0001477932-11-002307.txt : 20111103 0001477932-11-002307.hdr.sgml : 20111103 20111103074112 ACCESSION NUMBER: 0001477932-11-002307 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 10 CONFORMED PERIOD OF REPORT: 20110930 FILED AS OF DATE: 20111103 DATE AS OF CHANGE: 20111103 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FCCC INC CENTRAL INDEX KEY: 0000730669 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 060759497 STATE OF INCORPORATION: CT FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-08589 FILM NUMBER: 111176072 BUSINESS ADDRESS: STREET 1: 200 CONNECTICUT AVENUE STREET 2: 5TH FLOOR CITY: NORWALK STATE: CT ZIP: 06854 BUSINESS PHONE: 2038557700 MAIL ADDRESS: STREET 1: 200 CONNECTICUT AVENUE STREET 2: 5TH FLOOR CITY: NORWALK STATE: CT ZIP: 06854 FORMER COMPANY: FORMER CONFORMED NAME: FIRST CONNECTICUT CAPITAL CORP/NEW/ DATE OF NAME CHANGE: 19920929 10-Q 1 fcc_10q.htm FORM 10-Q fcc_10q.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 
FORM 10-Q
 
(Mark One)
   
x
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
     
 
FOR THE QUARTERLY PERIOD ENDED  SEPTEMBER 30, 2011
 
     
 
OR
 
     
o
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
     
 
For the transition period from _______________ to _______________
 
 
Commission File number: 811-0969
 
FCCC, INC.
(Exact name of small business issuer as specified in its charter)
 
Connecticut
 
06-0759497
(State or other jurisdiction
of incorporation or organization)
 
(I.R.S. Employer Identification No.)
 
200 Connecticut Avenue, Norwalk, Connecticut 06854
(Address of principal executive offices)
 
(203) 855-7700
(Issuer’s telephone number)
 
n/a
(Former name, former address and former fiscal year, if changed since last report)
 
Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 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 has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (ss.232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes o No o
 
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act. Yes x No o
 
The number of shares outstanding of the issuer’s Common Stock, as of October 28, 2011, was: 1,561,022
 
Transitional Small Business Format: Yes o No x
  


 
 

 
 
FCCC, INC.
 
FORM 10-Q
 
INDEX
 
      PAGE  
ITEM 1.
FINANCIAL STATEMENTS
     
 
Balance Sheets
    3  
 
Statements of Operations
    4-5  
 
Statements of Changes in Stockholders’ Equity
    6  
 
Statements of Cash Flows
    7  
 
Notes to Condensed Financial Statements
    8-9  
           
ITEM 2.
MANAGEMENT’S DISCUSSION AND ANALYSIS AND PLAN OF OPERATION
    10  
           
ITEM 3.
CONTROLS AND PROCEDURES
    11  
           
 
SIGNATURES
    12  
           
 
EXHIBIT INDEX
    13  
           
 
EXHIBITS
       
 
 
2

 
 
ITEM 1.  FINANCIAL STATEMENTS
 
FCCC, INC.
BALANCE SHEETS
(Dollars in thousands, except share data)
 
   
September 30,
2011
(Unaudited)
   
March 31,
2011
(Audited)
 
ASSETS
           
Current assets:
           
Cash and cash equivalents
  $ 144     $ 179  
      
               
Total current assets
    144       179  
                 
Other assets
    1       1  
                 
TOTAL ASSETS
  $ 145     $ 180  
                 
LIABILITIES AND STOCKHOLDERS’ EQUITY
               
                 
Current liabilities:
               
Accounts payable and other accrued expenses
  $ 8     $ 12  
                 
Total current liabilities
    8       12  
                 
Commitments and contingencies
    -       -  
                 
TOTAL LIABILITIES
    8       12  
                 
Stockholders’ equity:
               
Common stock, no par value, stated value $.50 per share,
               
authorized 22,000,000 shares, issued and outstanding
               
1,561,022 shares at September 30, 2011 and March 31, 2011
    781       781  
Additional paid-in capital
    8,035       8,035  
Accumulated deficit
    (8,679 )     (8,648 )
Total stockholders’ equity
    137       168  
                 
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
  $ 145     $ 180  
 
See notes to financial statements.
 
 
3

 
 
FCCC, INC.
STATEMENTS OF OPERATIONS
(Unaudited)
(Dollars in thousands, except share data)
 
   
Three Months Ended
September 30,
 
   
2011
   
2010
 
             
Income:
           
Interest income
  $ 1     $ 1  
                 
Total income
    1       1  
                 
Expense:
               
Operating and administrative expenses
    17       18  
Legal expenses
    2       3  
                 
Total expense
    19       21  
                 
Loss before income taxes
  $ (18 )   $ (20 )
Income tax expense
    -       -  
                 
Net Loss
  $ (18 )   $ (20 )
                 
Basic and Diluted loss per share
  $ (0.01 )   $ (0.01 )
                 
Weighted average common shares outstanding:
               
Basic and Diluted
    1,561,022       1,561,022  
 
See notes to financial statements.
 
 
4

 
 
FCCC, INC.
STATEMENTS OF OPERATIONS
(Unaudited)
(Dollars in thousands, except share data)
 
   
Six Months Ended
September 30,
 
   
2011
   
2010
 
             
Income:
           
Interest income
  $ 2     $ 2  
                 
Total income
    2       2  
                 
Expense:
               
Operating and administrative expenses
    28       31  
Legal expenses
    5       6  
                 
Total expense
    33       37  
                 
Loss before income taxes
    (31 )     (35 )
Income tax expense
    -       -  
                 
                 
Net Loss
  $ (31 )   $ (35 )
                 
Basic and Diluted loss per share
  $ (0.02 )   $ (0.02 )
                 
Weighted average common shares outstanding:
               
Basic and Diluted
    1,561,022       1,561,022  
 
See notes to financial statements.
 
 
5

 
 
FCCC, INC.
STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
(Dollars in thousands, except share data)
 
   
Common Stock
   
Paid-in
   
Accumulated
   
 
 
   
Shares
   
Amount
   
Capital
   
Deficit
    Total  
                               
Balance, March 31, 2009 (audited)
    1,561,022     $ 781     $ 9,284     $ (8,504 )   $ 1,561  
                                         
Net Loss – Year Ended March 31, 2010 (audited)
    -       -       -       (73 )     (73 )
                                         
Cash Distribution – August 2009
    -       -       (1,249 )     -       (1,249 )
                                         
Balance, March 31, 2010 (audited)
    1,561,022     $ 781     $ 8,035     $ (8,577 )   $ 239  
                                         
Net loss – year ended March 31, 2011 (audited)
    -       -       -       (71 )     (71 )
                                         
Balance – March 31, 2011 (audited)
    1,561,022     $ 781     $ 8,035     $ (8,648 )   $ 168  
                                         
Net loss – Six months ended September 30, 2011 (unaudited)
    -       -       -       (31 )     (31 )
                                         
Balance – September 30, 2011 (unaudited)
    1,561,022     $ 781     $ 8,035     $ (8,679 )   $ 137  
 
See notes to financial statements.
 
 
6

 
 
FCCC, INC
STATEMENTS OF CASH FLOWS
(Dollars in thousands)
(unaudited)
 
   
Six Months Ended
September 30,
 
   
2011
   
2010
 
             
Cash Flows from Operating Activities:
           
             
Net Loss
  $ (31 )   $ (35 )
                 
Adjustments to reconcile net loss to cash used in operating activities:
               
Changes in assets and liabilities:
               
                 
Accounts payable and accrued expenses
    (4 )     (3 )
                 
Net cash used in operating activities
    (35 )     (38 )  
                 
Net decrease in cash and cash equivalents
    (35 )     (38 )
Cash and cash equivalents, beginning of period
    179       250  
Cash and cash equivalents, end of period
  $ 144     $ 212  
                 
Supplemental cash flow disclosures:
               
Cash payments of interest
  $ -     $ -  
Cash payments of income taxes
  $ -     $ -  
 
See notes to financial statements.
 
 
7

 
 
FCCC, INC.
 
NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS   (Unaudited)

NOTE A - BASIS OF PRESENTATION

The accompanying unaudited condensed financial statements of FCCC, Inc. (the “Company”), have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10-01 of Regulation S-X, promulgated by the Securities and Exchange Commission.  Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements.

In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair representation have been included herein. Operating results are not necessarily indicative of the results which may be expected for the year ending March 31, 2012 or other future periods. For further information, refer to the financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2011.

NOTE B - RELATED PARTY TRANSACTIONS

The Company currently has one executive officer, who has a consulting arrangement with the Company.  Specifically, on July 1, 2003, the Company and Mr. Bernard Zimmerman, currently the President, Chief Executive Officer and Principal Financial Officer of the Company, entered into a Consulting Agreement (the “Zimmerman Consulting Agreement”) which provided for monthly payments of $2,000 to Mr. Zimmerman or his affiliate plus reasonable and necessary out-of-pocket expenses.  Effective August 1, 2011, Mr. Zimmerman reduced his monthly fee to $1,500 per month.  In addition, our legal counsel and our audit firm also instituted fee reductions.  Upon the expiration of the Zimmerman Consulting Agreement on July 1, 2006, the Board of Directors authorized the extension of the Zimmerman Consulting Agreement, on a month-to-month basis.   Management of the Company expects to use consultants, attorneys and accountants as necessary, and it is not expected that FCCC will have any full-time or other employees, except as may be the result of completing a transaction.
 
NOTE C – NEW PRONOUNCEMENTS AND SHARE BASED AWARDS

Recently Issued Accounting Pronouncements:
 
In January 2010, the FASB issued Accounting Standards Update (“ASU”) No. 2010-01, Accounting for Distributions to Shareholders with Components of Stock and Cash-a consensus of the FASB Emerging Issues Task Force,(Topic 505). This Accounting Standards Update clarifies that the stock portion of a distribution to shareholders that allows them to elect to receive cash or stock with a potential limitation on the total amount of cash that all shareholders can elect to receive in the aggregate is considered a share issuance that is reflected in EPS prospectively and is not a stock dividend for purposes of applying Topics 505 and 260 (Equity and Earning Per Share). The Company is currently evaluating the impact of ASU 2010-01 on the Company’s financial statements.
 
The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.
 
 
8

 
 
Earnings Per Common Share:

The Company follows FASB ASC 260 (formerly, SFAS No. 128), “Earnings Per Share”. ASC 260 simplifies the standards for computing earnings per share (EPS) and makes them comparable to international EPS standards. Basic EPS is based on the weighted average number of common shares outstanding for the period, excluding the effects of any potentially dilutive securities. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted. Net income (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding during the period.

Basic and diluted loss per common share was calculated using the following number of shares for the three months ended September 30:
 
   
2011
   
2010
 
             
Weighted average number of common shares outstanding
    1,561,022       1,561,022  
 
Share Based Awards:

The company adopted “Share-Based Payment” FASB ASC 718 (formerly, FAS 123(R)), ASC 718 requires expense for all share-based payments to employees, including grants of employee stock options, to be recognized in the income statement based on their fair values.  Pro forma disclosure is no longer an alternative.  For the Company, this statement was effective as of April 1, 2006.  The Company adopted the modified prospective method, under which compensation cost is recognized beginning with the effective date.  The modified prospective method recognizes compensation cost based on the requirements of ASC 718 for all share-based payments granted after the effective date and, based on the requirements of ASC 718, for all awards granted to employees prior to the effective date that remain unvested on the effective date.  The Company does not expect to record any significant expenses under ASC 718 for options currently outstanding.  However, the amount of expense recorded under ASC 718 will depend upon the number of options granted in the future and their valuation.

 
9

 

ITEM 2.  MANAGEMENT’S DISCUSSION AND ANALYSIS AND PLAN OF OPERATION.

