Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2016

Significant Accounting Policies Tables

Computation of basic and diluted net loss per share

Following is the computation of basic and diluted net loss per share for the three and nine months ended September 30, 2016 and 2015:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016			2015
Basic and Diluted EPS Computation
Numerator:
Loss available to common stockholders'	$	(302,636	)	$	(297,030	)	$	(1,610,880	)	$	(778,158	)
Denominator:
Weighted average number of common shares outstanding		69,955,847			67,704,921			69,695,772			67,048,351
Basic and diluted EPS	$	(0.00	)	$	(0.00	)	$	(0.02	)	$	(0.01	)
The shares listed below were not included in the computation of diluted losses per share because to do so would have been antidilutive for the periods presented:
Stock options		445,000			207,500			445,000			207,500
Warrants		7,380,503			8,970,000			7,380,503			8,970,000
Convertible debt		623,067			-			623,067			-
Total shares not included in the computation of diluted losses per share		8,448,570			9,177,500			8,448,570			9,177,500