FORM 10-Q Quarterly Report

0001078782-14-002260.txt : 20141212 0001078782-14-002260.hdr.sgml : 20141212 20141212140856 ACCESSION NUMBER: 0001078782-14-002260 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 9 CONFORMED PERIOD OF REPORT: 20141031 FILED AS OF DATE: 20141212 DATE AS OF CHANGE: 20141212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARBOR ENTECH CORP CENTRAL INDEX KEY: 0000710782 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 222335094 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-30432 FILM NUMBER: 141283118 BUSINESS ADDRESS: STREET 1: RD 1 STREET 2: BOX 1076 CITY: LITTLE MARSH STATE: PA ZIP: 16931 BUSINESS PHONE: 5703763217 MAIL ADDRESS: STREET 1: RD 1 BOX 1076 CITY: LITTLE MARSH STATE: PA ZIP: 16931 FORMER COMPANY: FORMER CONFORMED NAME: ARBOR ENERGY CORP DATE OF NAME CHANGE: 19840618 10-Q 1 f10q103114_10q.htm FORM 10-Q QUARTERLY REPORT FORM 10-Q Quarterly Report

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 10-Q

QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


For the Quarter Ended		Commission File Number
October 31, 2014		000-30432

ARBOR ENTECH CORPORATION


State of Incorporation		IRS Employer Identification
Delaware		22-2335094

2295 N.W. Corporate Blvd., Suite 230, Boca Raton, FL 33431

Telephone (561) 245-8347

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X . No .

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate web site , if any, every Interactive Data File required to be submitted an posted pursuant to Rule 405 of regulation ST (Sec. 232.405) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes X . No .

The number of shares outstanding of registrant’s common stock at October 31, 2014 was 7,350,540 shares.

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See definition of “accelerated filer,” “large accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.


Large accelerated filer	.	Accelerated filer	.
Non-accelerated filer	. (Do not check if a smaller reporting company)	Smaller reporting company	X .

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act.) Yes X . No .

ARBOR ENTECH CORPORATION

INDEX


		Page
PART I.	Financial Information

Item 1.	Financial Statements	3

	Condensed Balance Sheets – October 31, 2014 (unaudited) and April 30, 2014	3

	Condensed Statements of Operations – Three and Six Months Ended October 31, 2014 (unaudited) and 2013 (unaudited)	4

	Condensed Statements of Cash Flows – Six Months Ended October 31, 2014 (unaudited) and 2013 (unaudited)	6

	Notes to Condensed Financial Statements	7

Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	8

Item 3.	Quantitative and Qualitative Disclosures About Market Risk	9

Item 4.	Controls and Procedures	9

PART II.	Other Information

Item 1.	Legal Proceedings	10

Item 1A.	Risk Factors	10

Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	10

Item 3.	Defaults on Senior Securities	10

Item 4.	Mine Safety Disclosures	10

Item 5.	Other Information	10

Item 6.	Exhibits	10

ARBOR ENTECH CORPORATION

CONDENSED BALANCE SHEETS


		October 31, 2014		April 30, 2014
ASSETS		(Unaudited)

Current Assets:
Cash and Cash Equivalents	$	272,932	$	272,087
Due to Related Parties		−		12,200
Total Current Assets		272,932		284,287

Total Assets	$	272,932	$	284,287

LIABILITIES AND STOCKHOLDERS’ EQUITY

Total Liabilities	$	−	$	−

Commitments and Contingencies

Stockholders’ Equity:
Preferred Stock, $.001 Par Value; 1,000,000 Shares Authorized; None Issued and Outstanding;		−		−
Common Stock, $.001 Par Value; 100,000,000 Shares Authorized; 7,350,540 Shares Issued and Outstanding		7,350		7,350
Additional Paid-In Capital		2,372,640		2,372,640
Retained Deficit		(2,107,058)		(2,095,703)

Total Stockholders’ Equity		272,932		284,287
Total Liabilities and Stockholders’ Equity	$	272,932	$	284,287

See accompanying notes to condensed financial statements.

ARBOR ENTECH CORPORATION

CONDENSED STATEMENTS OF OPERATIONS


		Three Months Ended
		(Unaudited)
		October 31,
		2014		2013

Net Sales	$	−	$	−

Costs and Expenses:
Selling, General and Administrative Expenses		3,370		3,325

Loss from Operations		(3,370)		(3,325)
Other Income:
Interest		67		73

Net Loss	$	(3,303)	$	(3,252)

Loss Per Common Share – Basic and Diluted	$	−	$	−

Weighted Average Shares Outstanding		7,350,540		7,350,540

See accompanying notes to condensed financial statements.

ARBOR ENTECH CORPORATION

CONDENSED STATEMENTS OF OPERATIONS


		Six Months Ended
		(Unaudited)
		October 31,
		2014		2013
Net Sales	$	−	$	−

Costs and Expenses:
Selling, General and Administrative Expenses		11,490		14,884

Loss from Operations		(11,490)		(14,884)
Other Income:
Interest		135		150

Net Loss	$	(11,355)	$	(14,734)

Loss Per Common Share – Basic and Diluted	$	−	$	−

Weighted Average Shares Outstanding		7,350,540		7,350,540

See accompanying notes to condensed financial statements.

ARBOR ENTECH CORPORATION

CONDENSED STATEMENTS OF CASH FLOWS


		Six Months Ended
		(Unaudited)
		October 31,
		2014		2013
Cash Flows from Operating Activities:
Net Loss	$	(11,355)	$	(14,734)

Changes in Operating Assets and Liabilities:
Decrease in Due from Related Party		12,200		−

Net Cash Provided by (Used in) Operating Activities		845		(14,734)

Increase (Decrease) in Cash and Cash Equivalents		845		(14,734)

Cash and Cash Equivalents – Beginning of Period		272,087		305,904

Cash and Cash Equivalents – End of Period	$	272,932	$	291,170

Supplemental Cash Flow Information:
Cash Paid for Interest	$	−	$	−

Cash Paid for Income Taxes	$	−	$	−

See accompanying notes to condensed financial statements.

ARBOR ENTECH CORPORATION

NOTES TO CONDENSED FINANCIAL STATEMENTS

(A)

The condensed balance sheet at April 30, 2014 was derived from audited financial statements but does not include all disclosures required by accounting principles generally accepted in the United States of America. The interim condensed financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission from the accounts of Arbor Entech Corporation (the “Company”) without audit; however, in the opinion of management, the information presented reflects all adjustments of a normal recurring nature which are necessary to present fairly the Company’s financial position and results of operations and cash flows for the periods presented. It is recommended that these condensed financial statements be read in conjunction with the financial statements and the notes thereto included in the Company’s fiscal year 2014 Annual Report on Form 10-K filed on July 29, 2014 and other financial reports filed by the Company from time to time.

(B)

SIGNIFICANT ACCOUNTING POLICIES

Cash and Cash Equivalents

The Company considers all highly liquid short-term investments with a maturity of three months or less at time of purchase to be cash equivalents.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

ARBOR ENTECH CORPORATION

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

This report may contain “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934 (including any statements regarding the Company’s outlook for fiscal 2013 and beyond). Any forward looking statements are subject to a number of risks and uncertainties. These include, among other risks and uncertainties, without limitation, the lack of any current business operation, the possible failure to identify a suitable acquisition candidate, and specific risks which may be associated with any new business or acquisition that we may acquire.

In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “could,” “would,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “projects,” “predicts,” “potential” and similar expressions intended to identify forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by such forward-looking statements. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Also, these forward-looking statements represent our estimates and assumptions only as of the date of this report. Except as otherwise required by law, we expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained in this report to reflect any change in our expectations or any change in events, conditions or circumstances on which any of our forward-looking statements are based. We qualify all of our forward-looking statements by these cautionary statements.

Critical Accounting Policies and Significant Judgments and Estimates

The Securities and Exchange Commission ("SEC") issued disclosure guidance for "critical accounting policies." The SEC defines "critical accounting policies" as those that require the application of management's most difficult, subjective or complex judgments, often as a result of the need to make estimates about the effect of matters that are inherently uncertain and may change in subsequent periods.

Our significant accounting policies are described in the Notes to these financial statements. Currently, based on the Company’s limited activity, we do not believe that there are any accounting policies that require the application of difficult, subjective or complex judgments.

Historical Background

Historically, we were a wood products company that had been in business since 1980. Our business fluctuated over the years. We were almost wholly dependent on sales to The Home Depot, Inc. As discussed below in “Discontinued Operations,” on September 2, 2003, we discontinued our wood products business.

We previously disclosed that we were in discussions with respect to a potential acquisition of an early stage, privately-held pre-revenue web portal company. These discussions are no longer ongoing. Currently, we are seeking other business opportunities, but there can be no assurance that such opportunities will be identified, capitalized upon, or result in any profits.

Results of Operations

Since we discontinued our wood products business in 2003, we have had no sales revenue, including during the three months and six months ended October 31, 2014. Selling, general and administrative expenses were $3,370 for the quarter ended October 31, 2014, as compared to $3,325 for the comparable prior period. For the six months ended October 31, 2014, selling, general and administrative expenses were $11,490, as compared to $14,884 for the comparable prior period. The changes in operating expenses were primarily due to changes in filing and professional fees.

For the quarter ended October 31, 2014, we had a net loss of $3,303 compared to a net loss of $3,252 for the comparable prior period. For the six months ended October 31, 2014, we had a net loss of $11,355, compared to a net loss of $14,734, for the comparable prior period. The changes in net loss were primarily due to changes in professional fees.

Discontinued Operations

On September 2, 2003, we terminated our business relationship with Home Depot due to increased difficulties in transacting business with such company on a profitable basis. These difficulties included Home Depot’s prohibition against price increases, despite increases in our costs of production, a diminution in the Home Depot territories to which we were allowed to sell product, and Home Depot’s demands regarding returns of ordered products that we were unwilling to accede to for economic reasons. The sale of our real estate resulted in a gain of approximately $186,000 for the year ended April 30, 2005.

Liquidity and Capital Resources

At October 31, 2014, we had working capital of $272,932, compared to working capital of $284,287 at April 30, 2014.

As of October 31, 2014, we had cash and cash equivalents of $272,932, an increase of $845, compared with our cash on hand at April 30, 2014. Our assets at October 31, 2014 consisted solely of cash.

Operating activities provided $845 in cash for the six months ended October 31, 2014, as compared to used $14,734 during the comparable prior period.

Since terminating our wood products business in September 2003, due to limited cash resources and a limited and sporadic trading market for our Common Stock, among other reasons, we have been unable to find a suitable business opportunity or merger candidate. Nevertheless, we continue to seek business opportunities, including potential acquisition candidates.

During the remainder of fiscal 2015, we do not anticipate that we will incur any capital expenditures.

We anticipate that our operating activities will generate negative net cash flow during the balance of fiscal 2015. We believe that the cash on hand will be sufficient for meeting our liquidity and capital resource needs for the next year.

Off-Balance Sheet Transactions

We do not have any transactions, agreements or other contractual arrangements that constitute off-balance sheet arrangements.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

This Item is not applicable because we are a “smaller reporting company,” as defined by applicable SEC regulation.

ITEM 4. CONTROLS AND PROCEDURES

Management’s Report on Disclosure Controls and Procedures. We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in our Securities Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to our management, including our President/Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. In designing and evaluating the disclosure controls and procedures, we recognized that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, as ours are designed to do, and we necessarily were required to apply our judgment in evaluating the cost-benefit relationship of possible changes or additions to our controls and procedures.

As of October 31, 2014, we carried out an evaluation, under the supervision and with the participation of our management, including our President/Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934. Based upon that evaluation, our President/Chief Financial Officer concluded that our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, provide a reasonable level of assurance that they are effective in enabling us to record, process, summarize and report information required to be included in our periodic SEC filings within the required time period.

