| UNITED STATES SECURITIES AND EXCHANGE COMMISSION |
|--------------------------------------------------|
| Washington, D.C. 20549                      |
| ________________                            |
| Form 10-Q                                        |

| (Mark One)                                                          |                                                                                            |                                 |
|--------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------|--------------------------------------|
| þ                                                                   | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.\  |                                 |
|                                                                     | For the quarterly period ended March 31, 2011                                              |                                 |
| o                                                                        | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.       |                                 |
|                                                                     |                                                                                            |                                 |
|                                                                     | For the transition period from ____ to _____                                                    |                                 |
|                                                                     |
| Commission file number:  1-16525                               |
|                                                                     |
| CVD EQUIPMENT CORPORATION                                           |
| (Name of Registrant  in Its Charter)                      |
|                                                                     | New York                                                                                        | 11-2621692                           |   |   |
|                                                                     | (State or Other Jurisdiction ofIncorporation or Organization)                              | (I.R.S. Employer Identification No.) |   |   |
|                                                                     | 1860 Smithtown AvenueRonkonkoma, New York  11779                                      |                                 |   |
|                                                                     | (Address including zip code of registrant’s Principal Executive Offices)             |                                 |   |
| (631) 981-7081(Registrant’s Telephone Number, Including Area Code) |
|                                                                     |

|   Large accelerated filer  o           | Accelerated filer   o              |
|------------------------------------------------------------|---------------------------------------------------|
|   Non-accelerated filer    o | Smaller reporting company   þ |

|   | Yes       No  þ |
|--------|---------------------------------------------------------------------------|

----

|             Item 1 - Financial Statements (Unaudited)                                                                                                                                    |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|             Consolidated Balance Sheets at March 31, 2011 (Unaudited) and December 31, 2010                                                                                              | 2      |
|             Consolidated Statements of Operations (Unaudited) for the three            months ended March 31, 2011 and 2010  | 3      |
|             Consolidated Statements of Cash Flows (Unaudited) for the three months            ended March 31, 2011 and 2010  | 4      |
|             Notes to Unaudited Consolidated Financial Statements                                                                                                                         | 5      |
|             Item 2 - Management's Discussion and Analysis of Financial Condition and Results of            Operations        | 12     |
|             Item 3 – Quantitative and Qualitative Disclosures About Market Risk                                                                                                    | 15     |
|             Item 4T - Controls and Procedures                                                                                                                                            | 15     |
| Part II - Other Information                                                                                                                                                                                                                          | 17     |
| Item 1 - Legal Proceedings                                                                                                                                                                                                                           | 17     |
| Item 2 – Unregistered Sales of Equity Securities and Use of Proceeds                                                                                                                                                                           | 17     |
| Item 3 – Defaults Upon Senior Securities                                                                                                                                                                                                       | 17     |
| Item 4 – (Removed and Reserved)                                                                                                                                                                                                                | 17     |
| Item 5 - Other Information                                                                                                                                                                                                                           | 17     |
| Item 6 - Exhibits and Reports Filed on Form 8-K                                                                                                                                                                                                      | 18     |
| Signatures                                                                                                                                                                                                                                           | 19     |
| Exhibit Index                                                                                                                                                                                                                                        | 20     |
| 31.1   Certification of Chief Executive Officer                                                                                                                                                                                       | 21     |
| 31.2   Certification of Chief Financial Officer                                                                                                                                                                                       | 22     |
| 32.1   Certification of Chief Executive Officer pursuant to U.S.C. Section 1350                                                                                                                                                       | 23     |
| 32.2   Certification of Chief Financial Officer pursuant to U.S.C. Section 1350                                                                                                                                                            | 24     |

