Exhibit 99.5

LOGO

ETABLISSEMENTS EMILE LLAU

INDEPENDENT AUDITORS REPORT

FOR THE YEAR ENDED DECEMBER 31, 2006

Société Anonyme au Capital de 208.000  - RCS Toulouse B 384 208 831

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|                                                                                |  |                            |  |                 
|------------------------------------------------------------------------------- |  | -------------------------- |  | ----------------
|Inscrite au Tableau de IOrdre des Experts-comptables de Toulouse Midi-Pyrénćes |  | Associés : Pierre dAgrain |  | pdagrain@exco.fr
|Membre de la Compagnie des Commissaires aux Comptes de Toulouse                 |  | Georgette Ségala           |  | gsegala@exco.fr 
|                                                                                |  |                           
|Bureau secondaire : 17, rue du Temple - 31250 Revel                             |  |                            |  |                 



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LOGO

To the Stockholders of ETABLISSEMENTS EMILE LLAU SAS:

We have audited the accompanying balance sheets of ETABLISSEMENTS EMILE LLAU SAS (the Company) as of December 31, 2006, 2005 and 2004, and the related statements of income for the years then ended,
all expressed in euros. These financial statements are the responsibility of the Companys management. Our responsibility is to express an opinion on the financial statements taken as a whole based on our audit.

We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the
audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also
includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, such financial statements present fairly, in all material respects, the financial position of ETABLISSEMENTS EMILE LLAU SAS as of December 31, 2006,
2005 and 2004, and the funds obtained and applied by them and the results of their operations for the years then ended, in conformity with accounting principles generally accepted in France.

Accounting principles generally accepted in France vary in certain significant respects from accounting principles generally accepted in the United States of America.
The application of the latter would have affected the determination of net income for years ended December 31, 2006, 2005 and 2004, and the determination of stockholders equity and financial position as of December 31, 2006, 2005 and
2004 to the extent summarized in Note 1.



| |  |                                    
| |  | -----------------------------------
| |  | Toulouse, July 16, 2007            
| | 
| |  | The Statutory Auditor              
| | 
| |  | LOGO                               
| |  | DAGRAIN & ASSOCIES Pierre dAgrain



