Note 10 - Earnings per Common Share

12 Months Ended

Sep. 30, 2012

Earnings Per Share [Text Block]

10. EARNINGS PER COMMON SHARE

The following table sets forth the computation of basic and diluted earnings per share.

	2012			2011			2010
Basic Loss Per Share
Loss available to common stockholders	$	(783,966	)	$	(672,535	)	$	(949,496	)
Shares denominator		1,372,812			1,248,095			1,248,095
Per share amount	$	(.57	)	$	(.54	)	$	(.76	)
Effect of Dilutive Securities
Average shares outstanding		1,372,812			1,248,095			1,248,095
Stock options		-			-			-
		1,372,812			1,248,095			1,248,095
Diluted Loss Per Share
Loss available to common stockholders	$	(783,966	)	$	(672,535	)	$	(949,496	)
Per share amount	$	(.57	)	$	(.54	)	$	(.76	)