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Note 7 - Net Loss Per Share
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
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,

 
   

2012

   

2011

 
                 

Net loss attributable to common stockholders

  $ (175,137 )   $ (539,106 )
                 

Weighted average common shares outstanding

    1,996,355       1,996,355  
                 

Basic and diluted net loss per share

  $ (0.09 )   $ (0.27 )

Since the Company reported a net loss for the years ended December 31, 2012 and 2011, 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.