11. Net income (loss) per common share (Tables)

3 Months Ended

Mar. 31, 2016

Net Income Loss Per Common Share Tables

Basic and diluted earnings per share

	Income		Number of shares		Per share amount
Net income	$	143,530
Basic earnings per share		143,350		47,738,855	$	0.00
Effect of dilutive securities
Warrants		—		266,700
Options		—		—
Diluted earnings per share	$	143,350		48,005,555	$	0.00

Anti dilutive net loss per share

	Three months ended March 31, 2015
Options to purchase shares of common stock	$	480,000
Warrants to purchase shares of common stock		6,300,000
Outstanding at March 31, 2015	$	6,780,000