Quarterly report pursuant to Section 13 or 15(d)

5. EARNINGS PER SHARE INFORMATION

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5. EARNINGS PER SHARE INFORMATION
6 Months Ended
Sep. 30, 2014
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, 
2014
  September 30, 
2013
  September 30,
2014
  September 30,
2013
                       
Net loss $   (14,208)   $   (603,876)   $   (42,909)   $   (1,147,213)
                       
Basic weighted-average common shares outstanding   55,787,554     55,787,554     55,787,554     55,787,554
                       
Basic loss per common share $   (0.00)   $         (0.01)   $   (0.00)   $         (0.02)

 

As of September 30, 2014 and 2013 there were no options, warrants, or restricted stock grants outstanding.