Annual report pursuant to Section 13 and 15(d)

Earnings Per Share of Common Stock

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Earnings Per Share of Common Stock
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share of Common Stock

NOTE 7. EARNINGS PER SHARE OF COMMON STOCK

The following table sets forth the computation of basic and diluted earnings per common share for the years ended December 31, 2013, 2012 and 2011. Earnings per share is computed using the weighted average number of shares outstanding during the respective periods.

 

     For the Years Ended December 31,  
     2013     2012      2011  

Net (loss) income

    $ (1,224,683 )    $ 600,373       $ 6,219   

Weighted average shares of common stock outstanding - basic and diluted

      6,214,557        2,750,000         2,750,000   
  

 

 

    

 

 

     

 

 

  

Basic & diluted (loss) earnings per common share

    $ (0.20 )    $ 0.22       $ 0.00