FORWARD-LOOKING STATEMENTS

This quarterly report and other reports issued by the Company, including reports filed with the Securities and Exchange Commission, may contain “forward-looking” statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that deal with future results, plans or performances. In addition, the Company’s management may make such statements orally, to the media, or to securities analysts, investors or others. Accordingly, forward-looking statements deal with matters that do not relate strictly to historical facts. The Company’s future results may differ materially from historical performance and forward-looking statements about the Company’s expected financial results or other plans are subject to a number of risks and uncertainties. This section and other sections of this quarterly report may include factors that could materially and adversely impact the Company’s financial condition and results of operations. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The Company undertakes no obligation to revise or update any forward-looking statements after the date hereof.
 
ANALYSIS OF OPERATIONS AND FINANCIAL CONDITION

The Company has limited operations and is actively seeking merger, reverse merger, acquisition or business combination opportunities with an operating business or other financial transaction opportunities. Until a transaction is effectuated, the Company does not expect to have significant operations. Accordingly, during such period, the Company does not expect to achieve sufficient income to offset its operating expenses, resulting in operating losses requiring the Company to use and thereby reduce its cash balance.  Until the Company completes a merger, reverse merger or other financial transaction, and unless interest rates increase dramatically, the Company expects to continue to incur a loss of between $15,000 to $18,000 per quarter.

During the quarter ended September 30, 2011, the Company had a loss from operations of $(18,000).  The loss is attributable to the operational and administrative expenses incurred during the quarter less minimal interest income earned. During the quarter ended September 30, 2010, the loss from operations was $(20,000).  The decreased loss in the current quarter is primarily due to lesser amounts expended with respect to reverse merger activities and reductions in fees paid to the Company’s professionals.

During the six months ended September 30, 2011 the Company had a loss from operations of $(31,000) compared to a loss from operations in the six months ended September 30, 2010 of $(35,000).  In both six months periods the Company had minimal interest income.  The decrease in the loss in the current six month period is due to lesser amounts expended for reverse merger activities and reductions in fees paid to the Company’s professionals.

Stockholder’s equity as of September 30, 2011 was $137,000 as compared to $168,000 at March 31, 2011. The decrease is attributable to the net loss incurred by the Company during the six months ended September 30, 2011.
 
The Company had cash on hand at September 30, 2011 of $144,000 as compared to $179,000 at March 31, 2011.  The decrease in cash on hand is primarily due to losses sustained by the Company in the six months ended September 30, 2011.

The Company does not have any arrangements with banks or financial institutions with respect to the availability of financing in the future.

The payment of any cash distribution is subject to the discretion of the Company’s Board of Directors.  At this time the Company has no plans to pay any additional cash distributions in the foreseeable future.
 
 
10

 
 
SUBSEQUENT EVENTS

The Company has evaluated events that occurred subsequent to September 30, 2011, through the financial statement issue date of  November 2, 2011 and determined that there were no recordable or reportable subsequent events.
 
PLAN OF OPERATION
 
As noted above, the Company has limited operations. The Company plans to continue as a public entity and continues to seek merger, acquisition and business combination opportunities with an operating business or other appropriate financial transactions. Until such an acquisition or business combination is effectuated, the Company does not expect to have significant operations. Accordingly, during such period, the Company does not expect to achieve sufficient income to offset its operating expenses, which will create operating losses requiring the Company to use and thereby reduce its cash on hand.  See Analysis of Operations and Financial Condition (see above).
 
ITEM 3.  CONTROLS AND PROCEDURES.
 
Report of Management on Internal Controls Over Financial Reporting
 
The Company’s management is responsible for establishing and maintaining adequate internal controls over financial reporting, as defined in Rule 13a-15(f) and 15d-15(f) under the Securities Exchange Act of 1934.  Our internal controls over financial reporting is a process designed by, or under the supervision of, the Company’s Chief Executive Officer, who is also the Company’s Chief Financial Officer, to provide reasonable assurance to the Company’s Board of Directors regarding the reliability of financial reporting and the preparation and fair presentation of published financial statements in accordance with accounting principles generally accepted in the United States of America (“GAAP”).  Internal controls over financial reporting including those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the Company’s transactions and dispositions of the Company’s assets; (2) provide reasonable assurances that the Company’s transactions are recorded as necessary to permit preparation of the Company’s financial statements in accordance with GAAP, and that receipts and expenditures are being made only in accordance with authorizations of the Company’s management and directors; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company’s assets that could have a material effect on the Company’s financial statements.
 
The Company’s management assessed the effectiveness of the Company’s internal controls over financial reporting as of September 30, 2011 and for the fiscal year ended March 31, 2011 and concluded that such internal controls are effective.  In making this assessment, management used the criteria set forth by the Committee of Sponsoring Organizations (COSO) of the Treadway Commission in Internal Controls – Integrated Framework.
 
 
11

 
 
SIGNATURES

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 duly authorized.

  FCCC, INC.  
       
Date:  November 3, 2011
 
By:
 
    Name: Bernard Zimmerman  
   
Title: President, Chief Executive Officer and
Principal Financial Officer
 
 
 
 
12

 
 
EXHIBIT INDEX

Exhibit No.
 
Description
     
31.1
 
Certificate of the Principal Executive and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
     
32.1
 
Certificate of the Principal Executive and Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
 
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
 
** XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.
 
 
13

 
 
EX-31.1 2 fcc_ex311.htm CERTIFICATION fcc_ex311.htm
EXHIBIT 31.1
 
CERTIFICATE OF PRINCIPAL EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Bernard Zimmerman, certify that:
 
1.
I have reviewed this Quarterly Report on Form 10-Q for the quarter ended September 30, 2011 of FCCC, Inc.;
   
2.
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 report;
   
3.
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 report;
   
4.
The registrant’s certifying officer is responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:
   
  (a) 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 entities, particularly during the period in which this report is being prepared;
     
  (b) 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;
     
 
(c)
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
     
 
(d)
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.
     
5.
The registrant certifying officer has disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):
   
 
(a)
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
     
 
(b)
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.
 
6.
The registrant certifying officer has indicated in this report whether or not there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.
   
 
Date:  November 3, 2011
By:
 
    Name: Bernard Zimmerman  
   
Title: President, Principal Executive Officer and
Principal Financial Officer
 
 
EX-32.1 3 fcc_ex321.htm CERTIFICATION fcc_ex321.htm
EXHIBIT 32.1
 
 
CERTIFICATE OF PRINCIPAL EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
 
In connection with the Quarterly Report of FCCC, Inc. (the “Company”) on Form 10-Q for the quarter ended September 30, 2011 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Bernard Zimmerman, Principal Executive Officer and Principal Financial Officer certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:
 
 
1.
The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and
   
2.
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of Company.
 
 
Date:  November 3, 2011
By:
 
