at the time that we became a separate legal entity , we entered into an agreement with actuarial ideas , inc. under which we continue to write and edit all the pension and retirement plans for its clients . prior to being a separate legal entity , we were structured as a line of business of actuarial ideas , inc. which allocated a portion of all of its combined costs to us based on the relationship of our revenues to total actuarial ideas , inc. revenues . the revenues represented specifically identified revenue for our business line and are not allocations . actuarial ideas , inc. maintained all of its records based on the nature of each type of revenue producing activity . all of the revenue associated with writing pension plans was segregated and specifically identified . costs of sales consist primarily of salaries , rent , communications and travel costs . actuarial ideas , inc. believes that the allocation was consistent with the percentage of time and resources devoted to us during each period and conforms to guidelines described in sab topic 1b1 . commencing july 1 , 2007 , cost allocations from actuarial ideas , inc. ceased , and we began paying a management fee to actuarial ideas , inc. equivalent to $ 1,500 per month plus 5 % of revenues collected for us from customers by actuarial ideas , inc. the management fee covers the costs of rent , administrative and computerized recordkeeping costs , communications and other office costs . it does not include the salaries that we agreed to pay , professional fees and any separate marketing costs that we elect to incur . we also pay ( i ) mr. cohen an annual salary of $ 30,000 for which he devotes 15 % of his time to us ( ii ) richard cohen , our treasurer , devotes 10 % of his time to us and receives an annual salary of $ 6,000. for the immediate future , actuarial ideas , inc. will refer business to us by advising its clients that the project will be completed more efficiently be engaging us than by engaging any entity other than us to complete a portion of the required tasks . it will provide us the basic information and background . we will use this information to draft or amend pension plans . we will be completely dependent on these referrals from actuarial ideas , inc. for our revenue for at least the next 18 to 24 months . when resources permit in the future , we will seek business from other sources in addition to actuarial ideas , inc. this work will be performed or supervised by mr. cohen . more than 60 % of our revenues are generally earned in november and december . while operating in this manner , we will have fixed costs limited to the salary due to mr. cohen and the fixed portion of the management fee ( $ 1,500 per month ) . we are not aware of any material changes to our operations for the next 12 months compared to the level of operations during the past 12 months . the third paragraph in story_separator_special_tag to increase our ability to use noncash means of settling day-to-day business obligations and compensate any independent contractors who provide professional services to us , although there can be no assurances that we will be successful in any of those efforts . we will reduce the cash compensation levels paid to our president if there is insufficient cash generated from operations to satisfy these costs . if we reduce the cash paid to our president , the unpaid balance , without interest , will be accrued as a liability until paid . we may also seek outside investments or credit facilities to meet levels of obligations that exceed our cash flow . however , we can provide no assurances that we will be successful in obtaining financing or satisfying all required costs . there are no current plans to seek private investment . we do not have any current plans to raise funds through the sale of securities . we hope to be able to use our status as a public company to enable us to use noncash means of settling obligations and compensate persons and or firms providing services or products to us we believe that issuing shares of our common stock to such persons instead of paying cash to them may enable us to obtain and perform more and larger engagements because performance of those engagements will not require larger amounts of cash expenditures to the extent that shares are used to satisfy obligations . our belief is based on personal observations and is not supported by any formal studies or polls . having shares of our common stock may give persons a greater feeling of identity with us and our president , mark cohen , which may result in referrals to us directly by other actuarial firms or to actuarial ideas , inc. which also will result in additional revenue for us . however , we have not done any studies or performed any surveys to determine the likelihood that these shareholders will actually make referrals to us , and , there can be no assurances that we will do so or will be successful in any of these efforts . 