Form 10-Q

0001273511-13-000040.txt : 20130517 0001273511-13-000040.hdr.sgml : 20130517 20130517143306 ACCESSION NUMBER: 0001273511-13-000040 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20130331 FILED AS OF DATE: 20130517 DATE AS OF CHANGE: 20130517 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OCULUS VISIONTECH INC. CENTRAL INDEX KEY: 0001107280 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 061576391 STATE OF INCORPORATION: WY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-29651 FILM NUMBER: 13854554 BUSINESS ADDRESS: STREET 1: 837 WEST HASTINGS STREET STREET 2: SUITE 507 CITY: VANCOUVER STATE: A1 ZIP: V6C 3N6 BUSINESS PHONE: 6046851017 MAIL ADDRESS: STREET 1: 837 WEST HASTINGS STREET STREET 2: SUITE 507 CITY: VANCOUVER STATE: A1 ZIP: V6C 3N6 FORMER COMPANY: FORMER CONFORMED NAME: OCULUS VISION TECH INC. DATE OF NAME CHANGE: 20120201 FORMER COMPANY: FORMER CONFORMED NAME: USA VIDEO INTERACTIVE CORP DATE OF NAME CHANGE: 20000217 10-Q 1 oculusmarch31201310q.htm QUARTERLY REPORT FOR PERIOD ENDED MARCH 31, 2013 Form 10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2013

Commission file number: 0-29651

OCULUS VISIONTECH INC.

(Exact name of registrant as specified in its charter)

WYOMING 06-1576391

(State or Other Jurisdiction of (I.R.S. Employer Identification No.)

Incorporation or Organization)

#507, 837 West Hastings Street, Vancouver, BC V6C 3N6

(Address of principal executive offices) (ZIP code)

(604) 685-1017

(Registrant's Telephone Number, including Area Code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes x No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of ‘‘accelerated filer and large accelerated filer’’ in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer o Accelerated filer o

Non-accelerated filer o Small reporting company x

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes o No x

At May 15, 2013, there were 13,572,568 shares of the registrant's common stock outstanding.

- 2 -

PART I.

FINANCIAL INFORMATION

Item 1.

Financial Statements

- 3 -

OCULUS VISIONTECH INC.

CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

March 31, 2013

(Unaudited)

(Stated in US Dollars)

- 4 -

OCULUS VISIONTECH INC AND SUBSIDIARY

CONDENSED CONSOLIDATED BALANCE SHEETS

(Stated in US Dollars)


	March 31	December 31
	2013	2012
	(UNAUDITED)	(AUDITED)
ASSETS

Current Assets:
Cash and cash equivalents	$ 8,029	$ 7,415
Accounts Receivable	5,500	3,529
Prepaid expenses and other current assets	3,016	494

Total current assets	16,545	11,438

Deferred Tax Assets, net of valuation allowance of $10,070,000 and
$10,060,000, respectively	-	-

Total Assets	$ 16,545	$ 11,438

LIABILITIES AND STOCKHOLDERS' DEFICIENCY

Current Liabilities:
Accounts payable and accrued expenses	$ 54,693	$ 49,728
Accounts payable and accrued expenses - related parties	242,149	212,833
Notes payable, net	58,399	58,399
Notes payable - related parties, net	520,947	520,947

Total current liabilities	876,188	841,907


Commitments and Contingencies

Stockholders' Deficiency:

Preferred stock - no par value; authorized 250,000,000 shares, none issued
Common stock - no par value; authorized 500,000,000
shares, issued and outstanding 13,572,568	38,755,638	38,755,638
Accumulated deficit	(39,615,281)	(39,586,107)

Stockholders' deficiency	(859,643)	(830,469)
Total Liabilities and Stockholders' Deficiency	$ 16,545	$ 11,438

SEE ACCOMPANYING NOTES

- 5 -

OCULUS VISIONTECH INC AND SUBSIDIARY

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Stated in US Dollars)

(Unaudited)


	Three Months Ended March 31, 2013	Three Months Ended March 31, 2012
Revenue	$ 12,981	$ 9,000

Expenses:
Cost of sales	407	1,350
Selling, general and administrative	32,856	66,757

Total expenses	33,263	68,107
Loss from operations	(20,282)	(59,107)

Other income (expense)
Interest (expense)	(8,892)	(39,396)

	(8,892)	(39,396)

Net loss	$ (29,174)	$ (98,503)

Net loss per share - basic and diluted	$ (.00)	$ (.01)
Weighted-average number of common
shares outstanding - basic and diluted	13,572,568	13,300,040

SEE ACCOMPANYING NOTES

- 6 -

OCULUS VISIONTECH INC AND SUBSIDIARY

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIENCY

(Stated in US Dollars)

(Unaudited)


	Common Stock		Accumulated	Stockholders'
	Shares	Amount	Deficit	Deficiency

Balance at December 31, 2012	13,572,568	$ 38,755,638	$ (39,586,107)	$ (830,469)
Net loss		-	(29,174)	(29,174)

Balance at March 31, 2013	13,572,568	$ 38,755,638	$ (39,615,281)	$ (859,643)

SEE ACCOMPANYING NOTES

- 7 -

OCULUS VISIONTECH INC AND SUBSIDIARY

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Stated in US Dollars)

(Unaudited)


	Three Months Ended March 31, 2013	Three Months Ended March 31, 2012
Cash flows from operating activities:
Net loss	$ (29,174)	$ (98,503)
Adjustments to reconcile net loss to net cash used in operating
activities:
Amortization of debt discount	-	30,368
Changes in operating assets and liabilities:
Increase in accounts receivable	(1,971)	(3,000)
Increase in prepaid expenses and other current assets	(2,522)	(336)
Increase (decrease) in accounts payable and accrued expenses	4,965	(22,696)
Increase in accounts payable and
accrued expenses due to related parties	29,316	9,611

Net cash used in operating activities	614	(84,556)

Net increase (decrease) in cash and cash equivalents	614	(84,556)

Cash and cash equivalents at beginning of year	7,415	99,833

Cash and cash equivalents at end of period	$ 8,029	$ 15,277

Supplemental disclosures of cash flow information:

Cash paid during the year for interest	$ -	$ -

SEE ACCOMPANYING NOTES

- 8 -

OCULUS VISIONTECH INC AND SUBSIDIARY

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

March 31, 2013

(Unaudited)

(Stated in US Dollars)

NOTE A – BASIS OF PRESENTATION

The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Rule 10-01(a)(5) of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of the management, all adjustments (consisting of normal recurring accruals) considered necessary for fair presentation have been included. The results for the interim periods are not necessarily indicative of the results that may be attained for an entire year or any future periods. For further information, refer to the Financial Statements and footnotes thereto in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2012.

NOTE B – GOING CONCERNS:

The accompanying condensed consolidated financial statements have been prepared assuming the Company will continue as a going concern. As shown in the financial statements, the Company has incurred loss of $29,174 for the three month period ended March 31, 2013 and, in addition the Company incurred losses of $339,219 and $161,612 for the years ended December 31, 2012 and 2011, respectively. As of March 31, 2013, the Company had an accumulated deficit of $39,615,281 and a working capital deficit of $859,643 These conditions raise doubt about the Company's ability to continue as a going concern. The Company's ability to continue as a going concern is dependent upon its ability to generate sufficient cash flow to meet its obligations as they come due which management believes it will be able to do. To date, the Company has funded operations primarily through the issuance of common stock and warrants to outside investors and the Company's management. The Company believes that its operations will generate additional funds and that additional funding from outside investors and the Company's management will continue to be available to the Company when needed. The Company also has certain lawsuits pending which could result in additional liabilities. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary in the event the Company cannot continue as a going concern.

- 9 -

Item 2.

Management's Discussion and Analysis of Financial Condition and

Results of Operations

CAUTIONARY STATEMENT

This document includes statements that may constitute forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. We caution readers regarding certain forward-looking statements in this document, press releases, securities filings, and all other documents and communications. All statements, other than statements of historical fact, including statements regarding industry prospects and future results of operations or financial position, made in this Quarterly Report on Form 10-Q ("Report") are forward looking. The words "believes," "anticipates," "estimates," "expects," and words of similar import, constitute "forward-looking statements." While we believe in the veracity of all statements made herein, forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by us, are inherently subject to significant business, economic and competitive uncertainties and contingencies and known and unknown risks. As a result of such risks, our actual results could differ materially from those expressed in any forward-looking statements made by, or on behalf of, our company. We will not necessarily update information if any forward-looking statement later turns out to be inaccurate. Our actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including risks and uncertainties set forth in our Annual Report on Form 10-K, as well as in other documents we file with the Securities and Exchange Commission ("SEC").

The following information has not been audited. You should read this information in conjunction with the unaudited financial statements and related notes to the financial statements included in this report.

OVERVIEW OF THE COMPANY

We design and market to business customers digital watermarking, streaming video and video-on-demand (VOD) systems, services and source-to-destination digital media delivery solutions that allow live or recorded digitized and compressed video to be transmitted through Internet, intranet, satellite or wireless connectivity. The Company’s systems, services and delivery solutions include digital watermark solutions and video content production, content encoding, media asset management, media and application hosting, multi-mode content distribution, transaction data capture and reporting, e-commerce, specialized engineering services, and Internet streaming hardware.

The Company’s products and services are based on its media delivery infrastructure and software. It has developed a number of specific products and services. These include MediaSentinel and SmartMarks, a process that watermarks digital video content; StreamHQ, a collection of source-to-destination media delivery services marketed to businesses; EncodeHQ, a service that digitizes and compresses analog-source video; hardware server and encoder system applications under the brand name Hurricane Mediacaster; ZMail, a service that delivers Web and rich media content to targeted audiences, and mediaClix, a service that delivers content similar to Zmail but originating from an existing Web presence.

As more fully discussed below we have not been profitable, and our revenues for the three-months ended March 31, 2013 were $12,981. We cannot predict our revenue levels for the next 3 months, or thereafter, nor when, or if, our operations will become profitable. We will require additional financing, both for the next 3 months and thereafter, to continue to operate and expand our business. There is no assurance that such financing will be available on commercially reasonable terms, if at all.

- 10 -

BUSINESS OBJECTIVES:

We have established the following near-term business objectives:

Patent and license new technology developed within the corporate research and development program;

Attain industry recognition for the superior architectural, functional, and business differentiators of our MediaSentinel™ architecture;

Demonstrate proof of concept on a commercial project with MediaSentinel™ architecture;

Establish StreamHQ™as the industry standard in the streaming video and rich media marketplace;

Expand StreamHQ™ functionality to provide enhanced support for corporate training and education markets.

CRITICAL ACCOUNTING POLICIES (AND ESTIMATES)

Our discussion and analysis of our financial condition and results of operations are based upon our financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States. The preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. On an ongoing basis, we evaluate these estimates, including those related to customer programs and incentives, bad debts, inventories, investments, intangible assets, income taxes, warranty obligations, impairment or disposal of long-lived assets, contingencies and litigation. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.

We have identified the policies below as critical to our business operations and to the understanding of our financial results. The impact and any associated risks related to these policies on our business operations is discussed throughout management’s discussion and analysis of financial condition and results of operations where such policies affect our reported and expected financial results:

—

Revenue recognition;

—

Impairment or disposal of long-lived assets;

—

Deferred taxes;

—

Accounting for stock-based compensation; and

—

Commitments and contingencies.

REVENUE RECOGNITION. Revenue is recognized for digital water marking based on a contracted usage schedule on a monthly billing cycle. Software revenue and other services are recognized in accordance with the terms of the specific agreement, which is generally upon delivery and when accepted by customer. Maintenance, support and service revenue are recognized ratably over the term of the related agreement. In order to recognize revenue, we must not have any continuing obligations and it must also be probable that we will collect the accounts receivable.