    Name: Bernard Zimmerman,  
   
Title: President, Principal Executive Officer and
Principal Financial Officer
 
EX-101.INS 4 fcic-20110930.xml XBRL INSTANCE DOCUMENT 0000730669 2011-04-01 2011-09-30 0000730669 2011-10-28 0000730669 2011-09-30 0000730669 2011-03-31 0000730669 2011-07-01 2011-09-30 0000730669 2010-07-01 2010-09-30 0000730669 2010-04-01 2010-09-30 0000730669 2010-03-31 0000730669 2010-09-30 0000730669 us-gaap:CommonStockMember 2009-04-01 2010-03-31 0000730669 us-gaap:CommonStockMember 2010-04-01 2011-03-31 0000730669 us-gaap:CommonStockMember 2011-04-01 2011-09-30 0000730669 us-gaap:CommonStockMember 2009-03-31 0000730669 us-gaap:CommonStockMember 2010-03-31 0000730669 us-gaap:CommonStockMember 2011-03-31 0000730669 us-gaap:CommonStockMember 2011-09-30 0000730669 us-gaap:AdditionalPaidInCapitalMember 2009-04-01 2010-03-31 0000730669 us-gaap:AdditionalPaidInCapitalMember 2010-04-01 2011-03-31 0000730669 us-gaap:AdditionalPaidInCapitalMember 2011-04-01 2011-09-30 0000730669 us-gaap:AdditionalPaidInCapitalMember 2009-03-31 0000730669 us-gaap:AdditionalPaidInCapitalMember 2010-03-31 0000730669 us-gaap:AdditionalPaidInCapitalMember 2011-03-31 0000730669 us-gaap:AdditionalPaidInCapitalMember 2011-09-30 0000730669 us-gaap:RetainedEarningsMember 2009-04-01 2010-03-31 0000730669 us-gaap:RetainedEarningsMember 2010-04-01 2011-03-31 0000730669 us-gaap:RetainedEarningsMember 2011-04-01 2011-09-30 0000730669 us-gaap:RetainedEarningsMember 2009-03-31 0000730669 us-gaap:RetainedEarningsMember 2010-03-31 0000730669 us-gaap:RetainedEarningsMember 2011-03-31 0000730669 us-gaap:RetainedEarningsMember 2011-09-30 0000730669 2009-04-01 2010-03-31 0000730669 2010-04-01 2011-03-31 0000730669 2009-03-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares FCCC INC 0000730669 10-Q 2011-09-30 false --03-31 No No Yes Smaller Reporting Company Q2 2011 1561022 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying unaudited condensed financial statements of FCCC, Inc. (the &#147;Company&#148;), have been prepared in accordance with accounting principles generally accepted in the United States of America (&#147;GAAP&#148;) for interim financial information and with the instructions to Form 10-Q and Article 10-01 of Regulation S-X, promulgated by the Securities and Exchange Commission. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair representation have been included herein. Operating results are not necessarily indicative of the results which may be expected for the year ending March 31, 2012 or other future periods. For further information, refer to the financial statements and notes thereto included in the Company&#146;s Annual Report on Form 10-K for the fiscal year ended March 31, 2011.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company currently has one executive officer, who has a consulting arrangement with the Company. Specifically, on July 1, 2003, the Company and Mr. Bernard Zimmerman, currently the President, Chief Executive Officer and Principal Financial Officer of the Company, entered into a Consulting Agreement (the &#147;Zimmerman Consulting Agreement&#148;) which provided for monthly payments of $2,000 to Mr. Zimmerman or his affiliate plus reasonable and necessary out-of-pocket expenses. Effective August 1, 2011, Mr. Zimmerman reduced his monthly fee to $1,500 per month. In addition, our legal counsel and our audit firm also instituted fee reductions. Upon the expiration of the Zimmerman Consulting Agreement on July 1, 2006, the Board of Directors authorized the extension of the Zimmerman Consulting Agreement, on a month-to-month basis. Management of the Company expects to use consultants, attorneys and accountants as necessary, and it is not expected that FCCC will have any full-time or other employees, except as may be the result of completing a transaction.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><u>Recently Issued Accounting Pronouncements:</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 5pt 0; text-align: justify">In January&#160;2010, the FASB issued Accounting Standards Update (&#147;ASU&#148;) No.&#160;2010-01, <i>Accounting for Distributions to Shareholders with Components of Stock and Cash-a consensus of the FASB Emerging Issues Task Force,(Topic 505). </i>This Accounting Standards Update clarifies that the stock portion of a distribution to shareholders that allows them to elect to receive cash or stock with a potential limitation on the total amount of cash that all shareholders can elect to receive in the aggregate is considered a share issuance that is reflected in EPS prospectively and is not a stock dividend for purposes of applying Topics 505 and 260 (Equity and Earning Per Share). The Company is currently evaluating the impact of ASU 2010-01 on the Company&#146;s financial statements.</p> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 5pt 0; text-align: justify">The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><u>Earnings Per Common Share:</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company follows FASB ASC 260 (formerly, SFAS No. 128), &#147;<i>Earnings Per Share</i>&#148;. ASC 260 simplifies the standards for computing earnings per share (EPS) and makes them comparable to international EPS standards. Basic EPS is based on the weighted average number of common shares outstanding for the period, excluding the effects of any potentially dilutive securities. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted. Net income (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding during the period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Basic and diluted loss per common share was calculated using the following number of shares for the three months ended September 30:</p> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 14%; tab-stops: center 3.0in right 6.0in; layout-grid-mode: line; text-align: justify">&#160;</td> <td style="width: 58%; tab-stops: center 3.0in right 6.0in; layout-grid-mode: line; text-align: justify">&#160;</td> <td style="width: 13%; border-bottom: windowtext 1pt solid; tab-stops: center 3.0in right 6.0in; layout-grid-mode: line; text-align: center">2011</td> <td style="width: 2%; tab-stops: center 3.0in right 6.0in; layout-grid-mode: line; text-align: center">&#160;</td> <td style="width: 13%; border-bottom: windowtext 1pt solid; tab-stops: center 3.0in right 6.0in; layout-grid-mode: line; text-align: center">2010</td></tr> <tr style="vertical-align: top"> <td style="tab-stops: center 3.0in right 6.0in; layout-grid-mode: line; text-align: justify">&#160;</td> <td style="tab-stops: center 3.0in right 6.0in; layout-grid-mode: line; text-align: justify">&#160;</td> <td style="tab-stops: center 3.0in right 6.0in; layout-grid-mode: line">&#160;</td> <td style="tab-stops: center 3.0in right 6.0in; layout-grid-mode: line; text-align: justify">&#160;</td> <td style="tab-stops: center 3.0in right 6.0in; layout-grid-mode: line; text-align: justify">&#160;</td></tr> <tr style="vertical-align: top"> <td style="tab-stops: center 3.0in right 6.0in; layout-grid-mode: line; text-align: justify">&#160;</td> <td style="tab-stops: center 3.0in right 6.0in; layout-grid-mode: line; text-align: justify">Weighted average number of common shares outstanding</td> <td style="border-bottom: windowtext 1.5pt double; tab-stops: center 3.0in right 6.0in; layout-grid-mode: line; text-align: center">1,561,022</td> <td style="tab-stops: center 3.0in right 6.0in; layout-grid-mode: line; text-align: right">&#160;</td> <td style="border-bottom: windowtext 1.5pt double; tab-stops: center 3.0in right 6.0in; layout-grid-mode: line; text-align: center">1,561,022</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><u>Share Based Awards:</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The company adopted &#147;<i>Share-Based Payment</i>&#148; FASB ASC 718 (formerly, FAS 123(R)), ASC 718 requires expense for all share-based payments to employees, including grants of employee stock options, to be recognized in the income statement based on their fair values. <font style="color: black">Pro forma disclosure is no longer an alternative. For the Company, this statement was effective as of April 1, 2006. The Company adopted the modified prospective method, under which compensation cost is recognized beginning with the effective date. The modified prospective method recognizes compensation cost based on the requirements of ASC 718 for all share-based payments granted after the effective date and, based on the requirements of ASC 718, for all awards granted to employees prior to the effective date that remain unvested on the effective date. The Company does not expect to record any significant expenses under ASC 718 for options currently outstanding. However, the amount of expense recorded under ASC 718 will depend upon the number of options granted in the future and their valuation.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p> 144000 179000 250000 212000 144000 179000 1000 1000 145000 180000 8000 12000 8000 12000 8000 12000 781000 781000 8035000 8035000 -8679000 -8648000 137000 168000 239000 781000 781000 781000 781000 9284000 8035000 8035000 8035000 -8504000 -8577000 -8648000 -8679000 1561000 145000 180000 0 0 22000000 22000000 1561022 1561022 1561022 1561022 500 500 2000 1000 1000 2000 2000 1000 1000 2000 28000 17000 18000 31000 5000 2000 3000 6000 33000 19000 21000 37000 -31000 -18000 -20000 -35000 -31000 -18000 -20000 -35000 -73000 -71000 -31000 -73000 -71000 -0.02 -0.01 -0.01 -0.02 1561022 1561022 1561022 1561022 -4000 -3000 -35000 -38000 -35000 -38000 1561022 1561022 1561022 1561022 -1249000 -1249000 EX-101.SCH 5 fcic-20110930.xsd XBRL TAXONOMY EXTENSION SCHEMA 0001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 0002 - Statement - BALANCE SHEETS link:presentationLink link:calculationLink link:definitionLink 0003 - Statement - BALANCE SHEETS (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 0004 - Statement - STATEMENTS OF OPERATIONS (Unaudited) link:presentationLink link:calculationLink link:definitionLink 0005 - Statement - STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY link:presentationLink link:calculationLink link:definitionLink 0006 - Statement - STATEMENTS OF CASH FLOWS (Unaudited) link:presentationLink link:calculationLink link:definitionLink 0007 - Disclosure - BASIS OF PRESENTATION link:presentationLink link:calculationLink link:definitionLink 0008 - Disclosure - RELATED PARTY TRANSACTIONS link:presentationLink link:calculationLink link:definitionLink 0009 - Disclosure - NEW PRONOUNCEMENTS AND SHARE BASED AWARDS link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 6 fcic-20110930_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE EX-101.DEF 7 fcic-20110930_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 8 fcic-20110930_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Common Stock Statement, Equity Components [Axis] Paid-in Capital Accumulated Deficit Document And Entity Information Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Is Entity a Well-known Seasoned Issuer? Is Entity a Voluntary Filer? Is Entity's Reporting Status Current? Entity Filer Category Entity Common Stock, Shares Outstanding Document Fiscal Period Focus Document Fiscal Year Focus Statement of Financial Position [Abstract] ASSETS Current assets: Cash and cash equivalents Total current assets Other assets TOTAL ASSETS LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable and other accrued expenses Total current liabilities Commitments and contingencies TOTAL LIABILITIES Stockholders' equity: Common stock, no par value, stated value $.50 per share,authorized 22,000,000 shares, issued and outstanding 1,561,022 shares at September 30, 2011 and March 31, 2011 Additional paid-in capital Accumulated deficit Total stockholders' equity TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY Stockholder's equity: Common stock, par value Common stock, stated value Common stock,shares authorized; Common stock shares issued Common stock shares outstanding Income Statement [Abstract] Income: Interest income Total income Expense: Operating and administrative expenses Legal expenses Total expense Loss before income taxes Income tax expense Net Loss Basic and Diluted loss per share Weighted average common shares outstanding: Basic and Diluted Statement [Table] Statement [Line Items] Beginning Balance, Shares Beginning Balance, Amount Cash Distribution Net loss Ending Balance, Shares Ending Balance, Amount Statement of Cash Flows [Abstract] Cash Flows from Operating Activities: Net Loss Adjustments to reconcile net loss to cash used in operating activities: Changes in assets and liabilities: Accounts payable and accrued expenses Net cash used in operating activities Net decrease in cash and cash equivalents Cash and cash equivalents, beginning of period Cash and cash equivalents, end of period Supplemental cash flow disclosures: Cash payments of interest Cash payments of income taxes Notes to Financial Statements NOTE A - BASIS OF PRESENTATION NOTE B - RELATED PARTY TRANSACTIONS NOTE C - NEW PRONOUNCEMENTS AND SHARE BASED AWARDS Assets, Current Assets Liabilities, Current Liabilities Stockholders' Equity Attributable to Parent Liabilities and Equity Nonoperating Income (Expense) Operating Expenses Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest Shares, Issued Net Cash Provided by (Used in) Operating Activities EX-101.PRE 9 fcic-20110930_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 10 img001.jpg begin 644 img001.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_X0`617AI9@``24DJ``@```````````#_ MVP!#``@&!@<&!0@'!P<)"0@*#!0-#`L+#!D2$P\4'1H?'AT:'!P@)"XG("(L M(QP<*#7J#A(6&AXB)BI*3E)66EYB9 MFJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN'BX^3EYN?H MZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!`0$!`0````````$"`P0%!@<("0H+ M_\0`M1$``@$"!`0#!`<%!`0``0)W``$"`Q$$!2$Q!A)!40=A<1,B,H$(%$*1 MH;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF)R@I*C4V-S@Y.D-$149'2$E*4U15 M5E=865IC9&5F9VAI:G-T=79W>'EZ@H.$A8:'B(F*DI.4E9:7F)F:HJ.DI::G MJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:XN/DY>;GZ.GJ\O/T]?;W M^/GZ_]H`#`,!``(1`Q$`/P#WVC\*YN_T/Q$^HRW.E^+'MH9"&^RW5A'<1IQC M"D%&`XZ$GOZUE>([GQKH>DI:?>R6-RL,OFQ&1`I)1L`E2&'4`@Y!Z M9K>H`*S&NHM7%EX"U1K20 MQSS+':I(#@IYTBQ;ACN`^?PJEIMC;:!\28]*TVWC@LY]!5G1$`RT$H1"3W.V M4@GV'I0!.=0\?6<>)=`T34VSP]IJ+V_'NLD;8^@8U&/$GC8':W@!'M(LWN(;Z?4DN8YX[& M2Y$:PJ[[@J*=[@A2%]LMA+/"CV)O5\B.]GEDL8%GFC7;%&6 M2-CACB4CHQ&<[3B@#?\`!EUH$'AMK;1Y)X[73G:*Y^W1O#*DF`[M+O`.X[MQ M/3G\!TX(89'3L?6O&]=>UB\-66CV&DW]CI$VH*VH:MXAA9(I)"K%9)P_SR$R M"-LLH0E40D*<5TEEK5^;'3]'\"6]MJMAI-O'%/?WU\.W]OY%C:P%I;NZ+[D(QPI+Y&Q0,\Y. M,5'\'K=X_#MX^HM*WB".X^Q:EYI!:,P*(XT!'!4)@YYR78Y.:`/1:IZKJEIH MNE76IW\RPVEM&9)7/8#T]2>@'6^([[6?&?BU-(T+3(;S1=%N`U_+=7 M/DV\UVO*Q$J&+K&<%E`Y;`.,#(!TW@/2;FVT^[UO58O+UG7)1>72$@"[1S7'MXAU*Z^$MUXD:!+#4&TB:]B1 M")!&WELR'D8/&TX(]C6QX3O;C4_!^AW]V_F7-UI]O-*^`-SM&K,<#@`]S,L8)]!D\GV%`%VBN+'Q)L-1&WPSI>JZ_(255[6V:*`,,_ M>FEVJ!QU&:T]$N/%EU>O-K5AI5C9-%F.WM[AYYU?(^^VU4QC/0'G%`'0U0N] M(MKS5=/U)S(MU8^8(F1L!ED7#*P[@D*WKE!SC(-^B@!",@@\@]10!M``X`Z` M4M%`',:3X$TC2+VWN4>]NC:)Y=C'>7+3)9)TVQ*>G&!N.6P`,XJGK.C:EH?B M67Q7X?@^V?:HTCU;3-VUKE4&$EB8\"51QM/##C@\GLZ*`,?1O%&DZZ3':7.V M[5^U?2X#BW6)2,,G'[N1\,-B\.J'(&!N]9\2^(+7P MSH<^I72M)MPD,"9+SRMPD:``DLQX]N3T!JIX0T.YTJQN;S5'CEUO4YOM5_)& M/E#X`6)3R=B*`HR3T)[T`KK?A6:'2=;C'($>+:\'79.BXW#DX8?,,YYP,^&YFC\JZ+??^SSXSL&/&G]B6CWGCB_@NY8Q+-";*"7R7;YB@9PS' M;G')[<8'%=>V@Z0\EG(VEV+26*A;1VMT+6ZCH(SC*@8'3'2M&@#D/^$(O+IP M^J^,O$-UM.1';SI9H1[B%5)[]_PJYIO@+PMI-Q]IM=%M3=9W"YN`9Y0?7?(6 M;]:Z.C%`!11BEQ0`E%%%`!1110`4444`%%%5[^RAU+3[FPN-_DW,+PR;&*MM M8%3@CH<'K0!Q&B/_`,)SXPE\0%UDT#1I'MM+0Y)Y)))JY0`5D^(?#6D>*M,;3]9LH[ MFW)RN[AD;^\K#E3[CZ'@UK44`<'&?&'@U2C)-XKT5.5=2%U&%`.A!PL^`!SP MQ)-=#H'BW1O$J2#3KL&YAXGM)@8YX"."'C;YA@\9Z9[UMU2_LS3VU(:F;&V. @H*GEBZ,*^:$_N[\9QSTS0!=HSV-%%`!BE%+3 XML 11 R3.htm IDEA: XBRL DOCUMENT v2.3.0.15
BALANCE SHEETS (Parenthetical) (USD $)
In Thousands, except Share data
Sep. 30, 2011
Mar. 31, 2011
Stockholder's equity:  
Common stock, par value$ 0$ 0
Common stock, stated value$ 0$ 0
Common stock,shares authorized;22,000,00022,000,000
Common stock shares issued1,561,0221,561,022
Common stock shares outstanding1,561,0221,561,022
XML 12 R4.htm IDEA: XBRL DOCUMENT v2.3.0.15
STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Share data
3 Months Ended6 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Income:    
Interest income$ 1$ 1$ 2$ 2
Total income1122
Expense:    
Operating and administrative expenses17182831
Legal expenses2356
Total expense19213337
Loss before income taxes(18)(20)(31)(35)
Income tax expense    
Net Loss$ (18)$ (20)$ (31)$ (35)
Basic and Diluted loss per share$ (0.01)$ (0.01)$ (0.02)$ (0.02)
Weighted average common shares outstanding:    
Basic and Diluted1,561,0221,561,0221,561,0221,561,022
XML 13 R1.htm IDEA: XBRL DOCUMENT v2.3.0.15
Document and Entity Information
6 Months Ended
Sep. 30, 2011
Oct. 28, 2011
Document And Entity Information  
Entity Registrant NameFCCC INC 
Entity Central Index Key0000730669 
Document Type10-Q 
Document Period End DateSep. 30, 2011
Amendment Flagfalse 
Current Fiscal Year End Date--03-31 
Is Entity a Well-known Seasoned Issuer?No 
Is Entity a Voluntary Filer?No 
Is Entity's Reporting Status Current?Yes 
Entity Filer CategorySmaller Reporting Company 
Entity Common Stock, Shares Outstanding 1,561,022
Document Fiscal Period FocusQ2 
Document Fiscal Year Focus2011 
XML 14 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"+' '+ "\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 15 R8.htm IDEA: XBRL DOCUMENT v2.3.0.15
RELATED PARTY TRANSACTIONS
6 Months Ended
Sep. 30, 2011
Notes to Financial Statements 
NOTE B - RELATED PARTY TRANSACTIONS