17 off balance sheet arrangements we do not have any transactions , arrangements and other relationships with unconsolidated entities that will affect our liquidity or capital resources . we have no special purpose entities that provide off-balance sheet financing , liquidity or market or credit risk support , nor do we engage in swap agreements , or outsourcing of research and development services , that could expose us to liability that is not reflected on the face of our financial statements . recent accounting pronouncements the company has implemented all new accounting pronouncements that are in effect and story_separator_special_tag at the time that we became a separate legal entity , we entered into an agreement with actuarial ideas , inc. under which we continue to write and edit all the pension and retirement plans for its clients . prior to being a separate legal entity , we were structured as a line of business of actuarial ideas , inc. which allocated a portion of all of its combined costs to us based on the relationship of our revenues to total actuarial ideas , inc. revenues . the revenues represented specifically identified revenue for our business line and are not allocations . actuarial ideas , inc. maintained all of its records based on the nature of each type of revenue producing activity . all of the revenue associated with writing pension plans was segregated and specifically identified . costs of sales consist primarily of salaries , rent , communications and travel costs . actuarial ideas , inc. believes that the allocation was consistent with the percentage of time and resources devoted to us during each period and conforms to guidelines described in sab topic 1b1 . commencing july 1 , 2007 , cost allocations from actuarial ideas , inc. ceased , and we began paying a management fee to actuarial ideas , inc. equivalent to $ 1,500 per month plus 5 % of revenues collected for us from customers by actuarial ideas , inc. the management fee covers the costs of rent , administrative and computerized recordkeeping costs , communications and other office costs . it does not include the salaries that we agreed to pay , professional fees and any separate marketing costs that we elect to incur . we also pay ( i ) mr. cohen an annual salary of $ 30,000 for which he devotes 15 % of his time to us ( ii ) richard cohen , our treasurer , devotes 10 % of his time to us and receives an annual salary of $ 6,000. for the immediate future , actuarial ideas , inc. will refer business to us by advising its clients that the project will be completed more efficiently be engaging us than by engaging any entity other than us to complete a portion of the required tasks . it will provide us the basic information and background . we will use this information to draft or amend pension plans . we will be completely dependent on these referrals from actuarial ideas , inc. for our revenue for at least the next 18 to 24 months . when resources permit in the future , we will seek business from other sources in addition to actuarial ideas , inc. this work will be performed or supervised by mr. cohen . more than 60 % of our revenues are generally earned in november and december . while operating in this manner , we will have fixed costs limited to the salary due to mr. cohen and the fixed portion of the management fee ( $ 1,500 per month ) . we are not aware of any material changes to our operations for the next 12 months compared to the level of operations during the past 12 months . the third paragraph in story_separator_special_tag to increase our ability to use noncash means of settling day-to-day business obligations and compensate any independent contractors who provide professional services to us , although there can be no assurances that we will be successful in any of those efforts . we will reduce the cash compensation levels paid to our president if there is insufficient cash generated from operations to satisfy these costs . if we reduce the cash paid to our president , the unpaid balance , without interest , will be accrued as a liability until paid . we may also seek outside investments or credit facilities to meet levels of obligations that exceed our cash flow . however , we can provide no assurances that we will be successful in obtaining financing or satisfying all required costs . there are no current plans to seek private investment . we do not have any current plans to raise funds through the sale of securities . we hope to be able to use our status as a public company to enable us to use noncash means of settling obligations and compensate persons and or firms providing services or products to us we believe that issuing shares of our common stock to such persons instead of paying cash to them may enable us to obtain and perform more and larger engagements because performance of those engagements will not require larger amounts of cash expenditures to the extent that shares are used to satisfy obligations . our belief is based on personal observations and is not supported by any formal studies or polls . having shares of our common stock may give persons a greater feeling of identity with us and our president , mark cohen , which may result in referrals to us directly by other actuarial firms or to actuarial ideas , inc. which also will result in additional revenue for us . however , we have not done any studies or performed any surveys to determine the likelihood that these shareholders will actually make referrals to us , and , there can be no assurances that we will do so or will be successful in any of these efforts . 