NSEC » Topics » Note 1-Basis of Presentation

This excerpt taken from the NSEC 10-K filed Mar 31, 2005.

Note 1-Basis of Presentation            

  Pursuant to the rules and regulations of the Securities and Exchange Commission, the Condensed   Financial Information of the Registrant does not include all of the information and notes normally   included with financial statements prepared in accordance with generally accepted accounting   principles. It is, therefore, suggested that this Condensed Financial Information be read in   conjunction with the Consolidated Financial Statements and Notes thereto included in the   Registrant’s Annual Report as referenced in Form 10-K, Part II, Item 8, page 28.    

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