Net Loss Per Share

12 Months Ended

Dec. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 7 – Net Loss Per Share

Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share is computed by dividing net loss by the weighted average number of shares of common stock and common stock equivalents outstanding during the period.

Common stock equivalents of 606,000 and 12,125,000 were not considered in calculating diluted net loss per common share for the years ended December 31, 2012 or 2011, respectively, as their effect would be anti-dilutive.