A recent study by Kessler International, an international forensic accounting and investigative firm, found that while the majority of Licensed Property owners are well-intentioned and strive for a mutually rewarding relationships with those who purchase the rights to use their properties, few, if any, use significant protective measures. Only 15% admitted that they conducted yearly audits, while 85% have not conducted an audit in over a year. In addition, 25% of companies surveyed that do conduct audits have discovered major discrepancies requiring litigation to resolve. An equally disturbing result of the survey indicates that a startling 55% of licensors employ no Internet monitoring system to ensure that their properties are sold within the limits of their agreements or that bogus goods are not being distributed on-line. Finally, almost 50% of the survey group indicated that their property has been pirated or counterfeited within the last year.