Quarterly report pursuant to Section 13 or 15(d)

LOSS PER SHARE (Tables)

v2.4.1.9
LOSS PER SHARE (Tables)
3 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
A summary of the net income (loss) and shares used to compute net income (loss) per share for the three months ended December 31, 2014 and 2013 is as follows:
 
 
 
Three months ended
 
 
 
December 31,
 
 
 
2014
 
2013
 
Net income (loss) for computation of basic net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(873,700)
 
$
138,700
 
From discontinued operations
 
$
(900)
 
$
(3,600)
 
Net income (loss)
 
$
(874,600)
 
$
135,100
 
Basic net income (loss) per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(0.01)
 
$
0.00
 
From discontinued operations
 
$
(0.00)
 
$
(0.00)
 
Basic net income (loss) per share
 
$
(0.01)
 
$
0.00
 
Net income (loss) for computation of dilutive net loss per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(873,700)
 
$
138,700
 
From discontinued operations
 
$
(900)
 
$
(3,600)
 
Net income (loss)
 
$
(874,600)
 
$
135,100
 
Diluted net income (loss) per share:
 
 
 
 
 
 
 
From continuing operations
 
$
(0.01)
 
$
0.00
 
From discontinued operations
 
$
(0.00)
 
$
(0.00)
 
Basic net income (loss) per share
 
$
(0.01)
 
$
0.00
 
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
 
101,667,409
 
 
95,047,482
 
Dilutive common equivalent shares
 
 
-
 
 
12,800,483
 
Diluted weighted average common shares
 
 
101,667,409
 
 
107,847,965
 
 
 
 
 
 
 
 
 
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:
 
 
 
 
 
 
 
Convertible debt
 
 
1,650,000
 
 
-
 
Warrants
 
 
939,404
 
 
-
 
Options
 
 
12,417,499
 
 
-