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Earnings Per Share
3 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share

Note (2) - Earnings Per Share: Basic earnings per share for the three months ended September 30, 2013 and 2012 are computed as follows:

   For the three months ended
September 30,
   2013
(Unaudited)
  2012
(Unaudited)
Net income  $425,771   $151,839 
Weighted average shares outstanding   7,033,732    7,033,732 
Basic and fully diluted earnings per share  $.06   $.02 

 

At September 30, 2013, the Company had no outstanding options to purchase shares of the Company’s common stock or other dilutive securities.