----

|                                                                                   |   | March 31, 2011(Unaudited) |         |   | December 31, 2010* |   |
|----------------------------------------------------------------------------------------|--------|---------------------------|--------------|--------|--------------------|--------|
| ASSETS                                                                                 |   |                      |         |   |               |   |
| Current Assets:                                                                        |   |                      |         |   |               |   |
|      Cash and cash equivalents                                |   | $                         | 10,626,553   |   |               | $      | 6,249,090 |   |
|      Accounts receivable, net                                 |   |                      | 3,994,739    |   |               |   | 2,909,173 |   |
|      Cost and estimated earnings in excess                    |   |                      |         |   |               |   |   |   |
|         of billings on uncompleted contracts   |   |                      | 2,732,086    |   |               |   | 1,658,689 |   |
|      Inventories, net                                         |   |                      | 3,010,182    |   |               |   | 3,479,862 |   |
|      Idle inventories                                         |   |                      | 1,150,000    |   |               |   | 1,150,000 |   |
|      Deferred income taxes – current                    |   |                      | 250,728      |   |               |   | 232,481 |   |
|      Other current assets                                     |   |                      | 160,167      |   |               |   |  136,269 |   |
|                                                                                   |   |                      |         |   |               |   |   |   |
|      Total Current Assets                                     |   |                      | 21,924,455   |   |               |   | 15,815,564 |   |
|                                                                                   |   |                      |         |   |               |   |   |   |
|      Property, plant and equipment, net                       |   |                      | 7,508,089    |   |               |   | 7,554,317 |   |
|                                                                                   |   |                      |         |   |               |   |   |   |
|      Deferred income taxes – non-current                |   |                      | 758,263      |   |               |   | 780,288 |   |
|                                                                                   |   |                      |         |   |               |   |   |   |
|      Other assets                                             |   |                      | 126,671      |   |               |   | 157,661 |   |
|                                                                                   |   |                      |         |   |               |   |   |   |
|      Intangible assets, net                                   |   |                      |  56,238 |   |               |   |  58,310 |   |
|                                                                                   |   |                      |         |   |               |   |   |   |
|    Total Assets                                                         |   | $                         | 30,373,716   |   |               | $      | 24,366,140 |   |
|                                                                                   |   |                      |         |   |               |   |   |   |
| LIABILITIES AND STOCKHOLDERS’ EQUITY                                             |   |                      |         |   |               |   |   |   |
| Current Liabilities:                                                                   |   |                      |         |   |               |   |   |   |
|      Current maturities of long-term debt                     |   | $                         | 272,028      |   |               | $      | 372,387 |   |
|      Billings in excess of costs and estimated                |   |                      |         |   |               |   |   |   |
|         Earnings on uncompleted contracts      |   |                      | 6,737,192    |   |               |   | 2,323,691 |   |
|      Accounts payable and accrued expenses                    |   |                      | 2,682,327    |   |               |   | 1,788,930 |   |
|      Accrued professional fees – related party          |   |                      | 20,000       |   |               |   | 125,000 |   |
|      Deferred revenue                                         |   |                      | 499,149      |   |               |   | 100,373 |   |
|      Total Current Liabilities                                |   |                      | 10,210,696   |   |               |   | 4,710,381 |   |
|                                                                                   |   |                      |         |   |               |   |   |   |
| Long-term debt, net of current portion                                                 |   |                      | 3,191,492    |   |               |   | 3,396,446 |   |
|      Total Liabilities                                        |   |                      | 13,402,188   |   |               |   | 8,106,827 |   |
|                                                                                   |   |                      |         |   |               |   |   |   |
| Commitments and Contingencies                                                          |   |                      | -            |   |               |   | - |   |
|                                                                                   |   |                      |         |   |               |   |   |   |
| Stockholders’ Equity                                                             |   |                      |         |   |               |   |   |   |
|      Common stock - $0.01 par value – 10,000,000 shares |   |                      | 48,216       |   |               |   | 48,193 |   |
|      authorized; issued and outstanding, 4,821,575 at         |   |                      | 10,354,294   |   |               |   | 10,329,526 |   |
|      March 31, 2011 and 4,819,325 at December 31, 2010        |   |                      | 6,569,018    |   |               |   | 5,881,594 |   |
|      Additional paid-in-capital                               |   |                      | 16,971,528   |   |               |   | 16,259,313 |   |
|      Retained earnings                                        |   |                      |         |   |               |   |   |   |
|      Total Stockholders’ Equity                         |   | $                         | 30,373,716   |   |               | $      | 24,366,140 |   |
|                                                                                   |   |                      |         |   |               |   |   |   |

