Quarterly report pursuant to sections 13 or 15(d)

INCOME TAXES

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INCOME TAXES
 9 Months Ended
Sep. 30, 2011
INCOME TAXES [Abstract]  
INCOME TAXES
 
11. INCOME TAXES

The Company files an income tax return in the U.S. federal jurisdiction and Texas. Tax returns for the years 2007 through 2010 remain open for examination in various tax jurisdictions in which we operate.  The Internal Revenue Service previously audited the 2007 and 2009 returns with no change.  As of September 30, 2011, and December 31, 2010, we recognized no material adjustments in connection with uncertain tax positions.  The income tax rate differs from the statutory rates primarily due to Texas revised franchise tax, the domestic manufacturers' deduction, and various permanent items.

The income tax receivable of $216,461 at December 31, 2010 was received during 2011.