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LINE OF CREDIT
12 Months Ended
Sep. 30, 2011
Debt  
Schedule of Line of Credit Facilities [Table Text Block]

NOTE 3 - LINE OF CREDIT

 

The Company has a revolving line of credit for $500,000 with Santa Lucia Bank, expiring March 2012. The interest rate is variable at one percent over West Coast Prime with an initial rate of 6.00 percent at September 30, 2011. The purpose of the line of credit is to augment operating cash needs in off-season months. There were no outstanding amounts as of September 30, 2011 or 2010.