SHAREHOLDERS' EQUITY

3 Months Ended

Dec. 31, 2012

Stockholders Equity Note [Abstract]

SHAREHOLDERS' EQUITY

NOTE 5    SHAREHOLDERS’ EQUITY

Anti-takeover Provisions

The Company is authorized to issue up to 4,000,000 shares of "blank check" preferred stock. The Board of Directors has the authority and discretion, without shareholder approval, to issue preferred stock in one or more series for any consideration it deems appropriate, and to fix the relative rights and preferences thereof including their redemption, dividend and conversion rights.

Stock Repurchase

In September 2002 and January 2004, the Company’s Board of Directors authorized the repurchase of up to an aggregate of 486,200 shares of outstanding common stock. Under those authorizations, as of December 31, 2012, the Company had repurchased an aggregate of 172,603 shares at a cost of approximately $403,000, but none during the three-month periods ended December 31, 2012 and 2011.

Changes in Shareholders’ Equity

Changes in shareholders’ equity for the three-month period ended December 31, 2012 are summarized below:

		Common Stock				Treasury Stock
	Total	Number of Shares	Par Value	Additional Paid-in Capital	Accumulated Deficit	Number of Shares	Amount	Accumulated Other Comprehensive Loss
Balance at September 30, 2012	$9,187,963	8,811,595	$88,116	$17,020,771	$(6,624,926)	706,410	$(1,260,057)	$(35,941)
Share-based compensation	103,298	7,500	75	103,223	--	--	--	--
Comprehensive loss:
Foreign currency translation	5,615	--	--	--	--	--	--	5,615
Net reclassification of adjustment on marketable securities	23,744	--	--	--	--	--	--	23,744
Net income	138,765	--	--	--	138,765	--	--	--
Total Comprehensive Income	168,124
Balance at December 31, 2012	$9,459,385	8,819,095	$88,191	$17,123,994	$(6,486,161)	706,410	$(1,260,057)	$(6,582)