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&lt;p align="justify"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;&lt;b&gt;New Accounting Pronouncements &lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;
&lt;p style="margin-top: 6px; text-indent: 4%; margin-bottom: 0px;" align="justify"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;Information concerning recently issued accounting pronouncements that have not been adopted by the Company and could have a material impact, is presented below. &lt;/font&gt;&lt;/p&gt;
&lt;p style="margin-top: 18px; margin-bottom: 0px;" align="justify"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;&lt;b&gt;Accounting Standard Update 2010-06 &amp;ndash; Fair Value Measurements and Disclosures: Improving Disclosures about Fair Value Measurements &lt;/b&gt;&lt;/font&gt;&lt;/p&gt;
&lt;p style="margin-top: 6px; text-indent: 4%; margin-bottom: 0px;" align="justify"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;The FASB released amended guidance related to disclosures of fair value measurements. The update requires entities to enhance interim and annual disclosures about fair value measurements, specifically: &lt;/font&gt;&lt;/p&gt;
&lt;p style="margin-top: 6px; text-indent: -2%; margin-bottom: 0px; margin-left: 8%;"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;-Further disaggregate the level presented for debt and equity securities &lt;/font&gt;&lt;/p&gt;
&lt;p style="margin-top: 6px; text-indent: -2%; margin-bottom: 0px; margin-left: 8%;"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;-Disclose the amount and reason for significant transfers between fair value categories Level 1 and Level 2 &lt;/font&gt;&lt;/p&gt;
&lt;p style="margin-top: 6px; text-indent: -2%; margin-bottom: 0px; margin-left: 8%;"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;-Disclose information about the purchases, sales, issuances, and settlements for items in Level 3 of the fair value measurements on a gross basis rather than net &lt;/font&gt;&lt;/p&gt;
&lt;p style="margin-top: 12px; text-indent: 4%; margin-bottom: 0px;" align="justify"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;The enhanced disclosure for the first two items was effective for the interim period ended March&amp;nbsp;31, 2010 and is included in Note 4 to the extent applicable. The third item regarding Level 3 information is effective for the interim period ending March&amp;nbsp;31, 2011 and will be included at that time. &lt;/font&gt;&lt;/p&gt;
&lt;p style="margin-top: 18px; margin-bottom: 0px; font-size: 1px;"&gt;&amp;nbsp;&lt;/p&gt;
&lt;p style="margin-top: 0px; margin-bottom: 0px;"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;&lt;b&gt;Accounting Standard Update 2010-20 &amp;ndash; Receivables: Disclosures about the Credit Quality of Financing Receivables and the Allowance for Credit Losses &lt;/b&gt;&lt;/font&gt;&lt;/p&gt;
&lt;p style="margin-top: 6px; text-indent: 4%; margin-bottom: 0px;" align="justify"&gt;&lt;font style="font-family: Times New Roman;" class="_mt" size="2"&gt;In July 2010, the FASB released guidance requiring enhanced&amp;nbsp;disclosures&amp;nbsp;providing a&amp;nbsp;greater level of disaggregated information about the credit quality of an entity's financing receivables and the allowance for credit losses, as well as credit quality indicators, past due accounts information, and modifications of financing receivables.&amp;nbsp;The enhanced disclosures required for the&amp;nbsp;end of a reporting period are effective at December&amp;nbsp;31, 2010 and the disclosures about activity that occurs during a reporting period are effective beginning January&amp;nbsp;1, 2011.&amp;nbsp;Due to the nature of the Company's receivables, the update will have minimal impact on the Company's financial statements. &lt;/font&gt;&lt;/p&gt;&lt;/div&gt; &lt;/div&gt;</NonNumbericText>
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New Accounting Pronouncements
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 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
 -Publisher AICPA
 -Name Accounting Principles Board Opinion (APB)
 -Number 28
 -Paragraph 23, 24

Reference 3: http://www.xbrl.org/2003/role/presentationRef
 -Publisher SEC
 -Name Regulation S-X (SX)
 -Number 210
 -Section 01
 -Paragraph b
 -Subparagraph 6
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