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Note 2 -basis of Presentation and Summary of Significant Accounting Policies: Basic and Diluted Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)
9 Months Ended
Sep. 30, 2013
Tables/Schedules  
Schedule of Earnings Per Share, Basic and Diluted

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

Numerator:

 

2013

 

 

2012

 

 

2013

 

 

2012

 

Net (loss) income applicable to China Logistics Group, Inc. shareholders

 

$        (135,432)

 

 

  $       (110,290)

 

 

  $       (441,591)

 

 

   $        229,291

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

     101,658,431 

 

 

       41,508,203 

 

 

       73,479,756 

 

 

       41,508,203

 

Series B convertible preferred stock

 

                          0 

 

 

                         0 

 

 

                         0 

 

 

         4,500,000

 

Denominator for diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average shares outstanding

 

     101,658,431 

 

 

       41,508,203 

 

 

       73,479,756 

 

 

       46,008,203

 

(Loss) earnings per common share - basic

 

$               (0.00)

 

 

  $              (0.00)

 

 

  $              (0.01)

 

 

   $               0.01

 

(Loss) earnings per common share - diluted

 

$               (0.00)

 

 

  $              (0.00)

 

 

  $              (0.01)

 

 

   $               0.00