EARNINGS (LOSS) PER SHARE

9 Months Ended

Sep. 30, 2011

8. EARNINGS (LOSS) PER SHARE

The Company has calculated the loss allocable to the common shareholders for the periods ended September 30, 2011 and 2010:

	For the Quarters Ended						For the Nine Months Ended
	Sept 30, 2011			Sept 30, 2010			Sept 30, 2011			Sept 30, 2010
Numerator:
Net Loss	$	(614,694	)	$	(515,686	)	$	(1,844,812	)	$	(1,423,933	)
Numerator for basic and diluted	$	(614,694	)	$	(515,686	)	$	(1,844,812	)	$	(1,423,933	)

Denominator:
Weighted-average number of
common shares outstanding		108,419,466			77,950,697			108,419,466			77,950,697
	$	(0.01	)	$	(0.01	)	$	(0.02	)	$	(0.02	)