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Exhibit 12.1
STATEMENT RE COMPUTATION OF RATIOS
This schedule contains financial information extracted from the Registrant's
Consolidated Financial Statements as of September 30, 2000 and 1999, and is
qualified in its entirety by reference to such Consolidated Financial
Statements:
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September 30,
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2000 1999
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<S> <C> <C>
Current Ratio:
The ratio of current assets divided by current liabilities -
Current assets (numerator) $11,486,031 $15,562,144
Current liabilities (denominator) 5,423,194 6,484,494
Current ratio 2.1 2.4
Working Capital:
Current Assets minus Current Liabilities
Current assets $11,486,031 $15,562,144
Current liabilities 5,423,194 6,484,494
Working Capital $ 6,062,837 $ 9,077,650
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Ex 12