Item 8.01 Other Events

On August 3, 2012, the Company reported that it has received a notice from The Nasdaq Stock Market ("Nasdaq") confirming that the Company has regained compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market.

The Company had previously announced that it had received notice from Nasdaq on June 18, 2012 that it was not in compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market. The Company was provided with 180 days, or until December 17, 2012, to come into compliance with the rule. On August 2, 2012, Nasdaq confirmed to the Company that, as a result of the Company's common stock closing with a bid price of at least $1.00 for at least ten consecutive days, that the Company has come back into compliance with the rule and that the matter is now closed.

A copy of the Company's press release is Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release issued by the Company on August 3, 2012

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