v2.4.0.6
Note 6. Net Income Per Share. (Tables)
3 Months Ended
Jun. 30, 2012
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   
For the Three-Months Ended
 
   
June 30, 2012
 
   
Income
   
Weighted Average
Shares
Outstanding
   
Per Share
 
Basic:                  
Income attributable to common stock
  $ (450,769 )     56,476,186     $ (0.01 )
Effect of Dilutive Securities:
                       
Stock options
    -       -       (0.00 )
Convertible debt
    (3,111,208 )     9,502,066       (0.04 )
Diluted:
                       
Income attributable to common stock, including assumed conversions
  $ (3,561,977 )     65,978,252     $ (0.05 )
    For the Three-Months Ended  
   
June 30, 2011
 
   
Income
   
Weighted Average
 Shares
Outstanding
   
Per Share
 
Basic:
                       
Income attributable to common stock
 
$
1,762,991
     
55,165,077
   
$
0.03
 
Effect of Dilutive Securities:
                       
Stock options
   
-
     
1,429,185
     
(0.00
)
Convertible debt
   
(4,927,618
)
   
9,502,066
     
(0.08
)
Diluted:
                       
Income attributable to common stock, including assumed conversions
 
$
(3,164,627
)
   
66,096,328
   
$
(0.05
)