----

|                                                                                                                                      |   |  Three Months Ended          March 31, |         |
|-------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------|--------------|
|                                                                                                                                      |   | 2011                                                                                          |         |   |   | 2010 |   |
|                                                                                                                                      |   |                                                                                          |         |   |   |   |   |
| Revenue                                                                                                                                   |   | $                                                                                             | 6,205,700    |   |   |   | $ | 3,721,849 |   |
|                                                                                                                                      |   |                                                                                          |         |   |   |   |   |   |   |
| Cost of revenue                                                                                                                           |   |                                                                                          | 3,921,460    |   |   |   |   | 2,615,303 |   |
|                                                                                                                                      |   |                                                                                          |         |   |   |   |   |   |   |
| Gross profit                                                                                                                              |   |                                                                                          | 2,284,240    |   |   |   |   | 1,106,546 |   |
|                                                                                                                                      |   |                                                                                          |         |   |   |   |   |   |   |
| Operating expenses                                                                                                                        |   |                                                                                          |         |   |   |   |   |   |   |
|      Selling and shipping                                                                                        |   |                                                                                          | 286,519      |   |   |   |   | 211,655 |   |
|      General and administrative                                                                                  |   |                                                                                          | 1,100,767    |   |   |   |   | 933,183 |   |
|      Related party – professional fees                                                                     |   |                                                                                          | 20,000       |   |   |   |   | 15,000 |   |
| Total operating expenses                                                                                                                  |   |                                                                                          | 1,407,286    |   |   |   |   | 1,159,838 |   |
|                                                                                                                                      |   |                                                                                          |         |   |   |   |   |   |   |
| Operating income (loss)                                                                                                                   |   |                                                                                          | 876,954      |   |   |   |   | (53,292 | ) |
|                                                                                                                                      |   |                                                                                          |         |   |   |   |   |   |   |
| Other income (expense)                                                                                                                    |   |                                                                                          |         |   |   |   |   |   |   |
|      Interest income                                                                                             |   |                                                                                          | 3,335        |   |   |   |   | 2,372 |   |
|      Interest expense                                                                                            |   |                                                                                          | (53,732      | ) |   |   |   | (58,716 | ) |
|      Other income                                                                                                |   |                                                                                          |  84,404 |   |   |   |   |  5,725 |   |
| Total other income (expense)                                                                                                              |   |                                                                                          |  34,007 |   |   |   |   |  (50,619 | ) |
|                                                                                                                                      |   |                                                                                          |         |   |   |   |   |   |   |
| Income (loss) before income taxes                                                                                                         |   |                                                                                          | 910,961      |   |   |   |   | (103,911 | ) |
|                                                                                                                                      |   |                                                                                          |         |   |   |   |   |   |   |
| Income tax expense (benefit)                                                                                                              |   |                                                                                          | 223,537      |   |   |   |   | (13,482 | ) |
|                                                                                                                                      |   |                                                                                          |         |   |   |   |   |   |   |
| Net income (loss)                                                                                                                         |   | $                                                                                             | 687,424      |   |   |   | $ | (90,429 | ) |
|                                                                                                                                      |   |                                                                                          |         |   |   |   |   |   |   |
| Basic income (loss) per common share                                                                                                      |   | $                                                                                             | 0.14         |   |   |   | $ | (0.02 | ) |
|                                                                                                                                      |   |                                                                                          |         |   |   |   |   |   |   |
| Diluted income (loss) per common share                                                                                                    |   | $                                                                                             |  0.14   |   |   |   | $ | (0.02 | ) |
|                                                                                                                                      |   |                                                                                          |         |   |   |   |   |   |   |
| Weighted average common shares outstanding                                                                                                |   |                                                                                          |         |   |   |   |   |   |   |
| basic                       |   |                                                                                          | 4,821,125    |   |   |   |   | 4,775,575 |   |
|                                                                                                                                      |   |                                                                                          |         |   |   |   |   |   |   |
| Effect of potential common share issuance:                                                                                                |   |                                                                                          | 220,650      |   |   |   |   | -     |   |
|                                                                                                                                      |   |                                                                                          |         |   |   |   |   |   |   |
| Weighted average common shares outstanding                                                                                                |   |                                                                                          | 5,041,775    |   |   |   |   | 4,775,575 |   |
|                                                                                                                                      |   |                                                                                          |         |   |   |   |   |   |   |

