Schedule of Income (Loss) Per Share

Three Months Ended

March 31, 2019

March 31, 2018

Net income (loss):

Income (loss) from continuing operations

$119,005

$(95,518)

Income (loss) from discontinued operations – See Note 10

(479)

201,956

Net income

$118,526

$106,438

Preferred stock dividends

(3,362)

(6,724)

Net income available to common shareholders

115,164

99,714

Basic income (loss) per share:

Weighted average common shares outstanding used in income (loss) per share

13,741,009

11,871,009

Basic income (loss) per share:

Continuing operations

0.01

(0.01)

Discontinued operations – See Note 10

(0.00)

0.02

Basic income (loss) per share

0.01

Diluted income (loss) per share:

Shares used in diluted income (loss) per share

17,235,723

11,871,009

Diluted income (loss) per share:

Continuing operations

0.01

(0.01)

Discontinued operations – See Note 10

(0.00)

0.02

Diluted income (loss) per share

0.01

Computation of shares used in income (loss) per share:

Weighted average shares and share equivalents outstanding – basic

13,741,009

11,871,009

Effect of preferred stock

987,102

-

Effect of dilutive stock options

2,245,133

-

Effect of dilutive warrants

262,479

-

Weighted average shares and share equivalents outstanding – diluted

17,235,723

11,871,009