Changes in Internal control Over Financial Reporting. There have been no changes in our internal control over financial reporting that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

None

ITEM 1A. RISK FACTORS

This Item is not applicable because we are a “smaller reporting company,” as defined by applicable SEC regulation.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

Not applicable.

ITEM 3. DEFAULTS ON SENIOR SECURITIES

None

ITEM 4. MINE SAFETY DISCLOSURES

Not applicable.

ITEM 5. OTHER INFORMATION

Not applicable.

ITEM 6. EXHIBITS

3(a)

Articles of Incorporation, previously filed as an exhibit to the Company's Registration Statement on Form 10-SB (SEC File No. 0-30432) filed on or about July 30, 1999, and incorporated herein by this reference.

3(b)

By-laws of the Company, previously filed as an exhibit to Amendment No. 1 to the Company's Registration Statement on Form 10-SB (SEC File No. 01-15207) filed on or about August 2, 1999, and incorporated herein by this reference.

Form of common stock certificate, filed as the same exhibit number to our Form 10Q filed on March 17, 2009, and incorporated herein by this reference.

31.

Certification of the Principal Executive and Principal Financial Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) of the Securities Exchange Act of 1934, as amended.*

32.

Certification of the Principal Executive and Principal Financial Officer pursuant to U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.*

101.INS

XBRL Instance Document *

101.SCH

Document, XBRL Taxonomy Extension *

101.CAL

Calculation Linkbase, XBRL Taxonomy Extension Definition *

101.DEF

Linkbase,XBRL Taxonomy Extension Labels *

101.LAB

Linkbase, XBRL Taxonomy Extension *

101.PRE

Presentation Linkbase *

____________________

* Filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

ARBOR ENTECH CORPORATION

/s/ Brad Houtkin

Dated: December 12, 2014

Brad Houtkin

President and Principal Financial Officer

EX-31.1 2 f10q103114_ex31z1.htm EXHIBIT 31.1 SECTION 302 CERTIFICATION Exhibit 31.1 Section 302 Certification

EXHIBIT 31.1

CERTIFICATION PURSUANT TO

RULES 13a-14(a) AND 15d-14(a) UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

I, Brad Houtkin certify that:

I have reviewed this quarterly report on Form 10-Q of Arbor Entech Corporation;

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors:

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: December 12, 2014

/s/ Brad Houtkin

Brad Houtkin

Principal Executive Officer and Principal Financial Officer

EX-32.1 3 f10q103114_ex32z1.htm EXHIBIT 32.1 SECTION 906 CERTIFICATION Exhibit 32.1 Section 906 Certification

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350

In connection with the Quarterly Report of Arbor Entech Corporation (the “registrant”) on Form 10-Q for the quarter ended October 31, 2014 as filed with the Securities and Exchange Commission on the date hereof (the “report”), I, Brad Houtkin, Principal Executive Officer and Principal Financial Officer of the registrant, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

(1)

The report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(2)

The information contained in the report fairly presents, in all material respects, the financial condition and results of operations of the registrant.

December 12, 2014

/s/ Brad Houtkin

Brad Houtkin

Principal Executive Officer and Principal Financial Officer

EX-101.CAL 4 arbe-20141031_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 5 arbe-20141031_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.INS 6 arbe-20141031.xml XBRL INSTANCE DOCUMENT

3370

3325

11490

14884

-3370

-3325

-11490

-14884

135

150

-3303

-3252

-11355

-14734

0.00

7350540

(A) The condensed balance sheet at April 30, 2014 was derived from audited financial statements but does not include all disclosures required by accounting principles generally accepted in the United States of America. The interim condensed financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission from the accounts of Arbor Entech Corporation (the Company) without audit; however, in the opinion of management, the information presented reflects all adjustments of a normal recurring nature which are necessary to present fairly the Companys financial position and results of operations and cash flows for the periods presented. It is recommended that these condensed financial statements be read in conjunction with the financial statements and the notes thereto included in the Companys fiscal year 2014 Annual Report on Form 10-K filed on July 29, 2014 and other financial reports filed by the Company from time to time.

(B) SIGNIFICANT ACCOUNTING POLICIES   Cash and Cash Equivalents   The Company considers all highly liquid short-term investments with a maturity of three months or less at time of purchase to be cash equivalents.   Use of Estimates   The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents   The Company considers all highly liquid short-term investments with a maturity of three months or less at time of purchase to be cash equivalents.

Use of Estimates   The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

0.001

1000000

0.001

100000000

7350540

-11355

-14734

12200

845

-14734

845

-14734

272087

305904

272932

291170

272932

272087

12200

272932

284287

272932

284287

7350

2372640

-2107058

-2095703

272932

284287

272932

284287

10-Q 2014-10-31 false ARBE ARBOR ENTECH CORP 0000710782 --04-30 7350540 Smaller Reporting Company Yes No No 2015 Q2 0000710782 2014-05-01 2014-10-31 0000710782 2014-10-31 0000710782 2014-04-30 0000710782 2014-08-01 2014-10-31 0000710782 2013-08-01 2013-10-31 0000710782 2013-05-01 2013-10-31 0000710782 2013-04-30 0000710782 2013-10-31 iso4217:USD shares iso4217:USD shares

