(3) Net Income(loss) Per Share Of Common Stock

3 Months Ended

Feb. 29, 2012

Notes To Financial Statements

Earnings Per Share [Text Block]

(3)           Net Income (Loss) Per Share of Common Stock

Basic net income per common share has been computed on the basis of the weighted average number of common shares outstanding.  Diluted net income per share has been computed on the basis of the weighted average number of common shares outstanding plus equivalent shares assuming exercise of stock options.

Basic and diluted earnings per common share have been computed based on the following as of February 29, 2012 and February 28, 2011:

	For the three months ended
	February 29, 2012		February 28, 2011
Basic:
Numerator, net income	$	193,498	$	(484,577	)
Denominator: Average number of common shares outstanding		4,028,193		4,010,068
Basic earnings per common share	$	0.05	$	(0.12	)
Diluted:
Numerator, net income	$	193,498	$	(484,577	)
Denominator: Average number of common shares outstanding		4,028,193		4,010,068
Effect of dilutive stock options		17,932		0
		4,046,125		4,010,068
Diluted earnings per common share	$	0.05	$	(0.12	)