v2.4.0.6
NET LOSS PER COMMON SHARE
6 Months Ended
Jun. 30, 2012
NET LOSS PER COMMON SHARE

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
June 30, 2012
    Three Months
Ended
June 30, 2011
 
Numerator: Net Loss   $ (27,448 )   $ (33,358 )
Denominator: Weighted-average number of common shares outstanding     11,600,224       11,032,224  
Basic and diluted net loss per common share   $ (0.00 )   $ (0.00 )

  

    Six Months Ended
June 30, 2012
    Six Months Ended
June 30, 2011
    Period from
January 10, 2006
(inception) to
June 30, 2012
 
Numerator: Net Loss   $ (76,717 )   $ (72,465 )   $ (1,044,943 )
Denominator: Weighted-average number of common shares outstanding     11,540,224       11,020,290       8,861,554  
Basic and diluted net loss per common share   $ (0.01 )   $ (0.01 )   $ (0.12 )