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LOSS PER SHARE
9 Months Ended
Sep. 30, 2011
LOSS 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

September 30,

 

For the Nine Months Ended

September 30,

 

 

2011

 

2010

 

2011

 

2010

 

 

 

 

 

 

 

 

 

Loss from continuing operations

 

 

 

 

 

 

 

 

applicable to common

 

 

 

 

 

 

 

 

stockholders (numerator)

$

(8,213)

$

(3,293)

$

(18,485)

$

 (12,742)

 

 

 

 

 

 

 

 

 

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.