PMBC » Topics » Audit and Other Fees

This excerpt taken from the PMBC DEF 14A filed Apr 18, 2007.

Audit and Other Fees

Grant Thornton performed the following services for the Company relating to the year ended December 31, 2006:

Audit Services. Audit services consisted of the audit of the Company’s consolidated financial statements for, and reviews of the Company’s quarterly financial statements that were included in our Quarterly Reports on Form 10-Q filed with the SEC during, the year ended December 31, 2006 and the evaluation of, and the issuance of an attestation report relating to, the effectiveness of the Company’s internal control over financial reporting as of December 31, 2006, as required by Section 404 of the Sarbanes-Oxley Act of 2002.

Tax Services. Grant Thornton rendered tax advisory and planning and income tax preparation services to the Company in 2006.

Other Services. Grant Thornton did not render other professional services to us during 2006 or 2005.

The following table contains information regarding the fees billed by Grant Thornton for its services to us in 2006 and 2005:

 

    

Fees Billed

by Grant Thornton

Nature of Services

   2006    2005

Audit Services

   $ 357,380    $ 327,360

Tax Services

   $ 35,900    $ 21,000

The Audit Committee has determined that the provision of the audit and tax services rendered by Grant Thornton and the fees paid for those services in fiscal 2006 were compatible with maintaining Grant Thornton’s independence.

This excerpt taken from the PMBC DEF 14A filed Apr 12, 2006.

Audit and Other Fees

Grant Thornton performed the following services for the Company relating to the year ended December 31, 2005:

Audit Services. Audit services consisted of the audit of the Company’s consolidated financial statements for, and reviews of the Company’s quarterly financial statements that were included in our Quarterly Reports on Form 10-Q filed with the SEC during, the year ended December 31, 2005.

Tax Services. Grant Thornton rendered tax advisory and planning and income tax preparation services to the Company in 2005.

Other Services. Grant Thornton rendered professional services consisting primarily of an evaluation of, and the issuance of an attestation report relating to, the effectiveness of the Company’s internal control over financial reporting as of December 31, 2005, as required by Section 404 of the Sarbanes-Oxley Act of 2002.

The following table contains information regarding the fees billed by Grant Thornton for its services to us in 2005 and 2004:

 

    

Fees Billed

by Grant Thornton

Nature of Services

   2005    2004

Audit Services

   $ 208,560    $ 167,900

Tax Services

   $ 21,000    $ 13,000

Other Services

   $ 118,800    $ 93,500

The Audit Committee has determined that the provision of audit-related, tax and other services rendered by Grant Thornton and the fees paid for those services in fiscal 2005 were compatible with maintaining Grant Thornton’s independence.

This excerpt taken from the PMBC DEF 14A filed Apr 14, 2005.

Audit and Other Fees

 

Grant Thornton performed the following services for the Company relating to the year ended December 31, 2004:

 

Audit Services. Audit services consisted of the audit of the Company’s consolidated financial statements for, and reviews of the Company’s quarterly financial statements that were included in our Quarterly Reports on Form 10-Q filed with the SEC during, the year ended December 31, 2004.

 

Tax Services. Grant Thornton rendered tax advisory and planning and income tax preparation services to the Company in 2004.

 

Other Services. Grant Thornton rendered professional services consisting primarily of an evaluation of, and the issuance of an attestation report relating to, the effectiveness of the Company’s internal control over financial reporting as of December 31, 2004, as required by Section 404 of the Sarbanes-Oxley Act of 2002.

 

The following table contains information regarding the fees billed by Grant Thornton for its services in 2004 and 2003:

 

     Fees Billed by Grant
Thornton


 

Nature of Services


   2004

   2003

 

Audit Services

   $ 167,900    $ 177,400  

Audit-Related Services

   $ —      $ 140,800 (1)

Tax Services

   $ 13,000    $ 12,000  

Other Services

   $ 93,500    $ 55,800  
 
  (1) Audit-related services in 2003 consisted of accounting services rendered in connection with a public offering of our common stock that we completed in December 2003.  

 

The Audit Committee has determined that the provision of tax and other services rendered by Grant Thornton and the fees paid for those services in fiscal 2004 were compatible with maintaining Grant Thornton’s independence.

 

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