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Note 7 - Stock Options
3 Months Ended
Jun. 30, 2012
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]
Note 7 – Stock Options

The Company adopted FASB ASC 718, utilizing the modified prospective method.  FASB ASC 718 requires the measurement of stock-based compensation based on the fair value of the award on the date of grant.  Under the modified prospective method, the provisions of ASC 718 apply to all awards granted after the date of adoption.  The Company recognizes compensation cost on awards on a straight-line basis over the vesting period, typically four years.  As a result of adopting ASC 718, operations was charged $22,277 and $24,231 for three months ended June 30, 2012 and 2011, respectively.  The Company estimates the fair value of each option using the Black Scholes option-pricing model. The Company did not grant any options during the three months ended June 30, 2012 and 2011.