EX-101.LAB 7 arbe-20141031_lab.xml XBRL TAXONOMY EXTENSION LABELS LINKBASE DOCUMENT Net Loss Common Stock, shares outstanding Total Stockholders' Equity Document Fiscal Period Focus Entity Voluntary Filers Nature of Business: Selling, General and Administrative Expenses Preferred Stock, par value Retained Deficit Increase (Decrease) in Cash and Cash Equivalents Other Income: Loss from Operations Total Assets Due From Related Parties Entity Registrant Name Entity Trading Symbol Changes in Operating Assets and Liabilities: Revenue: Additional Paid-In Capital Stockholders' Equity: Total Current Assets ASSETS Current Fiscal Year End Date Decrease in Due from Related Party Common Stock, $.001 Par Value; 100,000,000 Shares Authorized; 7,350,540 Shares Issued and Outstanding Cash and Cash Equivalents Entity Current Reporting Status Cash and Cash Equivalents {1} Cash and Cash Equivalents Accounting Policies: Costs and Expenses: Preferred Stock, shares authorized Common Stock, shares authorized Net Cash Provided by (Used in) Operating Activities Weighted Average Shares Outstanding Total Liabilities and Stockholders' Equity LIABILITIES AND STOCKHOLDERS' EQUITY Entity Central Index Key Document Period End Date Document Type Parentheticals Amendment Flag SIGNIFICANT ACCOUNTING POLICIES {1} SIGNIFICANT ACCOUNTING POLICIES Interest Entity Filer Category Use of Estimates SIGNIFICANT ACCOUNTING POLICIES Net Sales Current Assets: Document Fiscal Year Focus Entity Common Stock, Shares Outstanding Cash Paid for Income Taxes Cash Paid for Interest Cash Flows from Operating Activities: Loss Per Common Share - Basic and Diluted Total Liabilities Entity Well-known Seasoned Issuer Nature of Business Supplemental Cash Flow Information: Document and Entity Information: Common Stock, par value Preferred Stock, $.001 Par Value; 1,000,000 Shares Authorized; None Issued and Outstanding; Commitments and Contingencies Cash and Cash Equivalents - Beginning of Period Cash and Cash Equivalents - Beginning of Period Cash and Cash Equivalents - End of Period Net Loss {1} Net Loss CASH FLOWS OPERATING ACTIVITIES: Common Stock, shares issued EX-101.PRE 8 arbe-20141031_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT EX-101.SCH 9 arbe-20141031.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 000050 - Statement - CONDENSED STATEMENTS OF CASH FLOWS link:presentationLink link:definitionLink link:calculationLink 000040 - Statement - CONDENSED STATEMENTS OF OPERATIONS link:presentationLink link:definitionLink link:calculationLink 000030 - Statement - CONDENSED BALANCE SHEETS PARENTHETICALS link:presentationLink link:definitionLink link:calculationLink 000060 - Disclosure - Nature of Business link:presentationLink link:definitionLink link:calculationLink 000080 - Disclosure - Accounting Policies (Policies) link:presentationLink link:definitionLink link:calculationLink 000010 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 000070 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES link:presentationLink link:definitionLink link:calculationLink 000020 - Statement - CONDENSED BALANCE SHEETS link:presentationLink link:definitionLink link:calculationLink EXCEL 10 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0`!@`(````(0`%;NW$?P$``$@(```3``@"6T-O;G1E;G1?5'EP97-= M+GAM;""B!`(HH``"```````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M``````````````````````````````````````#,ELMNPC`01?>5^@^1MU5B MH"U%%8%%'\L6J>T'N/&$6"2VY3$4_KX3\U"%4A`J4K.)E7CFWF,OYF8X7E9E MM`"'RNB4=9,.BT!G1BH]3=G'^W,\8!%ZH:4HC8:4K0#9>'1Y,7Q?6<"(NC6F MK/#>WG..60&5P,18T+23&U<)3Z]NRJW(9F(*O-?I]'EFM`?M8U]KL-'P$7(Q M+WWTM*3/:Q(');+H85U8>Z5,6%NJ3'@BY0LM]USBC4-"G:$&"V7QBC`8;W2H M=WXWV/2]TM4X)2&:".=?1$48?%GR+^-FG\;,DL,B#90FSU4&TF3SBFX@0>M` M2"P`?%4F84TJH?26^X!_*$8>ENZ90>KS!>$3.7HMX;AN"<=-2SAN6\+1;PG' M74LX!O_$X6E.`P_/OX^.('-D4*!?E8!G/NU:])AS(1S(-^\HT;%]XI)2;8M?[J+*+BQJZE/PC M8C0=3Q0+\>QRI9$P4P>J/OH\^;*W M-$UO>"_F?6*73HQ`GA,[RW;E0V8+J<_;J)I"RTF#%?.&PO7W)E;',O=V]R M:V)O;VLN>&UL+G)E;',@H@0!**```0`````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M``````````"\E%_H/1OI;M)$Y2(F=3"MFVZ0<(>_P@MF0TZL-_ MW\$$NX&@;HPV@AFA>X\&='4X_G1M\`4&&ZT$B\.(!:!R732J$NSC_/JT8P%: MJ0K9:@6"#8#LF#T^'-Z@E98.8=WT&)"*0L%J:_MGSC&OH9,8ZAX4[93:=-)2 M:2K>R_PB*^!)%*7<_-5@V8UF<"H$,Z>"_,]#3\[_:^NR;')XT?EG!\K>L>#? MVERP!K`D*DT%5K"IA7S&I+J_0$```$$```/````>&PO=V]R:V)O;VLN>&ULC)/= M;J,P$(7O5]IW0+[?0DC:;:,D%2%.@]0E4:'MI>4%$ZR"C6RS2=Z^`U%8M]J5 M>N6?\7R<.3/,[H]UY?QA2G,IYFATY2&'B4SF7.SGZ#E=_[A%CC94Y+22@LW1 MB6ETO_C^;7:0ZNVWE&\.`(2>H]*89NJZ.BM93?65;)B`2"%530TJ;98MKR!Z-_;&R%T,1>Z4D[." MMI5)H;P+'?SR)[Y_T[WLK'CA[*#_)G5'Y_C*12X/W5.P]C2>6Y* MB'N>-]QM&-^7YG()>-?B]P["=_K5$7UY%T<(=(I@8;@YD4B<26MBY'D%E M(^2H*8>-BO)1)]RFA-MXA>,$K\@R>`SB$)-D@W&:6/F^E>]_-9_L@B<<6Y2Q M1>F-_K>*)`U2_`O':4*V:[+=X:<@M2@3BS+YOY:/E#!(-F1M4<#TP9'KSY28 MFE8Q(@NR;#473&LK\\[*[(?`KB*)'N)H'85!G)(@#+?/<1K%#V2W?8S""%N4 M$]=O`,``/__`P!02P,$%``&``@````A`#[!(7#)`P``L0T``!@```!X;"]W M;W)K`L669E2\U:2FD2?+ MK_N"5?$V`]VOSB1.&N[ZX8H^ITG%.-N)$=!9,M%KS0MK80'3>I524(#;;E1D MYYN/SC)RQJ:U7M4;](>2$^_\-OB!G3Y7-/U&"P*[#3ZA`UO&GA'Z-<4AF&Q= MS7ZJ'?A1&2G9Q<=,_&2G+X3N#P+L]D`1"ENF;R'A">PHT(S&'C(E+(,$X-/( M*98&[$C\6G^?:"H.ONE.1][,=AV`&UO"Q1-%2M-(CERP_*\$.60#"9G7A:C%-CVQ ML"<6W8XI,N#\W"\#P:I+4ZVX`PF!A5NENDN#B'`0$?4A%'E351Y>%2[V6Z\YTP]3PV%.]#KMAQYDLM.F1$I_,YY;5:,U.5=O763T37D50AW:6M:;,TD#&'O:Z0Q5@`/*=&D:8C)S+S6CRL.W M=:<6[[M!'/F.5RY\S9C@C+E]X_<%P[Y@]$Y0%85O\8ZH_@.&G9I>@EKC$)PQ M\NZ8N9[M32[U4A_"S3`D'(9@IXS)W%Y(BI2=L.P8M-@`-XVM."&QG9P5+V:`8O MJDJVW/)!L++N7[=,0*M<_SS`7R,"G:,]`O".,=$\X`+MGZWU/P```/__`P!0 M2P,$%``&``@````A`"`N;$>8`P``)0T``!@```!X;"]W;W)KS+5RG-"/U86/_^?UP ML[`MQE&=H9+6>&._8&;?;C]_6I]H^\@*C+D%##7;V`7GS+PV1YU0TQ;M2XC[V8]0^LHM M/Z[H*Y*VE-&<.T#G*J'7,2_=I0M,VW5&(`)AN]7B?&/?^:O$CVUWNY8&_27X MQ"[>+5;0TY>69-])C<%MR)/(P)[21P']EHE_P63W:O:#S,#/ULIPCHXE_T5/ M7S$Y%!S2/8.(1&"K[.4>LQ0NO@'?8#'!!8.\$6$Z!.!ED\&D;>FOW M"4Q/.\CN&A+HB.0:$?H]Q`59O39P9KHV`8:4V-99F['R3D&B"TC4+RP#3,80 MFC189[HT`=[8P'V6%NH+[Q1D(3T-YL$R-+0G!L!;S'L&31A$-UV8`!O"#$=V M"A))84:N$S46RS$_@'8V+`EVQW1)`FQ(FO6T,DD[!5'+#GJE`191\)97\4>$ M";`A+#:$*;K_KX95>+C*:UZS##67UC M4)R>E`JUOC,ALOK["J+5O`M^;>S-C+R<&QEN* M6U)?GKI`T:NG"U2=7:LYLPF+*QT$T9DS=)3JB)$V#+=13=RT/BQG&2Z:C;C# MC)SW.F)(I+KHJLM<@P[X!VH/I&96B7/8)9XS!R-:=W'S5)7HD2LM9)WB*`@QXC63F:BW*?[U\WXPQ4@;6F>TE#5/\3/7^&;Y M\,WTFVKWAMO(GB)37`KPO1Z!>WBEUC5U&UVS<#)JL& M+#:B%.;9F6)4L?G#MI:*;DJ8]U,THNS%VPTN["O!E-0R-P'8$0]Z.><9F1%P M6BXR`3.PL2/%\Q3?1O/U%)/EPN7S6_"#/KM'NI"'STID7T7-(6QHDVW`1LJ= ME3YD]B$[WI?DA#U^XV!8&NIW`A.R\YMGS'=<,`@6;8)A8 M)R9+`(!O5`F[,B`0^N2N!Y&9(L7Q.$@F81R!'