- 11 -

IMPAIRMENT OR DISPOSAL OF LONG-LIVED ASSETS. Long-lived assets are reviewed in accordance with ASC Topic 360-10-05. Impairment or disposal of long-lived assets losses are recognized in the period the impairment or disposal occurs.

DEFERRED TAXES. We record a valuation allowance to reduce deferred tax assets when it is more likely than not that some portion of the amount may not be realized.

ACCOUNTING FOR STOCK-BASED COMPENSATION. Under ASC Topic 718, Stock Compensation (formerly referred to as SFAS No. 123(R)), the Company estimates the fair value of stock options granted using the Black-Scholes option pricing model. The fair value for awards that are expected to vest is then amortized on a straight-line basis over the requisite service period of the award, which is generally the option vesting term. The amount of expense attributed is based on estimated forfeiture rate, which is updated based on actual forfeitures as appropriate. This option pricing model requires the input of highly subjective assumptions, including the expected volatility of the Company’s common stock, pre-vesting forfeiture rate and an option’s expected life. The financial statements include amounts that are based on the Company’s best estimates and judgments.

COMMITMENTS AND CONTINGENCIES. We account for commitments and contingencies in accordance with ASC Topic 450 Contingencies (formerly referred to as financial accounting standards board Statement No. 5, Accounting for Contingencies). We record a liability for commitments and contingencies when the amount is both probable and reasonably estimable.

RESULTS OF OPERATIONS

Sales

Sales for the three-month period ended March 31, 2013 and 2012 were $12,981 and $9,000, respectively. Revenues were generated from Software License Agreement from our Smartmark™ Software. Sales for 2013 and 2012 were from one customer.

Cost of Sales

The cost of sales for the three months ended March 31, 2013 and 2012 were $407 and $1,350, respectively. Costs are the commissions and royalties on our video watermarking license agreement. The contract for royalties expired in 2012.

Selling, General and Administrative Expenses

Selling, general and administrative expenses, consisting of product marketing expenses, consulting fees, office, professional fees and other expenses to execute our business plan and for our day-to-day operations, decreased in the three months ending March 31, 2013. We have a contract for our Smartmark™ Software and delivered acceptable release to start billing and delivered additional server licenses. Professional and filing fees decreased due to the non recurring expense with the reverse split of our stock in 2012.

Selling, general and administrative expenses for the three months ended March 31, 2013 decreased by $33,901 to $32,856 from $66,757 for the three months ended March 31, 2012.

Product marketing costs for the three months ended March 31, 2013, decreased to $-0- from $17,743 for the comparable period in 2012. We incurred decreased costs in 2013 due to management’s decision to concentrate the company’s current customer base.

- 12 -

Professional fees for the three months ended March 31, 2013, decreased to $3,337 from $12,918 for the comparable period in 2012. We incurred decreased costs in 2013 due to cost associated with the company stock split in 2012.

Salaries and fees for the three months ended March 31, 2013 and 2012 were $-0-. No cost were incurred due to management and employee reductions.

We have arranged for additional staff and consultants to engage in marketing activities in an effort to identify and assess appropriate market segments, develop business arrangements with prospective partners, create awareness of new products and services, and communicate to the industry and potential customers. Other components of selling, general and administrative expense did not change significantly.

Net Losses

To date, we have not achieved profitability and expect to incur substantial losses for the foreseeable future. Our net loss for the three-months ended March 31, 2013 was $29,174, compared with a net loss of $98,503 for 2012.

Liquidity and Capital Resources

At March 31, 2013 our cash position was $8,029, a increase of $614 from December 31, 2012. We had a working capital deficit of $859,643 and an accumulated deficit of $39,615,281 at March 31, 2013.

We have historically satisfied our capital needs primarily by issuing equity securities to our officers, directors, employees and a small group of investors, and from short-term bridge loans from members of management. During the three-months ended March 31, 2013, short term advances were received from officers and directors.

We will require additional financing to fund current operations through fiscal 2013. We have historically satisfied our capital needs primarily by issuing equity securities and receiving advances from related parties. We will require an additional $0.75 million to $1.25 million to finance operations through fiscal 2013 and we intend to seek such financing through sales of our equity securities.

Assuming the aforementioned $0.75 million to $1.25 million in financing is obtained, we believe that continuing operations for the longer term will be supported through anticipated licensing revenues and through additional sales of our securities. We have no binding commitments or arrangements for additional financing, and there is no assurance that we will be able to obtain any additional financing on terms acceptable to us, if at all.

OFF-BALANCE SHEET ARRANGEMENTS

We do not maintain any off-balance sheet transactions, arrangements, or obligations that are reasonably likely to have a material effect on our financial condition, results of operations, liquidity, or capital resources.

Item 3.

Quantitative and Qualitative Disclosures About Market Risk

We believe our exposure to overall foreign currency risk is not material. We do not manage or maintain market risk sensitive instruments for trading or other purposes and we are not exposed to the effects of interest rate fluctuations as we do not carry any long-term debt.

- 13 -

We report our operations in US dollars and our currency exposure, although considered by us as immaterial, is primarily between US and Canadian dollars. Exposure to other currency risks is also not material as international transactions are settled in US dollars. Any future financing undertaken by us will be denominated in US dollars. As we increase our marketing efforts, the related expenses will be primarily in US dollars. At March 31, 2013, 100% of our bank deposits are maintained in U.S. dollars.

Item 4.

Controls and Procedures

Our management, with the participation of our Chief Executive Officer and Chief Financial Officer, has evaluated the effectiveness of our disclosure controls and procedures, as defined in Exchange Act Rules 13a-15(e) and 15d-15(e), as of the end of the period covered by this report.

In designing and evaluating our disclosure controls and procedures, management recognized that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives.

No system of controls can prevent errors and fraud. A control system, no matter how well designed and operated, can provide only reasonable, not absolute, assurance that the control system’s objectives will be met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within our company have been detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur. Controls can also be circumvented by individual acts of some people, by collusion of two or more people, or by management override of the controls. The design of any system of controls is based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions. Over time, controls may become inadequate because of changes in conditions or deterioration in the degree of compliance with its policies or procedures. Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur and not be detected.

Subject to the limitations above, management believes that the consolidated financial statements and other financial information contained in this report, fairly present in all material respects our financial condition, results of operations, and cash flows for the periods presented.

Based on the evaluation of the effectiveness of our disclosure controls and procedures, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) were not effective as a result of the weaknesses in the design of our internal control over financial reporting.

PART II.

OTHER INFORMATION

Item 1.

Legal Proceedings

None.

Item 1A. Risk Factors

A description of the risks associated with our business, financial condition, and results of operations is set forth in Part I, Item 1A, of our Annual Report on Form 10-K for the fiscal year ended December 31, 2012. These factors continue to be meaningful for your evaluation of our company and we urge you to review and consider the risk factors presented in the Form 10-K. There have been no material changes to these

- 14 -

risks presented in the Form 10-K.

Item 2.

Changes in Securities and Use of Proceeds

None.

Item 3.

Defaults Upon Senior Securities.

None.

Item 4.

Removed and Reserved.

N/A.

Item 5.

Other Information.

None.

Item 6.

Exhibits and Reports on Form 8-K

(a)

Exhibit(s)

Certifications pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

31.2

Certifications pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

32.1

Certifications pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

32.2

Certifications pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.


Number	Exhibit Description
31.1	Certification of Chief Executive Officer pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2	Certification of Chief Financial Officer pursuant to Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1	Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2	Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.


Number	Exhibit Description
101	Interactive data files formatted in XBRL (eXtensible Business Reporting Language): (i) the Consolidated Balance Sheets, (ii) the Consolidated Statements of Operations, (iii) the Consolidated Statements of Cash Flows, and (iv) the Notes to the Consolidated Financial Statements.
	101.INS	XBRL Instance Document
	101.SCH	XBRL Taxonomy Extension Schema Document
	101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
	101.DEF	XBRL Taxonomy Extension Definition Linkbase Document
	101.LAB	XBRL Taxonomy Extension Label Linkbase Document
	101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

OCULUS VISIONTECH INC.

Dated: May 17, 2013

By: /s/ Anton J. Drescher

--------------------------------

Name: Anton J. Drescher

Title: Chief Financial Officer

EX-31.1 2 exhibit311.htm CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 OF SOX Exhibit 31.1

Exhibit 31.1

CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO RULE 13A-14 OR 15D-14 OF THE SECURITIES EXCHANGE ACT OF 1934, AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Rowland Perkins, certify that:

I have reviewed this quarterly report on Form 10-Q of Oculus VisionTech Inc.;

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;

The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entitles, particularly during the period in which this report is being prepared;

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent function):

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

By: /s/ Rowland Perkins

-----------------------------------

Name: Rowland Perkins

Title: Chief Executive Officer

Date: May 17, 2013

EX-31.2 3 exhibit312.htm CERTIFICATION OF THE CHIEF FINANCIALOFFICER PURSUANT TO SECTION 302 OF SOX Exhibit 31.2

Exhibit 31.2

CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO RULE 13A-14 OR 15D-14 OF THE SECURITIES EXCHANGE ACT OF 1934, AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Anton J. Drescher, certify that:

I have reviewed this quarterly report on Form 10-Q of Oculus VisionTech Inc.;

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

By: /s/ Anton J. Drescher

------------------------------------

Name: Anton J. Drescher

Title: Secretary and Chief Financial Officer

Date: May 17, 2013

EX-32.1 4 exhibit321.htm CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT SECTION 906 OF SOX Exhibit 32.1

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Oculus VisionTech Inc. (the “Company”) on Form 10-Q for the period ended March 31, 2013, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Rowland Perkins, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002 that:

this report fully complies with the requirements of Sections 13(a) or 15(d) of the 1934 Act, and

the information contained in this report fairly presents, in all material respects, the registrant's financial condition and results of operations of the registrant.

By: /s/ Rowland Perkins

-----------------------------------

Name: Rowland Perkins

Title: Chief Executive Officer

Date: May 17, 2013

EX-32.2 5 exhibit322.htm CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 OF SOX Exhibit 32.2

Exhibit 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Oculus VisionTech Inc. (the “Company”) on Form 10-Q for the period ended March 31, 2013, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Anton J. Drescher, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002 that:

this report fully complies with the requirements of Sections 13(a) or 15(d) of the 1934 Act, and

the information contained in this report fairly presents, in all material respects, the registrant's financial condition and results of operations of the registrant.

By: /s/ Anton J. Drescher

------------------------------------

Name: Anton J. Drescher

Title: Secretary and Chief Financial Officer

Date: May 17, 2013

EX-101.INS 6 ovtz-20130331.xml XBRL INSTANCE FILE 0001107280 2013-01-01 2013-03-31 0001107280 2012-01-01 2012-03-31 0001107280 2012-01-01 2012-12-31 0001107280 2011-01-01 2011-12-31 0001107280 2013-03-31 0001107280 2012-03-31 0001107280 2013-05-15 0001107280 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2012-12-31 0001107280 us-gaap:RetainedEarningsMember 2012-12-31 0001107280 2012-12-31 0001107280 us-gaap:RetainedEarningsMember 2013-01-01 2013-03-31 0001107280 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2013-03-31 0001107280 us-gaap:RetainedEarningsMember 2013-03-31 0001107280 2011-12-31 0001107280 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2012-01-01 2012-12-31 0001107280 us-gaap:RetainedEarningsMember 2012-01-01 2012-12-31 0001107280 us-gaap:CommonStockIncludingAdditionalPaidInCapitalMember 2013-01-01 2013-03-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares OCULUS VISIONTECH INC. 0001107280 10-Q 2013-03-31 false --12-31 Yes Smaller Reporting Company Q1 2013 13572568

8029

15277

5500

3016

16545

54693

242149

58399

520947

876188

38755638

-39615281

-859643

16545

10070000

250000000

500000000

13572568

12981

9000

407

1350

32856

66757

33263

68107

-20282

-59107

-8892

-39396

-29174

-98503

.00

-.01

13572568

13300040

13572568

38755638

-39586107

-830469

-29174

13572568

38755638

-39615281

30368

1971

3000

336

2522

4965

-22696

-9611

-29316

614

-84556

614

-84556

7415

99833

3529

494

11438

49728

212833

58399

520947

841907

38755638

-39586107

11438

10060000

250000000

500000000

13572568

NOTE A – BASIS OF PRESENTATION The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Rule 10-01(a)(5) of Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.  In the opinion of the management, all adjustments (consisting of normal recurring accruals) considered necessary for fair presentation have been included.  The results for the interim periods are not necessarily indicative of the results that may be attained for an entire year or any future periods.  For further information, refer to the Financial Statements and footnotes thereto in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2012.

