Basis of Presentation, Organization, Going Concern, Recent Accounting Pronouncements and Earnings (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2017

Basis Of Presentation Organization Going Concern Recent Accounting Pronouncements And Earnings Loss Per Share Tables

Summary of 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 six months ended June 30, 2017 and 2016:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2017			2016			2017			2016
Basic and Diluted EPS Computation
Numerator:
Loss available to common stockholders'	$	(1,270,376	)	$	(527,354	)	$	(1,842,200	)	$	(1,308,245	)
Denominator:
Weighted average number of common shares outstanding		74,653,184			69,955,847			73,174,724			69,561,676
Basic and diluted EPS	$	(0.02	)	$	(0.01	)	$	(0.03	)	$	(0.02	)
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		545,000			437,500			545,000			437,500
Warrants		2,228,908			6,796,087			2,228,908			6,796,087
Convertible debt		633,656			-			633,656			-
Total shares not included in the computation of diluted losses per share		3,407,564			7,233,587			3,407,564			7,233,587