Earnings Per Common Share (EPS)

9 Months Ended

Sep. 30, 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 and nine month periods ended:

	THREE MONTHS ENDED				NINE MONTHS ENDED
	SEPTEMBER 30,				SEPTEMBER 30,
	2012		2011		2012			2011
	(Unaudited)				(Unaudited)
Basic EPS Computation:
Net income (loss)	$	243,708	$	217,939	$	(951	)	$	115,010
Weighted average number of common shares		63,651,857		62,930,873		63,427,681			62,882,100
Basic EPS	$	0.004	$	0.003	$	(0.000	)	$	0.002
Diluted EPS Computation:
Net income (loss)	$	243,708	$	217,939	$	(951	)	$	115,010
Weighted average number of common shares		63,651,857		62,930,873		63,427,681			62,882,100
Incremental shares from assumed
conversions of stock options		169,034		1,037,166		-			1,348,593
Adjusted weighted average number of
common shares		63,820,891		63,968,039		63,427,681			64,230,693
Diluted EPS	$	0.004	$	0.003	$	(0.000	)	$	0.002