NOTE B – GOING CONCERNS: The accompanying condensed consolidated financial statements have been prepared assuming the Company will continue as a going concern.  As shown in the financial statements, the Company has incurred loss of $29,174 for the three month period ended March 31, 2013 and, in addition the Company incurred losses of $339,219 and $161,612 for the years ended December 31, 2012 and 2011, respectively. As of March 31, 2013, the Company had an accumulated deficit of $39,615,281 and a working capital deficit of $859,643 These conditions raise doubt about the Company's ability to continue as a going concern.  The Company's ability to continue as a going concern is dependent upon its ability to generate sufficient cash flow to meet its obligations as they come due which management believes it will be able to do.  To date, the Company has funded operations primarily through the issuance of common stock and warrants to outside investors and the Company's management.  The Company believes that its operations will generate additional funds and that additional funding from outside investors and the Company's management will continue to be available to the Company when needed.  The Company also has certain lawsuits pending which could result in additional liabilities.  The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary in the event the Company cannot continue as a going concern.

-339219

-161612

-859643

EX-101.SCH 7 ovtz-20130331.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 000900 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 100100 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS link:presentationLink link:calculationLink link:definitionLink 100101 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) link:presentationLink link:calculationLink link:definitionLink 100200 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) link:presentationLink link:calculationLink link:definitionLink 100300 - Statement - CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIENCY (Unaudited) link:presentationLink link:calculationLink link:definitionLink 100400 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) link:presentationLink link:calculationLink link:definitionLink 200100 - Disclosure - BASIS OF PRESENTATION link:presentationLink link:calculationLink link:definitionLink 200100 - Disclosure - GOING CONCERNS link:presentationLink link:calculationLink link:definitionLink 600200 - Disclosure - GOING CONCERNS (Textual) (Details) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 8 ovtz-20130331_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 9 ovtz-20130331_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 10 ovtz-20130331_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Document and Entity Information [Abstract] Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Entity Current Reporting Status Entity Filer Category Document Fiscal Period Focus Document Fiscal Year Focus Entity Common Stock Shares Outstanding Condensed Consolidated Balance Sheets [Abstract] Assets [Abstract] ASSETS Assets, Current [Abstract] Current Assets: Cash and Cash Equivalents, at Carrying Value Cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of period Accounts receivable Accounts Receivable, Net, Current Prepaid Expense and Other Assets, Current Prepaid expenses and other current assets Assets, Current Total current assets Deferred Tax Assets, Net, Noncurrent Deferred Tax Assets, net of valuation allowance of $10,070,000 and $10,060,000, respectively Assets Total Assets Liabilities and Equity [Abstract] LIABILITIES AND STOCKHOLDERS' DEFICIENCY Liabilities, Current [Abstract] Current Liabilities: Accounts Payable and Accrued Liabilities, Current Accounts payable and accrued expenses Accounts payable and accrued expenses - related parties Due to Related Parties, Current Notes Payable, Current Notes payable, net Notes Payable, Related Parties, Current Notes payable- related parties, net Liabilities, Current Total current liabilities Commitments and Contingencies Commitments and Contingencies Stockholders' Equity Attributable to Parent [Abstract] Stockholders' Deficiency: Preferred Stock, Value, Issued Preferred stock - no par value; authorized 250,000,000 shares, none issued Retained Earnings (Accumulated Deficit) Accumulated deficit Stockholders' Equity Attributable to Parent Stockholders' deficiency Balance at December 31, 2012 Balance at March 31, 2013 Liabilities and Equity Total Liabilities and Stockholders' Deficiency Deferred Tax Assets, Valuation Allowance Deferred Tax Assets, valuation allowance Preferred Stock, No Par Value Preferred Stock, No par value Preferred Stock, Shares Authorized Preferred Stock, shares authorized Preferred Stock, Shares Issued Preferred Stock, shares issued Common Stock, No Par Value Common Stock, No par value Common Stock, Shares Authorized Common Stock, shares authorized Common Stock, Shares, Issued Common Stock, shares issued Common Stock, Shares, Outstanding Common Stock, shares outstanding Condensed Consolidated Statements of Operations [Abstract] Revenues Revenue Expenses: Costs and Expenses [Abstract] Cost of Goods Sold Cost of sales Selling, General and Administrative Expense Selling, general and administrative Costs and Expenses Total expenses Operating Income (Loss) Loss from operations Other income (expense) Other Income and Expenses [Abstract] Interest Income (Expense), Net Interest (expense) Nonoperating Income (Expense) Other income (expense) Net Income (Loss), Including Portion Attributable to Noncontrolling Interest Net Loss Net Loss Net loss Earnings Per Share, Basic and Diluted Net loss per share - basic and diluted Weighted-average number of common shares outstanding - basic and diluted Weighted Average Number of Shares Outstanding, Basic and Diluted Statement of Stockholders' Equity [Abstract] Statement [Table] Equity Components [Axis] Statement [Line Items] Increase (Decrease) in Stockholders' Equity [Roll Forward] Stockholders' Deficiency Common Stock Including Additional Paid in Capital [Member] Common Stock Retained Earnings [Member] Accumulated Deficit Equity Component [Domain] Shares, Outstanding Balance at December 31, 2012, Shares Balance at March 31, 2013, Shares Condensed Consolidated Statements of Cash Flows [Abstract] Net Cash Provided by (Used in) Operating Activities [Abstract] Cash flows from operating activities: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Adjustments to reconcile net loss to net cash used in operating activities: Increase (Decrease) in Operating Capital [Abstract] Changes in operating assets and liabilities: Increase (Decrease) in Accounts Receivable Increase in accounts receivable Increase (Decrease) in Prepaid Expense and Other Assets Increase in prepaid expenses and other current assets Increase (Decrease) in Accounts Payable and Accrued Liabilities Increase (decrease) in accounts payable and accrued expenses Increase in accounts payable and accrued expenses due to related parties Increase (Decrease) in Due from Related Parties, Current Net Cash Provided by (Used in) Operating Activities Net cash used in operating activities Cash and Cash Equivalents, Period Increase (Decrease) Net increase (decrease) in cash and cash equivalents Basis of Presentation [Abstract] Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] BASIS OF PRESENTATION Going Concerns [Abstract] Going Concerns [Text Block] GOING CONCERNS: Going concerns. Going Concerns (Textual) [Abstract] Working Capital (Deficit) Working capital (deficit) Working capital deficit. Supplemental Cash Flow Information [Abstract] Supplemental disclosures of cash flow information: Interest Paid Cash paid during the period for interest Common Stock, Including Additional Paid in Capital Common stock - no par value; authorized 500,000,000 shares, issued and outstanding 13,572,568 Amortization Of Debt Discount Premium Amortization of debt discount EX-101.PRE 11 ovtz-20130331_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT XML 12 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 13 R9.htm IDEA: XBRL DOCUMENT

GOING CONCERNS (Textual) (Details) (USD $)	3 Months Ended		12 Months Ended
GOING CONCERNS (Textual) (Details) (USD $)	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2012	Dec. 31, 2011
Going Concerns (Textual) [Abstract]
Net Loss	$ (29,174)	$ (98,503)	$ (339,219)	$ (161,612)
Accumulated deficit	(39,615,281)		(39,586,107)
Working capital (deficit)	$ (859,643)

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A1, A4, A5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 19

-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569616-111683

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 29

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 5

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 55

-Paragraph 4K

-URI http://asc.fasb.org/extlink&oid=18733213&loc=SL4591552-111686

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 1A

-Subparagraph (a),(c)

-URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph c(1)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 55

