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Basic and Diluted Average Shares
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Basic and Diluted Average Shares

Note 5 - Basic and Diluted Average Shares

 

A reconciliation of basic and diluted weighted average common shares for the three and six months ended September 30, 2018 and 2017 is as follows:

 

    For the Three Months Ended     For the Nine Months Ended  
    September 30,     September 30,  
    2018     2017     2018     2017  
                         
Basic weighted average shares     26,924,381       26,924,381       26,924,381       26,916,414  
Effect of potential dilutive securities     -       510,205       182,958       477,718  
Diluted weighted average shares     26,924,381       27,434,586       27,107,339       27,394,132  

 

For the three and nine months ended September 30, 2018 and 2017, there were 1,015,000 and 1,015,000 of common share options, warrants, and Restricted Stock Units (RSU’s) unexercised respectively.