Net income (loss) per share

9 Months Ended

Sep. 30, 2014

Net income (loss) per share

Note 3. Net income (loss) per share

Net income (loss) per share is based upon the weighted average number of common and common equivalent shares outstanding during the period. The Company’s basic and diluted calculations of earnings per share (“EPS”) are the same because the exercise of options is not assumed in calculating diluted EPS, as the result would be anti-dilutive. The Company has included in the calculations of common shares to be issued to Robert J. Angerer, Sr. for advances made through September 30, 2014.