RELATED PARTY TRANSACTIONS:

12 Months Ended

Sep. 30, 2012

RELATED PARTY TRANSACTIONS:

RELATED PARTY TRANSACTIONS:

12. RELATED PARTY TRANSACTIONS:

The Company's Series A Preferred Stock is owned by Mr. Christopher Atayan, AMCON's Chief Executive Officer and Chairman of the Board. During both fiscal 2012 and fiscal 2011, the Company paid Mr. Atayan cash dividends of approximately $0.2 million related to his ownership of the Series A Preferred Stock.

Our Retail Segment leases warehouse space from TIP Properties, LLC, which is owned by Eric Hinkefent, President of Chamberlin's Natural Foods, Inc. and Health Food Associates, and another Company employee. Annual rental payments related to this lease were approximately $0.1 million in both fiscal 2012 and fiscal 2011.