- 2 -



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|                                            |  |           |  |              |  |            |  |            |  |           
|------------------------------------------- |  | --------- |  | ------------ |  | ---------- |  | ---------- |  | ----------
|                                            |  | Gross     |  | Prov. Deprec |  | 12/31/2006 |  | 12/31/2005 |  | 12/31/2004
|Suscripted but not demanded capital         |  |           |  |              |  |            |  |            |  |           
|                                            |  |           |  |              | 
|FIXED ASSETS                                |  |           |  |              |  |            |  |            |  |           
|Intangible assets                           |  |           |  |              |  |            |  |            |  |           
|Start-up expenses                           |  |           |  |              |  |            |  |            |  |           
|Research and Development costs              |  |           |  |              |  |            |  |            |  |           
|Allowances, Patents and other Rights        |  | 14,643    |  | 11,317       |  | 3,325      |  | 2,339      |  | 2,699     
|Goodwill                                    |  | 968,043   |  |              |  | 968,043    |  | 968,043    |  | 696,112   
|Other intangible assets                     |  |           |  |              |  |            |  |            |  |           
|Advanced payments of fixed assets           |  |           |  |              |  |            |  |            |  |           
|                                            |  |           |  |              | 
|Tangible fixed assets                       |  |           |  |              |  |            |  |            |  |           
|Lands                                       |  | 409,929   |  | 25,666       |  | 384,262    |  | 387,685    |  | 391,107   
|Other structures (Buildings)                |  | 2,499,048 |  | 1,397,952    |  | 1,101,095  |  | 960,513    |  | 949,256   
|Technical Facilities, Tools and Machinery   |  | 2,933,987 |  | 2,486,590    |  | 447,396    |  | 511,254    |  | 658,379   
|Other tangible fixed assets                 |  | 1,087,338 |  | 879,305      |  | 208,032    |  | 244,120    |  | 191,357   
|Work-in process fixed assets                |  |           |  |              |  |            |  |            |  |           
|Advanced Payments                           |  |           |  |              |  |            |  |            |  |           
|                                            |  |           |  |              | 
|Financial assets                            |  |           |  |              |  |            |  |            |  |           
|Other shareholdings                         |  | 143,279   |  |              |  | 143,279    |  | 143,279    |  | 143,279   
|Other financial securities                  |  |           |  |              |  |            |  |            |  |           
|Loans                                       |  | 15,379    |  |              |  | 15,379     |  | 23,583     |  | 31,388    
|Other financial assets                      |  | 8,077     |  |              |  | 8,077      |  | 6,637      |  | 6,637     
|                                            |  |           |  |              |  |            |  |            |  |           
|TOTAL                                       |  | 8,079,726 |  | 4,800,832    |  | 3,278,893  |  | 3,247,456  |  | 3,070,217 
|                                            |  |           |  |              |  |            |  |            |  |           
|                                            |  |           |  |              | 
|CURRENT ASSETS                              |  |           |  |              |  |            |  |            |  |           
|Stocks                                      |  |           |  |              |  |            |  |            |  |           
|Procurements in raw material                |  | 473,245   |  |              |  | 473,245    |  | 411,535    |  | 606,600   
|Work-in process inventories                 |  |           |  |              |  |            |  |            |  |           
|Work-in process services                    |  |           |  |              |  |            |  |            |  |           
|Finished and unfinished products            |  |           |  |              |  |            |  |            |  |           
|Inventories                                 |  |           |  |              |  |            |  |            |  |           
|                                            |  |           |  |              | 
|Advanced Payments spillage                  |  |           |  |              |  |            |  |            |  |           
|                                            |  |           |  |              | 
|Debtors                                     |  |           |  |              |  |            |  |            |  |           
|Customers, other accounts receivable        |  | 6,185,146 |  | 161,869      |  | 6,023,276  |  | 5,398,032  |  | 3,887,602 
|Other accounts receivable                   |  | 594,888   |  |              |  | 594,888    |  | 214,968    |  | 729,617   
|Subscripted and demanded Capital, not payed |  |           |  |              |  |            |  |            |  |           
|Others                                      |  |           |  |              |  |            |  |            |  |           
|Cash                                        |  | 1,170,534 |  |              |  | 1,170,534  |  | 581,473    |  | 924,859   
|Regularization account                      |  |           |  |              |  |            |  |            |  |           
|Advanced expenses                           |  | 26,456    |  |              |  | 26,456     |  | 39,405     |  | 15,156    
|                                            |  |           |  |              |  |            |  |            |  |           
|TOTAL                                       |  | 8,450,271 |  | 161,869      |  | 8,288,402  |  | 6,645,416  |  | 6,163,836 
|                                            |  |           |  |              |  |            |  |            |  |           
|TOTAL ASSETS                                |  | 6,529,997 |  | 4,962,702    |  | 11,567,295 |  | 9,892,872  |  | 9,234,054 
|                                            |  |           |  |              |  |            |  |            |  |           



---

|                                     |  |            |  |            |  |           
|------------------------------------ |  | ---------- |  | ---------- |  | ----------
|                                     |  | 12/31/2006 |  | 12/31/2005 |  | 12/31/2004
|OWN FUNDS                            |  |            |  |            |  |           
|Capital                              |  | 215,253    |  | 215,253    |  | 215,253   
|Additional paid-in capital           |  | 1,128,449  |  | 1,128,449  |  | 1,128,449 
|Appreciation Variation               |  |            |  |            |  |           
|Legal Reserves                       |  | 21,525     |  | 21,525     |  | 21,525    
|Statuary reserves                    |  |            |  |            |  |           
|Reglamentary reserves                |  |            |  |            |  |           
|Other reserves                       |  | 2,870,282  |  | 2,444,971  |  | 2,272,962 
|Result for the year (loss or income) |  | 821,113    |  | 425,311    |  | 172,009   
|Grant for Research                   |  | 11,527     |  | 18,083     |  | 24,638    
|                                     |  |            |  |            |  |           
|TOTAL                                |  | 5,068,151  |  | 4,253,592  |  | 3,834,836 
|                                     |  |            |  |            |  |           
|OTHER OWN FUNDS                      |  |            |  |            |  |           
|                                     |  |            | 
|TOTAL                                |  |            |  |            |  |           
|                                     |  |            | 
|PROVITION FOR RISK AND EXPENSES      |  |            |  |            |  |           
|Provision for risks                  |  |            |  | 108,655    |  |           
|Provision for expenses               |  |            |  |            |  |           
|TOTAL                                |  |            |  | 108,655    |  |           
|                                     |  |            |  |            |  |           
|DEBTS                                |  |            |  |            |  |           
|Debts with financial institutions    |  | 105,156    |  | 532,721    |  |           
|Other financial debts                |  |            |  | 41,343     |  | 14,869    
|Advanced Payments                    |  |            |  |            |  | 132       
|Suppliers                            |  | 5,604,499  |  | 3,828,433  |  | 3,180,631 
|Tax payables                         |  | 783,065    |  | 554,263    |  | 445,380   
|Fixed assets payables                |  | 5,259      |  | 573,863    |  | 1,358,204 
|Other debts                          |  | 1,162      |  |            |  | 400,000   
|                                     |  |            | 
|REGULARIZATING ACCOUNTS              |  |            |  |            |  |           
|Advanced revenues                    |  |            |  |            |  |           
|TOTAL                                |  | 6,499,143  |  | 5,530,624  |  | 5,399,217 
|                                     |  |            |  |            |  |           
|TOTAL CREDIT                         |  | 11,567,295 |  | 9,892,872  |  | 9,234,054 
|                                     |  |            |  |            |  |           



