2. Net Loss Per Share

3 Months Ended

Mar. 31, 2014

Notes

2. Net Loss Per Share

2. Net Loss Per Share

The calculation of net loss per share follows:

	Three Months Ended  March 31, 2014	Three Months Ended March 31, 2013
Basic:
Net loss available to common shareholders	(221,253)	(338,789)
Average common shares outstanding-basic	1,068,588	1,068,588
Net loss per share-basic	(0.21)	(0.32)
Diluted:
Average common shares-diluted	1,068,588	1,068,588
Net loss per share-diluted	(0.21)	(0.32)

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.