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Line of Credit
6 Months Ended
Mar. 31, 2013
Line of Credit  
Line of Credit

Note I — Line of Credit

 

The Company has a credit facility with RBC Wealth Management (“RBC”). The credit facility consists of a revolving line of credit of up to $5,000,000 with interest accruing monthly at a variable rate of 1.375% as of March 31, 2013.  The borrowings, of which all are available under this credit facility, are limited to the value of eligible assets held with RBC.  As of March 31, 2013 and September 30, 2012, the Company had no outstanding balance under the revolving line of credit.