5V$0,CNO1<))`DA#T-P&'[&`++JJ'V*R(.95]NKS9J[X7P!IW. MT]-3F]!'^$39`V_;M)ZZ*?69C3:ZNL>]H]X1N!I-?@6][K_;J[DT_P(*23KH M]H[^<7#1/9;_]`[N>N\&AX>#H\.:W0@H?!YWLSKN=GM=^5=/_#/F]D:X\^GI MB+];W>+?%H@<^Z-9__SS%$YO_@G'SNI?7]/WYP__L1D6^=]0.=^^+R M9/30O_[TZ>`]M"=AEZ?1F0.^2Q0 M'1&4R%%:A%!"_&6QHXY@';'V4$'#3'!`1$6^E!01J&HOW!>(VPY[2/9Z?^QP3Q".\BTEFO-^J5Z&<7+J4^PS) M+[TV2.A1H&M-C8)Y:-O4E[,"LIA0%]L811@7M)L!?I<%^*`-8B5`:VD4N%?D M4;I`V3K$-/YJAO(X"V6_#3:RC0)PPJA\\XBUF@9_\[&G!L@0RT**&=:3+*R' M;:#5A+-CK:A1&-\QZ,BZESUPB>5$OH6(GAL74HP8][I9C(_:(%83H!PI:A3& MT4`H9[]K.'.1A%.V,!\Y[U<>(CPSZ!K8S.CWLNB_W8S!'$1*@QA$:H'6VZA@ MG$/R<*W>]'*VQI"<6NDR)=ML!OL@"_:[-E`Z0*`DF,4%:AJ%K1I"Q5IF/.'0 M3M0D!>UF=/M9=(_;(%0"DEH:!>X5L>D2W<&5'B^2#68X#[-PGJ@IA9(&@7BC MA-J:A?BF7DL"G6TTXVLL M`YN):E'5EP380#=C7;\V;";P1:5@$G@#W0C\0?V"L9G`5Y:$!0-Y);,Y),^N M(IL9H7QIDPQ)*=4<@UQQ65S^-!/Q1-F3?KMFF\T8YTK,3$W43'`-M4\2[&HV M,_BY@K2R4&IF.`KWNBZ0@-CE-Y"I7=E'9-@6R[&:PY*O7TNWR<";2#?8*&]6 M:/)EDZ5?D[?(1OA1/:X11F6%ED'"'*BZ!:\5O[KC+C:A:WS`;I&LIWP4(\FK M`E8N80Y8W6K9`E$/"6[^&C`-ORS*'-\6MTCXC/"AZ](G=29(O82&SA\^#]\> M54'<3HLYL+DRO32P4:\@ZO9'$'<D]9)6# MJDG&',S<.D!I,'4?X(WJY0<@^P%!1Z^ARX9!AV`HR9:#75_-%=11-=&72JLXOHLY!V'M(>\U:#5WQ!+4&GSEPN96)LA7GAL], M-ZO$UN93*L4,=',`B>@X4][T:*_ M5=28RH&MI5I5[=%8E1U&Y M]!+ZS#'.K7/4WA:TZFX?-C)1<^=.B[.TFLT8ZPC=$.)]8BX M0,XV0ZM9RAS+W))*:2Q5+U^#7EZ'U<+H%4\I:_"9(Y1;32D[I=;P*67B9)J5 M^)Q9DS?RF`.16R;)'F6S,B?;&ID7>5ASZ_/E#.8`Y!9`-0Z7_SWFI_E$WS]VB M.0ANK!NHZ]/.6ARK>PE;4=L]0_.S%K:])TO?>/:[=*V]6KJ:1:DVW%@7Q#V+ M1M2Q5@&9G=.2NU%/*@GV8F1D.MIXK4!@H<0GB6[4VM6#'!PZ+^&R"V?;NBQ% MD/L=?;U6^E_42?GT;>MDYH']3JZ.XEY>U&&9.MLZG,ZV[^3OQ::3I+O1G8*= M^%+!Z'OVXL%3Z3AE`I#&M>!UGE2DI(WH:!Z5$[4H])[^R>->9XA559$5Y*&%8><-OU^ M@3S*L>!CDK@P2AFIAHDB$G9=M8MVUA+,5P.+NE!V(`<<3)V[8%QT_/"Z/DV; MA3O8!CBET$8^.X$\0 M4_;>(!&T:D_-+-L[(3WP0C4O9+_J/_T;AJ3IA=3GCQD.FGW'(:/8X`AUN$!% ML:G)OP>!XHG?=$SD6T$6GK+&G=YC-<%;)(BI1V\+H7T.:VT_S-'^:W/L,%5#/K.[@:?H(U[<:]L+VI_YIM>M M+VSL-7TJLC5LWKVIUTB6.).@1VQ/X#J\YS*TMX2VKXD?F!O^*F;($#0Y9>+: M5_=&=,;@)8I'J&3#WL[+Y;R,^ZY:]APN&`J(YV$`U-&[R*3-+*\&Z]YZ^F4: MGSO]C)8SQ+1CA93G3D@=NI1C\PO;>T6^<%1N=)J\5Y9/4'!THMSV+,/.K;^2 M%24C01?0+7MDJICVU8O"<-3DW;E/(^JMF9Q#B,_Y@)30=F[S!Y<^HHRMF;:= MVSCT/,B0FS8RV[AS*_-GP-(&&^C[8OO[E9QO8ZYL*;2]B+YSVR^AC5VL=BS2 M-A>T[]Q6TW^.-)0Z&;0W$\UZO##ZI'UZ;DD@M:A3BR\Q"'(QGH?5;\:C0M+> M.3`6]XB%)V"BWW=D_3!Q[-"=TTZXVB\__@]02P$"'@,4````"`#<;0Q'6=1J MZ-FN``#;6@<`$0`8```````!````I($`````:6-P=RTR,#$U,#8S,"YX;6Q5 M5`4``X^&RU5U>`L``00E#@``!#D!``!02P$"'@,4````"`#<;0Q'8V<:WOP, M``".D@``%0`8```````!````I($DKP``:6-P=RTR,#$U,#8S,%]C86PN>&UL M550%``./ALM5=7@+``$$)0X```0Y`0``4$L!`AX#%`````@`W&T,1T!>XV*G M%```IB`Q0````(`-QM#$=6`D#( M'$0``+[9`P`5`!@```````$```"D@671``!I8W!W+3(P,34P-C,P7VQA8BYX M;6Q55`4``X^&RU5U>`L``00E#@``!#D!``!02P$"'@,4````"`#<;0Q'VJL3 MJH&UL550%``./ALM5=7@+``$$)0X```0Y`0``4$L!`AX#%`````@`W&T,1RN3 M`DPS"P``)7```!$`&````````0```*2!ID,!`&EC<''-D M550%``./ALM5=7@+``$$)0X```0Y`0``4$L%!@`````&``8`&@(``"1/`0`` !```` ` end XML 50 R19.htm IDEA: XBRL DOCUMENT v3.2.0.727

4. Property and Equipment (Tables)
6 Months Ended

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

Property and Equipment

June 30,
2015 December 31,
2014

Computer equipment and software $ 573,693 $ 507,640

Office furniture and equipment 264,030 255,085

Leasehold improvements 172,048 169,904

1,009,771 932,629

Less: Accumulated depreciation (704,013 ) (641,953 )

Property and equipment, net $ 305,758 $ 290,676

XML 51 R15.htm IDEA: XBRL DOCUMENT v3.2.0.727

10. Commitments and Contingencies
6 Months Ended

Jun. 30, 2015

Commitments and Contingencies Disclosure [Abstract]

10. Commitments and Contingencies
10. Commitments and Contingencies



The Company entered into a five-year lease with one option to renew for an additional five years for a corporate office and warehouse lease commencing in July 2006. The Company exercised its five year option to renew this lease commencing in July 2011. The facility is located in El Segundo, California. As part of this renewal process we reduced our square footage by approximately 1,700 square feet of unneeded warehouse space in exchange for six months of rent concessions and approximately $40,000 for tenant improvements. Rent expense for this facility for the three months and six months ended June 30, 2015 was $2,032 and $4,063, respectively. The Company has sublet this facility for the remainder of its lease term as the Company relocated to Texas.

On June 11, 2014, the Company entered into a 42 month lease for a new corporate office facility in Farmers Branch, Texas, commencing in the third quarter of 2014. The Company relocated its corporate headquarters to Texas in the third quarter of 2014. This new facility is approximately 13,026 square feet and the Company has negotiated six months of rent abatement. The monthly base rent is $7,653 plus $3,449 for common area operating expenses. A security deposit of one month’s rent has been made in the amount of $11,102. As part of this process, we were granted $60,000 for tenant improvements. Rent expense attributable to this facility for the three months and six months ended June 30, 2015 was $26,193 and $50,456, respectively.

The Company has various non-cancelable operating leases for office equipment expiring through August, 2018. Equipment lease expense charged to operations under these leases was $3,593 and $3,072 for the three months ended June 30, 2015 and 2014, respectively. Equipment lease expense charged to operations under these leases was $7,842 and $5,602 for the six months ended June 30, 2015 and 2014, respectively.

Future minimum rental commitments under these non-cancelable operating leases for years ending December 31 are as follows:

Year Facilities Equipment Total

2015 $ 131,481 $ 5,390 $ 136,871

2016 181,609 10,139 191,748

2017 97,051 9,240 106,291

2018 16,175 5,775 21,950

$ 426,316 $ 30,544 $ 456,860

Ironclad California executed a Consulting Agreement with Eduard Albert Jaeger, its founder and former CEO, effective in February 18, 2014. Pursuant to the terms of this two year Consulting Agreement, Mr. Jaeger would be paid an initial base fee of $225,000 for the first year of the agreement and a base fee of $150,000 for the second year of the agreement. In addition, the Company would reimburse Mr. Jaeger for 100% of the premiums for COBRA coverage for himself and his family for the first 12 months of the agreement. The Company would also reimburse Mr. Jaeger for any travel and lodging expense incurred while rendering services to the Company. The total expense recognized in the three months ended June 30, 2015 and 2014 for Mr. Jaeger’s fees and COBRA was $70,064 and $95,924, respectively. The total expense recognized in the six months ended June 30, 2015 and 2014 for Mr. Jaeger’s fees and COBRA was $124,134 and $148,553, respectively.