17 off balance sheet arrangements we do not have any transactions , arrangements and other relationships with unconsolidated entities that will affect our liquidity or capital resources . we have no special purpose entities that provide off-balance sheet financing , liquidity or market or credit risk support , nor do we engage in swap agreements , or outsourcing of research and development services , that could expose us to liability that is not reflected on the face of our financial statements . recent accounting pronouncements the company has implemented all new accounting pronouncements that are in effect and

liquidity below summarizes what our overall expenses will be if this level of operations takes place . 15 we believe that being a public entity may provide us ( and our president , mark cohen ) benefits in visibility and the way that we are perceived by potential business referral sources and prospective customers . these sources may refer new business to us directly or to actuarial ideas , inc. which also will result in additional revenue for us . ultimately , the goal of this process will be to develop sources of business beyond actuarial ideas , inc. however , we have not done any studies or performed any surveys to determine the likelihood that these shareholders will actually make referrals to us and there can be no assurances that we will be successful in any of this regard . operations december 31 2012 and 2011 a summary of operations is : replace_table_token_1_th we currently perform work for approximately 150 plans that relate to actuarial idea 's clients whose work has been referred to us . more than half of these plans are defined benefit plans . the remainder is split among defined contribution plans such as profit sharing plans , money purchase plans , and 401 ( k ) plans . our revenue and operations were severely hurt by the ongoing downturn in the economy . this downturn resulted in very few companies establishing new pension plans . companies with existing pension plans made as few changes or reviews as possible because of the economic uncertainties . our financial situation was severely impacted because of these uncertainties and conditions . commencing july 1 , 2007 , we began paying a management fee to actuarial ideas , inc. equivalent to $ 1,500 per month plus 5 % of revenues collected for us from customers by actuarial ideas , inc. the management fee covers the costs of rent , administrative and computerized recordkeeping costs , communications and other office costs . it does not include the salaries that we agreed to pay , professional fees and any separate marketing costs that we elect to incur .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity below summarizes what our overall expenses will be if this level of operations takes place . 15 we believe that being a public entity may provide us ( and our president , mark cohen ) benefits in visibility and the way that we are perceived by potential business referral sources and prospective customers . these sources may refer new business to us directly or to actuarial ideas , inc. which also will result in additional revenue for us . ultimately , the goal of this process will be to develop sources of business beyond actuarial ideas , inc. however , we have not done any studies or performed any surveys to determine the likelihood that these shareholders will actually make referrals to us and there can be no assurances that we will be successful in any of this regard . operations december 31 2012 and 2011 a summary of operations is : replace_table_token_1_th we currently perform work for approximately 150 plans that relate to actuarial idea 's clients whose work has been referred to us . more than half of these plans are defined benefit plans . the remainder is split among defined contribution plans such as profit sharing plans , money purchase plans , and 401 ( k ) plans . our revenue and operations were severely hurt by the ongoing downturn in the economy . this downturn resulted in very few companies establishing new pension plans . companies with existing pension plans made as few changes or reviews as possible because of the economic uncertainties . our financial situation was severely impacted because of these uncertainties and conditions . commencing july 1 , 2007 , we began paying a management fee to actuarial ideas , inc. equivalent to $ 1,500 per month plus 5 % of revenues collected for us from customers by actuarial ideas , inc. the management fee covers the costs of rent , administrative and computerized recordkeeping costs , communications and other office costs . it does not include the salaries that we agreed to pay , professional fees and any separate marketing costs that we elect to incur .
