Basic and Diluted Average Shares

12 Months Ended

Dec. 31, 2015

Note 6 – Basic and Diluted Average Shares

A reconciliation of basic and diluted average common shares is as follows:

	Year Ended December 31,
	2015		2014
Basic weighted average shares		12,275,525		12,216,787
Effect of potential dilutive securities		-		-
Diluted weighted average shares		12,275,525		12,216,787

For the years ended December 31, 2015 and 2014, approximately 5,025,000 and 5,030,000 common stock options, respectively, were not added to the diluted average shares because inclusion of such shares would be antidilutive. For the years ended December 31, 2015 and 2014, there were 4,000 and 87,600 unvested Restricted Stock Units (“RSUs”), respectively, not added to the diluted average shares because inclusion of such shares would be antidilutive.