On August 16, 2013, the registrant entered into a Senior Secured Credit Facility Agreement with Kumaran Holding, LLC (a wholly owned subsidiary of the registrant) and TCA Global Credit Master Fund, LP. The credit agreement was dated as of June 30, 2013 and effective as of August 16, 2013. The credit agreement provides for a revolving credit line of five million dollars ($5,000,000). This credit line is secured by all assets of the registrant except for the real property leased from the Effingham County Industrial Development authority, any fixture installed on that property, and any equipment required to develop that property. Unless terminated earlier, the credit agreement will mature on February 15, 2014 unless extended for an additional six month period, in which it will mature on August 15, 2014, and the principal amount outstanding thereunder, together with all accrued unpaid interest and other amounts owed thereunder, if any, will be payable in full upon such date. Loans under the credit agreement will bear interest at a rate of 12% per annum
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