The Company currently has one executive officer, who has a consulting arrangement with the Company. Specifically, on July 1, 2003, the Company and Mr. Bernard Zimmerman, currently the President, Chief Executive Officer and Principal Financial Officer of the Company, entered into a Consulting Agreement (the “Zimmerman Consulting Agreement”) which provided for monthly payments of $2,000 to Mr. Zimmerman or his affiliate plus reasonable and necessary out-of-pocket expenses. Effective August 1, 2011, Mr. Zimmerman reduced his monthly fee to $1,500 per month. In addition, our legal counsel and our audit firm also instituted fee reductions. Upon the expiration of the Zimmerman Consulting Agreement on July 1, 2006, the Board of Directors authorized the extension of the Zimmerman Consulting Agreement, on a month-to-month basis. Management of the Company expects to use consultants, attorneys and accountants as necessary, and it is not expected that FCCC will have any full-time or other employees, except as may be the result of completing a transaction.

XML 16 R6.htm IDEA: XBRL DOCUMENT v2.3.0.15
STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands
6 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Statement of Cash Flows [Abstract]  
Net Loss$ (31)$ (35)
Adjustments to reconcile net loss to cash used in operating activities:  
Accounts payable and accrued expenses(4)(3)
Net cash used in operating activities(35)(38)
Net decrease in cash and cash equivalents(35)(38)
Cash and cash equivalents, beginning of period179250
Cash and cash equivalents, end of period144212
Supplemental cash flow disclosures:  
Cash payments of interest  
Cash payments of income taxes  
XML 17 R9.htm IDEA: XBRL DOCUMENT v2.3.0.15
NEW PRONOUNCEMENTS AND SHARE BASED AWARDS
6 Months Ended
Sep. 30, 2011
Notes to Financial Statements 
NOTE C - NEW PRONOUNCEMENTS AND SHARE BASED AWARDS

Recently Issued Accounting Pronouncements:

 

In January 2010, the FASB issued Accounting Standards Update (“ASU”) No. 2010-01, Accounting for Distributions to Shareholders with Components of Stock and Cash-a consensus of the FASB Emerging Issues Task Force,(Topic 505). This Accounting Standards Update clarifies that the stock portion of a distribution to shareholders that allows them to elect to receive cash or stock with a potential limitation on the total amount of cash that all shareholders can elect to receive in the aggregate is considered a share issuance that is reflected in EPS prospectively and is not a stock dividend for purposes of applying Topics 505 and 260 (Equity and Earning Per Share). The Company is currently evaluating the impact of ASU 2010-01 on the Company’s financial statements.

 

The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

 

Earnings Per Common Share:

 

The Company follows FASB ASC 260 (formerly, SFAS No. 128), “Earnings Per Share”. ASC 260 simplifies the standards for computing earnings per share (EPS) and makes them comparable to international EPS standards. Basic EPS is based on the weighted average number of common shares outstanding for the period, excluding the effects of any potentially dilutive securities. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted. Net income (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding during the period.

 

Basic and diluted loss per common share was calculated using the following number of shares for the three months ended September 30:

    2011   2010
         
  Weighted average number of common shares outstanding 1,561,022   1,561,022

 

 

Share Based Awards:

 

The company adopted “Share-Based Payment” FASB ASC 718 (formerly, FAS 123(R)), ASC 718 requires expense for all share-based payments to employees, including grants of employee stock options, to be recognized in the income statement based on their fair values. Pro forma disclosure is no longer an alternative. For the Company, this statement was effective as of April 1, 2006. The Company adopted the modified prospective method, under which compensation cost is recognized beginning with the effective date. The modified prospective method recognizes compensation cost based on the requirements of ASC 718 for all share-based payments granted after the effective date and, based on the requirements of ASC 718, for all awards granted to employees prior to the effective date that remain unvested on the effective date. The Company does not expect to record any significant expenses under ASC 718 for options currently outstanding. However, the amount of expense recorded under ASC 718 will depend upon the number of options granted in the future and their valuation.

 

XML 18 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 19 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (USD $)
In Thousands, except Share data
Common Stock
Paid-in Capital
Accumulated Deficit
Total
Beginning Balance, Amount at Mar. 31, 2009$ 781$ 9,284$ (8,504)$ 1,561
Beginning Balance, Shares at Mar. 31, 20091,561,022   
Cash Distribution (1,249) (1,249)
Net loss  (73)(73)
Ending Balance, Amount at Mar. 31, 20107818,035(8,577)239
Ending Balance, Shares at Mar. 31, 20101,561,022   
Net loss  (71)(71)
Ending Balance, Amount at Mar. 31, 20117818,035(8,648)168
Ending Balance, Shares at Mar. 31, 20111,561,022   
Net loss  (31)(31)
Ending Balance, Amount at Sep. 30, 2011$ 781$ 8,035$ (8,679)$ 137
Ending Balance, Shares at Sep. 30, 20111,561,022   
XML 20 R7.htm IDEA: XBRL DOCUMENT v2.3.0.15
BASIS OF PRESENTATION
6 Months Ended
Sep. 30, 2011
Notes to Financial Statements 
NOTE A - BASIS OF PRESENTATION

The accompanying unaudited condensed financial statements of FCCC, Inc. (the “Company”), have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10-01 of Regulation S-X, promulgated by the Securities and Exchange Commission. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements.

 

In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair representation have been included herein. Operating results are not necessarily indicative of the results which may be expected for the year ending March 31, 2012 or other future periods. For further information, refer to the financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2011.

