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EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 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:

 

    NINE MONTHS ENDED     THREE MONTHS ENDED  
    September 30,
2015		     September 30,
2014		     September 30,
2015		     September 30,
2014		  
Net income (loss)   $ (341,663 )   $ 6,291,936     $ (100,390 )   $ 4,749,437  
Weighted average common shares outstanding - basic     125,611,081       125,585,532       125,585,532       125,585,532  
Option awards     207,786       218,407       208,442       216,263  
Weighted average common shares outstanding - dilutive     125,818,867       125,803,939       125,793,974       125,801,795  
Net income (loss) per share - basic and diluted   $ (0.00 )   $ 0.05     $ (0.00 )   $ 0.04