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Note 2 - Basis of Presentation and Summary of Significant Accounting Policies: Loss Per Share (Policies)

9 Months Ended

Sep. 30, 2013

Loss Per Share

We calculate basic loss per share by dividing loss available to common stockholders by the weighted-average number of shares of common stock outstanding, excluding unvested stock. Diluted loss per share is computed similar to basic loss per share except that the denominator is increased to include the number of additional shares of common stock that would have been outstanding if the potential common shares, including unvested stock, had been issued and if the additional common shares were dilutive.

The following potentially dilutive shares of common stock are excluded from the computation of diluted net loss per share for all periods presented because the effect is anti-dilutive:

	Three months ended September 30,		Nine months ended September 30,
	2013	2012	2013	2012
Warrants	4,122,228	1,366,108	4,122,228	1,366,108
Convertible debt	1,152,223	374,346	1,152,223	374,346
Stock options	571,338	591,181	571,338	591,181
Unvested stock	275,989	168,500	275,989	168,500

Total potentially dilutive securities	6,121,778	2,500,135	6,121,778	2,500,135

- Definition

Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.

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