X

- References
No definition available.
+ Details

Name: us-gaap_CommitmentsAndContingenciesDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure for commitments and contingencies.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 460

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=51674963&loc=d3e12565-110249

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 450

-SubTopic 20

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14435-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.25)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 440

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

+ Details

Name: us-gaap_CommitmentsAndContingenciesDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 52 R13.htm IDEA: XBRL DOCUMENT v3.2.0.727

8. Equity Transactions
6 Months Ended

Jun. 30, 2015

Equity [Abstract]

8. Equity Transactions
8. Equity Transactions

Common Stock



On January 23, 2015 the Company issued 106,600 shares of common stock upon the exercise of stock options at a range in exercise price of $0.09 to $0.095.

On June 4, 2015 the Company issued 733,333 shares of restricted common stock with a fair value of $0.28, vesting over a period of one year.

There were 81,648,562 shares of common stock of the Company outstanding at June 30, 2015.

Warrant Activity

A summary of warrant activity is as follows:

Number
of Shares Weighted Average
Exercise Price

Warrants outstanding at December 31, 2014 43,146 0.19

Warrants exercised —

Warrants outstanding at June 30, 2015 43,146 0.19

Stock Based Compensation

Ironclad California reserved 3,020,187 shares of its common stock for issuance to employees, directors and consultants under the 2000 Stock Incentive Plan, which the Company assumed in the merger (the “2000 Plan”). Under the 2000 Plan, options may be granted at prices not less than the fair market value of the Company’s common stock at the grant date. Options generally have a ten-year term and shall be exercisable as determined by the Board of Directors.

Effective May 18, 2006, the Company reserved 4,250,000 shares of its common stock for issuance to employees, directors and consultants under its 2006 Stock Incentive Plan (the “2006 Plan”). In June, 2009, the shareholders of the Company approved an increase in the number of shares of common stock reserved under the 2006 Plan to 11,000,000 shares.  In April, 2011, the shareholders of the Company approved a further increase in the number of shares of common stock reserved under the 2006 Plan to 13,000,000 shares. In May, 2013, the shareholders of the Company approved a further increase in the number of shares of common stock reserved under the 2006 Plan to 16,000,000 shares. In April, 2014, the shareholders of the Company approved a further increase in the number of shares of common stock reserved under the 2006 Plan to 21,000,000 shares. Under the 2006 Plan, options may be granted at prices not less than the fair market value of the Company’s common stock at the grant date. Options generally have a ten-year term and shall be exercisable as determined by the Board of Directors.

The fair value of each stock option granted under either the 2000 Plan or 2006 Plan is estimated on the date of the grant using the Black-Scholes Model.  The Black-Scholes Model has assumptions for risk free interest rates, dividends, stock volatility and expected life of an option grant. The risk free interest rate is based on the U.S. Treasury Bill rate with a maturity based on the expected life of the options and on the closest day to an individual stock option grant. Dividend rates are based on the Company’s dividend history. The stock volatility factor is based on historical market prices of the Company’s common stock. The expected life of an option grant is based on management’s estimate. The fair value of each option grant is recognized as compensation expense over the vesting period of the option on a straight line basis.

For stock options issued during the three months and six months ended June 30, 2015 and 2014, the fair value of these options was estimated at the date of the grant using a Black-Scholes option pricing model with the following range of assumptions:

Three Months Ended Three Months Ended Six Months Ended Six Months Ended

June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014

Risk free interest rate 1.54 % 2.50% to 2.66% 1.54 % 0.05% to 2.66%

Dividends —   —   —   —

Volatility factor 133.9 % 82.2 % 133.9 % 80.9% to 84.5%

Expected life 6.25 years 6.25 years 6.25 years 5.5 to 6.25 years

A summary of stock option and restricted stock activity is as follows:

Number of Shares Weighted Average Exercise Price

Outstanding at December 31, 2014
13,408,324 $ 0.148

Granted —

Exercised (106,600 ) $ 0.094

Cancelled/Expired (519,487 ) $ 0.15

Outstanding at March 31, 2015 12,782,237 $ 0.148

Granted 733,333 $ 0.280

Exercised (733,333 ) $ 0.230

Cancelled/Expired —   $ 0.150

Outstanding at June 30, 2015 12,782,237 $ 0.148

Exercisable at June 30, 2015 8,481,203 $ 0.146

The following table summarizes information about stock options outstanding at June 30, 2015:

Range of Exercise
Price Number
Outstanding Weighted Average
Remaining Contractual
Life (Years) Weighted Average
Exercise Price Intrinsic Value
Outstanding Shares

$0.09 - $0.27 12,782,237 6.43 $ 0.148 $ 1,813,031

The following table summarizes information about stock options exercisable at June 30, 2015:

Range of Exercise
Price Number
Exercisable Weighted Average
Remaining Contractual
Life (Years) Weighted Average
Exercise Price Intrinsic Value
Exercisable Shares

$0.09 - $0.26 8,481,203 5.18 $ 0.146 $ 1,220,680

The following table summarizes information about non-vested stock options and restricted stock at June 30, 2015:

Number of Shares Weighted Average Grant Date Fair Value

Non-Vested at December 31, 2014 5,858,535 $ 0.146

  Granted —   $

  Vested (1,127,189 ) $ 0.14

  Forfeited (300,000 ) $ 0.16

Non-Vested at March 31, 2015 4,431,346 $ 0.147

  Granted 733,333 $ 0.280

  Vested (863,645 ) $ 0.14

  Forfeited —   $

Non-Vested at June 30, 2015 4,301,034 $ 0.152

In accordance with ASC 718, the Company recorded $85,355 and $93,107 of compensation expense for employee stock options during the three months ended June 30, 2015 and 2014. The Company recorded $174,895 and $157,116 of compensation expense for employee stock options during the six months ended June 30, 2015 and 2014. There was a total of $648,865 of unrecognized compensation costs related to non-vested share-based compensation arrangements under the Plan outstanding at June 30, 2015. This cost is expected to be recognized over a weighted average period of 2.38 years. The total fair value of shares vested during the six months ended June 30, 2015 was $298,026.

X

- References
No definition available.
+ Details

Name: us-gaap_EquityAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(d),(e))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 4.E)

-URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29-31)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 4

-Subparagraph (SAB TOPIC 4.C)

-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 30

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Preferred Stock

-URI http://asc.fasb.org/extlink&oid=6521494

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section E

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section C

+ Details

Name: us-gaap_StockholdersEquityNoteDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 53 R14.htm IDEA: XBRL DOCUMENT v3.2.0.727

9. Income Taxes
6 Months Ended

Jun. 30, 2015

Income Tax Disclosure [Abstract]

9. Income Taxes
9. Income Taxes

The Company utilizes FASB ASC 740-10, “Accounting for Uncertainty in Income Taxes - An Interpretation of FASB Statement No. 109”. FASB ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an entity’s financial statements in accordance with FASB Statement No. 109, Accounting for Income Taxes, and prescribes a recognition threshold and measurement attributes for financial statement disclosure of tax position taken or expected to be taken on a tax return. Additionally, FASB ASC 740-10 provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. No adjustments were required upon adoption of FASB ASC 740-10.

The Company is currently open to audit under the statute of limitations by the Internal Revenue Service for the fiscal years 2010 through 2013. The Company’s state tax returns are open to audit under the statute of limitations for the fiscal years 2009 through 2013.   The Company’s 2014 tax returns are currently on extension.

The provision for income taxes differs from the amount that would result from applying the federal statutory rate for the periods ended June 30, 2015 and 2014 as follows:

June 30,
2015 June 30,
2014

Statutory regular federal income benefit rate 34.0 % 34.0 %

State income taxes, net of federal benefit 2.7 % 5.3 %

Change in valuation allowance (36.7 %) (39.3 %)

Total —   % —   %

In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of sufficient future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversals of deferred tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. Based upon the level of historical taxable income and projections for future taxable income over the periods which the deferred tax assets are deductible, management believes it is more likely than not that the Company will realize some portion or all of the benefits of these deductible differences. The Company’s glove business generally shows an increase in sales during the third and fourth quarters due primarily to an increase in the sale of the winter glove line during this period. The Company typically generates 55% - 65% of the glove net sales during these months. The change in valuation allowance is affected by the seasonality of the business.

As of June 30, 2015, the Company had unused federal and states net operating loss carryforwards available to offset future taxable income of approximately $4,000,000 and $5,000,000, respectively, that expire between 2015 and 2026.

X

- References
No definition available.
+ Details

Name: us-gaap_IncomeTaxDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

+ Details

Name: us-gaap_IncomeTaxDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 54 R16.htm IDEA: XBRL DOCUMENT v3.2.0.727

2. Accounting Policies (Policies)
6 Months Ended

Jun. 30, 2015

Accounting Policies [Abstract]

Basis of Presentation
Basis of Presentation

The accompanying interim condensed consolidated financial statements are unaudited and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) including those for interim financial information and with the instructions for Form 10-Q and Article 8 of Regulation S-X issued by the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and note disclosures required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been reflected in these interim financial statements. These financial statements should be read in conjunction with the audited financial statements and notes for the year ended December 31, 2014 included in the Company’s Annual Report on Form 10-K filed with the SEC on March 16, 2015.

