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Note 12 - Subsequent Events
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3 Months Ended |
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Mar. 31, 2013
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| Notes | |
| Note 12 - Subsequent Events |
Note 12 Subsequent Events
The Company is holding certain property for sale (see Note 4). In April 2013, the Companys board has approved a sales price that contemplates a loss of approximately $148,000 on this transaction. The Company is incurring a loss in order to facilitate an immediate cash transaction. |
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- Details
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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