&VX-O?"6F+$]MK(ZH\714IT:>4EK;S"3J/7_9H6WN0]>%;_6^F%7?0D@Z:E_2A]2D\FC\`_";7T"W_1M56 MU!J5/(?W+@PFL"B4W_[]P,C&;68;:6#;=K<%G-(<=KHP`'$NI7D9V`/F=.XO M_P(``/__`P!02P,$%``&``@````A`'F3*A(-"```"!4``!0```!X;"]S:&%R M9613=')I;F=S+GAM;*Q8[6[;QA+]?X'[#@.A@!W`'W*<-&WCN*`E*E;C2HJH M-,C/-;FRMB%W5>[2'_=77^,"+=!GZ:/T2>Z9)27+7.DV%[@&#,OBS,[,F9DS MLSS[_K[(Z5:65AG]IG-RU.V0U*G)E+YYT_DP&QQ^TR'KA,Y$;K1\TWF0MO/] M^3__<6:M(^AJ^Z:S<&[YW?&Q31>R$/;(+*7&D[DI"^'P;WES;)>E%)E=2.F* M_/AYM_OU<2&4[E!J*NU@]^6+#E5:_5+)7OW-MR>=\S.KSL_<>=^D52&U(WA! ML7;*/=!0U\?#Z[-C=WYVS**U^-?TH]%N82&:R:S]=)RZ(SH].:#GW9,7[8=_ M8^F[MOQ>^XO&NZF\4=:5`CZ/1"';4GO1]&(\I7@TBWN7U!M/)VV)YIQ9*3@1 ME#P4UR9O"_$Q1CDXJ9] MRMY+H20TT?M1KRI+J--`V11'?)*B MW.GBWN%A]\7A:;=]QLH-4Q1&4^),^OF`DH4HI:5QY7Q]`^<=:@.5RY)Z@.3& ME*'K22%R%IC*I2D=IZMGBJ70@>3*BR:@1_G$"5?9MO6]3S+XKCGB)Y-7VHGR M`:C`=""V-S+MTQK-CS+/#S]KS]^<>??[1-^+Y9F#Q#Q<$-X.0> M`C`GI9Q+=&RV:K.OCKK=$T:*?A)Y)5_3R0%ZG7]7'1A5;F%*]2^9O:81*K(N MR,Q[N=&=K]O^<$2/[1S:J:WLLO3JX/1E]^#EB[4;O@T"JVVC498!7J.1X(E0 MV>%0@QF6"@EO2TZEPX@#$'TY5ZER[>=UQK:!NEUR([<>FB_1[.UJHTDTC4>S MRW@V[$57.[L*64.]+*13H-Z@'8)4+Y%DM$X5C(%`TM;<*]:9;X?\-+<[#WXJ M]C^>VH@KIK]@3]AZLMD]*QZ13F;1+/X1Z"8T'M!X$D^CV7`\V@GRZ1?O*Z=M ME*;R5NI*!DTXDHX2<%B0LIZQ3?O']]C2K`S9,,&$`"\]P@'QX5L- M8K3PR/5Y% MR24-KL8?=V;8SY5!;NZ>@H--(4J!IZ?K((>]A0`[6U)Z!2;+^PGF`]N@@T"W M+U/LVU:R,@\MGY+-H17L)@RP=W-2FEN%O9FN'S!K+3XH_6S3@[7';7R0TMKH M_LK\,[;_Q=-UIR#G$PNUUKQ;F3G5JT3;_']3YY5VIV)2+9>YY,'(0YMW`4[5 MY@TCP-=+,?T3;B&0W%ZT;2FN>)J)^[`M1]C_4+=P\:*RF!EAH8<2@5/[4;`5 MS182-RPLW>AT9%3D0J>2_#6,A",L32I?;TUT)RQAMJ/!$1>ALG1=.95)PB9,&1;UW%@$9*F4V!)X&4`UB=1?]CB) ML(OS@+HE+"#,,KE_+I=L#D4#CJ`/VAOGY1ARP`87D!*#Z(@X+,6@JV(CO*U> M+@3HZEI*#9L28P3'+ZO25GPU<\;;*2OV@UFNE#<5%CMF+;;'3B0RK4K?H%XB MOD]]6WJ^P>"`:`T5RS8!UKZ6UZB,&$ZF"PB7N!KX@VF?)?_Z]3<0UA)WA+]^ M_?T9W2DL0(#3X_V:%N8.O%X>K(`P2W`O#,&E0FB0%=?J@7=//5Z#.4"+!X@0 M*U@N4R9ZI$-D/U>VV?MP@D"^<"_/(83(D(<;TG7UW2T4?&7^U#)%"?+U`A`U MQ])EV33R/W%]('OI#RRP2*M*X`;'VO(U@<`&G" ME?L=4,H1`K[ZH0*&S[^M[RD>#\.V-F!$F>(:R<"R"OJ&O6KL-K6FP"-[A-M\?V+K:2QL@?\+*9!69?2 M`C,3[N=X30/JLUC:W2&ZL`!,MQC:]=W"PRQ0J:`T?E/C&ZF4DC"?^:T,"Y^A(M!42BZ"ND5ZN$":.YAH6Q(BQQ&JQQ0%,#NV@9EQ3OMWKGH/L MUIR#:!`@OTAB1VO'_T\DA0KTS&UT,J`-1\&LQWT^0QRW6J^:/U[V:#QZYEP%"=\W^A&O/=PI("Q/$I@+ M>8:Y@;C1"3QYP(?(\1JGH`*BQS1-3([;%7IV?_4IJ.@MTAO3\QAO,L__`P`` M__\#`%!+`P04``8`"````"$`4]_@9FX#``"R"P``&````'AL+W=OX]!G+1)3; MB/S^]7!U33QM6)FP7)8\(J]!"AU!')C*F6OJ_CC!=, MCV3%2[B32E4P`Z=JZ^M*<9;4#Q6Y'P;!S"^8*`E&6*HA,62:BIC?RWA7\-)@ M$,5S9F#].A.5/D0KXB'A"J:>=M55+(L*0FQ$+LQK'91X1;Q\W)92L4T.>;_0 M"8L/L>N3D_"%B)74,C4C".?C0D]S7O@+'R*M5XF`#&S9/<73B-S2Y1V=$W^] MJ@OT1_"][AU[.I/[STHD7T7)H=JP3X9M?O*&K5=*[CUP&B!UQ:QOZ1("OYT0 M9&*UMU82X>E9<40@I[9HTS8JZ53C<`!VN_!H-?&RL^PG9V12Q*G(3/D!>7D*WXB-P9 M%LDH<1TQ(OT"A.?@%[4RBIVJ M#P^/K=YH''CG2[?Z(+H@!JRS_Q M/-=>+'=VPJ'PGK17VY&MF:7:&S#\5&S+OS&U%:7V&PO"V10+$%D51EN1("E:RV2ZPW099!RW0%`5%439C/E22VL@)^M][[O`U8STX M@FC-"FN)CSGWW,?<>9+C[[=AH'WQDM2/HXG>O39TS8O<>.E'CQ/]IP?[:JAK M:>9$2R>((V^BOWBI_OWTJS^,T^PE\#X_>5ZF`2)*)_I3EJUO.YW4??)")[V. MUUZ$*ZLX"9T,A\EC)UTGGK-,J5`8=$S#N.F$CA_I.<)MZ,J`A$[RO%E?N7&X M=C)_X0=^]L*P="UT;S\\1G'B+`)0W78MQRVQV<$.?.B[29S&J^P:<)UXM?)= M;Y?EJ#/J`&DZCC:A'6:IYL:;*)OH9G5*RZ]\6$[T&UW+59['2Y#X\W\WV?\YYOO_O6CM_SWSU_O7OOY&[U3BN$PX8/CF-?&45AL:U(T#?.;>WM^S^1RS&19'`"U[?G@#4#O9Z-Y^TSG MHU';H*:-3\N@[_OT:1G4QK]Y:S8M*I+5%LD*3\M\&DH8UX/1:#3LW@R'PY'5 MZUH6,_*BB&@_6GI;CT87K9EIET$?#$:]X>C&!!'#&C)1%V70`X%!OS_L=T>F MA?^LV_#V#-JV:5]7[56.@2*O<@P4>97U9CLM9/ZBIF!@K[BN<@P4>95CH,BK M@Y8S\$"Y5SD&BKS*,5#D538'TV)=Q829XKK*,5#D58Z!(J^VUODL,C!F*15[ ME6.@R*L<@[.]RD97&,\MXF2)%8!R6KMK8"R5GYN.`V^58>26^(]/])W%:_Q= MQ%F&^?+I>.D[CW'D!/C9*4N4WT=*8D4!BP<3/7ORW6<($V8I\SYV+N*M)%1Q M9%&OVQI8QL#JFS?YP*8ET:&W]#?AKG:5[+W^@QG)MLV*>-.F0 M%PKW299@KF:>EBR`F"A#0K)$&SK6$XBR.G(EY'3D"DCJR)60U1%59U_E*BVY MC#=8S'KM8-L>&@8;'9T<+_L!.>)[(J:QS*X]&XOLL6AC&5F;EL9#?MFI&S.3 M/JP7N4?3AA*[>C84V*-E0PE9'<6XV:MQ-<2G]+R'R2M["[K0FSN1<]A?DCBS',SMA#.9FD=X-,M@&3XG"/?.B`?=I*VQSGR,;;?ZT381:E\!)>T_#;C@9;\BZ"&"_B@ M/L:G3088P94,X`05#&B+0F$#A*<*!N@9EPP0H#4#T#D2%>?4`W24*Y&(@5HD MY+^52.284DM!Y!MJ>2C]0OX1+6TA_9YE9B[?(M!K,^/@"(&S1!Y*L:I2#.=V MU+3:!#@X8@(;K6X[35[W4,Y79A`NZ8)#;1&D@6,6:2\JN9P+F36!XQ:9M=@/ MX8*"4I%J"J"CA`+GB*ZB]K?+$ZI2),]!58[D M7*$J17(48!$E&9+WA*H4R7-0E2-K5_14I4B.@JH,R7FB]\8ILL-/F^:3J-S\ M*?JPAZ="X:!R^/_:5]M5XT1J]]"@"5AE\7STE(\+_AD$F/1SB8C+52W1ZF"CS7?[,KXFS?O"V&(KF2Q;;U5D*-G"JY6/*6]=. M$=ZZ?<[@(N'I!D,T:LX&]8T3\Z\B0YS<;HR01A(TN:.:`]FZX-!Z"+141:CF MJC83&DGE'#A7G5]#SJB>-*AJRL0GI=)]%84U%&@:N(4V<9FM:D@T>OH)3R0: M?]*NM/3(6.N,%%G7+.2Q4O5-YH4B! M)=J^+VE[:Y\?V0"VYD4JR_#BL6H_TO"'PX+*IV+5?J3.,X<%E4_%JOT(AAR6 M!2&G8M5^A!=X+(3;J5B5'RTXCL/J2]K^9J\?Q5BEWJ8,+QZK]J,8JSW)6.6Q M:C^*L4HJG\JK]B-0.7M9N'`J5NU',4]8DGF"U['VHVC[OJ3M7V=4,>)-R8C/ M46K?X1=G(SQ()66C'*7VFACE/PIXG$86+LAX/4>I M?-03K6M)6G?F+,NL*P:,*6D2/+ON;@*\4R"F-Q*PT10>>.<5HKDS&87F3Y[[ MK,VQ.:8"$NL#-:,R0/?;=>!$3A8G+QJ-H"HXT>E]2;B_Q'%E(Q'!Q*$,H;_B M_0UX-80&N^06$F.8>L^GP%1U030/+:><`H/2.1LQ_JB/=@H,2N(@QJU%!O,HHDAC_<)*(:HM0=5_%Z`&-ZCDB]/Z7VWI[';-[1F\X M81OOJO$`S+OT5LXFR!ZJBQ.]_OTWMAT9P53<]8/_)87QKF\2?Z+_?SP:CNWO;O!H:L^&5U?/Z5Z/^[.ZJ;\UG=W?VR#"- M^?]@,GH=S"W>)W+&ZU;8:V$P2]2U;M,`+V5)"F4+\I_K[GE1E!( ME6[5W4I;:;7:R[,#)E@%C&RG:?]^9W!B0=*MR`L)D\,Y[+E#?Q22%4S`[=JY^M6<99W#]65'P7!W*^9:*AE2-08 M#ED4(N/W,MO7O#&61/&*&@2,TEN1O]UQG4%&@\:(9,F6R@@3@2FJ! MHP$58:_=YT'DIDQIM/"FT6P1AX`G6Z[-@T!.2K*]-K+^:U'AD;!%,1I#X-J/.X#TS;+U2\D!@:D!2MPQG,$R`^'U'8`6Q&P2G=$$)Y*JA M#2_K>+GR7Z!RV1%R9R%P=9#0(7S0=,(@-EX8P2B,I<5,[FR@+Q.]+S.Y1@;! M*86K2WX9.%HK;"'3'F3J$`-_`!GO#\'0`1A,ISR9.%ZK;#$CE&&BQBLCN%-V MI3U&^K7MY3+P.+]&"<%#)1N9=J]>?S1@P/H&\&U;0%8?SR8^-*2WD7[!XKFK MZ<`'GM.C7P($G_4J7CA>VRN+Z4O_9TJ6UR@C>&C11BXKB),TWE&''A*?0OTI MZ+D<5"\$T!5BB#X3LZ%W;)P=$C@)$:;V\2C`*KB0L*%^1^+8-_/1UK MKG;\"Z\J33*YQZ-]`N>=B[JUL^FVSGE\FFRZL^H\'B<;NZ9\]PNLB9;M^!-3 M.]%H4O$"M`(/YUW916-OC&RA:+`KI(']T'TMX0\!A\,P\`!<2&E.-[C*W%^, M]3\```#__P,`4$L#!!0`!@`(````(0!]^N4G>0,``%$+```8````>&PO=V]R M:W-H965T&ULG)9=;]HP%(;O)^T_1+DOB1,@@("JH>I6:9.F M:1_7)C%@-8DCVY3VW^\X!T)L"J6[:4G\^O5SSK%//+U]*0OOF4G%137S22_T M/59E(N?5>N;__O5P,_(]I6F5TT)4;.:_,N7?SC]_FNZ$?%(;QK0'#I6:^1NM MZTD0J&S#2JIZHF85C*R$+*F&1[D.5"T9S9M)91%$83@,2LHK'QTF\AH/L5KQ MC-V+;%NR2J.)9`75P*\VO%8'MS*[QJZD\FE;WV2BK,%BR0NN7QM3WRNSR>.Z M$I(N"XC[A?1I=O!N'D[L2YY)H<1*]\`N0-#3F,?!.`"G^33G$(%)NR?9:N;? MDVHC=E\DS[_QBD&VH4ZF`DLAGHST,3>O8')P,ONA MJ<`/Z>5L1;>%_BEV7QE?;S24>P`1F<`F^>L]4QED%&QZT<`X9:(``/CKE=QL M#<@(?6G^[WBN-S,_'O8&21@3D'M+IO0#-Y:^EVV5%N5?%)&]%9I$>Y,8Z/?C M\.KRY`!!FKCNJ:;SJ10[#S8++*5J:K8>F8#A(2!#"P!0M;T$_B([H%!ONZ"V8V6`SG[G(5S20G=\YN M25$"%&T,1X`FNXM+"@MQ:"->1C-B.W>)LZ%2E`R;W)$(6K23.ASO-^/',0L) MCM+'LV8F.6BQO72*$EQZU'=KBJ,(?D/.U]1\SIRF\7Y-S22'SJE8BI)S=#CZ M/MWX?^C,)(?.R4Z*$EP_2J)PE-C)770%<3@8A\?XK.(2V/\?SU\SRT%T3^U> MTS*.8V=O+FS%F)!.4[(A33ON%/GRJ2#8O*UNYZ0GW6LN'=F+$AO/=.WK\;#' M=SM>I^9&9=X'[0!<:&JZ9M^I7/-* M>05;@6782Z#?2KP2X8,6=7._6`H-5YGFYP:NK@R^RF$/Q"LA].'!+-!