NOTE 17 - LOSS PER SHARE

12 Months Ended

Dec. 31, 2011

Earnings Per Share [Abstract]

NOTE 17 - LOSS PER SHARE

NOTE 17 – LOSS PER SHARE

The Company presents loss per share on a basic and diluted basis. Basic loss per share is computed by dividing net loss by the weighted average number of common shares outstanding. Diluted loss per share is computed by dividing net loss by the weighted average number of common shares outstanding including the dilutive effect of equity securities. The weighted average number of shares calculated for diluted loss per share excludes the potential common stock that would be exercised under the warrants granted to investors because of their anti-dilutive effect.

	For the Years Ended December 31,
	2011	2010
Net loss attributable to CHWG	$      (1,077,671)	$     (8,003,910)
Weighted average common shares	167,095,779	139,383,450
(denominator for basic loss per share)
Effect of dilutive securities:	-	-
Weighted average common shares	167,095,779	139,383,450
(denominator for diluted loss per share)
Basic loss per share	$                (0.01)	$                (0.06)
Diluted loss per share	$                (0.01)	$                (0.06)

As the April Warrants are anti-dilutive, they are being excluded from the calculation of diluted loss per share.