EARNINGS PER SHARE

3 Months Ended

Dec. 31, 2011

Notes to Financial Statements

EARNINGS PER SHARE

H.           EARNINGS PER SHARE

The Company’s diluted earnings per share (EPS) are as follows for December 31, 2011 and 2010.  For the three months ended December 31, 2011 and 2010, the computation of dilutive net loss per share excluded options and warrants to purchase approximately 11,419,000 and 23,300,000 shares of common stock because their inclusion would have an anti-dilutive effect.

	Three Months Ended December 31, 2011
				Weighted average
	Net Loss			Shares		EPS
Basic Earnings per Share	$	(4,156,833	)		228,568,435	$	(0.02	)
Derivative liabilities gain		(956,470	)
Dilutive EPS	$	(5,113,303	)		228,568,435	$	(0.02	)

	Three Months Ended December 31, 2010
				Weighted average
	Net Loss			Shares		EPS
Basic and Dilutive Earnings per Share	$	(6,250,952	)		205,112,418	$	(0.03	)