Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE INFORMATION (Tables)

v3.5.0.2
EARNINGS (LOSS) PER SHARE INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
 
 
 
For The Three Months
 
For The Six Months
 
 
 
Ended June 30,
 
Ended June 30,
 
 
 
2016
 
2015
 
2016
 
2015
 
Net Loss
 
$
(15,941,500)
 
$
534,167
 
$
(31,216,544)
 
$
(441,457)
 
Basic Weighted-Average Shares Outstanding
 
 
38,625,307
 
 
26,121,822
 
 
34,509,833
 
 
25,935,204
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Stock options
 
 
-
 
 
1,050,776
 
 
-
 
 
-
 
Diluted Weighted-Average Shares Outstanding
 
 
38,625,307
 
 
27,172,598
 
 
34,509,833
 
 
25,935,204
 
Basic Earnings (Loss) per Share
 
$
(0.41)
 
$
0.02
 
$
(0.90)
 
$
(0.02)
 
Diluted Earnings (Loss) per Share
 
$
(0.41)
 
$
0.02
 
$
(0.90)
 
$
(0.02)