Quarterly report pursuant to Section 13 or 15(d)

4. (Loss) Income Per Share (Tables)

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4. (Loss) Income Per Share (Tables)
9 Months Ended
Sep. 30, 2015
Notes to Financial Statements  
Reconciliation of Loss per Share

The following is a reconciliation of the amounts used in calculating basic and diluted net (loss) income per common share:

 

    Net Loss     Shares     Per Share Amount  
Basic net loss per common share for the three months ended September 30, 2015:                  
Loss available to common stockholders   $ (97,742 )     11,201,760     $ (0.01 )
Effect of dilutive stock options     -       -       -  
Diluted net loss per common share for the three months ended September 30, 2015   $ (97,742 )     11,201,760     $ (0.01 )
                         
Basic net income per common share for the three months ended September 30, 2014:                        
Income available to common stockholders   $ 27,988       11,201,760     $ 0.00  
Effect of dilutive stock options     -       145,347       -  
Diluted net income per common share for the three months ended September 30, 2014   $ 27,988       11,347,107     $ 0.00  

 

    Net Loss     Shares     Per Share Amount  
Basic net loss per common share for the nine months ended September 30, 2015:                        
Loss available to common stockholders   $ (278,222 )     11,201,760     $ (0.02 )
Effect of dilutive stock options     -       -       -  
Diluted net loss per common share for the nine months ended September 30, 2015   $ (278,222 )     11,201,760     $ (0.02 )
                         
Basic net loss per common share for the nine months ended September 30, 2014:                        
Loss available to common stockholders   $ (230,830 )     11,201,760     $ (0.02 )
Effect of dilutive stock options     -       -       -  
Diluted net loss per common share for the nine months ended September 30, 2014   $ (230,830 )     11,201,760     $ (0.02 )