Item 3.01 Notice of Deslisting or Failure to Satisfy a Continued Listing Rule or Standard

On October 5, 2012, the Company received notice from the American Stock Exchange indicating that the Company no longer complies with the Exchange's continued listing standards because the aggregate market value of its public float was less than $1.0 million for 90 consecutive days as set forth in Section 1003(b)(i)(C) of the Exchange's Company Guide and because it has yet to file its Form 10-Q for the quarter ended June 30, 2012 as set forth in Sections 134 and 1101 of the Company Guide. As a result, the Company's securities are subject to being delisted from the Exchange. The Company intends to appeal this determination and request a hearing before a committee of the Exchange. There can be no assurance that the Company's request for continued listing will be granted.

Item 5.07 Submission of Matters to a Vote of Securityholders.

On September 27, 2012, the Company held its annual meeting of stockholders. Directors Robert Davis and John Bohn were each re-elected to the Board. Preliminary voting results are as follows:

Nominee For Against Withheld

Robert Davis 3,544,597 0 0
John Bohn 3,544,597 0 0

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