For the three months ended

February 28, 2014

February 28, 2013

Basic:

Numerator: net income (loss)

$

(258,312

)

$

819,254

Denominator: average number of common shares outstanding

4,046,552

4,035,052

Basic earnings (loss) per common share

$

(0.06

)

$

0.20

Diluted:

Numerator: net income (loss)

$

(258,312

)

$

819,254

Average number of common shares outstanding

4,046,552

4,035,052

Effect of dilutive stock options

0

12,082

Denominator: dilutive average number of common shares outstanding

4,046,552

4,047,134

Diluted earnings (loss) per common share

$

(0.06

)

$

0.20