4. Net Income (loss) Per Common Share: Schedule of Calculation of Numerator and Denominator in Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2012

Tables/Schedules

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

	Year ended December 31, 2012	Year ended December 31, 2011
Denominator for basic net income (loss) per share, weighted average shares outstanding	15,007,852	14,115,651
Dilutive effect of common stock options	-	-
Dilutive effect of Series C Convertible Preferred Stock	-	-
Denominator for net income (loss) per share, assuming dilution	15,007,852	14,115,651