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Note 1: Nature of Operations and Summary of Significant Accounting Policies: Stockholders' Equity (Policies)
12 Months Ended
Dec. 31, 2016
Policies  
Stockholders' Equity

Stockholders’ Equity

 

At the 2004 Annual Meeting of Stockholders, the Company’s stockholders approved the Company’s reincorporation to the State of Maryland.  This reincorporation was completed in June 2004.  Under Maryland law, there is no concept of “Treasury Shares.”  Instead, shares purchased by the Company constitute authorized but unissued shares under Maryland law.  Accounting principles generally accepted in the United States of America state that accounting for treasury stock shall conform to state law.  The cost of shares purchased by the Company has been allocated to common stock and retained earnings balances.