---

|                                                     |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|---------------------------------------------------- |  | ------------- |  | ------ |  | ------------- |  | ------ |  | ----------------------- |  | -------------------- |  | -------------
|                                                     |  | 2006          |  | %CA    |  | 2005          |  | %CA    |  | Variation Absolut value |  | Variation Percentage |  | 2004         
|Inventory-sales                                      |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|Good-sales                                           |  | 27,349,300.00 |  | 94.29  |  | 18,700,960.00 |  | 90.84  |  | 8,648,339.00            |  | 46.25                |  | 17,828,386.00
|Service-sales                                        |  | 1,656,189.00  |  | 5.71   |  | 1,885,910.00  |  | 9.16   |  | -229,721.00             |  | -12.18               |  | 1,975,913.00 
|                                                     |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|                                                     |  |               |  |        |  |               | 
|Business Ammount, net                                |  | 29,005,489.00 |  | 100.00 |  | 20,586,871.00 |  | 100.00 |  | 8,418,617.00            |  | 40.89                |  | 19,804,299.00
|                                                     |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|Production in stock                                  |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|Fixed production                                     |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|Operating subsidies                                  |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|Overgrant and depreciation transferred for the year  |  | 113,306.00    |  | 0.39   |  | 23,657.00     |  | 0.11   |  | 89,648.00               |  | 378.95               |  | 89,230.00    
|Other incomes (1)                                    |  | 27.00         |  |        |  | 36,211.00     |  | 0.18   |  | -36,184.00              |  | -99.92               |  | 54,477.00    
|                                                     |  |               |  |        |  |               | 
|Total Operating Revenues (2)                         |  | 29,118,822.00 |  | 100.39 |  | 20,646,740.00 |  | 100.29 |  | 8,472,082.00            |  | 41.03                |  | 19,948,006.00
|                                                     |  |               |  |        |  |               | 
|Inventory-purchase                                   |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|Variación existencias de mercaderias                 |  |               |  |        |  |               |  |        |  |                         |  |                      |  | 562,445.00   
|Raw material amd procurements purchase               |  | 18,653,011.00 |  | 64.31  |  | 11,657,488.00 |  | 56.63  |  | 6,995,522.00            |  | 60.01                |  | 11,439,079.00
|Variation of raw material and procurements stock     |  | -61,709.00    |  | -0.21  |  | 195,064.00    |  | 0.95   |  | -256,773.00             |  | -131.64              |  | -555,267.00  
|Other procurements and external expenses (3)         |  | 7,364,916.00  |  | 25.39  |  | 5,758,936.00  |  | 27.97  |  | 1,605,979.00            |  | 27.89                |  | 6,368,351.00 
|Taxes                                                |  | 257,310.00    |  | 0.89   |  | 265,227.00    |  | 1.29   |  | -7,916.00               |  | -2.98                |  | 144,610.00   
|Personnel expenses                                   |  | 952,750.00    |  | 3.28   |  | 1,080,634.00  |  | 5.25   |  | -127,883.00             |  | -11.83               |  | 914,420.00   
|Social Charges                                       |  | 452,925.00    |  | 1.56   |  | 539,997.00    |  | 2.62   |  | -87,071.00              |  | -16.12               |  | 465,933.00   
|Fixed depreciation and amortization expense          |  | 324,096.00    |  | 1.12   |  | 353,591.00    |  | 1.72   |  | -29,494.00              |  | 8.34                 |  | 388,607.00   
|                                                     |  |               |  |        |  |               | 
|Provition for Current assets expense                 |  | 16,480.00     |  | 0.06   |  | 69,040.00     |  | 0.34   |  | -52,559.00              |  | -76.13               |  | 55,219.00    
|Provition for risk and expense expenses              |  |               |  |        |  | 108,655.00    |  | 0.53   |  | -108,655.00             |  | -100.00              |  |              
|Other expenses                                       |  | 977.00        |  |        |  | 2,751.00      |  | 0.01   |  | -1,774.00               |  | -64.47               |  | 1,477.00     
|                                                     |  |               |  |        |  |               | 
|Total Operating Loss (4)                             |  | 27,960,759.00 |  | 96.40  |  | 2,031,386.00  |  | 97.30  |  | 7,929,372.00            |  | 39.58                |  | 19,774,878.00
|                                                     |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|                                                     |  |               |  |        |  |               | 
|INCOME FROM ORDINARY ACTIVITIES                      |  | 1,158,063.00  |  | 3.99   |  | 615,354.00    |  | 2.99   |  | 542,709.00              |  | 88.19                |  | 173,128.00   
|                                                     |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|Financial assets incomes (5)                         |  | 39,596.00     |  | 0.14   |  |               |  |        |  | 39,596.00               |  |                      |  |              
|Income from other financial assets (5)               |  |               |  |        |  | 1,354.00      |  | 0.01   |  | -1,354.00               |  | -100.00              |  | 1,733.00     