Basis of Consolidation
Basis of Consolidation

The condensed consolidated financial statements include the accounts of Ironclad Performance Corporation, an inactive parent company, and its wholly owned subsidiary Ironclad California. All significant inter-company transactions have been eliminated in consolidation.

Use of Estimates
Use of Estimates

The preparation of financial statements requires management to make a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities. Actual results could differ from those estimates. Significant estimates and assumptions made by management are used for, but not limited to, the allowance for doubtful accounts, inventory obsolescence, allowance for returns and the estimated useful lives of long-lived assets.

Cash and Cash Equivalents
Cash and Cash Equivalents

The Company considers all highly liquid investments with original maturities of three months or less when purchased to be cash equivalents. The Company places its cash with high credit quality institutions. The Federal Deposit Insurance Company (FDIC) insures cash amounts at each institution for up to $250,000 and the Securities Investor Protection Corporation (SIPC) also insures cash amounts at each institution up to $250,000.  In addition, supplemental insurance is in place to cover balances in excess of these limits. The Company maintains cash in excess of the FDIC and SIPC limits.

Accounts Receivable
Accounts Receivable

June 30, 2015 December 31, 2014

Accounts receivable $ 5,356,692 $ 6,313,032

Less - allowance for doubtful accounts (30,000 ) (30,000 )

     Net accounts receivable $ 5,326,692 $ 6,283,032

The allowance for doubtful accounts is based on management’s regular evaluation of individual customer’s receivables and consideration of a customer’s financial condition and credit history. Trade receivables are written off when deemed uncollectible. Recoveries of trade receivables previously written off are recorded when received. Interest is not charged on past due accounts.

Inventory
Inventory

Inventory is stated at the lower of average cost (which approximates first in, first out) or market and consists primarily of finished goods. The Company regularly reviews its inventory quantities on hand and records a provision for excess and obsolete inventory based primarily on management’s estimated forecast of product demand and production requirements.

Property and Equipment
Property and Equipment

Property and equipment are recorded at cost less accumulated depreciation. Depreciation is recorded using the straight-line method over the estimated useful lives of the related assets, which range from three to seven years. Leasehold improvements are depreciated over fifteen years or the lease term, whichever is shorter. Maintenance and repairs are charged to expense as incurred.

Trademarks
Trademarks

The costs incurred to file and acquire trademarks, which are active and relate to products with a definite life cycle, are amortized over the estimated useful life of fifteen years. Trademarks, which are active and relate to corporate identification, such as logos, are not amortized. Pending trademarks are capitalized and reviewed monthly for active status.

Long-Lived Asset Impairment
Long-Lived Asset Impairment

The Company periodically evaluates whether events and circumstances have occurred that indicate the remaining estimated useful life of long-lived assets may warrant revision or that the remaining balance may not be recoverable. When factors indicate that the asset should be evaluated for possible impairment, the Company uses an estimate of the undiscounted net cash flows over the remaining life of the asset in measuring whether the asset is recoverable. Based upon the anticipated future income and cash flow from operations and other factors, relevant in the opinion of the Company’s management, there has been no impairment.

Operating Segment Reporting
Operating Segment Reporting

The Company has two product lines, “gloves” and “apparel,” both of which have similar characteristics.  They each provide functional protection and comfort to workers in the form of work wear for various parts of the body; their production processes are similar; they are both sold to the same type of class of customers, typically on the same purchase order; and they are warehoused and distributed from the same warehouse facility.  In addition, the “apparel” segment currently comprises less than 2% of the Company’s revenues.  The Company believes that the aggregation criteria of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 280, paragraph 17 applies and will accordingly aggregate these two segments.

Revenue Recognition
Revenue Recognition

A customer is obligated to pay for products sold to it within a specified number of days from the date that title to the products is transferred to the customer. The Company’s standard terms are typically net 30 days from the transfer of title to the products to the customer, however we have negotiated special terms with certain customers and industries. The Company typically collects payment from a customer within 30 to 60 days from the transfer of title to the products to a customer. Transfer of title occurs and risk of ownership generally passes to a customer at the time of shipment or delivery, depending on the terms of the agreement with a particular customer. The sale price of the Company’s products is substantially fixed or determinable at the date of sale based on purchase orders generated by a customer and accepted by the Company. A customer’s obligation to pay the Company for products sold to it is not contingent upon the resale of those products. The Company recognizes revenues when products are delivered, or shipped to customers, based on terms of agreement with the customers. All transactions are conducted in United States Dollars and therefore there are no transaction gains or losses incurred on transactions with foreign customers.

Revenue Disclosures
Revenue Disclosures

The Company’s revenues are derived from the sale of our core line of task specific work gloves plus our line of work wear apparel products, available to all of our customers, both domestically and internationally.  Below is a table outlining this breakdown for the comparative periods:

Three Months Ended June 30, 2015 Three Months Ended June 30, 2014

Net Sales Gloves Apparel Total Gloves Apparel Total

Domestic $ 4,711,891 $ 22,576 $ 4,734,467 $ 3,526,468 $ 12,919 $ 3,539,387

International 437,500 —   437,500 1,279,126 739 1,279,865

Total $ 5,149,391 $ 22,576 $ 5,171,967 $ 4,805,594 $ 13,658 $ 4,819,252

Six Months Ended June 30, 2015 Six Months Ended June 30, 2014

Net Sales Gloves Apparel Total Gloves Apparel Total

Domestic $ 8,162,102 $ 30,423 $ 8,192,525 $ 7,461,389 $ 81,252 $ 7,542,641

International 1,547,124 —   1,547,124 2,352,207 739 2,352,946

Total $ 9,709,226 $ 30,423 $ 9,739,649 $ 9,813,596 $ 81,991 $ 9,895,587

Cost of Goods Sold
Cost of Goods Sold

Cost of goods sold includes all of the costs associated with producing the product by independent, third party factories (FOB costs), plus the costs of transporting, inspecting and delivering the product to our distribution warehouse in California (landed costs). Landed costs consist primarily of ocean/air freight, transport insurance, import duties, administrative charges and local trucking charges from the port to our warehouse. Cost of goods sold for the three months ended June 30, 2015 and 2014 were $3,395,362 and $3,161,595, respectively. Cost of goods sold for the six months ended June 30, 2015 and 2014 were $6,196,449 and $6,768,784, respectively.

Purchasing, warehousing and distribution costs are reported in operating expenses on the line item entitled “Purchasing, warehousing and distribution” and for the three months ended June 30, 2015 and 2014 were $241,534 and $356,297, respectively and for the six months ended June 30, 2015 and 2014 were $524,531 and $684,094, respectively.

Product Returns, Allowances and Adjustments
Product Returns, Allowances and Adjustments

Product returns, allowances and adjustments is a broad term that encompasses a number of offsets to gross sales. Included herein are warranty returns of defective products, returns of saleable products and accounting adjustments.

Warranty Returns - the Company has a warranty policy that covers defects in workmanship. It allows customers to return damaged or defective products to us following a customary return merchandise authorization process. Warranty returns for the three and six months ended June 30, 2015 and 2014 were approximately $2,800 or 0.1% and $16,300 or 0.4% and $9,400 or 0.1% and $25,900 or 0.5%, respectively.

Saleable Product Returns - the Company may allow from time to time, depending on the customer and existing circumstances, stock adjustment returns, whereby the customer is given the opportunity to ‘trade out’ of a style of product that does not sell well in their territory, usually in exchange for another product, again following the customary return merchandise authorization process. In addition the Company may allow from time to time other saleable product returns from customers for other business reasons, for example, in settlement of an outstanding accounts receivable, from a discontinued distributor customer or other customer service purpose. Saleable product returns for the three and six months ended June 30, 2015 and 2014 were approximately $129,000 or 2.4% and $22,700 or 0.5% and $255,000 or 2.5% and $133,600 or 2.8% of net sales, respectively.

Sales Adjustments - these adjustments include pricing and shipping corrections and periodic adjustments to the product returns reserve. Pricing and shipping corrections for the three and six months ended June 30, 2015 and 2014 were approximately $96,000 or1.8% and $6,200 or 0.1% and $112,000 or 1.1% and $8,200 or 0.2%, respectively. Adjustments to the product returns reserve were zero for the three and six months ended June 30, 2015 and 2014.

For warranty returns the Company utilizes actual historical return rates to determine the allowance for returns in each period. For saleable product returns the Company also utilizes actual historical return rates, adjusted for large, non-recurring occurrences. The Company does not accrue for pricing and shipping corrections as they are unpredictable and generally de minimis. Gross sales are reduced by estimated returns. We record a corresponding accrual for the estimated liability associated with the estimated returns which is based on the historical gross sales of the products corresponding to the estimated returns. This accrual is offset each period by actual product returns.

Reserve for Product Returns, Allowances and Adjustments

Reserve Balance 12/31/14 $ 75,000

Payments Recorded During the Period (132,390 )

(57,390 )

Accrual for New Liabilities During the Reporting Period 132,390

Reserve Balance 3/31/15 75,000

Payments Recorded During the Period (131,600 )

(56,600 )

Accrual for New Liabilities During the Reporting Period 131,600

Reserve Balance 6/30/15 $ 75,000

Advertising and Marketing
Advertising and Marketing

Advertising and marketing costs are expensed as incurred. Advertising expenses for the three and six months ended June 30, 2015 and 2014 were $83,140 and $50,451 and $169,713 and $126,219, respectively.

Shipping and Handling Costs
Shipping and Handling Costs

Freight billed to customers is recorded as sales revenue and the related freight costs as cost of sales.

Customer Concentrations
Customer Concentrations

Three customers accounted for approximately $2,389,000 or 46.2% of net sales for the quarter ended June 30, 2015. Two customers accounted for approximately $2,916,000 or 60.5% of net sales for the three months ended June 30, 2014. Three customers accounted for approximately $4,857,000 or 49.8% of net sales for the six months ended June 30, 2015. Three customers accounted for approximately $5,530,000 or 55.9% of net sales for the six months ended June 30, 2014. No other customers accounted for more than 10% of net sales during the periods.

