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Note 1 - Basis of Presentation
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3 Months Ended |
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Dec. 31, 2011
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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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