General form of registration statement for all companies including face-amount certificate companies

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
10 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Schedule of net income per common share

Basic earnings per share are computed on the weighted average of common shares outstanding during each year. Diluted earnings per share include only an increase in the weighted average shares by the common shares issuable upon exercise of employee and director stock options (See Note 6).

 

    Fiscal Year Ended  
    Ten Months
December 31, 2017
    Twelve Months
February 28, 2017
 
             
Net income/(loss)   $ 904,957     $ (534,999 )
                 
Weighted Average Outstanding Shares:                
Outstanding shares     37,897,632       37,830,581  
Option shares includable     547,850       47,620  
      38,445,482       37,878,201  
                 
Net income/(loss) per share                
Basic   $ 0.02     $ (0.01 )
Diluted   $ 0.02     $ (0.01 )