Annual report pursuant to section 13 and 15(d)

9. Recent Accounting Pronouncements

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9. Recent Accounting Pronouncements
12 Months Ended
Dec. 31, 2012
Recent Accounting Pronouncements  
Recent Accounting Pronouncements

The Company reviews all of the Financial Accounting Standard Board’s updates periodically to ensure the Company’s compliance of its accounting policies and disclosure requirements to the Codification Topics. The Company has determined there were no new accounting pronouncements issued during the twelve months ended December 31, 2012 and December 31, 20111 that the Company believes are applicable or would have a material impact on the consolidated financial statements of the Company.