Earnings Per Share [Text Block] |
| NOTE 15 | - | PER SHARE INFORMATION | Basic earnings per share of common stock (“Basic EPS”) is computed by dividing the net (loss) income by the weighted-average number of shares of common stock outstanding. Diluted earnings per share of common stock (“Diluted EPS”) are computed by dividing the net (loss) income by the weighted-average number of shares of common stock, and dilutive common stock equivalents and convertible securities then outstanding. GAAP requires the presentation of both Basic and Diluted EPS, if such Diluted EPS is not anti-dilutive, on the face of Company’s Condensed Statements of Operations. The calculation of Basic EPS and Diluted EPS is summarized as follows: | | For the Three Months | | For the Six Months | | | | Ended September 30 | | Ended September 30 | | | | 2015 | | 2014 | | 2015 | | 2014 | | Numerator | | | | | | | | | | | | | | Net Income (loss) attributable to common shareholders – Basic | | $ | (7,002,780) | | $ | 21,379,824 | | $ | 9,074,778 | | $ | 16,978,014 | | | | | | | | | | | | | | | | Effect of dilutive instruments on Net Income | | | 2,921,619 | | | (25,511,236) | | | (10,721,215) | | | (23,944,980) | | | | | | | | | | | | | | | | Net Income attributable to common shareholders – Diluted | | $ | (4,081,161) | | $ | (4,131,412) | | $ | (1,646,437) | | $ | (6,966,966) | | | | | | | | | | | | | | | | Denominator | | | | | | | | | | | | | | Weighted-average shares of common stock outstanding - basic | | | 665,330,431 | | | 577,691,292 | | | 656,141,476 | | | 565,150,231 | | | | | | | | | | | | | | | | Dilutive effect of stock options, warrants and convertible securities | | | 158,164,848 | | | 162,178,204 | | | 158,164,848 | | | 162,178,204 | | | | | | | | | | | | | | | | Weighted average shares of common stock outstanding - diluted | | | 823,495,279 | | | 739,869,496 | | | 814,306,324 | | | 733,633,231 | | | | | | | | | | | | | | | | Net (loss) income per share | | | | | | | | | | | | | | Basic | | $ | (0.01) | | $ | 0.04 | | $ | 0.01 | | $ | 0.03 | | Diluted | | $ | (0.00) | | $ | (0.01) | | $ | (0.00) | | $ | (0.01) | |
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