Earnings (Loss) Per Share (EPS)

3 Months Ended

Mar. 31, 2012

Earnings (Loss) Per Share (EPS)

3. Earnings (Loss) Per Share (EPS)

Following is the computation of basic and diluted net income (loss) per share for the three month periods ended March 31, 2012 and 2011:

	March 31
	2012			2011
Numerator - net income (loss)	$	(83,253	)	$	(141,076	)
Denominator - weighted average number of common shares outstanding		63,075,122			63,075,122
Basic and diluted net income (loss) per common share	$	(0.00	)	$	(0.00	)

Potentially dilutive shares of common stock were anti-dilutive for the three month periods ended March 31, 2012 and 2011, and consisted of 12,900,000 shares of common stock issuable under warrants during the three month period ended March 31, 2011 (none for the three month period ended March 31, 2012).