| EARNINGS PER SHARE INFORMATION |
The calculation of the basic earnings per share is based on the following
data:
| |
|
Three months ended |
|
Six months ended |
| |
|
September 30, 2012 |
|
September 30, 2011 |
|
September 30, 2012 |
|
September 30, 2011 |
| |
|
|
|
|
|
|
|
|
| Net loss from continuing operations |
|
$ |
(1,034,768 |
) |
|
$ |
(18,967,113 |
) |
|
$ |
(1,785,082 |
) |
|
$ |
(23,295,946 |
) |
| Net income from discontinued operations |
|
|
— |
|
|
|
(123,902,102 |
) |
|
|
— |
|
|
|
(115,248,057 |
) |
| Basic weighted-average common shares outstanding |
|
|
55,787,554 |
|
|
|
55,787,554 |
|
|
|
55,787,554 |
|
|
|
55,787,554 |
|
| Basic loss per common share from continuing operations |
|
$ |
(0.02 |
) |
|
$ |
(0.34 |
) |
|
$ |
(0.03 |
) |
|
$ |
(0.42 |
) |
| Basic income per common share from discontinued operations |
|
$ |
— |
|
|
$ |
(2.22 |
) |
|
$ |
— |
|
|
$ |
(2.07 |
) |
| Total basic income per common share |
|
$ |
(0.02 |
) |
|
$ |
(2.56 |
) |
|
$ |
(0.03 |
) |
|
$ |
(2.48 |
) |
As of September 30, 2012 and 2011, there were no options, warrants,
or restricted stock grants outstanding.
|