NOTE 14 - LOSS PER SHARE

3 Months Ended

Mar. 31, 2012

Earnings Per Share [Abstract]

NOTE 14 - LOSS PER SHARE

NOTE 14 – 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 Three Months Ended March 31,
	2012	2011
Net loss attributable to CHWG	(363,533)	(163,302)
Weighted average common shares	169,133,450	160,869,561
(denominator for basic income per share)
Effect of dilutive securities:
Weighted average common shares	169,133,450	160,869,561
(denominator for diluted income per share)
Basic loss per share	$ (0.00)	$ (0.01)
Diluted loss per share	$ (0.00)	$ (0.01)

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