-Paragraph 4J

-URI http://asc.fasb.org/extlink&oid=18733213&loc=SL4591551-111686

+ Details

ZIP 14 0001273511-13-000040-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001273511-13-000040-xbrl.zip M4$L#!!0````(`"UTL4*.=+1L/`\```EM```1`!P`;W9T>BTR,#$S,#,S,2YX M;6Q55`D``_5WEE'U=Y91=7@+``$$)0X```0Y`0``[5WI<^+&$O^>JOP/$UXJ M+ZDR1@>GO=X4ZV/CRJ[M&&^.3ZZQ-,`D.G@:R3;YZU_W2`(=@`0(O$XVE?(: M::;[U\?T=(]:^,V/S[9%'IDGN.NW7W_U MYIMZG;QG#O.HSTSR,"47P9_<%P&Y='R8[=,1([__1AV3O%/4=OO^HZ*2>AUG M/C]X%C_"GP1X.>+H6?"3VMCW)T>-QM/3T^&3?NAZHX:F*&KC]X\?!L:8V;3. M'2#J&*Q&8/R1D!<_N`;U)=!H.E*-)[?E)Y.3!.E%]^OX^^&S,&L1'O?1_SL% MR#4"*Q"/''7B,V-\:+@V4%!U1=?5>);%G;]2LY*\]`;>?J""Q<--QM.H!3,. M1^YC`VX@;:VNJ/4Y]1#J2CF30_D*)`E%RO%V)A;#E MM;''ABZ8S+S7U8_4P[DA MZ]DDYOCYB=>'G'E$PF,I<6+KG5[^7'NK@.>J2D?K*F\:VM8PPG=:+O7C=KZ2*>OU&]:=;55M6Y.P]_O M+T-Z]Z>N;;O.P'>-ORX=PPHP(>^;)L?TEUHWE)N7SBF=<)]:'YG]P+P7T.,\ M3K&1S69*F-TP`<;SQ.(&]T.,Q.0P+BPUHN3Q:.!#2,+9Y_\+`#'(/7$=^"CZ MSUS4WL;#UM;'F\9""'/HC478MUPVJ7"[*]>X93[E#C//J>>`%L2_POZ+A?[' M&OFU1<4=:^4L\&3A_\7W]^_[GVDANO6&>?\2:=F7+7,O67BY+?,?[P&?S::Y MEV+K-57V"=VH>]HZOU04KR0\?J:':25SL2]!]8MS;!)M_O%^\SKBSEG_*RUV4M6+*2;8G3''M;FSFF&1 M*K(<\T3CNPFY\_HS&3\ZEZYZRT9<^![D/E?49B3RCEM\ZKOJ4>[UZ:[SSVQ:FF\RNBRE-F=VYAH! MKM*[Z:2\;*I2_R6DGIR>)WHC%]=YN/!*4T\NW:74YLSZ<,_$^Q<6'95F,J26 M8"']%($YW=/`\_`B%P:U_F#46U>.>KREK:*6,WLX[I9-7,^'2(Q!/!"E>?Z! MBZ*(6I;G!;>8=PI@1JY7WM$&-K5@'ID1)[C#4&>:!)`BG7>04!VA82_@6GE! M?\DX1X[2,F:H^_58X<]%S&:4<&%$;_ M2JV`E0,Y5]$]-8B^/.06I9D&I+ZW2V0MDW##>`0;?,8##AP6)7 MS(]6W)8:;+4498YM%:,TI!N/32!A.W^>0#+(0)YK?\R\OA#,%]4@TQ6U/4=6 M@E]&9Q5"4=NM9BNAI2*NNV"WV"-NZ!2M!/J`*U[`S`^RM9KNG MYSVD!.,TXK.`W;FWS,+NR1M(J2L#J$%6V$Q$@>6,TH"N7)_%8E2DJJ[>2P!9 MP&`Y@@Q@BPJ!99I9$3)-Z34[BZ$5<$Y#KMR]NIVVVNW.D16YT1HUY+;QI]MI MM=IZ`ML:O-.@LPVW89KKJ'&PQSS1&*=;8M4SF MB;",WQ93M]5K-Q.A(\]AJ6]!6*D<3R:J%G'+1"\V9."-YAU]#L,Q[(M7KF-$ M:P`;M!UNG=1\"(7K8VOD?9S[MDP+(%$`8F!`YA@`M6).L*N&4#6MRSW"Q(54DIR'S#+ M`H.'KUE96%R8-G?DV:7/'UE4_56A$5WKMA+E93G&>P*;TV"[W6EUM@.+:L=L M(KI9R>K1=:VMIRV;9%$Y@+Q>NFK6L9<#N)[@\P#0&^3NKLT^N*(2)=0U1>MJ M5&TOJ:1"2"6U=..Y0^Y7MZ!Z:J>93%QCZA5RS8O>Z[84 MO9AK7$[?,$_F*>^HX`;$G#-N!7XJ7],V4T#RX>EA,EDHX+QKF-IRF/5#1=T0 MYV^,C\9PM?\(;C9B5P$^W[\>RHF)#'`Y_$W<;'D6NAF<%Q))6RB2#AEF4ZE6 MI#4J@.W?XBECIX(289VSHRH!+SDW+#I_SVV@GX/;YU$M.!@O@M6WLMUXS.:!O>IPJG2:TUB7:04YCJ[H27\JY)G-A0V/4<'.6/CO MI9-_6ES)F4ROHR:SXF*N>\&Y0)O)[*P*G-$S[OCX>N&S[DJ0Z^U5P,O`>"%1 M\@]_6YJV:UG*//*NY)"NUVZ5<:A5.%Y(EGSLZM@ MG:*PK:Z,1:L`[!G\HCI:5U>:H#QZ[`*B8@S)$C:RFN^FGP2#E&!VQM0W?/Y8 MV4)HJXD$K3SK/4+.>TJWV4J>)V^*>G%S6-ALF#5@Y:I>A_E>81>JNVKDI1L` M"RJ?3E-M%:'<7W]B_'I@]IE4KZOK6Z'<^3/6=7LP-^^`7"_&;MG[N$X+7Q$P16F_0//>2E35M^TM9_>B#7N% ML+9MU=M0S1LUZ17K>*_M><5P]MJ85PFKKT1=:*39.`D7(N;X9)U3'!- M`;M;=,I\P1U8P9Q:LU?&!1XZ6RZ^57L'"-]9P*[T"W/?6?[Q-_7Z`-_1OO"H M?`N\7O]NY!]__17>FQ#A3RUV4K.I-^+.D3)Y/B83:J((=0\?C!ZIASU=Q\M# M8%$78/HC59V`AJC%1\Y)[<]`^'PXK2%1)/F`OUQ=WYV3/OF.VI/C_W0U53TF M[_J#RP&YOB`WM^>#\ZN[_MWE]15.:#S$4QN3E!0V#/QL;,Q,Q=\&,;6`;JQ>:WJ`Q&$_=8GC^L`$2&O5O,9\M5',2YZ4C(;@3[B#[")%-'3J2@P\D4&JBGX0V^A[- MR(7D"L,=A&X!4BSU\!K%V@7BP@_2WAQV>D#J0"DM!/6F$MV0<@\M/%NL"<-' M^C&3(-&G8'1@^:%TH=)"NX9?=2`(.(O4;\R)@Z(XQ`]#]BG&@L54_#'U0T"Q0D\K,:3=CP@D#P?.MP)^$!(B-$S&Q<3+0(5ARVPTT!OZ#^Z+T+;@8Y MXI7%]7>IN/[^^O+J/3F]OCH]O[T:'.TKHEO@_?4Q"T71)_XQ61'C%[')Q7S0 MO8D'51O&?"B@`QOI)%8"A&D(1(8L6B$3I+`@=JISE;73ZZ$;'1CZ)8$"TR<"9C'*\P'5?V M@=RXHC(QQ2G%A85\=+UWH*D]&1*^5=OJ05O59EQQ,8MEJUE.P9-6C#ABPO"L MGUG30]*7E-/`LB*;&.[HO%"$G"ZL2R6F'J!H'6A=5?*@Y,GU_I+ZGI78\\'= M%HQNZ@0\0CI%0)CG4P^]DD7D-6`'W9?!$ M`.:[7K@5I>TR%V&)[N>2R;U4:F:.4(HZTRF='9=(86)^,"US!TTV]%Q[38B9 MV``BHI8?*;=B5:<"R1ABC[+",/1NT8T<%C M^%=[T`MPD&>&`95AQ(LB"K7E>?."63)H)*!'B1)N#:C3>1H7!59\J2BUI&'1 M."C'JL5<-G=8L;MOT)Z]XH]^Y$[7]!Y$XXK:PE?\58PL7XC\$/C7XEOB1&2+ M[Z0L..K="$7)=KIJF&W?;)C!$;\Y@5-WT9RW-?TE^.5:^BWBTR,#$S,#,S,5]C86PN>&UL550)``/U=Y91]7>6475X"P`!!"4.```$ M.0$``-5<6V_;-A1^'[#_H+G/BNUX"]:@7N'&31$@38*DW?I6T-*QS54B/9%R MG/[ZDC+E2#(E4DXZ,2]Q39WS\5P^'EY$]\W;31QY:T@8IF3<&QX->AZ0@(:8 M+,:]SY_._3][;__Z]9O//T7\Q9ZET0+K0Y6H#WY1]$ M0N_=8'AR\O7C8.CYOM2,,/EV*O_,$`-/=$?8Z8;A<6_)^>JTW[^_OS^Z'QW1 M9-$_'@R&_2\?+^^")<3(QT3@D@!ZGI`_95GC)0T0SVPMJ&]F290#C/J[OFHE MY#<_%_-EDS\\]D?#HPT+>\I$NN;?2YW0((U2ML8R4AR"Y5%`8P$W'`U&HV&N M)4$M3,O%-WOR*A+#UZ]?][.G.U$!A!N@=\$2,?>\;=03&L$MS#WY^?GVPMZ= MOM3HOT.11+Q;`G`F[,@P^<,*QCV&XU4$>=LR@?FX)R/FYP@RE*_*`/WGL^R. M"QK&0#B[GI\AMCR/Z/U!%NJ!?I*EURLY?(3LDTTM(!5M#5`D+,H>7(KOI4Y@ MPX&$$.;=2.N>1HBLX[SKB`:E[B(Y3FE2=DKUEA%WCM@L8V_*_`5"*]G5<1\B MSO(6Z?ZQ/QBJ@?E*-7^=,%;@8X1F$(U[Y4:.N?1.-?:[LG0*)O>\"+)1=S67=YW]IXIDVS M]EF)KV<.)K')ZIJ<5514BH:.I$@6^PD)Y0L!")MG$8C:4S.T M+43SD=XDZB`;6KC63()F(,?J^$T"*X3#]YL5$`:"N]=\"4E3=6^AH<)EH^$@ M(=H[VLP+*SQ%CY$C]+C$:(8CS#$P8?`=I\&W)8V$B4S6-_Y0X8:MN(J74;R[ MN9/&,>;95D36<[%=$-4;2"`LKNB)8DA=!(A`,T*ZLG M&TTGJ-.PHFKO?1V+-*LL*W#'"#5-X1.]A4@>--^@I)X_9L'\L*1>T%5V6/MF M088F+,M/ND-$BHB.@E7TVSVQB*_6A#'ELI%&RM4C!!C>(XA-"?< M4E-#!)/F2R!(.^];$L<(K@CUNR.$,NZVC/LKXX[*U66FT;/6RTP=HF,%Y"91 MKP`R6W6GLPT2CTQ+=I;PYR69O2EG6YU4+XMAR[Q8XP@3"]R@A8E?+Q$(U MC=.L&$UAC@-V421AB MZ2:*;A`.+\@96F&.(LT!5$O-PH&4K::K]#G<>PL>M0)OVF>\Z5?#=BF^_X_7 M&FIN5G0WU=$YYI>454]3]Q_L)K;=@\[&J`H<60@RT!@TYC=(*#]T$MV-+4VX MJ8T7I;'S""+'C%;9L0GYC++LF%F]BMD_TM<_WI7-RN/N\M>4*6ITI)1%#=2V M!%8A='7.[SB9U_,/E(;L3A1P32XU3PNI+#[M+I.UJ:(F'TI9K,+D*2RI.S8: M[R`2F(OMU=M('N2&,2:8<IT(^JCHWK*TIHV63]4#;*[0X[Z^1<6T#9>M2P MC&J`<.R%1O;K"&"\9.455,\T3&(J)+5BW>78G$UJ[5XIX[7`D@#U@$W#W*F- MYN.O#=RZ`GL#":9BZQXD@!A,8?M973@>H-IX(;9&M;OR#%Q:*,K.&HNDOWOX MS$"8MYME)H%8`&2'ZM5ZW5HQ+^#VBATNP0[).WU"5,I+M!:]9]-$BUZU=4-\ MZ7#F*#MT0:8IG(LLV%R-.$QY-\NT4NYP[FG/*OK$V)2G*.O^MW-6NWX5(T]< M.4K8M]_FEI&1F&U`:@EJ!?+RB7I`K)Z5L';]*^+^X_ZA,>^?< MR-LV(+6\M0)Y^;P](%;/REN[_G4O/=TLN(\_GK$NK_LJQF):4'GY%#3&X:<4 MRF)OND/"+NDUB:E8<'S//+Z>3V'&IYAE9HOA$N,TKG#+6CZ_I&V4?VFL:AN! M)U#*HBO'3KJ>\:VU^TRH]>D)*2]B'G2*I1[(/_+_&!$M/P!02P,$%`````@` M+72Q0IB76[;X`P``S!L``!4`'`!O=G1Z+3(P,3,P,S,Q7V1E9BYX;6Q55`D` M`_5WEE'U=Y91=7@+``$$)0X```0Y`0``U5E=;^(X%'U?:?]