NEW ACCOUNTING PRONOUNCEMENTS	6 Months Ended
Jun. 30, 2011
NEW ACCOUNTING PRONOUNCEMENTS	3. NEW ACCOUNTING PRONOUNCEMENTS The Company has reviewed the recently issued Accounting Standard Updates and have determined that none of the recent pronouncements are currently applicable to the Company and therefore they are not anticipated to have a material effect on the financial position or results of operations of the Company. For a listing of new accounting pronouncements previously disclosed, see Form 10-K for the year ended December 31, 2010.

NEW ACCOUNTING PRONOUNCEMENTS

6 Months Ended

Jun. 30, 2011

3. NEW ACCOUNTING PRONOUNCEMENTS

The Company has reviewed the recently issued Accounting Standard Updates and have determined that none of the recent pronouncements are currently applicable to the Company and therefore they are not anticipated to have a material effect on the financial position or results of operations of the Company. For a listing of new accounting pronouncements previously disclosed, see Form 10-K for the year ended December 31, 2010.

- Definition

The entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period.

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