Investment In KSP

6 Months Ended

Jun. 30, 2011

Investment In KSP

Investment In KSP

Note 6. Investment in KSP:

Changes in our investment in KSP during the six months ended June 30, 2011 were as follows:

Investment in KSP at January 1, 2011	$	23,663
Equity in net loss of KSP		(1,952)
Currency translation adjustment		557
Investment in KSP at June 30, 2011	$	22,268

Condensed statement of operations information of KSP is presented below.

	Three months ended June 30,				Six months ended June 30,
Condensed statement of operations information	2011		2010		2011		2010
Net revenues	$	-	$	-	$	-	$	-
Gross profit		-		-		-		-
Net loss		(1,369)		(549)		(3,057)		(1,097)

During the three and six months ended June 30, 2011, KSP's development activities increased, as initial batch validation activities were initiated at its manufacturing facility.