ZIP 21 0001477932-11-002307-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001477932-11-002307-xbrl.zip M4$L#!!0````(`#`]8S_5NK%@CQ4``&VU```1`!P`9F-I8RTR,#$Q,#DS,"YX M;6Q55`D``^Q]LD[L?;).=7@+``$$)0X```0Y`0``[5U;<]LXEG[?JOT/6,]L M5U*E"R7Y%CG)E&+'O9[N).XXF>G9ERF8A"1,*%)#D+&UOW[/.2!XD2B)DBA9 M[J@?TC()X'PX.'=`T.N_/(Y<]ET$2OK>FZ-6PSIBPK-]1WJ#-T=?[^J]N\N; MFR/VE[?_^1\,_GO]7_4ZNY;"=;KLRK?K-U[?OV`?^4ATV<_"$P$/_>""_8V[ M$3SY[?<;+X1G=BB_"WBJR719I]'BK%XO,>:='P6V2`:\MJ7]SY;U[\?[P&T\ M]H'2%0_A>=MJM9HMJ]D^_M(ZZ1YWNB=G)<1BI9'SKT8K_T]U?(R'9Q7\9 M,,I3W4>"KEGBR/3 MRY7>MZ)^K5>O7C7IK6DZTY+F&M/H-/'U/5?IR`AP0?L9)/#6"9,.V<8G3?TR MUU06-CW53:5IZHBI=DK8C8'_O0DOFK@X=:M5[[1,\T#TYT(^;<);TU`J_[C= M.ELT/]W"=(A4?<#Y..G0Y^J>&LL(Z,9 M*$U=13+[6?09"6)W2,N#W>K8Q7K5L1J/RCF*7R/1-T=*CL8N2%73#*4UQ?9! MX1]#)ITW1]>!/](TCP%>Z,_23[H)+Y3A)'F:/)<.ONE+$3!"*7+,,T)V>?/+ MT5M4VK..=7KZZG5SNG-*KEE(+Z8V!L;[SBP*T*`@1$/S-IV.&2E]-]-->$ZF M$\X[)>_DNICG.0#F8DG"1MBTD=M";/F4DX@>TP*35K9W\LLW:V7V8MYK.5X;/U_/ELK<-G:S=\ M/OYC\7EU-[U5/L?&U7KNQM7:IG%-F?0,!3#/I.VY::VQ0""GL;@H_[ST1R/? MNPM]^]L',;H7P9.Q,%5+,1B)S-R35PZ`>1R[TI:AQLH<"2UU)2+.U[J8H`OL M__[?$>"&^8U]#_Y4O4>ICMZ:9C/S?MTL))&%URS&M[GQ,2NSLO')ZM76C7SK M(#+[(S+K^:O6#D2F('T_B,Q>B,R^5B+0_!TLRU.*21J(F+78=K1V6._]6.^= M1.>'R&%_UGNKI:Y\T?2PWONQWD^26/8<1X;`/.[>)=\+$/N_E!RL)`' MAX2S;,)Y$*4]%J7GE8@>1&F?16GO$]2#^.R9^#Q1XGJ0@[V5@YTFM`Y"#O9:#)TF`/XN02T\X[WG@26^@?BAA*)[\(>4MF_(>A&>OA.=Y);D' MX=DOX=G[M/8@,$\N,$^4R!Y6?H]6?J>IZV'E]VGE=YFL'E9^SU;^*=+39W92 M^MEF)$G-8>^WEW-L&4DN(H"\3;^ZG,7VIC!S*L\ M"1QMSOAW0QX(-9=$+"G4:&T:@.]V#AU'?H?UF.4M]OV(7X3&ZP1F/<@*/)C& M6#1JANB5\/R1]):17A/.S&$@5!B!=>'\!BX7G M,WYA>]'7K:\O+R_9S"M@RVN73XH3:;/ M724TA=P`V9$OHR#`QU+9W/V'X,&J)`LA-W21(N@EUP)\ M#<_*3_:W=EX)9D::3PXE;#5B^+F(7#)2P5JF!S2UH_D4A>B"\1:;'-VIJQ(8 M&EEZ$?LGY@A;`K/5FZ.;C]=@94Y.6U:[G5OI!;0,,I.=O.-*`L6>;?L@C--@ M%C'A)S>\&#,53EP(;OK0J&"?_1'W:OI!C=W!6O0OV(@' M`^EUF77!D$R=NW(`?_XK4A#R3(Y^&H077X:"<0!$\H.0(H]'C@R%@^`@.%+P MJ0^>RK,E=W_Z4ZMSH4PNIIC?9^A+:NS&LQOL10B#_<1'XXL_M8[/+F*A-`_. M+U[6V)!_%^Q>"(^-`S$&?CE,>@0@&O8@PR']'7-H'$B@/'9AF@.Z4,AU M)_A>C`$BP8'^2/>K1Z`I421@/;HXA;,7*:*?>[W;#!S6]P,@'T*[43I'>`+/ M1QQW.QDLI(:$)#"0"R(;7R@6^NP:FC'T/-B,L/1`'6U7X$.KA2#`JT:N'NJN M_GL-IN./(G?`$>K]A$:]$W84R%`":J3V_M$>LSV4` M?4`3%`RL5RM5D'AI'3:$SA*$X-,80U4<'3I$;HP$=(@DP0PN03\DF!^;XRU; M"`ZG%O=@#T-I#V%V$Z#!Q.-8V"B)"`=;3<"F,J'MY`<>0,M.JX:W:;49M/"A M2<#Z40AA+=/)"P@(8@!%@.G$W@*:)O..%7O* MC)Q>*-;S/&!N[/\8<`TUD9"`XOV23*=/CB*9%0R9FU0K(]VOFW.-]+05_RQ< M5-];2)5EQ;A"N@YOH8\W\!,7OG@D?8$_L>2@!( M;"PG?6F+H$9B#?320 M/VG(--ZM=A.PVM>)E)GWL0K$Y&L@"J'0C@>DC=V#6^6`Q#(C71X:#Z4P'R`[TH, M[,=NI'4]H%B9WX.'(;U)[(D?A76_7Q^#S(F0]!K\MFJP]_V^H-OV6"\:@%2P M6/)K4R2!'9&-I@;H&JA](1#;GUNU$T`)^DX0Z&T#_#V81'TB"%8["I@K!L!R MU!DE7$*'3RF4`#T$/PG&T"NB//: MW2;KE1>X4RUP[WP4+QCD"KR>#:DV,#4*AWX@_P\`:%JAKC0O(I4N,@DVUQRJ MAWZ=/A"2>[0:#;`OQFU,25UL:RELB)0P>@79-F@S#P&;)R;:&L;!#R?KJ-)% MKM%;+*(H,OB)]0Z'/-1F&-/Z!PGNBKP(DNU'KEL/P6BD!ER`O_,0X M"JG$'B%U%8@_#@U(^5F8FKI"N[F"6306%>^EZX)QNPU\#Z9L:Y?0\QR*I,$0 M"Z?W`$NH]LF@XL@1?O@,"T/&E#)7AV7"^OR$NL2NR'3>83@%(]\7Q%7W6X)R M`DT71UE_Y>"X@TF*!^O06EFO>W?O0+2G6$FP[C"?0CD`(^&@01\E$3T)WM!W':PTD)-+=YI0(RC/TV$7 MZ.(E5\.Z]I%@12)E=)ZF\A[LR``)D7@H]H6K;QBGV*+VX@M$FC8[L4Y>-@A; M4VI7#9J=03@S;=N%\*XO*5;B(3,N2B$H1J4`;<@XE*ZS>MI!CZ-@["N=.?+QV*5]& M&5I[4Y,2/Y18%(`!K<:)]+:?M2VQ*5E68\1*UY`B8U!<0.8\&)_GK#`D'>OYLS!*C>3)?YM'_8LC]_TDI(5I_ZOO81Y,YZ=Y?:_F%V+P)( M\K3)@Y?H=,&^G+^L98I_B@B& M&R_6=HP]?A"H?6A6OH,"#03S(CJLHN-D%`Z]_X>YF"D`$QA3C=`5$PJZW<@Q M/D";'.UV@.>)AP5OX4A7)[HJJ1`V(&1Q*7U"B+'+TXQ*?;/N1[#CQ`!LC0L3 ML6$8)ON9\=*L``-KO)F=PB`R.LFT=`2`MDP\BL"6Q!3J`9P`+`V0.*I$^I!F MO(!87[W,K$KLGFWNVI%KZI[D>I$%WDS/N"JZ#KN9$P6&KYK;/TC]4DLM>:)8 M/)"7M`A99K$'/K,8D3(%P"(FP3G]57%&[PT(\->]8W7FS M#DGW;.&Z"GP5_9:`=41_C[&*$/^],F<>I!,.L:GUWQ?LW@\@2JS;,`L^5J++ MS*>C%`]""0P=%%ZL5QF&AOXX;8KY*35W3'-#[!AHP7SJH!9C!52HFL0Z#0OB MAX`<]"E^OF`NGV!99A!(IS[R'4#D2D^4%I[060[FY'R/P+0ZZ2K<^V'HC[JP M0I[C/]`!GQ:LI_)=Z52(6/7R^<, MX(>:[*H`#E*Z#,#?UPE6ET)=8*8:F*<[?@1^?CN6JE4[.6W5K'9[AQRE#BLO MZ-YQJ4!=FA21Y1X]VY1UES4!RE\9[4PPO37Q1R\&V&;3UO'QQ$U1AD],J6NF MW.K]S:(47V]1F5K"6>L\4TO`&@-KM3LO/K]\64O>Q^=5E-G0U,O,Y4S6%26`JK8>][W/NR_8%'VX-Q+3I.3I." M7ZXH(`-]A@/+NIBT499@'70>[.VKV@K,L.R>P$2117Q MY'Q`"@MW,#0.0Y/-THLK^?&(JH!BKB83"TBRHVX$9Z&3)Z=(N#,Q!XB+ONU#F8)O9#R]@H5G*I/"L M-X/CO11P0%1,4J#1=";#2\\$Q`N:Y52L`YE]BDQ4H`_X_(__(""2T#MUZ?Z. MT4M-$ZL)N<%I*]H18]QCB,=!%>Q-K%TWUG5+"=F]O7 MS=4WJZ1#@=A/]Z&#Q^52]JYV>3\7O@60.I]8[ M1V];Q\>69:7[\:6H50F1OK.S&.+9JR>$:)6!V#ZQGA;B\H5NM]J;0^PI)4(5 M'U.O3.9RHZY#0^!Z>L17.KY+?2Y>V,S:5Y_,\CO(4JP=;@FWM MJM!NC8,5DEZ9'\MITP'[T+CQ2Y^VXX5G2[&*PCPJV?6D^^8H!&9G?@!U?2I% M4UU&)3/;ZM=N=6*;K%81`^-OV&P6(9V=YPWH],!K$EX^UU4)S[EK+]-M@S7N M3%GTI;0J0[><416@F[X!`HQ@--)[G5>BCY<_K,V[^OGI5/"QG%AE\)8S#^`= MGV\(CU@:']&+#[JM'3ITSG)@9H=>FW@)ZW)ZOA7BY7*(SJMM$%_P.THK69^* M>;$O<.;_"LU3P9GS(RE/`:?D%><+H;UJGQ]O59`VP#;C.*J6JCW%5N)ZXB?! MMNSNP26.[,3:KJ2MB>ILJQYM35333K]JZ5H3U=E6?>`2[X]?TU^->B;_P))N MA6'05`5E&:&*@*U>=5D56,:QW?+@4T!?O'1VA#2V4J06EN'9&4@E=JS MVPFDXY4@K;=P'WW/-]>0Z);OXS,`U0O37%J;@MI$G+8#:D.!VAJH342J-*B? M];U.N&/EC*1'MQ#B>9=*)2N?)"TA60W"%<7L;,<(5Y>Y7?-P90'LM#9!^"M> M87(M1.F[Z99YZ6QV9<9>E>AJ0M2N@.C*]$ MWP^$;O>%/PKU07J0FX83$QJ!6@:I/K6Q\N2L@R%C8_@.PJ*^7#?]7W82:35JRU2Y M0FHEI+]::LL$9AFUCR),UWLK7B1'81WRFUGBS*6M]JUP>[<(BCB_4P2K_/;N8NT[ZVQ)^3?: MOC^KV""7_;70W;F)PI^G>MJEJG!-#%O-#B_=Q`.!FKFF:1VO/6^ON6XUK,S6 MUQ+2U2!=[.`7(6WM$NG26&"?D"X.&ZI=?=HFW%@HE^W&%E%9`\$"8=L%@L5" MM",$"X1C$P29#`8O$1=70O__QBOSO:%JDH_CZ81X#23;F\\:\?P6Y@/.!K_( M>1O?'?]N\E4)B+&2>F8/OPE>X9K,YB0ER5<+?`WFSZ22:P(O_OJL_C&CZ37= M"L]7`5`U^(WYO@EX4]?"-&)KQ:C%)"JHTF0*=EN=R%(J%S%Y4!@``\C,``!4`'`!F M8VEC+3(P,3$P.3,P7V-A;"YX;6Q55`D``^Q]LD[L?;).=7@+``$$)0X```0Y M`0``[5M;<]I&%'[O3/_#ECRT>9`%)FEJ8CWH\$CY9 M;]CWJ?^MU?R^O!3AP7(*)_6P@O7#9JMEMIKFX9M)ZVWG3;OS]EW)_156D5SO MWUPV5S\)^W%(V3\=_>L22X)`=4QVEI*>-&9*77=,<[%8'"S:!UQT#A,2B30O]EI&2&7C):AT:[=;"402-5?JQ!P4,R)E.D/R_& MSOK4*=CSP.=S4U\PP3C1G#!EL=7L-WBSI_#H$99@_@/`4AUJ3WHP0)8L@[21^8@PC+$#H&5'4Q^%> M@'9R/AZ=#BBB#2&'T^&US@=@@$)5Y7,]+:KN#+,K(AWF*>[_,^-A`&G)_AZ! MS^P#L\0V3XP;RUD_Y(N]E/F`Z2G\3U+8>22(A#-*!6<.R^/QC$D(\@;@S^IV M(C"3NMR4\+DBOL>]+M^$?EO`1%Y"!H:-M M-M-CL/"W_.)A![.B,&4T3WS0H.`(*?]4\'FFKE=ZY7N+L6D0.+^!