In order to reduce Registrant's administrative expenses, on March 12, 2009, the Board of Directors voted unanimously to authorize Registrant's President and Chief Executive Officer, Douglas P. Taylor, to use approximately $60,000 of Registrant's cash on hand to make an offer to purchase all, but not less than all, shares tendered by each and every shareholder who, on March 4, 2009, owns beneficially or of record fewer than 100 Shares ("Eligible Shareholders") (the "Offer") of Registrant's outstanding common stock, $.025 par value ("Shares"). Acceptance of the Registrant's odd lot tender offer by any shareholder is voluntary. Eligible Shareholders will be paid $3.00 per Share for every Share tendered, and will not be charged any broker's fees, commissions or other charges. The Offer will commence on March 16, 2009 and expire on April 17, 2009, unless extended for an additional period.

The Board of Directors and Management of the Registrant make no recommendation as to whether any Eligible Shareholder should accept the Offer.

Item 9.01 Financial Statements and Exhibits

    Exhibit Number                          Page in sequential numbering system
                                            where Exhibit is found

    (99) Press release dated March 12, 2009                  3