Quarterly report pursuant to Section 13 or 15(d)

7. Stockholders Equity Earnings (Details-EPS)

v3.4.0.3
7. Stockholders Equity Earnings (Details-EPS) - USD ($)
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Basic:    
Net income (loss) available to common stockholders $ (4,244,011) $ 483,959
Weighted average number of shares outstanding 14,816,586 11,937,530
Net income (loss) per share - Basic $ (.29) $ .04
Diluted:    
Net income (loss) available to common stockholders $ (4,244,011) $ 483,959
Interest expense on convertible debt, net of taxes 0 46,912
Diluted net income $ (4,244,011) $ 530,871
Weighted-average shares outstanding 14,816,586 11,937,530
Weighted-average equivalent shares options and warrants 0 354,901
Weighted-average equivalent shares from convertible debt 0 409,638
Diluted Shares Outstanding 14,816,586 12,809,335
Net income (loss) per share - Diluted $ (0.29) $ 0.04
Series C Preferred Stock [Member]    
Diluted:    
Weighted-average equivalent shares from convertible preferred stock 0 0
Series D Preferred Stock [Member]    
Diluted:    
Weighted-average equivalent shares from convertible preferred stock 0 73,643
Series E Preferred Stock [Member]    
Diluted:    
Weighted-average equivalent shares from convertible preferred stock 0 33,623