----

|                                                                                    |   |  Three Months Ended March 31, |            |
|-----------------------------------------------------------------------------------------|--------|-----------------------------------------|-----------------|
|                                                                                    |   | 2011                                    |            |   |   | 2010 |   |
|                                                                                    |   |                                    |            |   |   |   |   |
| Cash flows from operating activities                                                    |   |                                    |            |   |   |   |   |
|      Net income (loss)                                         |   | $                                       | 687,424         |   |   |   | $ | (90,429 | ) |
|      Adjustments to reconcile net income (loss) to net cash    |   |                                    |            |   |   |   |   |   |   |
|      provided by (used in) operating activities:               |   |                                    |            |   |   |   |   |   |   |
|      Stock-based compensation expense                          |   |                                    | 68,828          |   |   |   |   | 43,826 |   |
|      Depreciation and amortization                             |   |                                    | 137,026         |   |   |   |   | 152,667 |   |
|      Deferred tax benefit                                      |   |                                    | 3,778           |   |   |   |   | (23,182 | ) |
|      Bad debt provision                                        |   |                                    | 487             |   |   |   |   | 1,424 |   |
|      Changes in operating assets and liabilities:              |   |                                    |            |   |   |   |   |   |   |
|      Accounts receivable                                       |   |                                    | (1,086,053      | ) |   |   |   | (996,871 | ) |
|       Cost in excess of billings on uncompleted contracts |   |                                    | (1,073,397      | ) |   |   |   | 318,407 |   |
|       Inventories, net                                    |   |                                    | 469,681         |   |   |   |   | (275,128 | ) |
|       Other current assets                                |   |                                    | (23,898         | ) |   |   |   | (55,298 | ) |
|      Increase (decrease) in operating liabilities              |   |                                    |            |   |   |   |   |   |   |
|      Billings in excess of costs and estimated earnings        |   |                                    |            |   |   |   |   |   |   |
|      on uncompleted contracts                                  |   |                                    | 4,413,501       |   |   |   |   | -  |   |
|      Accounts payable and accrued expenses                     |   |                                    | 788,395         |   |   |   |   | 49,843 |   |
|       Deferred revenue                                    |   |                                    |  398,776   |   |   |   |   |  (98,951 | ) |
|      Net cash provided by (used in) operating activities       |   |                                    |  4,784,548 |   |   |   |   | (973,692 | ) |
|                                                                                    |   |                                    |            |   |   |   |   |   |   |
| Cash flows from investing activities:                                                   |   |                                    |            |   |   |   |   |   |   |
|    Capital expenditures                                                  |   |                                    |  (57,733   | ) |   |   |   | (130,510 | ) |
| Net cash (used in) investing activities                                                 |   |                                    |  (57,733   | ) |   |   |   | (130,510 | ) |
|                                                                                    |   |                                    |            |   |   |   |   |   |   |
|                                                                                    |   |                                    |            |   |   |   |   |   |   |
| Cash flows from financing activities:                                                   |   |                                    |            |   |   |   |   |   |   |
|     Deferred offering costs                                         |   |                                    | (44,038         | ) |   |   |   | -  |   |
|     Payments of long-term debt                                      |   |                                    | (305,314        | ) |   |   |   | (90,484 | ) |
| Net cash (used in) financing activities                                                 |   |                                    | (349,352        | ) |   |   |   | (90,484 | ) |
|                                                                                    |   |                                    |            |   |   |   |   |   |   |
| Net increase (decrease) in cash and cash equivalents                                    |   |                                    | 4,377,463       |   |   |   |   | (1,194,686 | ) |
| Cash and cash equivalents at beginning of period                                        |   |                                    | 6,249,090       |   |   |   |   | 3,119,731 |   |
|                                                                                    |   |                                    |            |   |   |   |   |   |   |
| Cash and cash equivalents at end of period                                              |   | $                                       | 10,626,553      |   |   |   | $ | 1,925,045 |   |
|                                                                                    |   |                                    |            |   |   |   |   |   |   |
| Supplemental disclosure of cash flow information:                                       |   | $                                       | 305,100         |   |   |   | $ | 13,338 |   |
| Income taxes paid                                                                       |   | $                                       | 53,732          |   |   |   | $ | 58,716 |   |
|                                                                                    |   |                                    |            |   |   |   |   |   |   |