#)O,<0D`=;5&9 MJCMM5TBM9M3.:/I6F>0"WG%LUG8*W5\_=N*D^0;:(.@+!/OZ^-Q[3AP[G)VO M0V(]`1>8T;'M]?JV!=1G`:;SL?WC^[7SEWW^^<\_SCXXCO4/4.!(0F!-GZWK MZ%\L161-J%2C)9J#]?`3T<#ZN^]]^O1XV_K56\U[#$^=P?]ON<^W-[<^PL(D8.IPJ4^V):*'XFX\8;Y2,9< M<\/74TY2@*&;S=48H7\Y:9BCFQQOX`R]WEH$MJ'(GN3_A4F8'Y%(/&%=*0G^ MHN>S4,%YP_YPZ*6C-.@6U-)PW1O(;$`^^,1-.K/0"K0IFG=Z>NK&O7E4W,(B MJZN2Q[(2@3@C<`%;EX(OF\A+$M<+@DD+8M.,S&MJZXD\)J*3YN@>KF)=<"[@=$%TH3MR/IN!D9>B0;AUZGK0R"*98+[@WZF=A M7EA+H`$$Z52NS"&TO?HOPO+Y"PN7C.I[ MZF*-&TW;%EM6OC9VGT9H6?-*QBA*SW9+L-8C,6+!'_5(.;L<3/D2L\O"@]KB;R]:B?3MGK%),>PR-R!5`E`<(4X58Q% MK97:@TR5&H*.U11;Y;25\DU(1M[A(>555N2`!%Q"\CVA^5-7DM(=(^2:\17B M04GW5XXVQ=MU](&%L)-A]*=L8_AD?3_0)Q$%\CJ5\KZH6N?.AHZD\/ M&I7^`VG_6G79YASSTN\X37P8J<(?P^.BRKMRWFP*R`Z9E8!W*/ZF+-^J?@W^ M,=SXWSB;87G#1/DU0[7#%"+7\?YD;LSJC?+F<8VL)YFL9V[-BUC]OUK2KC_T M/TJJY3=02P,$%`````@`+72Q0D"`0TD*'P``#K(!`!4`'`!O=G1Z+3(P,3,P M,S,Q7VQA8BYX;6Q55`D``_5WEE'U=Y91=7@+``$$)0X```0Y`0``[5UM4^4V MLOY^J^Y_T&5OU4ZJ8(`AR>[,)F?K#"]SJ25``=GL5NK6E+$%>.-CL;8/`_GU M5Y(EOTJR9,DOA[D?D@&[NR743[=:5JOUPU^?5Q%X@DD:HOC'K?VW>UL`QCX* MPOC^QZV?;TYV_KSUU\5__L!@-P^P).UO\*LW0-3N,, M/03_^,6+`_!Q;__[[S__M+?OEX"U*[G??[>WM[_[CI[-K_P&NO)TPQG)C'VX!3/\AI0_/D.]E MM*\5]N?;).("#G:+MJ04Y+<=3K9#'NWLO]LYV'_[G`9;K(OH*?N]U@CRU]$Z M?0K)2&70?WCKHQ46MW^P=W"PS[F(4(VN$^V>>;">6%25)3109V_=D;/>_)V/[AUH+NY6>1N3)&?ZIUBQ\SF`,2BYD([\F-2(00DG]KR'JWN':I'TE3SX?8:VO8)PMX^`XSL+L MY32^0\F*0G!YFV:)YV=<$/T;?MPR8<&OR5^DQ;);_Z-(8[4_*X$I6B<^;'2' M_F/T=VB-<@TC^5]AU-(JPATD/@;&.S]?;X$P,!*PX%2`N)R<#E0(P:^<]']_ MV"V'HSV$RZ0.#B_Q^9^%?^P8"D:QZR-L>(_93FU4[A*T,D0#ZJ.NZNA_`#J< M($/`H)U=_`%;P/ M2;MQ=NZMFEA6D;!A$))8F8ZJ43M3D4B6FX:08<'07SX&Y/FTL%=J"ND,;1W6 M(LH2QCI*'Q:VA]B($B\ZQ;/5\]_@BQ"W$IH:<)LT#I`K:=8%=-NBN[#;Y.#@ M9<\!?0'PFSG`5Z8PI#7`(@`W2)L([M#^4!#FL\`-%BL)9JJO&D$+?>4D.*DV MXB8(81*[@PU*6`85Y-=YQ`VU@6_%!P*U-.(`0M&>[T4Z&QI=ES`)$0XS@B.\ M!)#`3$C3P%N=Q@GPA,VZ06!3=#<4ZQPE)O/GV)$$@+R9!SS%"FOA5*77!F!K MI&WD*K4_%(27N.6`M'X2>?<-)`G?L3^M_LX*JL)F["#:%"F'9IUR4?P*R._3 M`E$\_$@Y;'7@U4A*P"EU-Q30#M=)0IH,4]^+_@F]1.PNN\C8'R@ELT)B5^-V MH%1(E^-3RK1@;T#^"I!W,_&@G3I$N@->A[.,ND2V+BP&7C'EO;B"CRC)POC^ M.O.R=2I>."E)Z^LG,:F+992R$TY64[(6.A=58L9B;<5LH'@/F&3+K#>%-P% M\3H]1S9]"OCC.>!9K".D,:HB]-8(FZ!5*GOHQ5P^>>3!^`E^UG3G)%MA9[73IO+/A:Y.U%7R%:X+\I*G!7$:BL\.X&WE2>`MT[(0W`6Q M#-I2-`P<@Z/5"L77&?)_NW[P,-`NUAG)(B#9'^)(7(.A'H^K&%Q$Y1H=>]YC;%8RRE#]I&AA[_)DL(R`Q\HN[DS#V8C_$DQA*0T7RB`D+&S0M M%BM3,^F4G;%IMB0W-RT!BT,4!S!.88!M+DY1%`8TJ^VC%Y$,*FQ[$&;I;%)( MC#"!^BBM;GXZG*4!]H'?>":X3%.L2HFQB5_R;_?UEW8?[X4-67Z];\I4?+ZO MDR[RWV>#;XD:D'KT&A_Q:S25K_B#:?'S.Q,]/L'D%J7PS+TZ<3\6R^OKXYOK M3=)B.7HN]#BV/V'?"Y5N14)3\RY-&@?PE#3KPM>T17=AM,G!/,]V\4EZ7BY( MIC*D-<0B(#=(FW@>7O^#>"EK(!"?Q2&0$WS87/VK79D=`L9S;(=>^K",`_+/ M\;_7X9,7X6ZER^S02Y(7O(KZNQ>M6]O0)CQ\3UJ+QVZ#VJ1;EKO5FDTIMJZU M)"S(>YKJ3G^H4&X#+P.<&%#JB?>UC4"!>BFML>.MPUK9_IX)`AV[YI&@2%TW M!Z-/?H`E[>M%GLS);RKV#DRP]T@W7O!"/\FFQ]^!`G_$%]["^S".B3-$=^`% M>LDK!N7!ZP+EM^:@/(Z#Z2'Y;0PXR%\#WQ6E%' MJ\AD^!OK1@5'9?DX"6#,8E;%!Z4AL$*_A'*TE`3;`),4GYQ>"W:D7QV&$9!'?#G''LSI4@H^ M1,'GLU'V*,_KQ)[,PP^-OHDVTU2;:*K-,X>;)@-LENGOC;0VQV:T(]*Q$Z*Q M_R'9]W"H/#,?EZ',BS3WN?1U2+S6#9$\*P=EHDJMS2Q-98[G2([@'<1="&Z\ MY[Q'.)H]QP,B]"QZQ#QI6TULE[NMU1'+%.ZN-A29W&K6!7\/,$$1#=*E5DDU M<6JWGJ:1F4(:B=Y*GDJ^]V1`$ MPE!0&`.ZB!]<1GT:H0*/\^80$\B"`54,T)S\7:C`;#M2*W;3T`392LRCM?EK M1+;5IZ>3\0SX+/1NPRC,0ICBQ28]D/&`H@`F*=G+R5XD*9.F;&P0M-FL,&K: M.3M'8M":'.#:0A85RKR4)GT_F\1,8V"@OEJKVY4N=VEY\\*BXZ!O5%"20/#L M=/GQ].STYO3X&BS/C\#US<7AW_[GXNSH^.KZC^#H^.3T\/3X_/"?KQV=LD!O M/'Q.,G>H$^R["=OS@]-4Z^X..)L#3'*M%6Q5/S^_]'L-A8HL1RL17TXOM(V1 M<#*Y,%1TY9=H*HZ:A.*,'(M<]CS06$]RTLEK,088]>P\8P4S""3=8D>Z).47+>*[U'&60 M.W^Q3U50L"$045C!7]&D'>K%@N5P%]$OZ$,>0\\$W"HE(8UAK8-90%BB>`QM M.XY9':B=N+=<\8]<\3'<4*7+?)BMVJ?Q6@V'&GEI&MZ%,.CV9IJ<`B_7Q>G, M'C2[Z,XK=C>H9S9==)XQ0Q^T""W/#&H">^P0(+;3N=F8>M-GZ$V!0WW=L2;@'/;T='9R='=OU'M MV[A6LM/S!]:Z;I]$B$J:352Y_J:=B=)'K*^%5JLP(W522?K%(8K)/2,P]G'? M&@#3H.2UM!24=N4ZNKM@63=+V8"B'H>";U%YF9?*JKZ>N.R&ADZ1P>@W"FS( M&2IE-28`B^L25^Y10_,<7C]NI.6K'"-GS-KJFJG%VIF?0Z5L#ITPW#,;4Y44 M7'WW1YX2O,RR)+Q=9W0+"H,#KP7FE$-FDGUIF@VLDU\Y/GP<>U?G."*^M8ZD M(W@78K<1^R\3)Y*Y`8O,J[J%RZCU5_)C8;1SHHJO"HJRODJ+PK:\A:Q)Z_HI M`L'*JA4M^D7Q,%?Z=EZ!=1NZ^B(FM M^EF1$@:`E-[;LP-B1#X\TN.J\"_`6V:U?0X<^RC M!P<EB`3?E!H/-#0.<'`-'K"'07IL'Q=I\$S6NOQ0?5>?NR^S;:_Y@:\$O.O0R'%'Y M<'4+$W"POPV(:]U([4NJ8TRL?=?U[.UU_VU-]S]AA3QPQ1]LI.(E)>?M%#^? MT"I([!-]5F^#FZ])+N'?$VF7!;O$+F<)>TW;C+#?*:=-UM MT@I3>ZO\G'YBG,.=I9U*E.R`2M7-K$%&+=L)'1H7@VZA6P*DOIE>0J382]]T MB.CME-N`9"KG>$V3&99%IH/21S0+&0=<>DT!6WH6D:+M6T=.0DH M:>9D(E(]2PRE`Q="8VGRR$QF3!@-ZF,=XDGH;_.TI$K2TFM"E)X#=H6I:9UQ MGG^HX8CKA`HGS`B=6TZ]`^Z=;R'?S%`8F]3ISB_!4ZA/I6D(=:\PBIQ>;1## MPF0$YVJ%%Y53G5^69U_$F#C2_I@9]VPFBM7K?"5-Y3QFF\;Z<)VT6?LSF"+1 MZG-T;8Y%_GA^JWJURI#6$+>/R[5(ZP?EQM#_`,9UX&5X++KQA6.ZC8<,BH MK`RDHVD[GRH7+K<&&0\V@S@@%V?0L9<5*2T MX.`QN^%(,MMUD16+"0F994"H;MQ1*"AM1!4&2I@6_,G$)=@Z]89T![D9WXFI MJ['=F%!P=2V44Q3D"X&4%3SE;V<3Y-AC0Q[]NT+'N([PXNX30D%ZC:+VYV7A MVXK;J[ZUAKB@*7M?8(R7O1&Y<#18A7%(_%\6 M/D'F$1M@,F/BI9;TF.P*B(6C&X;,,K\JN@:+9_0)Z[H M808,U$]OC;H?6KR56B"SP:'K8LYC`9(6DN*0O*]`TJM1OV8H2FM/C0+&Z1;D M'0OQC@6XV]76,&LLH[65:$4U?>0BU(AT^:2W:)(OEMPJU6GA%RO=EH5=YG&A MO;EF=1?$^KH=S_&P;9CX/M^%.$-IT_`!6[EYNI=IG+ MLE7\B(XK>X!)WI'NC0P]8N[.U,1V4-?JB!O,=S6E@+^:=4'?@Y!Y/S9M3^T` M]52,S#31L`XE3\50)D.0JQV1P_G--CB?^IKM M3BTBW2%OID>)J:OY46,"PW'DZ10AQ'D6&)G)O&N/"YE[=(>,\5SB.8I1/4H6 M[^QTTK&AD--9@;^S>3NWJ!(O1[V<:U%]U7*.T^*_6Y-(>]3K^)>2EP8P-CR< M?C5TC)(RLIS7PL0%0&0NTB5$QBRJA.["3/"IL?VB*)I4O+"L?M-LP+8H4D6> MJJA-0;8@$UCMN^$V^35:TS,2ERC)BRLWK@O"2L0(RW!OHMP#YO/>U`5O6MI" M\H%NEK/A[ZOE:UPKV:F[,M8U<4A$V^3G3="4O/30*+HRNL]'H_R4J;8.-DQ; MDGMY1M*6WOT[[W-MQ?">G`!RJ:UOPH2>T?OH MI:&_C(.C,%IGK3(,FM3L3^^BMH*H9E?LIOWN1N08[N)=%+>S8HK\&/(VH$3T M4RDCFQ;SNOI&AEJIVT8'4VDP4P+*\>>B`9'%PQ'B,@%>$>3GD\$.N"W`%;Q& M<,G"FJ'@-9Z3_@6&]P^X!TL,*^\>GJ_)98,7=[23E3/5:M]M)X0-:4\A5H9I MUW$GUMJ["W(C[BERP?EVO)P1Q)23Y/G[>56"=CF"^=F^)1B1&VS4_40_6:7[ MV!S;<+5Y/!NS(%,>YP2,%9P7AL'*"%;X9Q=I36L0LJES'B8QYOWGK#8#[B,I M6U*[-$^296N0;4OW=A0K2%'QL)E:EA%3EJ! M_Z_TR5PP7E=#&\PB-351>\-W0(2\T^,P-XQ#M'I$,:ELM'P.FYM:6K1-E`II MW8!6U0U'&)8TH0%I(>>">?'R,7;H^,5<@*Y4;!OW&CAHFH&(16`5.JB9P$C. MPAB>XA^EEM$B:)I#2>#&!EH-.