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    <td style="layout-grid-mode: line; width: 5%">&nbsp;</td>
    <td style="layout-grid-mode: line; text-align: justify; width: 90%">The FASB released guidance on “Reporting Revenue Gross as a Principal versus Net as an Agent” and “Income Statement Characterization of Reimbursements Received for “Out-of-Pocket” Expenses Incurred.” Indicators identified by the Company for gross revenue reporting included: the Company is the primary obligor in customer arrangements, the Company has discretion in supplier selection, and the Company has credit risk. Accordingly, the Company records its client reimbursements, including out-of-pocket expenses, as revenue on a gross basis.</td></tr>
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    <td>&nbsp;</td>
    <td style="layout-grid-mode: line">&nbsp;</td>
    <td style="layout-grid-mode: line">&nbsp;</td></tr>
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    <td>&nbsp;</td>
    <td style="layout-grid-mode: line">(f)</td>
    <td style="layout-grid-mode: line; text-decoration: underline">Income Taxes</td></tr>
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    <td>&nbsp;</td>
    <td style="font-size: 11pt; layout-grid-mode: line">&nbsp;</td>
    <td style="font-size: 11pt; layout-grid-mode: line">&nbsp;</td></tr>
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    <td>&nbsp;</td>
    <td style="layout-grid-mode: line">&nbsp;</td>
    <td style="layout-grid-mode: line; text-align: justify">The provision for income taxes includes federal, state and local income taxes that are currently payable. Deferred income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.</td></tr>
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    <td>&nbsp;</td>
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    <td style="layout-grid-mode: line">&nbsp;</td></tr>
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    <td>&nbsp;</td>
    <td style="layout-grid-mode: line">(g)</td>
    <td style="layout-grid-mode: line; text-decoration: underline">Net Income Per Share</td></tr>
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    <td>&nbsp;</td>
    <td style="layout-grid-mode: line">&nbsp;</td>
    <td style="layout-grid-mode: line">&nbsp;</td></tr>
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    <td>&nbsp;</td>
    <td style="layout-grid-mode: line">&nbsp;</td>
    <td style="layout-grid-mode: line; text-align: justify">Basic earnings per share is based upon the weighted average number of common shares outstanding during the period, excluding restricted shares subject to forfeiture. Diluted earnings per share is computed on the same basis, including if dilutive, common share equivalents, which include outstanding options, warrants, preferred stock, and restricted stock. For the three and six months ended September 30, 2012 and 2011, stock options, and warrants to purchase approximately 70,000 and 187,500 shares of common stock, respectively, were excluded from the calculation of diluted earnings per share as their inclusion would be anti-dilutive. The weighted average number of shares outstanding consists of:</td></tr>
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<td> </td>
<td> </td>
<td>The FASB released guidance on “Reporting Revenue Gross as a Principal versus Net as an Agent” and “Income Statement Characterization of Reimbursements Received for “Out-of-Pocket” Expenses Incurred.” Indicators identified by the Company for gross revenue reporting included: the Company is the primary obligor in customer arrangements, the Company has discretion in supplier selection, and the Company has credit risk. Accordingly, the Company records its client reimbursements, including out-of-pocket expenses, as revenue on a gross basis.</td></tr>
<tr>
<td> </td>
<td> </td>
<td> </td></tr>
<tr>
<td> </td>
<td>(f)</td>
<td>Income Taxes</td></tr>
<tr>
<td> </td>
<td> </td>
<td> </td></tr>
<tr>
<td> </td>
<td> </td>
<td>The provision for income taxes includes federal, state and local income taxes that are currently payable. Deferred income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.</td></tr>
<tr>
<td> </td>
<td> </td>
<td> </td></tr>
<tr>
<td> </td>
<td>(g)</td>
<td>Net Income Per Share</td></tr>
<tr>
<td> </td>
<td> </td>
<td> </td></tr>
<tr>
<td> </td>
<td> </td>
<td>Basic earnings per share is based upon the weighted average number of common shares outstanding during the period, excluding restricted shares subject to forfeiture. Diluted earnings per share is computed on the same basis, including if dilutive, common share equivalents, which include outstanding options, warrants, preferred stock, and restricted stock. For the three and six months ended September 30, 2012 and 2011, stock options, and warrants to purchase approximately 70,000 and 187,500 shares of common stock, respectively, were excluded from the calculation of diluted earnings per share as their inclusion would be anti-dilutive. The weighted average number of shares outstanding consists of:</td></tr>
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