>AN?_ M````__\#`%!+`P04``8`"````"$`\P:&DX<"``""!@``&````'AL+W=O`(,K0VI[5S7<:8%34H M;B/=08M?2FT4=S@U%;.=`5[TBU3#DCB^9(K+E@:&S(SAT&4I!=QJL570ND!B MH.$.\[>U[.R!38DQ=(J;QVUW(;3JD&(C&^E>>E)*E,CNJU8;OFFP[N=)RL6! MNY^\HU=2&&UUZ2*D8R'1]S5?L2N&3*ME(;$";SLQ4.9T/?3:R^"I;0+-QF_P&;+1^]-#[PH=P,7NW^J[?@&^&%%#R;>.^Z]T7 MD%7M<+=G6)"O*RM>;L$*-!1IHF3FF81N,`$9OH_,AZ<4QR'Y!>OV0?A`$F/(.EY M882,K\^#<0>P,5^5WSH;,".4L:/&*WMPKSQ8&R+'.HN_>'MY*N1/11I?14CP M[S;RZTXU0^1$5FR^\<5Y\*E0B*3]:>^[,9SY<"04F`H^0=-8(O36G^<$ MFWR(#E?-.O'KW\;3;-TW*!L^X!70\0H>N*ED:TD#)5+&T1P-,N$2"1.G.\P2 M[P'M\.SWKS7>]8"-'GLW2ZW=88+";/A[K/X```#__P,`4$L#!!0`!@`(```` M(0#[8J5ME`8``*<;```3````>&PO=&AE;64O=&AE;64Q+GAM;.Q93V_;-A2_ M#]AW('1O;2>V&P=UBMBQFZU-&\1NAQYIF9984Z)`TDE]&]KC@`'#NF&7`;OM M,&PKT`*[=)\F6X>M`_H5]DA*LAC+2](&&];5AT0B?WS_W^,C=?7:@XBA0R(D MY7';JUVN>HC$/A_3.&A[=X;]2QL>D@K'8\QX3-K>G$COVM;[[UW%FRHD$4&P M/I:;N.V%2B6;E8KT81C+RSPA,S*A/D%#3=+;RHCW&+S&2NH!GXF!)DV<%08[GM8T0LYEEPETB%G;`SYC M?C0D#Y2'&)8*)MI>U?R\RM;5"MY,%S&U8FUA7=_\TG7I@O%TS?`4P2AG6NO7 M6U=VJ^>?__J^5/TZOF3XX?/CA_^=/SHT?'#'RTM9^$NCH/BPI???O;GUQ^C M/YY^\_+Q%^5X6<3_^L,GO_S\>3D0,F@AT8LOG_SV[,F+KS[]_;O')?!M@4=% M^)!&1*);Y`@=\`AT,X9Q)2"M.69EN`YQC7=7 M0/$H`UZ?W7=D'81BIF@)YQMAY`#W.&<=+DH-<$/S*EAX.(N#UO5D"53,+2L?VW9`X8NXS'"LY1ZMAUC_J"2SY1 MZ!Y%'4Q+33*D(R>0%HMV:01^F9?I#*YV;+-W%W4X*]-ZAQRZ2$@(S$J$'Q+F MF/$ZGBD".S1P1%H$B)Z9B1)?7B?-AOZ'&(KA\1JCX_M\+H>SHX;.1DC56#.M!FC=4W@K,S6KZ1$0;?785;3 M0IV96\V(9HJBPRU769O8G,O!Y+EJ,)A;$SH;!/T06+D)QW[-&LX[F)&QMKOU M4>86XX6+=)$,\9BD/M)Z+_NH9IR4Q>Q,O91&\\!)0.YF.+"XF)XO14=MK-=8:'O)QTO8F<%2&QR@!KTO= M3&(6P'V3KX0-^U.3V63YPINM3#$W"6IP^V'MOJ2P4P<2(=4.EJ$-#3.5A@"+ M-2[\JIB4OR!5BF'\/U-%[R=P!;$^UA[PX798 M8*0SI>UQH4(.52@)J=\7T#B8V@'1`E>\,`U!!7?4YK\@A_J_S3E+PZ0UG"35 M`0V0H+`?J5`0L@]ER43?*<1JZ=YE2;*4D(FH@K@RL6*/R"%A0UT#FWIO]U`( MH6ZJ25H&#.YD_+GO:0:-`MWD%//-J63YWFMSX)_N?&PR@U)N'38-36;_7,2\ M/5CLJG:]69[MO45%],2BS:IG60',"EM!*TW[UQ3AG%NMK5A+&J\U,N'`B\L: MPV#>$"5PD83T']C_J/"9_>"A-]0A/X#:BN#[A28&80-1?F#R`Y+<< MS=*MOP```/__`P!02P,$%``&``@````A`%2F\1GV`@``0@D``!@```!X;"]W M;W)KKEG=O50E>1;:2%4G-/`F ME(B:JU36>4)__WJ\65)B+*M35JI:)/15&'JW_OAAM5?ZR11"6`(,M4EH86T3 M^[[AA:B8\50C:GB2*5TQ"[5J*TCT:)D%O9O"MF8(UO%Q]!53#_MFANNJ@8HMK*4]K4EI:3B\=>\5IIM M2_#]$D2,'[G;FS/Z2G*MC,JL!W2^V^BYYUO_U@>F]2J5X`#33K3($KH)XOL@ MHOYZU2;HCQ1[T_M/3*'VG[5,O\E:0+:A3EB!K5)/"/V:8@@6^V>K']L*_-`D M%1G;E?:GVG\1,B\LE'L&CM!8G+X^",,AHT#CA3-DXJJ$#<`OJ22V!F2$O;37 MO4QMD=!IY`719`YHLA7&/DIDI(3OC%757X<)#DR.(SQPP/7(,?=FB\DT>)_$ M=_MI[3TPR]8KK?8$>@8D3<.P`X,8B"_[`2.(W2`XH0M*8*\&BO"\7D8K_QGR MQ@^0>P>!WPX2=`@?-#MA$!LOC&`4QL3B3NY=H"\37I:97B.#8*A,;_-G_APD MZD'^9V#@#R#C_2$8*@!MV:7M3-EA1BA#1XU71G"KW*761?HZR]GEW,ZO$4+P M4,A%!D)OY!(Z;KPC!`^%7*2=#H,2X7`>W?L('M(>(OTFG$XO9^KV&B4$#Y5< MY-P`-DS?`4ZE!=3OG;<85PT%6J*$#FHQOVPEP#=\=-9:](D6$J`6SMO^1`BN M&@DM^H3Y,!7Z%5DNWK!QU6`(W&L/:>I>DT/H@@W(8C]!6)00$_Q.57#9B1\7 M&E1E>6+'G5ANI%="Y^*3*$M#N-KA:13"D.ZBW4FY"='&:3R*-^X$];LG<((U M+!??F-ABVIV![L:J!G8.!YFR<'BU?POX5A$PJ2<>@#.E[/$& MJ]Y]_:S_`0``__\#`%!+`P04``8`"````"$`'+^,H#(!``!``@``$0`(`61O M8U!R;W!S+V-O&UL(*($`2B@``$````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M````````````G)%12\,P%(7?!?]#R7N;9E/1T&:@LB<'@A/%MYC<;<$F#;G1 M;O_>K'9UHD]"7L(Y]\NY)]5L:YOL`P*:UM6$%27)P*E6&[>NR>-RGE^2#*-T M6C:M@YKL`,E,G)Y4RG/5!K@/K8<0#6"62`ZY\C79Q.@YI:@V8"46R>&2N&J# ME3%=PYIZJ=[D&NBD+"^HA2BUC)+N@;D?B61`:C4B_7MH>H!6%!JPX")25C#Z M[8T0+/XYT"M'3FOBSJ>=AKC';*V^Q-&]13,:NZXKNFD?(^5G]'EQ]]"OFANW M[TH!$?M^&HEQD:I<&=#7.[%]#4V&N*GH;ZW2JD_'50`906?I/?Z5[J`\36]N MEW,B)B4[R]DDG26[XHQQ=OY2T8-KF!?BT\```#__P,` M4$L#!!0`!@`(````(0#$$ET*"`(``&<$```0``@!9&]C4')O<',O87!P+GAM M;""B!`$HH``!```````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M`````````````````````````````````````````````````````)Q446_: M,!!^G[3_$.6]).VJJ:I,JC28$HDF46.Z1\MS+F`UV)%M$.S7SR$"PH8T=6_G MN^\^?;[O;/2T6S?>%K012H[]VU'H>R"YJH1 M!=?*J-IZ>,>A0<&PB)RZ$OA&"[N/0A0,CZCDK('$$47 M<_20NLV@6%HW+9K*WFNAAKI/-TCR;(*S$D_HG5EHS9C0:J:OJ\,4*"N3#I=-DR?9JD^"ISS+G:N$G*)2V46U;WLD[!L.'"TC],G`OY M818M41-FX;BDETE4KIB&RAEXK)\3:.;V4S<=2;)B<@G5$?-WH7M2[_V_$=W> MC\)OH7LM@QP*SC]$]!L``/__`P!02P$"+0`4``8`"````"$`!6[MQ'\!``!( M"```$P``````````````````````6T-O;G1E;G1?5'EP97-=+GAM;%!+`0(M M`!0`!@`(````(0"U53`C]0```$P"```+`````````````````+@#``!?&I+J_0$```$$```/`````````````````$X)``!X;"]W;W)K8F]O M:RYX;6Q02P$"+0`4``8`"````"$`/L$A<,D#``"Q#0``&``````````````` M``!X"P``>&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A M`"`N;$>8`P``)0T``!@`````````````````=P\``'AL+W=O9,J$@T(```(%0``%``````````````````N%@``>&PO&PO=V]R:W-H965T&UL4$L!`BT`%``& M``@````A`&Y>38-`"0``]$8```T`````````````````$2(``'AL+W-T>6QE MP"``"G"```&``````````````` M``!\*P``>&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A M`'WZY2=Y`P``40L``!@`````````````````GBX``'AL+W=O&PO=&AE;64O M=&AE;64Q+GAM;%!+`0(M`!0`!@`(````(0!4IO$9]@(``$()```8```````` M`````````,\[``!X;"]W;W)K XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } ZIP 12 0001078782-14-002260-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001078782-14-002260-xbrl.zip M4$L#!!0````(`"=QC$69.LC^Q@L``%Y+```1`!P`87)B92TR,#$T,3`S,2YX M;6Q55`D``UH]BU1:/8M4=7@+``$$)0X```0Y`0``[5QMD]HX$OZ_OI2M@-:&/+K&3/#/?KKR5CL(TQ!DQF7DT M\?WI6;7Z^/A848\KGAA7ZZ;9J#(N?<-.*K6 M-,R:T:A%0Q2@S18CXOCOJV%CU-6&5#\)5F7L/52Q(0-YQ)P$=2J&G@#N@S6I M6)ZK1]3,&!.'\6^)$8\-3:5V>GI:U:T+/7VQUBJG56R-.JY`)NVGFH=4+NR' M3FO6:\=Y%@][+#A+EL48N]:J__KGEX$U`9<::3Y@ M1+0ASOS9%"Z/)'.GCH+5SR8"1I=':&8P(MM6GJ1]1*H:9QX#9P/J@+R#!^`! M],$G-EC,I0[&6:]_?40L#UWTY-\IK*M:TSPQ:_^.'!5P%C9\'5P=?3`OJFLP M=Y?7".4UOI>\IMGZSOJU]M8/''3W^!-P$-1I<[MMNXPSZ0OJLP?H/DV!2]C= MK8W&<9Q)(6FE$\R+@T:CWGIV@GF!4ZLU3U^""=>'6JUYP MY+GPQ9-R]Y`SDC&7@;V?[+QH,I+A5+KLO$`Q4I%R`,77QX"1"H)-PGL(+$#Z M>R>8]\=+H2G0W07FN?BX<0"!N0F@T3J(BCD3NF46DXC5I*09:\:LFD#=55[^ M+*VWZB7+VS`S&ZU6Z0KFSL;C1K.(P"X5'&>IO`4QF%`!'ZED%N;L*^8$/MB[ M^53:$1RN0RIF+)@VB"N/VCKWOP!JZR+E!5!;%U/E4/L-V'B"#]NX1:5CZ`?N M$,3-2(^["7RU35';W3)"4&-*E:Q;9JL9X[L;AX.KL29.?_Z38<#XR3!>C_US]?]3(OV9`Y>OZ=23YRX5 M8\;/3,LE^M_4#Y]'O4>(3AS*QY>O_PP\_[S;-[X.PH^JRYOV6]6KJKI%0ZI3 M]8D4D76NF!N,V\#],Z-6:6TI_GX"2G];K3AL,J2..L$@<@*X):8^:4\%)LL)?0`R!.`H$Z9449D& M0@84[>9[6HX(%`^,+60[#IQYV*`\U3@`*Q#,9_,>W2=K@M8&TO%=0^X]`^J%M$(&B]W"$@YU03Z%\P_44(H\3ALS18(2#!5)2,5,&F\.2 M$64"?::DIE1X?RYCKL!@99I/:%\9.*%@;SE!58M%Y82,'.\1QZ+=%"QV8)XM MEXI42`\#3<44+L%0`QMU\R<8QMA;PJ9`&**C@>K@PIY_!-S2M)2QM;C,08J: M:L00QP#`3P+0!O-@7P1JI@&DA5`SH"*<6VW.`WQP!Q@(/D'!UVAW4C.-S]C7 M02Q\](\`+5H_G<]&)=M3(F/4A!XNYT.&"?O/XY"YH`,;_U;V23VQ/*/TXD,Y MC4'$UL0K&3=Y:,+&G(UPUG*_O9C_MY[#+)Q2]YC=/CJ>]:VD)(W^T/_B[-]\ M?%M(\^78W*0[Z'WJ]ZY[G7;_GK0[G9NO_?M>_Q.YO?G2Z_2Z@RU%Y1MY6PCL M':@/'3695/CH#UW,P`_44?&LH8/"P7`@GO>QF$6_2X8U)TQ.$ZS_.`41)>18F:@%`7(RA"28703"?2U7?]&3`=LSX MF+:EGAB8!W2R@:59*B_":U^EYMJ5R%I5O)?CK+!RAF4%&69FRC"MJO*C?!