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Loss Per Common Share (Tables)
3 Months Ended
Jun. 30, 2016
Loss per common share:  
Schedule of Reconciliation of Basic Net Loss Per Share and Diluted Loss Per Share

The following is a reconciliation of the number of shares used in the calculation of basic and diluted net loss per share for the three month periods ended June 30, 2016 and 2015.

 

    2016     2015  
Net loss   $ (293,456 )   $ (324,366 )
                 
Shares outstanding:                
Weighted average common shares outstanding – basic     2,037,266       2,037,266  
Effect of the assumed exercise of dilutive stock options     -       -  
Weighted average common shares outstanding – dilutive     2,037,266       2,037,266  
                 
Loss per common share:                
Basic and diluted   $ (0.14 )   $ (0.16 )