| Schedule of calculation of numerator and denominator in earnings per share |
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For the Quarters Ended
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For the Nine Months Ended
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September 30, 2012
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September 30, 2011
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September 30, 2012
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September 30, 2011
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Numerator:
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Net Loss
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$ |
(480,626 |
) |
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$ |
(242,793 |
) |
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$ |
(1,967,951 |
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$ |
(1,472,883 |
) |
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Numerator for basic and diluted
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$ |
(480,626 |
) |
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$ |
(242,793 |
) |
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$ |
(1,967,951 |
) |
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$ |
(1,472,883 |
) |
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Denominator:
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Weighted-average number of
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common shares outstanding
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176,710,333 |
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108,419,466 |
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162,690,085 |
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104,962,483 |
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$ |
(0.01 |
) |
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$ |
(0.01 |
) |
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$ |
(0.01 |
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$ |
(0.01 |
) |
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