@)^5:X&VDORJA,G3P%]/!>`M_731K5,ATTH M%W0"_$K5/&H9P`1Z*3R"^;^G<3L.ND)1=(*2+U[2_)C6D[LL&VC$;5M.L$]7 M;?-E31M5EA\TDK7@#.`-9_D&A+%DP4`X`6.=OBQA+U`A2U6WRAB:"*F5-YPM MJITG^TX&;UHKH(;D(W@7^B&,_9>O"[[R=.)I`#Q)J?`BI6P9!"%)*?.B2R\, M3N-#[S',O.@G2#ZY-4RH-W^[J+@FOZN*T6;=M2UD8-ZL5DEI36FU*M.5W,&2 M"Q`V,K4Q1O!KSCIYY;F^\!(5I>Z%4.8*C,4(BU?/$N/#E4J?`NS-HNI?'X`U M2JV/#N$Q*U%G'EX3!CP%0SAMJ8F**M5"(LL"R:J&[689J6Q5S60ARX(_+S)> M9C(?=.@-Z0USL]BRB+9:>GDL&#BOFNT(#\2E+GU_O5I'M"I_ODR8^"B!'13D ME;==@&'$I-OZY]LCM,+=:T!.2<,3;(4T=EF0JF8MDVDEHA6)CD*.UBX!^#5_ M,[&;4VL,:8UP(W-11%K)5]11_XC;`!VW5G7=3^3XGJ&!+J4RNTA(*@TJVRC^H*?\GK(D'KOF##=:\Y"R: MC>8GR>X[]-*'DPA]D=41TR%MY_*U25VE\$D[X2QS3]2"5L)>FU'O7C#"!RCC M'+/VY%H7)>MU882;B8)#F)K7":@1"Y[`C/3F,D%/80"#CR\_8_V>QD6IP*6? MA4]A%DI+\_47P$NDF`NP*X[1N\.6157ZM*NHHV$NCAX?H_;)N<#M"WA#&$$8 M?U,6CP0E\VR,V`)GR%[UC;(=QG(J]3QF#W?'7[XFQSW=A""HOZ.S4K7^*X:Z M5]!/?.G7-`"75J:9%.+CS7_+X%_K-*/1RPVZ@D0_841JD)4U5VAORC[>;A@7HF]UB#-+BH2"665\@%K0)%Y/6FSOJ#V@X:`ZQUMSI$ M2Z7C_3K<@./XY%7X`[HK6/<(2>$18EXU`C\E/_O$&:QS^Y]C)+2Y1B^+IC;? M[*?,X"^ZR;):)'&6.:,T;U_*Z#BYN:N#KK/U%>V99#)+Q.@U?]'/PA$3OEG+/T?;3&$RJ>3F'X)#BM;L(BG6<$+(ZM5MXIUW.+L"43 M`Q4(D,TGG!24M',S2P4:%`;9B2&I(;8Y528X!?`T)PK=FJ.C(#"_L8%A$`// MX\!+7CWP].<`U]";TN]?)O#1"X,C>`>3!/++>I9Q0$O3+VE(T#D3F`B1S@U: M0AP;K4G'7<\?FFV;V+.62-D((>X)5Z!AU9 M*E\Q5QL8?"J;R!B:T]TCLP%^LR\U`D2-P%]C*7'&5DE?LS'H3Y13F,,<%E&7 MW@N9YW%'\9-DC4VA7$]K+ZMTA'0NM)1"!HJ`=3H^U&*LH^T^P;%29.>"C7%3 M1\+X047`W/R($?@TPFL#$'>&VRI9.@'XW&QA\`^)$QE%;5)]$U3-HEA./E;, MPF-FP2?=K]DFS!>A8UK%E'/KT1J>8`5=07H,]-)+2``=39MX":4H\?#'7.#<_(06R!3^P0"D4J^@ MDJ'R!G/!N*N2[I/!NS[YU6)"S)8GXS)&P#BW`>/]F@"M/]&-`>DYGC]I6),Y MH_%YD[$2[]V8N%%[+O+K>YTGV90<>YO<>MN,^CZ9]&-AU>T-PF-#EM^AU9D! M^37`U/[HAPN@CEA>$7<0+^O(/Z3$QI,7D8S)2WIHO#E=-JRD#RLOJFC":E=K MKD9_GIQ=Q+&7NR'7E267I#DQ#N5R53A1J:5NW#Z9]G-@:ZZ M(O3?''3NCHQ+T:R.>)&EM4)6Z#FDP::=6\(O:2 MA=QJ?:-2,OB5R`94^":[3I5MN/&BW=;GPJ$*6G'D6V=OWH[70QMMY[0ZX_+Z M]!I0 MM$2XEOI=P5062:N)1$!U-.VI&W8(5;V91\+2`NMLPKP.Q8GQVA%RB6DEB!T4 M!XZ#&&>`(`'%IXO3\T_@\.+\\/CJ_'KB`^!V,)!-ZS,"@E')YP#YZQ6/#`9& MP@%W#CY[]7:CD2"I^>P&"2YGL;6TXHL.J6Q&6[NJE*'3"<>SVUJS"(:2L3G3 MO6$$W\PS0).I5PYS.1AD4%^+ZE>8(,<"]K^@Y+>R)`:[U:(?KKS M(GX;PFE\AY)5_LE/_R4.3R^Y2#[.N6=[OH=V8XJH/31F+*F%YNP>H MT,XF8#3%!^JIO<;U'WK,E9M`9@1(Q_/XB,@D\A^$)?/$ M'V^&!JCT"J^1(#KF@=@,8D5GY+KC!OY%KXK#K)57EL?XVHW8'M&K250=P*L0 M+OAO]-+XJ4_,"08>J4:L>=:MI*B>9!M"9\Z+#?107G$Q":VQ$ZP3$JEF#Q#D M%]D!;&[8=^7TFZ)9^3E&4]V.>#!$_T+U!JYZB3/I>P`'6:BTD46O+Z"21#]#Q+H^"C(^ M=.D!<^EYD9&1/N+%52N49"Q=ZN+N"-YF)`>* M%`^Y3.`J7*\:MJ5-SZ^4ZJ2WNQA&MSMVDY%.,XJ;6CJY%U42<'$'"!'@5("1 M37R=BK;FD;%V&M><=+%5[BR9&%ZN+Q$:%F?T>I\JTM`="`C2`D;W^A`FO4K' M/<:J@W>&?\(/^2/\OULOA?C)_P%02P,$%`````@`+72Q0IM\ZUC=#@``\-H` M`!4`'`!O=G1Z+3(P,3,P,S,Q7W!R92YX;6Q55`D``_5WEE'U=Y91=7@+``$$ M)0X```0Y`0``[5U9<]LX$G[?JOT/6L^S+"O>=>)4O%.*%:=/T?P M[&`9Q^OWH]'3T]/AT_$A"A>C-T='X]%O7Z[NW258.4,88+Z!"PX&F/Y]E/YX MA5PG3F4M-7^>A7[!X'BTZ8M+0?YO6)`-R4_#\9OA\?CP.?(.GIZ/TZ884,X(" MUAMC89L/!IG50^2#.S`?D+]?[R[5U1F1%J./CD\XWB\!B",L1\HS?EF#LX,( MKM8^*'Y;AF!^=D`L-BPX$%/^4F4PVI)DMTX(@G@)8N@Z?G,Y*7:M2AW!Z&9^ M&X((]Y#"V$S:.IL6I9QBFA5F7/R=!-ZG((;QRV4P1^'*6&PEOBWJ\1GA&':. ML%_#P`@550;;DNP!/,>)XT]![$`S](K8M2CU/88:(([#V#MWHN6%CYZ,Y&4S MVI*D-VLR9&':QJ*6.&U)UOL8N3^6R/?P@#H%<^A"/!2_-)6;PU55A_(H/EA6&%%QN!3,@:/3U+Y*SV4)5V7@MX5_J'2.X8^"#S@ M%?V3'K82_5*!"I%\Y%:D\$F&@D*9B\@OWT6]3&91'#IN7##RB3'.#G2:X,?$ M`DI-1OI*Y99-O1H!]W"!'D<>@,2B;\@_B,)OAD?C/+/Z!?_T/1/@#BP@Z3>( MKYT5H#04D>0:,4FJ&I21,@FKVCBA6S#$_ZS!I)I8Y12C=9H7#-TE]#<(FX=H MI>D2I*1@6?KW`Y4.!C$:L!FC$+_Z66Z_4R>?8XE#Q[_$K^3S?\`+T\LZ\X]T[ M[Q:$$&%1O2D>=#E>9-)0[JS26.=7D8K-'$QQSCW]S]UY>H*E\(@D%[ZSH#S, M?):K77UFC4=%*IEYDN*8>_!?N_/@>1(2ZUS`R'7\_P$G9+^N,K+<"%PR:URL MJ*B9M_G,<\>?[#R7RB2Z`VL4QGBZ3R9X240Y7X6TFEFQ2:T!@8;"C?(L3@[S\BRR).E#1?X M-_I-E])1F5F=SAJ/JZK:+$-C<,^]?]J5]\FX(_=]C8KI^5ZVH?1C7S7>$?=EF^%JUD-L/SW(EFJ6>3:+APG'4&:N#'4?$+C>[\Y^^; MQ8B;^04,L'@01UH404&16Z=)[FBE)@W?:7,;3,$W">)U&$??-?QT\R MV/D^>LIW.53"O'J+(N0KM.CL1=?R*#)1O_JFJ_27#@4J_90JZ`/<3=;B*O,3 MUR:I01Y!.$,1*"]D=8"^VT+F-)9=(QP8B)HTY&1DN:&Y9-:`2U%1,T3QF9?* M\WL`HVQ(G"3Q$H7PY^NPQ003CY@)J1JQI<"2*-T&O.I=E)81]@9DEU&4*`&L M2B@`5TYH-;"8RK8'JH)]:;7"2D"5LGCNR">D*6KF3!IK$*2BHAEX.)Q+:R2V MXT8RU"E0UC%D[R"GKFYC/'&'MY.]015S;)-0\=!DVZBFIF9+**+&L[=[@R!^ MJ5"C3M;/\F!C0*D6!HU1Q2H)OFL%6KVH)M9/&G0%^YMPX03P9RK$.0HBY$,O M@V#@E04L.?!U%S2GS-@JSQQ7[?#L++HT$G\*(]='41("<@SA(Q;S1YL6%[!O MP_@L]IU%OG:AB;9N^6HX;45Z$F_;E[K56FX/8G3UE%)K)Q,J;#GA4TB3XX)- M8Q#>5.3D11TQ$4O2'D0`L761HE;5]Y+)D[QG/%Y[_;909^7^>G>P,53$Y9#R MWJ,RJ45O$U]#TW>JPK&]4SE-:NUH#N,K%-%[C.H/-K7TS8-^N)+G*2100N`_ MBEU6&W]E8_M"\!T)=0'P/CEA@+6.)JZ;K!*?G+7,CH;2[[UZ@]RV"@UZ#QQM MI?4`I<*^NZ5BSECQ#84_B%K.&L9DR&2!14B3FXI-TWM(J*BFAP(.QU:7;WN0 M<%6O`/EK"UIWL3_;WL31EOVP.`56?6A--5BHE%G]EV9I>T*0Z9,?]Q@AVB,\-RW8W_73H#@ M8'F-Y^U,`*@1\P[D5(E[F!UKJ2=+DV7,;!^(,J68$8(9&OKH<*:X:O.?)I&^ M#^_]%71FT,,7SFQ8MUEN4^5FUE17#`UA5G=1[\SVJ%+2 M5%R6D1/6H=>;`HTV>)"&PE6(J79%P6SORCO%K/#6>2%30FP+_$N88!UJ2G/F MX!HMJ2FY2LL^8%%AFJYO!"X@G+#(N/F$ M/8>7LHHZ:!(QM7VB M",XA\.2(46S)0)*LI44(TS."*?*DO=A^!%F:84ES"/ORI5;3(D'V8W"^N`_5 M!W*0#,;9>8?`.T*+FN*`,+D M9OMD_L^]M5P-1@TWEHM1I;&MW-I$NFX!Z7@F'I=!OLF>D5AKMJQ?EB%MV7-TF1M!!W9:O=B>?,MR M1VS^#L/`W>`!CJ9\3U.]FWD^,3[_Q`:F:A?6:@(8Q-V>`UUE&[YR)%9A(HW-0B;6`]W`5-N)WV(! M;-^]4]=[FH`+[$F50QAFC;G`%C:V'M`:IFD7R.*.#=:X>A6IU4M(QFLJQFLI MMM8!C4W31G5/IW.[CYNSKW;*OCA.O\;T1A6#IL*[MCA->[\(V,`0>LM_>AW9 M7G?XZ^*W%E"H<_^;&?QXU\`9!,1UBF0L1ACO*_:^O_D3HZ^F_%;PM\8@"F'\ M*T1,J@X/-#V"(*E5$NB?-X>3\I^[ M+%T)S8RXLMPW.492>^\U7-'A;TF1DF_,@'+(^@T%1-V5P M\/E9/S_&FMW,/R/D1??(IT=FSM,2-,I/.T.$U-U(IDH5"3Q^!10J?&P/%_?` MQSP7GT&`QUR?K`YY*QA`HG$,'T%N`WIFH-6HF!BH->HUC(P45T>7*GO;5^MH M&TC&)LF8U&_(2)31"SU51G;?3KU9"7G=1T?A0$!1?!690='GS$2ND7)2PF1E M>V!