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QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]
12.
Quarterly Financial Information (Unaudited):
The following table summarizes selected quarterly data for the years ended December 31, 2015 and 2014:
 
 
 
First
 
Second
 
Third
 
Fourth
 
Full
 
 
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
Year
 
 
 
 
 
 
 
 
 
 
 
 
 
2015:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
5,500
 
$
-0-
 
$
-0-
 
$
-0-
 
$
5,500
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Expenses
 
 
(30,701)
 
 
(32,249)
 
 
(81,984)
 
 
(247,150)
 
 
(392,084)
 
Net Gain(Loss)
 
 
(25,201)
 
 
(32,249)
 
 
(81,984)
 
 
(247,150)
 
 
(386,584)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net gain(loss) per common share
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic and Diluted
 
$
(0.00)
 
$
(0.00)
 
$
(0.01)
 
$
(0.02)
 
$
(0.02)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2014:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
 
$
16,500
 
$
16,500
 
$
16,500
 
$
16,500
 
$
66,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Expenses
 
 
(129,605)
 
 
(72,413)
 
 
(51,401)
 
 
(72,895)
 
 
(326,314)
 
Net Gain(Loss)
 
 
(113,105)
 
 
(55,913)
 
 
(34,901)
 
 
(56,395)
 
 
(260,314)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net gain(loss) per common share
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic and Diluted
 
$
(0.01)
 
$
(0)
 
$
(0)
 
$
(0)
 
$
(0.02)