EARNINGS (LOSS) PER SHARE

12 Months Ended

Dec. 31, 2011

Earnings Per Share [Abstract]

EARNINGS (LOSS) PER SHARE

9. EARNINGS (LOSS) PER SHARE

The Company has calculated the loss allocable to the common shareholders for the 2011 and 2010 as follows:

	2011			2010
Numerator:
Net Loss	$	(2,534,444	)	$	(1,923,543	)
Numerator for basic and diluted	$	(2,534,444	)	$	(1,923,543	)
Denominator:
Weighted-average number of
common shares outstanding		108,447,365			72,838,487
	$	(0.02	)	$	(0.03	)

The Company did not include the common stock equivalents related to stock options or warrants, as the effect would have been anti-dilutive in 2011 and 2010.