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Earnings Per Common Share (EPS) (Tables)
3 Months Ended
Mar. 31, 2017
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,
 
 
 
2017
 
2016
 
 
 
(Unaudited)
 
Basic EPS Computation:
 
 
 
 
 
 
 
Net loss
 
$
(1,154,217)
 
$
(659,510)
 
Weighted average number of common shares
 
 
82,841,812
 
 
82,559,822
 
Basic EPS
 
$
(0.01)
 
$
(0.01)
 
 
 
 
 
 
 
 
 
Diluted EPS Computation:
 
 
 
 
 
 
 
Net loss
 
$
(1,154,217)
 
$
(659,510)
 
 
 
 
 
 
 
 
 
Weighted average number of common shares
 
 
82,841,812
 
 
82,559,822
 
Incremental shares from assumed conversions of stock options
 
 
-
 
 
-
 
Adjusted weighted average number of common shares
 
 
82,841,812
 
 
82,559,822
 
 
 
 
 
 
 
 
 
Diluted EPS
 
$
(0.01)
 
$
(0.01)