EX-11 7 v216600_ex11.htm
Exhibit 11

   
Year Ended December 31,
 
   
2010
   
2009
 
Basic:
           
Weighted average shares outstanding
    15,749,465       16,202,254  
                 
Net loss
  $ (18,098 )   $ (10,951 )
                 
Basic loss per share
  $ (1.15 )   $ (0.68 )
                 
Diluted:
               
Weighted average shares outstanding
    15,749,465       16,202,254  
                 
Net effect of dilutive stock options and warrants based on the treasury stock method using the year-end market price, if higher than average market price
    -       -  
                 
Total
    15,749,465       16,202,254  
                 
Net loss
  $ (18,098 )   $ (10,951 )
                 
Diluted loss per share
  $ (1.15 )   $ (0.68 )