|Other interests and similar income (5)               |  | 28,455.00     |  | 0.10   |  |               |  |        |  | 28,455.00               |  |                      |  | 10,888.00    
|Exchange Income                                      |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|                                                     |  |               |  |        |  |               | 
|TOTAL FINANCIAL REVENUES                             |  | 68,051.00     |  | 0.23   |  | 1,354.00      |  | 0.01   |  | 66,697.00               |  | NS                   |  | 12,622.00    
|                                                     |  |               |  |        |  |               | 
|Depreciation and amortization financial expense      |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|Interests and similar expenses                       |  | 30,217.00     |  | 0.10   |  | 78,686.00     |  | 0.38   |  | -48,468.00              |  | -61.60               |  | 21,065.00    
|Exchange losses                                      |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|                                                     |  |               |  |        |  |               | 
|TOTAL FINANCIAL EXPENSES                             |  | 30,217.00     |  | 0.10   |  | 78,686.00     |  | 0.38   |  | -48,468.00              |  | -61.60               |  | 21,065.00    
|                                                     |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|                                                     |  |               |  |        |  |               | 
|FINANCIAL RESULT                                     |  | 37,833.00     |  | 0.13   |  | -77,332.00    |  | -0.38  |  | 115,165.00              |  | 148.92               |  | -8,443.00    
|                                                     |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|                                                     |  |               |  |        |  |               | 
|ORDINARY INCOME BEFORE TAXES                         |  | 1,195,896.00  |  | 4.12   |  | 538,021.00    |  | 2.61   |  | 657,875.00              |  | 122.28               |  | 164,685.00   
|                                                     |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|Extraordinary revenues in gestión operations         |  | 4,143.00      |  | 0.01   |  |               |  |        |  | 4,143.00                |  |                      |  | 119,223.00   
|Extraordinary revenues in capital operations         |  | 21,282.00     |  | 0.07   |  | 22,062.00     |  | 0.11   |  | -779.00                 |  | -3.53                |  | 17,191.00    
|Overprovision transferred for the year               |  | 8,260.00      |  | 0.03   |  |               |  |        |  | 8,260.00                |  |                      |  |              
|                                                     |  |               |  |        |  |               | 
|Total extraordinary revenues (7)                     |  | 33,686.00     |  | 0.12   |  | 22,062.00     |  | 0.11   |  | 11,624.00               |  | 52.69                |  | 136,415.00   
|                                                     |  |               |  |        |  |               | 
|Extraordinary expenses in gestión operations (6 bis) |  | 10,039.00     |  | 0.03   |  | 23,439.00     |  | 0.11   |  | -13,400.00              |  | -57.17               |  | 24,744.00    
|Extraordinary expenses in capital operations         |  | 1,596.00      |  | 0.01   |  | 11,337.00     |  | 0.06   |  | -9,740.00               |  | -85.91               |  | 5,272.00     
|Depreciation and amortization extraordinary expenses |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|                                                     |  |               |  |        |  |               | 
|Total extraordinary expenses (7)                     |  | 11,635.00     |  | 0.04   |  | 34,776.00     |  | 0.17   |  | -23,140.00              |  | -66.54               |  | 30,017.00    
|                                                     |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|                                                     |  |               |  |        |  |               | 
|EXTRAORDINARY RESULT                                 |  | 22,050.00     |  | 0.08   |  | -12,714.00    |  | -0.06  |  | 34,765.00               |  | 273.43               |  | 106,398.00   
|                                                     |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|Corporate income tax                                 |  | 396,834.00    |  | 1.37   |  | 99,996.00     |  | 0.49   |  | 296,838.00              |  | 296.85               |  | 99,074.00    
|                                                     |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|                                                     |  |               |  |        |  |               | 
|TOTAL REVENUES                                       |  | 29,220,560.00 |  | 100.74 |  | 20,670,157.00 |  | 100.40 |  | 8,550,403.00            |  | 41.37                |  | 20,097,043.00
|                                                     |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|TOTAL EXPENSES                                       |  | 28,399,446.00 |  | 97.91  |  | 20,244,845.00 |  | 98.34  |  | 8,154,601.00            |  | 40.28                |  | 19,925,034.00
|                                                     |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              
|                                                     |  |               |  |        |  |               | 
|RESULT FOR THE YEAR                                  |  | 821,113.00    |  | 2.83   |  | 425,311.00    |  | 2.07   |  | 395,802.00              |  | 93.06                |  | 172,009.00   
|                                                     |  |               |  |        |  |               |  |        |  |                         |  |                      |  |              



