15. Earnings Per Share Computation

12 Months Ended

Dec. 31, 2013

Notes

15. Earnings Per Share Computation

15.  EARNINGS PER SHARE COMPUTATION

Net loss per common share is calculated as follows:

	Year ended December 31, 2013
	Loss	Shares	Per share
	(numerator)	(denominator)	amount
Net loss	$(668,898)
Basic  EPS
Loss attributable to common stockholders	$(668,898)	1,068,588	$(0.63)
Diluted EPS
Loss attributable to common stockholders	$(668,898)	1,068,588	$(0.63)

	Year ended December 31, 2012
	Loss	Shares	Per share
	(numerator)	(denominator)	amount
Net loss	$(1,016,247)
Basic  EPS
Loss attributable to common stockholders	$(1,016,247)	1,068,588	$(0.95)
Diluted EPS
Loss attributable to common stockholders	$(1,016,247)	1,068,588	$(0.95)

There were no common stock equivalents for the years December 31, 2013 and 2012.

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 earnings per share calculations.