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Note 11 - Capital Expenditure Commitments
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9 Months Ended |
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Jun. 30, 2012
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| Cost For Capital Commitments [Text Block] |
NOTE
11 – Capital Expenditure
Commitments
The
Company is expanding manufacturing capacity at its
Malaysian facility to an annualized rate of approximately
100 million units. The expansion, which
is expected to cost approximately $665,000, will be
completed by the end of calendar year 2012. As
of June 30, 2012, the Company has made purchase
commitments for the expansion project of approximately
$526,000. Deposits of $196,000 have been made
against the commitments as of June 30,
2012. The balance of approximately $330,000 is
scheduled to be paid by September 30,
2012. The Company expects to fund the
expansion with cash on hand.
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