Supplier Concentrations
Supplier Concentrations

Three suppliers, who are located overseas, accounted for approximately 75% of total purchases for the three months ended June 30, 2015. Two suppliers, who are located overseas, accounted for approximately 78% of total purchases for the three months ended June, 2014. Two suppliers, who are located overseas, accounted for approximately 56% of total purchases for the six months ended June 30, 2015. Three suppliers, who are located overseas, accounted for approximately 85% of total purchases for the six months ended June 30, 2014. All transactions are conducted in United States Dollars and therefore there are no transaction gains or losses incurred on transactions with foreign suppliers.

Stock Based Compensation
Stock Based Compensation

The Company follows the provisions of FASB ASC 718, “Share-Based Payment.”  This statement establishes standards for the accounting for transactions in which an entity exchanges its equity instruments for goods or services, as well as transactions in which an entity incurs liabilities in exchange for goods or services that are based on the fair value of the entity’s equity instruments or that may be settled by the issuance of those equity instruments.  ASC 718 requires that the cost resulting from all share-based payment transactions be recognized in the financial statements based on the fair value of the share-based payment.  ASC 718 establishes fair value as the measurement objective in accounting for share-based payment transactions with employees, such as the options issued under our stock incentive plans.

Earnings (Loss) Per Share
Earnings (Loss) Per Share

The Company utilizes FASB ASC 260, “Earnings per Share.” Basic earnings (loss) per share is computed by dividing earnings (loss) available to common shareholders by the weighted-average number of common shares outstanding. Diluted earnings (loss) per share is computed similar to basic earnings (loss) per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. Common equivalent shares are excluded from the computation if their effect is anti-dilutive.

As a result of the net loss for the six months ended June 30, 2015 and 2014, the Company calculated diluted earnings per share using weighted average basic shares outstanding only, as using diluted shares would be anti-dilutive to loss per share.

The following table sets forth the calculation of the numerators and denominators of the basic and diluted per share computations for the three and six months ended June 30, 2015 and 2014 if diluted shares were to be included:

Three Months Ended Three Months Ended Six Months Ended Six Months Ended

June 30, 2015 June 30, 2014 June 30, 2015 June 30, 2014

Numerator: Net Loss $ (169,914 ) $ (281,705 ) $ (268,817 ) $ (773,006 )

Denominator: Basic and Diluted EPS

Common shares outstanding, beginning of period 80,889,171 76,704,275 80,808,629 76,681,498

Weighted average common shares issued during the period 243,640 413,896 203,035 230,365

Denominator for basic earnings per common share 81,132,811 77,117,171 81,011,664 76,911,863

The following potential common shares have been excluded from the computation of diluted net income (loss) per share for the periods presented as the effect would have been anti-dilutive:

Three Months Six Months

Ended June 30, Ended June 30,

2015 2014 2015 2014

Options outstanding under the Company’s stock option plans 12,782,237 11,098,279 12,782,237 11,098,279

Common Stock Warrants 43,146 43,146 43,146 43,146

Income Taxes
Income Taxes

The Company utilizes FASB ASC 740-10, “Accounting for Uncertainty in Income Taxes - An Interpretation of FASB Statement No. 109”. FASB ASC 740-10 clarifies the accounting for uncertainty in income taxes recognized in an entity’s financial statements in accordance with FASB Statement No. 109, Accounting for Income Taxes, and prescribes a recognition threshold and measurement attributes for financial statement disclosure of tax position taken or expected to be taken on a tax return. Additionally, FASB ASC 740-10 provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. No adjustments were required upon adoption of FASB ASC 740-10.

Income taxes are provided for the tax effects of the transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related primarily to the difference between the basis of the allowance for doubtful accounts, accumulated depreciation and amortization, accrued payroll and net operating loss carryforwards for financial and income tax reporting. The deferred tax assets and liabilities represent the future tax return consequences of those differences, which will either be taxable or deductible when the assets and liabilities are recovered or settled.

Deferred tax assets and liabilities are reflected at income tax rates applicable to the period in which the deferred tax assets or liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. If it is more likely than not that some portion or all of a deferred tax asset will not be realized, a valuation allowance is recognized.

The components of the provision for income taxes for the six months ended June 30, 2015 and 2014 were zero.   Based on its history of losses, the Company historically provided a 100% valuation allowance against its deferred tax assets, as it was not more likely than not that any future benefit from deductible temporary differences and net operating loss carryforwards would be realized. For the year ended December 31, 2014, the Company reassessed the need for a valuation allowance against its deferred tax assets and, based on the positive evidence of the last three year’s pre-tax income and forecasted future results, concluded that it is more likely than not that it would be able to realize some of its deferred tax assets. Accordingly, the Company reversed approximately 28% of its valuation allowance for its current deferred tax assets and recorded a deferred tax benefit of $760,000. These deferred tax benefits are recorded on the balance sheet as current deferred tax assets of $183,000 and long term deferred tax assets of $1,649,000 as of June 30, 2015 and December 31, 2014.

We will continue to evaluate if it is more likely than not that we will realize the benefits from future deferred taxes.

Fair Value of Financial Instruments
Fair Value of Financial Instruments

The fair value of the Company’s financial instruments is determined by using available market information and appropriate valuation methodologies. The Company’s principal financial instruments are cash, accounts receivable, accounts payable and short term line of credit debt. At June 30, 2015 and December 31, 2014, cash, accounts receivable, accounts payable and short term line of credit debt, due to their short maturities, and liquidity, are carried at amounts which reasonably approximate fair value.

The Company measures the fair value of its financial instruments using the procedures set forth below for all assets and liabilities measured at fair value that were previously carried at fair value pursuant to other accounting guidelines.

Under FASB ASC 820, “Fair Value Measurements” fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.

FASB ASC 820 establishes a three-level hierarchy for disclosure to show the extent and level of judgment used to estimate fair value measurements.

Level 1 — Uses unadjusted quoted prices that are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis.

Level 2 — Uses inputs, other than Level 1, that are either directly or indirectly observable as of the reporting date through correlation with market data, including quoted prices for similar assets and liabilities in active markets and quoted prices in markets that are not active. Level 2 also includes assets and liabilities that are valued using models or other pricing methodologies that do not require significant judgment since the input assumptions used in the models, such as interest rates and volatility factors, are corroborated by readily observable data. Instruments in this category include non-exchange-traded derivatives, including interest rate swaps.

Level 3 — Uses inputs that are unobservable and are supported by little or no market activity and reflect the use of significant management judgment. These values are generally determined using pricing models for which the assumptions utilize management’s estimates of market participant assumptions.

There were no items measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014.

Recent Accounting Pronouncements
Recent Accounting Pronouncements

In February 2015, the FASB issued ASU Update 2015-02, “Consolidation” (“ASU 2015-02”). This Update was issued to address concerns about the current accounting for consolidation by changing the analysis that a reporting entity must perform to determine whether it should consolidate certain types of legal entities. All legal entities are subject to reevaluation under the revised consolidation model. The amendments in this Update: 1) Modify the evaluation of whether limited partnerships and similar legal entities are variable interest entities (VIEs) or voting interest entities; 2) Eliminate the presumption that a general partner should consolidate a limited partnership; 3) Affect the consolidation analysis of reporting entities that are involved with VIEs, particularly those that have fee arrangements and related party relationships; and 4) Provide a scope exception from consolidation guidance for reporting entities with interests in legal entities that are required to comply with or operate in accordance with requirements that are similar to those in Rule 2a-7 of the Investment Company Act of 1940 for registered money market funds. The amendments in ASU 2015-02 are effective for the Company beginning in 2016. Early adoption is permitted and both retrospective and modified retrospective application is permitted. We currently intend to adopt ASU 2015-02 on January 1, 2016. We don’t anticipate that our adoption of ASU 2015-02 will have a material impact on the Company’s financial statements or related disclosures as we are not currently involved with the types of legal entities to which the amendments apply.

In January 2015, the FASB issued ASU Update 2015-01, “Income Statement – Extraordinary and Unusual Items” (“ASU 2015-01”). This Update eliminates from U.S. GAAP the concept of extraordinary items. However, the presentation and disclosure guidance for items that are unusual in nature or occur infrequently have been retained and expanded to include items that are both unusual in nature and infrequently occurring. The amendments in ASU 2015-01 are effective for the Company beginning in 2016. Early adoption is permitted and both prospective and retrospective application is permitted. We currently intend to adopt ASU 2015-01 on January 1, 2016 and apply its provisions on a prospective basis. We don’t anticipate that application of ASU 2015-01 will have a material impact on the Company’s financial statements or related disclosures.

In July 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory," which requires that inventory within the scope of the guidance be measured at the lower of cost and net realizable value rather than the lower of cost or market. The standard will be effective for public business entities for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. The new guidance shall be applied prospectively and early adoption is permitted. The Company will adopt this guidance in the first quarter of 2017. The impact is not expected to be material.

In April 2015, the FASB issued ASU 2015-03, “Interest-Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs,” which is designed to simplify presentation of debt issuance costs. The standard requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The standard will be effective for U.S. public companies for annual reporting periods beginning after December 15, 2015. Early adoption is permitted. The new guidance shall be applied on a retrospective basis for all periods presented. The Company will adopt this guidance in the first quarter of 2016. The impact is not expected to be material.