%H1>S10@ MK]2`B7BY?E83$^S2_6[CU$W'0^BW1`+5YT,VG(6.'QY"^3*5CM+#"B^ MI"%5E!1DV%V$54:I[T,KH+OW6WP9$D@WL"(B$I06:*\=*H[W;*&V8G]_G=39 M'XL=L4YVV660_Y#>NWP^IRIMK+L)H+V>J\AJHG?'&1&'*2&!CP2!322CKT3R*IS8],J4^S>IQRC"6,UZ[ M6N.5UT#MC+=1B_3(JFP:+V:K3^^3*U=&0[2?O:KK'TK+5C3^SA+QV-PUY'OV M`>#NQQ[K:6`[=QJ(?MMB?_U,$\N"IR%KL&_N@?4FUL0^MUT`.NRCX<@>6Q-G MZ`+L"X8C*`,D>%WA0-/EC"?2L"N'@;3$7EX3)K-ZHQSZ"O.:PVZ(C)OH!%/\ MA!M6,H3()J\XCQ5:8S/(BX2N7?49IJ*MA,JZF]M!5R'JY`V*4$\P@CEE5"H- M[J8@3@JY*O:T3%ML>EA)T6OG:`-RA<,^R1[;W%VON+B7,L,#<6JG\"0!#;B4 M?1`O&6)$(-5=H3PE4RY(0C?!2R+/*>,B?E:99"UPLNU=DK[EG*@9#^Y2799) M7Q1!Q;%;@;:?ONZ\<*!5K+/L.'^H+*/:6':)NA,SJPO-MC7][X M]4S1(-O*`T^AMD\SAS69U!6'<4E39XI9$&XO=_^[[UMKZ_O+M[GWE]TSR_UH M>\AQX<*P^]?9<-"SQ]ZOR/YTX4R^OL"]\<.7V];0?\^';GEGJ#\8?J[-K3%1 M6IB1X#<4]'!Z>R$)A/HZE5OZ#>J\IX/[;/!_PM\O"^QIF9-AXYOA,V;_PG=TUS#_NPQS;`R@!/32RQI.O:#*V7,_JQN/19\*Z MUYN[:]Q']W&[]F?0[-`=7KC=506SW![RSJRQK74/(EF?K7%O)<;*6_0O_5\9 ML/(O4$L#!!0````(`#`]8S^F4`92@@4``%,D```5`!P`9F-I8RTR,#$Q,#DS M,%]D968N>&UL550)``/L?;).['VR3G5X"P`!!"4.```$.0$``-V:WW/:.!#' MWV_F_@<=?;B[!V,[),V%ENNXX#2>(X9B5?Z['YE>27G[;M9%*+O)!:4LT;%K!H51)C/`\H>&I4[3[.\IN-4 MD)"8!3CDC#0JC%?>_?WK+PA^WOZF:>B:DC"HHQ;W-8<-^1ODXHC4T0?"2(PE MC]^@?W$X@9:/GQTFHGP2^R3O\-JG_KUI?)L- MXK`Z&\)(+2RA_H:3]PQ7`YD[+!I?Z/.+BZ:TI.L%:$'K M(HFDS7TLD\FRE0AMM%#?M,Q,4TV:>:;5S.I,!)5,IR39,0])CPR1^GO7<_)1 MAR!]U>>1KB[HH.,D(DQ:++"9I/*'$C6.$E"`3WH:Q638J"@_3 M[>(K?XQAX@L:C4-(AOX3A.]QJ#+IC0B18AM2H?&!&;HXAJ!'1%(?AWL!%7H^ MG4[=>T0)(3K#SE@M'2#`UE25>QV6JCG"[($(AWF2^U]'/`Q@!;._36#.[(.Y M0S<'YL9B=!WRZ5[)7',ZQ/P3%'KNQD3`&#O=G"4N3^?ID1#B#6`^RQ_]&#.A MGDP[S+EM?D\G<\FT&W/&)W#3)7K`XN2-X+Z#?)#`FN(XV$JY3Q]EQ#CV,^@B MXT6(#>M]]MA1"_U%PC:"+F)_,B!:0(%-)+*F`RUF)>^%,JF#J9[:Z(4=')\[ M'TP+>(3IGM#KWL]`G(RD120:D'A/W&77X[/B,-R/,'$X/A?CTMH7+?-YUCE) MAG@2RI^>E)G[,C,T4T;5`M>&KTO<9"8)"TB0D:L.GU"A0;/RAW+;1!K*/!8_ MPB8$S=W1DO\QB(N+L!SQ#+CRYR5\?F^U+;=I(^_&MOO>,R`5EV$Y7ZV4#_VQ MY/[G<7BW%&W^O:M[0)GYQIUNG;/ZCL=%ZCO&)X$%!Z^ST"\2YV6 MAW!1&D+SQG(_V!YR7+C0:?YSTVFW[)[W.[(_WCG]+]F6)XLEY/Y2`*':<_&X M<(%(;NPA%H/D[IX([0'CL9[L@$DH1=:2U`::8::;K%=I\WW.#%DC#GS,Y0GQ M@(3)V/?73:=99*B_`.X^'CPNG9N84Z-5WL;HN[OCPF2_&=9\S";/, M#I/18$$G#^I#AC6,>52>R31K?#/[8EX!H8)X#/.Q43&-1XJ00V77J,AX4A#L M*<29WRU-'HTY2TK0&=TZOXI]#BI=8?58*M6R"$4RE86ZKMJ9<5*!5F!;:3E: M*,P&VX,*LEX9EZI1FFN^%?W_*LJ]61#`H73)BL,GK7A/$BX);Y-VM=-J!Z@1 MGQ<*M^E^J5"W`KO#"K:\9RL2H_RFX*6L&Q]")TV^%01)OG#8Q31P6!./J<1A MJ1!;?%ZL*#O%6B#0:17J$0GQD,#&,:/L091*L\GXQ6I2'EW!<^:T8B2'@,(1 M8O*X)5HMQI9,GCOQ.Q;(!6$4Y/K$A?"FG>-:];MN^$+3ON6EQ=)#^:3);]'O M-("-OUAXD*FW&ALDV&S^,H78%MZZ'*]/*H=+I,-\'I$V%YLV@2LV+S/QA8&L M9_MRX81*+SBB.O;IU=K[N_RLZG7Y697EW:#K=N?3,QRWE;W>RW$OU0DP%>IT M8Q*3Y"C3>VXG3NWF4X*RVTA[\;JV2KS$)'UR>JUTBC2J:U^ MJ?_E@);_`%!+`P04````"``P/6,_-W&#%,80``#UU```%0`<`&9C:6,M,C`Q M,3`Y,S!?;&%B+GAM;%54"0`#['VR3NQ]LDYU>`L``00E#@``!#D!``#E7?MO MXS82_OV`^Q]XZ0';`G%L)]T>-NVV2\[B_ M_OB09#WXDC>A9N\6V-U$FJ$^DA^''')(?O?#XSI`]SA._"A\>S`\&AP@'+J1 MYX>W;P_>SWNC^7@Z/4!)ZH2>$T0A?GL01@<_?/_7OR#RY[N_]7KHPL>!=XK. M([-3]$\ER1+YT[*7E^/!@.^\-!__CKQ?#U MZ=/!8-C_]=WEW+W#:Z?GA[0(77R0:]%41'K#-V_>]-G; M7+0AR;*;?>.DG\,I4B9O?85\"4GBGR8,WF7D.BEC@/8S2"I!?^OE8CWZJ#<\ M[IT,CQX3[R`O?%:"<13@&[Q"+)NGZ=.&L"KQUYN`@F+/[F*\$H,)XKA/]?LA MOB65[=$/O:$?&GY#/_1%]OC26>+@`%')]S=3:;[>5-+*E/JVP5[CV(^\2;@? MZKIV1_!)VXG33\A`6=]Z%A91Z@1[@2]K6H=]A?_9(F5A_O5](ES2KL M@#Z\)#]5@./'%(<>]G+H-"V%@6.?8G8W2[M(/7(KZ0;46$:QL$18DBLG6;)T MMTGOUG$V?=8?X2!-\B<]^J0W&&;6\8OL\<=QM%Y'X3R-W#_>X?42%Q]A.7Q[ MH)#KUU%3C5&<0W=B5Y/_3*+O1J1SV*2]@)'O??S@^^Y'&*"W_5W*77'#SH^ MP6L): M:*>&?J>*_X)!N9'G^71HZ`37CN]-P[&S\4F/IS1/&AV;E#."7Z:<4@$,Y4Q0 MUBE')8D?@C)9&/2ZP:GCA]B;.'%(?,Y$R2N9L$U"J0&7F226!$,A);PZ=T:N MNUUO`SH,0^=XY;M^^JG\61'GG;%B\.9DP#AQ,9Z./Q*7?$OMXB@D+DU*#"/U MS^,UU'+70L\&4UMF@I#%6ZIP_;9'6J92K(J*+N#(J:3^G64JP M>W0;W?<]['.+1'ZH&R+RZ"-'<8-O?8H\3.ED4"W7^"';D=6Y!D!=FJOK;%!1&HG`+E=R!J7@!(VEE0F2YKN9ADI2L,BKS4 MY&S7NQ!FG0`5(5!,$"&34H(+DR&$QY9]NF#'B`#Q*)B+P+D5Y*OVWA8;A+!R M%E1>@JA]$:*&`Y++("K415V/MW%,,?J)ZP2_82>6&P.YJ"T&Z,#F9)#)@>"% M!EQCNI:+(RZ/J$*GQH$/5C[@(/@IC![".7:2B/C;TR39-F8X#.3M#BV2)WOR3BEGU8)>B: M*RN4!<0>)4`IB5XEJ-#(PI%0EE*';&)L'I-^]#:*Y3,@-2F[W!%"K%*F(@*( M*2)7T"Q_3)AH9U(:OA5D*`E?BJB@08$@EA-2:AY_/)8@Z)"IEK:,2(AJQ]8DC@-OE1 M$P1&$S$ZV7RTPW1.8=!F["1WH]"C_]&XTWLG8(&JZ=B)XR)CN5Z'0313"T:X.V04.BA(@'AUSZ`]ZIPR!DI469M+H.[9;67EDE3%K: M>:0O-@D[V/8EY%9,%0QBS-(['/,L7)%Z4A)$(FN3*$JX9<((!<%8&A6Z.G>8 M+"C.<.#*YM"%^9#;#8@&0V8I9HO1)8(T!+[TG:4?$$\-)Z1S9/.6=U'@X3CA M6VHTHV)S=9N,:9NI,J=,=<%8FY:`ZY2\G([.II?3Q70R1Z.K9P6^3@M5^LWW6*IVKN3H88K;'+-BDQ5)`&YX$\_HB M/DCC22'\N,%A@H$,UXQYVC4=S5C7,;FTPSMC(E6=PI+A@T$;NE#MIVLV!1)Z MXRBDP3(X=`E`V?R)2L/VR0D:Z/4S%"3B8.R6'J/H7(5,@T],E75@4*S45/2- MJ3-;I#%"8*V/TL,L#>IA<*&U8PG%E6SG/'X&[F)K![&L\(K-?:=/0`;OI3@M MY9I+0ZRC@W[D*RDU&3!LD0"3G/*3\+"W,"*CYQC=4X5#>NPA/?&`_8;^?O1Z M@#9D,)W0T+A#9YO>1;'_'_+^^/AP,!C0O_Q=SR(!EY1E2' MRC2UP%#0&*KJL!GO>0Z;>:F1H/%`I>N1G]F(#Y;'(,4GGJ](!(,]&+S1+7/L MN3H":V%JGP4I6'PS1*MU6_=:B_H<_,!CJ_5UC^-E5)SXVM8A/-:[A*\2L"[A MM1//8A:=[#'?Y1K';$..WM61:W;D..JR(O$E96I@AC?F6-4>9^%NOM"!>N4- M83N(M4PI):T=FJ>&6AR3)Q;KG!AZ;&HBE"<;P!DDOAUP5,QYZ!M%4Z,C`R2# M+C$\=?'.>66.4*X%$IED./P.N.]]`(6]U MPY\.=F73GTP8C%G2(6P<&L7%@'1K_++1@`;->VL_9#<'T%M&U69)JV633X99 M*+-*HP*&6V8X&]M+.(13D83&"SA`[/+*$DN2+7P/1); MDI,L2U&8G.%5%&,NMW`>%93X>O=[W!Z%WD[GT+&/ZL( M[,]J62W:YDR9E<_#:HWV,][H#H@66K*/9/X,2NEG(#5YDN_,6IV1,=!*&IPJ ME;;?E*20F[1OB((92JCQ22:("7M@=1M7.-TU$)G_7Y6Q.ITB@E>90BD+P#)? M(FAU6A`91%_#($,>1IT'%YTYB>\2$WKN!]M4NEZNU;))&,,LE"FD40%C<,QP MUAG&I)A[F\FA@'9JQ28C&,S[@/W;.P)N=$^Z]EM\M:6;E6:KQGJN9MZN?3(V MN;EO)LMD;9L&&/;N";Q.YSP9Y/!TD)LMY3<6\3]YVE`2[*@VBF(1:^&-"G,G M>M\Y.Q2@M(8,AN4JEOP7]#P4"?GK0ITF8`H514P6"EWT4:G=A:+JXD\[ M"SK=L#M`2+W&J]W#H):684WKXM23CV=/[Q/L3<,B?F+DIJ2C9L<<:/87[)&0Y06H M/3-:Z]U;I@*&Q'M#%P[%.)MI$:-=[-TN">6<+9SAF=U.S."0"C$\V(N-(^_? MVRSZ8A'=8%I+?H`K.5E$SV-D7N93=@^3>[G"JAX_]_S?`6/*7C!SS2/NBD^A M-$)Q_C$49IX2?\%N=.QWY#>Z2S_,+FIBBW3P[K)H9M;D/@3CDC-+ MK%M:M\FPFMXF*0&F>0OX1E=@P+S\PGSL_LF#?ZA>V:=Y8^`""MOA%CD`VD$' M#.J*KR.]9O-Y]>8L*:YV271_I:PZ<_J;9<7Z8(SP'J!%_/4R$<1.C=[CWEGK M]?IL5P6#7-QM!]WXYN!#M"R6@J,5XF#^-ZL5X))(.