4. Loss Per Share

3 Months Ended

Mar. 31, 2014

Loss per common share:

4. Loss Per Share

Basic loss per share excludes dilution and is computed by dividing loss available to common shareholders by the weighted-average number of shares outstanding for the period. Diluted loss per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock, except for periods when the Company reports a net loss because the inclusion of such items would be antidilutive.

The following is a reconciliation of the amounts used in calculating basic and diluted net loss per common share:

	Net				Per Share
	Income			Shares	Amount
Basic net loss per common share for the
three months ended March 31, 2014:
Loss available to common stockholders	$	(97,519	)	11,201,760	$	(0.01	)
Effect of dilutive stock options		-		-		-
Diluted net loss per common share for the
three months ended March 31, 2014	$	(97,519	)	11,201,760	$	(0.01	)
Basic net loss per common share for the
three months ended March 31, 2013:
Loss available to common stockholders	$	(52,141	)	11,201,760	$	(0.00	)
Effect of dilutive stock options		-		-		-
Diluted net loss per common share for the
three months ended March 31, 2013	$	(52,141	)	11,201,760	$	(0.00	)