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NOTE 3 BASIC AND DILUTED NET LOSS PER COMMON SHARE
9 Months Ended
Sep. 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
 
 
 
September 30,
 
 
 
2017
   
2016
 
 
           
Numerator: Net loss
 
$
(370,249
)
 
$
(424,521
)
Denominator: Weighted average number of common shares outstanding
   
401,673,199
     
371,151,459
 
Basic and diluted net loss per common share
 
$
(0.00
)
 
$
(0.00
)

 
 
For the Nine Months Ended
 
 
 
September 30,
 
 
 
2017
   
2016
 
 
           
Numerator: Net loss
 
$
(1,622,122
)
 
$
(1,232,683
)
Denominator: Weighted average number of common shares outstanding
   
398,041,211
     
370,333,703
 
Basic and diluted net loss per common share
 
$
(0.00
)
 
$
(0.00
)

Common stock equivalents, consisting of options to purchase 20,315,000 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, and a warrant to purchase 750,000 shares of common stock at a specified price have not been included in the calculation as their effect is antidilutive for the periods presented.