^`M*A73RPI,JM/BNLEV MLPG8G+L3Y-/TTW`5Q6NVQTBWA&*J;74UI5V6*@LK9JI@>I5V>!O++25MSM85 MT4>>G[A!E&QC0+XKW\]&;UJ0.CEE$;M^9A-I7/JM,/9<&ZH(ET6*%1WQPD"<3^>1J M,5I,9U:8H3,Z+$=8"/Z9G@?Q:KU8IV+UW2Q^0XN;T=5\-*:\_>0;.66])GZX MCJ.0-"D7YS?)YMMHL3=Z<&(OD7%QGP3L]:7[9&S7K;;1[IR(>T,6\G!,>'@U M^4#,YNQJ]OYJ/'E'C&=VM7F=)7'57+GB=TPJD&.3;YP;X3 M@XBL%Y\!_[\X.Q(.3[K(M>3`OR^I_E=\Q\L."-HAR8^7S#I;_@%4^L)A;CX8 MSD-"Z#1VHMCS0R=^XJ=8'")B;@@94U(R`3&UL550)``/L?;).['VR3G5X"P`!!"4.```$ M.0$``.U=7W/B.!)_OZK[#K[LP]T]$$(RL[/)SMR6PY\=:AA@@>SL/J4<6X!O MC<3*=D+NTU_+QL2`9?5@O/>$34=PG^=-8X MOS@S$+:)X^+9I[.[<OB*?G1Z%L+=&/\C#"B5D#HC\:OEA?"DU]^Z^(`GMF!^XC@:?S6 M&^/JO&$9M9I$FV,24AMM&NS8KGW?N/AS]4"]\]44WM2R`GA^>=%HU!L7]B+-I&3YU<^A3DOCNC1^)UR.V%40>('R-P:5@_ZLE9#7V MJ-:XK%TUSE>^`&SPPINH@$!>&CEN8433^=,;X:`_WB^NJ"O>X[&=[@>0G>[+N+I0?&J)>0 M\-;RF"7'H\"U+:^00)F/`V+_,2>>`]U2^\\0?*:(F!+-'%ENRY]W//)4R)A[ M3,?P/]^%EH<4^?`.J>#,83E+.D(IB[21)_$R9?L>/-AB0:L`809\GI_G@ M!RPI21KRK`?D1.WBJ`2!290+."^(U)),U^J979L[14:>TAHBX!%1PVW1*8?8=6TOY76MH_ M4V\50)@@C<,DZGC6C`/`#HVDX=]I9?A,/548O!E2IF/']6%Z]#NR:+[S\\DE M87BO%0PB[=4-P=^0YWW!Y`F/D>43C)RN[X>(Y@[%7!Y);+[7"ALI.Z@#Z%?B MA6!"^MQQ/9@1YP*S1RL)R`<-`>'HK3!9C6-XA):$!BZ>Q4N=^3DKAT42EA\T MA"7?"NK0B;RD"5WJC-#\B<0.I206UQIBD:FSP@`ABP6)E^^B%15_$`;1M@>X M27Z8Y#)*S_,T1$C&)"KG(7%"$F?E'7C&Z\YRZ&7AT6L>+C2`>E18FBB/28I: M%A$]I^@^]ILRY[:=2,S38!_'UK]LQ^LVV,/[?;DW&I M==BT`TTM_R'"(O1K,\M:QEZ$O,!/GNRZT_KQ_4:HP;3C8E#!!6\GOBNQ;"O' M>G!PE-?-]'T`0Z#%+I'*Q=LB8&Q-XC,5/68/=2@(ZZQ0"HL]6J4+N1S;[EF? MHZ$>(+!=2>AOV2^V8_IH>='.5M"T*'V&5".JQN"MM,CQ*EWV%8-4R`)Z@+;E M5S(1HW@)LF"D9!@;Q)TB^-#IQ5IRA8HD"DA@>1&E4I@&P1S16+,^P78N7!Q: MI/<(L);5<1I?'H'8:6AB`;/"T3OM,VR8A9J6'S]:#AT!/>$)#Z$CV%.!U MG45:D`6TFJWG0P`M82@]$)8&\A"\JMDJ/6X`OI5ADRT(NT%2>-@DF.VA(!A6 M$"^[R>60A;B:#;Y#()8PA'8A*(X]>42JV4\Z4M"]E6@KG)8>(1&]K&:=JFPB M>BJI9VJG+'>U:H],%I9JTLSBG5Z6DGI`8#I.Y$[@6);K=''36KH0QBFA>5FD M!*,L3-4DCP7316E#Z`'<"`66BY'3MBB&4=2'Y#9Z3C?%$&5<)=>_Y.&M)K4OG3KF M&N&H8"O;_L\^Z;FI!;C*K04P_K7%_N^_:@/>3.9_NGE_L6!\1/2!^$A]WYM* MR""H!C2RE1-EUD-$HX([\32"SZETR[OTQ$)DB4,S'\[YT'2EX\O+Q>;?(E9Z MMJFTQ3/TU2.]W*L^-<-@3JC[OY8/0ZEU0?ET>%HKBE$T;$3:7@2:J6' MH@Z$9EMC36$1E[(?I8B]FA*0`P&2JUE_S71<<+W))A5_MY.*CR?FI/VUW8>Q?*U M5TN$?23018)/91(N`"8=/=(6T*.CZ^)'Y$?;<+&PT?UB\(3K M*Q5R%BZ.KLUAMR[F1Y^02VD>*#8]*:"*3FCUT,SR.HA?HO'RN=(C\840V%-* M#UOOZ2#;5RD^:UW(]EPE3WW$B7OJ'O']#E@GKKL*0<^7:=0MFA**8KJ)M4+^ M5Q<3&AWDC!,DZ!*V6XGGE%]1,"?.2U;%\XM7E4#MZ>1"+J<`F;?AS&"*M7UO M8+-R,+:#6'[`I,,\M:J*+M4;EX*AT_U63,I6U(9GL_]S>VQT^_#!H/GE\Z#7:H_&_S3:O]QU)[_K4>M3HC1&BE=IM<]: MP@D[WB528TTDBJT]1ZUB8ZX`*MO5/=NZI`_!ZH`#Q";JPI^\["^+4"<\MOPH MT_`IP3?KYIH8/W:?)EDL"8[.5ZU<(0[9/*<%2;8.FRHMM>CL"-=C6UEUMBHOH"B&)57L\!6Q]$9KV':HZ9"=C>]%^P^D,./>7VESG)3WF,)F/TFNUL:.^SSI@S"D" M7L578!0<=BJ$4-F:]=[74&Y6J+_/7Z$VQY^-3F_P39>:]]02Z$8I^?7H#!:U MXP\3:$@)&RV=V^<['\$D;K,-:;+O;8Y/20O*X4LTI,DA52Z(.T-:24/I,>Y5 MEVA4/-62Q^>()0[:G!+-["^_B+_4:C=&>/N;A9I0NP[P M6HY4QJQZ="KZ?!],137S:EU`_+4R)[RM4;GO%%E(K&;_2BOO>6,+S.%RZ46S M1,M+9HDY7P"XN[(GRZWV:OO7\I^"QM1C[$G.HK$"%NZD)DVB]HQ(41L3GAIZ M8;`Y(I@+PPZ5VF\3.`B)3'T5'S)@1Q_\P728:FY_N^:#43-:KF][Q`\IBJX+ M'7>CK9KAJ#UN]R?1#46E-F@X1U'Z)$#0/VUNDWS95Q)>TB-F5.CT:W.OEP#X M%W5ET*G<.Y&'8_=83::RBGU^A*+;MH>0RCY/J(5]D#_[;JX?=AU_U.Z9DW;+ M&)JCR>_&9&3VQV8SNI[K+^^7J:Z$,#LMXSQ9W/4 M9J,-A)SYS1RUWGB8\025,+(H<@JV<7JQ4\I(A:)G_0G[\0!MPI/_`U!+`P04 M````"``P/6,_[H3`06L%``"C'```$0`<`&9C:6,M,C`Q,3`Y,S`N>'-D550) M``/L?;).['VR3G5X"P`!!"4.```$.0$``.59W9/:-A!_;F?Z/ZA^:?M@C(]< M4@@DXP.38TK,!7--\I31V0(T,1)GR8'[[[N2;;[M@^O=3*?PP)C]TNY/J[5V M:;Y?SB+T@\2"@=Z_^^5G!)_FKZ:)NI1$ M80-U>&#VV)B_11Z>D0;Z0!B)L>3Q6_0WCA*@?/K28Q)H@:0_"%#391JH5K$Q M,LTC;/H\B0.R,M@-:/#-KMXO[^*HLAS#2ATL@7Y1M6W+KEH7KT;V9>-5K7'Y MYDC[$LM$K.Q7E]7LDZHW13`E,XP`)"9:QE3*><.R%HM%95&K\'AB752KMO7E M8]_7,B$Q"[;D M0[E2V!2^M%+FEB@]*/HZ%:6Y:$AVY`0)*A/^PP*&I?;"K-IFS<[%$V%.,)ZO M5,98W&G3&>.`"N.,);/#@88RMN3#G%@@9((4B6FPTGM<:5L!7%!D<=`YS3G@ M7;?=:Z\5("W"?X(B.*0D-)'$\(5*E MH)CC@)3:RK,8,\8A6^$`911%F\\I9#,0?FJJ5&G$/"(C\!JIA]MA;]^R8EAP M#!+EG\-"ETDJ']29B&?:NH%HV#)*)=1ZL+I>,21CRJAV"XZ-C4R4JVX^8A:B MU`[:,-2T=DUL&$X$"0?LG7Z>QT2`&:W4!T*FF(D4*`4X"I+H-)VU*P=5,D*. M\LFX7^%(G4Y_2H@4*=#;I&)D+P!.5:U(!NV5TW>\MHO\:]<=^>>-Y`V.(:8I MD10\/0#K-K\8XUHIQNCW+3M_G!WF*VC$8#R8JW<]K)2E<0&O&.M7.UC[(V?D M?G0]P'G018,;=^B,>@,/4+]E.`FI).%Y(]Z>8C8AHL=\R8/O4QZ%<)UR[Q.H MJ?M;4"97I7O2OG:\#ZZ/>AXP!NV_K@?]CCOT?T/NI]O>Z.MY;PX6TV[$ M%P=.PYI5#/SK"[G%./^YB_/0[4-6 M=]"-,QQ]1:.AX_E.6]?XLP/;(XN;F#.>P!5%EPFX9OM3N%U`*I/06>`XS(`_ M2K)X$^J[F^"YGR'/!][@%BXV:85QO`[<<)RAJTX"[(_SV1EV_D=[HKY4#STD M8Z1[[X;JZUJ&H+-YI#IE39O&9-PRU#:9JOFJUFO5;Q!:!3J^7$29+NF]]<[N MHI$MG)O`<;!G96\V`$8X7*$DA>8S=SXW`"V44M^L=4BM`^EB/4?($;X[-610 M(=$+QMI7]I\U2,B^4X/<2=@7"K6]7N59`X:C+MK!;9##<;;ECK MZ4;V>W<"TH3`>2P1VQNDE$W&TIE>GP?:5(F*^F7F>J8BF?:%6;,K2Q&N/3W% MB34,ISF1ZSW!B?)Y5H$;VH6#8SJ+1%*L;)EK6\?Z4SHO+'-G5T<]/&']TN'C MT^%0E"=X<\1@\YA,V=3T4D65*G65*O;K?^G,TQQYS(ML0JHO.6J>^JULXNC< M":G^1C"TU^73R;4LSIY:AHP3.'.,1O"N4G4G_:V'Z0TH492'(UU)PR3.^HJT MLJ828(6R20^Z,R4%0"1@F,I$27Z(>3+/!:$OFY6%V.:S&4];(1S5=P6P!1T:)5*-M=,X]LE/ MQ5W=<\4S..IQ2<2(=RD#7"B.UNWY;F(=(_F?2ZMC>H016F)2B<' MF?Z%TY"YC9,";5IIM8''?P!02P$"'@,4````"``P/6,_U;JQ8(\5``!MM0`` M$0`8```````!````I($`````9F-I8RTR,#$Q,#DS,"YX;6Q55`4``^Q]LDYU M>`L``00E#@``!#D!``!02P$"'@,4````"``P/6,_AU[,7E0&``#R,P``%0`8 M```````!````I(':%0``9F-I8RTR,#$Q,#DS,%]C86PN>&UL550%``/L?;). M=7@+``$$)0X```0Y`0``4$L!`AX#%`````@`,#UC/Z90!E*"!0``4R0``!4` M&````````0```*2!?1P``&9C:6,M,C`Q,3`Y,S!?9&5F+GAM;%54!0`#['VR M3G5X"P`!!"4.```$.0$``%!+`0(>`Q0````(`#`]8S\W<8,4QA```/74```5 M`!@```````$```"D@4XB``!F8VEC+3(P,3$P.3,P7VQA8BYX;6Q55`4``^Q] MLDYU>`L``00E#@``!#D!``!02P$"'@,4````"``P/6,_>`%F$Q@,``!9FP`` M%0`8```````!````I(%C,P``9F-I8RTR,#$Q,#DS,%]P&UL550%``/L M?;).=7@+``$$)0X```0Y`0``4$L!`AX#%`````@`,#UC/^Z$P$%K!0``HQP` M`!$`&````````0```*2!RC\``&9C:6,M,C`Q,3`Y,S`N>'-D550%``/L?;). E=7@+``$$)0X```0Y`0``4$L%!@`````&``8`&@(``(!%```````` ` end XML 22 R2.htm IDEA: XBRL DOCUMENT v2.3.0.15
BALANCE SHEETS (USD $)
In Thousands
Sep. 30, 2011
Mar. 31, 2011
ASSETS  
Cash and cash equivalents$ 144$ 179
Total current assets144179
Other assets11
TOTAL ASSETS145180
LIABILITIES AND STOCKHOLDERS' EQUITY  
Accounts payable and other accrued expenses812
Total current liabilities812
Commitments and contingencies  
TOTAL LIABILITIES812
Stockholders' equity:  
