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NOTE 3 BASIC AND DILUTED NET LOSS PER COMMON SHARE
6 Months Ended
Jun. 30, 2017
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
 
 
 
June 30,
 
 
 
2017
   
2016
 
 
           
Numerator: Net loss
 
$
(269,653
)
 
$
(320,773
)
Denominator: Weighted average number of common shares outstanding
   
397,912,090
     
369,934,068
 
Basic and diluted net loss per common share
 
$
(0.00
)
 
$
(0.00
)

 
 
For the Six Months Ended
 
 
 
June 30,
 
 
 
2017
   
2016
 
 
           
Numerator: Net loss
 
$
(1,251,873
)
 
$
(808,162
)
Denominator: Weighted average number of common shares outstanding
   
396,144,013
     
369,920,332
 
Basic and diluted net loss per common share
 
$
(0.00
)
 
$
(0.00
)

Common stock equivalents, consisting of options to purchase 20,565,000 shares and warrants to purchase up to $1,000,000 of common stock, with the number of shares determined based on a 40% discount of the 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.