---

US reconciliation and US cash flow



|                                                                        |  |               |  |                       |  |                                |  |            |  |            |  |            |  |           
|----------------------------------------------------------------------- |  | ------------- |  | --------------------- |  | ------------------------------ |  | ---------- |  | ---------- |  | ---------- |  | ----------
|COMPANY EUROS                                                           |  | ETS. LLAU SAS |  |                       |  |                                |  |            |  |            |  |            |  |           
|                                                                        |  |               |  | NET INCOME YEAR ENDED |  | SHAREHOLDERS EQUITY YEAR ENDED
|INCOME STATEMENT                                                        |  |               |  |                       |  |                                |  |            |  |            |  |            |  |           
|                                                                        |  |               |  | 12/31/2006            |  | 12/31/2005                     |  | 12/31/2004 |  | 12/31/2006 |  | 12/31/2005 |  | 12/31/2004
|NET INCOME AS SHOWN IN THE FINANCIAL STATEMENTS                         |  |               |  | 821,113               |  | 425,311                        |  | 172,009    |  | 5,068,151  |  | 4,253,592  |  | 3,834,836 
|                                                                        |  |               |  |                       |  |                                | 
|ITEMS HAVING EFFECT OF INCREASING REPORTED INCOME GOODWILL AMORTIZATION |  |               |  | 0                     |  | 0                              |  | 0          |  | 0          |  | 0          |  | 0         
|                                                                        |  |               |  |                       |  |                                | 
|ITEMS HAVING EFFECT OF DECREASING REPORTED INCOME                       |  |               |  |                       |  |                                |  |            |  |            |  |            |  |           
|                                                                        |  |               |  |                       |  |                                |  |            |  |            |  |            |  |           
|                                                                        |  |               |  |                       |  |                                | 
|NET INCOME ACCORDING TO US GAAP                                         |  |               |  | 821,113               |  | 425,311                        |  | 172,009    |  | 5,068,151  |  | 4,253,592  |  | 3,834,836 
|                                                                        |  |               |  |                       |  |                                |  |            |  |            |  |            |  |           



