Quarterly report pursuant to Section 13 or 15(d)

4. Earnings Per Share (Tables)

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4. Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2013
Notes to Financial Statements  
Reconciliation of Earning per Share
   

Net

Income

    Shares    

Per Share

Amount

 
Basic net income per common share for the                  
three months ended September 30, 2013:                  
Loss available to common stockholders   $ 108,367       11,201,760     $ 0.01  
Effect of dilutive stock options     --       9,741       --  
Diluted net income per common share for the                        
three months ended September 30, 2013   $ 108,367       11,211,501     $ 0.01  
                         
Basic net income per common share for the                        
three months ended September 30, 2012:                        
Income available to common stockholders   $ 43,422       11,201,760     $ 0.00  
Effect of dilutive stock options     --       13,161       --  
Diluted net income per common share for the                        
three months ended September 30, 2012   $ 43,422       11,214,921     $ 0.00  

 

 

   

Net

(Loss) income

    Shares    

Per Share

Amount

 
Basic net loss per common share for the                  
    nine months ended September 30, 2013:                  
Loss available to common stockholders   $ ( 80,293 )     11,201,760     $ ( 0.01 )
Effect of dilutive stock options     --       --       --  
Diluted net loss per common share for the                        
    nine months ended September 30, 2013   $ ( 80,293 )     11,201,760     $ ( 0.01 )
                         
Basic net income per common share for the                        
    nine months ended September 30, 2012:                        
Income available to common stockholders   $ 72,316       11,199,442     $ 0.01  
Effect of dilutive stock options     --       14,352       --  
Diluted net income per common share for the                        
    nine months ended September 30, 2012   $ 72,316       11,213,794     $ 0.01