11. INCOME (LOSS) PER SHARE

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Note 11. INCOME (LOSS) PER SHARE

We present both basic and diluted loss per share (“LPS”) on the face of our consolidated statements of operations. Basic and diluted LPS are calculated as follows:

	2013		2012
Net loss	$	1,821,634	$	(1,084,448	)
Weighted average common shares outstanding:
Basic and diluted		13,169,991		13,169,991
Net loss per common share:
Basic and Diluted	$	0.14	$	(0.08	)

Certain stock options whose terms and conditions are described in Note 12, “Stock Options” could potentially dilute basic LPS in the future, but were not included in the computation of diluted LPS because to do so would have been anti-dilutive. Those anti-dilutive options are as follows.

	2013		2012
Anti-dilutive options		1,164,000		990,000

There were no preferred shares issued and outstanding during the years ended December 31, 2013 or 2012.