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 Suspicious Activity Report : at the time that we became a separate legal entity , we entered into an agreement with actuarial ideas , inc. under which we continue to write and edit all the pension and retirement plans for its clients . prior to being a separate legal entity , we were structured as a line of business of actuarial ideas , inc. which allocated a portion of all of its combined costs to us based on the relationship of our revenues to total actuarial ideas , inc. revenues . the revenues represented specifically identified revenue for our business line and are not allocations . actuarial ideas , inc. maintained all of its records based on the nature of each type of revenue producing activity . all of the revenue associated with writing pension plans was segregated and specifically identified . costs of sales consist primarily of salaries , rent , communications and travel costs . actuarial ideas , inc. believes that the allocation was consistent with the percentage of time and resources devoted to us during each period and conforms to guidelines described in sab topic 1b1 . commencing july 1 , 2007 , cost allocations from actuarial ideas , inc. ceased , and we began paying a management fee to actuarial ideas , inc. equivalent to $ 1,500 per month plus 5 % of revenues collected for us from customers by actuarial ideas , inc. the management fee covers the costs of rent , administrative and computerized recordkeeping costs , communications and other office costs . it does not include the salaries that we agreed to pay , professional fees and any separate marketing costs that we elect to incur . we also pay ( i ) mr. cohen an annual salary of $ 30,000 for which he devotes 15 % of his time to us ( ii ) richard cohen , our treasurer , devotes 10 % of his time to us and receives an annual salary of $ 6,000. for the immediate future , actuarial ideas , inc. will refer business to us by advising its clients that the project will be completed more efficiently be engaging us than by engaging any entity other than us to complete a portion of the required tasks . it will provide us the basic information and background . we will use this information to draft or amend pension plans . we will be completely dependent on these referrals from actuarial ideas , inc. for our revenue for at least the next 18 to 24 months . when resources permit in the future , we will seek business from other sources in addition to actuarial ideas , inc. this work will be performed or supervised by mr. cohen . more than 60 % of our revenues are generally earned in november and december . while operating in this manner , we will have fixed costs limited to the salary due to mr. cohen and the fixed portion of the management fee ( $ 1,500 per month ) . we are not aware of any material changes to our operations for the next 12 months compared to the level of operations during the past 12 months . the third paragraph in story_separator_special_tag to increase our ability to use noncash means of settling day-to-day business obligations and compensate any independent contractors who provide professional services to us , although there can be no assurances that we will be successful in any of those efforts . we will reduce the cash compensation levels paid to our president if there is insufficient cash generated from operations to satisfy these costs . if we reduce the cash paid to our president , the unpaid balance , without interest , will be accrued as a liability until paid . we may also seek outside investments or credit facilities to meet levels of obligations that exceed our cash flow . however , we can provide no assurances that we will be successful in obtaining financing or satisfying all required costs . there are no current plans to seek private investment . we do not have any current plans to raise funds through the sale of securities . we hope to be able to use our status as a public company to enable us to use noncash means of settling obligations and compensate persons and or firms providing services or products to us we believe that issuing shares of our common stock to such persons instead of paying cash to them may enable us to obtain and perform more and larger engagements because performance of those engagements will not require larger amounts of cash expenditures to the extent that shares are used to satisfy obligations . our belief is based on personal observations and is not supported by any formal studies or polls . having shares of our common stock may give persons a greater feeling of identity with us and our president , mark cohen , which may result in referrals to us directly by other actuarial firms or to actuarial ideas , inc. which also will result in additional revenue for us . however , we have not done any studies or performed any surveys to determine the likelihood that these shareholders will actually make referrals to us , and , there can be no assurances that we will do so or will be successful in any of these efforts . 