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Earnings Per Common Share (EPS) (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Common Share (EPS) [Abstract]  
Schedule Of Earnings Per Share, Basic and Diluted [Table Text Block]
The computations of basic and diluted EPS were as follows for the periods presented below:
 
 
 
THREE MONTHS ENDED
 
 
 
MARCH 31,
 
 
 
2016
 
2015
 
 
 
(Unaudited)
 
Basic EPS Computation:
 
 
 
 
 
 
 
Net (loss) income
 
$
(659,510)
 
$
(1,157,759)
 
Weighted average number of common shares
 
 
82,559,822
 
 
81,743,812
 
Basic EPS
 
$
(0.008)
 
$
(0.014)
 
 
 
 
 
 
 
 
 
Diluted EPS Computation:
 
 
 
 
 
 
 
Net (loss) income
 
$
(659,510)
 
$
(1,157,759)
 
 
 
 
 
 
 
 
 
Weighted average number of common shares
 
 
82,559,822
 
 
81,743,812
 
Incremental shares from assumed conversions
 
 
 
 
 
 
 
of stock options
 
 
-
 
 
-
 
Adjusted weighted average number of
 
 
 
 
 
 
 
common shares
 
 
82,559,822
 
 
81,743,812
 
 
 
 
 
 
 
 
 
Diluted EPS
 
$
(0.008)
 
$
(0.014)