Earnings Per Common Share (EPS) (Tables)

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The computations of basic and diluted EPS were as follows for the three and six month periods ended:

	THREE MONTHS ENDED					SIX MONTHS ENDED
	JUNE 30,					JUNE 30,
	2012			2011		2012			2011
	(Unaudited)					(Unaudited)
Basic EPS Computation:
Net (loss) income	$	(302,062	)	$	214,431	$	(244,659	)	$	(102,929	)
Weighted average number of common shares		63,226,857			62,916,422		63,427,681			62,857,309
Basic EPS	$	(0.005	)	$	0.003	$	(0.004	)	$	(0.002	)
Diluted EPS Computation:
Net (loss) income	$	(302,062	)	$	214,431	$	(244,659	)	$	(102,929	)
Weighted average number of common shares		63,226,857			62,916,422		63,427,681			62,857,309
Incremental shares from assumed conversions of stock options		-			1,226,285		-			-
Adjusted weighted average number of  common shares		63,226,857			64,142,707		63,427,681			62,857,309
Diluted EPS	$	(0.005	)	$	0.003	$	(0.004	)	$	(0.002	)