---

ETS. LLAU SAS

CONSOLIDATED STATEMENTS OF CASH FLOWS



|  |  |       |  |  |  |  |  | 
|- |  | ----- |  |  |  |  |  | 
|0 |  | EUROS |  |  |  |  |  | 

|                                                                                    |  |                   |  |            |  |           
|----------------------------------------------------------------------------------- |  | ----------------- |  | ---------- |  | ----------
|                                                                                    |  | FOR THE 12 MONTHS
|                                                                                    |  | 12/31/2006        |  | 12/31/2005 |  | 12/31/2004
|OPERATING ACTIVITIES:                                                               |  |                   |  |            |  |           
|Net earnings                                                                        |  | 821,113           |  | 425,311    |  | 172,009   
|Adjustments to reconcile net earnings to net cash provided by operating activities: |  |                   |  |            |  |           
|Loss on sales of marketable securities                                              |  |                   |  |            |  |           
|Depreciation of property, plant and equipment                                       |  | 324,096           |  | 353,591    |  | 386,382   
|Amortization of other assets                                                        |  |                   |  |            |  |           
|(Gain) loss on sale of property, plant and equipment                                |  |                   |  |            |  |           
|Advances to & investments in subsidiaries                                           |  |                   |  |            |  |           
|Equity in net earnings                                                              |  |                   |  |            |  |           
|Deferred income taxes                                                               |  | 0                 |  | 0          |  | 0         
|Changes in assets and liabilities excluding the effects of acquisitions:            |  |                   |  |            |  |           
|Decrease/(increase) in marketable securities                                        |  | 0                 |  | 0          |  | 0         
|Decrease/(increase) in accounts receivable                                          |  | -1,005,164        |  | -995,781   |  | 496,062   
|Decrease/(increase) in inventories                                                  |  | -61,710           |  | 195,064    |  | 7,178     
|Decrease/(increase) in other current assets                                         |  | 0                 |  | 0          |  |           
|Decrease/(increase) in intercompany activities-us                                   |  | 0                 |  | 0          |  | 0         
|Decrease/(increase) in other assets                                                 |  |                   |  |            |  |           
|Decrease/(increase) in Goodwill/Step Up for Additional purchase price               |  | 0                 |  | 0          |  | 0         
|lncrease/(decrease) in accounts payable and accrued expenses                        |  | 968,519           |  | 131,407    |  | -1,683,974
|lncrease/(decrease) in other liabilities                                            |  | 0                 |  | 0          |  | 0         
|                                                                                    |  |                   |  |            |  |           
|Net cash provided by operating activities                                           |  | 1,046,854         |  | 109,592    |  | -622,343  
|                                                                                    |  |                   |  |            |  |           
|                                                                                    |  |                   | 
|CASH FLOWS FROM INVESTING ACTIVITIES:                                               |  |                   |  |            |  |           
|Proceeds from sale PPE                                                              |  |                   |  |            |  |           
|Proceeds from sale of marketable securities                                         |  |                   |  |            |  |           
|Business acquisitions net of cash acquired                                          |  | 0                 |  | 0          |  | 0         
|Capital expenditures                                                                |  | -457,793          |  | -452,978   |  | -342,412  
|FINANCIAL INVESTMENTS                                                               |  |                   |  | 0          |  | 289,992   
|Proceeds from sale of property, plant and equipment                                 |  |                   |  |            |  |           
|DIVIDENDS                                                                           |  |                   |  |            |  |           
|Decrease/(increase) in restricted cash                                              |  |                   |  |            |  |           
|                                                                                    |  |                   |  |            |  |           
|Net cash used in investing activities                                               |  | -457,793          |  | -452,978   |  | -52,420   
|                                                                                    |  |                   |  |            |  |           
|                                                                                    |  |                   | 
|CASH FLOWS FROM FINANCING ACTIVITIES:                                               |  |                   |  |            |  |           
|Repayment of long-term debt                                                         |  | 0                 |  | 0          |  | 0         
|Proceeds from long-term debt                                                        |  |                   |  |            |  |           
|Deferred Financing Fees                                                             |  |                   |  |            |  |           
|Purchase of treasury stock                                                          |  |                   |  |            |  |           
|                                                                                    |  |                   |  |            |  |           
|Net cash used in financing activities                                               |  | 0                 |  | 0          |  | 0         
|                                                                                    |  |                   |  |            |  |           
|                                                                                    |  |                   | 
|NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                                |  | 589,061           |  | -343,386   |  | -674,763  
|CASH AND CASH EQUIVALENTS, beginning of period                                      |  | 581,473           |  | 924,859    |  | 1,599,622 
|                                                                                    |  |                   |  |            |  |           
|CASH AND CASH EQUIVALENTS, end of period                                            |  | 1,170,534         |  | 581,473    |  | 924,859   
|                                                                                    |  |                   |  |            |  |