16. NET INCOME (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 2014

Net Income Loss Per Share Tables

Schedule of basic and diluted earning per share

Basic and diluted net loss per common share is computed on the basis of our weighted average number of common shares outstanding, as determined by using the calculations outlined below:

		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
Loss from continuing operations		$	(2,265,345	)	$	(2,241,310	)	$	(4,126,551	)	$	(6,913,001	)
Loss on discontinued operations		$	(4,408,918	)	$	(263,204	)	$	(2,994,243	)	$	(1,007,558	)
Net loss		$	(6,674,263	)	$	(2,504,514	)	$	(7,120,794	)	$	(7,920,559	)
Weighted average shares of common stock			7,829,314			5,719,075			7,660,974			5,196,583
Dilutive effect of stock options			-			-			-			-
Restricted stock vested not issued			-			-			-			-
Common stock and common stock equivalents			7,829,314			5,719,075			7,660,974			5,196,583
	Loss from continuing operations per basic share	$	(0.29	)	$	(0.39	)	$	(0.54	)	$	(1.33	)
	Loss from continuing operations per diluted share	$	(0.29	)	$	(0.39	)	$	(0.54	)	$	(1.33	)
	Loss on discontinued operations per basic share	$	(0.56	)	$	(0.05	)	$	(0.39	)	$	(0.19	)
	Loss on discontinued operations per diluted share	$	(0.56	)	$	(0.05	)	$	(0.39	)	$	(0.19	)
	Net loss per basic share	$	(0.85	)	$	(0.44	)	$	(0.93	)	$	(1.52	)
	Net loss per diluted share	$	(0.85	)	$	(0.44	)	$	(0.93	)	$	(1.52	)