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

9 Months Ended

Sep. 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 nine months ended September 30, 2017 and 2016:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2017			2016			2017			2016
Basic and Diluted EPS Computation
Numerator:
Loss available to common stockholders'	$	(851,446	)	$	(302,636	)	$	(2,693,646	)	$	(1,610,880	)
Denominator:
Weighted average number of common shares outstanding		75,123,280			69,955,847			73,837,107			69,695,772
Basic and diluted EPS	$	(0.01	)	$	(0.00	)	$	(0.04	)	$	(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			445,000			545,000			445,000
Warrants		2,689,158			7,380,503			2,689,158			7,380,503
Convertible debt		647,813			623,067			647,813			623,067
Total shares not included in the computation of diluted losses per share		3,881,971			8,448,570			3,881,971			8,448,570