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NOTE 14 – SUBSEQUENT EVENTS
3 Months Ended
Mar. 31, 2013
Subsequent Events [Abstract]  
NOTE 14 – SUBSEQUENT EVENTS

NOTE 13 – SUBSEQUENT EVENTS

 

On May 1, 2013, the Company repaid a portion of the Class A Stockholders capital contribution in the amount of $1.2 million. The Company’s subsidiary, HMCA, now owns an 85% interest in Imperial Management Services.

 

During the period from April 1, 2013 through April 30, 2013, the Company issued 2,870 shares of common stock to consultants as compensation valued at $20,521 under the 2010 Stock Bonus Plan.