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Line Of Credit
3 Months Ended
Mar. 31, 2012
Line Of Credit [Abstract]  
Line Of Credit

Note 4:  Line of credit

 

At March 31, 2012, the Company had available a credit facility with Access Business Finance, LLC (“Access”) under which the Company may borrow up to a maximum of $3 million based on a borrowing base equivalent of 75% of eligible accounts receivable.  The terms of the line of credit are:  the minimum monthly interest payment is $1,000; the interest rate is Prime plus 5% but not less than 8.25%; and the early termination fee is $6,000.  The renewal date is September 1, 2012.  The Company’s obligations under the agreement are secured by its assets.    As of March 31, 2012, the Company had not borrowed on its line of credit.