Quarterly report pursuant to Section 13 or 15(d)

5. EARNINGS PER SHARE INFORMATION

v2.4.0.8
5. EARNINGS PER SHARE INFORMATION
 6 Months Ended
Sep. 30, 2013
Notes to Financial Statements  
EARNINGS PER SHARE INFORMATION

The calculation of basic earnings per share is based on the following data:

 

    Three months ended     Six months ended
    September 30,
2013 		    September 30,
2012 		    September 30,
2013 		    September 30,
2012
                       
Net loss $         (603,876)   $         (1,034,768)   $      (1,147,213)   $      (1,785,082)
                       
Basic weighted-average common shares outstanding   55,787,554     55,787,554     55,787,554     55,787,554
                       
Basic loss per common share $               (0.01)   $               (0.02)   $               (0.02)   $               (0.03)

 

As of September 30, 2013 and 2012, there were no options, warrants, or restricted stock grants outstanding.