Annual report pursuant to Section 13 and 15(d)

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

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NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2018
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, director and consultant stock options (See Note 6).

 

    Fiscal Year Ended  
    Twelve Months
December 31, 2018
  Ten Months
December 31, 2017
 
           
Net income   $ 910,570   $ 904,957  
               
Weighted Average Outstanding Shares:              
Outstanding shares     38,128,260     37,897,632  
Option shares includable     793,362     547,850  
      38,921,622     38,445,482  
               
Net income per share              
Basic   $ 0.02   $ 0.02  
Diluted   $ 0.02   $ 0.02