Income (Loss) Per Common Share (Tables)

9 Months Ended

Dec. 31, 2013

Income Loss Per Common Share Tables

Number of shares used in the calculation of basic income (loss) per share and diluted income (loss) per share

		Three Months Ended		Nine Months Ended
		December 31		December 31
		2013	2012	2013	2012
Net income (loss)		$     88,659	$ (39,580)	$   298,841	$(102,034)
Shares outstanding:
Weighted avg. common shares outstanding – basic		2,036,866	2,036,938	2,036,866	2,036,277
Effect of the assumed exercise of dilutive stock options		6,506	-	3,458	-
Weighted avg. common shares outstanding – dilutive		2,043,372	2,036,938	2,040,324	2,036,277
Earnings (loss) per common share:
	Basic	$        0.04	$     (0.02)	$         0.15	$     (0.05)
	Diluted	$        0.04	$     (0.02)	$         0.15	$     (0.05)