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Note 1 - Basis of Presentation
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9 Months Ended |
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Jun. 30, 2012
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| Basis of Accounting [Text Block] |
Note
1. Basis of Presentation
The
accompanying condensed financial statements are unaudited
and have been prepared by the Company in accordance with
accounting principles generally accepted in the United
States of America for interim financial information,
pursuant to the rules and regulations of the Securities and
Exchange Commission. Pursuant to these rules and
regulations, certain financial information and footnote
disclosures normally included in the financial statements
have been condensed or omitted. However, in the
opinion of management, the financial statements include all
adjustments, consisting of normal recurring accruals,
necessary for a fair presentation of the financial position
and results of operations and cash flows of the interim
periods presented. Operating results for the interim
periods presented are not necessarily indicative of results
to be expected for the full year or for any other interim
period, due to variability in customer purchasing patterns
and seasonal, operating and other factors. These condensed
financial statements should be read in conjunction with the
financial statements and notes thereto included in the
Company’s Annual Report on Form 10-K for the year
ended September 30, 2011.
In
preparation of the Company’s financial statements,
management is required to make estimates and assumptions
that affect reported amounts of assets and liabilities and
related revenues and expenses during the reporting periods.
As future events and their effects cannot be determined
with precision, actual results could differ significantly
from these estimates.
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