Earnings per share
Basic earnings per share are computed by dividing
income available to common shareholders of the Company by the weighted average common shares outstanding during the period. Diluted earnings
per share takes into account the potential dilution that could occur if securities or other contracts to issue common shares were exercised
and converted into common shares. 9,079,348 and 10,500,000 of outstanding warrants which is equivalent to convertible of 4 ,539,674 and
5,250,000 common shares were excluded from the diluted earnings per share calculation due to its antidilutive effect for the nine months
ended September 30, 2021 and 2020, respectively. 824,000 of outstanding options were excluded from the diluted earnings per share calculation
due to its antidilutive effect for the nine months ended September 30, 2021 and 2020.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
JM Global Holding Co Just Filed Its Quarterly Report: Earnings per share B... - May 16, 2022
Other preliminary proxy statements - May 13, 2022
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or - May 6, 2022