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Earnings Per Share
3 Months Ended
Jun. 30, 2011
Earnings Per Share  
Earnings Per Share [Text Block]

NOTE 5 - LOSS PER SHARE

 

The following data show the amounts used in computing loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

For the Three

Months Ended

June 30,

 

For the Six

Months Ended

June 30,

 

 

2011

 

2010

 

2011

 

2010

 

 

 

 

 

 

 

 

 

Loss from continuing operations applicable to common stockholders (numerator)

$

(3,597)

$

(3,639)

$

(10,272)

$

(9,449)

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding used in loss per share calculation during the period (denominator)

 

11,000,000

 

11,000,000

 

11,000,000

 

11,000,000

 

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.