Note 7 - Net Loss Per Share

12 Months Ended

Dec. 31, 2011

Notes To Financial Statements

Earnings Per Share [Text Block]

7.         NET LOSS PER SHARE

Basic net loss per share is computed using the weighted average number of the common share outstanding during the year. The dilutive effect of potential common shares outstanding is included in diluted net loss per share. The following table sets forth the computation of basic and diluted net loss per share for the years indicated:

	Years ended December 31,
	2011				2010
Net loss attributable to common stockholders		$	(539,106	)		$	(824,575	)
Weighted average common shares outstanding			1,996,355				1,996,355
Basic and diluted net loss per share		$	(0.27	)		$	(0.41	)

Since the Company reported a net loss for the years ended December 31, 2011 and 2010, all potential common shares have been excluded from the computation of the dilutive net loss per share for all periods presented because the effect would have been anti-dilutive.