Common stock, no par value, stated value $.50 per share,authorized 22,000,000 shares, issued and outstanding 1,561,022 shares at September 30, 2011 and March 31, 2011781781
Additional paid-in capital8,0358,035
Accumulated deficit(8,679)(8,648)
Total stockholders' equity137168
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$ 145$ 180
XML 23 FilingSummary.xml IDEA: XBRL DOCUMENT 2.3.0.15 Html 33 51 1 false 3 0 false 3 true false R1.htm 0001 - Document - Document and Entity Information Sheet http://fcic.com/role/DocumentAndEntityInformation Document and Entity Information false false R2.htm 0002 - Statement - BALANCE SHEETS Sheet http://fcic.com/role/BalanceSheets BALANCE SHEETS false false R3.htm 0003 - Statement - BALANCE SHEETS (Parenthetical) Sheet http://fcic.com/role/BalanceSheetsParenthetical BALANCE SHEETS (Parenthetical) false false R4.htm 0004 - Statement - STATEMENTS OF OPERATIONS (Unaudited) Sheet http://fcic.com/role/StatementsOfOperations STATEMENTS OF OPERATIONS (Unaudited) false false R5.htm 0005 - Statement - STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY Sheet http://fcic.com/role/StatementsOfChangesInStockholdersEquity STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY false false R6.htm 0006 - Statement - STATEMENTS OF CASH FLOWS (Unaudited) Sheet http://fcic.com/role/StatementsOfCashFlows STATEMENTS OF CASH FLOWS (Unaudited) false false R7.htm 0007 - Disclosure - BASIS OF PRESENTATION Sheet http://fcic.com/role/BasisOfPresentation BASIS OF PRESENTATION false false R8.htm 0008 - Disclosure - RELATED PARTY TRANSACTIONS Sheet http://fcic.com/role/RelatedPartyTransactions RELATED PARTY TRANSACTIONS false false R9.htm 0009 - Disclosure - NEW PRONOUNCEMENTS AND SHARE BASED AWARDS Sheet http://fcic.com/role/NewPronouncementsAndShareBasedAwards NEW PRONOUNCEMENTS AND SHARE BASED AWARDS false false All Reports Book All Reports Process Flow-Through: 0002 - Statement - BALANCE SHEETS Process Flow-Through: Removing column 'Sep. 30, 2010' Process Flow-Through: Removing column 'Mar. 31, 2010' Process Flow-Through: Removing column 'Mar. 31, 2009' Process Flow-Through: 0003 - Statement - BALANCE SHEETS (Parenthetical) Process Flow-Through: 0004 - Statement - STATEMENTS OF OPERATIONS (Unaudited) Process Flow-Through: Removing column '12 Months Ended Mar. 31, 2011' Process Flow-Through: Removing column '12 Months Ended Mar. 31, 2010' Process Flow-Through: 0006 - Statement - STATEMENTS OF CASH FLOWS (Unaudited) Process Flow-Through: Removing column '3 Months Ended Sep. 30, 2011' Process Flow-Through: Removing column '3 Months Ended Sep. 30, 2010' Process Flow-Through: Removing column '12 Months Ended Mar. 31, 2011' Process Flow-Through: Removing column '12 Months Ended Mar. 31, 2010' fcic-20110930.xml fcic-20110930.xsd fcic-20110930_cal.xml fcic-20110930_def.xml fcic-20110930_lab.xml fcic-20110930_pre.xml true true EXCEL 24 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`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`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'0^ M665S/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$2!#;VUM;VX@4W1O8VLL(%-H87)E'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA M'!E;G-E'0^)FYB'0^)FYB3H\+W-TF5D M(#(R+#`P,"PP,#`@7!E.B!T97AT+VAT M;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@ M("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$ M)W1E>'0O:'1M;#L@8VAA'0O:F%V87-C M3X-"B`@("`\=&%B;&4@ M8VQA"!E>'!E;G-E M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XF;F)S<#L\7!E.B!T97AT M+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^ M#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT M/3-$)W1E>'0O:'1M;#L@8VAA'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'0^)FYB M'0^)FYB'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`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`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`P,"!T;R!-2`Q+"`R,#`V+"!T:&4@0F]A7!E M.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@ M/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C M;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0M86QI9VXZ(&IU6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE2<^ M/&(^)B,Q-C`[/"]B/CPO<#X-"@T*/'`@2<^26X@2F%N=6%R>28C,38P.S(P,3`L('1H M92!&05-"(&ES2!A;F0@16%R;FEN9R!097(-"E-H87)E*2X@ M5&AE($-O;7!A;GD@:7,@8W5R28C,30V.W,@9FEN86YC M:6%L('-T871E;65N=',N/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,G!T M(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E'0M86QI9VXZ(&IU'0M:6YD96YT.B`P+C5I;B<^)B,Q-C`[ M/"]P/@T*#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA M;BP@5&EM97,L(%-E2!H87,@:6UP;&5M96YT960@86QL(&YE=R!A M8V-O=6YT:6YG#0IP6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$ M)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^5&AE($-O;7!A;GD@9F]L M;&]W&-L M=61I;F<@=&AE(&5F9F5C=',@;V8@86YY('!O=&5N=&EA;&QY(&1I;'5T:79E M('-E8W5R:71I97,N($1I;'5T960@15!3(')E9FQE8W1S('1H92!P;W1E;G1I M86P@9&EL=71I;VX@=&AA=`T*8V]U;&0@;V-C=7(@:68@6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2<^0F%S:6,@86YD(&1I;'5T960@;&]S6QE/3-$)W9E2<^)B,Q-C`[/"]T9#X-"B`@("`\=&0@ M6]U="UG'0M86QI M9VXZ(&IU6QE/3-$)W=I M9'1H.B`Q,R4[(&)O'0@,7!T('-O;&ED M.R!T86(M6]U="UG'0M86QI9VXZ(&-E;G1E M6]U="UG'0M86QI9VXZ(&IU6QE M/3-$)W1A8BUS=&]P6]U="UG'0M86QI9VXZ(&IU6QE M/3-$)W1A8BUS=&]P6QE/3-$)W1A8BUS=&]P2<^5V5I9VAT960@ M879E6QE/3-$)V)O'0@,2XU<'0@9&]U8FQE.R!T86(M6QE/3-$)V)O'0@,2XU M<'0@9&]U8FQE.R!T86(M6QE/3-$)V9O;G0Z(#$P<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE2!A9&]P=&5D M("8C,30W.SQI/E-H87)E+4)A6UE;G0\+VD^)B,Q-#@[#0I&05-" M($%30R`W,3@@*&9O'!E;G-E(&9O65E#0IS=&]C M:R!O<'1I;VYS+"!T;R!B92!R96-O9VYI>F5D(&EN('1H92!I;F-O;64@2P@=&AI M2!A9&]P=&5D('1H92!M;V1I9FEE9`T*<')OF5D(&)E9VEN;FEN9R!W:71H('1H92!E9F9E8W1I=F4@9&%T92X@ M5&AE(&UO9&EF:65D('!R;W-P96-T:79E(&UE=&AO9`T*2!D;V5S(&YO="!E>'!E8W0@=&\@2!S:6=N M:69I8V%N="!E>'!E;G-E2!O=71S=&%N9&EN9RX-"DAO=V5V97(L('1H92!A;6]U;G0@;V8@ M97AP96YS92!R96-O6QE M/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE7!E.B!T97AT+VAT;6P[(&-H87)S970] M(G5S+6%S8VEI(@T*#0H\>&UL('AM;&YS.F\],T0B=7)N.G-C:&5M87,M;6EC M&UL/@T*+2TM+2TM/5].97AT4&%R=%\R-V)A D,C(S,U\R,&(S7S1E,3E?86(W95\X8V0T864Q8F9B.30M+0T* ` end