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WARRANTY RESERVE
3 Months Ended
Mar. 31, 2012
WARRANTY RESERVE  
WARRANTY RESERVE

4. WARRANTY RESERVE

 

The Company has determined that replacement of certain components in its meters may be necessary and estimates the potential cost of this component replacement to be about $10 per meter and would not exceed $55,000 in total.  As of March 31, 2012 and December 31, 2011, warranty reserves were $50,000 and are included in accrued liabilities in the accompanying financial statements.