X

- Definition
Customer Concentraion Policy
+ References
No definition available.
+ Details

Name: ICPW_ConcentrationRiskCreditRiskCustomerPolicyTextBlock

Namespace Prefix: ICPW_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Supplier Concentration Policy
+ References
No definition available.
+ Details

Name: ICPW_ConcentrationRiskCreditRiskSupplierConcentrationsPolicyTextBlock

Namespace Prefix: ICPW_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_AccountingPoliciesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for advertising costs. For those costs that cannot be capitalized, discloses whether such costs are expensed as incurred or the first period in which the advertising takes place. For direct response advertising costs that are capitalized, describes those assets and the accounting policy used, including a description of the qualifying activity, the types of costs capitalized and the related amortization period. An entity also may disclose its accounting policy for cooperative advertising arrangements.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 340

-SubTopic 20

-Section 55

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=51677389&loc=d3e8384-108330

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 340

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=51662920&loc=d3e8275-108329

+ Details

Name: us-gaap_AdvertisingCostsPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).
+ References
No definition available.
+ Details

Name: us-gaap_BasisOfAccountingPolicyPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 305

-SubTopic 10

-Section 05

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6375392&loc=d3e26790-107797

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4273-108586

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash

-URI http://asc.fasb.org/extlink&oid=6506951

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash Equivalents

-URI http://asc.fasb.org/extlink&oid=6507016

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Financial Reporting Release (FRR)

-Number 203

-Paragraph 02-03

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 1

-Article 5

+ Details

Name: us-gaap_CashAndCashEquivalentsPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=18733093&loc=d3e5614-111684

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.3A-02)

-URI http://asc.fasb.org/extlink&oid=27015204&loc=d3e355033-122828

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph k

-Article 1

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02, 03

-Article 3A

+ Details

Name: us-gaap_ConsolidationPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for recognition of costs in the period which correspond to the sales and revenue categories presented in the statement of operations. The accounting policy may include the amount and nature of costs incurred, provisions associated with inventories, purchase discounts, freight and other costs included in cost of sales incurred and recorded in the period. This disclosure also includes the nature of costs of sales incurred and recorded in the statement of operations for the period relating to transactions with related parties.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.2)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 50

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=51666513&loc=d3e63676-111659

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

+ Details

Name: us-gaap_CostOfSalesPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

+ Details

Name: us-gaap_EarningsPerSharePolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for determining the fair value of financial instruments.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13279-108611

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 60

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=7493716&loc=d3e21868-110260

+ Details

Name: us-gaap_FairValueOfFinancialInstrumentsPolicy

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for recognizing and measuring the impairment of long-lived assets. An entity also may disclose its accounting policy for long-lived assets to be sold. This policy excludes goodwill and intangible assets.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 05

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=51717228&loc=d3e202-110218

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 5

-Section CC

-Subsection 3

+ Details

Name: us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 19

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32840-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 30

-Section 05

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6423966&loc=d3e40913-109327

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 954

-SubTopic 740

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6491622&loc=d3e9504-115650

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 17

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32809-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 45

-Paragraph 25

-URI http://asc.fasb.org/extlink&oid=37586315&loc=d3e32247-109318

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=37586315&loc=d3e32280-109318

+ Details

Name: us-gaap_IncomeTaxPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for major classes of inventories, bases of stating inventories (for example, lower of cost or market), methods by which amounts are added and removed from inventory classes (for example, FIFO, LIFO, or average cost), loss recognition on impairment of inventories, and situations in which inventories are stated above cost. If inventory is carried at cost, this disclosure includes the nature of the cost elements included in inventory.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 330

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=28360613&loc=d3e4492-108314

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.6(b))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 330

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=28360613&loc=d3e4556-108314

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Financial Reporting Release (FRR)

-Number 206

-Paragraph b

-Subparagraph i, ii

-Chapter 2

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 6

-Subparagraph a

-Article 5

+ Details

Name: us-gaap_InventoryPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact.
+ References
No definition available.
+ Details

Name: us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, basis of assets, depreciation and depletion methods used, including composite deprecation, estimated useful lives, capitalization policy, accounting treatment for costs incurred for repairs and maintenance, capitalized interest and the method it is calculated, disposals and impairments.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_PropertyPlantAndEquipmentPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for trade and other accounts receivable, and finance, loan and lease receivables, including those classified as held for investment and held for sale. This disclosure may include (1) the basis at which such receivables are carried in the entity's statements of financial position (2) how the level of the valuation allowance for receivables is determined (3) when impairments, charge-offs or recoveries are recognized for such receivables (4) the treatment of origination fees and costs, including the amortization method for net deferred fees or costs (5) the treatment of any premiums or discounts or unearned income (6) the entity's income recognition policies for such receivables, including those that are impaired, past due or placed on nonaccrual status and (7) the treatment of foreclosures or repossessions (8) the nature and amount of any guarantees to repurchase receivables.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6378556&loc=d3e10133-111534

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=49124121&loc=d3e4975-111524

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 3-5

-Article 5

+ Details

Name: us-gaap_ReceivablesPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18823-107790

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18726-107790

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 13.B.Q1)

-URI http://asc.fasb.org/extlink&oid=27012821&loc=d3e214044-122780

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 13

-Section B

-Paragraph Question 1

+ Details

Name: us-gaap_RevenueRecognitionPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for revenue recognition for the sale of goods, which is a transaction between an entity delivering a tangible good to a purchaser. The entity also may disclose its treatment of any unearned or deferred revenue that arises from the transaction.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 13.B.Q1)

-URI http://asc.fasb.org/extlink&oid=27012821&loc=d3e214044-122780

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 15

-URI http://asc.fasb.org/subtopic&trid=2197222

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 15

-Section 25

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=51677986&loc=d3e47119-111625

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 13

-Section B

-Paragraph Question 1

+ Details

Name: us-gaap_RevenueRecognitionSalesOfGoods

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for sales returns.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 13.B.Q1)

-URI http://asc.fasb.org/extlink&oid=27012821&loc=d3e214044-122780

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 15

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=51671139&loc=d3e47468-111626

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 13

-Section B

-Paragraph Question 1

+ Details

Name: us-gaap_RevenueRecognitionSalesReturns

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for revenue recognition for licensing fees, which is consideration paid to the entity (licensor) by another party for the right to use, but not own, certain of the entity's intangible assets. Licensing arrangements include, but are not limited to, rights to use a patent, copyright, technology, manufacturing process, or trademark.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 20

-Section 05

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=51660065&loc=d3e47769-111627

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 13.B.Q1)

-URI http://asc.fasb.org/extlink&oid=27012821&loc=d3e214044-122780

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 13

-Section A

-Paragraph d

-Subsection 3

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 13

-Section B

-Paragraph Question 1

+ Details

Name: us-gaap_RevenueRecognitionServicesLicensingFees

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for segment reporting.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

+ Details

Name: us-gaap_SegmentReportingPolicyPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (b),(f)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name: us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for the classification of shipping and handling costs, including whether the costs are included in cost of sales or included in other income statement accounts. If shipping and handling fees are significant and are not included in cost of sales, disclosure includes both the amounts of such costs and the line item on the income statement which includes such costs.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Shipping Costs

-URI http://asc.fasb.org/extlink&oid=51575562

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 45

-Section S99

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6408413&loc=d3e221937-122793

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 45

-Section 45

-Paragraph 20

-URI http://asc.fasb.org/extlink&oid=51671805&loc=d3e60635-111653

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 45

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=51667946&loc=d3e61069-111654

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Handling Costs

-URI http://asc.fasb.org/extlink&oid=51575068

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18726-107790

+ Details

Name: us-gaap_ShippingAndHandlingCostPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition
Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 275

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=51801978&loc=d3e6061-108592

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 275

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=51801978&loc=d3e6143-108592

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 275

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=51801978&loc=d3e6132-108592

+ Details

Name: us-gaap_UseOfEstimates

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 55 R34.htm IDEA: XBRL DOCUMENT v3.2.0.727

4. Property and Equipment - Property and Equipment (Details) - USD ($)

Jun. 30, 2015

Dec. 31, 2014

Property and Equipment, Gross $ 1,009,771 $ 932,629

Less: Accumulated depreciation (704,013) (641,953)

Property and equipment, net 305,758 290,676

Computer equipment and software

Property and Equipment, Gross 573,693 507,640

Office furniture and equipment

Property and Equipment, Gross 264,030 255,085

Leasehold improvements

Property and Equipment, Gross $ 172,048 $ 169,904

X

- Definition
Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.14)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_PropertyPlantAndEquipmentGross

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 13

-Subparagraph a

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 8

-Article 7

+ Details

Name: us-gaap_PropertyPlantAndEquipmentNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_ComputerEquipmentMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_FurnitureAndFixturesMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_LeaseholdImprovementsMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 56 R21.htm IDEA: XBRL DOCUMENT v3.2.0.727

6. Accounts Payable and Accrued Expenses (Tables)
6 Months Ended

Jun. 30, 2015

Payables and Accruals [Abstract]

Accounts Payable and Accrued Expenses

June 30,
2015 December 31,
2014

Accounts payable $ 1,878,073 $ 1,770,620

Accrued rebates and co-op 126,545 202,805

Customer deposits 167,332 167,410

Accrued returns reserve 75,000 75,000

Accrued expenses – other 374,656 373,788

Total accounts payable and accrued expenses $ 2,621,606 $ 2,589,623

X

- References
No definition available.
+ Details

Name: us-gaap_PayablesAndAccrualsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.
+ References
No definition available.
+ Details

Name: us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 57 R26.htm IDEA: XBRL DOCUMENT v3.2.0.727

2. Accounting Policies - Accounts Receivable (Details) - USD ($)

Jun. 30, 2015

Dec. 31, 2014

Accounting Policies [Abstract]

Accounts receivable $ 5,356,692 $ 6,313,032

Less - allowance for doubtful accounts (30,000) (30,000)

Net accounts receivable $ 5,326,692 $ 6,283,032

X

- References
No definition available.
+ Details

Name: us-gaap_AccountingPoliciesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Carrying amount as of the balance sheet date, net of allowance for doubtful accounts, of account and note receivables due from other than related parties.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.3-4)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_AccountsAndNotesReceivableNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
For unclassified balance sheet, amounts due from customers or clients for goods or services that have been delivered or sold in the normal course of business.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.9)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 3