+Z MJ*1Z'RTB9*S>*4^Z]!L0B,RE`YY*&;C3L*SHTD!'(RQ]89G7N1,%4'=1I;$_ MS-.\P^B0.;K2A\5TN8Q1/56"0DV4Z.Q!)"Q$Q$8RT>(AMZ9D\1'AVX6P$X0G M1;@F"W1A7@[2)M7EL4+:EA_HRA"65C2Y@\MRAGJ+:&7BR9B=*EE)O%B63B1V ME5MP$:[^Q#*,'C,K.Z^O6WPO9L>&97!^0DP4R.(3KFBIW!:BV*K^!2;0U87& M,L`*14LBOC`=WHP6R?"0@52.SXK&8F::_R%#\/]EX7^N+.1-X>2$3,S56]QB M@L"]]<#':7Q+Q8W0[K)_I4X`T9EFWF%1;_,Y;FU)I9B\\BF:S8;YO2B&IV3M M`/TDV'_RC]I6K1>=L=5,_=\Z7FDAY?%)F:H,/NK(Q>/?*<0*""N9W!;!M0>Y M4L,J[L@<&25QR0^I4KCTL%#L:I.5X^PUZ"4P6&.)8.XG:YE7U&E$];@G`A?P5A'][_"J`:UP/W(&C<@BF$[5J MZ01"W0K=X[)%O6XF+C]L(_9@C`M>]-N#;1]\M<=!ZS_@KLS^.,-5D]WCBVL\ MN"QC#^'"<&?;GC23=R`*"CP(SRUO3^Q"='E2];%I.2&]+6[1])+`W76%L$:/F*$*+P3VH)"E!>01@#VE%`E@8%!.A+ M+^%;!%4`HK-/]9*(/$EVQM6WRWP10!&-4M^`VAT[0YD4=O*0:=<*O?;4:K7@ M;2]P@TTO+TFT+:6W;UE>(J*-J4X]WZ)3YU-DE`32. MZ^_CIP%KH$L0GYDC=A%_!SYE'.SHAG#;L@(WT'G_"D;,8KND=:->,X_-ULF2 MRF8QY;+*LH]1-T];Q_&O,&S)2@?0Q'/4^U"U-/5G)52)5=#]9!:I'AMDQO(S MYLJ#:+U)1)E\BEBD$!\;V-F5AR&"5>1^-H7LH(3;J.[W+Y2 M;_#R`/6WK1&U44O")A`6^&UU@U$U7SMTG(L[0L-!")D8M("Z%U0=7PYF[M!S MW(7H6 M3DI(![40U.EQ&YX^PRQ7BCK=/\:,=5*/PZ<0%OCS->.UOH+Y.U!1Q'F&83:- MAAGBKT-(JW"XH_-B0E)\U*\7B`[R''LBWZ`#9(9]Y]=1%=WY?9*XY`1<6O70 M0HOQZ@U4D']+XW>0";TR$5)B?O6<@/M4A%SR\?M>'#XU,H7[&SC.9^X]\@%0 MZ6&!T2]&Q!;X:Q!6TLAQT9K_#D" M8?8J`K:_N@!M`/WYU053MV39B*'Q],\A0.(G%*(?H^CT/B=G\7)8B%F-@5Z$ M=QCF`C#6A:\G7_AK%BU#O0E=/@U[P7R"QG,P+"3;?7(/5=M)<07=U&`74;^ZG;>EGJ M;DPH>Z@;O85XYNG8V'TZ]I[14PD-MDJ):F&EZ>N]A.[K8IT.!'R8_UC0&;9< M5*.'&D`-2HZ.EF4)`*D?;AR;N+^C`6RFWGO.=5/]^EB%!?6]T!`%.+Z:2TH- MU&!7P#V7\2RX#,814GH4+A`6+!=:7>A?EL(/_P502P,$%`````@`)W&,13V3 MU$T0`P``EQ(``!4`'`!A&"ZOEB$UYB`DX:QI MVN6*:0#S>4#8I&D2R='%Q7D=V>;5CR^GEU\1,GK`6Q2+6!K((#>$@N'%)(*4 MP_A>KM9J!D(:3PG[T]`?(RS!4):8;):F431K6-9BL2@O1X*6N9A8U4JE9J7` MTI?3DY,$W%A*LK%A44OAMO7[KNOY4P@Q(DQ&F/GKC9(T9#+?Y3Z.=%COFS1R M$7J$4AC24\BNHII=7LH@X^B8T`TS6(RX`!:!/RW[/%1<]C>[4K,S6S3I@=EX MLV6=#[M>KUO):A:MZ(+H&9YE/[=6BZ_09(<[SSE6NIZLA!6.$H^VO':#7)C9Z,RL6&,L1XD`L403C&>)50MH)-.9)`^H8J_/X]EZ^M&1$B+9BH7V M.35`\0AHT]R.L8IQM(7E-,>_9"GK5D9`1VQZB(6?LJBOB7IF[DE>(RP9AV'" MAE3["M/]8\'#O"2E-ODK+XU8*H-\ILDP-0TN`A#K9KH`,IE&JT%!26['<*.B M&H!*'@3W6$0$WCD<.[=\>%%V![Q=K.I6L2ZM;;WCZ"W0&SI#]\[M#;W^3?_> M'3C#3K_W_[TPA[:`IICC23'UT)^!4"&S24===$+HWKU%%E^J.5&<+]DUP'[NA>D`5Y^0G,!4==5C@!"%A1$8ZUCFXRQDP M"7D2[;?YLRBW9RKV:+JHR*[;GA>C7=$[5'$!04%-0=2)`_5YKP^K98?]P[SJ0I.@F M<;BLV=YQ:,8^]DM!)6%,HAV7B0S@<^N6C?0HE^GU0OJ/AYKY"U!+`P04```` M"``G<8Q%M@4*WIT"``#U#P``%0`<`&%R8F4M,C`Q-#$P,S%?9&5F+GAM;%54 M"0`#6CV+5%H]BU1U>`L``00E#@``!#D!``#%EUUOFS`4AJ];J?^!91>YQZ\M&RXN MIQDQGA`7F-%NW6PTZP:B"4LQ?>C6L6#@_/RL#2X, M8.`>)L@(C+\-8($-5HJ);&TOYV(%P,IDTID-. M&HP_P--FLP7+Q-K)\=%1D=R9"KS08=(JTTWXZ\X+DS'*8H"ID#%-9AT%[H@B M[K$DEGI8VTL::S-T"Y1I0(>`>0I:9F,JTCG0$28+96(^9!Q1B9)Q(V&9TC*_ MF?58S6O1R\3 M&_.$,X(&:&3,'N\'[FH]3"5,<09G.3`FI&84L!WY_(BZ-8&S1X+*V)BCT5J. M$EQ/Q)F>@J]:#>[--%8@/,F'"*@HHGHA5\CXEOK^S*]:($6C.">R0N)5[4IY M61;C*@U>D:Z`MA`"&)NJ`[QUE"+A-NVDU@@8I3_ON:);GR0)9WBZ8. ME5@^NW3$>%;L@]M'H>KH/>Y%O,#=67MN)&K)8(IUU%/-A:)H*A%-45J6U?P? M,=+*?+4#_]KQ0^?ZRO(LWW;"6\>)PO/;IW(M2VO M8N^6M`_LY'J:BGP-(RMR[E2-,.@%?6=@16[@[V_I&MG/=W,[R`<8:5OA;<\+ M?E;KXS_5P]KX)L>>APT6"6$BY\B/I;H&HZM<8(J$>/<1LU[Q\PZ6G1BJ_Z0>>:[O.NQ?BKO('\'1GH*H,MI*$Y>K#@#[T&<$) M1J*\[^_N!NT#6+N%Y@(N_(:KR%]02P,$%`````@`)W&,15R)0'KU#0``B*0` M`!4`'`!A6[503G>6SY/3Z M*0.3D(0)1>H(RB^]N?]^`$C*%%\`D(`H9.Y#8HD"=A>[#T'L8K%\]^OCT@/W M*"0X\-\?]`Z/#@#RG<#%_OS]`29!Y^>?WYQT>@>__O+M-^_^TNF`*Q0,/!BN M">@`?(D]!"9K'*&4!OCI\/7Q,>AT6'L/^U].V7]WD"!`.?GD_??UT=%Q-VWX\MMO7KS@C4\?"=[J\'"<-N]U__6/T<19H"7L M8)]$T'>2C@2?$GY]%#@P8L.2LP25+=BW3MJLPRYU>J\[Q[W#1^)F!)UA;XL- M#.^"$/D1YDNC&A-;12Z)/KHG9R<=/FOV=:4G!MMFF>I MO^G&/^9:8X$X&QU3N[YX%P8>ND$SP'F>1D\K]/XEPP3ODO02LY>W-L%*RDRU:<:=N6S)>HQ`' M[H7?3-A<[Y:EGD0PC#3DSO1O3?(IG6-0(YDS/=N3-HB@UTS:YYZQM/%$RBZ, MZ*4`R=+\\!C,V<0'F0U<9"=1V:0W'&: M:]*90[CB\UL7>1%)KW38EW]0WJ:; M%90UW!(U1"18AP[*D:)_/@M91^SYPI8=%:`0=M'&B(I`.I")Z0/.X!4@ MG`4(GGG8!B45?>21I6ZA]H#&I5D$'M4>N?@W7:@^5<"KI*$VJ*J9ZT")/QQ` MEO;?X"H@;T',PC8D52LACQ^9">JBAB#GBW_>!*W;8P6)1%T`),2!S%U$),'G+XM:%%20@J8&H;8%68N M_(CB\U/@K7VZ#GYB?G!8AI?R=EI8$;+6P4E,&&PH@YBT31`1CCT+#P6]JT"# MNO&HD_KNW/C4T?\\#N?0QW_RX,(@\$G@89=_Z?ON-;4>A27_.IY=8I\ZS1AZ MU%N*$,,KZ=^1*(1.U,N9UR#AQO`R/SBM93:,UB$"P0RB/-4!@BER\[KV$X#OE-Y'Z" MWAK1!07W82I@JMA9&Z;UA-2!Z893ZJ.N8`CN&1?;0%E/)WE0-K%<>Z"\01&D M3SKW`H8^O75(WZ&KW+7'Y#M',^S@J`*0"AVUP:@NG`X04RX@H6D;_-2UD(=> M71NU&(Z#9$'G9_:'.=[TMFJT-"/US70&`=4*8T MP?8PNW!^1QM$!A'-Y.U\$5>"UKJ0U+ M`7L=]'&R(*9KC0ND,.8\@J0Z;Q$H*\16H?Y7/B$HJH)(\J,V*K:9Z.\1Q/1L`\#V*/,V+]-E>V8^ M7Z-+*NP-XJLRZAU$&)'!.F2I/!7&%W;1AH2*0%I[`VL$&`.0<``)"]M`HZ*' M/)2DEFEMG^`&S7G8PX^NX#)O[LIF!G8)RAD;V"1X)@P895O@(AMY<8N@5."2*V?]>"0BDK`QA(Z(*8L$T0*!UQUO9EVMW+`R?O.`W] MS:)G`%>8/L4E?DP-`MH/H_K":J7,+.@W1)B?O6&3+&FXSSW"\`Y[F$WJUCE% M]365?W@UM6N;L8R`;2\IV1N2')^&75`R0-&WQ:(J.@@Z[6K66&?SGN#^'%- M(CMPXG<>8TXX,4^>Q9MG^7BS=6<6FNE([L*K6W8O1[%X"E0%3`O-3!ZYVF)L M[IC57P^/CGH,88`S>`MZ1T>OCN)_(#ZB!/KK:!&$^$_DO@5_?W7\YNC5FQ\W M/PX)65.,LFC3^*LXJ[6E2,'YK!(3MIMM5(4R]I.1["`C:/J:TGLJK5Y0Z6[W MNI+I[`:M@I!%*UEV9>E1*F%S`WM?8D$,['^D2ZP-!Q"SL`4=JJHH;HJI&&7O MV8F!AYVG*7J,SBCO+X()1=YW5_F(Y2+N9$H"_^G]5P2\O8\HVE1@^-IG6F6U M*&90BL#8_)!:WW&"M<_N7LZ`+C1[%1$.66NMXV0*8FC%/#;D04K?FJ"IXO"S M)[^4S="F?T`B0E&;GE&2A,DJFQOP%\2"Z/D-)-E53JE;@R+5X1=7^RJ&V-=Y MJ]C!>G:^*M`DZ63X?%654$;/526U/^"&BVU`4].)^%R5V%)[K#,C19RHA_DJ M,V:Q5EIDQEZ@*6A#6F)F_Q"[0A%;T%V'P3UVD7OV=$N0F\G6Z3L1ON=92A6( MJT'`1"FLFL)J'>!'4;R@3_F!NR?P/6,)L/]#-JMKP]8VC-976$F]K4;F;0_! MOR,\7T3([=]3D>;H:KV\0^%XQF^P3-CS#!+LT`7%.?;64>7\V9"8-K+U!J&# M\I0S2%BGP6.+(\9ZRLHCW(3)VT-[)FV4"J-<'TS:31O!JH+IYXUD.'&?YZNI M)::JHCQ"ZQG/'BQ*?&WE[CO'IDE??#3LGPU'P^GP8@+Z5^=@,AT//OXV'IU? MW$Q2=/[S=CC]XVM#I\QC;V;.'>_F()_R](:^BQX_HOSD6-W.Q/Y-.6L3&SD396W,U(IL92U5I9*6B4Q*8]H8[*4 M!EN`?4%9D'874L8;N5@4A"*5L#<01.%Z2$;8 -S% M$()`W^U-#[<$C6<7),)+*DC55FFND?;D4,Y4!QF4(BM8OJ%I"RC$(\Y/$2(] M-\](%#Z?!+F):OVTLA1KB;;#Y98M<*FMDVP28P-[M;C\AQXB2;6,*U09ALBU MTE_0E[/5S:[@9&T!C62LA>6J2,=[*@>@=`8\W]9L>0"C::U;!0*L2VD5CEM8 M*:#=<-'VNX;8P6.UUT,]MS3XR,Q[^PQ<RHJV)R13W;F,@^")A+MZ;7GLO,2U;.AHBWF`"O,DAM\%YZP<-VQ?ZM;'CK M5NQFU=<\55X=).W=/^EK?=)W2*GER\MZ:2->42RMC$WVVHEK%@I/EG^,#^@` MSHIG&"?,;(.SHF[R.*UEL[UD$U>`+=O"9$ZP"1`54M-M`TO)>`49O&UZG+\C MS_OH!P_^!$$2^'3.9'6+PISMY.T-^)D240RXF(Q#YPMC`5(><9VFT!;`*&NC MZ%%1OJ+]4JF6M%S0LO%;8%-O)Q%]9+$JVWN*NR M7JT\_OYAZ+$E'%O7#GWJE2WC]Q9+DCX5>^OOPM034VNC+\,*;-;Z(,/-NL5] M3>T4]G.:6+'Y;G(:Z64E+OC<*<>;MO>0Z@AF)W?.R)?'#T49XU=5)=BNY MOK7V4ENBYMNC57J:K#6QR_=&;T?\K7UI=`UM"&I.V/:ZZ.VB*Z+RK64M#5?/ M,5;$M5`RIUC'553%]8JNFRLJM[ZU#98"#8H+[.RW@"N](W#$YF5V4#6.QZ% M[S89+#M_K#3,O4PS=52E5@95>(>VN:0*9C@2O`\\T\#``BK/3#W)[V/_W>A>>W_R&[@$W/R MM@%0H@5I6&UL550)``-:/8M46CV+ M5'5X"P`!!"4.```$.0$``.5=6W/B.!9^[JF:_\!D'G@BA,YT3R?5V2F'2S4W#0[YQ?-!B0FM1!9W301IZU/GSY"P(:Y$^,W9VK:WU^WV MX^/C^=."X7/*5NWW%Q>7;=_P[.