Earnings (Loss) Per Share (EPS) (Tables)

6 Months Ended

Jun. 30, 2012

Reconciliation of Basic Weighted Shares Outstanding to Diluted Weighted Average Shares Outstanding

Following is the computation of basic and diluted net income (loss) per share for the three and six month periods ended June 30, 2012 and 2011:

	Three Months Ended June 30				Six Months Ended June 30
	2012		2011		2012		2011
Basic weighted average shares outstanding		63,075,122		63,075,122		63,075,122		63,075,122
Effect of dilutive securities – warrants		-		2,594,298		-		1,372,384
Diluted weighted average shares outstanding		63,075,122		65,669,420		63,075,122		64,447,506