10. Income Per Common Share (Tables)

9 Months Ended

Dec. 31, 2014

Income 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
		2014	2013	2014	2013
Net (loss) income		$ (175,321)	$ 88,659	$   (70,011)	$298,841
Shares outstanding:
Weighted avg. common shares outstanding – basic		2,038,266	2,036,866	2,038,266	2,036,866
Effect of the assumed exercise of dilutive stock options		-	6,506	-	3,458
Weighted avg. common shares outstanding – dilutive		2,038,266	2,043,372	2,038,266	2,040,324
(Loss) earnings per common share:
	Basic	$       (0.09)	$        0.04	$       (0.03)	$        0.15
	Diluted	$       (0.09)	$        0.04	$       (0.03)	$        0.15