Loss Per Share

3 Months Ended

Jun. 30, 2011

Earnings Per Share

Earnings Per Share [Text Block]

NOTE 4 – LOSS PER SHARE

The following data show the amounts used in computing loss per share and the effect on income and the weighted average number of shares of dilutive potential common stock for the periods ended June 30, 2011 and 2010:

		For the Three Months Ended June 30,				For the Six Months Ended June 30,
		2011		2010		2011		2010
Loss from continuing operations available to common stockholders (numerator)	$	(2,547)	$	(2,345)	$	(6,919)	$	(6,397)
Weighted average number of common shares outstanding  used in loss per share during the period (denominator)		749,350		749,350		749,350		749,350

Dilutive loss per share was not presented, as the Company had no common equivalent shares for all periods presented that would affect the computation of diluted loss per share.