Quarterly report pursuant to Section 13 or 15(d)

6. EARNINGS PER SHARE INFORMATION

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6. EARNINGS PER SHARE INFORMATION
9 Months Ended
Dec. 31, 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   Nine months ended
  December 31, 2014   December 31, 2013   December 31, 2014     December 31, 2013
               
Net income/(loss) $ 41,657   $ (389,520)   $ (1,252)   $ (1,536,733)
               
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)   $       (0.03)

 

As of December 31, 2014 and 2013 there were no options, warrants, or restricted stock grants outstanding.