17 off balance sheet arrangements we do not have any transactions , arrangements and other relationships with unconsolidated entities that will affect our liquidity or capital resources . we have no special purpose entities that provide off-balance sheet financing , liquidity or market or credit risk support , nor do we engage in swap agreements , or outsourcing of research and development services , that could expose us to liability that is not reflected on the face of our financial statements . recent accounting pronouncements the company has implemented all new accounting pronouncements that are in effect and story_separator_special_tag at the time that we became a separate legal entity , we entered into an agreement with actuarial ideas , inc. under which we continue to write and edit all the pension and retirement plans for its clients . prior to being a separate legal entity , we were structured as a line of business of actuarial ideas , inc. which allocated a portion of all of its combined costs to us based on the relationship of our revenues to total actuarial ideas , inc. revenues . the revenues represented specifically identified revenue for our business line and are not allocations . actuarial ideas , inc. maintained all of its records based on the nature of each type of revenue producing activity . all of the revenue associated with writing pension plans was segregated and specifically identified . costs of sales consist primarily of salaries , rent , communications and travel costs . actuarial ideas , inc. believes that the allocation was consistent with the percentage of time and resources devoted to us during each period and conforms to guidelines described in sab topic 1b1 . commencing july 1 , 2007 , cost allocations from actuarial ideas , inc. ceased , and we began paying a management fee to actuarial ideas , inc. equivalent to $ 1,500 per month plus 5 % of revenues collected for us from customers by actuarial ideas , inc. the management fee covers the costs of rent , administrative and computerized recordkeeping costs , communications and other office costs . it does not include the salaries that we agreed to pay , professional fees and any separate marketing costs that we elect to incur . we also pay ( i ) mr. cohen an annual salary of $ 30,000 for which he devotes 15 % of his time to us ( ii ) richard cohen , our treasurer , devotes 10 % of his time to us and receives an annual salary of $ 6,000. for the immediate future , actuarial ideas , inc. will refer business to us by advising its clients that the project will be completed more efficiently be engaging us than by engaging any entity other than us to complete a portion of the required tasks . it will provide us the basic information and background . we will use this information to draft or amend pension plans . we will be completely dependent on these referrals from actuarial ideas , inc. for our revenue for at least the next 18 to 24 months . when resources permit in the future , we will seek business from other sources in addition to actuarial ideas , inc. this work will be performed or supervised by mr. cohen . more than 60 % of our revenues are generally earned in november and december . while operating in this manner , we will have fixed costs limited to the salary due to mr. cohen and the fixed portion of the management fee ( $ 1,500 per month ) . we are not aware of any material changes to our operations for the next 12 months compared to the level of operations during the past 12 months . the third paragraph in story_separator_special_tag to increase our ability to use noncash means of settling day-to-day business obligations and compensate any independent contractors who provide professional services to us , although there can be no assurances that we will be successful in any of those efforts . we will reduce the cash compensation levels paid to our president if there is insufficient cash generated from operations to satisfy these costs . if we reduce the cash paid to our president , the unpaid balance , without interest , will be accrued as a liability until paid . we may also seek outside investments or credit facilities to meet levels of obligations that exceed our cash flow . however , we can provide no assurances that we will be successful in obtaining financing or satisfying all required costs . there are no current plans to seek private investment . we do not have any current plans to raise funds through the sale of securities . we hope to be able to use our status as a public company to enable us to use noncash means of settling obligations and compensate persons and or firms providing services or products to us we believe that issuing shares of our common stock to such persons instead of paying cash to them may enable us to obtain and perform more and larger engagements because performance of those engagements will not require larger amounts of cash expenditures to the extent that shares are used to satisfy obligations . our belief is based on personal observations and is not supported by any formal studies or polls . having shares of our common stock may give persons a greater feeling of identity with us and our president , mark cohen , which may result in referrals to us directly by other actuarial firms or to actuarial ideas , inc. which also will result in additional revenue for us . however , we have not done any studies or performed any surveys to determine the likelihood that these shareholders will actually make referrals to us , and , there can be no assurances that we will do so or will be successful in any of these efforts . 17 off balance sheet arrangements we do not have any transactions , arrangements and other relationships with unconsolidated entities that will affect our liquidity or capital resources . we have no special purpose entities that provide off-balance sheet financing , liquidity or market or credit risk support , nor do we engage in swap agreements , or outsourcing of research and development services , that could expose us to liability that is not reflected on the face of our financial statements . recent accounting pronouncements the company has implemented all new accounting pronouncements that are in effect and

