EX-11 2 dex11.htm EXHIBIT 11 -- COMPUTATION OF EARNINGS PER SHARE Exhibit 11 -- Computation of earnings per share

Exhibit 11

Computation of Earnings per Share

 

     Three Months
Ended
June 30, 2009
    Six Months
Ended
June 30, 2009
 

(Loss) available to common stockholders

   $ (3,590,580   $ (3,152,980

Weighted average shares outstanding

     4,935,542        4,935,542   

Basic (loss) per share

   $ (0.73   $ (0.64

(Loss) for diluted (loss) per share

   $ (3,590,580   $ (3,152,980

Total weighted average common shares and equivalents outstanding for diluted computation

     4,935,542        4,935,542   

Diluted (loss) per share

   $ (0.73   $ (0.64