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NOTE 4 - COMPUTER SOFTWARE DEVELOPMENT FOR INTERNAL USE
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Jun. 30, 2012
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| NOTE 4 - COMPUTER SOFTWARE DEVELOPMENT FOR INTERNAL USE |
NOTE 4 – COMPUTER SOFTWARE DEVELOPED FOR INTERNAL USE
Version 3 of the Company’s “On Site Physical Inventory” (OSPI) product has been released. The Company has capitalized the cost of the OSPI software using FASB Accounting Standards Codifications 350-40 “Internal Use Software” as follows:
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