(-]]D"LE36#7B`BEBXEZ#1D=/=?Q(N-I^H4)1+LE4S/6[!O4IO)B,JD35 MR+K[C+H:*I"RBE7DB-F7ZU%UMK;GQ-K,S9CT&92MV$49JZ:]Y1!^NX\K>N5;:;(KVT#@OO3A MTA:-^T0UVM2O<5&^9;0+,SPPSM^Q']**/71[ID[/*4BB%7?OANSFN2K/TO2G M>]?B5QM>7=$Q`@&=FO6TI-`:)_ M=:EF3Y+[3`T*(_W9%FT`H=J>W[T%D61W649^YL7GVHPE"23='*@0&]-B2B*5:$F#3=^U?H1:2F&\?-+-;I2A";96FW MB@W?:_@"R*(`A03C]OK?;LC;=X8@,3#T/M[`M$4554'1C>PF'_I@. M$XIB(LY7BWH/*B6M%)'#X]7J#DS^*E[^A/QGAK,L_,O_`5!+`P04````"``M M=+%";YJS`IL$``!<&P``$0`<`&]V='HM,C`Q,S`S,S$N>'-D550)``/U=Y91 M]7>6475X"P`!!"4.```$.0$``.U9V6[C-A1]+]!_8/72S(,L*2Z"QK`S<&PY M,>K8@>4@TZ>`EFB;'8I422I+O[Z76L;[EID"0>$G<[GG\AX><;NN?WZ-&7HF M4E'!&Y97<2U$>"@BRJ<-ZV'4L7^W/E_]_%/]%]M&-X03B36)T/@-==*_J%8I MZG(-:(VG!'UYQ#Q"UZYW3OI5H1<@H>7,_Y]=(<]Y3#5/)S;K_DON'N7 MEY=.UFN!"`C5,>="8PTU'VWNBVL9ATF7C8LSWG7'@U_>]_J;#6#6]3I M#1Y/J_/88U)1T.=^@7MY/*YW[-+NO+S,M*D*F5"I)%"Y;@;=3*#[H1^`6-D. M>I)EKRPW@O)I2\#]1):GW7+3\5+<#+K]&[.&6OZP?[I!'JG!B+SJ%+,VT9BR M38JL&.S2YZ*\A.S0!YT5#C^AL\+G_WD[JSN+Z2JH+:>SZC1.A-2(;\PO;LNA MY:G)G@@S1SL@IF:7.-LTV=ZY7?4JKRHJWOS;(YA@-8IR8K^C<=CW; M9!>WA)`-OQ'H$*95V6+/71T42N96D;`R%<].1.C!H:QB3.'8P0_(F1XBR"*R MGP.-(I=&$>_B^$@,-E_/G$Q-=ONP,)B42Z@M,12YZRR(>9)F4W*F.59:XE#G M6X?);3T=9IXGR++,<0W:8,OIPMW(K!U@DH(9U:E!W$B1)J4A7']B"^'"27QOW(]"?C6!X81J`Q0````(`"UTL4*. M=+1L/`\```EM```1`!@```````$```"D@0````!O=G1Z+3(P,3,P,S,Q+GAM M;%54!0`#]7>6475X"P`!!"4.```$.0$``%!+`0(>`Q0````(`"UTL4(OS8-Y MH`8``-Y%```5`!@```````$```"D@8`L``00E#@``!#D!``!02P$"'@,4````"``M=+%"F)=; MMO@#``#,&P``%0`8```````!````I(%V%@``;W9T>BTR,#$S,#,S,5]D968N M>&UL550%``/U=Y91=7@+``$$)0X```0Y`0``4$L!`AX#%`````@`+72Q0D"` M0TD*'P``#K(!`!4`&````````0```*2!O1H``&]V='HM,C`Q,S`S,S%?;&%B M+GAM;%54!0`#]7>6475X"P`!!"4.```$.0$``%!+`0(>`Q0````(`"UTL4*; M?.M8W0X``/#:```5`!@```````$```"D@18Z``!O=G1Z+3(P,3,P,S,Q7W!R M92YX;6Q55`4``_5WEE%U>`L``00E#@``!#D!``!02P$"'@,4````"``M=+%" M;YJS`IL$``!<&P``$0`8```````!````I(%"20``;W9T>BTR,#$S,#,S,2YX M`L``00E#@``!#D!``!02P4&``````8`!@`:`@``*$X` #```` ` end EXCEL 15 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%]E-#$W8V(Y8E]A,#5C7S1C-#E?83EF-%]E,C!E M9C9A86$S9#,B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/D-/3E-/3$E$051%1%]35$%414U%3E137T]&7U-4 M3SPO>#I.86UE/@T*("`@(#QX.E=O#I7;W)K#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/D=/ M24Y'7T-/3D-%4DY37U1E>'1U86Q?1&5T86EL#I.86UE/@T*("`@(#QX M.E=O#I%>&-E;%=O M6QE#I!8W1I=F53 M:&5E=#X-"B`@/'@Z4')O=&5C=%-T#I0#I0#I0&UL/CPA6V5N M9&EF72TM/@T*/"]H96%D/@T*("`\8F]D>3X-"B`@(#QP/E1H:7,@<&%G92!S M:&]U;&0@8F4@;W!E;F5D('=I=&@@36EC'10 M87)T7V4T,3=C8CEB7V$P-6-?-&,T.5]A.68T7V4R,&5F-F%A83-D,PT*0V]N M=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B]E-#$W8V(Y8E]A,#5C7S1C-#E? M83EF-%]E,C!E9C9A86$S9#,O5V]R:W-H965T'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$"!+97D\+W1D/@T*("`@("`@("`\ M=&0@8VQA'0^ M36%R(#,Q+`T*"0DR,#$S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'0^9F%L2!#=7)R96YT(%)E<&]R=&EN9R!3=&%T=7,\+W1D/@T*("`@ M("`@("`\=&0@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$2!#;VUM;VX@4W1O8VL@4VAA3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]E-#$W M8V(Y8E]A,#5C7S1C-#E?83EF-%]E,C!E9C9A86$S9#,-"D-O;G1E;G0M3&]C M871I;VXZ(&9I;&4Z+R\O0SHO930Q-V-B.6)?83`U8U\T8S0Y7V$Y9C1?93(P M968V86%A,V0S+U=O'0O:'1M;#L@8VAA"!!'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6%B;&4@ M86YD(&%C8W)U960@97AP96YS97,@+2!R96QA=&5D('!A'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^)FYB'0^)FYB3PO=&0^#0H@("`@("`@(#QT9"!C;&%S7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^)FYB M'0^)FYBF5D/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XR M-3`L,#`P+#`P,#QS<&%N/CPO3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]E-#$W8V(Y M8E]A,#5C7S1C-#E?83EF-%]E,C!E9C9A86$S9#,-"D-O;G1E;G0M3&]C871I M;VXZ(&9I;&4Z+R\O0SHO930Q-V-B.6)?83`U8U\T8S0Y7V$Y9C1?93(P968V M86%A,V0S+U=O'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'!E;G-E*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S3X-"CPO:'1M;#X-"@T*+2TM M+2TM/5].97AT4&%R=%]E-#$W8V(Y8E]A,#5C7S1C-#E?83EF-%]E,C!E9C9A M86$S9#,-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO930Q-V-B.6)? M83`U8U\T8S0Y7V$Y9C1?93(P968V86%A,V0S+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R M3PO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@ M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'0^)FYB M'0^)FYB'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$3PO'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]E-#$W8V(Y8E]A M,#5C7S1C-#E?83EF-%]E,C!E9C9A86$S9#,-"D-O;G1E;G0M3&]C871I;VXZ M(&9I;&4Z+R\O0SHO930Q-V-B.6)?83`U8U\T8S0Y7V$Y9C1?93(P968V86%A M,V0S+U=O'0O:'1M;#L@8VAA'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^)FYB'!E;G-E65A'0^)FYB'0^)FYB3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]E-#$W M8V(Y8E]A,#5C7S1C-#E?83EF-%]E,C!E9C9A86$S9#,-"D-O;G1E;G0M3&]C M871I;VXZ(&9I;&4Z+R\O0SHO930Q-V-B.6)?83`U8U\T8S0Y7V$Y9C1?93(P M968V86%A,V0S+U=O'0O:'1M;#L@8VAA'0^/"$M M+5-T87)T1G)A9VUE;G0M+3X-"CQP('-T>6QE/3-$)VUA#L@9F]N="US:7IE.C$Q<'0G(&%L:6=N/3-$ M:G5S=&EF>3X\8CY.3U1%($$@)B,X,C$Q.R!"05-)4R!/1B!04D5314Y4051) M3TX\+V(^/"]P/@T*/'`@3X\8G(O/@T*/"]P/@T*/'`@#L@9F]N M="US:7IE.C$Q<'0G/E1H92!A8V-O;7!A;GEI;F<@=6YA=61I=&5D(&-O;G-O M;&ED871E9"!F:6YA;F-I86P@2!A8V-E<'1E9"!A8V-O M=6YT:6YG('!R:6YC:7!L97,@9F]R(&EN=&5R:6T@9FEN86YC:6%L(&EN9F]R M;6%T:6]N(&%N9"!W:71H('1H92!I;G-T2P@=&AE>2!D;R!N;W0@:6YC;'5D92!A;&P@;V8@=&AE M(&EN9F]R;6%T:6]N(&%N9"!F;V]T;F]T97,@65A7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T* M#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O M;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAAF4Z,3%P="<@86QI9VX],T1J=7-T:69Y/E1H92!A8V-O;7!A;GEI M;F<@8V]N9&5N2=S(&%B:6QI='D@=&\@8V]N=&EN=64@87,@82!G;VEN9R!C M;VYC97)N+B`F(S$V,#M4:&4@0V]M<&%N>2=S(&%B:6QI='D@=&\@8V]N=&EN M=64@87,@82!G;VEN9R!C;VYC97)N(&ES(&1E<&5N9&5N="!U<&]N(&ET2!B96QI979E M2!A;'-O(&AA'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S XML 16 R8.htm IDEA: XBRL DOCUMENT