-Article 5

+ Details

Name: us-gaap_AccountsReceivableGross

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
For an unclassified balance sheet, a valuation allowance for receivables due a company that are expected to be uncollectible.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=49124121&loc=d3e5074-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.4)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_AllowanceForDoubtfulAccountsReceivable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

XML 58 R49.htm IDEA: XBRL DOCUMENT v3.2.0.727

10. Commitments and Contingencies (Details Narrative) - USD ($)
3 Months Ended 6 Months Ended

Jun. 30, 2015

Jun. 30, 2014

Jun. 30, 2015

Jun. 30, 2014

Equipment Lease Expense $ 3,593 $ 3,072 $ 7,842 $ 5,602

Consulting Agreement - Base Compensation 225,000 150,000

COBRA Fees 70,064 $ 95,924 125,134 $ 148,553

Facilities

Base Rent, Periodic 7,653

Base Rent, Periodic, Common Area 3,449

Tenant Improvements 60,000 60,000

Rent Expense 26,196 50,456

Corporate

Tenant Improvements 40,000 40,000

Rent Expense $ 2,032 $ 4,063

X

- Definition
COBRA Fees
+ References
No definition available.
+ Details

Name: ICPW_CobraFees

Namespace Prefix: ICPW_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Consulting Agreement Base Compensation
+ References
No definition available.
+ Details

Name: ICPW_ConsultingAgreementBaseCompensation

Namespace Prefix: ICPW_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
Lease Common Area Periodic Payment
+ References
No definition available.
+ Details

Name: ICPW_LeaseCommonAreaPeriodicPayment

Namespace Prefix: ICPW_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Lease Periodic Payment
+ References
No definition available.
+ Details

Name: ICPW_LeasePeriodicPayment

Namespace Prefix: ICPW_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of expense incurred and directly related to generating revenue from leased and rented property or equipment.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.2(c))

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

+ Details

Name: us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line.
+ References
No definition available.
+ Details

Name: us-gaap_LeaseAndRentalExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Carrying amount as of the balance sheet date of improvements having a life longer than one year that were made for the benefit of one or more tenants.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.1(f))

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

+ Details

Name: us-gaap_TenantImprovements

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Details

Name: us-gaap_OtherCommitmentsAxis=ICPW_FacilitiesMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_OtherCommitmentsAxis=us-gaap_CorporateMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 59 R41.htm IDEA: XBRL DOCUMENT v3.2.0.727

8. Equity Transactions - Fair Value of Stock Options (Details)
3 Months Ended 6 Months Ended

Jun. 30, 2015

Jun. 30, 2014

Jun. 30, 2015

Jun. 30, 2014

Equity [Abstract]

Risk free interest rate, minimum 2.50% 0.05%

Risk free interest rate, maximum 1.54% 2.66% 1.54% 2.66%

Dividends

Volatility factor, High 133.90% 82.20% 133.90% 84.50%

Volatility Factor, Low 80.90%

Expected life, Low 5 years 6 months

Expected life, High 6 years 3 months 6 years 3 months 6 years 3 months 6 years 3 months

X

- Definition
Expected Life, Maximum
+ References
No definition available.
+ Details

Name: ICPW_ExpectedLifeHigh

Namespace Prefix: ICPW_

Data Type: xbrli:durationItemType

Balance Type: na

Period Type: duration

X

- Definition
Expected Life, Minimum
+ References
No definition available.
+ Details

Name: ICPW_ExpectedLifeLow

Namespace Prefix: ICPW_

Data Type: xbrli:durationItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_EquityAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (f)(2)(iii)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: duration

X

- Definition
The estimated measure of the maximum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.
+ References
No definition available.
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: duration

X

- Definition
The estimated measure of the minimum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.
+ References
No definition available.
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: duration

X

- Definition
The maximum risk-free interest rate assumption that is used in valuing an option on its own shares.
+ References
No definition available.
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: duration

X

- Definition
The minimum risk-free interest rate assumption that is used in valuing an option on its own shares.
+ References
No definition available.
+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum

Namespace Prefix: us-gaap_

Data Type: num:percentItemType

Balance Type: na

Period Type: duration

XML 60 R5.htm IDEA: XBRL DOCUMENT v3.2.0.727

Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended

Jun. 30, 2015

Jun. 30, 2014

CASH FLOWS FROM OPERATING ACTIVITIES

Net loss $ (268,816) $ (773,006)

Adjustments to reconcile net loss (used) provided by operating activities:

Allowance for (recovery of) bad debts (18,000)

Depreciation $ 62,060 53,777

Amortization $ 4,768 4,718

Inventory reserve (recoveries) (73,200)

Stock option expense $ 174,895 157,116

Gain on disposition of equipment 105

Changes in operating assets and liabilities:

Accounts receivable $ 956,340 3,430,599

Inventory (1,755,235) (857,625)

Deposits on inventory 382,771 (155,950)

Prepaid and other (244,909) (301,073)

Accounts payable and accrued expenses 31,985 1,179,992

Net cash flows (used) provided by operating activities (656,141) 2,647,243

CASH FLOWS FROM INVESTING ACTIVITIES

Property, plant and equipment purchased $ (77,142) (39,249)

Proceeds from sale of assets 233

Investment in trademarks $ (364) (6,300)

Net cash flows used in investing activities (77,506) (45,316)

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from issuance of common stock 10,002 16,021

Proceeds from bank line of credit 7,494,911 905,497

Payments to bank line of credit (6,820,563) (3,074,908)

Net cash flows provided (used) by financing activities 684,350 (2,153,390)

NET INCREASE (DECREASE) IN CASH (49,297) 448,537

CASH AND CASH EQUIVALENTS BEGINNING OF PERIOD 340,903 313,750

CASH AND CASH EQUIVALENTS END OF PERIOD 291,606 762,287

SUPPLEMENTAL DISCLOSURES

Interest paid in cash $ 34,942 $ 6,913

Income taxes paid in cash

X

- Definition
Increase/decrease in carrying value of capitalized payments made in advance for inventory that is expected to be received within one year or the normal operating cycle, if longer.
+ References
No definition available.
+ Details

Name: ICPW_DepositsOnInventory

Namespace Prefix: ICPW_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

+ Details

Name: us-gaap_AdjustmentForAmortization

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash

-URI http://asc.fasb.org/extlink&oid=6506951

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6676-107765

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3044-108585

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash Equivalents

-URI http://asc.fasb.org/extlink&oid=6507016

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.1)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_CashAndCashEquivalentsAtCarryingValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 830

-SubTopic 230

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=49171198&loc=d3e33268-110906

+ Details

Name: us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

+ Details

Name: us-gaap_Depreciation

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of increase (decrease) in carrying value of assets, excluding financial assets and goodwill, lacking physical substance with a finite life.
+ References
No definition available.
+ Details

Name: us-gaap_FiniteLivedIntangibleAssetsPeriodIncreaseDecrease

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

+ Details

Name: us-gaap_GainLossOnSaleOfPropertyPlantEquipment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4297-108586

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 25

-Subparagraph (f)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3536-108585

+ Details

Name: us-gaap_IncomeTaxesPaid

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInAccountsReceivable

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInInventories

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_IncreaseDecreaseInOtherOperatingAssetsAndLiabilitiesNetAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The increase (decrease) during the reporting period of the amount of revenue for work performed for which billing has not occurred, net of uncollectible accounts.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInUnbilledReceivables

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The amount of cash paid for interest during the period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4297-108586

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 25

-Subparagraph (e)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3536-108585

+ Details

Name: us-gaap_InterestPaid

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The change in the inventory reserve representing the cumulative difference in cost between the first in, first out and the last in, first out inventory valuation methods, which change has been reflected in the statement of income during the period.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.6c)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.6a)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.6b)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 5

-Section L

+ Details

Name: us-gaap_InventoryLIFOReservePeriodCharge

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of the required periodic payments of both interest and principal.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19(b),22(b))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_LineOfCreditFacilityPeriodicPayment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3574-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3574-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 25

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3536-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: na

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=51831255

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.18)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.22)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=51831270

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 19

-Article 5

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 20

-Article 9

+ Details

Name: us-gaap_NetIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition
The cash inflow from the additional capital contribution to the entity.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 14

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3255-108585

+ Details

Name: us-gaap_ProceedsFromIssuanceOfCommonStock

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
Amount of cash inflow from contractual arrangement with the lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 14

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3255-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(f))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Name: us-gaap_ProceedsFromLinesOfCredit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The cash inflow from the sale of property, plant and equipment (capital expenditures), software, and other intangible assets.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 12

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3179-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Investing Activities

-URI http://asc.fasb.org/extlink&oid=6516133

+ Details

Name: us-gaap_ProceedsFromSaleOfProductiveAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 12

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3179-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Investing Activities

-URI http://asc.fasb.org/extlink&oid=6516133

+ Details

Name: us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition
The noncash expense that accounts for the value of stock or unit options distributed to employees as compensation.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

+ Details

Name: us-gaap_StockOptionPlanExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- References
No definition available.
+ Details

Name: us-gaap_SupplementalCashFlowInformationAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 61 R10.htm IDEA: XBRL DOCUMENT v3.2.0.727

5. Trademarks and Patents
6 Months Ended

Jun. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

5. Trademarks and Patents
5. Trademarks and Patents

Trademarks and patents consisted of the following:

June 30, December 31,

2015 2014

Trademarks $ 167,753 $ 168,789

Patents 26,236 24,835

Less: Accumulated amortization (63,328 ) (58,560 )

Trademarks and Patents, net $ 130,661 $ 135,064

Trademarks and patents consist of definite-lived trademarks and patents of $126,890 and $126,525 and indefinite-lived trademarks and patents of $67,099 and $67,099 at June 30, 2015 and December 31, 2014, respectively. All trademark and patent costs have been generated by the Company, and consist of legal and filing fees.

