EARNINGS (LOSS) PER COMMON SHARE

9 Months Ended

Sep. 30, 2012

Notes to Financial Statements

NOTE 13 - EARNINGS (LOSS) PER COMMON SHARE

Basic loss per share is calculated based on the weighted-average number of outstanding common shares. For the nine-month period ended September 30, 2012 and September 30, 2011, the fully diluted weighted average number of shares is the same as the basic weighted average number of shares as the conversion of debt, options and warrants would be anti-dilutive.

Net loss per share for the period ending:

	September 30, 2012			September 30, 2011
Net Income/Loss	$	(731,363	)	$	(67,785	)
Weighted number of common shares outstanding – basic and fully diluted		46,705,045			39,055,111
Loss per share – basic and fully diluted	$	(0.02	)	$	(0.00	)