| -NET INCOME/ (LOSS) PER COMMON SHARE |
NOTE G—NET INCOME/ (LOSS) PER COMMON SHARE The Company’s reconciliation of the numerators and denominators of the basic and fully diluted income per shares is as follows for the three months ended September 30, 2011 and 2010 are as follows: | For the three months ended: | September 30, 2011 | September 30, 2010 | | | Income | Shares | Per-Share | Income | Shares | Per-Share | | | (Numerator) | (Denominator) | Amount | (Numerator) | (Denominator) | Amount | | | | | | | | | | Net Income/(Loss) | $ (17,680) | | | $ (45,517) | | | | Basic EPS | | | | | | | | Income available to common stockholders | (17,680) | 36,311,640 | $ (0.00) | (45,517) | 35,758,297 | $ 0.00 | | Effect of Dilutive Securities | | | | | | | | Warrants | | | | | | | | Convertible preferred stock | | 29,713 | | | 29,713 | | | Diluted EPS | | | | | | | | Net Income/(Loss) | $ (17,680) | 36,341,353 | $ (0.00) | $ (45,517) | 35,788,010 | $ 0.00 | The Company’s reconciliation of the numerators and denominators of the basic and fully diluted income per shares is as follows for the nine months ended September 30, 2011 and 2010 are as follows: | For the nine months ended: | September 30, 2011 | September 30, 2010 | | | Income | Shares | Per-Share | Income | Shares | Per-Share | | | (Numerator) | (Denominator) | Amount | (Numerator) | (Denominator) | Amount | | | | | | | | | | Net Income/(Loss) | $ 104,361 | | | $ (462,333) | | | | Basic EPS | | | | | | | | Income available to common stockholders | 104,361 | 36,311,640 | $ 0.00 | (462,333) | 35,718,413 | $ 0.00 | | Effect of Dilutive Securities | | | | | | | | Warrants | | | | | | | | Convertible preferred stock | | 29,713 | | | 29,713 | | | Diluted EPS | | | | | | | | Net Income/(Loss) | $ 104,361 | 36,341,353 | $ 0.00 | $ (462,333) | 35,748,126 | $ 0.00 | |