10. Net income per common share (Tables)

9 Months Ended

Sep. 30, 2016

Net Income Loss Per Common Share Tables

Basic and diluted earnings per share

	Income		Number of shares		Per share amount
Net income	$	136,971
Basic earnings per share		136,971		48,738,855	$	0.00
Effect of dilutive securities
Warrants		—		266,700
Options		—		—
Diluted earnings per share	$	136,971		49,005,555	$	0.00

For the nine months ended September 30, 2016 the computation of basic and diluted earnings per share is as follows:

	Income		Number of shares		Per share amount
Net income	$	349,386
Basic earnings per share		349,386		48,158,563	$	0.01
Effect of dilutive securities
Warrants		—		266,700
Options		—		—
Diluted earnings per share	$	349,386		48,425,263	$	0.01

Anti dilutive net loss per share

	Three months and nine months ended September 30, 2015
Options to purchase shares of common stock	$	480,000
Warrants to purchase shares of common stock		6,300,000
Outstanding at September 30, 2015	$	6,780,000