----

----

|                                    |   | March 31, 2011 |        |   | December 31, 2010 |   |
|-----------------------------------------|--------|----------------|-------------|--------|-------------------|--------|
|                                    |   | (Unaudited)    |        |   |              |   |
|                                    |   |           |        |   |              |   |
| Costs incurred on uncompleted contracts |   | $              | 3,463,893   |   |              | $      | 2,089,096 |   |
| Estimated earnings                      |   |           | 4,556,698   |   |              |   | 2,935,315 |   |
|                                    |   |           | 8,020,591   |   |              |   | 5,024,411 |   |
| Billings to date                        |   |           | (12,025,697 | )      |              |   | (5,689,413 | ) |
|                                    |   |           | (4,005,106  | )      |              |   | (665,002 | ) |

----

|                                                                        |   | March 31, 2011 |       |   | December 31, 2010 |   |
|-----------------------------------------------------------------------------|--------|----------------|------------|--------|-------------------|--------|
|                                                                        |   | (Unaudited)    |       |   |              |   |
|                                                                        |   |           |       |   |              |   |
| Included in accompanying balance sheets under the following captions:       |   |           |       |   |              |   |
|                                                                        |   |           |       |   |              |   |
| Cost and estimated earnings in excess of billings on uncompleted contracts  |   | $              | 2,732,086  |   |              | $      | 1,658,689 |   |
|                                                                        |   |           |       |   |              |   |   |   |
| Billings in excess of costs and estimated earnings on uncompleted contracts |   | $              | (6,737,192 | )      |              | $      | (2,323,691 | ) |
|                                                                        |   |           |       |   |              |   |   |   |

|                           |   | March 31, 2011 |      |   | December 31, 2010 |   |
|--------------------------------|--------|----------------|-----------|--------|-------------------|--------|
|                           |   | (Unaudited)    |      |   |              |   |
|                           |   |           |      |   |              |   |
| Raw materials                  |   | $              | 1,771,907 |   |              | $      | 2,010,820 |   |
| Work-in-process                |   |           | 1,346,001 |   |              |   | 1,388,516 |   |
| Finished goods                 |   |           | 92,274    |   |              |   | 180,526 |   |
|     Totals |   |           | 3,210,182 |   |              |   | 3,579,862 |   |
| Less: Reserve for obsolescence |   |           | (200,000  | )      |              |   | (100,000 | ) |
|                           |   | $              | 3,010,182 |   |              | $      | 3,479,862 |   |

----

|              |   | March 31, 2011 |      |   |  December 31, 2010 |   |
|-------------------|--------|----------------|-----------|--------|-------------------------|--------|
| Description       |   | Level (1)      |      |   | Level (2)               |   |   | Level (3) |   |   | Total |   |   | Level (1) |   |   | Level (2) |   |   | Level (3) |   |   | Total |   |
| Assets:           |   |           |      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash equivalents  |   | $              | 4,081,453 |   |                    | $      | --- |   |   | $ | --- |   |   | $ | 4,081,453 |   |   | $ | 3,371,346 |   |   | $ | --- |   |   | $ | --- |   |   | $ | 3,371,346 |   |
|              |   |           |      |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total Liabilities |   | $              | ---       |   |                    | $      | --- |   |   | $ | --- |   |   | $ | --- |   |   | $ | --- |   |   | $ | --- |   |   | $ | --- |   |   | $ | --- |   |

----

|                                                           |   | Three Months Ended March 31, |    |
|----------------------------------------------------------------|--------|------------------------------|---------|
|                                                           |   | 2011                         |    |   | 2010 |   |
|                                                           |   |                         |    |   |   |   |
| Current:                                                       |   |                         |    |   |   |   |
| Federal                                                        |   | $                            | 194,886 |   |   | $ | 1,500 |   |
| State                                                          |   |                         | 24,873  |   |   |   | 8,200 |   |
|      Total Current Provision          |   |                         | 219,759 |   |   |   | 9,700 |   |
| Deferred:                                                      |   |                         |    |   |   |   |   |   |
| Federal                                                        |   | $                            | 18,297  |   |   | $ | (18,767 | ) |
| State                                                          |   |                         | (14,519 | ) |   |   | ( 4,415 | ) |
|      Total deferred expense (benefit) |   |                         | 3,778   |   |   |   | (23,182 | ) |
| Income tax expense (benefit)                                   |   | $                            | 223,537 |   |   | $ | (13,482 | ) |