Amortization expense for the three months ended June 30, 2015 and 2014 was $2,382 and $2,399, respectively. Amortization expense for the six months ended June 30, 2015 and 2014 was $4,768 and $4,718, respectively.

X

- References
No definition available.
+ Details

Name: us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
The entire disclosure for all or part of the information related to intangible assets.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275

+ Details

Name: us-gaap_IntangibleAssetsDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 62 R27.htm IDEA: XBRL DOCUMENT v3.2.0.727

2. Accounting Policies - Revenue Disclosures (Details) - USD ($)
3 Months Ended 6 Months Ended

Jun. 30, 2015

Jun. 30, 2014

Jun. 30, 2015

Jun. 30, 2014

Net Sales $ 5,171,967 $ 4,819,252 $ 9,739,649 $ 9,895,587

Gloves

Net Sales 5,149,391 4,805,594 9,709,226 9,813,596

Apparel

Net Sales 22,576 13,658 30,423 81,991

Domestic

Net Sales 4,734,467 3,539,387 8,192,525 7,542,641

Domestic | Gloves

Net Sales 4,711,891 3,526,468 8,162,102 7,461,389

Domestic | Apparel

Net Sales 22,576 12,919 30,423 81,252

International

Net Sales 437,500 1,279,865 1,547,124 2,352,946

International | Gloves

Net Sales $ 437,500 1,279,126 $ 1,547,124 2,352,207

International | Apparel

Net Sales $ 739 $ 739

X

- Definition
Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.1(a))

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

+ Details

Name: us-gaap_SalesRevenueGoodsNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=ICPW_GlovesMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=ICPW_ApparelMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_StatementGeographicalAxis=us-gaap_DomesticCountryMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_StatementGeographicalAxis=us-gaap_ForeignCountryMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 63 FilingSummary.xml IDEA: XBRL DOCUMENT 3.2.0.727 html 96 237 1 false 26 0 false 5 false false R1.htm 00000001 - Document - Document and Entity Information Sheet http://ICPW/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 00000002 - Statement - Balance Sheets (Unaudited) Sheet http://ICPW/role/BalanceSheets Balance Sheets (Unaudited) Statements 2 false false R3.htm 00000003 - Statement - Balance Sheets (Parenthetical) Sheet http://ICPW/role/BalanceSheetsParenthetical Balance Sheets (Parenthetical) Statements 3 false false R4.htm 00000004 - Statement - Statements of Operations (Unaudited) Sheet http://ICPW/role/StatementsOfOperations Statements of Operations (Unaudited) Statements 4 false false R5.htm 00000005 - Statement - Statements of Cash Flows (Unaudited) Sheet http://ICPW/role/StatementsOfCashFlows Statements of Cash Flows (Unaudited) Statements 5 false false R6.htm 00000006 - Disclosure - 1. Description of Business Sheet http://ICPW/role/DescriptionOfBusiness 1. Description of Business Notes 6 false false R7.htm 00000007 - Disclosure - 2. Accounting Policies Sheet http://ICPW/role/AccountingPolicies 2. Accounting Policies Notes 7 false false R8.htm 00000008 - Disclosure - 3. Inventory Sheet http://ICPW/role/Inventory 3. Inventory Notes 8 false false R9.htm 00000009 - Disclosure - 4. Property and Equipment Sheet http://ICPW/role/PropertyAndEquipment 4. Property and Equipment Notes 9 false false R10.htm 00000010 - Disclosure - 5. Trademarks and Patents Sheet http://ICPW/role/TrademarksAndPatents 5. Trademarks and Patents Notes 10 false false R11.htm 00000011 - Disclosure - 6. Accounts Payable and Accrued Expenses Sheet http://ICPW/role/AccountsPayableAndAccruedExpenses 6. Accounts Payable and Accrued Expenses Notes 11 false false R12.htm 00000012 - Disclosure - 7. Bank Lines of Credit Sheet http://ICPW/role/BankLinesOfCredit 7. Bank Lines of Credit Notes 12 false false R13.htm 00000013 - Disclosure - 8. Equity Transactions Sheet http://ICPW/role/EquityTransactions 8. Equity Transactions Notes 13 false false R14.htm 00000014 - Disclosure - 9. Income Taxes Sheet http://ICPW/role/IncomeTaxes 9. Income Taxes Notes 14 false false R15.htm 00000015 - Disclosure - 10. Commitments and Contingencies Sheet http://ICPW/role/CommitmentsAndContingencies 10. Commitments and Contingencies Notes 15 false false R16.htm 00000016 - Disclosure - 2. Accounting Policies (Policies) Sheet http://ICPW/role/AccountingPoliciesPolicies 2. Accounting Policies (Policies) Policies http://ICPW/role/AccountingPolicies 16 false false R17.htm 00000017 - Disclosure - 2. Accounting Policies (Tables) Sheet http://ICPW/role/AccountingPoliciesTables 2. Accounting Policies (Tables) Tables http://ICPW/role/AccountingPolicies 17 false false R18.htm 00000018 - Disclosure - 3. Inventory (Tables) Sheet http://ICPW/role/InventoryTables 3. Inventory (Tables) Tables http://ICPW/role/Inventory 18 false false R19.htm 00000019 - Disclosure - 4. Property and Equipment (Tables) Sheet http://ICPW/role/PropertyAndEquipmentTables 4. Property and Equipment (Tables) Tables http://ICPW/role/PropertyAndEquipment 19 false false R20.htm 00000020 - Disclosure - 5. Trademarks and Patents (Tables) Sheet http://ICPW/role/TrademarksAndPatentsTables 5. Trademarks and Patents (Tables) Tables http://ICPW/role/TrademarksAndPatents 20 false false R21.htm 00000021 - Disclosure - 6. Accounts Payable and Accrued Expenses (Tables) Sheet http://ICPW/role/AccountsPayableAndAccruedExpensesTables 6. Accounts Payable and Accrued Expenses (Tables) Tables http://ICPW/role/AccountsPayableAndAccruedExpenses 21 false false R22.htm 00000022 - Disclosure - 8. Equity Transactions (Tables) Sheet http://ICPW/role/EquityTransactionsTables 8. Equity Transactions (Tables) Tables http://ICPW/role/EquityTransactions 22 false false R23.htm 00000023 - Disclosure - 9. Income Taxes (Tables) Sheet http://ICPW/role/IncomeTaxesTables 9. Income Taxes (Tables) Tables http://ICPW/role/IncomeTaxes 23 false false R24.htm 00000024 - Disclosure - 10. Commitments and Contingencies (Tables) Sheet http://ICPW/role/CommitmentsAndContingenciesTables 10. Commitments and Contingencies (Tables) Tables http://ICPW/role/CommitmentsAndContingencies 24 false false R25.htm 00000025 - Disclosure - 1. Description of Business (Details Narrative) Sheet http://ICPW/role/DescriptionOfBusinessDetailsNarrative 1. Description of Business (Details Narrative) Details http://ICPW/role/DescriptionOfBusiness 25 false false R26.htm 00000026 - Disclosure - 2. Accounting Policies - Accounts Receivable (Details) Sheet http://ICPW/role/AccountingPolicies-AccountsReceivableDetails 2. Accounting Policies - Accounts Receivable (Details) Details 26 false false R27.htm 00000027 - Disclosure - 2. Accounting Policies - Revenue Disclosures (Details) Sheet http://ICPW/role/AccountingPolicies-RevenueDisclosuresDetails 2. Accounting Policies - Revenue Disclosures (Details) Details 27 false false R28.htm 00000028 - Disclosure - 2. Accounting Policies - Product Returns, Allowances and Adjustments (Details) Sheet http://ICPW/role/AccountingPolicies-ProductReturnsAllowancesAndAdjustmentsDetails 2. Accounting Policies - Product Returns, Allowances and Adjustments (Details) Details 28 false false R29.htm 00000029 - Disclosure - 2. Accounting Policies - Earnings (Loss) Per Share (Details) Sheet http://ICPW/role/AccountingPolicies-EarningsLossPerShareDetails 2. Accounting Policies - Earnings (Loss) Per Share (Details) Details 29 false false R30.htm 00000030 - Disclosure - 2. Accounting Policies - Earnings Per Share, Anti-Dilutive Common Shares (Details) Sheet http://ICPW/role/AccountingPolicies-EarningsPerShareAnti-dilutiveCommonSharesDetails 2. Accounting Policies - Earnings Per Share, Anti-Dilutive Common Shares (Details) Details 30 false false R31.htm 00000031 - Disclosure - 2. Accounting Policies (Details Narrative) Sheet http://ICPW/role/AccountingPoliciesDetailsNarrative 2. Accounting Policies (Details Narrative) Details http://ICPW/role/AccountingPoliciesTables 31 false false R32.htm 00000032 - Disclosure - 3. Inventory - Inventory (Details) Sheet http://ICPW/role/Inventory-InventoryDetails 3. Inventory - Inventory (Details) Details 32 false false R33.htm 00000033 - Disclosure - 3. Inventory (Details Narrative) Sheet http://ICPW/role/InventoryDetailsNarrative 3. Inventory (Details Narrative) Details http://ICPW/role/InventoryTables 33 false false R34.htm 00000034 - Disclosure - 4. Property and Equipment - Property and Equipment (Details) Sheet http://ICPW/role/PropertyAndEquipment-PropertyAndEquipmentDetails 4. Property and Equipment - Property and Equipment (Details) Details 34 false false R35.htm 00000035 - Disclosure - 4. Property and Equipment (Details Narrative) Sheet http://ICPW/role/PropertyAndEquipmentDetailsNarrative 4. Property and Equipment (Details Narrative) Details http://ICPW/role/PropertyAndEquipmentTables 35 false false R36.htm 00000036 - Disclosure - 5. Trademarks and Patents - Trademarks and Patents (Details) Sheet http://ICPW/role/TrademarksAndPatents-TrademarksAndPatentsDetails 5. Trademarks and Patents - Trademarks and Patents (Details) Details 36 false false R37.htm 00000037 - Disclosure - 5. Trademarks and Patents (Details Narrative) Sheet http://ICPW/role/TrademarksAndPatentsDetailsNarrative 5. Trademarks and Patents (Details Narrative) Details http://ICPW/role/TrademarksAndPatentsTables 37 false false R38.htm 00000038 - Disclosure - 6. Accounts Payable and Accrued Expenses - Accounts Payable and Accrued Expenses (Details) Sheet http://ICPW/role/AccountsPayableAndAccruedExpenses-AccountsPayableAndAccruedExpensesDetails 6. Accounts Payable and Accrued Expenses - Accounts Payable and Accrued Expenses (Details) Details 38 false false R39.htm 00000039 - Disclosure - 7. Bank Lines of Credit (Details Narrative) Sheet http://ICPW/role/BankLinesOfCreditDetailsNarrative 7. Bank Lines of Credit (Details Narrative) Details http://ICPW/role/BankLinesOfCredit 39 false false R40.htm 00000040 - Disclosure - 8. Equity Transactions - Warrant Activity (Details) Sheet http://ICPW/role/EquityTransactions-WarrantActivityDetails 8. Equity Transactions - Warrant Activity (Details) Details 40 false false R41.htm 00000041 - Disclosure - 8. Equity Transactions - Fair Value of Stock Options (Details) Sheet http://ICPW/role/EquityTransactions-FairValueOfStockOptionsDetails 8. Equity Transactions - Fair Value of Stock Options (Details) Details 41 false false R42.htm 00000042 - Disclosure - 8. Equity Transactions - Stock Option Activity (Details) Sheet http://ICPW/role/EquityTransactions-StockOptionActivityDetails 8. Equity Transactions - Stock Option Activity (Details) Details 42 false false R43.htm 00000043 - Disclosure - 8. Equity Transactions - Stock Options Outstanding, Information (Details) Sheet http://ICPW/role/EquityTransactions-StockOptionsOutstandingInformationDetails 8. Equity Transactions - Stock Options Outstanding, Information (Details) Details 43 false false R44.htm 00000044 - Disclosure - 8. Equity Transactions - Non-Vested Stock Options (Details) Sheet http://ICPW/role/EquityTransactions-Non-vestedStockOptionsDetails 8. Equity Transactions - Non-Vested Stock Options (Details) Details 44 false false R45.htm 00000045 - Disclosure - 8. Equity Transactions (Details Narrative) Sheet http://ICPW/role/EquityTransactionsDetailsNarrative 8. Equity Transactions (Details Narrative) Details http://ICPW/role/EquityTransactionsTables 45 false false R46.htm 00000046 - Disclosure - 9. Income Taxes - Income Taxes (Details) Sheet http://ICPW/role/IncomeTaxes-IncomeTaxesDetails 9. Income Taxes - Income Taxes (Details) Details 46 false false R47.htm 00000047 - Disclosure - 9. Income Taxes (Details Narrative) Sheet http://ICPW/role/IncomeTaxesDetailsNarrative 9. Income Taxes (Details Narrative) Details http://ICPW/role/IncomeTaxesTables 47 false false R48.htm 00000048 - Disclosure - 10. Commitments and Contingencies - Commitments and Contingencies (Details) Sheet http://ICPW/role/CommitmentsAndContingencies-CommitmentsAndContingenciesDetails 10. Commitments and Contingencies - Commitments and Contingencies (Details) Details 48 false false R49.htm 00000049 - Disclosure - 10. Commitments and Contingencies (Details Narrative) Sheet http://ICPW/role/CommitmentsAndContingenciesDetailsNarrative 10. Commitments and Contingencies (Details Narrative) Details http://ICPW/role/CommitmentsAndContingenciesTables 49 false false All Reports Book All Reports In ''Balance Sheets (Unaudited)'', column(s) 3, 4 are contained in other reports, so were removed by flow through suppression. In ''Balance Sheets (Parenthetical)'', column(s) 4, 8, 9 are contained in other reports, so were removed by flow through suppression. In ''Statements of Cash Flows (Unaudited)'', column(s) 1, 2 are contained in other reports, so were removed by flow through suppression. icpw-20150630.xml icpw-20150630_cal.xml icpw-20150630_def.xml icpw-20150630_lab.xml icpw-20150630_pre.xml icpw-20150630.xsd true true XML 64 R38.htm IDEA: XBRL DOCUMENT v3.2.0.727

