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Earnings Per Share
3 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share

Note (2) - Earnings Per Share: Basic earnings per share for the three months ended September 30, 2012 and 2011 are computed as follows:

   For the three months ended
September 30,
   2012
(Unaudited)
  2011
(Unaudited)
Net income  $151,839   $233,498 
Weighted average shares outstanding   7,033,732    7,033,732 
Basic and fully diluted earnings per share  $.02   $.03 

 

At September 30, 2012, the Company had no outstanding options to purchase shares of the Company’s common stock or other dilutive securities.