2. Net Loss Per Share

9 Months Ended

Sep. 30, 2018

Notes

2. Net Loss Per Share

2. Net (Loss) Income Per Share

The calculation of net loss per share follows:

	Three Months Ended September 30, 2018	Three Months Ended September 30, 2017	Nine Months Ended September 30, 2018	Nine Months Ended September 30, 2017
Basic:
Net (loss) income available to common shareholders	$ (56,879)	$ 28,623	$ (406,951)	$ (289,295)
Average common shares outstanding-basic	826,921	826,921	826,921	826,921
Net (loss) income per share-basic	$ (0.07)	$ 0.03	$ (0.49)	$ (0.35)
Diluted:

Average common shares-diluted	826,921	826,921	826,921	826,921
Net (loss) income per share-diluted	$ (0.07)	$ 0.03	$ (0.49)	$ (0.35)

The preferred stock is non-cumulative and the Company is restricted from paying dividends.  Therefore, no effect of the preferred stock is included in the loss per share calculations.