Quarterly report pursuant to sections 13 or 15(d)

NOTE 5 - BUSINESS COMBINATION (Tables)

v2.4.0.6
NOTE 5 - BUSINESS COMBINATION (Tables)
6 Months Ended
Jun. 30, 2012
Business Acquisition, Pro Forma Information [Table Text Block]
The following table represents the unaudited consolidated pro forma results of operations for the six months ended June 30, 2012 and 2011 as if the acquisition occurred on January 1, 2011.

   
Six Months Ended June 30, 2012
   
Six Months Ended June 30, 2011
 
Net sales
 
$
6,575,266
   
$
7,283,176
 
Operating expenses
   
3,560,136
     
2,122,162
 
Income (loss) before taxes
   
(1,174,083
)
   
2,460,828 
 
Net income (loss)
 
$
(1,174,083
)
 
$
2,460,828
 
Basic income (loss) per common share
 
$
(0.01
)
 
$
0.55
 
Diluted income (loss) per common share
 
$
(0.01
)
 
$
0.02