Tanktalus....Thank you...this has gotten me one step closer.
Unfortunately, I noticed a small issue. In the event there are 15 files in the directory that need to be process and the script has currently launched, say 8. If the user <ctrl><c> out of the script prior to the script exiting on its own, the 8 that the script initially launch are killed when the user <ctrl><c> out of the script.