| Three Months Ended | ||||||||
| August 31, | ||||||||
| 2011 | 2010 | |||||||
Item 6. |
||||||||
Weighted average shares outstanding —
Basic |
7,054,442 | 7,054,442 | ||||||
Net effect of dilutive stock |
||||||||
Options—based on the treasury stock method
using average market |
— | — | ||||||
Weighted average shares outstanding —
Diluted |
7,054,442 | 7,054,442 | ||||||
Net Income (Loss) |
$ | 399,294 | $ | (598,225 | ) | |||
Per share amount |
||||||||
Basic and Diluted |
$ | 0.06 | $ | (0.08 | ) | |||
| Nine Months Ended | ||||||||
| August 31, | ||||||||
| 2011 | 2010 | |||||||
Weighted average shares outstanding —
Basic |
7,054,442 | 7,054,442 | ||||||
Net effect of dilutive stock |
||||||||
Options—based on the treasury stock method
using average market |
— | — | ||||||
Weighted average shares outstanding —
Diluted |
7,054,442 | 7,054,442 | ||||||
Net Income (Loss) |
$ | 495,131 | $ | (967,260 | ) | |||
Per share amount |
||||||||
Basic and Diluted |
$ | 0.07 | $ | (0.14 | ) | |||