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3. Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share Tables  
Earnings Per Share

 

     Three Months Ended March 31, 2017  
   

 Income

(Numerator)

   

 Shares

(Denominator)

   

Per-Share

Amount

 
Net income   $ 192,543       20,783,032     $ .01  
                         
Effect of dilutive securities                        
    Options and warrants     -       248,046       -  
    Convertible notes     -       4,388,889       -  
                         
Diluted earnings per share                        
Net income per share with assumed conversions   $ 192,543       25,419,967     $ .01  

 

 

     Three Months Ended March 31, 2018  
   

 Income

(Numerator)

   

 Shares

(Denominator)

   

Per-Share

Amount

 
Net income   $ 402,549       20,869,689     $ .02  
                         
Effect of dilutive securities                        
    Options and warrants     -       920,051          
    Convertible notes     65,168       4,600,000     ____  
                         
Diluted earnings per share                        
Net income per share with assumed conversions   $ 467,717       26,389,740     $ .02