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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2015
Notes to Financial Statements  
Note 5 - EARNINGS PER SHARE

Basic net income (loss) per share is computed by dividing net income (loss) attributable to the Company, decreased with respect to net income or increased with respect to net loss by dividends declared on preferred stock by using the weighted-average number of common shares outstanding. The dilutive effect of incremental common shares potentially issuable under outstanding options, warrants and restricted shares is included in diluted earnings per share utilizing the treasury stock method. The computations of basic and diluted per share data were as follows:

 

    THREE MONTHS ENDED  
    March 31,
2015		     March 31,
2014		  
Net income (loss)   $ (108,653 )   $ 614,216  
Weighted average common shares outstanding - basic     125,585,532       125,585,532  
Option awards     208,486       66,000  
Weighted average common shares outstanding - dilutive     125,794,018       125,651,532  
Net income (loss) per share - basic and diluted     (0.00 )     0.00