Net Loss per Common Share

9 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Net Loss per Common Share

6. Net Loss per Common Share

Basic loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period, without considering any dilutive items. Diluted net loss per common share is computed by dividing net loss by the sum of the weighted average number of common shares outstanding and the potential number of any dilutive common shares outstanding during the period. Potentially dilutive securities consist of the incremental common stock issuable upon exercise of stock options and convertible notes. Potentially dilutive securities are excluded from the computation if their effective is anti-dilutive. During the periods ended September 30, 2015 and 2014, there were no dilutive securities. The numerators and denominators used in computing basic and diluted net loss per common share for the three and nine months ended September 30, 2015 and 2014 are as follows:

	Three months ended September 30,
	2015			2014
Net loss (numerator)	$	(1,412,612	)	$	(251,577	)
Weighted average shares (denominator)		45,829,783			32,000,000
Basic and diluted net loss per common share	$	(0.03	)	$	(0.01	)

	Nine months ended September 30,
	2015			2014
Net loss (numerator)	$	(2,931,690	)	$	(267,088	)
Weighted average shares (denominator)		45,630,962			32,000,000
Basic and diluted net loss per common share	$	(0.06	)	$	(0.01	)