6. Accounts Payable and Accrued Expenses - Accounts Payable and Accrued Expenses (Details) - USD ($)

Jun. 30, 2015

Dec. 31, 2014

Payables and Accruals [Abstract]

Accounts payable $ 1,878,073 $ 1,770,620

Accrued rebates and co-op 126,545 202,805

Customer deposits 167,332 167,410

Accrued returns reserve 75,000 75,000

Accrued expenses - other 374,656 373,788

Total accounts payable and accrued expenses $ 2,621,606 $ 2,589,623

X

- Definition
Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.15(1),(5))

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.15)

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

+ Details

Name: us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_AccountsPayableCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Carrying value as of the balance sheet date of obligations incurred through that date and payable for rebates of an exchange fee some mutual funds impose on shareholders if they exchange (transfer) to another fund within the same fund group. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6935-107765

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.20)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Current Liabilities

-URI http://asc.fasb.org/extlink&oid=6509677

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6911-107765

+ Details

Name: us-gaap_AccruedExchangeFeeRebateCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.15(5))

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.15(a))

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

+ Details

Name: us-gaap_AccruedLiabilitiesCurrentAndNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition
The current portion, due within one year or one operating cycle, if longer, of deposits held other than customer deposits.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.20)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_DepositLiabilityCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- References
No definition available.
+ Details

Name: us-gaap_PayablesAndAccrualsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Carrying value as of the balance sheet date of obligations incurred through that date and due after one year (or beyond the operating cycle if longer) for estimated claims under standard and extended warranty protection rights granted to customers.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 450

-SubTopic 20

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14394-108349

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.24)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 450

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=25496072&loc=d3e14326-108349

+ Details

Name: us-gaap_ProductWarrantyAccrualNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

XML 65 R20.htm IDEA: XBRL DOCUMENT v3.2.0.727

5. Trademarks and Patents (Tables)
6 Months Ended

Jun. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Trademarks and Patents

June 30, December 31,

2015 2014

Trademarks $ 167,753 $ 168,789

Patents 26,236 24,835

Less: Accumulated amortization (63,328 ) (58,560 )

Trademarks and Patents, net $ 130,661 $ 135,064

X

- References
No definition available.
+ Details

Name: us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition
Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

+ Details

Name: us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

4. Property and Equipment - Property and Equipment (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Property and Equipment, Gross	$ 1,009,771	$ 932,629
Less: Accumulated depreciation	(704,013)	(641,953)
Property and equipment, net	305,758	290,676
Computer equipment and software
Property and Equipment, Gross	573,693	507,640
Office furniture and equipment
Property and Equipment, Gross	264,030	255,085
Leasehold improvements
Property and Equipment, Gross	$ 172,048	$ 169,904

2. Accounting Policies - Accounts Receivable (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Accounting Policies [Abstract]
Accounts receivable	$ 5,356,692	$ 6,313,032
Less - allowance for doubtful accounts	(30,000)	(30,000)
Net accounts receivable	$ 5,326,692	$ 6,283,032

Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
Statements of Cash Flows (Unaudited) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (268,816)	$ (773,006)
Adjustments to reconcile net loss (used) provided by operating activities:
Allowance for (recovery of) bad debts		(18,000)
Depreciation	$ 62,060	53,777
Amortization	$ 4,768	4,718
Inventory reserve (recoveries)		(73,200)
Stock option expense	$ 174,895	157,116
Gain on disposition of equipment		105
Changes in operating assets and liabilities:
Accounts receivable	$ 956,340	3,430,599
Inventory	(1,755,235)	(857,625)
Deposits on inventory	382,771	(155,950)
Prepaid and other	(244,909)	(301,073)
Accounts payable and accrued expenses	31,985	1,179,992
Net cash flows (used) provided by operating activities	(656,141)	2,647,243
CASH FLOWS FROM INVESTING ACTIVITIES
Property, plant and equipment purchased	$ (77,142)	(39,249)
Proceeds from sale of assets		233
Investment in trademarks	$ (364)	(6,300)
Net cash flows used in investing activities	(77,506)	(45,316)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock	10,002	16,021
Proceeds from bank line of credit	7,494,911	905,497
Payments to bank line of credit	(6,820,563)	(3,074,908)
Net cash flows provided (used) by financing activities	684,350	(2,153,390)
NET INCREASE (DECREASE) IN CASH	(49,297)	448,537
CASH AND CASH EQUIVALENTS BEGINNING OF PERIOD	340,903	313,750
CASH AND CASH EQUIVALENTS END OF PERIOD	291,606	762,287
SUPPLEMENTAL DISCLOSURES
Interest paid in cash	$ 34,942	$ 6,913
Income taxes paid in cash

6. Accounts Payable and Accrued Expenses - Accounts Payable and Accrued Expenses (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Payables and Accruals [Abstract]
Accounts payable	$ 1,878,073	$ 1,770,620
Accrued rebates and co-op	126,545	202,805
Customer deposits	167,332	167,410
Accrued returns reserve	75,000	75,000
Accrued expenses - other	374,656	373,788
Total accounts payable and accrued expenses	$ 2,621,606	$ 2,589,623