Quarterly report pursuant to sections 13 or 15(d)

NOTE 2 - NET INCOME (LOSS) PER COMMON SHARE (Tables)

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NOTE 2 - NET INCOME (LOSS) PER COMMON SHARE (Tables)
 9 Months Ended
Sep. 30, 2012
Schedule of Earnings Per Share Reconciliation [Table Text Block]
Schedule of earnings per share reconciliation

   
Three Months Ended
   
Three Months Ended
 
   
September 30, 2012
   
September 30, 2011
 
Basic net income (loss)  per share attributable to common shareholders computation:
           
  Net income (loss) attributable to common stockholders
 
$
102,808
   
$
(24,652
)
  Weighted-average common shares outstanding
   
116,949,303
     
4,492,578
 
  Basic net income (loss) per share attributable to common Stockholders
 
$
0.00
   
$
(0.01
)
Diluted net income (loss) per share attributable to common shareholders computation
               
  Net income (loss) attributable to common stockholders
 
$
102,808
   
$
(24,652
)
  Weighted-average common shares outstanding
   
116,949,303
     
4,492,578
 
  Incremental shares attributable to the common stock  equivalents
   
14,334,652
     
-
 
  Total adjusted weighted-average shares
   
131,283,955
     
4,492,578
 
  Diluted net income (loss) per share attributable to common Stockholders
 
$
0.00
   
$
(0.01
)
   
Nine Months Ended
   
Nine Months Ended
 
   
September 30, 2012
   
September 30, 2011
 
Basic net income (loss)  per share attributable to common shareholders computation:
           
  Net income (loss) attributable to common stockholders
 
$
(939,414
)
 
$
2,706,201
 
  Weighted-average common shares outstanding
   
114,873,304
     
4,500,809
 
  Basic net income (loss) per share attributable to common Stockholders
 
$
(0.01
)
 
$
0.60
 
Diluted net income (loss) per share attributable to common shareholders computation
               
  Net income (loss) attributable to common stockholders
 
$
(939,414
)
 
$
2,706,201
 
  Weighted-average common shares outstanding
   
114,873,304
     
4,500,809
 
  Incremental shares attributable to the common stock  equivalents
   
-
     
101,277,181
 
  Total adjusted weighted-average shares
   
114,873,304
     
105,777,990
 
  Diluted net income (loss) per share attributable to common Stockholders
 
$
(0.01
)
 
$
0.03