Quarterly report pursuant to Section 13 or 15(d)

LOSS PER SHARE

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LOSS PER SHARE
9 Months Ended
Sep. 30, 2011
LOSS PER SHARE  
LOSS PER SHARE

NOTE 14 – LOSS PER SHARE

 

Loss per common share is based upon the weighted average number of common shares outstanding during the period.  Diluted loss per common share is the same as basic loss per share, as the effect of potentially dilutive securities (Convertible debt – 5,512,956 shares and 6,622,000 shares at September 30, 2011 and 2010, respectively; and warrants – 17,657,333 shares and 16,840,985 shares at September 30, 2011 and 2010, respectively) is anti-dilutive.