>?WKUSC:^?.`HU>+STS3OM?_\UFIEKN`$M M1+@-B+EKR-$U=X^/J`EL"2O[D@VEA?Q?RS=KR4.MSOO69>?\B5L!1Y<(ARX# MV((R2&QHKL]-NA%]=7[K7%QV`DUDISG9B#79\=&YNKIJNV>#UJ([RWXQ#_;^ MH>V=C%BC%'=>.!:ZOO.$913#.[ALR,]O=T,M_&UIW$86N^]1T]D("__3(%:? MV,A^'I(E91M7N;.&"^K:?M["FS..-EL,_6-K!I%3S8D%K3\"TL$Q\`JW=GY@ZD9=*&)9213U@Q";\:ABR"\ M3[N$L>`V`Z;M]X/!`N*;IG8SR5A.)X/!QZ%YOJ(/;0LBER/Y#Q=`ZZ*S&U&_ MBD/WG@-W<(7D=8D]!AL8<5EIU@ZP&%358&%G`3/]+L4_74F;RMC?6;2W0,K< M,M<(6W[K):.;'!3Z3M`4#`V'"V_H5C8$N-F@S(+,R\T>O`(TF#,@;P&SY\V" MX@3RP^=KQGH$G(KN#\71[:.8BVX3V`Z=KAG986C)7+]_">V">)Y"AJC`8/6` MG49XV*ZFS$?`)DMP690$AG#)DFX-,%@E4!\^7S/*(^"2J?ZM**H]M[O"'0;P M4,QAGOZ$S\H[:=2N9M0KP"9+\*$H";H.DT`'B)L`_P<"ILXY2M.:":&&G*S% MQX*'`]UL*)G9U/PQ6POP?.+8LK21,P+UV$AK5#-]=&A(5NKW8I62BPNL*R)G M19DZ;86M:JE%!&@R^9\*'B;>*+Z#6\IL.5D6/#IKR M-\6.()%Y0:,6)&I72R5B8!6EVD6Q&GR'&/])Z".90<`I@=:097N.>>6GGA9!VUJK$0*MT..E MY/["EQ-5WCPELA> M`KYP@\3AK14`6R^\(;:Y?R0:Y[O#]P;GT.:*E76%T9L&X5M=W`P<"T!W$HJBRID!, MXZ$/1T%[:I.ZR)&.^TAK[P=*2#J)J#9"1)`=:-;4VQ\(KW_^N(V63&O5>[>>45TB>BLJB:Q+B5R0@\14RY+6HL8RI1)1N0R8.^=5-\N]1;1:9;RIZ`N* M"8N'\6^`G>@N99IER2KETR41:B5SWVZ++DV-F%FMI(B#K%PR,RP+>=Y,`;*& MI`NVR`;1I^*RK&NEBA)RY;+6';0!(M#J`T;$'9$;INEL'+?^[<$E,I'JCJ/1 ML%:2Z1!QI.>1#CE/T)X?U$N=)*!'>C3I>'7KGO5JV4H=J#I24)(QIDK9VYD: M=_WQ_&M_/NP:HP/O]$3Z+GW?)^)/B7ELS@#A(HX$?#YUHW(-;60"W$/(H.'8:\K0/]#2$C;6Z/0$C?-2N>HE4&#E'*8Z+4]!4BV&*E?XQ![@S1R= M:2U.3$?=<5EBZ1/SUGV.3EN[G?5)ZN8S4;D"*<>[`UI-3E(]C1<)/A9='CR??#KD>\]EKV1[2E-&'Y"`=_O\C4-K2%[FC(8I M9O'>%G_ZK&R/CLJ[R6IZZCU)[(ACNY.4'(Z&U,Y+3C+[1T7DQG\0HBLW31.( MELA.F:,%#&JCI$ZPAS=[7TE0*]38^GO"(X\B)287D)B@<^A:EE<`F0P"#GO0 M^PQPM7O0,R,#Y.C@9&,C#XF56XF(.[_'*[,Y.RDY$O('?;K:^[QK6V[9K3D0 MWGS7+UOIXXWY/"16;ME+>BY?'1,?\MG5!X#ERV3>%Y5$PUNU_9*GB]I$0=87 M'.B35KD\G^R^(9AA[%F0D/I>D5;;$U8Y1I-Z2.><`F[=^)G9XJ91ZD3PZ.%Q MW_D_"A`!-F7E=Z\0Z1.KU`"9.=LMAO*M8X`E^`&FC]D_*)"W]4F$B#95E5MQ M]O>,Y*M^&9MAKDG93ZWEB\FDW3$/:>7FZ-X6TAP\02X]5#^*E&!89U'BJ#,F M4D=>I7]]\G$,;/%WLKQU."*0\[U_D$;=8Y$_0Z/V(F_`)__XS(2M`$'_N`!$ M;<4I1I:G/[&F`7"3Y0`10$P$L/NPO?>U%KL8Z42"_H`=EU5[[]A^+3)5-7;< ML,1OP3RLFJ$Z.H&0C&QC87?8WWN' M3K?[4I)!NDN'R0PSM")HB4Q`;,,TJ>-^?C;:D4EBSB\/S/MV>*E+Y+21,I_APF1\0OT$G) M#&G6E5I.<=U[SDH'>FU+S`8:ZF@LG$:Y.*%=U6]%=KNC/PC?]Y4'/D?4$L#!!0````(`"=QC$4,J+/L8P0``+L9```1`!P` M87)B92TR,#$T,3`S,2YX3$@"L%D8OM+:`ERB%&DQY)->E^ M_:Z^+/E#BK.V0#`X#S$IGGMX+H](TW?PX7G)T!FI^]3O"KFP3GH]V_KSTS3(<$8.O$R4N6OF@@326"Z(]O"1JA4/R M*ND[4NI3]*UT>(X5J>NA+7C*E<8\!#QA9`GSCH5<7I,8)PRR^#O!C,:41`;" M6DLZ3S39`"2\@H#C[P:86*D4[Q[%&2>-B!U2!FN00/*TFZD%8)D8)!6&-JZ;`%(0JRRA1-JXE+ M"BS#'98=;X%$K(C4E*CU^G:L[Y-21.+7I@0AE-.WFA##\] MFPN$A`G[P:];RC&#'%#:^'P_V>!K.D!R?322#R/?NW:]P+T.9L[,_>1ZL\`? MCYS@=CSU_P@ZB$;#S@&X7%$AJ7HIKWKP=]J#KX<`MEUVID![S84J,N2/44J' M,KZ!M4U4YT\4B7Q^E;6W]W0164":HC:WS6$Q6V[N"2H>E8[\:)?\._?>F4U\ M[R6;:L`VG]X?ZE/%=_2IP:>/SM3Q1FYPZ[JSX,ZYAZ6[=6>3D3/=9U8;NLVQ M?K-C!27*.=$FZ=&V3=NNJ0J94(DD'M;PWX\_)HIRHE1E5@NFS:*SU*(J%CIY M.!(Q*@F.=C39X82A2+B&'R!W@M$0O@7+SWW&M*#;+#K?L:@B0B4#^K5L_7:T M:\LN$2;I^5-^.CQR8?'TUPE<]N4R$U6SZQ!TFUUV9E<176]B'J&<"M6XCFXU M;:Y@C/C&`GX!":I07JJ8BS$9:RB5ISRQK M)F;ZR+1/S+[=?5:1@?C>BDY#P<5ZK8!(2RO]Y6IQ./LD#=/I+]+I[;.#IM^. M_Q8%@GO?*D)P\S\+J5734@&G35/O+;]MS+8;TUIN;!"7S;,WT"),J_*)65'E MBE^0TEJ:;).R'9,V&B8ORGX(SY66.-1#0\N$P&)2QO"UJ MX!32'QF'8-Y6>+Q>8TW^RIR/!%=PKHUPOC^YJ)Z@?CRF'XX%BMCZF59F3 M72[`]V)[4TNT>Y.WMXUOA;RI9`*ZX#2F(8:W=$?T=EH'@M,$!U:^[:'Y+U!+ M`0(>`Q0````(`"=QC$69.LC^Q@L``%Y+```1`!@```````$```"D@0````!A M M`Q0````(`"=QC$4]D]1-$`,``)<2```5`!@```````$```"D@1$,``!A`L``00E#@``!#D!``!02P$" M'@,4````"``G<8Q%M@4*WIT"``#U#P``%0`8```````!````I(%P#P``87)B M92TR,#$T,3`S,5]D968N>&UL550%``-:/8M4=7@+``$$)0X```0Y`0``4$L! M`AX#%`````@`)W&,15R)0'KU#0``B*0``!4`&````````0```*2!7!(``&%R M8F4M,C`Q-#$P,S%?;&%B+GAM;%54!0`#6CV+5'5X"P`!!"4.```$.0$``%!+ M`0(>`Q0````(`"=QC$4S\/G"4`D``(1V```5`!@```````$```"D@:`@``!A M`L``00E#@``!#D!``!0 M2P$"'@,4````"``G<8Q%#*BS[&,$``"[&0``$0`8```````!````I($_*@`` M87)B92TR,#$T,3`S,2YX`L``00E#@``!#D!``!02P4& 2``````8`!@`:`@``[2X````` ` end EXCEL 13 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%]E8F1D,3'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I% M>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O M#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O6QE M#I!8W1I=F53:&5E=#X-"B`@/'@Z4')O=&5C=%-T M#I0#I0#I0&UL/CPA6V5N9&EF72TM/@T*/"]H96%D/@T*("`\ M8F]D>3X-"B`@(#QP/E1H:7,@<&%G92!S:&]U;&0@8F4@;W!E;F5D('=I=&@@ M36EC'1087)T7V5B9&0Q-S,U7V,W969?-&-B M,U]A.60T7S@T9&-C9C8W,61C80T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO M+R]#.B]E8F1D,3'0O M:F%V87-C3X-"B`@("`\ M=&%B;&4@8VQA2!);F9O2!296=I M'0^)S$P+5$\'0^3V-T(#,Q+`T*"0DR,#$T/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^)V9A;'-E/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$"!+97D\+W1D/@T*("`@("`@("`\=&0@8VQA2!&:6QE3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)U-M86QL97(@ M4F5P;W)T:6YG($-O;7!A;GD\2!#=7)R96YT(%)E<&]R=&EN9R!3 M=&%T=7,\+W1D/@T*("`@("`@("`\=&0@8VQA2!6;VQU;G1A2!796QL+6MN;W=N(%-E87-O;F5D($ES'0^)TYO/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^)S(P,34\7!E.B!T97AT+VAT;6P[ M(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@ M/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E M>'0O:'1M;#L@8VAA'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQAF5D/"]T9#X-"B`@("`@("`@/'1D(&-L M87-S/3-$;G5M<#XQ,#`L,#`P+#`P,#QS<&%N/CPO7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S M8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I M=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA7!E/3-$=&5X="]J879A'0^)SQS<&%N/CPO'!E;G-E'0^)SQS<&%N/CPO'0^)SQS<&%N/CPO M'0^)SQS<&%N M/CPO3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]E8F1D M,3'0O:'1M;#L@8VAA'0^)SQS<&%N/CPO'0^)SQS<&%N M/CPO'0^)SQS<&%N/CPO3X-"CPO:'1M;#X- M"@T*+2TM+2TM/5].97AT4&%R=%]E8F1D,3'0O:'1M;#L@8VAA'0^)SPA+2UE9W@M+3X\<"!S='EL93TS1"=M87)G:6XZ,&-M(#!C;2`P<'0G M/CQF;VYT(&QA;F<],T1%3BU54SXH02D\+V9O;G0^/"]P/B`\<"!S='EL93TS M1"=M87)G:6XZ,&-M(#!C;2`P<'0[=&5X="UI;F1E;G0Z+3$N-7!T)SX\9F]N M="!L86YG/3-$14XM55,^5&AE(&-O;F1E;G-E9"!B86QA;F-E('-H965T(&%T M($%P2!A8V-E<'1E9"!I;B!T:&4@56YI=&5D(%-T871E28C,30V.W,@9FES8V%L('EE87(@ M,C`Q-"!!;FYU86P@4F5P;W)T(&]N($9O2!T:&4@0V]M<&%N>2!F'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA6QE/3-$)VUA6QE/3-$)VUA2!C;VYS:61E2!L:7%U:60@6QE M/3-$)VUA6QE/3-$)VUA2!A8V-E<'1E M9"!I;B!T:&4@56YI=&5D(%-T871E'!E;G-E3X-"CPO:'1M;#X-"@T*+2TM+2TM/5]. M97AT4&%R=%]E8F1D,3'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R"TM/CQP('-T>6QE/3-$)VUA6QE/3-$)VUA6QE/3-$)VUA6QE/3-$)VUA'!E M;G-E7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\>&UL M('AM;&YS.F\],T0B=7)N.G-C:&5M87,M;6EC'1087)T7V5B9&0Q-S,U7V,W =969?-&-B,U]A.60T7S@T9&-C9C8W,61C82TM#0H` ` end XML 14 R8.htm IDEA: XBRL DOCUMENT