GOING CONCERNS	3 Months Ended
Mar. 31, 2013
Going Concerns [Abstract]
GOING CONCERNS:	NOTE B – GOING CONCERNS: The accompanying condensed consolidated financial statements have been prepared assuming the Company will continue as a going concern. As shown in the financial statements, the Company has incurred loss of $29,174 for the three month period ended March 31, 2013 and, in addition the Company incurred losses of $339,219 and $161,612 for the years ended December 31, 2012 and 2011, respectively. As of March 31, 2013, the Company had an accumulated deficit of $39,615,281 and a working capital deficit of $859,643 These conditions raise doubt about the Company's ability to continue as a going concern. The Company's ability to continue as a going concern is dependent upon its ability to generate sufficient cash flow to meet its obligations as they come due which management believes it will be able to do. To date, the Company has funded operations primarily through the issuance of common stock and warrants to outside investors and the Company's management. The Company believes that its operations will generate additional funds and that additional funding from outside investors and the Company's management will continue to be available to the Company when needed. The Company also has certain lawsuits pending which could result in additional liabilities. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary in the event the Company cannot continue as a going concern.

GOING CONCERNS

3 Months Ended

Mar. 31, 2013

Going Concerns [Abstract]

GOING CONCERNS:

NOTE B – GOING CONCERNS:

XML 17 R2.htm IDEA: XBRL DOCUMENT

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2013	Dec. 31, 2012
Current Assets:
Cash and cash equivalents	$ 8,029	$ 7,415
Accounts receivable	5,500	3,529
Prepaid expenses and other current assets	3,016	494
Total current assets	16,545	11,438
Deferred Tax Assets, net of valuation allowance of $10,070,000 and $10,060,000, respectively
Total Assets	16,545	11,438
Current Liabilities:
Accounts payable and accrued expenses	54,693	49,728
Accounts payable and accrued expenses - related parties	242,149	212,833
Notes payable, net	58,399	58,399
Notes payable- related parties, net	520,947	520,947
Total current liabilities	876,188	841,907
Commitments and Contingencies
Stockholders' Deficiency:
Preferred stock - no par value; authorized 250,000,000 shares, none issued
Common stock - no par value; authorized 500,000,000 shares, issued and outstanding 13,572,568	38,755,638	38,755,638
Accumulated deficit	(39,615,281)	(39,586,107)
Stockholders' deficiency	(859,643)	(830,469)
Total Liabilities and Stockholders' Deficiency	$ 16,545	$ 11,438

XML 18 R6.htm IDEA: XBRL DOCUMENT

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Cash flows from operating activities:
Net Loss	$ (29,174)	$ (98,503)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of debt discount		30,368
Changes in operating assets and liabilities:
Increase in accounts receivable	(1,971)	(3,000)
Increase in prepaid expenses and other current assets	(2,522)	(336)
Increase (decrease) in accounts payable and accrued expenses	4,965	(22,696)
Increase in accounts payable and accrued expenses due to related parties	29,316	9,611
Net cash used in operating activities	614	(84,556)
Net increase (decrease) in cash and cash equivalents	614	(84,556)
Cash and cash equivalents at beginning of year	7,415	99,833
Cash and cash equivalents at end of period	8,029	15,277
Supplemental disclosures of cash flow information:
Cash paid during the period for interest

XML 19 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'

'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'

'+ "\n"+' '+ "\n"+'

'+ "\n"+'

'+raw+'

'+ "\n"+'

'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } } XML 20 R7.htm IDEA: XBRL DOCUMENT

BASIS OF PRESENTATION

3 Months Ended

Mar. 31, 2013

Basis of Presentation [Abstract]

BASIS OF PRESENTATION

NOTE A – BASIS OF PRESENTATION

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6359566&loc=d3e326-107755

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 852

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2209116

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2122150

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 10

-Section 45

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=7668296&loc=d3e288-107754

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 275

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2134480

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 720

-SubTopic 15

-URI http://asc.fasb.org/subtopic&trid=2122524

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number FAS140-4/FIN46(R)-8

-Paragraph 8, C1, C7

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-URI http://asc.fasb.org/subtopic&trid=2197480

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Statement of Position (SOP)

-Number 94-6

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Interpretation (FIN)

-Number 46R

-Paragraph 4, 14, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 272

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=7880789&loc=SL6228881-111685

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 2-6

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=18733093&loc=d3e5614-111684

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 915

-SubTopic 235

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6472506&loc=d3e38932-110933

+ Details

XML 21 R3.htm IDEA: XBRL DOCUMENT

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) (USD $)	Mar. 31, 2013	Dec. 31, 2012
Condensed Consolidated Balance Sheets [Abstract]
Deferred Tax Assets, valuation allowance	$ 10,070,000	$ 10,060,000
Preferred Stock, No par value
Preferred Stock, shares authorized	250,000,000	250,000,000
Preferred Stock, shares issued
Common Stock, No par value
Common Stock, shares authorized	500,000,000	500,000,000
Common Stock, shares issued	13,572,568	13,572,568
Common Stock, shares outstanding	13,572,568	13,572,568

- Definition

Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.

+ References+ Details

- Definition

Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized.

+ References+ Details

- Definition

Issuance value per share of no-par value, nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer); generally not indicative of the fair market value per share.

+ References+ Details

XML 22 R1.htm IDEA: XBRL DOCUMENT

Document and Entity Information	3 Months Ended
Document and Entity Information	Mar. 31, 2013	May 15, 2013
Document and Entity Information [Abstract]
Entity Registrant Name	OCULUS VISIONTECH INC.
Entity Central Index Key	0001107280
Document Type	10-Q
Document Period End Date	Mar. 31, 2013
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2013
Entity Common Stock Shares Outstanding		13,572,568

XML 23 R4.htm IDEA: XBRL DOCUMENT

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Condensed Consolidated Statements of Operations [Abstract]
Revenue	$ 12,981	$ 9,000
Expenses:
Cost of sales	407	1,350
Selling, general and administrative	32,856	66,757
Total expenses	33,263	68,107
Loss from operations	(20,282)	(59,107)
Other income (expense)
Interest (expense)	(8,892)	(39,396)
Other income (expense)	(8,892)	(39,396)
Net Loss	$ (29,174)	$ (98,503)
Net loss per share - basic and diluted	$ 0.00	$ (0.01)
Weighted-average number of common shares outstanding - basic and diluted	13,572,568	13,300,040

XML 24 R5.htm IDEA: XBRL DOCUMENT

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIENCY (Unaudited) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2013	Dec. 31, 2012
Stockholders' Deficiency
Balance at December 31, 2012	$ (830,469)
Net Loss	(29,174)	(339,219)
Balance at March 31, 2013	(859,643)	(830,469)
Common Stock
Stockholders' Deficiency
Balance at December 31, 2012, Shares	13,572,568
Balance at December 31, 2012	38,755,638
Net Loss
Balance at March 31, 2013, Shares	13,572,568	13,572,568
Balance at March 31, 2013	38,755,638	38,755,638
Accumulated Deficit
Stockholders' Deficiency
Balance at December 31, 2012	(39,586,107)
Net Loss	(29,174)
Balance at March 31, 2013	$ (39,615,281)	$ (39,586,107)

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

+ Details

- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

+ References+ Details

XML 25 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.0.6 Html 17 58 1 false 2 0 false 3 false false R1.htm 000900 - Document - Document and Entity Information Sheet http://www.oculusvisiontech.com/20130331/role/DocumentDocumentAndEntityInformation Document and Entity Information true false R2.htm 100100 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS Sheet http://www.oculusvisiontech.com/20130331/role/BalanceSheets CONDENSED CONSOLIDATED BALANCE SHEETS false false R3.htm 100101 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) Sheet http://www.oculusvisiontech.com/20130331/role/BalanceSheetsParentheticals CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) false false R4.htm 100200 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Sheet http://www.oculusvisiontech.com/20130331/role/StatementsOfOperations CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) false false R5.htm 100300 - Statement - CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIENCY (Unaudited) Sheet http://www.oculusvisiontech.com/20130331/role/StatementsOfStockholdersDeficiency CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIENCY (Unaudited) false false R6.htm 100400 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Sheet http://www.oculusvisiontech.com/20130331/role/StatementsOfCashFlows CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) false false R7.htm 200100 - Disclosure - BASIS OF PRESENTATION Sheet http://www.oculusvisiontech.com/20130331/role/BasisOfPresentation BASIS OF PRESENTATION false false R8.htm 200100 - Disclosure - GOING CONCERNS Sheet http://www.oculusvisiontech.com/20130331/role/GoingConcerns GOING CONCERNS false false R9.htm 600200 - Disclosure - GOING CONCERNS (Textual) (Details) Sheet http://www.oculusvisiontech.com/20130331/role/GoingConcernsTextualDetails GOING CONCERNS (Textual) (Details) false false All Reports Book All Reports Process Flow-Through: 100100 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS Process Flow-Through: Removing column 'Mar. 31, 2012' Process Flow-Through: Removing column 'Dec. 31, 2011' Process Flow-Through: 100101 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) Process Flow-Through: 100200 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Process Flow-Through: Removing column '12 Months Ended Dec. 31, 2012' Process Flow-Through: Removing column '12 Months Ended Dec. 31, 2011' Process Flow-Through: 100300 - Statement - CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIENCY (Unaudited) Process Flow-Through: Removing column '3 Months Ended Mar. 31, 2012' Process Flow-Through: Removing column '12 Months Ended Dec. 31, 2011' Process Flow-Through: 100400 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) Process Flow-Through: Removing column '12 Months Ended Dec. 31, 2012' Process Flow-Through: Removing column '12 Months Ended Dec. 31, 2011' ovtz-20130331.xml ovtz-20130331.xsd ovtz-20130331_cal.xml ovtz-20130331_def.xml ovtz-20130331_lab.xml ovtz-20130331_pre.xml true true