NOTE 2—NET LOSS PER COMMON SHARE

Basic net loss per common share is computed by dividing net loss by the weighted average number of vested common shares outstanding during the period. A reconciliation of the numerator and denominator used in the calculation of basic and diluted net loss per common share follows:

	Three Months Ended September 30, 2011			Three Months Ended September 30, 2010
Numerator: Net Loss	$	(29,142	)		(27,324	)
Denominator: Weighted-average number of common shares outstanding		11,132,224			10,233,224
Basic and diluted net loss per common share	$	(0.00	)		(0.00	)

	Nine Months Ended September 30, 2011			Nine Months Ended September 30, 2010			Period from January 10, 2006 (inception) to September 30, 2011
Numerator: Net Loss	$	(101,607	)	$	(95,713	)	$	(942,986	)
Denominator: Weighted-average number of common shares outstanding		11,058,012			10,094,213			8,562,066
Basic and diluted net loss per common share	$	(0.01	)	$	(0.01	)	$	(0.11	)

The 1,000,000 outstanding warrants at March 31, 2010 were excluded from the calculation of diluted loss per share as their effects were anti-dilutive due to the Company’s net losses for that period. These warrants expired on May 27, 2010.