Accounting Policies (Policies)	6 Months Ended
Accounting Policies (Policies)	Oct. 31, 2014
Accounting Policies:
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid short-term investments with a maturity of three months or less at time of purchase to be cash equivalents.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

- Definition

Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.

+ References+ Details

XML 15 R2.htm IDEA: XBRL DOCUMENT

CONDENSED BALANCE SHEETS (USD $)	Oct. 31, 2014	Apr. 30, 2014
Current Assets:
Cash and Cash Equivalents	$ 272,932	$ 272,087
Due From Related Parties	0	12,200
Total Current Assets	272,932	284,287
Total Assets	272,932	284,287
LIABILITIES AND STOCKHOLDERS' EQUITY
Total Liabilities	0	0
Commitments and Contingencies
Stockholders' Equity:
Preferred Stock, $.001 Par Value; 1,000,000 Shares Authorized; None Issued and Outstanding;	0	0
Common Stock, $.001 Par Value; 100,000,000 Shares Authorized; 7,350,540 Shares Issued and Outstanding	7,350	7,350
Additional Paid-In Capital	2,372,640	2,372,640
Retained Deficit	(2,107,058)	(2,095,703)
Total Stockholders' Equity	272,932	284,287
Total Liabilities and Stockholders' Equity	$ 272,932	$ 284,287

XML 16 R6.htm IDEA: XBRL DOCUMENT

Nature of Business	6 Months Ended
Oct. 31, 2014
Nature of Business:
Nature of Business	(A) The condensed balance sheet at April 30, 2014 was derived from audited financial statements but does not include all disclosures required by accounting principles generally accepted in the United States of America. The interim condensed financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission from the accounts of Arbor Entech Corporation (the “Company”) without audit; however, in the opinion of management, the information presented reflects all adjustments of a normal recurring nature which are necessary to present fairly the Company’s financial position and results of operations and cash flows for the periods presented. It is recommended that these condensed financial statements be read in conjunction with the financial statements and the notes thereto included in the Company’s fiscal year 2014 Annual Report on Form 10-K filed on July 29, 2014 and other financial reports filed by the Company from time to time.

Nature of Business

6 Months Ended

Oct. 31, 2014

Nature of Business:

Nature of Business

(A)

XML 17 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 18 R7.htm IDEA: XBRL DOCUMENT

SIGNIFICANT ACCOUNTING POLICIES

6 Months Ended

Oct. 31, 2014

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES

(B)

SIGNIFICANT ACCOUNTING POLICIES

Cash and Cash Equivalents

The Company considers all highly liquid short-term investments with a maturity of three months or less at time of purchase to be cash equivalents.

Use of Estimates

- Definition

The entire disclosure for all significant accounting policies of the reporting entity.

+ References+ Details

XML 19 R3.htm IDEA: XBRL DOCUMENT

CONDENSED BALANCE SHEETS PARENTHETICALS (USD $)	Oct. 31, 2014	Apr. 30, 2014
Parentheticals
Preferred Stock, par value	$ 0.001	$ 0.001
Preferred Stock, shares authorized	1,000,000	1,000,000
Common Stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	100,000,000	100,000,000
Common Stock, shares issued	7,350,540	7,350,540
Common Stock, shares outstanding	7,350,540	7,350,540

XML 20 R1.htm IDEA: XBRL DOCUMENT

Document and Entity Information	6 Months Ended
Document and Entity Information	Oct. 31, 2014
Document and Entity Information:
Entity Registrant Name	ARBOR ENTECH CORP
Entity Trading Symbol	ARBE
Document Type	10-Q
Document Period End Date	Oct. 31, 2014
Amendment Flag	false
Entity Central Index Key	0000710782
Current Fiscal Year End Date	--04-30
Entity Common Stock, Shares Outstanding	7,350,540
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2

XML 21 R4.htm IDEA: XBRL DOCUMENT

CONDENSED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
CONDENSED STATEMENTS OF OPERATIONS (USD $)	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2014	Oct. 31, 2013
Revenue:
Net Sales	$ 0	$ 0	$ 0	$ 0
Costs and Expenses:
Selling, General and Administrative Expenses	3,370	3,325	11,490	14,884
Loss from Operations	(3,370)	(3,325)	(11,490)	(14,884)
Other Income:
Interest	67	73	135	150
Net Loss	$ (3,303)	$ (3,252)	$ (11,355)	$ (14,734)
Loss Per Common Share - Basic and Diluted	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Weighted Average Shares Outstanding	7,350,540	7,350,540	7,350,540	7,350,540

XML 22 R5.htm IDEA: XBRL DOCUMENT

CONDENSED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
CONDENSED STATEMENTS OF CASH FLOWS (USD $)	Oct. 31, 2014	Oct. 31, 2013
Cash Flows from Operating Activities:
Net Loss	$ (11,355)	$ (14,734)
Changes in Operating Assets and Liabilities:
Decrease in Due from Related Party	12,200	0
Net Cash Provided by (Used in) Operating Activities	845	(14,734)
Increase (Decrease) in Cash and Cash Equivalents	845	(14,734)
Cash and Cash Equivalents - Beginning of Period	272,087	305,904
Cash and Cash Equivalents - End of Period	272,932	291,170
Supplemental Cash Flow Information:
Cash Paid for Interest	0	0
Cash Paid for Income Taxes	$ 0	$ 0

XML 23 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.8 Html 8 50 1 false 0 0 false 3 false false R1.htm 000010 - Document - Document and Entity Information Sheet http://www.arborentech.com/20141031/role/idr_DocumentDocumentAndEntityInformation Document and Entity Information true false R2.htm 000020 - Statement - CONDENSED BALANCE SHEETS Sheet http://www.arborentech.com/20141031/role/idr_CONDENSEDBALANCESHEETS CONDENSED BALANCE SHEETS false false R3.htm 000030 - Statement - CONDENSED BALANCE SHEETS PARENTHETICALS Sheet http://www.arborentech.com/20141031/role/idr_CONDENSEDBALANCESHEETSPARENTHETICALS CONDENSED BALANCE SHEETS PARENTHETICALS false false R4.htm 000040 - Statement - CONDENSED STATEMENTS OF OPERATIONS Sheet http://www.arborentech.com/20141031/role/idr_CONDENSEDSTATEMENTSOFOPERATIONS CONDENSED STATEMENTS OF OPERATIONS false false R5.htm 000050 - Statement - CONDENSED STATEMENTS OF CASH FLOWS Sheet http://www.arborentech.com/20141031/role/idr_CONDENSEDSTATEMENTSOFCASHFLOWS CONDENSED STATEMENTS OF CASH FLOWS false false R6.htm 000060 - Disclosure - Nature of Business Sheet http://www.arborentech.com/20141031/role/idr_DisclosureNatureOfBusiness Nature of Business false false R7.htm 000070 - Disclosure - SIGNIFICANT ACCOUNTING POLICIES Sheet http://www.arborentech.com/20141031/role/idr_DisclosureSIGNIFICANTACCOUNTINGPOLICIES SIGNIFICANT ACCOUNTING POLICIES false false R8.htm 000080 - Disclosure - Accounting Policies (Policies) Sheet http://www.arborentech.com/20141031/role/idr_DisclosureAccountingPoliciesPolicies Accounting Policies (Policies) false false All Reports Book All Reports Process Flow-Through: 000020 - Statement - CONDENSED BALANCE SHEETS Process Flow-Through: 000030 - Statement - CONDENSED BALANCE SHEETS PARENTHETICALS Process Flow-Through: 000040 - Statement - CONDENSED STATEMENTS OF OPERATIONS Process Flow-Through: 000050 - Statement - CONDENSED STATEMENTS OF CASH FLOWS arbe-20141031.xml arbe-20141031.xsd arbe-20141031_cal.xml arbe-20141031_def.xml arbe-20141031_lab.xml arbe-20141031_pre.xml true true