Earnings Per Share [Text Block] |
NOTE 2
– NET INCOME (LOSS) PER COMMON SHARE
The
Company’s basic income per common share is based on net
income for the relevant period, divided by the weighted
average number of common shares outstanding during the
period. Diluted income per common share is based
on net income, divided by the weighted average number of
common shares outstanding during the period, including common
share equivalents, such as outstanding option, warrants and
beneficial conversion of related party accounts. The
computation of diluted loss per share for the nine months
ended September 30, 2012 does not include share
equivalents in the amount of 17,504,000 as they would have an
anti-dilutive effect on the earnings resulting from the
Company’s net loss position for these
periods.
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Three
Months Ended
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Three
Months Ended
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September
30, 2012
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September
30, 2011
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Basic
net income (loss) per share attributable
to common shareholders computation:
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Net
income (loss) attributable to common
stockholders
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Weighted-average
common shares outstanding
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Basic
net income (loss) per share attributable to common
Stockholders
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Diluted
net income (loss) per share attributable to common
shareholders computation
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Net
income (loss) attributable to common
stockholders
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Weighted-average
common shares outstanding
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Incremental
shares attributable to the common
stock equivalents
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Total
adjusted weighted-average shares
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Diluted
net income (loss) per share attributable to
common Stockholders
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Nine
Months Ended
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Nine
Months Ended
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September
30, 2012
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September
30, 2011
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Basic
net income (loss) per share attributable
to common shareholders computation:
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Net
income (loss) attributable to common
stockholders
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Weighted-average
common shares outstanding
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Basic
net income (loss) per share attributable to common
Stockholders
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Diluted
net income (loss) per share attributable to common
shareholders computation
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Net
income (loss) attributable to common
stockholders
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Weighted-average
common shares outstanding
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Incremental
shares attributable to the common
stock equivalents
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Total
adjusted weighted-average shares
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Diluted
net income (loss) per share attributable to
common Stockholders
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