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20. Subsequent Event
12 Months Ended
Dec. 31, 2012
Subsequent Events [Abstract]  
20. Subsequent Event

The Company has evaluated events that occurred subsequent to December 31, 2012 through the date these financial statements were issued for matters that required disclosure or adjustment in these financial statements.

 

Dividends Declared and Paid

 

On February 22, 2013, the Company’s board of directors approved a dividend of $.04 per share, or $153,636, payable in cash on March 15, 2013 to stockholders of record as of March 7, 2013.

 

Bank Line of Credit

 

On March 6, 2013, the bank line of credit, which had an outstanding balance of $550,000, was paid in full.