18. Net income (loss) per common share

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

18. Net income (loss) per common share

18. Net income (loss) per common share

For the three months ended March 31, 2017 the computation of basic and diluted earnings per share is as follows:

	Amount			Number of shares		Per share amount
Basic earnings per share
Net loss per share from continuing operations	$	(2,092,221	)		78,738,855	$	(0.03	)
Net income per share from discontinued operations		7,553,820			78,738,855	$	0.10
Basic income per share		5,461,599			78,738,855		0.07
Effect of dilutive securities
Warrants		—			266,700
Options		—			—
Diluted earnings per share
Net loss per share from continuing operations		(2,092,221	)		79,005,555		(0.03	)
Net income per share from discontinued operations		7,553,820			79,005,555		0.10
	$	5,461,599			79,005,555	$	0.07

For the three months ended March 31, 2016 the computation of basic and diluted earnings per share is as follows:

	Amount			Number of shares		Per share amount
Basic earnings per share
Net loss per share from continuing operations	$	(33,988	)		47,738,855	$	(0.00	)
Net income per share from discontinued operations		177,518			47,738,855	$	0.00
Basic income per share		143,530			47,738,855		0.00
Effect of dilutive securities
Warrants		—			266,700
Options		—			—
Diluted earnings per share
Net loss per share from continuing operations		(33,988	)		48,005,555		(0.00	)
Net income per share from discontinued operations		177,518			48,005,555		0.00
	$	143,530			48,005,555	$	0.00