Note 7 - Earnings Per Share

9 Months Ended

Dec. 26, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 7. Earnings Per Share

The Company’s net earnings per share calculations are in accordance with FASB ASC 260-10. Accordingly, basic earnings (loss) per share are computed by dividing net earnings (loss) by the weighted average number of shares outstanding for each period. The calculation of loss per share is as follows:

	Three months ended
Basic and Diluted	December 26, 2014			December 27, 2013
Weighted Average Basic Shares Outstanding		37,381,000			31,243,000
Dilutive effect of Stock Options and Warrants		--			--
Weighted Average Diluted Shares Outstanding		37,381,000			31,243,000
Net loss	$	(701,000	)	$	(1,618,000	)
Basic and Diluted loss per share	$	(0.02	)	$	(0.05	)

	Nine months ended
Basic and Diluted	December 26, 2014			December 27, 2013
Weighted Average Basic Shares Outstanding		35,860,000			31,223,000
Dilutive effect of Stock Options and Warrants		--			--
Weighted Average Diluted Shares Outstanding		35,860,000			31,223,000
Net loss	$	(1,337,000	)	$	(3,121,000	)
Basic and Diluted loss per share	$	(0.04	)	$	(0.10	)

The dilutive effect of stock options and warrants for each of the periods was not included in the calculation of diluted loss per share because to do so would have had an anti-dilutive effect as the Company had a net loss for the period.