Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.5.0.2
EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted net income per share

The following table sets forth the computation of basic and diluted net income per share:

 

    For the Nine Months Ended
September 30,
    For the Three Months Ended
September 30,
 
    2016     2015     2016     2015  
                         
Net loss attributable to the common stockholders   $ (2,169,466 )   $ (1,441,170 )   $ (432,524 )   $ (816,558 )
                                 
Basic weighted average outstanding shares of common stock     34,397,726       30,635,846       34,397,185       31,720,609  
Dilutive effect of options and warrants     -       -       -       -  
Diluted weighted average common stock and common stock equivalents     34,397,726       30,635,846       34,397,185       31,720,609  
                                 
Loss per share:                                
Basic and diluted   $ (0.06 )   $ (0.05 )   $ (0.01 )   $ (0.03 )