| Reconciliation of Earning per Share |
The following is a reconciliation of the amounts
used in calculating basic and diluted net loss per common share.
| |
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| |
|
Net Loss |
|
|
Shares |
|
|
Per Share
Amount
|
|
| Basic net loss per common share for the |
|
|
|
|
|
|
|
|
|
| three months ended June 30, 2014: |
|
|
|
|
|
|
|
|
|
| Loss available to common stockholders |
|
$ |
(161,299 |
) |
|
|
11,201,760 |
|
|
$ |
(0.01 |
) |
| Effect of dilutive stock options |
|
|
-- |
|
|
|
-- |
|
|
|
-- |
|
| Diluted net loss per common share for the |
|
|
|
|
|
|
|
|
|
|
|
|
| three months ended June 30, 2014: |
|
$ |
(161,299 |
) |
|
|
11,201,760 |
|
|
$ |
(0.01 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Basic net loss per common share for the |
|
|
|
|
|
|
|
|
|
|
|
|
| three months ended June 30, 2013: |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss available to common stockholders |
|
$ |
(136,519 |
) |
|
|
11,201,760 |
|
|
$ |
(0.01 |
) |
| Effect of dilutive stock options |
|
|
-- |
|
|
|
-- |
|
|
|
-- |
|
| Diluted net loss per common share for the |
|
|
|
|
|
|
|
|
|
|
|
|
| three months ended June 30, 2013: |
|
$ |
(136,519 |
) |
|
|
11,201,760 |
|
|
$ |
(0.01 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Basic net loss per common share for the |
|
|
|
|
|
|
|
|
|
|
|
|
| six months ended June 30, 2014: |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss available to common stockholders |
|
$ |
(258,818 |
) |
|
|
11,201,760 |
|
|
$ |
(0.02 |
) |
| Effect of dilutive stock options |
|
|
-- |
|
|
|
-- |
|
|
|
-- |
|
| Diluted net loss per common share for the |
|
|
|
|
|
|
|
|
|
|
|
|
| six months ended June 30, 2014: |
|
$ |
(258,818 |
) |
|
|
11,201,760 |
|
|
$ |
(0.02 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Basic net loss per common share for the |
|
|
|
|
|
|
|
|
|
|
|
|
| six months ended June 30, 2013: |
|
|
|
|
|
|
|
|
|
|
|
|
| Loss available to common stockholders |
|
$ |
(188,660 |
) |
|
|
11,201,760 |
|
|
$ |
(0.02 |
) |
| Effect of dilutive stock options |
|
|
-- |
|
|
|
-- |
|
|
|
-- |
|
| Diluted net loss per common share for the |
|
|
|
|
|
|
|
|
|
|
|
|
| six months ended June 30, 2013: |
|
$ |
(188,660 |
) |
|
|
11,201,760 |
|
|
$ |
(0.02 |
) |
| |
|
|
|
|
|
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|