----

----

|                 |   |   |      |   |   |   |      |         |   |   |           |   |   |         |     |
|----------------------|--------|--------|-----------|--------|--------|--------|-----------|--------------|--------|--------|----------------|--------|--------|--------------|----------|
| 2011                 |   | CVD    |      |   | SDC    |   |      | Conceptronic |   |   | Eliminations * |   |   | Consolidated |     |
| Revenue              |   | $      | 5,505,110 |   |   | $      | 1,033,147 |         |   | $      | 206,665        |   |   | $            | (539,222 | ) |   | $ | 6,205,700 |   |
| Pretax income (loss) |   |   | 1,095,446 |   |   |   | 59,155    |         |   |   | (243,640       | )      |   |         |     |   |   |   | 910,961 |   |
| 2010                 |   |   |      |   |   |   |      |         |   |   |           |   |   |         |     |   |   |   |   |   |
| Revenue              |   | $      | 2,451,448 |   |   | $      | 1,398,358 |         |   | $      | 209,509        |   |   | $            | (337,466 | ) |   | $ | 3,721,849 |   |
| Pretax (loss) income |   |   | (318,735  | )      |   |   | 173,927   |         |   |   | 40,897         |   |   |         |     |   |   |   | (103,911 | ) |

----

----

----

----

----

----

|   | (a)        | Exhibits filed with this report:                                                                                         |
|--------|------------|--------------------------------------------------------------------------------------------------------------------------|
|   |       |                                                                                                                     |
|   | 10.1       | Employment agreement dated February 11, 2011 between Martin J. Teitelbaum and the Company                                |
|   |       |                                                                                                                     |
|   | 10.2       | Modification agreement of Line of Credit dated May 9, 2011 between Capital One. N.A. and the Company                     |
|   |       |                                                                                                                     |
|   | 10.3       | Amended and Restated Revolving Line of Credit Promissory Note dated May 9 2011 between Capital One, N.A. and the Company |
|   |       |                                                                                                                     |
|   | 31.1  | Certification of Chief Executive Officer                                                                                 |
|   |       |                                                                                                                     |
|   | 31.2       | Certification of Chief Financial Officer                                                                                 |
|   |       |                                                                                                                     |
|   | 32.1       | Certification of Chief Executive Officer pursuant to U.S.C. Section 1350                                                 |
|   |       |                                                                                                                     |
|   | 32.2       | Certification of Chief Financial Officer pursuant to U.S.C. Section 1350                                                 |
|   |       |                                                                                                                     |
|   | (b)        | Reports on Form 8-K                                                                                       |
|   |       |                                                                                                                     |
|   |       |         None                                                                          |

----

|   | CVD EQUIPMENT CORPORATION                                         |   |
|--------|-------------------------------------------------------------------|--------|
|   |                                                              |   |
|   | By: /s/ Leonard A. Rosenbaum                                      |   |
|   |       Leonard A. Rosenbaum          |   |
|   |       Chief Executive Officer       |   |
|   |       (Principal Executive Officer) |   |
|   |                                                              |   |
|   | By: /s/ Glen R. Charles                                           |   |
|   |       Glen R. Charles               |   |
|   |       Chief Financial Officer       |   |
|   |       (Principal Financial and      |   |
|   |       Accounting Officer)           |   |
|   |                                                              |   |

----

| EXHIBITNUMBER                                              |  DESCRIPTION                                                                                                        |
|------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------|
|                                                       |                                                                                                                     |
| 10.1                                                       | Employment agreement dated February 11, 2011 between Martin J. Teitelbaum and the Company*                               |
|                                                       |                                                                                                                     |
| 10.2                                                       | Modification agreement of Line of Credit dated May 9, 2011 between Capital One. N.A. and the Company*                    |
|                                                       |                                                                                                                     |
| 10.3          | Amended and Restated Revolving Line of CreditPromissory Note dated May 9 2011 between Capital One, N.A. and the Company* |
|                                                       |                                                                                                                     |
| 31.1                                                  | Certification of Chief Executive Officer*                                                                                |
|                                                       |                                                                                                                     |
| 31.2                                                       | Certification of Chief Financial Officer*                                                                                |
|                                                       |                                                                                                                     |
| 32.1                                                       | Certification of Chief Executive Officer pursuant to U.S.C. Section 1350*                                                |
|                                                       |                                                                                                                     |
| 32.2                                                       | Certification of Chief Financial Officer pursuant to U.S.C. Section 1350*                                                |
|                                                       |                                                                                                                     |