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Loss Per Share
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Loss Per Share

Note 7 – Loss Per Share

 

The Company applies the guidance of Accounting Standards Codification 260 (“ASC 260”), Earnings Per Share (“EPS”) for all periods presented herein. Net loss per weighted average common share outstanding - basic and diluted - are computed based on the weighted average number of common shares outstanding for the period. The weighted average number of common shares outstanding for the years ended December 31, 2015 and 2014 was 405,096. Common share equivalents of 2,599,194 as of December 31, 2015 and 2,448,892 as of December 31, 2014 include outstanding convertible preferred shares, convertible notes payable and stock options, and are not included in net loss per weighted average common share outstanding—diluted as they would be anti-dilutive.

 

    For the year ended December 31,
    2015   2014
Numerator                
Net loss attributable to common shareholders   $ (67,271 )   $ (57,470 )
Denominator                
Weighted average common shares outstanding at December 31, 2015 and December 31, 2014 - basic and diluted     405,096       405,096  
Basic and Diluted EPS                
Net loss attributable to common shareholders – basic and diluted   $ (0.17 )   $ (0.14 )