NOTE 3 BASIC AND DILUTED NET LOSS PER COMMON SHARE

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

NOTE 3     BASIC AND DILUTED NET LOSS PER COMMON SHARE

The computations of basic and diluted net loss per common share are based on the weighted average number of common shares outstanding during the periods as follows:

	For the Three Months Ended
	September 30,
	2016				2015
Numerator: Net loss		$	(424,521	)		$	(798,136	)
Denominator: Weighted average number of common shares outstanding			371,151,459				358,036,242
Basic and diluted net loss per common share		$	(0.00	)		$	(0.00	)

	For the Nine Months Ended
	September 30,
	2016				2015
Numerator: Net loss		$	(1,232,683	)		$	(1,592,144	)
Denominator: Weighted average number of common shares outstanding			370,333,703				352,368,867
Basic and diluted net loss per common share		$	(0.00	)		$	(0.00	)

Common stock equivalents, consisting of options to purchase 20,865,000 shares and warrants to purchase up to $1,000,000 of common stock, with the number of shares determined based on a 20-day average stock price prior to the date of exercise, have not been included in the calculation as their effect is antidilutive for the periods presented.