Earnings Per Common Share (EPS)

3 Months Ended

Mar. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

10.   Earnings Per Common Share (EPS)

The computations of basic and diluted EPS were as follows for the three months ended March 31:

Basic EPS Computation:	2012		2011
Net income		57,403		(317,360	)
Weighted average number of common shares		63,226,857		62,797,540
Basic EPS	$	0.001	$	(0.005	)
Basic EPS Computation:		2012		2011
Net income		57,403		(317,360	)
Weighted average number of common shares		63,226,857		62,797,540
Incremental shares from assumed conversions of stock options		1,022,281		-
Adjusted weighted average number of common shares		64,249,138		62,797,540
Diluted EPS	$	0.001	$	(0.005	)