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)
6 Months Ended
Jun. 30, 2016
Notes to Financial Statements  
Reconciliation of Loss per Share
    Net Loss     Shares     Per Share Amount  
Basic net loss per common share for the three months ended June 30, 2016:                  
Loss available to common stockholders   $ (145,757 )     11,201,760     $ (0.01 )
Effect of dilutive stock options     -       -          
Diluted net loss per common share for the three months ended June 30, 2016   $ (145,757 )     11,201,760     $ (0.01 )
                         

 

Basic net loss per common share for the three months ended June 30, 2015:

 

                     
Loss available to common stockholders   $ (95,649 )     11,201,760     $ (0.01 )
Effect of dilutive stock options     -       -          
Diluted net loss per common share for the three months ended June 30, 2015   $ (95,649 )     11,201,760     $ (0.01 )

 

    Net Loss     Shares     Per Share Amount  
Basic net loss per common share for the six months ended June 30, 2016:                  
Loss available to common stockholders   $ (356,027 )     11,201,760     $ (0.03 )
Effect of dilutive stock options     -       -          
Diluted net loss per common share for the six months ended June 30, 2016   $ (356,027 )     11,201,760     $ (0.03 )
                         

 

Basic net loss per common share for the six months ended June 30, 2015:

 

                     
Loss available to common stockholders   $ (180,480 )     11,201,760     $ (0.02 )
Effect of dilutive stock options     -       -          
Diluted net loss per common share for the six months ended June 30, 2015   $ (180,480 )     11,201,760     $ (0.02 )